The Fintech Times

MARCH 19, 2025

RehanaMitha, managing director at Edenred Payment Solutions Rehana Mitha , managing director at Edenred Payment Solutions, says: “Virtual cards and embedded finance are transforming the insurance industry by streamlining the claim payout process.

Payment Solutions 104

Payment Solutions Product Process Reconciliation 104

The Payments Association

APRIL 8, 2025

The challenges and priorities facing merchants in the evolving payments landscape over the next 12 months. It highlights key trends, such as open banking, tokenisation, and fraud prevention, which are crucial for merchants to remain competitive and secure. Why is it important? What’s next?

Fraud Prevention 88

Fraud Prevention Instant Payments Participant Alternative Payment Methods 88

The Fintech Times

MARCH 27, 2024

Form3 , the cloud-native account-to-account platform, has launched a new authorised push payment fraud (APP fraud) prevention solution, powered by Feedzai , the anti-fraud and financial crime software provider. The solution’s model is then able to detect 95 per cent of fraud at market-standard false positive rates.

Fraud Prevention 59

Fraud Prevention Faster Payments Financial Crimes Crime 59

Fintech Finance

MAY 19, 2025

now provides businesses with seamless access to all major UK payment schemes – Faster Payments, BACS, and CHAPS – enabling real-time transactions in GBP. Through this collaboration, payabl.

Payment APIs and Integration 59

Payment APIs and Integration Payee Fraud Prevention Payments 59

Faster Payments Council

MARCH 8, 2022

Faster Payments Council (FPC), a membership organization devoted to advancing safe, easy-to-use faster payments in the United States, today released the first edition of the Faster Payments Fraud Survey and Report. geographies, and provides a global context of faster payments and fraud.

Faster Payments 68

Faster Payments FPC Mitigation Payments 68

Faster Payments Council

MARCH 8, 2022

Faster Payments Council (FPC), a membership organization devoted to advancing safe, easy-to-use faster payments in the United States, today released the first edition of the Faster Payments Fraud Survey and Report. geographies, and provides a global context of faster payments and fraud.

Faster Payments 68

Faster Payments FPC Mitigation Payments 68

Payments Source

JANUARY 30, 2018

Global payment and fraud prevention provider Pelican is bringing its faster payments system to the North America market after working within the European SEPA Instant Payments scheme last year.

Faster Payments 62

Faster Payments Fraud Prevention Instant Payments Payments 62

Finovate

FEBRUARY 5, 2025

Worldpay plans to acquire AI-driven fraud detection company Ravelin. The acquisition will help Worldpay enhance its e-commerce offerings by adding fraud prevention technology and improve business clients’ authorization rates.

Acquirers 52

Acquirers Fraud Prevention Fraud Detection AI 52

PYMNTS

OCTOBER 12, 2018

For all the buzz about the advent of real-time payments, and the various opportunities it can reportedly unlock, the lingering uneasiness is that speed also brings the potential for more fraud. That fear, according to David Barnhardt, EVP of product at fraud prevention firm GIACT , is not unwarranted or unreasonable.

Faster Payments 73

Faster Payments Authentication Payments Enrollments 73

PYMNTS

AUGUST 3, 2020

In this week’s B2B Payments fraud roundup, PYMNTS examines the latest news as scams target the enterprise from both within and outside of company walls. Fraud Captures Faster Payments Council Attention. Million Stolen In Reported Cyber Fraud Crime Ring. ” $4.13

B2B 131

B2B FPC Scams Email Compromise 131

Fintech Finance

SEPTEMBER 25, 2024

Having given careful consideration to all the feedback and information received, the PSR board has decided that the maximum reimbursement limit for Faster Payments will be £85,000. It will also give firms strong financial incentives to continue to make improvements to their fraud prevention controls.

Scams 98

Scams Fraud Prevention Caps Faster Payments 98

Fintech Finance

MARCH 18, 2025

Key benefits of Edenred Payment Solutions Virtual Cards in Insurance: Easy Funds Management: e-money accounts are set up for insurers and seamlessly integrated with payment schemes such as Faster Payments and SEPA.

Payment Solutions 59

Payment Solutions Product Reconciliation Payments 59

The Fintech Times

JANUARY 17, 2025

Guavapay provides integrated financial solutions including cross-border and mass payment solutions, enabling customers to send money via SWIFT, SEPA, BACS, CHAPS and Faster Payments. Guavapay has formed strategic partnerships with major players to expand global payment options and strengthen its financial infrastructure.

