Wrestling Payments

Send us a text. (email us if you need a response) SUMMARY A new weekly format: ten stories across two weeks, with an eye on what each one means in New England. Stablecoin reserves as a deposit category you can compete for, a Treasury check ring that coached depositors by text, Fed supervision consolidating from twelve regions to five, and a $350 million reminder to point your risk assessment at where the money actually moves. EPISODE DESCRIPTION Something new: a weekly run through what is hap...

Send us a text. (email us if you need a response) Sean Carter, Caitlin Mullins-Smith, and Averee Jimenez dig into where ACH compliance breaks down in practice: origination-side fraud monitoring that nobody set up, web entries treated by label instead of by rule, mishandled written statements that turn into warranty breach exposure, and exposure limits that only look at credit risk. EPISODE DESCRIPTION Sean Carter, Caitlin Mullins-Smith, and Averee Jimenez join Joe to work through what institu...

Send us a text. (email us if you need a response) EPISODE SUMMARY Joe Casali uses this solo episode to argue that the proposed Stop Payments Fraud Act of 2026 is a useful but limited step against check fraud. He compares today’s check fraud problem to the 1800s, when thousands of banks issued their own currencies and the US eventually solved the issue by standardizing and phasing out the old system. In this episode, Joe explains why he thinks the bill helps investigators but does not go far e...

Send us a text. (email us if you need a response) Episode Summary In this episode of Wrestling Payments, host Joe Casali welcomes David Dwumah, Founder & CEO of OurFiin and faculty member at the WPI Business School, for a conversation about one of the most important questions facing the payments industry today: how do organizations innovate without sacrificing trust? As stablecoins, tokenized deposits, real-time payments, and other emerging technologies gain momentum, many or...

Send us a text. (email us if you need a response) Nanci McKenzie, MLS, JM, AAP, APRP, CAMS, payments expert in Capital One’s commercial bank treasury management group, joins Joe ahead of her session at NEACH’s End User Payments Fraud Symposium. First party fraud is the one where your account holder is not the victim. Nanci walks through how to tell it apart from authorized credit push fraud, what the ODFI and the RDFI each get to see, and the healthcare scheme that surprised even her. Her nam...