Stax

APRIL 3, 2025

Fraud detection – Fraud detection and prevention measures identify and block any fraudulent activities in the payment system. For eCommerce payment systems, these measures include two-factor authentication, fraud filters, real-time transaction monitoring, card verification value, device fingerprinting, and address verification system.

Payment Solutions 88

Payment Solutions Payment APIs and Integration Payment Gateways Gateways 88

Finextra

JULY 7, 2025

These real implementations in 2024–2025 demonstrate tangible benefits, such as faster customer service, increased financial security, more inclusive products and higher customer satisfaction across the banking industry. Additionally, Eno enhances security through AI-driven account monitoring and background authentication.

AI 114

AI Fraud Detection Online and Mobile Banking Payment APIs and Integration 114

Finextra

JUNE 25, 2025

This means faster resolutions, reduced operational overhead, and a more positive customer experience—even in difficult moments. Real-Time Compliance & AML Monitoring With faster payments come faster risks—and heightened regulatory expectations.

Fraud Detection 59

Fraud Detection AI Payments PCI DSS 59

CoinRemitter

MARCH 28, 2025

Low Transaction Fees: With the lowest processing fee and no hidden charges, businesses can maximize their earnings by accepting crypto payments with our payment gateway. Freelance & Digital Services: Service providers receive payments instantly without worrying about bank delays.

Stablecoins 52

Stablecoins Payment Gateways Gateways Cryptocurrency 52

The Fintech Times

MARCH 12, 2025

As the government pushes its broader economic agenda, the question remains: does this decision streamline regulation or create new risks for the payments industry? A push for simplification The PSR, which oversees payment systems including Faster Payments and Mastercard , will have its functions largely absorbed by the FCA.

FinTech 59

FinTech Payment APIs and Integration Fraud Prevention Push-to-Card 59

The Payments Association

APRIL 8, 2025

Gunchenkova added that instant payments through open banking are also helping to reduce fraud, particularly in high-volume industries like gaming. “With faster payments and open banking, we can reduce the time and complexity of transactions, making it harder for fraudsters to exploit vulnerabilities in the system,” she explained.

Fraud Prevention 88

Fraud Prevention Instant Payments Alternative Payment Methods Participant 88

PYMNTS

MAY 22, 2020

If you want to know how consumers feel about faster payments, talk to the millions of Americans who still have not received stimulus money as of mid- to late-May. Congressional Research Service projects that the pandemic could reduce global trade by anywhere from 13 percent to 32 percent,” according to the May Faster Payments Tracker.

Faster Payments 137

Faster Payments Real Time Payments Cross-Border Payments 137

PYMNTS

DECEMBER 8, 2016

Less than two months after its implementation, Same Day ACH, the ubiquitous faster payments initiative for the payments industry in the United States, is showing a significant impact on the market, but it still has plenty to learn from those across the pond. still has faster payment lessons to learn.

Faster Payments 69

Faster Payments Same Day ACH ACH NACHA 69

The Payments Association

FEBRUARY 13, 2025

Many financial institutions still rely on legacy authentication methods, leaving them vulnerable to modern attack vectors. Risk-based authentication (RBA) offers a way forward, balancing security and user experience while addressing the growing sophistication of fraud. Static authentication is a significant vulnerability for FIs.

Authentication 88

Authentication Risk Compliance Fraud Detection 88

PYMNTS

SEPTEMBER 14, 2016

ACI Worldwide advises that, as the world moves toward immediate payment ecosystems, a holistic view of the transaction, with layered controls from origination to the application of real-time rules, is the only way to push the pedal to the metal on faster payments and put the brakes on fraud. million in 2007 to £52.5

Fraud Prevention 77

Fraud Prevention Faster Payments Push-to-Card Payments 77

PYMNTS

JANUARY 21, 2019

There’s a canary in the faster payments coalmine. That was the day that an advocacy group, Financial Innovation Now (FIN), submitted a public comment letter to the Fed in response to its proposal to create and operate a real-time payments system in the U.S. It may also change the conversation about faster payments in the U.S.

Faster Payments 77

Faster Payments Same Day ACH Fed Real Time Payments 77

PYMNTS

MARCH 10, 2017

Developing and deploying faster payments initiatives is top of mind for many countries around the globe, but making those talks a reality is a whole different story. market specifically, it’s up for debate whether the many faster payment schemes are actually complementary or conflicting. In the U.S. FIs in the U.S.