Innovation 59

Innovation Technology Payment APIs and Integration Multi-Currency 59

PYMNTS

AUGUST 3, 2017

The faster payments get, the less tolerable waiting becomes for customers, businesses and other financial players. But in late July, one of the biggest waits in the payments industry came to an end. faster payments system, efforts by NACHA to standardize APIs across the industry and recent investments in blockchain solutions.

Community Banks 46

Community Banks Faster Payments NACHA Cross-Border Payments 46

PYMNTS

DECEMBER 6, 2018

Such a scenario stands as a terrifying example of not only the sophistication of criminals, but also the threat of fraud in a real-time payments environment. A holistic approach to fraud prevention is also needed. Look at [fraud prevention] from an enterprise level, not just a business unit level,” Ruark advised.

Faster Payments 53

Faster Payments AI Fraud Prevention Real Time Payments 53

Fintech News

OCTOBER 22, 2024

The study, which gathered insights from 114 fraud risk professionals across nine APAC markets in late 2023, found that payment systems and online banking have emerged as the primary concerns for fraud risk professionals across APAC, identified by 66% of the respondents as the most common type of threat observed over the prior 12 months.

APACS 123

APACS Online and Mobile Banking Fraud Prevention Fraud Detection 123

Fintech Finance

AUGUST 19, 2024

Kothari added, “As faster payments are adopted across fintechs and FIs, they will need a faster and better way to stay ahead. Unit21’s ACH fraud solution stops suspicious activity in its tracks and flags illicit behavior before it ever has a chance to become an issue.”

ACH 52

ACH Fraud Prevention AI Same Day ACH 52

Fintech Finance

AUGUST 1, 2024

Pay.UK , the independent, not-for-profit operator of the UK’s national retail payments systems, including Faster Payments, Bacs and Direct Debit, has announced the appointment of David Morris to the newly created role of Chief Operating Officer (COO). Morris previously held the role of Chief Technology Officer at Pay.UK

Fraud Prevention 98

Fraud Prevention Faster Payments Retail Payments Rules 98

Payments Source

JULY 1, 2020

s six major banking groups are now required to have implemented the new Confirmation of Payee (CoP) scheme for Faster Payments and Chaps as part of a regulatory push to tackle the rampant rise in Authorized Push Payment (APP) fraud.

Payee 117

Payee Faster Payments Authorization Payments 117

Fintech Finance

MAY 30, 2024

Mandy Lamb, Managing Director Visa UK & Ireland, commented: “The UK has one of the most developed payment systems in the world, but also sees some of the highest levels of account-to-account fraud. Visa has already reduced card payment fraud to historic lows, which we are very proud of.

Scams 52

Scams Faster Payments Fraud Detection AI 52

PYMNTS

MARCH 20, 2018

Australia has just rolled out the New Payments Platform (NPP), a system to facilitate faster payments in the country, but a recent speech by Michele Bullock, assistant financial system governor of the Reserve Bank of Australia (RBA), suggests there is more to be done to address fraud risks. Europe and U.S. In the U.S.,

Faster Payments 46

Faster Payments Central Bank Risk Same Day ACH 46

PYMNTS

MAY 7, 2019

In a statement, Citi TTS North America Payments and Receivables Head Alberto Casas said the acceleration of corporate transactions has introduced a greater need for faster verification capabilities – which, in turn, will support adoption of faster payment capabilities.

Verification 53

Verification Faster Payments Treasury Payment APIs and Integration 53

EBizCharge

MARCH 18, 2025

Why businesses should process credit cards in Sage 100 Sage 100 credit card processing offers multiple benefits that can enhance your invoicing process and the customer payment experience. Faster payment processing Delays in payment collection can negatively impact cash flow and overall business operations.

Credit Cards 52

Credit Cards Process Security Data Breach 52

PYMNTS

MAY 26, 2016

The Faster Payments initiative has made significant strides in the United Kingdom, so much so that the scheme has been held up as a model for other nations globally. The Faster Payments scheme has a goal of reaching every single consumer in the U.K.  Faster Payments scheme?

Faster Payments 40

Faster Payments Payments Real Time Payments Payment APIs and Integration 40

The Payments Association

OCTOBER 22, 2024

Financial institutions must adopt AI-driven solutions and collaborate closely to proactively combat evolving fraud threats. As of October 7, all UK payment firms making use of the faster payment system (FPS) are required to refund fraud victims up to £85,000 within five days under new rules set by the Payment Systems Regulator (PSR).

