Synchrony, Bread plan offsets to late fee cap
Payments Dive
DECEMBER 14, 2023
“I want that shoe to drop so we can start mitigating that issue,” Bread CEO Ralph Andretta said last week, as the industry awaits the CFPB’s final rule.
Examining the PSR’s APP fraud reimbursement cap change
The Payments Association
OCTOBER 14, 2024
The Payment Systems Regulator’s decision to lower the cap for APP fraud reimbursements to £85,000. The Payment Systems Regulator (PSR) recently announced a significant change to the cap for authorised push payment (APP) fraud reimbursements. What is this article about? Why is it important? What’s next?
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Reflecting on 2024: A transformative year in payments regulation
The Payments Association
DECEMBER 2, 2024
PSPs were required to enhance their fraud detection and prevention systems to mitigate potential losses. This alignment is a crucial aspect of the regulator’s guidance (FG24/6), designed to assist PSPs in navigating the Amendment Regulations. The obligation to reimburse victims imposes a direct financial responsibility on PSPs.
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Singapore’s Competition Regulator Says No Merger Notification from Grab, GoTo
Fintech News
MARCH 19, 2025
The regulator has the authority to impose fines of up to 10% of a companys turnover in Singapore per year of infringement, capped at three years. It can also order corrective measures, including unwinding mergers or implementing remedies to mitigate anti-competitive effects.
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B2B Startups Land Funding For Risk Mitigation Tech
PYMNTS
OCTOBER 23, 2020
And while investors targeted an accounts payable payments startup as well as another platform designed to help other startups understand their equity, a common theme this week was investment in risk mitigation capabilities. Its cap table management solution targets startups to offer investor information and maintain ownership records.
Want the Cheapest Credit Card Processing? Surcharging May Be the Answer
Stax
JUNE 24, 2025
Implementing alternative payment options alongside surcharging can also help mitigate potential customer dissatisfaction, providing options for those who prefer to avoid the surcharge. Note: this can be mitigated with proper communication.) Yes, businesses must ensure surcharging is legally permissible in their jurisdiction.
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Wells Fargo Says Lift Asset Cap To Helps SMBs
PYMNTS
APRIL 6, 2020
But to do that, the bank may have to have its asset cap, placed there by law after a fake accounts scandal in 2018, lifted so it can do more to help, according to the Financial Times. Wells Fargo said it wants to help more with the federal government’s programs to disburse $350 billion in loans via the Paycheck Protection Program (PPP).
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What are Velocity Checks?
Fi911
DECEMBER 3, 2024
By setting a cap on the number of transactions a user can initiate within a specific period, velocity checks aid in reducing the incidence of fraud, thereby mitigating potential losses to merchants. How Do Velocity Checks Work?
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APP fraud: Mid-year review
The Payments Association
JUNE 16, 2025
An independent review of the policy’s effectiveness is scheduled for October 2025, which will critically assess its impact, including the liability cap, success in reducing fraud, impact on competition, and operational shortcomings. Reimbursement cap : The current £85,000 per-claim limit was introduced shortly before implementation.
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Abnk, Atome, Grab, and SeaMoney Earn Singapore BNPL Compliance Trustmark
Fintech News
APRIL 28, 2024
Introduced in October 2022, the BNPL Code of Conduct aims to mitigate risks of consumer over-indebtedness and ensure fair practices within the sector. It includes several consumer protections, such as limits on outstanding payments, caps on fees, transparent disclosures, and ethical marketing standards.
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The PSR’s new fraud refund rules: A step forward, but is it enough?
The Payments Association
OCTOBER 22, 2024
While this marks a significant step toward protecting consumers from authorised push payment (APP) fraud, concerns remain that the reduced compensation cap may leave some victims vulnerable. However, the decision to cap refunds at £85,000—down from an earlier proposal of £415,000—has sparked debate with various concerns.
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Merchant Account Reserves: A Strategic Risk Management Tool for Banks
Fi911
FEBRUARY 14, 2024
To mitigate this risk, banks may mandate the establishment of a merchant account reserve, which involves setting aside a predetermined portion of a merchant’s revenue. Once the cap is reached, no additional funds are held in reserve.
