Stax

MARCH 18, 2025

Funds are settled and deposited into the merchant account – Once the transaction has been approved, the funds are deducted from the customers account and deposited into the merchant account or payment service provider account after settlement. Ideally, you want instant or same-day fund settlement.

Process

Clearly Payments

NOVEMBER 13, 2024

This routing allows the processor to request authorization for the transaction from the issuing bank, which then approves or denies it based on factors like available funds and fraud checks. Security and Fraud Detection : The BIN can provide valuable data points that help prevent fraud.

Process

Finextra

JULY 30, 2025

Fedwire, the Real-Time Gross Settlement (RTGS) service operated by the Federal Reserve and the backbone of high-value, time-critical interbank transfers, finally went live with ISO 20022 messaging on July 14, 2025. This enables better fraud detection, customer segmentation, operational efficiency, and product innovation.

ISO 20022

Fintech Finance

NOVEMBER 7, 2024

“Integration of AI into the processing of cross-border transactions is of critical importance to further strengthening global trade and commerce, especially for SMEs who up to now can’t afford real-time global settlement services.

Cross-Border

Stax

MARCH 4, 2025

TL;DR Online payments rely on API or hosted gateways with encryption and fraud detection, while in-store transactions require POS hardware with EMV chip technology and NFC capabilities. Settlement period – The length of the settlement period can significantly impact your customers cash flow.

Credit Cards

Clearly Payments

MARCH 14, 2025

It occurs in a matter of seconds but consists of multiple stages, from authorization to settlement. Stage 5: Reconciliation and Reporting Merchants and banks reconcile their transactions and generate reports: Settlement Reports : Acquirers and merchants review settled transactions. Credit Card Use Overview in USA and Canada In the U.S.,

Credit Cards

The Payments Association

JANUARY 21, 2025

Table of Contents Voices from the industry: Insights into the 2024 payments landscape In 2024, we witnessed a convergence between consumer and B2B payments, driven by the rise of BNPL adoption, AI-powered fraud detection, and the continued digitalisation of payment platforms.

Payments Trends

Stax

APRIL 24, 2025

Fraud Detection: A Key Focus When it comes to AI in the payments world, fraud detection is still the heavyweight champion, according to Sundt. “There’s merchant onboarding and there’s transactional settlement fraud that we focus on.”

Fraud Detection

The Payments Association

JUNE 16, 2025

29% of businesses find fraud prevention extremely challenging—making it the most severe concern across all payment-related issues. 39% of merchants plan to implement AI-driven fraud detection—nearly quadrupling current usage and signalling a strategic technology shift.

Innovation

Fintech Finance

JULY 8, 2025

RS2 has today announced the release of its latest whitepaper, “Real-Time Fee Calculation and Settlement for a Real-Time World ,”. million annually from fixed fee models and outdated overnight settlement processes. Real-time fraud detection using fee anomaly tracking and contextual risk scoring.

Acquirers

The Payments Association

AUGUST 4, 2025

Higher administrative costs Legacy platforms typically involve more manual reconciliation, fragmented data silos, and complex settlement cycles—burning valuable time and resources SMEs can’t afford to waste. This leads to cart abandonment, conversion drop-offs, and missed international opportunities.

Innovation

Clearly Payments

NOVEMBER 6, 2024

This market includes a range of services and technologies that facilitate the acceptance, authorization, and settlement of payments across various channels, including online, in-store, and mobile. They can also offer additional services like fraud detection, chargeback management , and analytics. Nearly 30% of U.S.

Process

Stax

MARCH 11, 2025

Settlement and funding At the time the payment processor sends a confirmation message to your payment gateway, it will also facilitate the transfer of funds from the customers account to your merchant accountthis is known as the settlement process. These mechanisms are not only more secure, they are also more convenient for customers.

Online Payment Processing

Stax

JANUARY 21, 2025

Fraud prevention features – Look for additional fraud prevention features like fraud detection, address verification, chargeback protection, and IP geolocation to enhance protection from fraud. This is known as the settlement time. The best thing is that you dont have to pay for anything you dont need.

Payment Gateways

The Fintech Times

MAY 10, 2025

AI is already transforming how we operate at Emirates NBDfrom document intelligence in trade finance to proactive fraud detection and intelligent customer interactions. “Blockchain presents opportunities in areas such as tokenised assets and real-time settlement, particularly in private markets.

AI

Finovate

JUNE 16, 2025

The retailer would use the stablecoin for internal settlement, supply chain payments, employee payroll, and in-store consumer purchases. The retailer could use its own stablecoin to power consumer incentives such as rewards programs, marketplace settlements, and cross-border payments. 2) What is your level of consumer trust?

Stablecoins

Fintech Finance

JUNE 25, 2025

Approval rules, fraud detection, and audit trails are embedded directly into the system. This reduces fraud exposure, improves visibility and enables fast, policy-aligned payments without the need for additional software or manual processes. To find out more about the new Medius Payments solution, visit the Medius website.

Automation

Stax

MAY 13, 2025

Some solutions also offer flexible settlement schedules and real-time funding, helping you stay ahead of cash flow crunches. Pro tip: Ask for specific settlement schedules and whether faster funding comes with added charges. Green flag: Built-in fraud detection, real-time alerts, and hands-on support for resolving disputes.

Credit Cards

Finovate

JUNE 9, 2025

Fraud prevention and identity verification FrankieOne launches new risk and compliance platform that offers fraud detection and identity verification. Cybercrime consultancy We Fight Fraud partners with Salv to facilitate intelligence sharing between financial institutions in Europe.

