Clearly Payments

OCTOBER 30, 2024

To successfully meet international demand, Canadian merchants need a system capable of handling these complexities with reliability, speed, and low costs. PSD2 (Payment Services Directive 2) : Also in the European Union, PSD2 aims to strengthen consumer protection and requires two-factor authentication for payments.

International Payments 105

International Payments Process Multi-Currency Cross-Border 105

Fintech Finance

APRIL 24, 2025

The results suggest larger transaction limits are helping to boost instant payment demand. Nearly half (47%) of US banks now experience overwhelming corporate demand, more than triple the 16% from 2024. “Our latest research shows strong demand for instant payments and growing pressure on banks to deliver.

Transaction Limits 84

Transaction Limits RTP FedNow Instant Payments 84

VISTA InfoSec

JUNE 19, 2024

Ransomware, a type of malware, is particularly destructive as it encrypts the victim’s data and demands a ransom for its release. Additionally, consider platforms with strong access controls, such as multi-factor authentication (MFA) to prevent unauthorized access.

Risk 277

Risk Ransomware Phishing MFA 277

The Payments Association

DECEMBER 19, 2024

The Payments Association sat down with Trust Payments Group CEO Laurence to gain his insight into why its time for payment providers to think broader, embrace innovation, and help businesses meet the demands of an increasingly dynamic and connected world. The integration of POS systems with company software is a game-changer.

Payments 88

Payments Fraud Prevention On-Demand Service Provider 88

PYMNTS

FEBRUARY 13, 2020

So before we add another layer of authentication , we should ask, is this actually going to serve a purpose or solve our problem?”. What is necessary, said Xie, is a different, more holistic paradigm for fighting fraud – with a broad goal of not adding more authentication steps, but fewer. The Zero-Authentication Future.

Authentication 98

Authentication Bots Identity Theft Mitigation 98

Fintech Finance

MARCH 20, 2025

messaging, routing, authentication, credential lifecycle, and retries). “Building a global payments infrastructure is increasingly complex, especially with rising regulatory demands and evolving fraud tactics,” adds Linder.

AI 99

AI Credential On-Demand Product 99

Fintech News

JULY 7, 2025

Consumers are demanding more. As these platforms integrate financial services, travel, retail, and daily lifestyle offerings into a single scalable ecosystem, automation becomes critical to delivering the frictionless, personalised experiences that users now demand.

94

94

Fintech Finance

APRIL 17, 2025

MoneyGram customers in the United States can now use Plaid’s technology to help authenticate their bank accounts, enabling fast and secure funding for both domestic and cross-border payments. ” Meeting Consumer Demand with Plaid Consumers increasingly expect seamless, connected financial services and products.

Global Payments 85

Global Payments Cross-Border Payments Cross-Border Credit Union 85

Fintech Finance

DECEMBER 18, 2024

By incorporating Apple Pay, TCB Pay merchants can cater to the growing demand for fast and contactless payment options , enhancing customer satisfaction and driving sales. With over 500 million Apple Pay users globally in 2024 ( Statista ), digital wallets have become essential for modern commerce.

Federal Reserve 93

Federal Reserve Contactless Payments Encryption Security 93

Fintech Finance

MARCH 24, 2025

The demand for secure, fast, and modern payment solutions has been pressing. With the system now operational, Somali consumers can initiate instant transfers from their mobile or banking app and make QR-based payments seamlessly, by entering the recipient’s details and authenticate transactions securely with a PIN or OTP.

Instant Payments 90

Instant Payments Settlement Payments Central Bank 90

VISTA InfoSec

JULY 19, 2024

As fraudsters are continuously finding new ways to strike, we’re continuously finding new ways to prevent them with controls such as encryption, multi-factor authentication, fraud detection software, etc. Each TPM chip has a unique RSA key that’s embedded into it during production, which can be used for device authentication.

Cybersecurity 264

Cybersecurity Encryption Fraud Detection CHIPS 264

Fintech News

APRIL 23, 2025

The move comes as the India-headquartered payments technology firm looks to support growing demand for its infrastructure services from enterprise clients in the region. The post Indian Payments Firm Juspay Opens Singapore Office as APAC Hub appeared first on Fintech Singapore.

APACS 74

APACS Reconciliation Fraud Prevention Payments 74

The Payments Association

JUNE 3, 2025

While still central to security, modern tokenisation addresses broader demands: interoperability across platforms, reduced operational costs, and improved customer experience. This transformation is further accelerated by the rise of Passkey authentication, which, as Srinivasan put it, enables secure and frictionless payments.

