Finextra

JUNE 11, 2025

Indigenous Banking (Shroffs and Mahajans): Long before modern banks, India had a thriving indigenous banking system. Moneylenders, traders, and Shroffs (money changers and bankers) facilitated credit and remittances. They were crucial for financing trade routes within India and internationally.

Financial Inclusion 52

Financial Inclusion Real Time Gross Settlement (RTGS) Payment APIs and Integration Funds Transfer 52

Finextra

JUNE 26, 2025

PCI DSS: Safeguarding cardholder data If you handle card payments, PCI DSS compliance is non-negotiable. It keeps your customers’ card details safe and your systems strong. PCI DSS stands for Payment Card Industry Data Security Standard. Yes, trust is everything. You know this already. So, let’s dig in. What is PCI DSS?

PCI DSS 52

PCI DSS AML Process Payment APIs and Integration 52

Fintech Finance

FEBRUARY 20, 2025

Addressing the Future of Faster Payments The 2025 Barometer highlights significant opportunities to address industry concerns, including the availability of value-added services like multifactor authentication and request for payment.

Faster Payments 102

Faster Payments Multifactor Authentication FedNow RTP 102

Fi911

JULY 11, 2025

Chargeback volumes have increased 25% annually over the past three years, pushing financial institutions to reconsider their manual processing approaches. Automated systems complete the same work in hours, improving the likelihood of meeting tight card network deadlines. Response times drop dramatically with automation.

Best Practices 64

Best Practices Automation Disputes Volume 64

The Payments Association

DECEMBER 18, 2024

Payment technology and innovation are accelerating across the fintech industry, with more companies recognising the importance of adapting to changing customer needs, with non-cash transactions projected to hit 2.3 trillion transactions by 2027. billion users by 2025, nearly 60% of the global population.

Cross-Border 88

Cross-Border AI Push-to-Card Real Time Payments 88

Finextra

JULY 7, 2025

For example, Bank of America (US) announced its clients reached 26 billion digital interactions in 2024 (a 12% year-over-year increase), including 676 million interactions with its AI virtual assistant “Erica.” In the UK, NatWest’s AI assistant, “Cora,” handled 11.2 At the same time, a J.D. Almost every bank is at least planning for GenAI.

AI 114

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

The Payments Association

JANUARY 3, 2025

Participants noted that while unauthorised fraud, which accounted for annual losses of 709 million, such as remote purchase, remote banking and lost and stolen cards, has remained relatively steady, authorised fraudparticularly investment, purchase, impersonation and romance scamshas surged in recent years to 460 million.

Fraud Detection 88

Fraud Detection Fraud Prevention Participant Financial Crimes 88

Fintech News

JANUARY 26, 2025

This article explores five key trends changing how we pay today while pushing the narrative for a more efficient, powerful financial ecosystem in Asia. In 2023, credit card payments comprised 52.2% In Southeast Asia, digital payment transactions are projected to exceed US$1 trillion by 2025. of all cashless transactions in Japan.

Payments Trends 128

Payments Trends Payment APIs and Integration Embedded Finance Cross-Border 128

The Payments Association

DECEMBER 10, 2024

This is evidenced by the fact that payment card fraud alone is projected to increase by over $10 billion between 2022 and 2028, according to the data. Why is it important? It highlights the urgent need for payments firms to address AI-driven fraud to protect financial security, maintain customer trust, and comply with regulations.

AI 88

AI Fraud Detection Fraud Prevention Deepfake 88

Fintech Finance

FEBRUARY 20, 2025

Runa Assure was purpose-built for instant payout methods, including gift cards, prepaid, and push-to-card, and now protects over two million unique recipients every month. Unlike other fraud and security models that focus on payment acceptance, weve designed a fraud and security engine specifically to protect payouts.

PCI DSS 86

PCI DSS Security Payment APIs and Integration MFA 86

Finextra

JULY 20, 2025

Yet even a company of this scale must evolve. In 2025, under new CEO Alex Chriss, PayPal is revamping its core product stack to reignite growth and stay ahead of fast-moving competitors. Along the way, we’ll highlight the key metrics and financial goals linked to each initiative.

