Stax

APRIL 3, 2025

This requires the merchant to become a registered payment facilitator or PayFac. Fraud detection – Fraud detection and prevention measures identify and block any fraudulent activities in the payment system. Traditional tactics of fraud detection are no longer sufficient.

Payment Solutions

Finextra

JUNE 11, 2025

Moneylenders, traders, and Shroffs (money changers and bankers) facilitated credit and remittances. Colonial Era (17th Century - 1947): Introduction of Formal Banking The British colonial period saw the gradual introduction of modern banking principles and institutions, primarily to facilitate trade and administration.

Financial Inclusion

The Payments Association

MAY 16, 2025

By consolidating payment data from multiple providers, these platforms offer merchants a comprehensive view of payment performance, customer behaviour, and fraud trends. This visibility enables data-driven decision-making and facilitates effective troubleshooting of issues like high decline rates or chargebacks.

Transactions

Stax

MARCH 11, 2025

Settlement and funding At the time the payment processor sends a confirmation message to your payment gateway, it will also facilitate the transfer of funds from the customers account to your merchant accountthis is known as the settlement process. The provider must offer the features you need to facilitate your chosen sales model.

Online Payment Processing

Clearly Payments

NOVEMBER 13, 2024

This routing allows the processor to request authorization for the transaction from the issuing bank, which then approves or denies it based on factors like available funds and fraud checks. Security and Fraud Detection : The BIN can provide valuable data points that help prevent fraud.

Process

The Fintech Times

FEBRUARY 27, 2025

Emerging technologies makes this easier, facilitating a revolution in alternative asset investing.” ” Better fraud detection and invoice automation Angus Milledge, head of new business SMB EMEA, SAP Concur Cashflow is crucial for an organisation to survive.

AI

Clearly Payments

MARCH 14, 2025

Payment Processor Facilitates communication between acquiring and issuing banks. Card Network Facilitates Clearing : The acquiring bank forwards the transactions to the respective card networks, which route them to the issuing banks. Fraud Detection Reports : Analyze suspicious transactions using AI-driven fraud detection systems.

Credit Cards

EBizCharge

NOVEMBER 12, 2024

A fundamental element that every business leader should be well-versed in is the merchant account — a critical service that facilitates electronic payments. Merchant accounts act as intermediaries between businesses and payment networks, facilitating the secure transfer of funds from customers to your account.

Accounts

The Fintech Times

JUNE 14, 2025

Cindy Turner, chief product officer at Worldpay “Fraud mitigation isn’t just an on or off switch; rather, it’s a balance that requires merchants to understand how security, authentication, authorisation, fraud detection and the impact on the shopping experience work in harmony with one another,” said Cindy Turner , chief product officer at Worldpay.

Mitigation

Stax

MARCH 18, 2025

A payment processing system is a technology that facilitates the secure transfer of funds from a customer to a merchant. The processor facilitates the transaction by communicating with the payment gateway, issuing bank, and acquiring bank. 3D Secure (3DS) authentication and AI-powered fraud detection add extra security layers.

Process

The Payments Association

JANUARY 13, 2025

Stronger fraud detection and better industry collaboration are needed to protect consumers The Payment Systems Regulator’s (PSR) findings in its December’s Unmasking how fraudsters target UK consumers in the digital age report reveal a stark picture of the growing threat posed by authorised push payment (APP) scams.

Scams

The Payments Association

JULY 18, 2025

Protecting transactions against fraud and cyber threats is critical to building user confidence and supporting broader adoption. Embedding fraud detection into account-based payments, for example, helps ensure that speed and convenience don’t come at the cost of trust.

Payments

Fintech Finance

JUNE 11, 2025

Fraud mitigation isn’t just an on or off switch; rather, it’s a balance that requires merchants to understand how security, authentication, authorization, fraud detection and the impact on the shopping experience work in harmony with one another,” said Cindy Turner, chief product officer at Worldpay.

Authorization

Finovate

JUNE 9, 2025

Fraud prevention and identity verification FrankieOne launches new risk and compliance platform that offers fraud detection and identity verification. Cybercrime consultancy We Fight Fraud partners with Salv to facilitate intelligence sharing between financial institutions in Europe.

Credit Union

Finovate

JUNE 16, 2025

Control would be another benefit, as stablecoins could offer retailers full control over the payment rail and user data, and they could leverage stablecoins to enhance fraud detection efforts and improve analytics. It can also facilitate a faster time-to-market without the need to build infrastructure or receive regulatory approvals.

Stablecoins

The Payments Association

MAY 21, 2025

Financial institutions (FIs) grapple with complex, interconnected fraud and financial crime challenges. Real-time payment channels and transactions facilitate seamless economic activity and enhanced customer experiences, but also bring real-time threats. Static and inflexible fraud prevention solutions are no longer sufficient.

Fraud Prevention

EBizCharge

JANUARY 14, 2025

A payment gateway is a technology that facilitates the transfer of payment information between a customer and a merchants bank during an online or in-store transaction. Fraud detection and prevention are critical features of a payment gateway. Thus, AI-powered fraud detection is on the rise.

Payment Gateways

EBizCharge

NOVEMBER 27, 2024

It serves as an intermediary between a merchant and a payment processor, facilitating the transfer of funds during online transactions. Transaction settlement: After a payment is authorized, the merchant account facilitates the settlement process. This integration ensures a seamless and secure transaction flow.

Accounts

The Payments Association

FEBRUARY 17, 2025

AI plays a crucial role in fraud detection and compliance, ensuring that financial inclusion does not come at the cost of security. By facilitating secure data sharing and interoperability between financial service providers, open banking fosters competition, innovation, and greater accessibility for consumers worldwide.

