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Visa Finalises Featurespace Acquisition to Bolster AI Fraud Detection

Fintech News

The acquisition is expected to bolster Visa s fraud protection capabilities and enhance security for its customers worldwide. Featurespaces advanced fraud detection and risk-scoring capabilities will be integrated into Visas existing portfolio of fraud prevention solutions.

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What Canadian Merchants Need to Know About International Payment Processing

Clearly Payments

Selling products and services internationally means facing new challenges, especially regarding payment processing, regulatory requirements, currency exchanges, and fraud prevention. Payment processing and data handling rules vary by country, and non-compliance can result in fines or a loss of customer trust.

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What is a BIN in Payment Processing

Clearly Payments

In payment processing, one component of the payment processing tech stack involving credit or debit cards is the Bank Identification Number or BIN. Although BINs play a critical role in how payments are processed and authenticated, they often go unnoticed by the average consumer or merchant. Why is the BIN Important in Payments?

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AI x Payments: From Fraud Detection to Hyperpersonalised Checkout

Finextra

Real-Time Fraud Detection: Defence at Machine Speed Traditional fraud systems rely on static rules and after-the-fact analysis. But fraud doesn’t wait, and neither can protection. Smart Checkout: Personalised, Predictive, Effortless Checkout is no longer a step in the process,it’s the moment of truth.

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Payment Processing USA: 2024 Market Overview

Clearly Payments

The payment processing market in the United States has demonstrated robust growth, driven by rising consumer demand for digital payments, advancements in financial technology, and the expansion of e-commerce. The value chain in payment processing involves multiple parties that play specific roles in facilitating transactions.

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The Ultimate Guide to Online Payment Processing

Stax

As a business owner, you must have a clear understanding of how online payments processing works to be able to create a hassle-free checkout process that will keep buyers coming back to your eCommerce store. Talk to sales How Online Payment Processing Works On the surface, online credit card processing happens in seconds.

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What is a Payment Processing System and How Does It Work?

Stax

To address evolving customer demands and accept electronic payments, you need a payment processing system. A good system plays a vital role in managing cash flow, alleviating fraud risk, and enhancing customer satisfaction. This article dives into what a payment processing system is, how it works, and its benefits.

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