The Payments Association

MAY 28, 2025

The process replaces your 16-digit primary account number and other sensitive data with a secure, unique digital identifier that functions exclusively within controlled environments. The evolution represents more than enhanced security protocols, it constitutes a complete reimaging of payment credential architecture.

Credential 88

Credential Payments Issuers Visa 88

Fintech News

APRIL 28, 2025

Mastercard Move also enables users to withdraw stablecoins into their bank accounts. To address challenges in cross-border remittances, Mastercard is expanding its Crypto Credential service, which simplifies sending and receiving digital assets with verified usernames.

Stablecoins 120

Stablecoins Settlement Visa Consumer 120

Fintech Finance

OCTOBER 28, 2024

Additionally, cardholders can easily manage their accounts through FV Bank’s online banking portal or mobile app, where they can view transactions, set spending limits, change PINs, and disable transactions with ease. Spend funds in real-time from their linked FV Bank USD accounts, making it easier to manage finances on the go.

Debit Card 145

Debit Card Online and Mobile Banking ATM Card Issuer 145

Fintech News

SEPTEMBER 22, 2024

Global highlights: January – December 2023, Source: Confidence Amid Chaos: Managing Fraud and Scams with Data and Analytics, LexisNexis Risk Solutions In financial services, new account creation attacks increased by 12% YoY, driven by increases on the mobile channel, primarily mobile browser. of all cases.

Accounts 143

Accounts Scams Bots Account Takeovers 143

Segpay

SEPTEMBER 24, 2024

Pay by bank transactions, also known as bank transfers, account to account (A2A) or direct bank payments are cardless payment methods that allow customers to pay directly from their bank account to the merchant’s bank account through open banking. The post Account-to-Account Payments: The New Banking Disruptor?

Accounts 105

Accounts Online and Mobile Banking Payments Authentication 105

Fintech News

JANUARY 13, 2025

The National University of Singapore (NUS) has partnered with Northern Trust and UOB to launch a first-of-its-kind initiative that uses blockchain technology to track green bond credentials. This move aims to increase transparency and trust in ESG (environmental, social, and governance) reporting within the financial sector.

Blockchain 120

Blockchain Credential Finance Agreements 120

Fintech News

OCTOBER 27, 2024

The SRF, to be implemented via a set of SRF Guidelines, aims to strengthen the direct accountability of financial institutions (FIs) and telecommunications companies (telcos) for phishing scam losses. The SRF’s liability provisions do not extend to transactions involving credit cards, charge cards, or debit cards issued in Singapore.

Phishing 135

Phishing Scams Blocks Authorization 135

Fintech Finance

FEBRUARY 6, 2025

Each FXellence customer will also be given a dedicated account manager. Currencyclouds state-of-the-art technology and robust security credentials mean our customers can be confident sending money globally.

Cross-Border Payments 90

Cross-Border Payments Cross-Border Payment Solutions Credential 90

VISTA InfoSec

JUNE 19, 2024

For instance, an attacker might send an email that appears to be from a trusted video communication platform, prompting you to click on a link to verify your account or update credentials. Once you follow the link, you enter a fake login page that captures your information.

Risk 277

Risk Ransomware Phishing Encryption 277

PYMNTS

DECEMBER 16, 2020

Ternio , a global FinTech platform, has integrated with Plaid , a financial data company, to help Ternio BlockCard bank accounts access faster and more secure connections to financial accounts, according to a press release. dollars between all of their accounts.”. customers to activate their FDIC-insured BlockCard bank accounts.

Accounts 106

Accounts Cryptocurrency FDIC Interoperability 106

Stax

MAY 5, 2025

Merchant account When setting up your payment gateway, you will be required to set up a merchant account. This type of account allows you to process credit card payments through the payment gateway and receive those funds back into your bank account. Other features are unique.

Payment Gateways 88

Payment Gateways Gateways Payment APIs and Integration Multi-Currency 88

NFCW

SEPTEMBER 12, 2024

VERIFICATION: The Digital Credentials API will use digital IDs to verify website users A new Digital Credentials API that will allow visitors to a website to verify their identity using a driver’s license or a national identification card stored in their digital wallet has now entered testing.

Credential 120

Credential API Authentication Privacy 120

VISTA InfoSec

MAY 12, 2024

Implementing 2FA adds an extra layer of security to a POS system by requiring users to prove their credentials through other means such as one-time passwords on other devices or through biometrics. This additional step helps prevent unauthorized access even if login credentials are compromised, keeping your data secure.

