Fintech Finance

DECEMBER 9, 2024

billion user accounts. Antom EasySafePay streamlined digital wallet payments procedures, eliminating the need to redirect from merchant checkout page to the users wallet app, and offers full account takeover protection to wallet users, and lead to significant payment success rate increase.

Embedded Finance 98

Embedded Finance Cross-Border Cross-Border Settlement Finance 98

Stax

NOVEMBER 14, 2024

There are also risk holds—a routine procedure that most companies experience within the first few weeks of processing with a new merchant services account. In this context, they accept the funds from the sale once a card is authorized and deposit them into the business’ bank account. Issuing Bank: The cardholder’s bank.

Credit Cards 88

Credit Cards Process Online and Mobile Banking Payment APIs and Integration 88

Fi911

JUNE 9, 2025

Attackers compromise vendor email accounts, then send updated banking instructions just before scheduled payments. By the time anyone notices, funds have moved through multiple accounts and jurisdictions. Vendor impersonation schemes specifically target accounts payable departments.

Email Compromise 52

Email Compromise Business Email Compromise Compromise Law Enforcement 52

The Payments Association

FEBRUARY 10, 2025

The primary focus on monitoring master accounts leaves an oversight gap that can be exploited for illicit financial activities. Since vIBANs are often treated as extensions of master accounts rather than independent relationships, firms fail to apply appropriate risk assessment frameworks. Previous slide Next slide What are vIBANs?

IBAN 88

IBAN AML Master Account Due Diligence 88

The Payments Association

DECEMBER 9, 2024

This could involve regular audits of AI systems, rigorous testing procedures, and ongoing monitoring of their performance to identify and address discriminatory patterns. One of the primary regulatory challenges in the use of generative AI for payment security is ensuring AI transparency and accountability.

Privacy 88

Privacy Payment Security AI Security 88

Stax

JUNE 17, 2025

TL;DR An ISO (Independent Sales Organization) is a third-party company authorized to manage merchant accounts and provide payment processing services on behalf of acquiring banks. Simply speaking, an ISO—or Independent Sales Organization—is a third-party payment processing company that is authorized to handle merchant accounts for businesses.

ISOs 88

ISOs MSPS Credit Cards Acquirers 88

The Payments Association

JULY 15, 2025

Roles of survey respondents Survey respondent company area Non-bank financial institutions dominated the survey respondents, accounting for nearly one in five participants (20%). The remaining eight categories showed more modest representation, with financial crime and compliance services accounting for 11% of participants.

Financial Crimes 88

Financial Crimes Crime Fraud Prevention Deepfake 88

The Payments Association

JULY 8, 2025

Streamlined PSD2 authorisation: Where additional PSD2 authorisation is required, NCAs are advised to streamline procedures and leverage information already provided under MiCA. However, they will generally need to obtain authorisation under PSD2 to continue providing EMT transfer services beyond that date. Will PSD3/PSR fix the problem?

Stablecoins 88

Stablecoins Payment Service Provider (PSP) Duplicate Authentication 88

Neopay

APRIL 10, 2025

million was calculated taking into account the gravity, duration, and geographic scope of the infringements, as well as the gross income of Revolut Holdings Europe, its Lithuanian-based holding company. The fine of 3.5

Central Bank 52

Central Bank Money Laundering AML Financial Crimes 52

My Payment Savvy

APRIL 8, 2025

You dont really need two different apps for the same purpose, so you might want to delete your Cash App account. The process is pretty straightforward, and you can learn all about how to delete your Cash App account here. When to Delete Your Cash App Account Unsure whether deleting your Cash App account will be the best solution?

Accounts 40

Accounts CashApp Online and Mobile Banking Transactions 40

EBizCharge

MARCH 18, 2025

The Sage 100 system provides comprehensive tools for accounting, financial management, inventory control, manufacturing, and distribution. Additionally, Sage 100 integrations provide automated reconciliation, ensuring that transactions are accurately matched to invoices and recorded in accounts receivable (AR) without manual effort.

Credit Cards 52

Credit Cards Process Security Data Breach 52

Fi911

DECEMBER 3, 2024

The function of velocity checks extends to monitoring the frequency and speed of cardholder transactions, logins, and account modifications. How to Deploy Velocity Limits Successfully For successful implementation of velocity limits, it is recommended for merchants to follow an organised procedure. How Do Velocity Checks Work?

