Cardfellow

JUNE 25, 2025

The burden of proof to show that a customer has been rightfully charged falls on you, and when consumers successfully dispute charges, you lose both the product sold and the revenue from that sale. Duplicate Processing / Paid by Other Means 12.7: Duplicate Processing / Paid by Other Means 12.7: The individual codes are: 10.1:

Disputes 98

Disputes Credit Cards Card Association Acquirers 98

Fintech News

FEBRUARY 2, 2025

After migrating its credit portfolio to Way4 in 2023, an Asian consumer finance brand JIVF reported, The new JIVF payment system, built on the highly configurable Way4 platform with its integrated online back- and front-office operations, ensures a digital-first customer experience.

Card Issuer 107

Card Issuer Issuers Multi-Currency Online and Mobile Banking 107

Clearly Payments

APRIL 17, 2025

Reconciliation involves making sure that the $10,000 actually arrived, that it matches the sales reports, and that there are no errors, missing funds, or duplicate payments. Identifying Discrepancies If something doesnt matcha transaction is missing, duplicated, or the amounts differthen the discrepancy is flagged for review.

Reconciliation 52

Reconciliation Payment Reconciliation Processors Payments 52

Neopay

JUNE 13, 2025

Following authorisation, the EBA advises NCAs to deprioritise the supervision and enforcement of several PSD2 obligations, including safeguarding of funds, standard consumer disclosures (such as charges and execution times), and open banking requirements.

Regulations 52

Regulations Duplicate Fraud Prevention Procedures 52

The Finance Weekly

MAY 16, 2022

Managing changes to reflect new elements of a business is difficult without time-consuming maintenance, and what-if modelling can be very challenging thanks to complex and dynamic relationships across multiple models that form the core plan. A spreadsheet is not a database, it is a personal productivity tool.

Payment APIs and Integration 130

Payment APIs and Integration Duplicate Database Rules 130

Fi911

JULY 19, 2024

List of Visa Chargeback Reason Codes: By Category Visa chargeback reason codes are divided into four main categories: Fraud, Authorization, Processing Errors, and Consumer Disputes. Duplicate Processing 12.6.2: It includes fraudulent transactions, account takeover, and identity theft. EMV Liability Shift Counterfeit Fraud 10.2:

Disputes 104

Disputes Duplicate Non-Bank Authorization 104

The Fintech Times

AUGUST 3, 2024

The Financial Conduct Authority (FCA) introduced Consumer Duty, aiming to improve consumer protection standards across the financial industry. In 2023, the FCA described Consumer Duty as a ‘cornerstone’ to of three-year plan to improve standards across the UK. Firms had to comply with these rules by 31 July 2023.

Consumer 59

Consumer Rules Duplicate Regulations 59

PYMNTS

JANUARY 19, 2018

Last July, it was discovered that the bank took advantage of 800,000 auto loan consumers by signing them up for insurance that they did not need or want. .” This technical glitch is the latest issue with Wells Fargo, which has been facing a stream of scandals since 2016, when it was discovered that employees had opened as many as 3.5

Duplicate 40

Duplicate Enrollments Debit Card Payments 40

Nanonets

MAY 23, 2025

Matching and reconciliation: The AI automatically matches incoming transactions with existing bills, invoices, or receipts in your system, helping prevent duplicates and streamlining the reconciliation process. This often leads to payment delays, duplicate payments, or overpayments when discrepancies go unnoticed.

Automation 52

Automation AI Duplicate Process 52

The Payments Association

JUNE 3, 2025

Tokenisation and the embedded finance boom Embedded finance is reshaping the consumer experience by integrating financial services into e-commerce platforms and apps. This enables rapid scaling of new payment use cases, without duplicating risk exposure.

Security 88

Security Payment Security Payment APIs and Integration Credential 88

Finovate

MARCH 31, 2025

Automatically flagging and stopping non-compliant transactions at the point of purchase helps businesses avoid the time-consuming and costly communications that are often required in order to answer questions and resolve discrepancies when issues with purchase orders arise.

B2B 59

B2B Reconciliation Online and Mobile Banking Small Business 59

Payments Source

JULY 11, 2018

Since Amazon Go's announcement, there has been a rush to duplicate the company's cashierless store concept without the same level of tech investment. The latest competitors are focused on the cameras that identify items as consumers take them off of the shelves.

Duplicate 64

Duplicate Consumer Mobile Payments Digital Payments 64

PYMNTS

OCTOBER 1, 2020

Today, more than ever, consumers expect easy service and experiences in the palms of their hands — and financial services is no outlier in that trend,” she told PYMNTS. Security continues to be at the forefront of consumers’ minds.”. The Balancing Act.