Rules 88

Rules Fraud Prevention Caps Deepfake 88

PYMNTS

OCTOBER 3, 2018

Faster payments in the U.S. But for all the powerful things that faster payments unlocks, in payments, in lending or in SMB transactions, there is the downside. Faster payments can mean faster fraud, and fraud is already a more than $1 trillion problem each year.

Faster Payments 40

Faster Payments Transaction Limits Payments Privacy 40

The Fintech Times

MARCH 12, 2025

The UK governments decision to scrap the Payment Systems Regulator (PSR) and merge its functions into the Financial Conduct Authority (FCA) has divided opinion across the financial sector. ” Could the move weaken fraud prevention? Ryta Zasiekina, founder of CONCRYT Some question if the change will be beneficial.

FinTech 59

FinTech Payment APIs and Integration Fraud Prevention Regulations 59

Finovate

OCTOBER 7, 2024

As October gets underway in earnest, Finovate’s Fintech Rundown shares news of expedited payments to help those impacted by hurricane Helene, another partnership to help new Canadians secure credit, as well as a major investment in cross-border payments and a big acquisition in the fraud prevention space.

FinTech 59

FinTech Fraud Prevention FPC Cross-Border Payments 59

The Fintech Times

DECEMBER 11, 2023

By combining Network’s card processing solutions with Huawei’s technology, the firms hope to support new payment players in the market as they attempt to capitalise on new revenue-generating avenues, including value-added services like cardholder self-service, control applications, and loyalty services.

Value Added Service 104

Value Added Service Fraud Prevention Facilitators Digital Payments 104

PYMNTS

DECEMBER 23, 2020

According to Evans, “instead of needing to have payments expertise in house — and having to build that expertise — payments orchestration allows businesses to outsource” that expertise to another firm, while avoiding the operational challenge of having to work with and integrate several payment and fraud prevention providers.

Gateways 109

Gateways RTP Payments Payment Gateways 109

Fintech Finance

NOVEMBER 13, 2024

Criminals leverage the complexities and speed of cross-border payments to obscure transactions and evade detection, especially through UK-based accounts. According to Gary Palmer, CEO and Founder of Payall, “APP fraud is a growing issue in cross-border payments.

Cross-Border Payments 98

Cross-Border Payments Cross-Border Law Enforcement Romance Scams 98

PYMNTS

SEPTEMBER 7, 2018

Faster payments pack a lot of potential – technologically speaking and in terms of usefulness. But with the power of faster payments comes the potential for faster fraud. Which means keeping pace isn’t just about speeding up the payments, but also about staying ahead of the fraudster.

Faster Payments 41

Faster Payments Same Day ACH Credit Union ACH 41

The Fintech Times

APRIL 11, 2024

. “We expect these adaptations to include enforcing pauses on payments from time to time, to validate a transaction when the payment is out of the ordinary, so consumers will no longer be able to expect faster payments to be fast.”

AI 110

AI Romance Scams FinTech Scams 110

The Payments Association

FEBRUARY 13, 2025

Faster payments and faster fraud As new payment use cases and systems take flight, new fraud risks naturally introduce themselves. Decreasing authorised push payment (APP) fraud, for instance, is still a key priority for the UKs Payment Systems Regulator (PSR) in 2025.

Authentication 88

Authentication Risk Compliance Fraud Detection 88

Neopay

SEPTEMBER 26, 2024

On September 25th, the Payment Systems Regulator (PSR) confirmed its decision on the maximum reimbursement limit for victims of Authorised Push Payment (APP) scams. Starting October 7th, victims of APP scams through Faster Payments will be eligible for a maximum reimbursement of £85,000.

Scams 52

Scams Fraud Prevention Caps Faster Payments 52

PYMNTS

OCTOBER 4, 2020

Last month, Nacha provided new resources for voice payments and cybersecurity. One called Voice Payments: An Introduction and Overview was intended to give information about conversational payment technology. ACH is a computer-based network for processing transactions.

NACHA 113

NACHA ACH Rules Nacha Operating Rules 113

The Payments Association

SEPTEMBER 30, 2024

The challenges and priorities facing merchants in the evolving payments landscape over the next 12 months. It highlights key trends, such as open banking, tokenisation, and fraud prevention, which are crucial for merchants to remain competitive and secure. Why is it important? What’s next?

Fraud Prevention 88

Fraud Prevention Instant Payments Alternative Payment Methods Participant 88