Blogs

Congratulations to our 37 New EPCOR Member and Staff AFPPs!

By Hoot-E
We are thrilled to congratulate the 37 EPCOR members and staff who successfully passed the inaugural Accredited Faster Payment Professional (AFPP) exam! Congratulations to the following: Elizabeth Adkins, AAP, AFPP of Superior Credit Union Robert Austin, AAP, AFPP, APRP of Dollar Bank, F.S.B. Marjorie Boardman, AAP, AFPP, APRP, NCP of Legacy Bank and Trust Myranda Brown, AAP, AFPP, APRP of EPCOR Angela Chudzinski, AFPP of KeyBank Morgan Chumley, AAP, AFPP of Firstar Bank Bryce Doran, AFPP of Merchants Bank of Indiana Tracy Downs, AFPP of Corporate One Federal Credit Union Kelly Dulle, AFPP ...
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The Critical Importance of a Comprehensive ACH Origination Agreement

By Amy Donaghue
ACH payments have become a central component of how organizations move money today. Businesses rely on ACH for payroll, vendor payments, consumer debits and countless other online transactions. Despite its widespread use, one critical element is often overlooked: a well‑crafted ACH Origination Agreement. This agreement forms the foundation for safe, compliant and well‑controlled participation in the ACH Network. Without it, both financial institutions and business clients are exposed to unnecessary legal, financial and operational risks. Special Considerations for Third-Party Senders Third‑Party Senders are required under the ACH Rules to maintain ...
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FBI IC3 2025 Report Breakdown: Rising Fraud Trends and Emerging Risks

By Trevor Witchey
The Federal Bureau of Investigation (FBI) has released its annual Internet Crime Complaint Center (IC3) Report , reflecting complaints received throughout 2025. The report provides a comprehensive look at cyber-related crime trends, losses and emerging risks impacting clients and financial institutions alike. There are a variety of reports available for review, including: Overall Annual Report State Reports NEW Complainants 17 Years Old or Younger State Reports Cryptocurrency State Report Elder State Report Our team is tracking data in the overall annual report to identify patterns and ...
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Paymentspalooza Rocked Indianapolis for the FIRST TIME! 🎸🎶

By Hoot-E
EPCOR Payments Conference – Spring 2026 came to life this month, bringing payments professionals together in Indianapolis for the first time for three days of high-energy education, hands-on learning and forward-looking insights into the evolving payments landscape. Kicking Things Off: Hands-On Learning Workshops Paymentspalooza kicked off with two immersive pre-conference workshops designed to build practical, real-world expertise. Attendees explored the upcoming June 2026 ACH Originator fraud monitoring requirements and what they mean for ODFIs, Third-Party ...
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Ask Hoot-E: Navigating U.S. Treasury Check Reclamations

By Hoot-E
Special thanks to @Marcy Cauthon , AAP, AFPP, APRP, NCP, Director, On-Demand Education for helping me write this blog! When our members hear U.S. Treasury reclamations, they often think of ACH benefit payments first. However, there is also a separate reclamation process for issued U.S. Treasury checks. So, Why Discuss U.S. Treasury Check Reclamations? Federal payments by check are steadily transitioning toward electronic methods, except in rare cases where a waiver ...
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The Instant Payments Shift

By Brian Dao
I recently had the opportunity to attend the Faster Payments Council (FPC) 2026 Spring Member Meeting, where conversations across the industry made one thing clear: instant payments are no longer an emerging concept — they’re here, operational and continuing to evolve. In addition to the formal sessions, several side conversations added a valuable perspective. While this isn’t a comprehensive recap, I wanted to share a few key takeaways that I believe are especially relevant for our members. Adoption Is Maturing One of the strongest signals from the event was that financial institutions aren’t choosing between the RTP ® Network and the FedNow ...
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Why You Can’t Miss the FREE Inside the 2025 U.S. Instant Payments Adoption Study Webinar

By Sharon Hallmark
Instant payments are no longer a future-state ambition; they’re quickly becoming a competitive necessity. If you’re trying to understand where the market is headed, what’s driving adoption and how your organization should respond, this webinar is one you can’t afford to miss. A Data-Driven View of the Industry—From Those Enabling It Our upcoming FREE Inside the 2025 US Instant Payments Adoption Study webinar , happening April 23, is based on the 2025 U.S. Instant Payments Adoption Quantitative Study , developed in collaboration between the U.S. Faster Payments Council and Federal Reserve Financial Services. What makes this study ...
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Financial Literacy Month: Empowering the Communities You Serve

