Security Procedures and the UCC in a Changing Landscape

Speakers in this session examine and discuss the evolving ways that clients and third-party processors are able to send Payment Orders to financial institutions for execution, and how to best structure commercially reasonable security procedures for those communication methods. The proliferation of fintech middleware, including those that can function as an off-core ledger, has increased customer demand for the ability to provide Payment Orders in unique and novel ways. Has the bar changed with respect to what institutions should be able to offer and recommend to their most sophisticated payments clients?