Credit Union

Clearly Payments

APRIL 17, 2025

Fraud Detection Discrepancies in records can be an early warning sign of fraud, theft, or unauthorized transactions. – Timing Differences: Settlements dont always happen instantly. Compliance and Auditing Regulatory bodies often require accurate financial reporting. Understanding net deposits can be tricky.

Reconciliation

Finextra

JULY 24, 2025

You’ll also see fewer errors, faster settlements, and reduced fraud. Are manual processes delaying settlements? So, you should choose a payment platform that has built-in fraud detection and risk scoring. Business impact of modern payment ecosystems A modern digital payment system brings more than just speed.

Digital Payments

The Payments Association

FEBRUARY 17, 2025

With the rise of real-time payment settlement networks, cross-border transactions are becoming instant, cost-effective, and more transparent. AI plays a crucial role in fraud detection and compliance, ensuring that financial inclusion does not come at the cost of security.

Innovation

Fintech Finance

FEBRUARY 20, 2025

Cybercriminals are exploiting payout systems with increasing sophistication, using malware, fake identities, and AI-driven phishing attacks to target funds from survey remuneration, loyalty cash-out, incentive programs, commission earnings, and class action settlements.

PCI DSS

EBizCharge

NOVEMBER 27, 2024

Transaction settlement: After a payment is authorized, the merchant account facilitates the settlement process. Fraud detection and security tools: Merchant accounts often include tools and standards to prevent fraud and enhance security, including Payment Card Industry Data Security Standards (PCI-DSS).

Accounts

EBizCharge

APRIL 24, 2025

Merchants should look for gateways equipped with payment security features, including tokenization to protect cardholder data, data encryption for secure transmission, fraud detection tools, and role-based access controls for managing internal user permissions. What reporting features can I access after integrating my payment gateway?

Payment Gateways

Finextra

JUNE 14, 2025

Every time you tap or swipe a Mastercard, the company earns fees by routing the transaction through its network and facilitating authorization, clearing, and settlement between the merchant’s bank and the cardholder’s bank. This fundamental network model (shared with its main rival Visa) has proven enormously scalable and resilient.

Visa

The Fintech Times

AUGUST 1, 2025

FIS will integrate its real-time payments and enhanced fraud detection solutions with Circle’s blockchain-native infrastructure, providing a scalable path for financial institution customers to adopt digital assets. The post Making Payments With USDC: FIS and Circle Announce New Partnership appeared first on The Fintech Times.

Stablecoins

Stax

NOVEMBER 14, 2024

Reducing Cross-Border Fraud Risk International transactions tend to have a high risk of fraud, so using a payment processor with robust security tools is essential. Multi-layered security solutions, such as tokenization, encryption, and advanced fraud detection, can reduce the risks associated with cross-border payments.

Credit Cards

Finextra

JUNE 13, 2025

Fraud detection systems, reducing false positives by 50%, as reported by Accenture. AI analyses user data to provide tailored insights, automating routine tasks. Key features include: Real-time chatbots handle 85% of customer queries instantly, per Juniper Research. Personalised budgeting tools based on spending habits.

Mobile Banking

Fintech Finance

MAY 1, 2025

While consumers’ expectations for payment ease and efficiency have increased, many institutions are struggling to meet these demands using dated and disparate technology, leaving them exposed to settlement delays and security vulnerabilities.

Payment APIs and Integration

Fintech News

NOVEMBER 12, 2024

To address these issues, countries part of the Association of Southeast Asian Nations (ASEAN) joined hand with the Bank for International Settlements (BIS) Innovation Hub to collaborate on Project Nexus. Click to Pay simplifies checkout, requiring only a registered email or phone number.

FinTech

Finextra

JUNE 18, 2025

In parallel, Payabli is working with Nvidia to develop advanced risk and fraud detection models trained on proprietary customer data to deliver tailored risk assessments specific to each customer’s business and industry. Sponsored [On-Demand Webinar] The final countdown: What’s next for Verification Of Payee?

Payment APIs and Integration

EBizCharge

JULY 17, 2025

Having a real-time, embedded NetSuite application for payment module improves cash flow by shortening the time between invoicing and settlement. These integrations can offer dynamic invoicing, advanced fraud detection, and customer data insights. Better data, cleaner books, and fewer late payments.

Payment Solutions

Clearly Payments

MAY 22, 2025

Settlement A settlement is when the funds from a transaction are actually transferred to the merchant. Batch A group of transactions sent for settlement at the same time. Bank Accounts & Settlements Merchant Account A special account used to receive card payments. 3D Secure An added layer of authentication (e.g.,

Online and Mobile Banking

The Fintech Times

MARCH 13, 2025

A common misconception is that cross-border payments are expensive and slow, but Local payment by Aleph reduces fees and settlement times through efficient payment processing. We also leverage advanced fraud detection and prevention technologies to protect our partners from fraudulent activities.

Cross-Border Payments

The Payments Association

JUNE 16, 2025

While this is a clear improvement in redress efficiency, some institutions have expressed concern that the emphasis on speed may come at the expense of fraud detection rigour, particularly in borderline or high-value claims.

Scams

Stax

DECEMBER 9, 2024

Strengthen Fraud Prevention Measures Implement robust fraud detection and prevention systems to minimize the occurrence of fraudulent transactions. Use address verification, CVV checks, and fraud scoring models to identify potentially fraudulent orders.

Credit Cards