Innovation

Fintech News

APRIL 24, 2025

billion analytics and fraud detection Acko Insurance 1.07 billion Perfios, a fintech SaaS company, focuses on real-time credit decisioning, analytics, and fraud detection. Company Valuation ($) Segment PhonePe 12.6 billion UPI-based payment platform BillDesk 1.59 billion digital payments Razorpay 7.5

FinTech

Stax

MAY 5, 2025

fraud triggers, insufficient funds). Fraud detection systems might not be active in the sandbox, leading to a false sense of security. It helps facilitate financial transactions, supports different payment methods, and offers security features to protect payments.

Payment Gateways

Finextra

JULY 3, 2025

It simply facilitates transactions by linking to your customers existing financial instruments, like bank accounts or credit/debit cards. What you must consider Check if the provider offers real-time reporting, fraud detection tools, and regulatory support. What is a digital wallet?

eWallet

Finextra

JUNE 14, 2025

Every time you tap or swipe a Mastercard, the company earns fees by routing the transaction through its network and facilitating authorization, clearing, and settlement between the merchant’s bank and the cardholder’s bank. This fundamental network model (shared with its main rival Visa) has proven enormously scalable and resilient.

Visa

Neopay

JANUARY 30, 2025

Given the significant role of money mules in facilitating fraud and laundering illicit funds, these insights are critical for financial institutions and payment service providers. Refine detection tool thresholds Adjusting fraud detection parameters can help identify mule activity across all stages of fund movement.

Financial Crimes

EBizCharge

MARCH 7, 2025

Faster customer payments: An Acumatica integration facilitates faster customer payments, providing options like click-to-pay links and a self-service portal for managing invoices. Opt for a PCI-compliant gateway with encryption, tokenization, and fraud detection tools to protect customer data and prevent chargebacks.

Payment Gateways

Stax

APRIL 8, 2025

They facilitate transactions by connecting merchants, credit card processors, and banks while establishing rules, regulations, and fees for processing payments. Payment processor fees Payment processors charge their own payment processing fees for facilitating transactions. These fees vary by provider and pricing model.

Credit Cards

The Payments Association

JULY 15, 2025

Machine learning and artificial intelligence ranked as the second highest priority at 53%, demonstrating strong industry commitment to leveraging advanced analytics for fraud detection and prevention. Blockchain and distributed ledger technology showed moderate readiness levels, with 40% achieving advanced or full preparation.

Financial Crimes

The Payments Association

FEBRUARY 10, 2025

Virtual IBANs (vIBANs) have become a key component of modern payment systems, enhancing payment reconciliation and facilitating cross-border transactions. Partnering with regional providers, leveraging AI for fraud detection, and conducting regular audits will ensure compliance, transparency, and operational excellence.

IBAN

M2P Fintech

APRIL 17, 2025

Initially, APIs were point-to-point connectors to enable simple integrations; with rapid innovations, they have now matured into a foundational layer supporting a wide range of use casesfrom customer onboarding and loan origination to card issuance and fraud detection.

API

The Payments Association

JUNE 23, 2025

Fraud detection is also encompassed by automation. Or in the platform’s capacity to segment merchants by industry, which facilitates more precise benchmarks and performance comparisons.

Technology

Fintech Finance

MAY 1, 2025

The FIS Money Movement Hub helps to harmonize the payments ecosystem within a financial institution by facilitating the integration of major payment networks within one solution, via a single API. The post FIS Harmonizes Payments With Launch of Unified Money Movement Hub appeared first on FF News | Fintech Finance.

Payment APIs and Integration

The Payments Association

APRIL 22, 2025

Stronger fraud detection and better industry collaboration are needed to protect consumers The Payment Systems Regulator’s (PSR) findings in its December’s Unmasking how fraudsters target UK consumers in the digital age report reveal a stark picture of the growing threat posed by authorised push payment (APP) scams.

Scams

Stax

NOVEMBER 14, 2024

Reducing Cross-Border Fraud Risk International transactions tend to have a high risk of fraud, so using a payment processor with robust security tools is essential. Multi-layered security solutions, such as tokenization, encryption, and advanced fraud detection, can reduce the risks associated with cross-border payments.

Credit Cards

Finovate

JANUARY 15, 2025

The act focuses on transparency, accountability, and controlling risks, especially when it comes to AI’s applications in areas such as credit scoring and fraud detection. Leveraging a third party regtech provider not only helps organizations reduce compliance costs, it also facilitates faster adherence to new rules.

Embedded Finance

EBizCharge

MARCH 31, 2025

Payment gateways: Payment gateways facilitate communication between merchants banks, card-issuing banks, and credit card networks to complete card transactions. A reliable Sage merchant services provider must comply with Payment Card Industry Data Security Standards (PCI DSS) to ensure secure transactions and protect against fraud.

Service Provider

Fintech News

DECEMBER 4, 2024

The infrastructure also facilitates the introduction of new features such as Advance Booking and Group Order, enhancing user convenience and experience. These models support innovations like tailored restaurant recommendations, loyalty rewards, and fraud prevention for its digital banks.

Fraud Detection

The Payments Association

JUNE 16, 2025

This has sparked growing frustration among financial institutions, especially in the absence of enforceable obligations for upstream platforms that facilitate fraud initiation. Compounding this is the uncertainty surrounding the application of the consumer standard of care, one of the few grounds on which reimbursement can be denied.

Scams