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Understanding Risk Management Strategies as a PayFac

Stax

However, several complex types of risks come along with this. Not only must PayFacs safeguard themselves and their clients against potential threats like fraud or cybersecurity breaches but also ensure PCI compliance , customer due diligence, and adherence to card regulations. could also be classified as operational risks.

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Bectran Introduces Next-Gen Bank Verification with Embedded Risk Scoring

Trade Credit & Liquidity Management

From a Press Release Dated March 6, 2025, Schaumburg, Illinois (Photo by Çağlar Oskay on Unsplash ) Bectran, a SaaS platform for credit departments, has launched a faster bank verification method with built-in risk scoring.