PYMNTS

SEPTEMBER 20, 2018

There is much left to be uncovered about this attacker,” FireEye said in a blog post , adding that the hackers will “continue to conduct interactive and financially motivated attacks.”.

Governance 67

Governance Government Government Payments Credit Cards 67

Core

MARCH 19, 2024

Not only do these losses impact the community at large, but payment fraud can also significantly undermine the integrity of local government operations for years. Procurement fraud can include kickbacks, bid rigging, or conflicts of interest between government employees and vendors.

Fraud Detection 52

Fraud Detection Governance Government Compliance 52

PYMNTS

APRIL 24, 2020

As local- and state-level government entities continue to run, it’s not business as usual for the public sector — particularly in the way these entities make and receive payments. Business-To-Government Payments. “Government entities cannot be in a position where their suppliers are compromised.

ACH 64

ACH Governance Government G2B 64

PYMNTS

DECEMBER 19, 2018

“NASA and its Federal cybersecurity partners are continuing to examine the servers to determine the scope of the potential data exfiltration and identify potentially affected individuals. And just this week, around 300,000 people had their personal data stolen in a breach of Click2Gov, a widely used government payment software.

Data Breach 70

Data Breach Breach Cybersecurity Social Security 70

PYMNTS

JANUARY 20, 2020

Yet analysts agree that the late B2B payments problem continues to worsen. publication The Times , small to medium-sized businesses (SMBs) face an extra hurdle when chasing down late payments: collection efforts can damage the buyer-supplier relationship. Among other strategies, the U.K. According to recent reports by U.K.

Legal 94

Legal Payments B2B Governance 94

PYMNTS

JANUARY 27, 2020

The Business Email Compromise (BEC) continues to evolve. Fraudsters are adding new twists to what has become an increasingly common scam targeting businesses’ B2B payments activity. BEC is not the only cyberattack causing corporate losses, however, as ransomware threats continue to ramp up as well.

Business Email Compromise 71

Business Email Compromise Scams Ransomware Real Time Payments 71

Neopay

SEPTEMBER 26, 2024

Payments have continued to play a vital role in the UK economy and in the coming years will see further developments and innovation to support the ever-changing needs of users, while keeping pace with global advances. The PSR also consulted on Faster Payments proposals to enable a phased rollout of VRPs.

Cross-Border 52

Cross-Border Faster Payments Payee Consulting 52

Core

FEBRUARY 6, 2024

The responsibility to safeguard public funds—and maintain trust with constituents—falls on government compliance managers, CTOs, comptrollers and auditors, finance teams, and Treasurers. Data Analytics and Monitoring Digital payment systems benefit from automated processes that streamline government payment processing.

Best Practices 52

Best Practices Governance Government Fraud Prevention 52

PYMNTS

NOVEMBER 8, 2017

Bank, to have landed a contract to operate GSA SmartPay 3, a government payments program. Through its collaboration with WEX, the partners will provide government agencies with fleet payment and management solutions, including fleet cards. Federal agencies deploy some of the largest fleets in the U.S.

Governance 40

Governance Government Commercial Card NOV 40

Fintech Finance

DECEMBER 12, 2023

Therefore, we are very proud to continue expanding this solution in Spain, hand-in-hand with a partner like RevoluPAY,” stated Eduardo Prieto, Country Manager of Visa in Spain. The post RevoluPAY introduces Visa Direct to enable instant P2P payments through RevoluSEND appeared first on Fintech Finance.

P2P 52

P2P Near Real-Time Facilitators Payments 52

The Fintech Times

OCTOBER 26, 2024

Future applications for open banking in Saudi Arabia may include better risk assessments for variable income, more efficient government payments, and pre-filled mortgage applications. Buy now, pay later (BNPL) was a common example, with the hope that open banking APIs could improve credit assessment for these services.

Embedded Finance 59

Embedded Finance Finance Payment APIs and Integration Risk Assessment 59

PYMNTS

JUNE 3, 2020

Bank-FinTech collaboration continues to proliferate in markets around the world. TrueLayer To Enable UK Government Payments. government to work with public sector entities and provide them with payment initiation services, according to reports in SmartCitiesWorld. An agreement with the U.K.

FinTech 68

FinTech Remote Deposit Capture Payer API 68

Clearly Payments

FEBRUARY 12, 2024

Visa and MC Drive Innovation in Payments Visa and Mastercard are at the forefront of innovation in the payment industry, continually introducing new technologies and solutions to meet the needs of consumers and businesses. The payments industry is so large that new startups will continuously work to take a slice of the market.

Visa 105

Visa Payments Payment Networks Online and Mobile Banking 105

PYMNTS

APRIL 9, 2020

Financial concerns caused by the temporary closures of many businesses as well as rising health concerns are leading many to request funds they have been waiting for — including rebates, insurance claims or government payments — as quickly and as easily as possible.

Checks 71

Checks Online and Mobile Banking Direct Deposit Scams 71

The Fintech Times

JUNE 21, 2024

Globally, ACI covers approximately one-third of the countries that offer real-time payments services, reaching about three billion people served by various organisations. These include central governments, payment networks, banks, financial institutions and fintech companies. How was this achieved?

Cross-Border Payments 59

Cross-Border Payments Cross-Border Process Instant Payments 59

PYMNTS

JUNE 3, 2016

the debate continues over the payroll card and whether it’s a tool to provide key resources for underbanked employees or one that unfairly burdens them with fees. At present, electronic government payments account for about 2 percent of the overall consumer spending market in the country, he said. In the U.S., ” .

Financial Inclusion 40

Financial Inclusion Payroll Government Governance 40

PYMNTS

JUNE 2, 2020

While individuals can typically file claims and check the status of payments online, some requests for new passwords are being sent through — you guessed it — the U.S. Add it all up and the stage may be set then for more modern ways to get government payments to recipients, chiefly through digital means.

