Welcome to UMACHA
Payment News
Nacha RMAG Offers Guidance to Address Potential Fraudsters with Risk Based Controls
RMAG's membership of risk management professionals works diligently to protect financial institutions, customers, and the ACH Network from threats posed by all types of financial crimes...
U.S. Department of the Treasury Office of Public Affairs
New Treasury Report Shows Fintech Industry Requires Additional Oversight to Close Gaps, Prevent Abuses and Protect Consumers Report Recommends that Fintech-Bank Partnerships be Subject...
Credit Push Fraud- What you need to know!
Participants in the payments system need to understand and adapt to emerging fraud scenarios and develop counterstrategies to help protect their customers and themselves. Check out...
Synthetic Identity Fraud is on the rise: UMACHA, FRPA and FRB can help
Check out the Synthetic Identity tool kit and find out how to combat fraud. Also check out FRPA's online fraud reporting system tracks financial crimes and alerts its subscribers about...
From the FDIC: New FFIEC Cyber Security Guidance
On October 3, 2022, the Federal Financial Institutions Examination Council (FFIEC) announced an update to its 2018 Cybersecurity Resource Guide for Financial Institutions. The guide...
CFPB Issues Circular on Consumer Unanticipated Overdraft Fees
The Bureau issued Circular, explains that overdraft fees, as described in the Circular, can constitute unfair acts or practices.
Upcoming Events
ACH Return Reason Codes Explained
Improper use of Return Reason Codes creates risk for FIs. Learn the appropriate use for many commonly used and commonly mis-used return reason codes. This session will discuss...
Check Processing, Returns, & Adjustments
How much do you know about the check? Get started with this webinar where we will cover the key definitions, parts of a check, parties to the check, parts of the MICR line and the routing...
Banking Cannabis ABCs
Has your financial institution decided they want to explore banking cannabis? Have they decided they definitely do not want to bank cannabis? Are you wondering how to determine...
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Latest News
Nacha RMAG Offers Guidance to Address Potential Fraudsters with Risk Based Controls
RMAG's membership of risk management professionals works diligently to protect financial institutions, customers, and the ACH Network from threats posed by all types of financial crimes...
U.S. Department of the Treasury Office of Public Affairs
New Treasury Report Shows Fintech Industry Requires Additional Oversight to Close Gaps, Prevent Abuses and Protect Consumers Report Recommends that Fintech-Bank Partnerships be Subject...
Credit Push Fraud- What you need to know!
Participants in the payments system need to understand and adapt to emerging fraud scenarios and develop counterstrategies to help protect their customers and themselves. Check out...