Fintech Finance

OCTOBER 9, 2024

and CBI joins their IBAN-Name Check expertise at the service of their respective communities in order to offer an interoperable solution to fight against fraud. The IBAN Name Check – VoP Service, is designed to ensure that IBAN codes are correctly matched with the names of beneficiaries before payments are processed. SEPAmail.eu

IBAN 105

IBAN Interoperability Payee Verification 105

Stax

DECEMBER 12, 2024

To choose a merchant service provider, compare pricing structures, review contract terms, check system compatibility, and prioritize responsive customer support. Check its scalability and security capabilities too to support your future growth. Check processing. It can also help minimize errors and risks of bounced checks.

Small Business 88

Small Business Online and Mobile Banking Volume Checks 88

TechCrunch Fintech

JANUARY 23, 2025

Devs often have to deal with a patchwork of brittle screen-scraping APIs to extract data from users’ financial institutions or worse, tools to process mounds of physical checks and paperwork. Three friends and entrepreneurs Jose […] 2024 TechCrunch. All rights reserved. For personal use only.

FinTech 108

FinTech API Checks Process 108

Finovate

JANUARY 13, 2025

Be sure to check back all week long for the latest updates. The week begins on the Fintech Rundown with news of product launches and new investments, as well as an acquisition in the digital banking space and a handful of partnerships in payments. million in funding.

FinTech 105

FinTech Settlement Payment Networks Acquirers 105

Fintech News

MARCH 4, 2025

By October 2025, Eurozone providers must conduct mandatory account name-IBAN checks for transactions. The EUs Instant Payments regulations, taking effect in January 2025, will require all payment service providers in the bloc to offer 24/7 instant payments.

Verification 107

Verification Risk Accounts Cross-Border Payments 107

Stax

MARCH 4, 2025

Otherwise, check whether the payment gateway provider offers an API key to help manually integrate the gateway to your website. Check for options like credit and debit cards, digital wallets (Apple Pay, Google Pay, etc), and Buy-Now Pay-Later (BPNL). Also, check for dunning management to manage and automatically retry failed payments.

Credit Cards 88

Credit Cards Payment APIs and Integration Payment Gateways Gateways 88

Fintech Finance

NOVEMBER 20, 2024

Afterpay , a leading Buy Now, Pay Later (BNPL), announced today its flexible payment functionality will be available for consumers checking out online through Google Pay at select merchants.

BNPL 98

BNPL Checks Consumer Finance 98

Payments Dive

APRIL 24, 2023

Card, ACH and check payment values climbed from 2018 to 2021, as cash was left behind, according to the Federal Reserve’s noncash payments study.

ACH 195

ACH Federal Reserve Fed Payments 195

Stax

JANUARY 21, 2025

They no longer handle cash and checks. Payment gateways help merchants accept multiple forms of electronic payments, such as credit or debit cards, digital wallets, and electronic checks. Check whether the payment gateway supports digital wallets like Apple Pay, Google Pay, and Cash App. This also applies to your customers.

Payment Gateways 88

Payment Gateways Gateways Payment APIs and Integration PCI DSS 88

Payments Dive

SEPTEMBER 4, 2024

Some customers deposited bad checks and immediately withdrew funds before the checks bounced in a glitch that went viral on TikTok. Now, some users have holds on their accounts.

Checks 147

Checks Accounts 147

Payments Dive

MAY 29, 2024

Roughly 72% of consumers say they swipe, dip or tap a debit card at the point of sale, a larger portion than credit cards, checks and digital wallets, according to a consumer survey by research firm J.D.

Debit Card 174

Debit Card Credit Cards Checks Research 174

Clearly Payments

NOVEMBER 13, 2024

This routing allows the processor to request authorization for the transaction from the issuing bank, which then approves or denies it based on factors like available funds and fraud checks. The bank also conducts fraud checks based on the BIN and other data.

