PYMNTS

APRIL 9, 2020

While the company’s API allows for white-label ACH processing, Sila has the payment rail in its crosshairs, with Sila CEO and Co-Founder Shamir Karkal describing ACH one of several “outdated payment systems” upon which the global financial system operates. The company recently announced $7.7

Payment APIs and Integration 83

Payment APIs and Integration Central Bank SWIFT FinTech 83

PYMNTS

APRIL 24, 2020

He told PYMNTS in a recent interview that as consumers prioritize cost savings over shoring up rewards and airline miles, citizens are preferring to use ACH to pay their government bills and fees online rather than pay the processing fees often associated with cards. “There is a great emphasis on data security,” he said.

ACH 64

ACH Governance Government G2B 64

PYMNTS

SEPTEMBER 9, 2016

One of the potential difficulties that Same Day ACH implementation poses for FIs relates to how they control their sensitive data, Rojas said. Mid-tier and larger banks typically have their ACH processing deployed in their data center, which allows them to maintain control of data that can be routed. 2013 and Feb.

Same Day ACH 40

Same Day ACH ACH ODFI Faster Payments 40

BNG Payments

FEBRUARY 4, 2022

When card data is encrypted, even if its compromised in a breach, it's basically worthless because it cannot be decrypted. Tokenization : the process of protecting sensitive data by replacing it with an algorithmically generated number called a token.

Credit Cards 52

Credit Cards Process Processors Online and Mobile Banking 52