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Offline settlements with a digital pound: Lessons from the BoE’s report
The Payments Association
JUNE 16, 2025
Simon Treacy Financial Regulation Counsel, Linklaters “The Bank of England is cautiously exploring a digital pound, confirming offline functionality is technically feasible, though not without trade-offs like secure hardware and balance caps. Retailers and service providers may favour synchronous models to mitigate payment disputes.
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iFAST Global Bank launches instant FX trading for safeguarding and operational accounts
The Payments Association
OCTOBER 22, 2024
With 24/7 rate calls from live market sources, customisable tiers by trading amount, currencies, and notional volumes, and the ability to place trades even on currency holidays, iFAST Global Bank Instant FX Own Account trading mitigates a real pain point for EMIs and APIs third-party payments.
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Driving Efficiency in Loans Against Mutual Funds with Tailored Loan Management System (LMS)
M2P Fintech
APRIL 10, 2025
Supported by robust mutual fund collateral, LAMF enables financial institutions to extend lower interest rates to borrowers while significantly mitigating their own risk exposure. These loans typically offer 50% to 90% of their worth, with caps at 45% for equity funds and 75% for debt funds. How do Loan Against Mutual Funds Work?
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Announced at LEAP 2025: The Next Step for Saudi Arabia Financial Innovation
The Fintech Times
FEBRUARY 15, 2025
The enhancementsdevice fingerprinting, fraud analytics, and fraud management-as-a-service (FMaaS)offer businesses real-time fraud detection and risk mitigation capabilities.
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Scrapping the £100 Contactless Limit: What It Means for Consumers, Merchants and Security
The Fintech Times
MARCH 19, 2025
“Its vital that merchants adopt advanced fraud detection and prevention measures, real-time transaction monitoring, and behavioural analytics to mitigate risks. By staying proactive, merchants can maximise the value of contactless transactions while minimising risks.”
Stablecoins in Asia Are Stably Reducing Dependency on USD
Fintech News
DECEMBER 13, 2024
Most of these countries believe that local-currency stablecoins may provide an opportunity for them to retain control over monetary policies and mitigate the risks associated with foreign exchange volatility. Operating on Ethereum and other blockchain networks, XSGD boasts a market cap exceeding $18 million. With a market cap of $4.8
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MAS Bolsters Crypto Payment Rules, Here’s What You Need to Know
Fintech News
APRIL 2, 2024
To qualify as an accredited investor, an individual must demonstrate considerable financial robustness, evidenced by owning more than S$2 million in net personal assets—with the valuation of a primary residence capped at S$1 million—or possessing over S$1 million in net financial assets, or earning an annual income exceeding S$300,000.
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Ripple and Axelar Foundation Set a New Standard for Blockchain Interoperability on XRPL
The Fintech Times
FEBRUARY 29, 2024
Axelar network’s integration with the XRPL aims to help bolster the XRPL DeFi ecosystem by providing essential liquidity for stablecoins and large-cap assets. Axelar is built on a hub-and-spoke network topology, enabling swift containment and isolation of problems on connected chains, without sacrificing network liveness or security.
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BNPL Fraud On the Rise as Scammers Prey On Borrowers in Southeast Asia
Fintech News
SEPTEMBER 29, 2024
In Singapore, industry trade group the Singapore Fintech Association has introduced a BNPL code of conduct, which includes protections such as limits on outstanding payments, caps on fees, and transparent disclosures “to mitigate the risk of consumer over-indebtedness.” billion by 2025, reaching a total of US$8.83 billion.
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Amazon (AMZN) Analysis: Performance, Market Dynamics, and AI-Driven Insights as of June 17, 2025
Finextra
JUNE 17, 2025
High tariffs on Chinese imports, as noted by Zacks, could pressure Amazon’s retail margins, though the company’s diversified revenue streams—particularly AWS—mitigate this exposure. Traders must employ disciplined risk management, using tools like stop-loss orders, to mitigate these risks. However, risks persist.
