PYMNTS

JUNE 19, 2017

The last real change to payments as a system came in the 1970s, when ACH made its debut in the United States and payments as an industry still operates through what she termed “a batch process.”. One issue is that the payment rails currently in use were not designed to support a real-time environment.

Real Time Payments 64

Real Time Payments Faster Payments ACH Same Day ACH 64

Payment Savvy

AUGUST 4, 2020

Starting March 19, 2021, the National Automated Clearing House Association (NACHA) will require businesses to perform online verification of bank accounts before they accept or process ACH payments. ACH payments play a significant part in online payment acceptance options. Why the changes? This accounts for close to 82% of all U.S

Account Validation 52

Account Validation NACHA Accounts ACH 52

PYMNTS

MARCH 26, 2020

There also is Mastercard Send for push payments as an alternative to ACH. Edwards said platforms such as Ingo Money can speed (and secure) authentication by triangulating data on the check, data supplied by the recipient, and information gleaned from third-party databases, and then push payments to the end user.

Checks 100

Checks Push-to-Card Direct Deposit IRS 100

The Finance Weekly

APRIL 13, 2024

Send unlimited invoices to up to 5 clients Track unlimited expenses Send unlimited estimates Get paid with credit cards and bank transfers (ACH) Run reports for an easy tax time Plus: $102.3/month Key Features Regularly updated tax tables and regulation database. month with a 30-day Free Trial plus 70% off for the first 4 months.

Finance 130

Finance Multi-Currency Online and Mobile Banking Credit Cards 130

Fintech Review

MAY 4, 2025

Persona Provides fully customisable identity verification flows with options for ID checks, biometrics, and database lookups. Onfido Offers AI-powered document verification, facial biometrics, and database screening through easy-to-integrate APIs. Best for : Companies needing user-friendly, brandable KYC experiences.

Payment APIs and Integration 76

Payment APIs and Integration FinTech Multi-Currency Embedded Finance 76

PYMNTS

OCTOBER 26, 2018

While payment rails like ACH, Faster Payments and beyond offer enhanced transmission of data, Nick Armstrong, CEO of identitii , says they still fall short of what corporates and their FIs need. “There is a different between sharing more information, and being able to securely share actual documents,” Armstrong told PYMNTS.

Remittance Data 60

Remittance Data ACH Request for Information RTP 60

Trade Credit & Liquidity Management

MARCH 27, 2025

Bectran previously announced a partnership with GIACT, to enhance ACH fraud prevention. The system utilizes extensive live identity databases to cross-reference personal and commercial data, including business registration status, addresses, commercial risk scores, and more.

Identity Theft 40

Identity Theft Fraud Prevention Fraud Detection Verification 40

PYMNTS

NOVEMBER 3, 2016

Bank’s remedy for this is its new APConnector , a tool that works with the database behind existing ERP and accounting systems to accelerate and ease the process of linking virtual payment technologies to platforms already in use by businesses. ” U.S.

Payments Data 73

Payments Data Payments Commercial Card Reconciliation 73

BNG Payments

FEBRUARY 4, 2022

With the use of cash dwindling as a payment preference, debit and credit cards and ACH take over as the predominant payment methods. ACH debit payments allow donors to give directly from their bank account. This is done by using an e-check, which is a payment that goes through the automated clearing house (ACH).

Credit Cards 52

Credit Cards Process Processors Online and Mobile Banking 52

PYMNTS

JULY 18, 2019

For InstaReM , that means tapping into things like India’s central identity services and other identification databases that by their nature supply a “strong automatic level of trust,” according to Pathak. The firm also connects – via API – to various independently certified online databases “that have some kind of built-in credibility.”

Cross-Border 64

Cross-Border Transactions Technology Payment APIs and Integration 64

PYMNTS

NOVEMBER 7, 2016

As Galarza offered: “It’s no longer about whatever databases you have within your company handling records that are going in and out, but its really more about the relationships that those applications allow … There are business processes that are automated” that had once been done manually.

P2P 78

P2P Zelle B2C Venmo 78

PYMNTS

MARCH 24, 2017

Savvy fraudsters then found a way to siphon funds from international ACHs as an alternative to the wire networks, Gurz said. This leads, for example, to the processing of payments across one hub and catching activity in one database and applying uniform business rules.

Compliance 62

Compliance Financial Crimes Crime Identity Theft 62

Nanonets

SEPTEMBER 28, 2023

There are a few different types of B2B payment solutions like Wire, ACH, Cheques, Credit Cards,  or Digital Payment methods. There are a number of different B2B payment solutions available, including wire transfers, ACH payments, cheques, credit cards, and digital payment methods.

