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ACH Payment vs Wire Transfer Similarities and Differences: How to Choose Between ACH vs Wire

Stax

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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MAS Fines Five Payment Firms S$960,000 Over AML/CFT Control Failures

Fintech News

Remsea received the largest fine of S$280,000 for breaches between August 2020 and August 2023, including failing to obtain customer residential addresses, check for beneficial ownership, verify representatives’ authority, and include required information in cross-border wire transfers.

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OpusDatum launches new WTR Knowledge Hub to transform global compliance landscape

The Payments Association

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.

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ACH Payment vs Wire Transfer: What’s the Difference and Which Payment Method Should You Use?

Stax

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.

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Data Breaches 101: What They Are And How To Prevent Them

VISTA InfoSec

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.

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IP Address Fraud Case Shows Ease Of Hiding Identity On The Web

PYMNTS

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.

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Breaking Point: Why Businesses Need to Address the Accounting Crisis ASAP. Is AI the Answer?

FloQast

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?