PCI DSS 277

PCI DSS Security Compromise Best Practices 277

VISTA InfoSec

JUNE 18, 2024

A crafty hacker could infiltrate accounts secured by flimsy credentials. Simplistic credentials are entry points for hackers. Embrace the basics—insist on a formidable device passcode that’s routinely refreshed. Steer clear of easily guessable codes like pet names or birth dates. Paper password hygiene is also crucial.

Data Security 266

Data Security Security Encryption Cybersecurity 266

VISTA InfoSec

FEBRUARY 25, 2024

They take advantage of vulnerable software, stolen credentials, tricked employees, business partner access, unencrypted transfers, and even insider threats to penetrate networks. And painful account recovery procedures await all users who must reset passwords across potentially dozens of breached websites.

Data Breach 272

Data Breach Breach Multifactor Authentication Cybersecurity 272

The Fintech Times

NOVEMBER 11, 2024

American Express and MX Technologies have formed an API-powered data access agreement, enabling secure connections between American Express accounts and third-party financial institutions or fintech apps. It also provides greater reliability by enabling real-time sharing of customer-directed account information.

Security 59

Security Credential API Privacy 59

Fintech Finance

MAY 1, 2025

Finally, Visa shared the expansion of its Flex Credential platform, and new products and services that provide more ways for people to pay and get paid. Soon consumers will enable AI agents via AI platforms to use a Visa credential (of which there are 4.8 Unveiled, Visa and Klarna are partnering to bring the Flex Credential to the U.S.

AI 59

AI Credential Stablecoins Payment APIs and Integration 59

VISTA InfoSec

APRIL 5, 2024

A file falling into the wrong hands or credentials being revealed to unauthorized personnel could spell lost productivity and revenue. Emphasis on accountability and trust Working remotely calls for a more profound sense of accountability and trust within the business because people don’t always see each other.

Best Practices 278

Best Practices Business Continuity Continuity Compromise 278

Bank Automation

NOVEMBER 21, 2023

Account takeovers using stolen credentials and related financial crime increased by 354% year over year in the second quarter, according to the September “Q3 2023 digital trust and safety index” report by […]

Account Takeovers 75

Account Takeovers Accounts Money Laundering Financial Crimes 75

The Payments Association

JANUARY 22, 2025

Building upon this framework, the EU Digital Identity Wallet Consortium (EWC) is leveraging the potential of the proposed EU digital identity to develop digital travel credentials. The EWC is actively engaged in pilot projects to expand the functionality of the reference wallet application for use cases related to digital travel credentials.

Security 88

Security Online and Mobile Banking Credential Verification 88

Fintech News

APRIL 25, 2025

Data from identity verification specialist Sumsub reveal that identity fraud incidents have more than doubled in the past three years, with account takeovers and deepfakes emerging as major concerns. Notably, account takeovers witnessed a remarkable increase, increasing by 250% year-over-year (YoY) on a worldwide basis.

Deepfake 94

Deepfake APACS Account Takeovers Verification 94

The Payments Association

FEBRUARY 3, 2025

Mozarto’s key features include: Code-free enablement: Mozarto allows merchants to copy and paste their existing payment-provider credentials directly into the platform, free from fiddly lines of code. To add, we expect to integrate 50 payment service providers over the next 12 months as we continue to scale our product.

Innovation 88

Innovation Cross-Border Payments Rules 88

Fintech Finance

JUNE 5, 2025

Through integrating their respective technologies, Trustly and Point & Pay verifies bank accounts in real-time, using customers’ online banking credentials via single sign-on to confirm routing information and availability of funds.

52

52

VISTA InfoSec

JUNE 3, 2024

Credential stuffing , a form of cyberattack where attackers use stolen credentials to gain unauthorized access to user accounts, highlights the need for strong password policies. Avoiding Reuse of Passwords Reusing passwords across multiple accounts is a common but dangerous practice.

MFA 130

MFA Credential PCI DSS Compliance 130

Clearly Payments

NOVEMBER 6, 2024

The acquirer manages the merchant’s account, receives transaction requests, and forwards them to the appropriate card network or issuing bank for approval. Acquirers also handle transaction settlement and ensure funds are deposited into the merchant’s account. Total Transaction Volume : The U.S.

