With the Same Day ACH rollout coming in just two weeks and other faster payments initiatives taking off, financial institutions are taking significant steps to ensure the transition to a faster processing environment, including improving their payment security platforms to keep fraudsters at bay.
As quicker processing comes into play, the time is ripe for fraudsters to take advantage of potential weaknesses in their existing payments processing machinery.
With the Same Day ACH rollout coming in just two weeks and other faster payments initiatives taking off, financial institutions are taking significant steps to ensure the transition to a faster processing environment, including improving their payment security platforms to keep fraudsters at bay.
As quicker processing comes into play, the time is ripe for fraudsters to take advantage of potential weaknesses in their existing payments processing machinery.