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Understanding the Dora Compliance: A Comprehensive Guide

VISTA InfoSec

The financial entities operating within the EU, as well as third-party service providers outside the EU that engage with financial institutions located within the EU, are required to comply with DORA by 17 January 2025. This ensures that systems can withstand and recover from disruptions.

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Understanding the Dora Compliance: A Comprehensive Guide

VISTA InfoSec

The financial entities operating within the EU, as well as third-party service providers outside the EU that engage with financial institutions located within the EU, are required to comply with DORA by 17 January 2025. This ensures that systems can withstand and recover from disruptions.

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Longevity Lessons From The Oldest US Credit Union

PYMNTS

As credit unions (CUs) face increased competition from traditional banks and new players from the FinTech crowd, many institutions ponder the same question: What can we do to keep our doors open? Mary’s Bank of Manchester, New Hampshire, holds the distinction of being the nation’s first and oldest credit union.

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Deep Dive: How Small FIs Use Third Parties, Gradual Integrations To Guide New Payment Rail Adoptions

PYMNTS

Businesses are accustomed to turning to their banks for access to payments services, so financial institutions (FIs) that wish to remain competitive need to be able to meet this need. Banks and CUs with the technical know-how may choose to forge direct connections with payment rail providers to get more control over how they use the service.

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How Corporates Are Driving US RTP Adoption

PYMNTS

In anticipation of continued appetite among banks and credit unions for access to real-time payments, payments firm Payrailz also announced Tuesday (June 18) its status as a third-party service provider to connect financial institution clients into The Clearing House’s RTP network.

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Mastercard and The Clearing House extend partnership on real-time payments

Fintech Finance

The RTP network was built for financial institutions of all sizes and serves as a platform for innovation allowing financial institutions to deliver new products and services to their customers. The post Mastercard and The Clearing House extend partnership on real-time payments appeared first on Fintech Finance.

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How to Stay Compliant with NACHA Requirements

EBizCharge

Financial institutions like banks, credit unions, and other network participants must adhere to NACHA guidelines to ensure smooth operations. Risk management Financial institutions and third-party service providers must construct and execute a risk-based approach to detect and prevent fraudulent ACH transactions.

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