Payments & Card Operations

You prevent fraud across payment channels: card fraud (CNP, counterfeit, account takeover), ACH fraud (unauthorized debits, BEC-initiated payments), wire fraud (social engineering, business email compromise), and emerging real-time payment fraud (Zelle, FedNow, RTP where payments are instant and irrevocable). You manage authorization decisioning (approve/decline/step-up), dispute resolution (Reg E for electronic, Reg Z for credit card, network chargeback rules), and fraud loss management. The challenge: every declined legitimate transaction costs revenue and customer satisfaction; every approved fraudulent transaction costs loss dollars.

You process ACH files (origination and receipt), execute wire transfers (domestic Fedwire and international SWIFT), manage OFAC screening for every wire, handle returns and exceptions (NSF, unauthorized, stop payments), and comply with Nacha operating rules and Reg E. Wire operations require real-time OFAC screening, beneficiary validation, and compliance with funds transfer rules (UCC Article 4A, Reg J). For FedNow and RTP, you manage instant payment processing with irrevocable settlement.