B2B 52

B2B Wire Transfer ACH Wires 52

Nanonets

SEPTEMBER 28, 2023

There are a few different types of B2B payment solutions like Wire, ACH, Cheques, Credit Cards,  or Digital Payment methods. There are a number of different B2B payment solutions available, including wire transfers, ACH payments, cheques, credit cards, and digital payment methods.

B2B 52

B2B Wire Transfer ACH Wires 52

PYMNTS

DECEMBER 4, 2019

One can think of Elasticsearch as a database and Kibana as the tool where one can create beautiful visualizations on the data. It could help them see if checks are trending down or are Automated Clearing House (ACH) transactions trending up. Kibana, on the other hand, is the data visualization tool that’s built on top of Elasticsearch.

Payments Data 52

Payments Data FinTech Payments Database 52

PYMNTS

JANUARY 11, 2017

Second, most ACHs will be ready to launch their instant payment clearing systems. Last year, the ECB announced a plan to create a pan-EU database to track cybercrime at commercial banks and develop an “early warning and analysis system” for those lenders.

Cross-Border 43

Cross-Border Cross-Border Payments Transactions Central Bank 43

Payment Savvy

AUGUST 6, 2024

They serve as a primary key in databases, linking various pieces of information such as transaction history, account balances, and personal details. This section will explore the distinctions and specific uses of routing numbers, account numbers, ABA numbers, ACH numbers , and credit card numbers.

Accounts 52

Accounts Debit Card Wire Transfer Credit Cards 52

PYMNTS

DECEMBER 10, 2019

Utilizing a database of B2B vendors, AvidPay is an accounts payable tool to help users migrate away from paper with automated invoice processing. The tool also supports digital payments through AvidXchange’s ACH solution, AvidPay Direct, as well as other payment methods.

Payee 52

Payee B2B Payer Accounts 52

PYMNTS

JANUARY 12, 2017

While providing a smoother and faster payment experience to customers through initiatives like Same Day ACH generates interest among merchants, their adoption is often difficult. To begin with, McShirley said, banks need to shed their long-held attitudes about taking risks on new products and ideas. Getting to know the merchants.

Faster Payments 41

Faster Payments Same Day ACH Payment Solutions ACH 41

PYMNTS

JANUARY 9, 2019

Fraudsters can infiltrate company databases and email accounts to identify which executives would typically initiate a transaction, then pose as that professional to receive company funds without suspicion. In the case of Same Day ACH in the U.S., The tactic is relatively simple.

Faster Payments 56

Faster Payments Business Email Compromise Treasury Real Time Payments 56

Stax

MAY 21, 2024

With Stax Connect, you can enable sofware users to accept everything from credit and debit card payments to ACH and eChecks. Implement a multi-channel marketing strategy, using online databases, social media, events, and other resources to sell your software. Implement HEARD: Hear, empathize, apologize, resolve, and diagnose.

Laws 88

Laws Legal Process Product 88

PYMNTS

FEBRUARY 20, 2018

Same Day ACH became a reality in 2017 after the National Automated Clearing House Association (NACHA) introduced its faster payments infrastructure to the market. In the U.S., In addition, innovators the world over are exploring how technologies like blockchain could address payments speeds and efficiency on an international level.

Cross-Border Payments 43

Cross-Border Payments Cross-Border International Payments Electronic Funds Transfer (EFT) 43

PYMNTS

DECEMBER 9, 2019

Among the opportunities is the concept of decentralized credentials, which involves the use of distributed ledger technology (DLT) to establish digital identities for credit union members, without relying on a central authority to manage that database. “The biggest weakness a payment has is anonymity,” Esser said.

Credit Union 54

Credit Union Cross-Border Distributed Ledger Technology (DLT) Electronic Funds Transfer (EFT) 54

PYMNTS

NOVEMBER 1, 2017

Banga also praised Mastercard’s same-day ACH system that is now up and running in the U.K. Those tokenized card credentials are essentially unusable if stolen, lessening the chances that card credentials can be fraudulently used should a retailer’s database be hacked, Banga said. “Safety and security is a key priority.”

Visa 49

Visa Push-to-Card Same Day ACH Volume 49

Nanonets

AUGUST 16, 2024

Advanced AI systems can cross-check claim details against policy data, third-party databases, and historical claim records to detect anomalies and assess the validity of claims. Integrations: Automation pulls data from multiple sources, databases, third-party tools, etc., thus allowing for seamless verification.

