Finextra

JULY 10, 2025

When a payment fails — due to fraud checks, technical issues, or user error — it can result in lost revenue and a frustrated customer who may not return. Why Payments Fail Payment failures happen for all sorts of reasons — some financial, some technical, others tied to fraud checks or customer behaviour.

Transactions

Fintech Review

NOVEMBER 20, 2024

More than one billion individuals worldwide don’t have a checking or savings account. You see the final output, but not the process of how the technology works behind the scenes. What’s more, financial barriers continue to impact quality of life for people globally. One-third of adults don’t have access to a bank.

Cross-Border Payments

The Fintech Times

JULY 2, 2025

Through this expansion, banks in Belgium and the Netherlands can now perform mutual VOP checks. SurePay now processes 200 million VOP checks per month. This provides enhanced protection for cross-border payments within the EU, including for customers of these banks with accounts in other European countries.

Payee

Fintech Finance

MARCH 18, 2025

Many businesses today still rely on paper checks to disburse funds. Businesses can streamline reporting and reconciliation by eliminating the delays associated with check deposits, reducing administrative overhead and improving cash flow efficiency.

Payments

EBizCharge

NOVEMBER 12, 2024

Once you’ve decided, prepare the necessary documentation , which typically includes business licenses, financial statements, and details of your business checking account. Whereas point-of-sale (POS) systems are ideal for brick-and-mortar stores, enabling swift in-person payments.

Accounts

Fintech Finance

JULY 1, 2025

Thanks to this expansion, banks in Belgium and the Netherlands can now perform mutual VOP checks. SurePay now processes 200 million VOP checks per month. With this milestone, SurePay , Europe’s largest VOP vendor, officially welcomes Belgium into its rapidly growing European VOP community.

Payee

VISTA InfoSec

MARCH 13, 2025

You may also check our latest YouTube video on PCI DSS 4.0 These updates include increased flexibility for businesses and stronger authentication requirements, ensuring better protection in todays dynamic digital landscape. requirements which explains the changes from version 3.2.1

PCI DSS

Stax

APRIL 10, 2025

TL;DR You get to choose from traditional payment methods like cash and checks, online payment methods like digital wallets and ACH transfers, and emerging payment methods like BNPL services and cryptocurrencies. Your customer can give out a cashier check or a certified check.

Small Business

Fintech News

JANUARY 13, 2025

However, modern spend management tools can swiftly sift through vast amounts of data, check for duplicity, matches the claims with company policies, and process them in real time. Traditionally, it’s time-consuming for employees to submit claims and for the finance team to process and approve them. AI can be a game-changer here.

AI

Fintech Finance

FEBRUARY 6, 2025

CoPan account verification/name-checking service for UK-based paymentsprovides consumers greater assurance that they are sending payments to the intended recipient. Additionally, Banfico is a Pay.UK-certified certified CoP aggregator, enabling ACI to offer CoP services to new and existing Faster Payments customers in the UK.

Payment Service Provider (PSP)

Fintech Finance

JULY 2, 2025

Cross-border payments using rails like SWIFT are too expensive, too slow, and too opaque for enterprises trading with and across Europe. By partnering with ClearBank Europe, Orbital group gains direct access to real-time euro clearing, named IBANs, and SEPA infrastructure with full AML and KYC checks to ensure compliance.

Stablecoins

The Payments Association

NOVEMBER 28, 2024

Automated IBAN-name checks will also be required to comply with the new regulations. Transaction monitoring and exchange of fraud-related data: To combat fraud effectively, banks and payment service providers must monitor transactions and share fraud-related data to detect early signs and respond swiftly.

Authentication

Fintech News

JANUARY 20, 2025

Note that selling fees may apply, so check your exchange’s fee structure. How to Sell Cryptocurrency in Singapore To sell cryptocurrency, transfer your assets back to your exchange account. Place a sell order at the current market price or set a limit price. Once sold, withdraw your SGD to your linked bank account.

Cryptocurrency

Finextra

JULY 27, 2025

Past Trends Paper to Digital Ledgers: Cash and checks dominated corporate payables/receivables for decades. Commercial banks should onboard corporates as CBDC custodians, enable liquidity tokenization, and facilitate bridging CBDC to legacy payment rails like ACH and SWIFT.

CBDC

The Fintech Times

APRIL 4, 2025

To break this down even further, MENA is witnessing swift developments in regulatory frameworks with governments actively promoting innovation and fostering collaborations among fintechs, banks and regulators. Be prepared with a compelling elevator pitch to capture attention quickly.

Blockchain

EBizCharge

DECEMBER 23, 2024

The credit card payment process includes: Speed and convenience: Swift transactions are suitable for quick, one-time payments. They also reduce reliance on paper checks, streamlining cash flow. Unlike ACH, credit card transactions are processed through this network, allowing for rapid funds transfer.

Credit Cards

Neopay

JANUARY 30, 2025

Delayed and inadequate screening practices Only one firm in the sample performed real-time checks against the NFD. Conduct real-time screening Implementing continuous checks against the NFD can help firms detect fraudulent activity before it escalates.

Financial Crimes

The Payments Association

JULY 18, 2025

The new regime introduces FCA authorisation requirements for third-party BNPL providers, mandates affordability and creditworthiness checks, and grants consumers the right to access redress through the Financial Ombudsman Service. Firms should act swiftly to meet the new standards.