By Keldon Bowling
April marks Financial Literacy Month , a time dedicated to strengthening financial knowledge and empowering individuals and the communities they serve to make informed financial decisions. Much like the season of spring, it’s an opportunity for a fresh start: revisiting financial habits, setting new goals and building a stronger foundation for the future — both for individuals and the clients and communities financial institutions support. Why Financial Literacy Matters Financial literacy is more important than ever in today’s fast-moving financial environment, as it is being shaped by digital payments, evolving technologies and increasing economic ...
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WELCOME TO OUR NEW MEMBERS! 🎉

By Hoot-E
We have welcomed an additional 12 new members into the EPCOR family! Please join us in welcoming the following: ACH Pro in Miles City, MT Affinity CU in Des Moines, IA American AgCredit in Santa Rosa, CA Bank of Billings in Billings, MO Community Bank in Washington, PA ConnectOne Bank in Englewood Cliffs, NJ Eagle Valley Bank in Griggsville, IL Farmers and Merchants Bank in Maysville, OK Nebraska State Employees CU in Lincoln, NE Payment Processing Alliance in Smithville, Missouri Pfister Miller, Inc in Auburn, IN Strada U.S. Payroll LLC in The Woodlands, TX
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Top 50 Financial Institution ACH Originators and Receivers for 2025

By Hoot-E
The Nacha Top 50 rankings of financial institution originators and receivers of ACH payments for 2025 are now available. Among originating financial institutions, the Top 50 handled ACH volume of 30.7 billion payments last year, up 4.7% from 2024. They accounted for 91.4% of the ACH Network’s total commercial payments volume. The Top 50 receiving institutions had ACH payment volume of 23 billion, an increase of 6.4% over 2024. These institutions accounted for 65.1% of total volume on the ACH Network, inclusive of payments received from the federal government. “Financial institutions are the foundation of securely sending and receiving ACH payments ...
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EPCOR MEMBER ORGANIZATIONS FEATURED ON FORBES’ BEST BANKS LIST

By Hoot-E
Forbes released its 17 th annual list of Best Banks, and we’re excited to share 21 EPCOR member organizations are among the list! 👏🏼 Congratulations to the following financial institutions featured on the 2026 Forbes list of Best Banks: #8 German American Bancorp #9 Central Bancompany #11 1st Source Bank #17 First National Of Nebraska #20 First Financial (IN) #22 Home BancShares #24 First Mid Bancshares #30 Stock Yards Bancorp #32 Republic Bancorp (KY) #35 Civista Bancshares #40 JPMorganChase #41 Great Southern Bancorp #49 BancFirst #51 Community Trust Bancorp #55 First ...
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Top 5 Third-Party Sender Audit Findings

By Casey Demma
The ACH Rules require Third-Party Senders (TPSs) and Third-Party Service Providers (TPSPs) to complete an ACH Rules Compliance Audit annually. In 2025, EPCOR’s team of experts conducted audits for a wide range of TPSs and TPSPs. Throughout these engagements, our team observed several recurring compliance issues. Here’s a breakdown of last year’s top audit findings and the common areas needing attention. Audits and Risk Assessments A surprising number of TPSs don’t even realize they are TPSs, leaving them unaware of their obligation to perform an annual ACH Rules Compliance Audit or a periodic risk assessment. EPCOR frequently conducts these ...
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Refund Rush: Tackle Tax Season with Confidence

By Stephanie Mareski
Each year, our member financial institutions share the challenges they encounter when managing incoming tax refunds, particularly in balancing compliance with delivering excellent client and member service. To assist, we’ve compiled some of the most frequently asked questions, along with ACH Rules -based guidance to help safeguard your clients and your organization. What if the name on the Entry doesn’t match the name of the account holder? Under ACH Rules Subsection 3.1.2, financial institutions are not obligated to verify an account name with the transaction being posted to the account. The Green Book further clarifies this on page 1-8. ...
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Payments Innovation Alliance: Same Themes, Deeper Reality