Faster Payments 67

Faster Payments Payments Interoperability Push-to-Card 67

PYMNTS

OCTOBER 12, 2018

The good news is that all the recent buzz about real-time and instant payments has brought with it the realization that banks need to understand and address fraud in these new, faster channels. “A If the payments — push or pull — are in real time, he said, then the authentication has to be in real time as well.

Faster Payments 73

Faster Payments Authentication Payments Enrollments 73

PYMNTS

JULY 25, 2019

In addition, they can spare tenants from fines related to late rental payments by helping them more rapidly move money into their landlords’ accounts. . Simply developing new real-time payment rails is not enough, though. Open APIs have encouraged retailers in other countries to use faster payment infrastructures, too.

Faster Payments 64

Faster Payments API Payment APIs and Integration Cross-Border 64

PYMNTS

AUGUST 3, 2020

While eliminating paper is a much-needed first step to combatting B2B payments fraud, electronic payments aren’t immune to the risk, either. Again, in a remote working environment, the threat balloons when authentication measures break down. Fraud Captures Faster Payments Council Attention. ” $4.13

B2B 131

B2B FPC Scams Email Compromise 131

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.

Faster Payments 96

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

Fintech Finance

APRIL 19, 2024

Faster Payments Council (FPC), a membership organization devoted to advancing safe, easy-to-use faster payments in the United States, is pleased to announce the release of its latest report, How QR Codes Address ‘the Last Mile’ Adoption of Faster Payments at the Point-of-Sale. The post U.S.

Faster Payments 59

Faster Payments FPC Payments Best Practices 59

PYMNTS

FEBRUARY 6, 2017

NCR Corporation, a global leader in omnichannel solutions, announced that Bottomline Technologies has integrated Authentic, NCR’s intelligent transaction processing platform, into its Direct Faster Payment Service (FPS) solution. based financial institutions to connect securely to the Faster Payments network.

Faster Payments 46

Faster Payments Payment Networks Fraud Detection Regulatory Compliance 46

The Fintech Times

APRIL 22, 2024

A recent report highlights the pivotal role QR codes play in accelerating faster payments adoption, emphasising a unified standard, versatile functionality and stringent security. The post QR Codes: The ‘Driving Force’ Behind Faster Payments Adoption appeared first on The Fintech Times.

Faster Payments 59

Faster Payments FPC Payments Interoperability 59

PYMNTS

MAY 7, 2019

In a press release on Tuesday (May 7), Citi announced the launch of Citi Verify, which uses authentication solution provider GIACT Systems to validate corporate clients’ own U.S. Citi Verify enables companies to access GAICT’s EPIC platform, which provides real-time identity verification and authentication services.

Verification 53

Verification Faster Payments Treasury Payment APIs and Integration 53

PYMNTS

FEBRUARY 7, 2017

You can test all you want, but for payments innovators, the true test only comes when a solution is released out into the real world. s Faster Payments initiative, there have already been some changes made to the service that looks to support real-time transacting. For the U.K.’s But last June, the U.K. is all about flexibility.

Faster Payments 46

Faster Payments Technology Real Time Payments ISO 20022 46

PYMNTS

APRIL 1, 2019

Interested workers can input their personal and professional information on the marketplace, which then authenticates each user, eliminating that step for companies that want to employ them. Digital marketplaces can mitigate this friction, lower companies’ costs and save precious time. percent being paid instantly.

Faster Payments 73

Faster Payments Economy Payments Authentication 73

PYMNTS

MARCH 1, 2019

Now, demand for faster payments options is taking off worldwide. It’s not just direct participants who are taking advantage of these payments schemes — financial services providers such as Fiserv are also working to extend access by offering FIs real-time payments connectivity and processing solutions. trillion ($2.25

Faster Payments 53

Faster Payments Real Time Payments Security Message Standards 53

Finovate

OCTOBER 10, 2024

ANNA, a small business banking and tax app for SMEs, has implemented biometric re-authentication strategies to fight fraud. The new re-authentication procedures are designed to help combat the threat of Authorized Push Payment (APP) fraud. to deploy biometric re-authentication strategies to fight financial crime.

Authentication 59

Authentication Procedures Push-to-Card Online and Mobile Banking 59

PYMNTS

JANUARY 8, 2019

And such payments serve a larger goal of payments and commerce: removing friction from transactions and the overall consumer experience. In fact, that’s pushing companies like casino site 888.com

Faster Payments 75

Faster Payments Legal Payments Push-to-Card 75

PYMNTS

AUGUST 3, 2017

By 2007, they had come up with Stronger Authentication featuring two-factor authorization. Then, in 2008, faster payments were introduced. As fraud losses tripled over the next three years, it became very clear that Stronger Authentication wasn’t strong enough. But it worked. In 2007, fraud losses decreased.

