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FinScan Enhances Real-Time Payment Screening Solution for Faster Payments, Safer Transactions

Fintech Finance

Its latest enhancements include an enhanced architectural redesign to meet high-throughput transaction screening demands, ongoing support for additional integrations as organizations support new payment messages, and a redesigned user interface to accommodate complex workflows and accelerate review times for different payment messages.

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FinScan Enhances Real-Time Payment Screening Solution for Faster Payments, Safer Transactions

Fintech Finance

Its latest enhancements include an enhanced architectural redesign to meet high-throughput transaction screening demands, ongoing support for additional integrations as organizations support new payment messages, and a redesigned user interface to accommodate complex workflows and accelerate review times for different payment messages.

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Bank Of England Plans Panel To Standardize Payments Messaging

PYMNTS

continues its move to adopt the ISO 20022 payments messaging standard, the Bank of England is reportedly planning to create a panel aimed at streamlining the adoption of the standard for more efficient payments in the country. As the U.K. This is the latest initiative by the U.K. Earlier this year, the U.K.

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Faster Payment Becomes A Federal Case

PYMNTS

It’s the Feds versus the Free Marketeers, and the feud between them is over whose real-time payments (RTP) rails will rule them all. Real-time payment rails can gain ubiquity once third-party developers start leveraging them for new apps and other services,” Ledford told PYMNTS.

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Why Faster Payments Isn’t The Answer To Accounts Receivable Delays

PYMNTS

With faster payments functionality beginning to take off in the U.S., the outlook of how accelerated transaction times might impact B2B payments and, more specifically, the issue of late payments to suppliers, remains unclear. “We see faster payments coming into the U.S. and Europe have imposed.

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FinScan Enhances Payment Screening Solution to Help Fintechs Stay Ahead of Growing Complexity

The Fintech Times

Becki LaPorte , strategic advisor in the fraud and AML practice at Datos Insights, said: In a fast-changing geopolitical and tech landscape, compliance teams must screen payments against the latest sanctions, PEP, and dual-use goods lists to stay ahead of illicit activity.

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The Not-So-Beaten Path To B2B Payments Real-Time Ubiquity

PYMNTS

Further, one of the largest benefits to corporates of faster and real-time payments services is less about the speed and more about the data these networks are able to carry along with a transaction. What Faster Payments Hasn’t Solved … Yet. The world is moving more toward standards, and ISO is one of them,” said Halpin.

ISO 20022 117