Many of the rules surrounding consumer protection against unauthorized transactions are not only inconsistent, but also pretty dated. Nancy O’Malley, Group Executive and Chief Payment System Integrity Officer of MasterCard, briefed MPD CEO Karen Webster on its global initiative to modernize the zero liability promise...
A new rule from NACHA, set to go into effect next year, is going to put the financial burden for unauthorized ACH debits on banks. David Barnhardt, Payment Product Manager at Early Warning, tells PYMNTS how FIs can get out in front of this change,...
