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

Fintech Finance

Recent Datos Insights research indicates that 91% of surveyed financial institutions (FIs) are making significant or moderate investments in payment modernization. However, many still rely on legacy AML compliance systems built for fewer payment rails, most of which are not aligned with real-time settlement workflows.

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

Fintech Finance

Recent Datos Insights research indicates that 91% of surveyed financial institutions (FIs) are making significant or moderate investments in payment modernization. However, many still rely on legacy AML compliance systems built for fewer payment rails, most of which are not aligned with real-time settlement workflows.

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

The Fintech Times

It aims to do so by enhancing the solution’s ability to amplify payment risk reviews, accelerate payment workflows, and integrate with payment ecosystems to support faster, frictionless payment operations on a global scale.

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From Paper to Digital: The Evolving E-Invoicing Mandate

Trade Credit & Liquidity Management

It provides a flexible, common platform and methodology for creating standardized, rich, and structured financial messages that enable interoperability among financial institutions, market infrastructures, and their customers worldwide.

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Can Faster Payments Meet Faster (And Higher) Consumer Expectations?

PYMNTS

s Faster Payments scheme indicate 129.7 million payments — totaling £112.6 As new faster payment infrastructures arise, some payment providers are turning to proxy services to distribute funds. Faster Payments with Proxy Services. Testing Faster Payments in Foreign Markets.

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FPC 2022 Fall Member Meeting

Faster Payments Council

The Fall Member Meeting will bring together FPC members for two days filled with presentations on the most pressing issues in faster payments, panel discussions with industry experts, roundtables on timely topics, and engaging networking opportunities.

FPC
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Canadian Firms Spending $5 Billion On Payments Processing

PYMNTS

6), highlighting both the cost of payments processing and the inefficiencies involved in the process due to a lack of transparency and data in payment messaging, especially for small businesses (SMBs). These points of friction lead companies to miss out on more than $5 billion in savings, researchers said.