UMACHA

Our team cannot stop smiling after last month's incredible time at the Navigating Payments conference! Thank you to everyone who joined us for education, celebration, and connection - your enthusiasm made this event a resounding success! 📸 We captured some amazing moments, and we invite you to check out our photos here: https://lnkd.in/gaMSVH77 🔔 Mark your calendars for next year! Save the date for Navigating Payments 2025 - September 16 & 17, 2025. We can't wait to see you there! #NP2024 #SaveTheDate

Get ready to dive into the thrilling world of AI, as UMACHA partners with Identifee and Nacha to empower our members with an incredible resource: IDA! https://lnkd.in/ghgdmCHV

📹 Got talent? Use it to fight financial scams! Enter the Spotlight! Payments Video Challenge, proudly presented by Center for Payments, and you could win up to $6,500. Let's work together to make the world a safer place. Deadline: November 12. https://bit.ly/3XyLjqw #StandAgainstScammers #ScamBusters #ContestAlert

Join us for the Payments Forum on November 7 https://lnkd.in/gCY595hP! As the payments landscape evolves with instant solutions like FedNow and RTP, it's crucial for payment professionals to adapt and stay informed. Hear from UMACHA's Education team and top industry experts on key topics that will enhance your expertise and keep you ahead in this dynamic field. Don’t miss this opportunity to connect and learn! #payments

Emerging fraud trends: According to the 2024 Payments Fraud Survey conducted by the Center for Payments in partnership with Nacha and ICBA, 62% of financial institutions reported an increase in #fraud incidents. Where do you stand regarding prevention, response, and mitigation compared to other institutions? Read more here: https://lnkd.in/gFzy85iB

Do you know someone who is passionate about protecting others from financial scams and great at creating short videos? They could win up to $6,500 in Nacha’s Payment Innovation Alliance’s Spotlight! Payments Video Challenge! Contest entries are due by November 12. Please share with your network. #StandAgainstScammers #AntiScam #WinBig https://bit.ly/3XyLjqw

There are a lot of great insights in the FedPayments Improvement's new blog featuring the U.S. Faster Payments Council's recent '2024 U.S. Instant Payments Adoption Quantitative Study.' Here are a few things that stood out to me: 🏍 By 2028, an estimated 70% to 80% of U.S.-based financial institutions will be enabled to receive instant payments 💸 By 2028, 30% to 40% anticipate being enabled to send instant payments [only?] Respondents shared that the ubiquitous availability of fraud tools, alias tools, and user interfaces are factors that will help promote faster adoption, along with the continued clarification of rules and standards, which are increasingly important to drive adoption. Check out the blog here: https://lnkd.in/gQBu7dvV Check out the FPC's complete study here: https://lnkd.in/gx2MrYdW

Join this fabulous group of industry experts and learn how to bank Cannabis related businesses. Mike Gallagher Cami Cantrell Alex Bilski, CCCP Lisa Salazar Daniel Vallejo, CAMS Old National Bank North American Banking Company Shield Compliance Bridgewater Bank

Excited to share that UMACHA is hosting a virtual symposium focused on one of today’s most dynamic and evolving industries—cannabis banking. As a UMACHA board member, I’m proud to be part of an organization that continuously brings relevant, timely topics to our financial community. This event will feature an incredible lineup of industry experts, providing insights into the latest trends, regulatory updates, and best practices in cannabis banking. Don’t miss this opportunity to stay informed and engaged with the changing landscape of cannabis-related payments. #CannabisBanking #UMACHA #Payments

The legalized retail cannabis industry is reshaping the financial landscape, influencing every financial institution—join us for the Cannabis Banking Symposium, where we’ll explore the history of cannabis banking, dissect the current legal framework, and weigh the risks and rewards involved. Don’t miss this chance to equip your institution with the knowledge to thrive in this dynamic market! Register today: https://lnkd.in/d87mXRDN #cannabisbanking