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Three ways APP mandatory reimbursement can work for PSPs and victims of fraud and scams
The Payments Association
OCTOBER 21, 2024
Collaboration between regulators, law enforcement, and the counter-fraud community is needed to ensure the effectiveness of the reimbursement scheme and to mitigate emerging fraud risks. What’s next? The UK’s fraud and scams problem is not going away.
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How Do You Offset Credit Card Processing Fees?
EBizCharge
MAY 1, 2025
The following sections will provide five strategies merchants can use to mitigate the financial burden and impact of payment processing fees. This includes clearly communicating the surcharge to customers before purchase and limiting surcharging amounts to the legal amount, which is capped at 4% in the U.S.
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Dine-In Restaurant Stocks Rally On Vaccine News, But Food Aggregators And Pizza Chains Sink
PYMNTS
NOVEMBER 9, 2020
That caps a six-month, 135 percent bounce for the 45-year-old Dallas-based chain. We’re taking steps today to mitigate the current increasing rate of spread. For instance, shares of Brinker International, which operates or franchises about 1,600 Chili’s Grill and Bar locations and other eateries, were up 15 percent as of midday Monday.
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Understanding the Maximum ACH Transfer Limit
EBizCharge
SEPTEMBER 17, 2024
An ACH transfer limit is a cap placed on the amount of money that can be transferred via the ACH network in a single transaction or within a certain period, often a business day. Financial institutions set these limits to mitigate risk and ensure regulatory compliance. That said, ACH transfers do come with some limitations.
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Understanding Risk Management Strategies as a PayFac
Stax
AUGUST 22, 2024
To mitigate some of the financial risks, you can look into retaining a portion of the funds and creating reverse accounts. To reduce your risk exposure, set volume and transaction limits to cap the amount of losses your business can undertake. Review your risk mitigation and risk acceptance policies regularly and update them.
Visa Interchange Rates 2024: What You Need to Know
Stax
JANUARY 31, 2024
While you can’t avoid the rate hikes, there are strategies and resources available to help merchants mitigate the impact. Switch the above to card-not present and it’s 0.65% +$0.15, with a $2 cap Comparison with previous years According to the Wall Street Journal , the fee increases are going to largely target online transactions.
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“Outrageous” or “Positive News”? Reactions to Payments Regulator Reducing Fraud Reimbursement
The Fintech Times
SEPTEMBER 4, 2024
According to the PSR, the new cap still covers 99 per cent of APP scam claims, based on its review of more than 250,000 cases, only 18 of which involved losses exceeding £415,000. By reducing the APP fraud reimbursement cap, the PSR is not only enhancing security but also supporting the financial ecosystem’s growth,” Reddish commented.
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Payments Industry Seeks Delay in APP Fraud Rules Amid New Leadership at PSR
The Fintech Times
JUNE 10, 2024
However, the Payments Association and some of its members argue that this cap could harm smaller payment providers. In May, they wrote to the British Economic Secretary to the Treasury, Bim Afolami, advocating for a lower cap of £30,000, which aligns more closely with the average APP fraud loss.
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New Bank of Bahrain Investment Product Pairs Bitcoin Growth Potential With Capital Security
The Fintech Times
OCTOBER 7, 2024
The launch of the Bitcoin-linked structured investment aligns with the Bank’s strategy to enhance its product suite, particularly for wealth management clients, by providing tailored solutions that balance growth potential with risk mitigation.
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Ahead Of Apple Earnings, Apprehension Over Apps?
PYMNTS
NOVEMBER 1, 2018
After all, a $1 trillion market cap implies hefty expectations for the tech giant. Yet the deceleration could hit services revenues for Apple, and thus may be a headwind for overall top-line growth expectations of 25 percent, with a mitigating factor possible from licensing and Apple Care. consumer headed into the holidays.
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Approaching Trade Finance From The Payables Side
PYMNTS
MARCH 13, 2020
Now you have a perfectly good supplier capped out with their line of credit, and they have a buyer that doesn’t really want to accelerate payment on their behalf.”. Not every corporate buyer can pay an invoice early, even with an early payment discount, he added.