Process 105

Process ISOs Credit Cards Online and Mobile Banking 105

Fintech News

APRIL 28, 2025

The product aims to address long-standing challenges in crypto use, including the complexities of managing private keys and the historical risk of losing digital assets due to forgotten credentials. OKX said that funds cannot be moved without a customers explicit permission.

Web 3.0 67

Web 3.0 Stablecoins Money Laundering Payments 67

The Fintech Times

MAY 1, 2025

Finally, Visa shared the expansion of its Flex Credential platform, and new products and services that provide more ways for people to make and receive payments. Soon consumers will enable AI agents via AI platforms to use a Visa credential (of which there are currently 4.8

Stablecoins 45

Stablecoins AI Credential Payment APIs and Integration 45

PYMNTS

JANUARY 7, 2021

After Simple Bank launched as an online bank specializing in high-interest savings accounts, the current economic climate ended up making it unfeasible. The letter says that in the future, those accounts will solely be operated under BBVA, but customers will be able to access their money normally until then. So BBVA pulled the plug.

FDIC 134

FDIC Credential Accounts Continuity 134

Fintech News

JULY 9, 2024

Customers with activated digital tokens on their mobile devices will need to use these tokens for logging into their bank accounts via browser or mobile app. Those who have not yet activated their digital tokens are encouraged to do so to reduce the risk of credential phishing.

Phishing 109

Phishing Scams Online and Mobile Banking Credential 109

The Fintech Times

NOVEMBER 13, 2024

Family features With Pocket, Family’s dedicated self-custody account service, users can set up a wallet using their email or phone and a passkey or password. If using Pocket as a backup method, only the encrypted wallet is stored on the Pocket server, meaning only the user has access to their credentials and their wallet at all times.

Encryption 109

Encryption Transactions Credential Audit 109

Fintech News

APRIL 6, 2025

The courses will provide participants with practical knowledge, real-world compliance strategies, and career-boosting credentials through free, expert-led modules. Deepfakes now account for 7% of all fraud cases. The launch of Sumsub Academy comes at a crucial time.

Fraud Prevention 67

Fraud Prevention Deepfake Travel Rule Continuing Education 67

The Fintech Times

NOVEMBER 6, 2024

These include: Visa Flexible Credential – This enables a single card product to toggle between payment methods. Visa Protect for Account-to-Account (A2A) Payments – Detect and reduce fraud across immediate account-to-account payments, including P2P digital wallets and QR code payments.

Product 101

Product Cross-Border FinTech Cross-Border Payments 101

The Fintech Times

MAY 17, 2024

Visa Flexible Credential A Visa study found that more than half of card users want the power to access multiple accounts through a single credential. The Visa Flexible Credential will allow a single card product to toggle between payment methods, putting the power of choice in the hands of the consumer.

Product 128

Product Consumer Online and Mobile Banking RTP 128

EBizCharge

FEBRUARY 26, 2025

Understanding credit card processing in NetSuite NetSuite credit card payment processing allows businesses to securely process customer payments by integrating with payment gateways and merchant accounts, enabling seamless transactions for online, in-store, and invoice-based sales.

Credit Cards 52

Credit Cards Process Payment APIs and Integration Payment Gateways 52

Fintech News

NOVEMBER 5, 2024

One of the central products, Visa Flexible Credential , allows a single card to switch between various payment options—such as debit, credit, installment payments, or rewards redemption. Consumers can also set parameters for their preferred payment methods within the single credential, adding further flexibility.

Product 109

Product Cross-Border Cross-Border Payments Credential 109

PYMNTS

JUNE 23, 2020

Reducing fraud is critical, as fraudsters look toward new avenues of stealing credentials and draining accounts. And securing those credentials will mean that, eventually, the payments ecosystem will revolve around eCommerce “IDs” that consumers can take with them no matter where or with whom they transact, across borders and devices.

Credential 110

Credential Issuers Breach Transactions 110

Fintech Finance

FEBRUARY 28, 2024

Today Mastercard announced the Open Banking for Account Opening program, providing a foundational set of open banking products as a core benefit to Mastercard consumer and small business debit issuers as well as consumer prepaid issuers in the U.S. year over year, from 20.7 million in 2020 to hit 47.8 million by 2026.

Visa 59

Visa Accounts Online and Mobile Banking Issuers 59