The Payments Association

MAY 28, 2025

Introduced in May 2025, this pioneering platform marks a significant advancement in helping financial institutions and fintech firms navigate the complex regulatory environment surrounding international wire transfers.

Compliance 88

Compliance Wire Transfer Wire Wires 88

The Fintech Times

JULY 17, 2025

Selected from more than 135 entrants, Inovat was recognised for its solution addressing a key travel friction point while enhancing digital engagement for banks and airlines. CertifID, a US wire fraud protection platform for real estate transactions, has raised $47.5million in Series C funding led by Centana Growth Partners.

FinTech 59

FinTech Payment APIs and Integration Non-Bank RDC 59

Finextra

JUNE 26, 2025

Stablecoin transaction fees are typically much lower compared to those incurred with traditional payment methods like credit cards or wire transfers. Operating on blockchain networks, stablecoin payments are available 24/7, bypassing the limitations of traditional banking hours and weekend closures.

Stablecoins 52

Stablecoins Payment APIs and Integration Fraud Prevention Account Takeovers 52

Finextra

JUNE 26, 2025

Stablecoin transaction fees are typically much lower compared to those incurred with traditional payment methods like credit cards or wire transfers. Operating on blockchain networks, stablecoin payments are available 24/7, bypassing the limitations of traditional banking hours and weekend closures.

Stablecoins 52

Stablecoins Payment APIs and Integration Account Takeovers Cross-Border 52

Payments Dive

JULY 21, 2025

Are they a good proxy and a good alternative to ACH and Swift payments and wires and things like that? Sign up A valid email address is required. Sign up A valid email address is required. Sign up A valid email address is required. Sign up A valid email address is required. No,” Squeri said of stablecoins.

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Stablecoins FedNow SWIFT ACH 179

Nanonets

OCTOBER 27, 2024

Social and Community Responses: In the absence of formal laws, communities may take it upon themselves to address the crime. While exploring hypothetical situations, it should focus on promoting safety, ethical behavior, and constructive outcomes without addressing harmful actions.  Give me a yes or no No.

Laws 52

Laws Crime Returns Legal 52

Stax

SEPTEMBER 17, 2024

And on that note, two of the most common modes of electronic funds transfer are ACH and wire transfers. In this post, we’re going to review ACH and wire transfers, look at their similarities, and then see how they compare against each other. What is a Wire Transfer? and territories) No geographical limitations except for U.S.

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Wire Transfer Wires Wire ACH 88

Stax

JUNE 27, 2024

If you’ve been accepting and using electronic payments in your business, you’ve probably come across two of the most popular terms in the digital payments scene— automated clearing house (ACH) and wire transfer. International wire transfers can take up to 7-10 days Costs and fees Around 1% of the payment amount.

Wire Transfer 88

Wire Transfer Wires Wire ACH 88

VISTA InfoSec

FEBRUARY 25, 2024

These commonly breached records include: Personal Information Names, addresses, phone numbers, Social Security numbers, driver’s license details, passport numbers, patient healthcare records, insurance policy information, financial statements, etc. But some data types see higher breach rates than others.

Data Breach 272

Data Breach Breach Multifactor Authentication Cybersecurity 272

PYMNTS

FEBRUARY 17, 2020

In this first-of-its-kind fraud prosecution of a small technology company, Golestan is facing 20 counts of wire fraud in a suit brought in the U.S. The case revolves around IP addresses. People are largely assigned an IP address automatically when it comes to getting online with a cellphone or internet service provider.

Addressing 71

Addressing Wire Wires Government 71

FloQast

JUNE 10, 2024

The Burden of Accuracy in a High-Wire Act In the high-stakes world of finance, even a single misstep can have catastrophic consequences. The post Breaking Point: Why Businesses Need to Address the Accounting Crisis ASAP. Accountants carry the weight of ensuring flawless accuracy in their calculations and reporting. Is AI the Answer?

Addressing 104

Addressing AI Accounts On-Demand 104

PYMNTS

DECEMBER 18, 2020

The proposed limits for reporting digital transactions are $10,000 for non-wire transactions and $3,000 for wire transactions – the same as with cash. The rules effectively require financial institutions to report such digital transactions in much the same way they have been required to report cash transactions since 1970.

Treasury 141

Treasury Rules Bitcoin Ransomware 141

PYMNTS

OCTOBER 15, 2020

The FBI is warning homebuyers to be on the lookout for internet criminals who are sneaking into online conversations between buyers and mortgage companies or other participants in the sale process and providing false instructions that dupe purchasers into wiring funds to the criminals’ accounts, CNBC reported Thursday (Oct.