Process 104

Process Processors Payments Compliance 104

Fintech Finance

MARCH 10, 2025

said: “To keep pace with evolving payments, organizations must streamline workflows, update their screening solutions, customize watchlists, and execute compliance checks in milliseconds with accurate results for instant payments. .” Deborah Overdeput, Chief Marketing Officer of Innovative Systems, Inc.,

Real Time Payments 98

Real Time Payments Faster Payments Transactions Money Laundering 98

Fintech Finance

FEBRUARY 24, 2025

Klarna will be automatically enabled as a default option in the Nexi check-out offering, allowing merchants to drive incremental revenue growth thanks to the added-value and flexibility that Klarna brings to shoppers. Nexi will enable its merchant customers across Europe to seamlessly offer Klarna’s payment method to their shoppers.

Online and Mobile Banking 96

Online and Mobile Banking On-Demand Facilitators AI 96

Open Banking Excellence

FEBRUARY 6, 2025

This vision extends to the private sector because while you may only have to interact with the government once or twice a year, people check their bank accounts on a daily basis. We want to establish a digital gateway for public and private sector services that will improve the day to day lives of our people.

Government 230

Government Governance Interoperability Central Bank 230

Fintech Finance

JANUARY 21, 2025

The EPC VOP scheme relies on exchanging VOP messages between payer and payee PSPs in accordance with the rules set out in the VOP rulebook and implemented on the basis of application programming interfaces (APIs) designed by the EPC.

SWIFT 98

SWIFT Payee IBAN RFP 98

Fintech Finance

JANUARY 22, 2025

Merchants can enable regional payment methods for more than 200 countries across Europe, Asia, Latin America and North America, ensuring every customer sees a familiar payment method when checking out.

Multifactor Authentication 96

Multifactor Authentication Alternative Payment Methods Payments Global Payments 96

Stax

JANUARY 23, 2025

Key steps include application review, risk assessment, credit checks, and compliance verification. Step 3: Credit Checks Financial analysts within the underwriting team or third-party credit reporting agencies review the merchants financial stability and credit history. Learn More What is Merchant Account Underwriting?

Underwriting 68

Underwriting PCI DSS Money Laundering Processors 68

Payments Dive

SEPTEMBER 14, 2023

The run-up in labor costs at Fidelity National Information Services has eased, and the paytech services company is eyeing AI to keep them in check.

AI 168

AI Checks 168

VISTA InfoSec

MAY 24, 2024

It is done to check whether only allowed data traffic is allowed between the card and the card and non-card data networks. It is done to check if the card data is secure and there are no data leakages. Note: If you are a Service Provider then it will be done twice every six months under Requirement 11.3.4.1. of PCI DSS. of PCI DSS.

PCI DSS 243

PCI DSS Small Business Assessments Compliance 243

Fintech Finance

NOVEMBER 22, 2024

The company checks a consumer’s eligibility before approving each purchase and provides a clear installment plan with friendly reminders to help shoppers keep on top of their payments. Klarna offers a fairer alternative to credit cards with strong guardrails which enable responsible spending.

BNPL 96

BNPL Technology Credit Cards AI 96

Fintech Finance

NOVEMBER 19, 2024

By teaming up with pay over time providers like Klarna, we are able to give Google Pay users more payment options when checking out, while providing merchants with another tool to drive growth.” Klarna on Google Pay will offer Google Pay’s consumers in the U.S.

BNPL 98

BNPL Global Payments Payment Solutions Finance 98

Fintech Finance

NOVEMBER 5, 2024

John Lewis’ customers can now choose to check out with Klarna’s interest-free Pay in 3 product allowing shoppers to spread the cost of their purchases over 60 days. Klarna , the AI powered global payments network and shopping assistant, and John Lewis & Partners have partnered to bring Klarna to JohnLewis.com and in the John Lewis app.

BNPL 98

BNPL Payment Networks Finance AI 98

Payments Dive

SEPTEMBER 25, 2023

Quick Checkout for Adobe Commerce powered by Bolt helps merchants streamline the checkout process and allows shoppers to check out with one click.

Checks 159

Checks Process 159

Fintech Finance

NOVEMBER 21, 2024

While traditional credit checks – widely used across the industry – have been effective historically, they are becoming outdated overly simplistic, and unfair to many as based on bias and averages. These checks often lack the granular, real-time insights into income and expenses that lenders need to assess customers fairly.

