Brian Holbrook, Director of Product Strategy and Integrated Services, LSEG Risk Intelligence
with Brian Holbrook, LSEG Risk Intelligence
Brian Holbrook discusses the impact of Nacha’s new fraud monitoring rules and the shift towards a more risk based approach to ACH fraud prevention. He explains that organisations leading the way are no longer relying on simple compliance checklists, but instead adopting a holistic view of customer behaviour across the full payment lifecycle.
The conversation explores how growing ACH transaction volumes are making fraud more difficult to detect through transaction screening alone. Brian highlights the importance of monitoring onboarding activity, account changes and behavioural shifts, particularly in relation to impersonation fraud.
He also explains the significance of LSEG Risk Intelligence being recognised as a Nacha preferred partner, noting the value of working with providers who understand both current fraud trends and the evolving regulatory landscape.
Nanci McKenzie, Director Treasury Management Payments Expert, CapitalOne
with Nanci McKenzie, Capital One
Nanci McKenzie focuses on the growing role of Agentic AI within faster payments and the importance of establishing strong governance frameworks before scaling these technologies. She stresses that banks must develop clear policies, compliance structures and risk mitigation strategies despite the current lack of comprehensive regulation.
The discussion also explores fraud threats facing commercial customers, including the rise of “pig butchering” scams. Nanci explains how these scams rely on building trust with victims over extended periods of time, often through fake investment opportunities linked to cryptocurrency.
She highlights the need for more intelligent fraud monitoring systems capable of identifying unusual account behaviour and suspicious payment activity before fraud occurs. The conversation closes with a discussion around the urgent need for clearer regulation surrounding blockchain, stablecoins and AI driven payments infrastructure.
Kevin Donoughe, Senior Vice President, Assistant General Counsel, Regions Bank
with Kevin Donoughe, Regions Bank
Kevin Donoughe shares his perspective on the legal and compliance landscape surrounding stablecoins, describing the industry as being at a major transition point from experimentation to institutional adoption.
He explains how the GENIUS Act has reduced regulatory ambiguity and provided greater clarity around who can issue stablecoins and under what conditions. However, Kevin also notes that many questions remain unanswered, particularly around implementation and oversight.
The conversation explores how stablecoins compress familiar banking risks such as liquidity, fraud and governance into a much faster and less forgiving environment. Kevin stresses that banks considering stablecoin adoption must treat them as core payment systems rather than fintech experiments.
He also discusses the evolving fraud landscape, including credential compromise, social engineering and authorised push payment fraud. While AI is becoming an increasingly important tool for fraud detection, Kevin emphasised the continued importance of human oversight in managing risk and ensuring regulatory compliance.
Alex Treece, Co-Founder and CEO, Stablecore
with Alex Treece, Stablecore
Alex Treece examines the rapid growth of stablecoins and why the market has reached what he described as a crossroads moment. He highlighted the dramatic increase in stablecoin supply over recent years and the expectation that the market could grow into the trillions following recent regulatory developments.
The discussion focuses heavily on the impact of the GENIUS Act and the growing participation of banks within the stablecoin ecosystem. Alex argued that clearer regulation is helping traditional financial institutions enter the market with greater confidence and reducing many of the uncertainties that previously held banks back.
He also explores how stablecoins are likely to integrate into the broader banking ecosystem over time, becoming another payment rail alongside ACH, wire transfers and real time payments.
Commercial use cases feature prominently in the conversation, particularly cross border payments, treasury management and the ability for banks to support clients transacting in stablecoins.
Brian Weide, Director of Treasury Management, DeNovo Treasury
with Brian Weide, DeNovo Treasury, LLC
Brian Weide discusses the increasingly important debate around whether banks should charge for access to open banking data. Speaking from the perspective of community banks and credit unions, he explains that smaller institutions must carefully balance innovation with the costs of security, infrastructure and compliance.
The conversation also examines the growing threat of fraud and the role AI could play in helping banks detect suspicious activity more effectively. Brian describes the current fraud landscape as “scary”, pointing to the speed at which fraud tactics continue to evolve.
While AI may help institutions identify patterns and anomalies faster than humans alone, Brian stresses that human oversight remains essential. Ultimately, he argues that each institution’s risk appetite will determine how much reliance they place on automated fraud detection systems.
Marsha Jones, President, Third Party Payment Processors Association
with Marsha Jones, Third Party Payment Processors Association
Marsha Jones introduces the work of the Third Party Payment Processors Association and explains how the organisation was formed to establish industry best practices for payment processors and banks.
She discusses the rise of fintech companies operating as payment processors and the challenges banks face in understanding and managing these relationships, particularly around anti money laundering obligations and compliance responsibilities.
The conversation explores the importance of risk based compliance management systems and detailed risk assessments, with Marsha emphasising the need for payment processors to fully understand the merchants they support.
She also explains how monitoring merchant behaviour and identifying unusual activity can help institutions detect suspicious transactions and potential money laundering risks before they escalate.
Summary
As the payments landscape continues to evolve, these conversations highlighted the growing intersection between innovation, regulation and risk management. From stablecoins and AI driven fraud prevention to open banking and compliance, financial institutions are navigating a period of rapid transformation where speed, security and trust are becoming more critical than ever.