Regulations

Fintech Labs Insights

DECEMBER 2, 2024

But what makes Rho stand out : Focus on larger startups and mid-sized businesses Dedicated account manager for each client Embedded commercial-grade accounts payable (i.e.,

Bank Card

Fintech Finance

JULY 2, 2025

Department of the Treasury late yesterday urging prompt action to fully transition to secure, modern electronic payment methods and minimize the use of checks. Many of these checks are acquired through mail theft. Treasury checks are frequent targets for fraudsters. Treasury checks are frequent targets for fraudsters.

Treasury

The Fintech Times

FEBRUARY 26, 2025

In the statement, Bybit said: “This collaboration not only facilitated a swift response but also set a precedent for future cooperation between the crypto industry and regulatory bodies. All Bitgets users funds are securely stored on our platform and users can check the proof of reserve accordingly.

Breach

Trade Credit & Liquidity Management

JUNE 25, 2025

KYC, Compliance, and Sanctions Lists Adverse news, government debarment lists, sanctions, and legal histories should be checked to meet regulatory requirements and flag compliance risks. Banking and Financial Data via APIs With permission, fintech platforms can regularly access bank accounts for up-to-the-minute financial health checks.

Risk Assessment

Finextra

JULY 13, 2025

But equally notable is how Monzo evolved its product lineup beyond a simple checking account to become a broad financial platform. Monzo’s journey from a bold idea in 2015 to a fully licensed, multi-million-user bank within a decade is impressive on its own.

Payment APIs and Integration

Fintech Weekly

JUNE 5, 2025

You would not send a text or an email simply relying on those autocorrects—instead you need to double check them to make sure you are saying what you want to say. You need to have a system in place to double check. This has not gone well for the lawyers who did not double-check those case sites.

Risk

Payments Dive

JULY 21, 2025

While he stressed that the digital assets will likely never fully displace rails such as the Automated Clearing House and Swift, the passage of the Genius Act – which provides a federal regulatory framework for stablecoins – means that companies like Amex will take a close look at cryptocurrencies and how to use them, he said. “Are

Stablecoins

Finextra

AUGUST 1, 2025

Some systems also incorporate biometric checks like fingerprints or facial recognition for added precision. Artificial intelligence (AI) offers a proactive approach to threat detection, ensuring swift responses and reduced vulnerabilities.

Security

Fintech Weekly

JUNE 10, 2025

Automated Checks: Tools like linters, static code analyzers, and security scanners run first to flag basic issues. Here’s how mature teams integrate reviews into their CI/CD pipeline: Pull Request Process: Developers submit changes via pull requests, which trigger automated tests and a review workflow. In fact, the most critical battle.

Blockchain

Finovate

JUNE 16, 2025

For companies that have front office systems that need to report to back office systems or are transitioning from legacy infrastructures to new technologies, SmartStream checks and assures data integrity throughout the process. ” Founded in 2000, SmartStream made its Finovate debut at FinovateEurope 2022.

Reconciliation

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

VISTA InfoSec

MAY 15, 2025

SWIFT, the global backbone for secure financial messaging, plays a critical role in enabling fast and reliable cross-border transactions. But as cyber threats grow more advanced, financial institutions must implement robust SWIFT security controls to safeguard their systems and prevent fraud. SWIFT Environment Protection 1.2

SWIFT

Fintech Finance

OCTOBER 17, 2024

Swift today published new data which reveals continued progress towards meeting the G20’s goal for the speed of cross-border payments, reporting that 90% of cross-border payments made over the Swift network reach the destination bank within an hour.

Cross-Border Payments

PYMNTS

OCTOBER 7, 2020

In today’s top news, Oracle and Swift team up to provide fast cross-border payments, and House Democrats are advocating for big changes to Big Tech. Oracle, SWIFT Add Fast Cross-Border Payments For SMBs. Melio CEO: Helping SMBs Break Their Paper-Check Dependency. Plus, Macy’s invests in buy now, pay later (BNPL) provider Klarna.

SWIFT

PYMNTS

OCTOBER 15, 2020

But the transition is one that must consider, and maybe even embrace, several emerging options and payment rails in a bid to move data and money more quickly across borders, and move, decisively, away from paper checks. Real time and the ACH network can actually work together to displace paper checks.” Moving Beyond ACH .

Real Time Payments

Fintech Finance

JUNE 18, 2024

Swift today published the findings of research that shows Small and Medium Enterprises (SMEs) in the European Union feel positive about the EU’s Instant Payments Regulation, with many expecting it to save them money, improve their cashflow, and increase their competitiveness. One in five expect to be more competitive.

SWIFT

PYMNTS

APRIL 28, 2020

The new coronavirus swiftly impacted small- and mid-sized businesses (SMBs) rather harshly, with these entities now struggling to manage remote workers who need to send out paper invoices to suppliers and other business partners attached to checks. Why Macadoodles Still Relies On Paper Checks For Supply Chain Simplicity.

Checks

Finovate

APRIL 30, 2024

International banking technology company Veritran announced a collaboration with financial messaging services company Swift. As part of the collaboration, Veritran has joined the Swift Partner Programme. Swift GPI Tracker enables users to check the status of cross-border payments.

Cross-Border Payments

PYMNTS

AUGUST 23, 2019

Working together to solve these challenges was the main takeaway from a PYMNTS discussion between Karen Webster and Heather Lee, financial crime compliance and sanctions strategy at SWIFT , the global financial messaging co-operative. And to that end, we’ve seen growing engagement and co-operation across the industry.”. Rapid Growth.

Real Time Payments