Product 52

Product PayPal Payment APIs and Integration P2P 52

Stax

MARCH 27, 2025

Talk to sales Understanding EFT: The Umbrella Term for Digital Transactions Ever paid for your coffee with just a tap of a card or received payment from a customer thousands of miles away? Digital wallets accounted for 50% of eCommerce purchases , while debit cards raked up 12% of total transactions last year. In 2024, it processed 1.2

ACH 88

ACH Electronic Funds Transfer (EFT) Wire Transfer Wire 88

The Payments Association

JULY 15, 2025

Geographically, the research spans six continents, with robust representation from the UK’s financial centres (London, Edinburgh, Manchester) and meaningful participation from the United States (4%), Ireland (2.7%), and major European markets including Germany, Netherlands, and France.

Financial Crimes 88

Financial Crimes Crime Fraud Prevention Deepfake 88

Fintech News

JUNE 11, 2025

At the centre of this threat is Grey Nickel , a sophisticated cybercriminal group using deepfakes, synthetic identities, and AI-powered attack tools to breach banks, crypto exchanges, and digital payment platforms. What makes Grey Nickel especially dangerous isn’t just their technology but also it’s their precision.

Crime 71

Crime Deepfake AI APACS 71

Cardfellow

APRIL 27, 2025

The full name (PCI DSS) stands for Payment Card Industry Data Security Standard and its a set of rules to help keep cardholders information secure. The full name (PCI DSS) stands for Payment Card Industry Data Security Standard and its a set of rules to help keep cardholders information secure. What is PCI again?

PCI DSS 52

PCI DSS Encryption Processors Credit Cards 52

Fintech News

NOVEMBER 12, 2024

Like previous editions, SFF 2024 saw several corporations, startups and public agencies announce their latest initiatives, leveraging the visibility, audience and media coverage of this large-scale gathering to gain maximum exposure and garner interest from key stakeholders. However, challenges remain, particularly regarding interoperability.

FinTech 111

FinTech Cross-Border Payments Cross-Border Payment APIs and Integration 111

Stax

DECEMBER 9, 2024

As consumers, most of us have looked at last month’s credit card statement and experienced the panic of not recognizing a charge. But credit card chargebacks also occur for a variety of other reasons and they’re not always honest. What Are Credit Card Chargebacks? If not, filing a chargeback is the next best option.

Credit Cards 88

Credit Cards Process Disputes Card Issuer 88

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

Finextra

JUNE 2, 2025

Location Joburg Followers 5 Opinions 22 Follow Unfollow Open Banking has moved from regulatory idea to industry reality, driving transformation by enabling secure, permissioned data sharing between financial institutions and third-party fintechs. The impact has been profound at a macro level. Crucially, Open Banking was just the opening act.

Finance 52

Finance Payment APIs and Integration API Regulations 52

The Payments Association

JULY 18, 2025

Viewing these initiatives as a whole presents a clear regulatory trajectory: accelerated timelines, harmonised standards, and enhanced scrutiny across governance, conduct, and technology infrastructure. This roadmap is designed to support leadership, legal, and compliance teams in navigating a fragmented but fast-evolving regulatory terrain.

Regulations 88

Regulations Payments Payment APIs and Integration Legal 88

Neopay

JUNE 20, 2025

70% of Authorised Push Payment (APP) fraud cases started online, with 16% originating through telecommunications networks. 70% of Authorised Push Payment (APP) fraud cases started online, with 16% originating through telecommunications networks. The following statistics are from the UK Finance Annual Fraud Report 2025. million.

Continuity 52

Continuity Security Fraud Prevention Law Enforcement 52

Finovate

JANUARY 24, 2025

Maya Shabi: The EUs regulatory push has been a double-edged sword for innovation in fintech and financial services. In this week’s edition of Finovate Global , we caught up with Maya Shabi, Senior Risk Strategist with EverC , a firm that provides tech-driven risk management solutions for ecommerce companies.

Regulations 72

Regulations FinTech BNPL Cross-Border 72

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. Its a great time to be a fraudster. million in 2023.

Authentication 88

Authentication Risk Compliance Fraud Detection 88

Fintech News

JANUARY 7, 2025

Singapore’s government has clarified that the Shared Responsibility Framework will not apply to credit card fraud cases, citing existing robust protections for consumers. This clarification came in response to a parliamentary question on the prevalence of credit card fraud in the country. million each year.