Online and Mobile Banking 106

Online and Mobile Banking Disputes On-Demand Issuers 106

PYMNTS

JANUARY 23, 2019

A consumer pays a recurring fee and, in return, receives access to a selection of goods and services. Subscription merchants have duplicated this simple formula within every industry imaginable, but few today offer subscription services that resonate with what consumers want. So, what differentiates the best from the rest?

B2C 75

B2C Duplicate B2B Assessments 75

PYMNTS

AUGUST 5, 2020

Consumers today are looking for new avenues of at-home entertainment as many continue to lay low during the ongoing pandemic. While video streaming services remain popular, research indicates more consumers are also turning to online gaming and gambling platforms. Around The Digital Identity Ecosystem.

Bots 111

Bots Authentication Identity Theft Void 111

Fi911

MAY 22, 2024

Understanding payment reversals is crucial for both consumers and businesses, as they can impact financial stability and consumer trust. Duplicate Charges : If a payer is charged more than once for the same transaction, the duplicates can be reversed. What happens when a transaction needs to be reversed, though?

Payer 104

Payer Address Verification System (AVS) Disputes Payee 104

Tearsheet

SEPTEMBER 30, 2024

Financial products have become an integral part of strategy for retail brands, and for good reason: embedded finance allows brands to go from being behind the counter to connecting more deeply with how consumers spend, store, and save their money. Currently 53% of executives report working with three or more technology providers.

Embedded Finance 97

Embedded Finance Finance Payment APIs and Integration Duplicate 97

PYMNTS

DECEMBER 18, 2020

Promotions, discounts and rewards are key retail sales drivers, encouraging consumers to make purchases they would otherwise skip and driving up average receipt volume and overall revenues. Consumers redeemed more than $31 billion in eCommerce coupons in 2019, with untold other offers clipped from newspapers and receipts and cashed in stores.

Duplicate 110

Duplicate Scams Consumer Legal 110

FloQast

JUNE 12, 2024

While control ownership and execution functioned well, the Provided By Client (PBC) process was time-consuming, and external audit fees were high. “With FloQast, everyone on our team, including our financial statement auditors, knows where to go for information, and it eliminates the duplication of efforts,” concluded Kayli.

Compliance 105

Compliance Close Processes Audit Duplicate 105

Stax

MARCH 27, 2025

Thats why 92% of consumers and 82% of companies reportedly made the switch to electronic payments, like Electronic Funds Transfers (EFT) and Automated Clearing House (ACH). Plus, you can reverse or cancel ACH payments in cases of fraudulent transactions or duplicate payments. Checks can bounce, and cash can get lost.

ACH 88

ACH Electronic Funds Transfer (EFT) Wire Transfer Wires 88

Stax

MAY 13, 2025

Todays consumers expect flexibility at checkout. That leads to fragmented data, inconsistent customer experiences, and duplicated efforts. Whether its a technical issue or a chargeback dispute, having a real person to talk to can make all the difference. The right provider should feel like a partner, not just a vendor.

Credit Cards 88

Credit Cards Payment APIs and Integration Processors Online and Mobile Banking 88

The Finance Weekly

OCTOBER 27, 2022

Duplicate data entry is a tedious, error-prone, time-consuming, increasingly difficult to manage, and outright expensive process. Choose a , financial reporting software that can quickly import Excel and CSV files by integrating with your preferred cloud and on-premise applications.

Finance 130

Finance Database Duplicate Security 130

Fintech Review

FEBRUARY 27, 2024

Cost-to-Duplicate The cost-to-duplicate approach evaluates what it would cost to build another startup with the same product or service from scratch. The fintech sector is characterized by rapid innovation and shifts in consumer behavior, with regulatory frameworks evolving to keep pace.

FinTech 105

FinTech Duplicate Assessments Innovation 105

PYMNTS

NOVEMBER 3, 2016

“In a world that is increasingly digital by default, we are intently focused on servicing our cardmembers where they want and when they want,” Alice Milligan, chief customer and digital experience officer for Citi Global Cards and Consumer Services, said in the press release. Citi claims it is the only credit card issuer in the U.S.

Disputes 67

Disputes Credit Cards Card Issuer Duplicate 67

Neopay

FEBRUARY 27, 2025

Given the growth, the FCA and PSR engaged extensively with businesses and representative groups to assess the impact of digital wallets , finding significant benefits to consumers through greater convenience, enhanced security measures, and, for some, greater financial inclusion.

