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Visa Payment Passkey – Enables consumers to authenticate their identity, and authorise payments, by scanning their biometrics. Ant International is also working with StraitsX to enable the efficiency and interoperability of payments made via PBM through the Whale platform, Ant International’s treasurymanagement solution.
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. Smart – Built intelligently, using industry standards, BDD empowers customers to be data driven whilst supporting them with specialist expertise.
Among these, the integration of blockchain and stablecoins in cross-border payments and treasurymanagement emerged as a central theme. Consultations on safeguarding, strong customer authentication (SCA), and cross-border rules are overdue. Iana Dimitrova, CEO of OpenPayd, highlighted this as a key area of opportunity.
APIs’ automation accelerates these transactions’ speeds, with critical steps like authentication and other security or compliance measures handled by them directly rather than redundant processes at each end of the payment. API security. We want to make sure that before we make a payment, the receiver is the right one.”.
It’s not very uncommon for us to come across clients that have multiple ERP systems, multiple treasurymanagement systems and multiple back-end systems,” Rangachari said — so digitization does have different starting points and milestones for the various customers.
One way around that — and to help pave the way for even more digital payments, especially in the B2B world , where paper still has a commanding role — is to offer reassurances, which often boil down to authentication and verification, and doing so in real time.
21 percent of business leaders say payment authorization and authentication are requirements when choosing a treasurymanagement platform , a report by Citizens Commercial Banking found. This week's B2B Data Digest looks at the latest figures behind such fraud targeting corporate finance teams.
Treasury4 , an enterprise software platform delivering modern tools for treasury and finance practitioners, has announced the launch of its innovative Payments4 module tailored specifically for the unique requirements of treasury and finance teams. Reduce risk of fraud and errors with secure, multi-factor authentication protocols.
According to a statement , “gpi Link will seamlessly connect gpi members to multiple trade platforms, thereby enabling gpi payment initiation, end-to-end payment tracking, payer authentication and credit confirmation.
Allica Bank also plans to introduce new services in 2020, including Acumen, a treasurymanagement platform, along with FMS.next payment services, the release states, helped along by Profile’s speedy methods of putting new programs in place.
SUNRATE , a Singapore-based payment and treasurymanagement platform, is bringing Apple Pay to its customers, offering a safer, more secure and private way to pay, and using the iPhone’s power to protect each transaction. Now, SUNRATE customers can use an iPhone or Apple Watch at payment terminals to make contactless payments.
An intelligent global payment and treasurymanagement platform, SUNRATE brings Apple Pay its customers, a safer, more secure and private way to pay, and uses the power of iPhone to protect every transaction. Security and privacy are at the core of Apple Pay.
Adriana Hastings , director of TreasuryManagement with Huntington, said in the release that the company is “excited” to put out more innovations for customers. Due to the application programming interfaces (APIs) involved, fraudsters can possibly access the API code and bypass in-app authentication procedures.
According to a statement , “gpi Link will seamlessly connect gpi members to multiple trade platforms thereby enabling gpi payment initiation, end-to-end payment tracking, payer authentication and credit confirmation.
Strong customer authentication (Ongoing 2025) Although strong customer authentication (SCA) under PSD2 has been in force for several years, the regulatory focus in 2025 is shifting from implementation to optimisation. Ensure delegated authentication, if used, meets scheme certification.
PSD2 compliance challenges continue to roll in, with strong customer authentication (SCA) requirements headed merchants’ way next month. This month’s PYMNTS PSD2 Tracker explores the biggest challenges around SCA, not least of all is a lack of awareness among sellers.
They reduced the intelligence available to make risk decisions on transactions, therefore it becomes even more critical to have a multi-factor authentication strategy.” And with our new client portal, our customers can self-serve and manage their trade finance products online.”. Commercial Bank of Dubai Links With Thunes.
According to PNC TreasuryManagement Executive Vice President and Head of Product Management J. Weiss emphasized the role of tokenization in addressing this issue, but other tactics can include two-factor authentication on commercial card purchases.
Until quite recently, small businesses (SMBs) have been stuck with their financial institutions (FIs) either providing them with sophisticated, expensive treasurymanagement offerings or simply making do with banking services designed for individual consumers. It reduces friction and adds to the convenience factor.”.
where her responsibilities included marketing and strategy for all lines of international business including trade services and trade finance, foreign exchange, correspondent banking, international treasurymanagement, international personal banking. She was previously Executive Vice President at Wells Fargo Bank, N.A.
Treasury Link has also integrated cash flow management, fraud and authentication capabilities, while its electronic payment service supports domestic and cross-border wire and ACH payments.
Mobile banking services: A robust mobile app with comprehensive features like mobile check deposit, real-time alerts, and transaction capabilities allow for smooth management of finances on the go. ATM and branch network: ATM access is important for businesses that handle cash or need to deposit checks frequently.
Notable projects: SurePay is a payment authentication service that lets consumers vet the confirmation information of the payee during financial transactions. SII also manages other consortium investments from across the entire HSBC Group. Bank of America.
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