Checks 53

Checks Federal Reserve Governance Government 53

The Payments Association

MAY 16, 2025

The regulatory framework governing payments continues to expand in scope, with increasing implications for merchants operating in the UK and EU. The Joint Regulatory Oversight Committee (JROC) is leading this evolution, which is expected to enter a formal implementation phase in 2026 and continue into 2027.

Regulations 88

Regulations ISO 20022 Cross-Border Legal 88

Fintech Finance

JANUARY 30, 2024

With new risks emerging all the time, AccessPay will continue to add new features to the Fraud & Error Prevention Suite to help protect against potential losses, legal liabilities, and reputational damage.

Payee 52

Payee Money Laundering Non-Bank Checks 52

PYMNTS

DECEMBER 12, 2019

continues to take significant steps toward a faster payments ecosystem , the market undoubtedly lags behind others across the world in the path toward real-time payments ubiquity. and Europe, lacks the same government push for change, and in some cases, mandatory changes. Though the U.S. unlike markets like the U.K.

RTP 72

RTP Real Time Payments Faster Payments Cross-Border 72

PYMNTS

OCTOBER 2, 2019

Whether they’re waiting to receive government payments, wages or rebate checks from online retailers, consumers increasingly demand that funds be sent instantly. Businesses, banks and payment providers worldwide are innovating the way disbursements are sent and received to better serve the needs of this group of consumers.

On-Demand 49

On-Demand Online and Mobile Banking Instant Payments Checks 49

PYMNTS

MAY 11, 2020

Others believe there’s a paper check coming but find no details on the IRS “Get My Payment” web portal set up to track the progress of funds. Government agencies must therefore begin thinking more about their payment infrastructure in the aftermath of the pandemic.”. People want answers.

Online and Mobile Banking 52

Online and Mobile Banking Multi-Currency Digital Currency Federal Reserve 52

Fintech Finance

DECEMBER 13, 2023

“With the state-of-the-art technology supplied by ACI Worldwide, we are in a strong position to drive the real-time and digital transformation of Colombia’s payments ecosystem as part of our journey towards a modern, digital, and financially inclusive economy,” Villar continued.

Real Time Payments 52

Real Time Payments Central Bank Financial Inclusion Payments 52

PYMNTS

AUGUST 6, 2019

Digital disbursements for pensions and government funds gained more traction in India this April, when the Reserve Bank of India’s (RBI’s) Committee on Deepening Digital Payments came together to discuss whether all government payments to citizens should be made through digital channels.

Instant Payments 43

Instant Payments Online and Mobile Banking Enrollments Payments 43

Open Banking

AUGUST 30, 2023

Among the key drivers of growth are single domestic payments, which recorded 10.5 This was propelled by several significant events, including government payments solutions and the onboarding of leading UK financial institutions and investment platforms. million transactions in July, marking an 8% increase from June.

Payments 52

Payments Financial Inclusion Credit Cards Message Standards 52

PYMNTS

NOVEMBER 8, 2017

“Originally, faster payment systems were primarily focused on the retail market [person-to-person (P2P) and person-to-business (P2B)], but increasingly business payments [business-to-person (B2P) and business-to-business (B2B)] are taking advantage of the benefits that faster payments offer,” FIS wrote in its report.

Real Time Payments 40

Real Time Payments B2B Innovation Faster Payments 40

Core

JUNE 21, 2023

In the latest Government Roundtable Series webinar, CORE’s SVP of Development—Alan Pyrz, VP Head of Government Sales—Justin Dillon, and VP of Marketing—Shash Cates talk with Julia Hanley, GM Global Digital Acceptance at Discover , about the second pillar in our series for government—prioritizing people.

Governance 52

Governance Government Online and Mobile Banking Enrollments 52

PYMNTS

OCTOBER 26, 2017

P-card fraud is a common problem across businesses and government entities large and small, he added, whether the headlines capture these cases or not. Because of the openness of government data, we tend to find problems in business-to-government payments more often,” he said. “At

Governance 43

Governance Government Payments Cybersecurity 43

PYMNTS

MARCH 14, 2018

“We were brought in by Thailand’s main interbank payments to provide its immediate payments solution, as well as to establish a multi proxy platform, allowing Thailand to enter the world of real-time payments. By taking a partnership approach, we generate more ideas and address more challenges,” he continued.

Financial Inclusion 48

Financial Inclusion Real Time Payments Mobile Banking Federal Reserve 48

CB Insights

DECEMBER 4, 2019

Continue to reduce any buying/selling friction. Payments made with Amazon Pay spiked following service expansion to new geographies — France, Italy, and Spain — and to new verticals, including government payments, travel, insurance, entertainment, and charitable donations.

Online and Mobile Banking 101

Online and Mobile Banking Push-to-Card Payment APIs and Integration Non-Bank 101

Clearly Payments

FEBRUARY 8, 2024

The payment landscape in the United States is intricate, continuously evolving to accommodate innovations and meet the changing demands of consumers. This article aims to provide an in-depth overview of the key regulatory organizations, payment regulations, and prevailing trends that shape payment regulation in the USA.

Regulations 105

Regulations Electronic Fund Transfer Act (EFTA) Federal Reserve Electronic Funds Transfer (EFT) 105

PYMNTS

FEBRUARY 10, 2017

Payments volume reportedly doubled in that time, though Amazon did not disclose any official figures to go with that claim. Amazon’s latest release also indicated continued strong growth on mobile, with 32 percent of transactions via Amazon’s payment platforms coming from devices. The service went online in France and Italy.

ATM 40

ATM Treasury Government Payments Visa 40