The Payments Association

JUNE 16, 2025

Jerome Ajdenbaum CEO Finality, settlement, and device-based transfers The project assessed whether it was feasible to enable payments between parties who had no access to the CBDC network at the time of transaction, a scenario often triggered by poor connectivity or service outages. For industry leaders, this is a crucial moment to engage.

Settlement 88

Settlement CBDC Payment APIs and Integration Privacy 88

Faster Payments Council

SEPTEMBER 12, 2022

Join this session to learn more about exchange framework assessments and pilot programs backed by the Business Payments Coalition (BPC), Federal Reserve and industry.

FPC 88

FPC Federal Reserve Cross-Border Payments Faster Payments 88

PYMNTS

SEPTEMBER 26, 2019

That consideration includes assessing the potential benefits and risks that come with the two fundamental types of bank payments: push and pull transactions. Instant transactions require that money move immediately and irrevocably, and TCH states that supporting push payments only reduces fraud risks.

Payer 67

Payer Push-to-Card Real Time Payments Payee 67

PYMNTS

APRIL 22, 2019

Since these transactions are irrevocable, pre-transaction authorization and Know Your Customer (KYC) checks are even more essential in the risk mitigation process. The Center for Payments wants to help FIs and corporates understand where those opportunities exist, and assess whether investments in those opportunities would be profitable.

Faster Payments 63

Faster Payments Center for Payments Real Time Payments Payments 63

PYMNTS

NOVEMBER 22, 2019

Device risk assessment programs can determine whether these value checks are coming from a small number of devices, indicating that hackers could be using botnets to further their schemes. QSRs must, therefore, be proactive in their prevention methods, or the presence of fraud could irrevocably taint the lucrative gift card market.

Credit Cards 52

Credit Cards Irrevocability Void Crime 52

Nanonets

SEPTEMBER 1, 2023

As transactions are irrevocable, the need for vendor confirmation is eliminated, simplifying and hastening the reconciliation process within your system. As we explore this, it becomes evident that assessing what key performance indicators (KPIs) would be affected is essential.

FedNow 52

FedNow Wire Transfer Federal Reserve ACH 52

FICO

APRIL 29, 2022

Increasingly, the scams involve cryptocurrencies; The New York Times also recently investigating crypto romance scams in which victims are lured into paying criminals with fraudulent, and irrevocable, transfers into digital wallets. Take our Retail Banking Payments Fraud Strategy Self-Assessment to evaluate your current initiatives.

Retail Payments 52

Retail Payments Zelle Romance Scams Consumer 52