Trending payments news and insights, written by the Wespay Advisors’ staff, and updated regularly to keep you learning and your business growing. Got a question you’d like us to cover? We’d love to hear from you.
As you begin planning and budgeting for 2027, now is a great time to consider your upcoming audit and risk review needs. Securing your audit schedule early not only helps with budgeting and…
Mergers and system conversions are enterprise transformations that put operational continuity, regulatory compliance, and account-holder trust at risk.
Have you booked your 2026 ACH Audit with Wespay Advisors? We are currently scheduling audits for the 4th quarter, and our schedule is filling up fast!
Fraudsters utilize generative AI to gather large amounts of personally identifiable information from data breaches, public records, and social media. Using a combination of real and fake information, fraudsters then create a fraudulent identity to circumvent…
As the payments landscape continues to evolve, complying with Regulation E has become increasingly complex. Wespay receives hundreds of questions every year from financial institutions looking for guidance on interpreting and applying Regulation E’s requirements.
Wespay Advisors is excited to announce three new consulting engagements to meet the ever-changing payments landscape: Board Payment Strategy, Payments Business Continuity Plan, and GTM – Treasury Management Sales Enablement.
Discovering that you’ve onboarded a Third-Party Sender (“TPS”) can feel like a compliance challenge—but it can also be a strategic growth opportunity. With the right framework, your institution can strengthen controls, align internal…
The compliance deadlines for Nacha’s Fraud Monitoring have arrived. If your Institution, Originators, or Third-Party Senders still need a documented, risk-based fraud monitoring program, now is the time to act.
Financial institutions that work with Third-Party Senders (TPS) know the importance and the complexity of meeting Nacha Rules requirements, including the requirement for Third-Party Senders to complete an annual ACH Rules Compliance Audit by December 31.