Stax

NOVEMBER 21, 2024

These processes are facilitated by a network of financial institutions and technologies that work together to ensure the seamless and secure transfer of data and funds. The customer can make the credit payment physically by swipe, dip, or tap, depending on your point-of-sale (POS) system , which will capture the credit card details.

Credit Cards 88

Credit Cards Small Business Process Credit Card Payment Processing 88

The Payments Association

NOVEMBER 11, 2024

The European Trajectory: A Mixed Bag The European Union has been at the forefront of open banking regulation, primarily through the Payment Services Directive 2 (PSD2). PSD2 mandates banks to provide TPPs with access to customer account information (AIS) and payment initiation services (PIS).

Payment APIs and Integration 88

Payment APIs and Integration API Privacy Correspondent 88

Stax

MARCH 11, 2025

Now that we have established all the players and platforms involved in the online card payment process, here is a high-level breakdown of the steps involved in the transfer of the funds from your customers bank account to your business bank account. Some payment gateways use tokenization to secure sensitive customer details.

Online Payment Processing 88

Online Payment Processing Process Payment Gateways Online and Mobile Banking 88

The Payments Association

MARCH 18, 2025

Unlike open finance, which typically operates within regulated frameworks, open data relies heavily on voluntary data sharing and commercial agreements. This raises profound questions around privacy, consent, data security, and liability.

Finance 88

Finance Payment APIs and Integration Non-Bank Embedded Finance 88

PYMNTS

DECEMBER 13, 2018

financial services space, data security will also come into focus for corporate finance executives even more than today. As more data flows between platforms, it becomes more difficult for security experts to ascertain whether access to sensitive customer information has been granted by the customer or not. In the U.S.,

Treasury Management 62

Treasury Management Treasury Payment APIs and Integration API 62

The Fintech Times

OCTOBER 26, 2024

Payment initiation and account aggregation were frequently discussed, showing their potential to impact financial services. Interestingly, it appears that although Saudi banks were initially cautious about open banking, many are now recognising it as a valuable opportunity for growth.

Embedded Finance 59

Embedded Finance Finance Payment APIs and Integration Risk Assessment 59

PYMNTS

MARCH 27, 2019

Others are working toward tougher security, with Payments NZ , the organization governing New Zealand’s core payment system, releasing new API standards for account data and payment initiations. Meanwhile, telecommunications provider AT&T is launching its own API marketplace.

API 49

API B2B Near Real-Time Adjustments 49