Title:Mitigating Synthetic Identity Fraud in the U.S. Payment System
Summary:This white paper, published by the Federal Reserve highlights different ways that organizations – both individually and collectively– can work to mitigate synthetic identity fraud. Additionally, we summarize a number of external factors that impact mitigation, such as the regulatory environment.
PublishDate:7/2/2020 12:00:00 AM
Title:Even During a Pandemic, Direct Deposit Delivers
Summary:Direct Deposit is one of those things that’s easy to take for granted. Like clockwork, it delivers employees' salaries each payday, as well as Social Security and veterans benefits. And as far as most people are concerned, it all happens without a second thought. But in these unprecedented times, Direct Deposit has found itself in the forefront.
PublishDate:6/15/2020 12:00:00 AM
Title:Important Message from WesPay's President & CEO
Summary:View an announcement regarding WesPay's 2020 Payments Symposium.
PublishDate:5/18/2020 12:00:00 AM
Title:F.A.Q. on Stimulus Checks, Unemployment and the Coronavirus Plan
Summary:The $2 trillion relief bill will send money directly to Americans, greatly expand
unemployment coverage and make a number of other changes.
PublishDate:3/30/2020 12:00:00 AM
Title:Nacha Provides Relief to RDFIs on Signature Requirements for Written Statements
Summary:The Nacha Rules require an RDFI to accept a consumer’s Written Statement of Unauthorized Debit (WSUD), and also require that the WSUD be signed or similarly authenticated.
PublishDate:3/27/2020 12:00:00 AM
Title:NCP Exam Rescheduled to August 29 to October 3, 2020
Summary:Factoring in pandemic-related issues and the health and safety of NCP candidates, The Clearing House and ECCHO made the decision to move the dates for the 2020 NCP Exam to later this year.
PublishDate:3/23/2020 12:00:00 AM
Title:WesPay is Here for You
Summary:Message from WesPay's President & CEO, William J. Schoch - Many of you are working diligently to review and activate your business continuity plans and develop flexible work schedules that will limit the spread of the coronavirus. WesPay is taking many of the same precautions, and I want to share with you how we will continue to support our members during this unusual period.
PublishDate:3/17/2020 12:00:00 AM
Title:How the ACH Contact Registry Will Make Life Easier for Financial Institutions
Summary:When you need a hand from someone at another financial institution, finding that someone can be daunting. But things are about to change.
A new Rule creates the ACH Contact Registry, which opens July 1, 2020. It’s going to make locating the right person a whole lot easier.
PublishDate:3/9/2020 12:00:00 AM