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The Dispatch is a weekly newsletter highlighting recent stories and providing news updates on happenings within MAC.  It comes out every Wednesday and is distributed to a subscriber list of more than 7,000 payment professionals.  

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Navigating the Payment Industry Alphabet - U is for "Underwriting"
Posted In: APP Dispatch, APP Monitor,
Date posted Mar 9

U is for Underwriting.In the payments industry, Underwriting is the process of evaluating a merchant’s risk profile before granting them...

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Navigating the Payment Industry Alphabet - T is for "Transaction Laundering"
Posted In: APP Dispatch, APP Monitor,
Date posted Mar 2

T is for Transaction Laundering! This is one of the more interesting topics I like to discuss with folks.Transaction Laundering, sometimes called...

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Navigating the Payment Industry Alphabet - S if for "Settlement"
Posted In: APP Dispatch, APP Monitor,
Date posted Feb 23

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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Navigating the Payment Industry Alphabet - R is for "Risk"
Posted In: APP Dispatch, APP Monitor,
Date posted Feb 16

R is for "Risk". It seems fairly straightforward but there are some nuances.In the payments industry, Risk is the potential for financial loss,...

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Navigating the Payment Industry Alphabet - Q is for "Quality Data"
Posted In: APP Dispatch, APP Monitor,
Date posted Feb 9

Q is for Quality (Data)!In the payments industry, Data Quality is more than a technical concern; it’s a compliance and risk imperative....

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Navigating the Payment Industry Alphabet - P is for "Processor"
Posted In: APP Dispatch, APP Monitor,
Date posted Feb 2

P 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...

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Navigating the Payment Industry Alphabet - O is for "Open Banking"
Posted In: APP Dispatch, APP Monitor,
Date posted Jan 26

O 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,...

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Navigating the Payment Industry Alphabet - N is for "Nacha"
Posted In: APP Dispatch, APP Monitor,
Date posted Jan 19

N is for "Nacha", which stands for the National Automated Clearing House Association, the governing body that oversees the ACH (Automated Clearing...

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Navigating the Payment Industry Alphabet - M is for "Merchant"
Posted In: APP Dispatch, APP Monitor,
Date posted Jan 12

This 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...

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Navigating the Payment Industry Alphabet - L is for "Liability"
Posted In: APP Dispatch, APP Monitor,
Date posted Jan 5

L is for "Liability".In the payments industry, Liability refers to who bears the financial and regulatory responsibility when something goes wrong -...

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Board Elections - Now Accepting Submissions - Deadline 3/1
Posted In: APP Dispatch, Volunteer Openings,
Date posted Jan 5

APP Board of Directors' Elections Announcement for Directors and President-Elect As a leading association in the risk management domain, APP is at...

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Navigating the Payment Industry Alphabet - J is for "Julie's Journey"
Posted In: APP Dispatch, APP Monitor,
Date posted Dec 22

J 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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