FBI 64

FBI Wire Wires Financial Crimes 64

Nanonets

SEPTEMBER 8, 2023

Ach and Wire are two of the most popular ways of money transfer in the United States. First, let's delve into the mechanics of ACH and Wire transfers, followed by an exploration of their distinctions, guidance tailored for small businesses, and concluding with instructions on establishing ACH and Wire processes.

Wire Transfer 52

Wire Transfer Wires Wire ACH 52

Nanonets

SEPTEMBER 28, 2023

​Making a wire transfer with Paypal is a very simple process. What is a Wire Transfer? A wire transfer can be made from one bank account to another bank account, or through a transfer of funds from one brokerage firm to another. What is Required to Send a Wire Transfer with Paypal?

Wire Transfer 52

Wire Transfer Wire Wires PayPal 52

Nanonets

SEPTEMBER 28, 2023

​Making a wire transfer with Paypal is a very simple process. What is a Wire Transfer? A wire transfer can be made from one bank account to another bank account, or through a transfer of funds from one brokerage firm to another. What is Required to Send a Wire Transfer with Paypal?

Wire Transfer 52

Wire Transfer Wire Wires PayPal 52

PYMNTS

AUGUST 10, 2020

For corporate buyers, the BPN allows businesses to know their vendors’ preferred digital payment methods and initiate a payment without having to manually enter in troves of data like email addresses or remittance information. adding support for ACH and wire transactions. On Monday (Aug. ” Mixing Payment Rails.

Wire 49

Wire Wires ACH Payment Networks 49

PYMNTS

AUGUST 14, 2020

We have deep dives into address verification, D2C shopping and Google ’s transition to the SAP Ariba network. The companies are casting a broader net of collaborators, with the announcement that their Business Payments Network (BPN) is growing to include support for ACH and wire transactions in addition to card payments.

Addressing 64

Addressing Verification FedNow Fed 64

PYMNTS

APRIL 15, 2019

Most companies “have put processes in place to validate big wire transfers, so now [criminals] want to stay under the radar. According to court documents, the pair, along with an unnamed co-conspirator, in 2007 began using malware to steal email addresses from 400,000 computers, mainly located in the U.S. Attorney Justin E.

Money Laundering 51

Money Laundering Wire Wires Identity Theft 51

Fintech Finance

SEPTEMBER 13, 2024

The new guideline, developed by the FPC’s Operational Considerations Work Group, sponsored by Endava , dives deep into the practical considerations FIs must address to successfully implement instant payments, from liquidity management to fraud mitigation, business continuity, and staffing requirements. The post U.S.

Instant Payments 131

Instant Payments Faster Payments FPC Real Time Payments 131

PYMNTS

NOVEMBER 16, 2020

The new system is an upgrade over the current system known as SITRAF, which is akin to wire transfer systems used in the U.S. Keys can be the user's social security number, mobile phone number, or email address, providing a level of security and identification above the SITRAF rails. It will be fully operational starting Monday (Nov.

Real Time Payments 131

Real Time Payments Wire Transfer Push-to-Card Credit Cards 131

Fintech News

NOVEMBER 20, 2024

The company provides a full-featured global payment platform designed to reduce global trade expenses and address gaps in the financial services available to SMEs. XTransfer was founded to address these gaps. Its key offerings include multi-currency accounts, secure and compliant payments, and global transfers.

Cross-Border Payments 131

Cross-Border Payments Cross-Border B2B Due Diligence 131

The Payments Association

JANUARY 31, 2025

16) has been pivotal in addressing the traceability of financial transactions, requiring the inclusion of originator and beneficiary information in wire transfers to prevent misuse for illicit purposes. The organisation has engaged with industry stakeholders and updated its guidance to address emerging risks.

Travel Rule 88

Travel Rule Wire Transfer Rules Wire 88

PYMNTS

JANUARY 13, 2020

That means the vast majority of businesses are at risk for an array of cybersecurity incidents, including the Business Email Compromise (BEC), which often sees fraudsters spoofing legitimate email addresses from vendors, and sending seemingly real requests for payment.

B2B 89

B2B Wire Transfer FBI Cybersecurity 89

PYMNTS

FEBRUARY 1, 2021

Cybercriminals are using the tactic to steal company credentials, including executive email addresses, which are then sold on the dark web. An individual has pleaded guilty to wire fraud, bank fraud and money laundering charges. The scam involves sending a phishing email claiming to be a Microsoft Office 365 update.

