Remove Account Validation Remove On-Demand Remove Risk Management
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New NACHA Rule Could Catch Payment Processors, Merchants, FIs Off-Guard

PYMNTS

In a new PYMNTS interview, David Barnhardt, executive vice president of product at GIACT , which offers fraud detection and account validation tools, talks about an upcoming change by NACHA, national administrator of the ACH network, to make internet-initiated debit transactions (WEB debits) safer and more seamless.

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Treasury And Risk Management, Clearly, In The Clouds

PYMNTS

A: We focus on innovating business value that meets business demand. We review these demands for new solutions with our in-house subject matter experts and solve the challenge. Since then, we’ve pushed the entire market to demand TMS delivered via SaaS. Q: How would you define your company’s approach to innovation?

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5 Keys to Managing Merchant Risk in Onboarding & Monitoring

FICO

However, this acceleration in decisioning can come at the expense of risk management and can negatively impact profitability for the acquirer if not done correctly. Expand the risks you are monitoring, and your rate of learning. Gather actionable and objective data.

Risk 52
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Pushing Payments, Far Afield, to Employees

PYMNTS

From the Gig Economy to business expenses, employees raised on smartphones expect employers to deliver their money in the same way – with speed, flexibility and on-demand. billion consumer accounts. “The You also need (to partner with) someone who has reach beyond just your bank account,” and with a complete solution he said.

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Em Conversa: Understanding Open Banking Benefits for Businesses and Consumers with Prometeo

The Fintech Times

Open banking has made a significant impact on the credit market by promoting financial inclusion and improving risk management for lenders. Additionally, identifying potentially fraudulent bank accounts allows businesses to be aware of and act on risks and enhances the accuracy and safety of credit assessments.