Remove Best Practices Remove Facilitators Remove Mitigation
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U.S. Faster Payments Council Publishes Report on Overcoming Usability Impediments to Instant Payment QR Code Adoption

Fintech Finance

It also explores how emerging technologies such as SoftPOS can help mitigate these obstacles, enabling broader acceptance of QR code-based faster payments across industries. Unlike in other regions where standardized QR code solutions have facilitated widespread adoption, the domestic market remains fragmented.

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Understanding the Cyber Risks in Video Communication

VISTA InfoSec

Therefore, this article explores the common cyber threats in video communication and provides strategies to mitigate them. One of the most significant advantages is that it facilitates face-to-face interactions regardless of geographical barriers. Common Cyber Risks in Video Communication Video communication offers numerous benefits.

Risk 277
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Recurring Billing: Definition, How it Works, and Best Practices

Stax

By the end of this guide, you’ll have `a clear overview of its operational framework, strategic benefits, best practices, and advanced strategies to maximize this powerful, rapidly rising payment tool. TL;DR Recurring billing is a powerful solution to streamline processes and enhance revenue generation and customer engagement.

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CBI’s Leadership in Open Finance: Expanding Value-Added Services Through Collaboration

The Fintech Times

Name Check CBI (Verification of payee VoP), is offered by CBIto mitigate fraudattempts, avoid misdirection ofpayments and enhance the stability of the financial market, forbothretailand corporatecustomers. By doing so, they can create innovative products that enhance user experiences beyond mandatory services.

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The rise of generative AI in payment security: A double-edged sword for data privacy

The Payments Association

Sweeney says: Payment systems must facilitate near-instant payments, which leaves little time for traditional analysis or verification. Cohn believes regulation will impose stricter requirements for organisations to assess and mitigate the potential for algorithmic bias in AI-powered payment systems.

Privacy 88
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Navigating AML obligations in the age of virtual IBANs

The Payments Association

Virtual IBANs (vIBANs) have become a key component of modern payment systems, enhancing payment reconciliation and facilitating cross-border transactions. Including structured data would help PSPs monitor and mitigate financial crime risks. Common standards would bring consistency and confidence.

IBAN 88
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7 Best Practices for effective Account Reconciliations

Nanonets

Seven Best Practices for Effective Account Reconciliations From Mesopotamia's rudimentary ledgers tracking livestock and crops to the second-century BCE Indian treatise " Arthashastra ", accounting has been a cornerstone of economic management in any civilized society.