Compliance and Database - Payments Space

Atome Taps Ant Group’s OceanBase to Power Its Database Modernisation

Fintech News

MARCH 4, 2025

Atome, a buy-now-pay-later provider, has partnered with OceanBase , a distributed relational database developed by Ant Group, to upgrade its database infrastructure. To manage its increasing transaction volume, Atome will integrate OceanBase’s distributed database system.

Database

Database Best Practices Data Security Volume

What to Know About Tokenization

Basis Theory

NOVEMBER 12, 2024

Because sensitive card data is replaced by a token and cardholder data is stored off your systems, the PCI compliance scope is greatly reduced. The company then uses the tokenization platform to process and generate the tax document with the necessary sensitive information, without worrying about compliance.

Encryption

Encryption Payment APIs and Integration PCI DSS Returns

ISO20022: The big shift to structured addresses

Finextra

JUNE 27, 2025

Non-compliance may result in failed payments, operational inefficiencies, regulatory scrutiny, and reputational damage. Neglecting this may lead to payment failures, processing delays, higher costs, false compliance hits, and increased scrutiny from regulators and correspondent banks. All of which need updating to meet compliance.

Addressing

Addressing ISO 20022 ISOs Payment APIs and Integration

Reuse identity, reduce friction: up to 5X faster verification of trusted customers & users

The Payments Association

JUNE 29, 2025

This ensures ongoing compliance while minimising user friction. A 2023 Thomson Reuters Cost of Compliance Report found that 69% of firms cited a “lack of skilled resources” as a key challenge, alongside high staff turnover and undertraining due to cost-cutting, leading to increased risk exposure and process backlogs.

Verification

Verification Returns Checks Compliance

APAC Sees 23% Decline in Crypto Fraud

Fintech News

MARCH 24, 2025

Instead, this method requires users to provide key details such as an identification number, which are then cross-checked against government databases. Non-documentary verification enables verifying customer identities without requesting their identification documents (IDs).

APACS

APACS Verification Fraud Detection Money Laundering

Merchant Underwriting: What It Is, How It Works, and Why It’s Important

Stax

JANUARY 23, 2025

The merchant underwriting process helps reduce fraud (including chargeback volume), ensures compliance with regulations, and protects financial stability in the payment processing space. Key steps include application review, risk assessment, credit checks, and compliance verification. Learn More What is Merchant Account Underwriting?

Underwriting

Underwriting PCI DSS Money Laundering Processors

Encryption vs. Tokenization for Banking and Payment Professionals

Fi911

MAY 14, 2025

By the end, youll understand how to choose the right solution to protect your customers data while maintaining compliance and efficiency. databases). Database Protection : Securing databases that house customer information and transaction records. What Is Encryption? Example algorithm: Advanced Encryption Standard (AES).

Encryption

Encryption PCI DSS Online and Mobile Banking Database

The Rise of Synthetic Identity Fraud in Financial Services

Fi911

JUNE 20, 2025

These regulations focus on verifying that provided information matches databases, not whether the identity represents a real person. Cross-referencing SSNs with names and addresses across databases can reveal mismatches indicating synthetic identities. However, privacy regulations and data silos complicate comprehensive verification.

Identity Theft

Identity Theft Verification Database Authentication

QwikPay partners with iDenfy for compliance and security

The Paypers

JUNE 26, 2025

For a reliable and cost-effective compliance solution, QwikPay chose iDenfy to support its end-to-end onboarding and risk management processes due to its combination of global identity coverage, AI-driven biometric verification, and continuous AML screening, combined with startup-friendly pricing.

Compliance

Compliance Security AML Verification

Avoiding AI Pitfalls in Financial Decision-Making

The Fintech Times

FEBRUARY 19, 2025

. “Today’s AI systems have unprecedented power and innovation potential, but this technological leap requires an equal leap in our approach to compliance/risk management/institutional investment in responsible AI development.”

AI

AI Monetary Loss Risk Automation

How tokenisation has reshaped the future of payments

The Payments Association

MAY 28, 2025

Regulatory frameworks will inevitably follow, converting whats currently best practice into compliance requirements. Merchants no longer need to handle or store sensitive payment data, dramatically reducing both their compliance burden and vulnerability to breaches. Instead, a complex orchestration occurs between token requesters (e.g.

Credential

Credential Payments Issuers Visa

Top 100 Fintech Tools and Platforms for Businesses

Fintech Review

MAY 4, 2025

Today, finance leaders are not only responsible for budgeting and compliance, but also for enabling growth through smart, scalable technology choices. Modern finance teams rely heavily on embedded finance, SaaS fintech software, finance APIs, and cloud-based platforms to run everything from payments to compliance to cash management.