Security 88

Security Payment APIs and Integration Payment Security Credential 88

Fintech News

JULY 2, 2025

By evaluating the authenticity and richness of these digital signals, organisations can build a more nuanced risk profile for each user before onboarding even begins. Payment platforms , facing intense competition, have used these tools to maintain robust security while delivering the fast, frictionless experiences that customers demand.

Fraud Prevention 91

Fraud Prevention Technology Checks Risk 91

Fintech Finance

JUNE 12, 2025

Despite this demand, only a fifth (21%) of UK consumers currently use a payment method with biometric verification for added security (rising to 27% of Gen-Zs). This means there is significant untapped opportunity for merchants to increase trust in the digital economy by integrating payment flows that offer biometric authentication.

Research 52

Research Risk Consumer Verification 52

Fintech Finance

FEBRUARY 6, 2025

With the embedded finance market for SMBs forecasted to reach $124 billion by the end of 2025 , the race is on to meet the surging demand for flexible, efficient, and customizable tools designed to drive growth and streamline financial operations. By adhering to OAuth 2.0

Payment APIs and Integration 94

Payment APIs and Integration Embedded Finance B2B Use Case 94

The Payments Association

MARCH 19, 2025

We are seeing strong adoption and demands for wallets like PayPal, Alipay, and WeChat Pay as they have evolved from basic payment tools to comprehensive financial ecosystems. Technological advancements, including NFC, QR codes, and biometric authentication, have made digital wallets more user-friendly and secure.

Digital Payments 88

Digital Payments Finance Online and Mobile Banking Payments 88

Fi911

JUNE 9, 2025

Technical Defense Strategies Email authentication forms the foundation of BEC defense. Multi-factor authentication protects against credential compromise but must extend beyond employee accounts. Rather than relying on email for sensitive changes, institutions should implement vendor portals with proper authentication.

Email Compromise 52

Email Compromise Business Email Compromise Compromise Law Enforcement 52

Fi911

MAY 22, 2025

Consumer Protection with stronger authentication and fraud prevention measures, such as Strong Customer Authentication (SCA). This is especially important as consumers demand more clarity and accountability from financial service providers. Innovation Limitations due to inconsistent API standards and performance issues.

Payment APIs and Integration 66

Payment APIs and Integration Fraud Prevention Consumer Protection API 66

Stax

JANUARY 28, 2025

The payment system was introduced in 2019 by the major card schemes, including Visa, American Express, Mastercard, and Discover in response to the demand for a more standardized, frictionless, and secure online payments regime. It is also built to be super secure.

Payment APIs and Integration 68

Payment APIs and Integration Online and Mobile Banking Payment Gateways Gateways 68

The Payments Association

JANUARY 8, 2025

Businesses need to stay ahead by adapting to new technologies and delivering the seamless, secure experiences customers now demand. Secured with biometric authentication, these payments combine futuristic ease with robust safety measures. AI is already essential for fraud detection, offering real-time monitoring to prevent issues.

Non-Bank 88

Non-Bank Real Time Payments Instant Payments Payments 88

VISTA InfoSec

MARCH 28, 2024

Use strong, unique passwords and consider multi-factor authentication for an added layer of data security. Takeaway Protecting customer data is a multifaceted challenge that demands a comprehensive and proactive approach. Regularly update customers if your data practices change, giving them the option to opt out if they wish.

Data Breach 278

Data Breach Regulatory Compliance Breach Encryption 278

The Fintech Times

FEBRUARY 5, 2025

High-end merchants are in the perfect position to respond to this demand. These high-value customers demand more than just a premium product, they expect an exceptional experience, from sustainability and quality to seamless and secure payments.

Payment Security 64

Payment Security Security On-Demand Payments 64

Clearly Payments

OCTOBER 31, 2024

Biometric Payments Overview : Biometric payments use physical traits, such as fingerprint or facial recognition, for authentication. Consumer Confidence : 60% of consumers are comfortable using biometrics for payments due to increased security, with 2 in 3 smartphone users enabling biometric authentication.

Online and Mobile Banking 98

Online and Mobile Banking RTP BNPL Debit Card 98

The Payments Association

JANUARY 21, 2025

This report provides a comprehensive analysis of the key trends defining the payments sector in 2024, highlighting the opportunities for strategic growth, as well as the challenges posed by regulatory pressures, financial crime, and evolving infrastructure demands.

