In this first of a two-part series, join Matt Friend, Managing Director with JPMorgan Chase, as he outlines what transaction tagging is, then shares their journey to gaining insights into Pay by Bank—highlighting the initial challenges they faced due to limited data. Matt discusses leveraging transaction tagging to enrich ACH debits and examine key findings, such as aggregator-enabled transactions growing 18x since 2021.

He also highlights the increased claims observed in higher-risk use cases (e.g., purchase and wallet funding transactions), which see 3•4x more claims than traditional ACH debit FI transfers or billpay payments. He concludes with a preview of the next session and share additional data-driven findings that further illustrate the operational and risk insights revealed through transaction tagging.

Item Number - LMSM2624