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5 Top Fintech Trends That Will Shake Up Singapore In 2025
Fintech News
JANUARY 21, 2025
Source: MAS However, the implementation of CBDCs requires careful planning to mitigate challenges such as cybersecurity risks and implications for monetary policy. Take for instance, the StraitsX Singapore Dollar (XSGD), which operates on blockchain networks and has a market cap exceeding USD $18 million.
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The Payments Association Invites Incoming Chancellor to Show Leadership, Unlock the Potential of UK Payments as an Enabler of Growth, and Effectively Combat Fraud
Fintech Finance
JULY 4, 2024
The association is not against the £415,000 cap but it urges the Chancellor to ensure that scam claims above £30,000, which account for less than 5% of total cases, must have a full review over a sensible period of time, proper police reporting, and being investigated in full rather than reimbursed on a mandatory basis.
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How Visa and MasterCard Shape the Payments Industry
Clearly Payments
FEBRUARY 12, 2024
Interventions such as countries putting caps on interchange fees and mandates for transparent pricing aim to foster competition and protect consumer interests. Interchange fees, a significant source of revenue for Visa and Mastercard, are subject to regulatory oversight.
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An Overview of Interchange Rates and Payment Processing in the EU
Clearly Payments
AUGUST 1, 2024
The IFR introduced caps on interchange fees for consumer debit and credit card transactions, setting a maximum of 0.2% These technologies can analyze transaction patterns in real time, identifying suspicious activities and mitigating risks. of the transaction value for debit cards and 0.3% for credit cards. for debit cards and 0.3%
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Procurement Is Ground Zero For Cybersecurity Protection
PYMNTS
JUNE 23, 2016
So far, enterprise security solutions focus on strengthening the detection and mitigation of potential breaches within a corporate IT system or involve businesses taking out insurance in the event of a data breach. These insurance providers need tools to assess organizations to underwrite for breach insurance,” he continued.
Room To Grow: Why WeWork’s $20B Valuation Isn’t Crazy
CB Insights
AUGUST 2, 2017
WeWork surpasses Vornado’s market cap of $17.8B (as of 07/17/17) by over 12%. Additionally, WeWork has expanded its client base from small startups to large corporates like IBM , thus mitigating potential risks of being unable to sustain rental agreements. Boston Properties reportedly has 43.7
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Data Dive, Rainy Days Edition: Fines, Misses And Video Game Money Laundering
PYMNTS
JANUARY 28, 2019
While completely stopping such criminal activity is extremely difficult, several steps could be taken to mitigate the phenomenon, including monitoring the transfer of high-value goods in the game, identifying players with large stockpiles of V-bucks, and sharing data with relevant law enforcement agencies.”. So what did we learn this week?
The 33 New Faces on the FinovateSpring Demo Stage
Finovate
APRIL 24, 2024
Eqvista Eqvista’s cap table management tools enable companies, large and small, to optimize equity management and share values. The company offers smaller FIs ubiquitous and immediate access to accurate and validated information to help them mitigate risk and stay compliant.
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Walmart Amazon Whole Paycheck Tracker: 150M Prime Members And Super Bowl Commercials Take The Field
PYMNTS
JANUARY 31, 2020
The big winner in the headlines race this week was certainly Amazon, which dropped a stronger than expected Q4 earnings report capped off with the announcement that its Prime membership subscriptions had reached the 150 million user mark.
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Truth Less Strange Than Fiction Edition: Coupa, Amex/SMBs And IoT Cybercrime
PYMNTS
OCTOBER 17, 2016
That puts its opening market cap at $1.66 They noted that the vulnerability isn’t new but has resurfaced with the proliferation of connected devices and said they are working with some of the biggest device vendors on “a proposed plan of mitigation.”. billion, reports said.
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Tokenised Stocks: What They Are, What They Aren't, and Why They Matter
Finextra
JULY 7, 2025
While reputable and regulated issuers mitigate this risk (e.g., Imagine a world where a startup can do a tokenised equity offering, and its cap table is automatically maintained on-chain with every investor (from venture capitalists to a retail investor in another country) recorded transparently.
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