Segpay

NOVEMBER 26, 2024

As we move our personal, financial, and governmental interactions to digital platforms, the need for reliable and efficient digital identity verification processes has become critical. Digital identity verification is the process of ensuring that an individual’s claimed identity matches their actual identity.

Verification

Nanonets

SEPTEMBER 25, 2024

For businesses processing thousands of bank statements daily—from insurance companies to financial institutions, bank statement processing presents a challenge and an even bigger opportunity for automation. In this article, we’ll explore applications of AI and automation for bank statement processing.

Process

Fintech News

MAY 20, 2024

Experts anticipate that by 2028, the majority of banking, investment, and insurance processes will be assisted or driven by AI technologies. The webinar, hosted on BrightTALK, will focus on leveraging passkeys to deliver secure and seamless user experiences in authentication processes.

FinTech

The Payments Association

OCTOBER 22, 2024

While users can still request refunds for amounts above the cap, this process may be more complex, raising questions about the adequacy of protection for victims of large-scale fraud. Additionally, behavioural biometrics can detect fraud by monitoring user actions like typing speed or mouse movements for signs of coercion.

Rules

EBizCharge

AUGUST 8, 2024

Salesforce is the go-to solution for businesses seeking to streamline their processes and achieve business outcomes that reflect efficiency and market responsiveness. The benefits of processing payments in Salesforce Salesforce payment processing integrates seamlessly into the CRM ecosystem, offering numerous advantages.

Processors

Seon

SEPTEMBER 11, 2023

Account takeover (ATO) fraud: Brute force or stolen information is used to access an existing, legitimate bank account. Neobanks are common targets of ATO fraud due to the ease of access and lack of real-world infrastructure. We’ve helped by listing some simple tips to share with your customers.

Identity Theft

EBizCharge

MARCH 12, 2024

Businesses that accept online payment methods can streamline the purchasing process for their customers and expand their reach to new audiences. Mobile payments streamline online shopping by providing a more convenient checkout process. With the boom in eCommerce, adopting ways of paying online is vital to healthy cash flow.

Credit Cards

PYMNTS

FEBRUARY 18, 2020

FIs and PSPs in Europe are particularly interested in robust fraud-busting technologies for SCA compliance, which is mandated under PSD2. Requiring multifactor authentication (MFA) could add frictions to companies’ payment systems and customer experiences, but such tools are necessary to enable smart authentication and compliance decisions.

Authentication

The Payments Association

APRIL 7, 2025

Continued investment in innovative fraud detection technologies and adaptive regulatory frameworks is essential to stay ahead of evolving financial crime threats. The existing technical mechanisms, like MFA and biometrics, will not be able to prevent this type of fraud.

Financial Crimes

Seon

JANUARY 29, 2024

Account Takeover Fraud Detection While it can be challenging to catch ATO attempts, these attacks can be detected by monitoring for out-of-the-ordinary account behavior. Deploying end-to-end fraud prevention and detection software helps you keep track of user activity and helps you spot suspicious patterns.

Account Takeovers

EBizCharge

JULY 16, 2024

Under NACHA’s stewardship, the ACH network processes various payments, including direct payments for payroll, social security benefits, tax refunds, and more. As transaction volumes or the complexity of the ACH services increase, institutions or service providers must enhance their fraud detection and prevention mechanisms.

NACHA

PYMNTS

SEPTEMBER 6, 2019

The number of facilities looking for alternatives has doubled since 2018, with 17 percent utilizing MFA to better protect against fraud. The need for newer, stringent authentication comes as call centers — especially those for banks and other financial services — are getting hit with increasingly sophisticated fraud.

MFA

PYMNTS

SEPTEMBER 7, 2017

All these sources represent unique perspectives from which we can draw inspiration to transform our products, processes and services. MN: We are a pioneer in applying behavioral analytics in the fraud and security space. PYMNTS: What is the most innovative thing you’ve ever done? bitcoin) and blockchain-based developments.

Same Day ACH

EBizCharge

MAY 12, 2025

With cyber threats on the rise and consumer security expectations at an all-time high, implementing a secure payment processing system has become a foundational business requirement not just a best practice. What are secure payment processing systems? Gramm-Leach-Bliley Act (GLBA): GLBA requires U.S.

Process

Segpay

DECEMBER 19, 2024

These providers offer features like single sign-on (SSO), multi-factor authentication (MFA), and identity governance, all delivered through a secure cloud environment. This streamlines the login process, reduces password hassles, and improves productivity.

Verification

EBizCharge

MARCH 21, 2025

A solid understanding of these practices enables businesses to establish accurate and efficient financial processes. AI systems use algorithms and data to recognize patterns, automate processes, and improve over time without explicit human intelligence. Will AI replace accountants?

AI

EBizCharge

FEBRUARY 13, 2025

What is NetSuite payment processing? NetSuite payment processing works by allowing businesses to directly accept, process, and manage customer payments inside this ERP system, further optimizing their internal operations. In addition to speed, security is a key component of well-rounded payment processing operations.

Processors