Automation 52

Automation Process Fraud Detection Payment APIs and Integration 52

PYMNTS

NOVEMBER 1, 2017

Banga also praised Mastercard’s same-day ACH system that is now up and running in the U.K. Those tokenized card credentials are essentially unusable if stolen, lessening the chances that card credentials can be fraudulently used should a retailer’s database be hacked, Banga said. “Safety and security is a key priority.”

Push-to-Card 45

Push-to-Card Visa Same Day ACH Volume 45

Nanonets

MARCH 20, 2023

AI-enabled accounts payable software like Nanonets can extract accounts payable data from various sources and convert them into structured digital information that can be further processed or fed into ERPs or databases. and databases (MySQL, PostGres, MSSQL, etc.) There is no standard structure or function to accounts payable software.

Accounts 52

Accounts Payment APIs and Integration Multi-Currency Automation 52

PYMNTS

JUNE 4, 2018

Instead, we built a database that did more than just move data from the carriers to the printers. And for Prelude Software, it was an important starting (but not ending) point for their wider world of moving the very paper-based world of insurance payments into the digital era.

Checks 40

Checks Payee Treasury Instant Payments 40

PYMNTS

DECEMBER 14, 2017

By way of example, Cottrell posited a donation management software platform, which brings tools together for different organization verticals (faith-based or fraternal, for example) and whose services have grown beyond the purview of managing member databases to communications.

Facilitators 44

Facilitators Legal Underwriting Gateways 44

PYMNTS

AUGUST 7, 2018

“The intent of the organization is to help payers better identify [the] payee information they need in order to make electronic payments,” he said in an interview, adding that the directory aims to be “payment agnostic” and support payments made via a variety of rails, including FedWire, ACH, SWIFT, lockbox and, yes, paper check.

B2B 40

B2B Federal Reserve Payee Payer 40

Stax

MAY 30, 2024

The software allows managers to view and modify work schedules, orders, inventory, invoices, customer account records, and other records in the database. Field service management software is a system that helps a company monitor and coordinate their employees’ activities off the company’s premises.

Payment APIs and Integration 88

Payment APIs and Integration CRM Product Process 88

Nanonets

JANUARY 17, 2024

Once the expense is completely approved, the data is exported to the system of choice like Xero, NetSuite, Google Sheets, or other databases. With multiple ACH payment and wire transfer options, send the amount to employees or adjust it in their pay slips. Check out integrations. " 3.

Automation 52

Automation Reconciliation Accounts Audit 52

FICO

JANUARY 19, 2022

As my colleague Matt Cox recently blogged , an enterprise fraud approach delivers a composite view of a customer’s inflow and outflow activity by breaking down traditional silos of credit, debit, deposits and payments (person-to-person, mobile, wire transfers, ACH and more), adding application fraud detection to that view.

Financial Crimes 52

Financial Crimes Crime Money Laundering NFTs 52

Nanonets

MAY 30, 2023

There are also country-specific ePayment methods such as the Automated Clearing House (ACH) in the US.  ACH  ACH is the bank-to-bank transfers that are aggregated and processed in batches through the Automated Clearing House network, run by NACHA. Virtual cards are just gaining a foothold in many countries.

Payment APIs and Integration 52

Payment APIs and Integration Credit Cards Online and Mobile Banking Payment Reconciliation 52

CB Insights

AUGUST 7, 2018

Otherwise, the onus of scouring through ClinicalTrials.Gov — a comprehensive federal database of past and ongoing clinical trials — falls on the patient. Patients are expected to note when they took the study drug, what other medications were taken on those days, and any adverse reactions (including headache, stomach ache, muscle aches).

AI 77

AI Enrollments Research Payment APIs and Integration 77

Fintech Labs Insights

OCTOBER 16, 2016

Ready, set, ACH. As of September 30, a new rule from NACHA requires all banks to process incoming same-day ACH credits. Most ACH payments are currently settled on the next business day: the new rule-change offers originators the option to send an ACH transaction to any recipient account for same-day processing.

EMV 17

EMV P2P Same Day ACH FinTech 17

Nanonets

OCTOBER 1, 2024

check, ACH, wire transfer) selected. Automatically enhance invoice data by pulling relevant information from connected databases, filling in gaps, and ensuring completeness. These tools allow you to look up vendor information from databases or from your Netsuite, Xero, QuickBooks, or other accounting systems.

Best Practices 40

Best Practices Automation Multi-Currency Process 40