Credit Cards 95

Credit Cards Assessments On-Demand Rules 95

The Fintech Times

MARCH 6, 2025

With integrations to CRMs, identity checks carried out just once, data exchange, and clear, upfront information for all key parties, Coadjute ensures that transactions are completed without unexpected hurdles or unnecessary delays. Coadjute will remove the compliance burden that estate agents face by making comprehensive AML checks.

Compliance 59

Compliance Checks AML Transactions 59

Stax

JULY 9, 2024

From a consumer’s perspective, that means any transaction that doesn’t need a physical credit card, debit card, prepaid cards, or checks. Digital payments feature a multitude of benefits including: Digital payments streamline transactions by eliminating the need for physical handling of cash or checks.

Digital Payments 163

Digital Payments Online and Mobile Banking Contactless Payments Payments 163

Finovate

MARCH 12, 2025

“We want a customer to be able to check her phone to find out what she can afford, see which homes are just right for her, schedule a tour with a local, expert Redfin agent, and get pre-qualified for a loan, all in a matter of minutes.

Acquirers 95

Acquirers Duplicate Close Processes Finance 95

Fintech Finance

DECEMBER 5, 2024

Papaya Global’s AI Cycle Validation Agent ensures local compliance and data accuracy in real-time through end-to-end automation of the entire payroll cycle, as well as automated compliance checks. The results speak for themselves: 40% faster payroll processing time and 25% improvement in operational efficiency.

Payroll 97

Payroll AI Treasury Payments 97

Fintech Finance

DECEMBER 11, 2024

This reduction in processing time is a huge leap forward for legal firms struggling with time-consuming manual financial checks. The partnership has delivered remarkable operational improvements, cutting SoF verification from weeks to an average of 4 days, with 65% of reports returned within 48 hours.

Laws 98

Laws Transactions FinTech Legal 98

Fintech Finance

DECEMBER 20, 2024

WIth PalmPay now available as a payment method, shoppers on Jumia will now be able to pay for their purchases with the option to check out with their PalmPay wallet, ensuring a seamless user experience and transaction reliability through the direct integration.

Digital Payments 96

Digital Payments Economy FinTech Checks 96

Fintech News

FEBRUARY 4, 2025

Fraudsters use small transactions or sign up for free trials to check if a card is active. Using transaction velocity checks to monitor the frequency of transactions from a single source can help identify automated card testing activities. Once verified, these active cards are sold on the dark web for higher prices.

Fraud Prevention 97

Fraud Prevention Phishing Authentication Disputes 97

Fintech Finance

FEBRUARY 10, 2025

This landmark payment from Computershare highlights the growing demand for higher value instant payments, providing a seamless alternative to traditional wire transfers and checks while improving liquidity management in todays fast-paced economy.

Transaction Limits 105

Transaction Limits Instant Payments RTP Transactions 105

Finextra

JUNE 18, 2024

Bank-to-bank payment messaging network Swift is working to facilitate interoperability of Verifcation of Payee schemes across Europe as new research shows that 83% of SMEs across France, Germany, Italy and Spain rank upfront beneficiary checks as important to them in trading across borders.

SWIFT 132

SWIFT Payee Interoperability Payment Message 132

The Fintech Times

NOVEMBER 24, 2024

Roughly 25 per cent of consumers haven’t used a traditional checking or savings account in the past year. By teaming up with pay over time providers like Afterpay, we are able to give Google Pay users more payment options when checking out, while providing merchants with another tool to drive growth.”

BNPL 72

BNPL Alternative Payment Methods Credit Cards Payments 72

Fintech Finance

MARCH 10, 2025

said: “To keep pace with evolving payments, organizations must streamline workflows, update their screening solutions, customize watchlists, and execute compliance checks in milliseconds with accurate results for instant payments. .” Deborah Overdeput, Chief Marketing Officer of Innovative Systems, Inc.,

Real Time Payments 75

Real Time Payments Faster Payments Transactions Money Laundering 75