Fintech News

NOVEMBER 6, 2024

Morgan (formerly Onyx) to enhance cross-border payment accuracy in Malaysia, Thailand, and Hong Kong, This makes Nium the first fintech to provide data for validating bank account details in these markets. The solution helps prevent unnecessary fees, delays, and customer dissatisfaction.

Cross-Border Payments 121

Cross-Border Payments Cross-Border Account Validation Credit Union 121

Fintech Finance

FEBRUARY 5, 2025

As a direct Pix participant and regulated Payment Institution, Transfeera automates compliance processes for betting operators, providing real-time CPF (Cadastro de Pessoas Fsicas) and bank account validation. It also enables centavo deposit verification, ensuring player accounts are active and valid for transactions.

Regulations 72

Regulations Central Bank Account Validation Fraud Prevention 72

The Fintech Times

FEBRUARY 5, 2025

As a direct participant of Pix, Brazils instant payment system, and as a regulated Payment Institution, Transfeera automates compliance processes for betting operators, providing real-time CPF (Cadastro de Pessoas Fsicas) and bank account validation.

Compliance 59

Compliance Automation Rules Central Bank 59

Fintech Finance

MAY 7, 2024

Phixius by Nacha —a trusted, secure, peer-to-peer payment information network—announced today its partnership with ValidiFI , a leading provider of predictive bank account and payment intelligence. This collaboration will expand on Phixius’ current account validation coverage, leading to fewer returns and improving ACH payment quality.

Phixius 52

Phixius Account Validation NACHA Accounts 52

PYMNTS

MAY 2, 2019

The Association named MicroBilt for the accuracy and timeliness of its account verification capabilities, it said. “Account validation is an important tool for businesses that originate ACH transactions,” said NACHA Chief Operating Officer Jane Larimer in a statement. “With a database of more than 1.5

NACHA 49

NACHA Verification Accounts Account Validation 49

PYMNTS

FEBRUARY 21, 2017

For financial institutions and merchants, validating transactions in real time can be a boon, eliminating returns or declined transactions. The suggestion, then, was to use tokenization to ascertain account validity and funds availability in consumers’ accounts, using API calls from the merchant.

Faster Payments 51

Faster Payments Same Day ACH NACHA Credit Union 51

PYMNTS

JUNE 4, 2017

The transactions use the same card numbers, or login credentials, and use that data to pay someone with “instant, irreversible funds directly into their bank account the same way money comes out and the way you send money.”.

Push-to-Card 41

Push-to-Card Payment APIs and Integration Payments Payroll 41