Faster Payments 49

Faster Payments Authentication Phishing Payments 49

Fintech Finance

DECEMBER 13, 2023

Faster Payments Council (FPC), a membership organization devoted to advancing safe, easy-to-use faster payments in the United States, today published the Real-Time Payment Application Program Interfaces (APIs) report in its Faster Payments Knowledge Center. The post U.S.

Real Time Payments 52

Real Time Payments Faster Payments API FPC 52

Payments Source

FEBRUARY 25, 2021

The COVID-19 pandemic led many locked-down consumers to stream or download more movies and video games, and this trend is leading to a rise in demand for faster data services such as 5G — a potential driver of payments innovation.

Authentication 112

Authentication Payments Innovation Consumer 112

PYMNTS

MAY 23, 2017

In the latest Data Drivers, Uri Rivner, head of Cyber Strategy and vice president of Business Development at BioCatch , stated that as countries around the world embrace faster payments, they may do well to heed some sobering statistics on fraud gleaned from the United Kingdom’s own experience. then, on its own path to faster payments?

Faster Payments 40

Faster Payments Payments Authentication Process 40

The Fintech Times

OCTOBER 14, 2024

Business and tax app, ANNA has introduced biometric re-authentication procedures to stamp out cybercrime from taking place on illegally accessed accounts. To further boost security, ANNA has also added ongoing random biometric authentication checks that require a customer selfie. If the match cannot be made, the account is suspended.

Authentication 52

Authentication Accounts Scams Payee 52

PYMNTS

MARCH 20, 2018

Australia has just rolled out the New Payments Platform (NPP), a system to facilitate faster payments in the country, but a recent speech by Michele Bullock, assistant financial system governor of the Reserve Bank of Australia (RBA), suggests there is more to be done to address fraud risks. Europe and U.S. It led the U.K.

Faster Payments 46

Faster Payments Central Bank Risk Same Day ACH 46

PYMNTS

APRIL 8, 2016

6, 2015, speaking at the Faster Payments Imperative, NACHA CEO Jan Estep emphasized the need to continue the dialogue about what the concept of faster payments really means. “We The payments industry as a whole is beginning to understand that faster payments actually means a number of different things.

Faster Payments 40

Faster Payments ACH Network Same Day ACH ACH 40

PYMNTS

OCTOBER 3, 2017

The discussion took place as NACHA unveiled Phase Two of its Same Day ACH initiative, debuting same-day debits with an eye on settling bill payments with speed and security. Fiserv, for example, has its NOW Network, through which bill payments, person-to-person (P2P) transfers and other transactions are enabled in real time.

Faster Payments 49

Faster Payments Same Day ACH Demand Deposit Account (DDA) ACH 49

PYMNTS

JANUARY 30, 2020

By definition, real-time payments give financial institutions (FIs) almost no time to analyze and authenticate a transaction to prevent fraud and other financial crimes. The Asia-Pacific (APAC) region is one in which faster payment capabilities are quickly proliferating. ” Unwrapping The Fraud Threat. ”

Faster Payments 43

Faster Payments APACS Real Time Payments Financial Crimes 43

PYMNTS

JANUARY 26, 2021

has been working with banks and corporates on faster payment solutions for some time, and recently began developing a new set of resources to boost this effort. Tokenization, Authentication Working Invisibly. He added, “These measures will also help avoid payments made by mistake.

RTP 109

RTP Real Time Payments NACHA Same Day ACH 109

Segpay

SEPTEMBER 24, 2024

For authentication, customers are redirected to their familiar online banking portal or mobile banking app. They can then log in using their online banking credentials, such as their username and password, or through biometric authentication (fingerprint, iris, etc.). After logging in, the customer authorizes the payment.

Accounts 105

Accounts Online and Mobile Banking Payments Authentication 105

PYMNTS

JUNE 28, 2017

According to Adam Vancini, head of authentication for virtual channels at Wells Fargo, banks and financial institutions have long relied on traditional indicators to authenticate consumers — but these new young consumers aren’t behaving the way banks are used to. Making faster payments more secure.

Authentication 43

Authentication Online and Mobile Banking Real Time Payments Security 43