By Brian Dao
I recently attended Nacha’s Payments Innovation Alliance meeting. The topics were not new, but the conversations felt more practical. Less “what if” and more “this is how people are using it.” Here are a few quick takeaways that stood out from the sessions: Open Banking: Section 1033 Still in Play Section 1033 remains in limbo, although the Consumer Financial Protection Bureau (CFPB) secured funding that appeared focused on finalizing a rule. Operationally, open banking creates wrinkles for ACH and recurring payments. Merchants can check whether funds are available before debiting. This is great for the consumer and prevents unnecessary Non-Sufficient ...
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Ask Hoot-E: ACH Credit Monitoring Requirements for RDFIs

By Hoot-E
Special thanks to @Myranda Brown , AAP, APRP , Analyst, Payments, Risk & Compliance for helping me write this blog! As the ACH Network continues to evolve, RDFIs face new responsibilities in the fight against fraud. Our auditors recommend that financial institutions take a proactive approach to stay in compliance with the new ACH Rules going into effect this month. These changes represent a meaningful shift in risk management expectations, requiring careful monitoring ...
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2025 SAR Data Across Payment Systems

By Trevor Witchey
From the Financial Crimes Enforcement Network (FinCEN), full 2025 Suspicious Activity Report (SAR) numbers have arrived, revealing notable patterns across ACH, wire transfers, check payment systems and credit and debit cards. Using collected SAR filings through 2014 by payment system, here’s the visual trend through 2025: When comparing 2024 to 2025 SAR filings per payment system: ACH: 316,786 total filings, up 8.3% Wire Transfers: 130,382 total filings, up 7.4% Checks: 475,878 total filings, down 8.7% Credit and Debit Cards: 316,786 total filings, up 6.2% Only ...
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Paymentspalooza Rocks Out in Indianapolis for the FIRST TIME EVER!

By Shirley James
In our technology-driven world, payments professionals have a variety of ways to learn new strategies and sharpen their skills. You can listen to podcasts, read whitepapers, attend webinars or participate in virtual events. All are valuable and have their place in continuing education. With so many options available, you might ask yourself why it’s worth investing the time and money to attend an event like EPCOR Payments Conference - Spring 2026 . Simply put, you cannot find this unique, focused experience anywhere else. It dramatically enhances both your professional and personal development while equipping you with the tools and skills needed ...
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Ask Hoot-E: 2025 Audit Retrospective: Notable Findings and Recommendations from the Field

By Hoot-E
Special thanks to @Deanna Jewell , AAP, APRP, Senior Analyst, Payments Risk & Compliance for helping me write this blog! EPCOR’s Advisory Services Team had a productive 2025, supporting financial institutions through audit engagements across core payment channels: ACH, Remote Deposit Capture (RDC) and wire transfers. While each payment channel presents its own unique operational and compliance risks, our audit results revealed consistent, recurring citations. The following insights, findings and observations are areas ...
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Instant Payments, Evolving ACH Rules and What’s Next: Why You Can’t Miss Payment Systems Update

By Sharon Hallmark
The payments ecosystem isn’t just changing, it’s accelerating rapidly. From instant payment rails scaling to handle multi-million-dollar transactions to the ACH Rules continuing to evolve to address fraud, sanctions and international processing, financial institutions are facing a pivotal moment. Payment Systems Update is designed to help you stay ahead of the curve with actionable insights, regulatory clarity and peer-driven perspectives. This year’s agenda features two timely, high-impact sessions that address the operational, compliance and strategic challenges payments professionals face today: Instant Payments in Motion: RTP ® & ...
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Nacha Announces 2026-2027 Advisory Committees

By Hoot-E
Nacha’s Payments Innovation Alliance is kicking off 2026 with a fresh lineup of leaders ready to shape the future of payments. Comprised of elected members across five advisory committees, this group brings a mix of expertise, vision and real-world experience to help guide the Alliance and its members through the rapidly evolving payments landscape. This year, we’re especially proud to spotlight EPCOR’s very own Brian Dao, AAP, Vice President of Member Engagement, serving on the Emerging Payments Advisory Committee and Matthew Wade, AAP, AFPP, APRP, CPA, Payments, Risk & Compliance Advisor on the Risk, Security & Regulatory Payments Advisory Committee. ...
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