Credit Cards 109

Credit Cards Push-to-Card Card Issuer Authentication 109

PYMNTS

DECEMBER 13, 2018

13) the rollout of Ingo Money QuickConnect, which is a service that lets any company issuing money to customers to offer push-to-card payments via Visa Direct. The new service includes user authentication and account verification tools, payment routing and bank sponsorship, the company said. ” .

Push-to-Card 55

Push-to-Card Real Time Payments User Authentication Payments 55

PYMNTS

NOVEMBER 23, 2020

In an announcement of completion of the deal, Visa said it will accelerate the global payments and credit card company’s “network of networks” strategy. Under that strategy, Visa is pushing to become a “single point of access for initiating multiple transaction types” while also laying the foundation for the “secure movement of money.”.

Payment APIs and Integration 133

Payment APIs and Integration Push-to-Card FinTech Cross-Border 133

PYMNTS

OCTOBER 24, 2018

Fewer consumers use physical currency when making purchases, and are instead turning to more modern, digital methods of payment, particularly when making purchases online with debit cards. This pushed Bonkowski and his team to explore digital authentication solutions to protect its global user base. and around the globe.

Authentication 66

Authentication Push-to-Card AML Debit Card 66

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

Fintech Finance

NOVEMBER 6, 2024

As payments become more intricate, Mastercard today announced the latest enhancement to its new Mastercard Payment Passkey Service which enables secure, on-device biometric authentication through facial scans or fingerprints, the same way consumers unlock their phones every day.

Visa 98

Visa APACS Transactions Authentication 98

PYMNTS

MARCH 26, 2020

million recipients faster through Direct Express, where Comerica Bank acts as the Treasury Department’s financial agent for prepaid debit cards. million recipients faster through Direct Express, where Comerica Bank acts as the Treasury Department’s financial agent for prepaid debit cards. But those options are there, and at the ready.

Checks 100

Checks Push-to-Card Direct Deposit IRS 100

PYMNTS

OCTOBER 8, 2020

We’re living in nirvana right now with push-to-card and corporate disbursements and P2P [peer-to-peer] payments going instant because it hasn’t become high profile enough for the real bad actors to start showing up.”. . Consumers love the opportunity to get paid instantly when they can.

Instant Payments 122

Instant Payments Stop Payment P2P Venmo 122

Fintech News

AUGUST 26, 2024

Designing wallet-based card programmes Launching digital wallets is not enough for businesses eyeing the lucrative APAC market. From the bustling streets of Shanghai to Mumbai’s bustling markets, a financial revolution is quietly transforming the Asia-Pacific region. With global digital wallet payments projected to reach US$19.6

APACS 122

APACS PCI DSS Push-to-Card Online and Mobile Banking 122

FICO

OCTOBER 16, 2020

In many European Union countries, the implementation of Strong Customer Authentication will become a reality in the coming months – but are they ready? ASPSPs are looking to deliver authentication that not only meets the regulatory requirements but also meets customer expectations for smooth and largely friction-free experiences.

Authentication 52

Authentication Online and Mobile Banking Card Issuer Issuers 52

PYMNTS

DECEMBER 10, 2020

The offering, which is now available to owner CUs, provides continuous and smooth payment experiences and lets cardholders keep transacting online even if they don’t have their tangible cards, according to the announcement. 10) announcement.

Credit Union 82

Credit Union Credit Union Service Organization Push-to-Card Online and Mobile Banking 82

PYMNTS

OCTOBER 23, 2018

The world might be growing smaller and more connected, but regulations and authentication methods can create issues for international businesses looking to expand globally. to Indonesia, are working to develop new digital identity tools that can ease these challenges and push international businesses forward. to the U.K.

Authentication 53

Authentication Rules Credential Push-to-Card 53

Fintech Finance

OCTOBER 18, 2024

The Mastercard Payment Passkey Service leverages Mastercard’s tokenization technology, which also replaces the real card number with a token, to ensure that no data is shared with third parties and is useless to fraudsters and scammers. Upon successful authentication, the transaction is instantly completed. billion by 2028.

Visa 96

Visa Scams Push-to-Card Payments 96

Fintech Finance

OCTOBER 15, 2024

Card payments dominate the Nordic payment landscape, with 90 percent of shoppers using them for contactless payments either daily or once a week. Cards dominate but mobile payments are rising 76 percent of Nordic consumers use some form of mobile payment in physical sales locations.

Mobile Payments 98

Mobile Payments Push-to-Card Payments Contactless Payments 98