Remove Best Practices Remove Cross-Border Payments Remove Global Payments
article thumbnail

Cross-Border Payments Could Further Enable APP Fraud, Says Payments Association Study

Fintech Finance

Authorised Push Payment (APP) fraud continues to be one of the most pressing concerns for financial services, the payment industry, law enforcement and the general public – and new developments in cross-border payments may be making it easier.

article thumbnail

What Canadian Merchants Need to Know About International Payment Processing

Clearly Payments

As Canadian businesses look to expand internationally, one crucial component of successful growth is handling cross-border payments smoothly and efficiently. As global online shopping grows rapidly, consumers expect seamless payment experiences.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Nium Strengthens Executive Leadership Team with Chief Financial Officer and Chief Compliance Officer Appointments

Fintech Finance

Nium , the global leader in real-time cross-border payments, has announced two executive appointments that strengthen its leadership team and underscore the company’s focus on driving efficient and responsible growth. Andre Mancl joins as Chief Financial Officer.

article thumbnail

Navigating AML obligations in the age of virtual IBANs

The Payments Association

Voices from the industry Virtual IBAN regulations are evolving as regulators tighten AML compliance, data protection, and cross-border payment rules. Without clear definitions under PSD2 or SEPA, PSPs struggle to develop comprehensive AML strategies that align with international best practices.

IBAN 88
article thumbnail

FLEETCOR Closes On Its $690M Buy Of Cambridge Global Payments

PYMNTS

FLEETCOR Technologies, a global provider of commercial payment solutions, announced Wednesday (Aug. 9) that it has closed its acquisition of Cambridge Global Payments, the B2B international payments provider, for approximately $690 million. The deal was announced on May 1.

article thumbnail

How Technology Can Unlock Trust In Cross-Border Transactions

PYMNTS

That is the big challenge for cross-border payments experts, InstaReM CTO Nilesh Pathak told Karen Webster in a recent PYMNTS interview – overcoming those barriers to trust that serve as friction points when partners are trading across borders. The third bucket, he noted, is the transparency bucket, or cost.

article thumbnail

SWIFT Now Looking At Blockchain For Interbank Payments

PYMNTS

12) said SWIFT will launch a proof-of-concept test to explore the use of blockchain technology for cross-border payments and settlements by banks. It’s no certainty, however, that a working application using blockchain for cross-border payments will emerge, SWIFT said. An announcement Thursday (Jan.

SWIFT 41