Checks 52

Checks Fraud Prevention Account Takeovers Fraud Detection 52

Cardfellow

JUNE 14, 2025

Settlement refers to the process of transferring cash from a cardholder’s account to your business. for instant transfer from a business account. If you’re already accepting credit cards, you’ll need to check with your processor to determine if instant settlement is available for your account. What is settlement?

Settlement 52

Settlement Processors Credit Cards Process 52

The Payments Association

JANUARY 3, 2025

Participants noted that while unauthorised fraud, which accounted for annual losses of 709 million, such as remote purchase, remote banking and lost and stolen cards, has remained relatively steady, authorised fraudparticularly investment, purchase, impersonation and romance scamshas surged in recent years to 460 million.

Fraud Detection 88

Fraud Detection Fraud Prevention Participant Financial Crimes 88

EBizCharge

APRIL 7, 2025

Microsoft Dynamics GP (formerly Great Plains) is an enterprise resource planning (ERP) solution that offers a wide range of tools to help companies manage their core business and financial management operations, such as accounting, inventory, sales, purchasing, and more.

Assessments 52

Assessments Risk Processors Security 52

The Payments Association

JUNE 16, 2025

Process complexity concludes the primary factors, with 30% identifying complicated payment procedures as a trigger for abandonment. The consolidation of these factors suggests that interconnected solutions are needed.

Innovation 88

Innovation Cross-Border Fraud Prevention Payments 88

Trade Credit & Liquidity Management

JUNE 2, 2025

Proactive Account Updates: Keep sales informed about accounts with payment issues or upcoming credit holds. Look for ways to adapt procedures to support sales without compromising risk standards. Advance notice allows sales to address problems early and maintain customer trust. Is this post helpful? Share 3.

Liquidity Management 52

Liquidity Management Risk Mitigation Risk Assessments 52

Fintech Finance

APRIL 27, 2025

Operational Ease: Integrating Tapcheck into Viventium and fully automating common procedures ensures employers can offer EWA with zero impact to current payroll processes. Viventium clients who wish to enable Tapcheck can get in touch with their Viventium account manager.

On-Demand 88

On-Demand Payroll Procedures SWIFT 88

Neopay

JUNE 26, 2025

It sets out provisions to regard the custody and administration of EMTs as a payment service and to regard a custodial wallet as a payment account where the wallet is held in the name of one or more clients and allows to send and receive EMTs to and from third parties.

Regulations 52

Regulations IBAN Payments Authorization 52

Finextra

JUNE 25, 2025

Average consumers save 50-100 euros annually on European transactions through eliminated cross-border fees, gaining payment mobility throughout the SEPA zone with unified bank accounts. But lets understand what this actually means and what challenges await us.

FinTech 52

FinTech Payment APIs and Integration Cross-Border Cross-Border Payments 52

Fintech Finance

MAY 1, 2025

The AI Agent responds in real-time to operational queries in plain language, such as: What was my average daily cash balance in this account last month? We’re excited to find patterns in our accounts, set up smarter rules, automate tasks, and easily share insights across the team. Summarize fees by payment processor for Q1.

Treasury 59

Treasury AI Duplicate Payments 59

The Payments Association

DECEMBER 2, 2024

For instance, the new legal and regulatory framework means businesses dealing in crypto must review their policies and procedures and prepare for increased disclosure, transparency, and compliance with tighter regulations. Additionally, the MiCA regulation could create new challenges.

Regulations 88

Regulations Instant Payments Consumer Protection Payments 88

The Payments Association

JULY 18, 2025

In the UK, the implementation of landmark fraud prevention laws and the expansion of the cryptoasset regulatory perimeter mark a decisive shift towards greater accountability. Culture and accountability must evolve, too, so that resilience is clearly embedded in key business functions.

Regulations 88

Regulations Payments Payment APIs and Integration Legal 88

Clearly Payments

NOVEMBER 18, 2024

Operational challenges: A high chargeback ratio could lead to higher processing fees or the loss of your merchant account. Operational Best Practices Standardized Procedures : Develop a chargeback handbook outlining workflows, templates, and escalation protocols. GDPR/CCPA : Protect customer data and comply with regional privacy laws.

PCI DSS 59

PCI DSS Address Verification System (AVS) Disputes Card Network Rules 59

The Payments Association

JUNE 16, 2025

Any future digital pound will likely co-exist with stablecoins, e-money, tokenised deposits and an upgraded account-to-account payment infrastructure. Reconnection Protocols – When and How to Synchronise Compliance frameworks must define timeframes and procedures for reconciling offline transactions once a device reconnects.