Payments Trends 88

Payments Trends Financial Crimes Cross-Border Payments 88

The Fintech Times

AUGUST 30, 2024

To speed up this process to a matter of seconds, iDenfy , the Lithuanian regtech, is launching its new ‘Face Authentication’ service. The iDenfy Face Authentication check enables businesses to onboard new customers quickly and securely. The extracted information then verifies the authenticity of the face.

Authentication 64

Authentication Due Diligence Verification Compliance 64

Fintech News

FEBRUARY 2, 2025

This includes pricing, instalments, multi-currency accounting, credit limits, interest calculations, exceptions, fees and commissions, authentication validity periods, risk operations, workflows, and more. The good old Need for Speed game is played in many industries, including card issuance. gaming) but accepted at approved merchants.

Card Issuer 107

Card Issuer Issuers Multi-Currency Online and Mobile Banking 107

Stax

MAY 16, 2025

These industries demand payment solutions that go beyond traditional retail or e-commerce, focusing instead on unique processes like managing trust accounts for legal services or operating multiple accounts for real estate professionals. Nonprofits are a prime example, where razor-thin operating budgets demand efficiency at every level.

Embedded Finance 88

Embedded Finance Underserved Small Business Finance 88

The Payments Association

JUNE 24, 2025

Forward-looking payment firms should therefore not see this as a burden, but as a platform: aligning with these standards builds resilience, trust, and relevance in an increasingly sustainability-conscious marketplace Consumer demand: Today, payments are no longer simply seen as financial transactions, but a reflection of personal values.

Innovation 88

Innovation Card Issuer Payments Issuers 88

Fintech Finance

NOVEMBER 6, 2024

Secure – A robust platform, BDD uses industry protocols to authenticate the flow of financial information when making payments and receiving data to prevent financial fraud. Providing customers with the building blocks to launch their digital propositions without the technical complexities.

ISO 20022 98

ISO 20022 ISOs Online and Mobile Banking Payments 98

The Fintech Times

DECEMBER 21, 2024

Bolstered by secure payments through Face ID, Touch ID, or device passcode authentication, Paymob also hopes Apple Pay will help reduce cart abandonment , boost sales, and provide a payment solution that meets growing consumer demand for modern digital convenience.

Security 59

Security Central Bank Economy Authentication 59

Fintech News

MAY 20, 2024

The COVID-19 pandemic led to restrictions on physical gatherings, prompting businesses to swiftly move their marketing activities to online platforms and bringing webinars into the spotlight. These virtual events became vital for maintaining business continuity, serving as a means for internal meetings and connecting with clients and audiences.

FinTech 135

FinTech Embedded Finance BNPL On-Demand 135

Finextra

JANUARY 28, 2025

Why should issuers and processers use AI to embed trust in the transaction lifecycle?

On-Demand 52

On-Demand Transactions Authentication Risk 52

The Fintech Times

JUNE 12, 2025

Despite this demand, only 21 per cent of UK consumers currently use a payment method with biometric verification for added security (rising to 27 per cent of Gen Z). Trust in digital commerce is critical for both customer and merchant confidence, and meeting demand for enhanced payment security should be a priority for online businesses.”

Risk 45

Risk Consumer Verification Credential 45

VISTA InfoSec

JUNE 18, 2024

In addition to access control, fortify your defenses with Multi-Factor Authentication (MFA). This advanced data security measure demands additional verification beyond just a device passcode, such as a fingerprint scan or random code from a mobile app. Protecting this information is just as crucial.

Data Security 266

Data Security Security Encryption Cybersecurity 266

The Fintech Times

MARCH 24, 2025

messaging, routing, authentication, credential lifecycle, and retries). “Building a global payments infrastructure is increasingly complex, especially with rising regulatory demands and evolving fraud tactics. per cent in 2024.

Credential 59

Credential On-Demand Authentication Digital Payments 59

Fintech Finance

MARCH 24, 2025

The demand for secure, fast, and modern payment solutions has been pressing. With the system now operational, Somali consumers can initiate instant transfers from their mobile or banking app and make QR-based payments seamlessly, by entering the recipient’s details and authenticate transactions securely with a PIN or OTP.

Instant Payments 69

Instant Payments Settlement Payments Central Bank 69