Payment APIs and Integration

Payment APIs and Integration FinTech Multi-Currency Embedded Finance

ConnectPay partners with InSoil for EU expansion

The Paypers

JUNE 16, 2025

Moreover, the move aims to improve the efficiency of transaction processes and ensure compliance for both investors and agricultural borrowers. The main goal is to allow users to conduct financial transactions directly on the InSoil website. InSoil currently counts more than 14,000 investors and has financed loans for over 2,500 farms.

Multi-Currency

Multi-Currency CBDC Financial Crimes Embedded Payments

NITMX partners with Mastercard to power Thailand's PromptPay

The Paypers

JUNE 20, 2025

Visa

Visa CBDC RTP Real Time Payments

Banking on Intelligence: The Global Sprint to AI Maturity in Finance

Finextra

JUNE 30, 2025

Automation of routine processes (like loan processing or compliance checks) is also significant (over half report using AI for automation). Morgan Stanley rolled out a GPT-4 powered assistant for its financial advisors (to query internal research databases). Fraud detection, compliance and customer service are prime areas of focus.

AI

AI Finance Fraud Detection Use Case

Mastercard teams up with enza to support fintech advancement in Africa

The Paypers

JUNE 19, 2025

Visa

Visa FinTech Financial Inclusion Embedded Payments

Zūm Rails partners with Western Union Canada

The Paypers

JUNE 17, 2025

While new options have emerged in order to facilitate transactions in real-time, building the technology to integrate these rails and supporting compliance protocols into their existing infrastructures requires significant time and resources.

Cross-Border

Cross-Border Payment APIs and Integration CBDC Financial Crimes

Tackling money mule activity: Takeaways from the FCA’s review

Neopay

JANUARY 30, 2025

The Financial Conduct Authority (FCA) has recently published its findings on how firms are using the National Fraud Database (NFD) and money mule account detection tools to combat financial crime. Some firms screened customers against the NFD but failed to submit their own cases, undermining the collective intelligence of the database.

Financial Crimes

Financial Crimes Fraud Detection Crime Best Practices

Sumsub Launches Australia DVS Verification for Secure ID Checks

Fintech News

FEBRUARY 5, 2025

By integrating with DVS, Sumsub ensures compliance with local anti-money laundering (AML) and Know Your Customer (KYC) regulations while reducing fraud and streamlining onboarding through automation. It also minimises the risk of penalties associated with non-compliance.

Verification

Verification Checks Security Due Diligence

Float partners with Adumo for improved in-store payments

The Paypers

JUNE 23, 2025

Credit Cards

Credit Cards CBDC Payments Cross-Border

Spreedly integrates Just-In-Time Card Updates for Visa Cards

The Paypers

JUNE 20, 2025

Credential

Credential CBDC Cross-Border Digital Currency

IFX Payments selects Form3 for its Verification of Payee solution

The Paypers

JUNE 12, 2025

Furthermore, Form3’s fully managed service is set to deliver compliance with regulations such as IPR and PSD3, while the company will provide rolling scheme updates without service interruption as well. Free Headlines in your E-mail Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Payee

Payee Verification Financial Crimes Payment APIs and Integration

European fintech myPOS completes first acquisition to strengthen presence in France

The Payments Association

JANUARY 28, 2025

Founded in 2019 in Lyon, Toporder provides a comprehensive cash register system, integrating business tools such as inventory management, accounting, statistical analysis, customer database management and more. to compliance with regulations, and an uncertain economic climate.

FinTech

FinTech Database Payroll Settlement

Medius launches Medius Payments

The Paypers

JUNE 26, 2025

The integration with the customers ERP ensures a synchronised audit trail, which aims to support compliance and streamlining reconciliation processes. This overall visibility from the invoice will capture the final payment in order to allow finance teams to operate with optimised security and efficiency.

Payments

Payments Embedded Payments Audit Multi-Currency

RS2 partners with Visa to optimise global payment processing

The Paypers

JUNE 25, 2025

The platform also ensures compliance with regulatory requirements within a secure, real-time processing environment. The upcoming ISO 20022 migration deadline in November 2025 further intensified the need for banks to upgrade core systems or risk operational inefficiencies and non-compliance.