Data Breach 136

Data Breach Breach Business Email Compromise Scams 136

PYMNTS

NOVEMBER 17, 2020

Does it do so by old-school wire transfer? ACH transactions have their drawbacks, but while it's possible to develop entirely new infrastructure to address those friction points, forcing businesses off of an electronic payment they already use toward a different payment method may not be the best strategy to modernize B2B payments.

B2B 128

B2B Visa Cross-Border ACH 128

PYMNTS

SEPTEMBER 19, 2016

As Wired reported on Monday (Sept. I want to use the best technology we have at our disposal to begin to take on trolling and other nefarious tactics that give hostile voices disproportionate weight,” Jigsaw Founder and President Jared Cohen told Wired. “To To do everything we can to level the playing field.”.

AI 72

AI Wires Wire Phishing 72

PYMNTS

AUGUST 11, 2020

With the announcement that BPN is expanding to include support for ACH and wire transactions as well as card payments, Visa and Billtrust are casting a wider net of collaborators. Now, as Visa and Billtrust move to scale the solution , they’re doubling down on the concept of network connectivity.

B2B 110

B2B Payments Wire Wires 110

PYMNTS

JULY 5, 2020

The service is also payment-agnostic, able to verify accounts for payments including wire transfers, automated clearing houses (ACH) and real-time payments. With the new updated solution, BNY Mellon will let clients validate statuses and owners of accounts in real time across the U.S.

Faster Payments 96

Faster Payments Payment APIs and Integration Wire Transfer Real Time Payments 96

PYMNTS

DECEMBER 23, 2020

Wire transfers are a common method through which these workers receive cross-border payments and these payments can present numerous problems, even if they go smoothly. Finding payment solutions that can address freelancers’ unique cross-border payments challenges is the next step for the businesses that employ them.

Cross-Border Payments 108

Cross-Border Payments Cross-Border Wire Transfer Wire 108

PYMNTS

JUNE 24, 2020

Shah has been charged with three counts of wire fraud, one count of making false statements to a bank and four counts of money laundering. According to the release, Shah has been submitting fraudulent loan applications for $3 million in PPP loans to two different approved lenders, using the name WBF Weddings by Farah Inc.

Scams 79

Scams Money Laundering Wire Wires 79

Fintech Finance

AUGUST 15, 2024

It enables a faster way to move funds via new payment rails than traditional ACH, wire, or check. As the adoption and coverage of RFP grows, customers can leverage it for faster, irrevocable, 24×7 pay-ins while also using it to address ACH’s insufficient funds risk.

Instant Payments 105

Instant Payments Treasury RFP RTP 105

PYMNTS

SEPTEMBER 1, 2020

However, cross-border payments could become ever more challenging as the network shrinks and becomes more concentrated across fragmented messaging formats, wires and domestic infrastructure. Fortunately, there are a range of initiatives in play and tools being deployed to address those inefficiencies.

Correspondent Bank 123

Correspondent Bank Correspondent Cross-Border Cross-Border Payments 123

Fintech Finance

SEPTEMBER 18, 2024

Easier money management helps clients identify inventory for payment, apply payments, and see when and how to apply wire payments, or create payment plans. This streamlines the ability for clients to manage their money, reducing manual steps and providing instant daily transaction reconciliation.

API 98

API Payment APIs and Integration On-Demand Wire 98

PYMNTS

JULY 12, 2020

Before the merge, cybercrime investigators required extra training to conduct computer forensic investigations, exams, trace internet addresses and collaborate with tech companies. financial infrastructure by tracking fraudulent wire transfers, counterfeit checks and combating counterfeit currency,” the release states.

Financial Crimes 85

Financial Crimes Counterfeit Check Crime Wire Transfer 85

PYMNTS

NOVEMBER 13, 2020

Many firms still process cross-border transactions through wire transfers. A large portion of cross-border B2B transactions are sent via wire transfers: 69 percent of businesses tapped this method for cross-border payments in 2019. Fraud scams targeting these wire transfers have long been an issue, with U.S.

Cross-Border 64

Cross-Border Wire Transfer B2B Wire 64

PYMNTS

APRIL 14, 2020

When a phisher spoofs a chief financial officer’s email address in a social engineering attack against an accounts payable (AP) department, however, it would seem that the email service itself could be the first line of defense. “But that brings a lot of problems, mostly in the areas of security and reliability.

Email Compromise 96

Email Compromise Compromise Business Email Compromise Phishing 96