The CUPP | Episode 17: The payments system – fraud risks and emerging opportunities
Join José Resendiz, Chief Operating Officer at Early Warning Services (EWS), for a discussion about the history and growth of Zelle and its use among credit unions. Regarding reports of increased fraud on peer-to-peer payment (P2P) platforms, Resendiz outlines potential sources of this fraud and strategies to eliminate fraud in the payments system.
Key Takeaways
- Understand credit unions’ engagement with the Zelle Network and how this has evolved over time.
- Learn about the perceived rise in fraud in P2P payments and ways that all parties can work together to eliminate fraud.
- The current state of the payments system and the future of P2P payments with the launch of FedNow this summer.