Global Payments

Global Payments Process ISO 20022 Payment APIs and Integration

Lemonway acquires PayGreen to expand its ecommerce presence

The Paypers

JUNE 9, 2025

Acquirers

Acquirers Payment Service Provider (PSP) BNPL Cybersecurity

Mollie rolls out the Tap payment terminal

The Paypers

JUNE 19, 2025

Payments

Payments Online and Mobile Banking CBDC Digital Currency

ID-Pal Unveils Reusable KYC Solution

Finovate

JUNE 12, 2025

Deployed to power step-up authentication efforts for high-risk or high-value transactions, time-based re-checks for compliance requirements, as well as instant re-verification of returning customers, ID-Pal Once is already being used by the company’s customers in verticals ranging from financial services to telco to gaming.

Verification

Verification AML Returns Deepfake

Trust Payments partners with Trulioo

The Paypers

JUNE 9, 2025

Following this announcement, Trust Payments is expected to leverage Trulioo Workflow Studio, Business Verification, Person Match, Identity Document Verification, and Watchlist Screening in order to unify its onboarding processes, support regulatory compliance, and elevate the customer experience across regions.

Verification

Verification Payments Fraud Prevention Financial Crimes

AutoRek Unveils Reconciliation and Data Management Solution for Crypto, AutoRek Mion

Finovate

JULY 3, 2025

This comes as new regulatory frameworks on cryptocurrencies and digital assets from the Financial Conduct Authority and the European Union are putting additional compliance pressures on financial institutions. AutoRek Mion, in contrast, can handle both high precision numbers and very large numbers at high precision.

Reconciliation

Reconciliation Cryptocurrency Automation Database

Salt Edge partners with Tuum and LHV Bank

The Paypers

JUNE 19, 2025

Following this announcement, Tuum’s core capabilities, in partnership with Salt Edge’s Open Banking Compliance solution, are set to support LHV Bank in the process of providing more secure and efficient services.

Payment APIs and Integration

Payment APIs and Integration CBDC Compliance Digital Currency

Bonprix introduces Trustly A2A payments in Nordic countries

The Paypers

JUNE 12, 2025

For more information about Trustly, please check out their detailed profile in our dedicated, industry-specific Company Database. The company is headquartered in Hamburg, with further operations in France, Italy, and Poland.

Payments

Payments Financial Crimes Database Crime

BR-DGE partners with AstroPay to scale APM coverage

The Paypers

JUNE 10, 2025

For more information about BR-DGE, please check out their detailed profile in our dedicated, industry-specific Company Database. Free Headlines in your E-mail Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Cross-Border

Cross-Border Database Alternative Payment Methods Cybersecurity

Payabli raises USD 28 mln to expand embedded payments and AI tools

The Paypers

JUNE 20, 2025

Embedded Payments

Embedded Payments AI Payment APIs and Integration CBDC

Qualy embeds TransferMate payments to support global education

The Paypers

JUNE 12, 2025

Payment APIs and Integration

Payment APIs and Integration Cross-Border Cross-Border Payments Payments

Are Commercial Credit Bureau Reports Enough?

Trade Credit & Liquidity Management

JUNE 25, 2025

They must navigate a web of challenges ranging from cyber threats and regulatory compliance to the intricacies of global supply chains. Supplier risk, cyber risk, and regulatory compliance, such as Know-Your-Customer (KYC) and anti-fraud, now play a big role in business decisions. Here’s where credit bureau reports fall short: 1.

Risk Assessment

Risk Assessment Regulatory Compliance Assessments Legal

GiveCard partners with Visa for better disbursements

The Paypers

JUNE 27, 2025

The system supports programmes like housing aid, disaster relief, and research initiatives, all while maintaining AML and BSA compliance. This is key for underserved or unbanked individuals, as no SSN or ID is required.

Debit Card

Debit Card Payment APIs and Integration BSA Stablecoins

Affirm partners with Optty

The Paypers

JUNE 11, 2025

Payment APIs and Integration

Payment APIs and Integration Financial Crimes Global Payments Cybersecurity

DNA Payments partners with Down Hall Hotel & Spa

The Paypers

JUNE 12, 2025

Payments

Payments Financial Crimes Crime On-Demand

Zimpler becomes a Certified Payment Institution in Brazil

The Paypers

JUNE 8, 2025

Payments Institute

Payments Institute Central Bank Payments Cybersecurity

RTC of Southern Nevada partners with Masabi and Visa

The Paypers

JUNE 12, 2025

Financial Crimes

Financial Crimes Participant Crime Cross-Border

SEON launches AI-powered anti-money laundering suite

The Paypers

JUNE 12, 2025

Following this announcement, the company’s expanded offering will integrate fraud prevention and AML compliance, aiming to provide teams with access to a single platform to screen and monitor customers in real-time, manage alerts, investigations, and regulatory reporting.

Money Laundering

Money Laundering AI AML Financial Crimes