Alternative Payment Methods 52

Alternative Payment Methods Duplicate Assessments Financial Inclusion 52

Clearly Payments

OCTOBER 1, 2024

The transaction is processed quickly, often within seconds, making it appealing for both consumers and businesses. However, they might be less convenient for consumers due to the additional step of entering a PIN, which can slow down the checkout process. However, convenience often comes at a cost.

Contactless Payments 104

Contactless Payments CHIPS EMV Credit Cards 104

Nanonets

JUNE 19, 2024

Say goodbye to manual errors, time-consuming tasks, and financial discrepancies. Errors in logging payments correctly, duplicates, or missing entries may lead to incorrect reporting. Duplicate Payments: Without regular reconciliation activities, there is always a risk associated with processing payments twice.

Reconciliation 52

Reconciliation Process Accounts Duplicate 52

Trade Credit & Liquidity Management

JUNE 23, 2025

Manual data collection : Chasing documents, verifying references, and running credit checks consumes valuable time. No more duplicate data entries, conflicting terms, or disconnected workflows. Different data. Different truths. Slow customer onboarding : Credit decisions delay the start of revenue cycles.

CRM 52

CRM AI Risk Micro-Entry 52

Nanonets

MARCH 15, 2024

It is time-consuming, requiring long hours of work to reconcile accounts, generate reports, and perform financial analysis. However, this usually leads many to the conclusion that AI-based automation is not for them - it seems cumbersome, time-consuming and expensive to implement. It is heavy on synchronous communication.

Automation 59

Automation AI Accounts Duplicate 59

The Fintech Times

MAY 2, 2024

TPS’s partners will also be able to accurately track their environmental impact, embed carbon intelligence for their end consumers and cardholders, mitigate their emissions with high-quality carbon credits , and transparently report their progress. This approach prevents the duplication of credits and ensures clear transparency.

TPS 69

TPS Card Issuer Duplicate Blockchain 69

FICO

NOVEMBER 22, 2021

This busy and complex environment provides the perfect conditions for consumers to fall for scam deals or buy products that aren’t quite what they expected. Online fraud has become a massive issue, so it’s important to be aware of the impact on consumers as well. million fraud reports from consumers. In the U.S. by TJ Horan.

Scams 98

Scams Online and Mobile Banking Identity Theft Credit Cards 98

Fintech Finance

APRIL 10, 2025

Handling up to five cards, stored cards will block duplicates and even notify users if a card is expired while disallowing it to be used for payments. This new feature is available for both new and existing SWIVEL clients using SWIVEL’s Card Processing with quick and easy implementation at no additional cost to institutions.

Blocks 59

Blocks Regulatory Compliance Duplicate Payments 59

FICO

SEPTEMBER 5, 2017

One of the concerns management heard from agents before transitioning to FICO Debt Manager was that the system they were using wasn’t always able to post payments same-day, leading to duplicate outreach and frustrated customers.

Duplicate 49

Duplicate Posting Consumer Continuity 49

Nanonets

SEPTEMBER 1, 2023

Time-Consuming: Manual accounting work is time-consuming, requiring long hours to reconcile accounts, generate reports, and perform financial analysis. However, this usually leads many to the conclusion that AI-based automation is not for them - it seems cumbersome, time-consuming, and expensive to implement.

Automation 52

Automation AI Accounts Duplicate 52

PYMNTS

SEPTEMBER 27, 2018

The idea is to introduce more transparency into the process, which could serve to prevent outbreaks of foodborne illnesses and encourage consumer trust of the grocery goods on Walmart shelves. It’s a duplication of what the food system is,” he said. Those foods, in general, account for multiple uses per week for the average consumer.

Blockchain 78

Blockchain Origination Duplicate Database 78

Nanonets

JUNE 7, 2023

It is time-consuming, requiring long hours of work to reconcile accounts, generate reports, and perform financial analysis. However, this usually leads many to the conclusion that AI-based automation is not for them - it seems cumbersome, time-consuming and expensive to implement. It is heavy on synchronous communication.

Automation 52

Automation AI Accounts Duplicate 52

PYMNTS

DECEMBER 11, 2019

BoA’s mobile app provides consumers with personalized finance guidance. The virtual assistant also provides additional information for consumers who are enrolled in its Preferred Rewards program, which identifies the merit of a client’s total association with BoA.

Enrollments 52

Enrollments Duplicate AI Mobile Banking 52