PYMNTS

JUNE 12, 2019

In a PYMNTS interview, according to Sean Devaney, VP of banking and financial markets at consulting and IT firm CGI , the real pickup of Open Banking is only just beginning with the emergence of so-called overlay services. But my argument is that, if you get the overlay services right, nobody needs to know about Open Banking.

Overlay Service 54

Overlay Service Payment APIs and Integration Payer B2B 54

PYMNTS

NOVEMBER 19, 2020

That includes advancements in Canada's upcoming Real-Time Rail, as well as adoption by Transcard of Mastercard's Track Business Payment Service to facilitate real-time, account-to-account transfers for businesses. In an announcement , FinTech-as-a-Service company Rapyd rolled out its Rapyd Protect solution.

B2B 104

B2B Blockchain Real Time Gross Settlement (RTGS) Real Time Payments 104

PYMNTS

NOVEMBER 25, 2020

We have not seen the use cases or the digital overlay services rolled out,” he noted. Instead of the payroll going out Wednesday and you get it every second Friday, as soon as that payroll hits on Wednesday, the payment would be cleared and settled into your account,” he said. consumers).

Real Time Payments 114

Real Time Payments RTP FedNow TCH 114

The Fintech Times

JUNE 1, 2024

The standards body confirmed the pilot in June 2023, after contacting industry partners to test the benefits of the service with a group of participating banks and payment service providers. To reduce the scale of the crime that is happening we need a unified approach, and this future service will be a major step forward.”

SWIFT 124

SWIFT AI Fraud Detection Fraud Prevention 124

PYMNTS

SEPTEMBER 8, 2020

reports , an accounting assistant, who had access to the company's online bank account, allegedly manipulated documents to make her crime appear as if payments were being made to legitimate suppliers when in truth the assistant was moving company funds to her personal account. According to Stuff.co.nz

Business Email Compromise 69

Business Email Compromise Ransomware Payee Overlay Service 69

Fintech Finance

MAY 30, 2024

The initiative trialled a new overlay service which will allow all UK banks and building societies to analyse money flows and use predictive intelligence to proactively detect fraud and help prevent crime before it occurs, safely and securely. This would see over £112m worth of fraud detected in a year.

Fraud Detection 52

Fraud Detection Overlay Service Crime Scams 52

PYMNTS

FEBRUARY 6, 2020

Corporate API connectivity can complement existing connectivity solutions to offer the immediacy and fluidity that treasurers need by enabling urgent transactions, allowing access to payments tracking, account balance and transaction details in real time, she added.

Faster Payments 64

Faster Payments API Payment APIs and Integration B2B 64