Settlement 88

Settlement CBDC Payment APIs and Integration Privacy 88

Finextra

JULY 21, 2025

Evolving Customer Expectations Digital-first customers expect instant account opening, real-time payment processing, and personalized financial insights. Documentation and change management become critical during modernization to satisfy regulatory requirements for system understanding and control procedures.

Payment APIs and Integration 52

Payment APIs and Integration Regulatory Compliance Audit Compliance 52

Fintech Finance

MARCH 3, 2025

Powered by GPT-4o and other large language models, Antom Copilot simplifies the traditionally complex payment integration process, delivering: 95% faster integration by leveraging chain of thought (CoT) reasoning, standard operating procedure (SOP) automation, language (LUI) and graphical (GUI) user interfaces, and AI-driven code generation.

Fraud Prevention 52

Fraud Prevention Fraud Detection AI Disputes 52

Innovative Payments Association

JANUARY 14, 2025

While deregulatory measures such as revisiting the Open Banking Rule may gain momentum, their implementation faces procedural and legal challenges. Yet inconsistent regulatory approaches have stifled the full potential of financial technology (fintech) products such as earned wage access, mobile wallets, and fintech debit accounts.

Consumer Financial Protection Bureau (CFPB) 52

Consumer Financial Protection Bureau (CFPB) CFPB FDIC Consumer Protection 52

Finextra

JULY 24, 2025

183 Report Share Channels /security /identity Biometrics Biometrics are the new weapons of war against online fraud and supporting financial services with biometric authentication and their KYC (Know Your Customer) procedures. It expresses the views and opinions of the author.

Payment APIs and Integration 52

Payment APIs and Integration Online and Mobile Banking Authentication Account Takeovers 52

My Payment Savvy

JULY 10, 2025

Set up real-time alerts so you know about disputes immediately, not three days later when you check your merchant account. Know exactly when each response is due, and aim to submit everything at least 24 hours early to account for processing delays. Build standard operating procedures.

Disputes 40

Disputes Addressing Transactions Process 40

FloQast

FEBRUARY 19, 2025

For me, thats what brings the most job satisfaction, and this is a realization Im optimistic more organizations will begin to make, especially knowing talent retention is only going to become more critical as fewer individuals enter the accounting and finance industry.

Advisors 52

Advisors Compliance Audit Risk 52

Fintech News

FEBRUARY 5, 2025

Additionally, it enhances fraud prevention by identifying data inconsistencies, helping to reduce identity theft and fraudulent account creation. Our goal is to help businesses achieve compliance with AML and Know-Your-Customer (KYC) standards while optimising customer due diligence procedures.

Verification 76

Verification Checks Security Due Diligence 76

M2P Fintech

APRIL 11, 2025

Standardized Gold Valuation: Lenders must establish uniform procedures for assessing the weight and purity of gold collateral, ensuring transparency and consistency across all branches. This includes monitoring the end-use of funds, especially for income-generating loans.

Due Diligence 52

Due Diligence Caps Audit Non-Bank 52

Neopay

DECEMBER 16, 2024

Robust processes: Established procedures for report production, involving relevant business areas and governance bodies. Action plans: Inadequate detail on timelines, accountability, and data used to monitor improvement efforts. Structured RCA processes: Creating action plans with clear accountability and deadlines.

Consumer 52

Consumer Compliance Audit Governance 52

Fintech News

JUNE 19, 2025

This notification outlined the rules, procedures, and conditions for the application and issuance of virtual bank licenses. From 20 March to 19 September 2024, the BOT accepted applications from interested parties. A total of five applications were submitted during this period.

Bots 111

Bots AI Assessments Underserved 111

EBizCharge

MAY 22, 2025

Invoicing is the process of sending specific documentation to customers that typically includes a detailed account of goods or services rendered, payment terms, and an exact payment amount owed. Automated tools can help address this issue by sending prompt statements to streamline invoicing procedures and enhance transaction management.

Process 52

Process Best Practices Reconciliation Automation 52

Stax

FEBRUARY 19, 2025

Bonus Tip: Look for integrated payment solutions that are easily able to integrate with your related systems like your accounting software, point of sale system (POS system), CRM system, and other software. Request documentation on their security policies, fraud prevention measures, and incident response procedures to minimize risks.

Payments 88

Payments PCI DSS Compliance Risk 88