S is for Settlement. However, it would be amiss if I didn't also mention Authorization and Clearing!Settlement is the final step in the payment...
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R is for "Risk". It seems fairly straightforward but there are some nuances.In the payments industry, Risk is the potential for financial loss,...
Read PostQ is for Quality (Data)!In the payments industry, Data Quality is more than a technical concern; it’s a compliance and risk imperative....
Read PostP is for "Processor". This is a bit detailed and is part of the payment industry storyline. Stay tuned for another part of the alphabet that goes...
Read PostGovernment Relations Newsletter: Vol 14, Issue 1 "Things to Pay Attention to in 2026" By: Members of the Government Relations Strategic Interest...
Read PostO is for "Open Banking" (a newer term in the payment industry).Open Banking is transforming the way financial data is shared and used. At its core,...
Read PostN is for "Nacha", which stands for the National Automated Clearing House Association, the governing body that oversees the ACH (Automated Clearing...
Read PostThis is a good one: M is for "merchant"!A Merchant is any business or individual that accepts payments for goods or services. In the payments...
Read PostL is for "Liability".In the payments industry, Liability refers to who bears the financial and regulatory responsibility when something goes wrong -...
Read PostAPP Board of Directors' Elections Announcement for Directors and President-Elect As a leading association in the risk management domain, APP is at...
Read PostK is for "Know Your Customer" and "Know Your Business" (KYC/KYB).KYC/KYB is a foundational compliance process in the payments industry, and in...
Read PostJ is for "Julie"! 😊 I want to take this opportunity to share my gratitude to all my payment industry colleagues who have supported and encouraged...
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