Finextra

JULY 17, 2025

Market volatility and investment costs Severe market corrections and inherent volatility of equity markets have been major deterrents for casual retail investors from investing in mutual funds due to uncertain market returns. Stable alternatives like public provident fund (PPF) also reduced the investments.

Financial Literacy 52

Financial Literacy Online and Mobile Banking Payment APIs and Integration Regulations 52

PYMNTS

JUNE 17, 2020

At least, that’s what commercial card technology players believe, with this week’s rundown of the latest initiatives in corporate card solutions placing a focus on returning business trip volume. Amadeus B2B Wallet Expands Functionality.

Commercial Card 67

Commercial Card Returns Debit Card Reconciliation 67

EBizCharge

JULY 23, 2024

Unexpected expenses and insufficient funds can result in returned checks, leading to hefty fees and significant financial challenges. Therefore, businesses should understand the costs associated with returned checks to optimize their financial planning. What is a returned check fee? What is a returned check fee?

Returns 52

Returns Checks Electronic Funds Transfer (EFT) Direct Deposit 52

EBizCharge

OCTOBER 17, 2023

This article will explore the processes involved in ACH payments, explaining how to distinguish returns vs. reversals and answering common questions such as what is an ACH return and can you reverse an ACH payment? ACH transfers refer to the electronic transfer of funds between banks through the ACH network.

ACH 52

ACH Returns RDFI ODFI 52

Stax

JULY 9, 2024

The world of Electronic Funds Transfer (EFT) payments is vast, spanning just about every payment method you can think of. TL;DR An Electronic Funds Transfer is an umbrella term for payments that are conducted electronically—essentially, any payment method except for cash and paper checks. Q: Are EFT payments safe?

Electronic Fund Transfer Act (EFTA) 88

Electronic Fund Transfer Act (EFTA) ACH Electronic Funds Transfer (EFT) Funds Transfer 88

Payment Savvy

NOVEMBER 8, 2022

These organizations will group each ACH transaction into one bundle and transfer them through a fixed daily routine. The sender can pay a fee, which is completely optional, in return for the same banking day service. Unlike an ACH transfer, there is no fixed definition of an EFT transfer – at least not in the singular sense.

ACH 98

ACH Payments Debit Card Online and Mobile Banking 98

PYMNTS

SEPTEMBER 13, 2017

The Bureau’s recent supervision work has returned $14 million to more than 100,000 consumers, and found companies deceiving consumers and violating the law,” said CFPB Director Richard Cordray in a press release.

CFPB 57

CFPB Consumer Credit Cards Debit Card 57

FICO

NOVEMBER 10, 2020

Many of the world’s leading banks and card issuers trust our Falcon Platform , which protects more than two-thirds of the world’s credit card and debit card transactions from fraud, as well as other forms or real-time payments and consumer banking funds transfers.

Credit Cards 98

Credit Cards Consumer Card Issuer Issuers 98

M2P Fintech

MARCH 28, 2024

Annual Percentage Rate (APR) The APR is a standardized measure, expressed as a percentage, that reflects the total yearly cost of borrowing or the annual rate of return on an investment. Equity-crowdfunding Equity crowdfunding involves individuals investing in non-listed companies through websites and receiving shares in return.

FinTech 59

FinTech Online and Mobile Banking Push-to-Card Payer 59

FICO

JUNE 16, 2021

The Experience Of Returning Rotten Eggs. I decided that I wanted to return the item. In fact, the user experience of the ‘return goods’ was as good as the journey of buying them in the first place. Businesses don't always plan the next best action when the answer is 'No'. Three qualities stood out to me.

Returns 52

Returns Push-to-Card Addressing Consumer 52

PYMNTS

APRIL 2, 2019

When The Clearing House (TCH) unveiled the Real-Time Payments (RTP) system in 2017, it propelled swifter payments and brought about the next generation of fund transfers. That can lead to identity verification problems, resulting in returned or delayed transfers. in approximately four decades. .

Real Time Payments 49

Real Time Payments RTP Payer Irrevocability 49

Clearly Payments

JANUARY 25, 2024

of businesses are embracing Electronic Funds Transfers (EFT) as their second most popular choice. Accepted Payment Method Percentage of Businesses Cheques 73.40% EFT 58.90% Cash 55.30% Credit Cards 54.40% Interac e-transfer 50.00% Debit Cards 38.50% Wire Transfer 15.20% Cash and credit cards also maintain popularity, with 55.3%

Process 105

Process Online and Mobile Banking Electronic Funds Transfer (EFT) Digital Currency 105

Finovate

SEPTEMBER 20, 2024

It’s both because of its highly educated domestic workforce – a product of a strong education system, and also because Uzbekistan is benefiting from an influx of returning expats and a broad range of international tech specialists from neighboring countries. In addition, Uzbekistan has a deep tech talent base.

Innovation 122

Innovation FinTech Online and Mobile Banking On-Demand 122

Global Fintech & Digital Assets

DECEMBER 21, 2023

The bank typically pays a discounted price on the good or service in return for assuming the risk of fraud or default, and obtains the ability to collect installments equivalent to the full (undiscounted) price of the purchase.

OCC 59

OCC BNPL Electronic Fund Transfer Act (EFTA) Federal Trade Commission 59

Nanonets

MARCH 21, 2023

What is an ACH transfer? ACH (Automated Clearing House) payments are basically EFTs ( electronic fund transfers ) that use the ACH network to move funds between bank accounts in the United States. For smaller transaction sizes, they might send the funds earlier, especially if the customer is seen as low-risk.

ACH 52

ACH RDFI ACH Network ODFI 52

EBizCharge

AUGUST 28, 2024

This fundamental component of the banking industry enables the correct routing of funds for transactions such as direct deposits, wire transfers, and electronic funds transfers (EFTs). Entering the wrong ABA routing number can result in funds being sent to the wrong bank or returned to you.

Wire Transfer 52

Wire Transfer Direct Deposit Wires Wire 52

EBizCharge

AUGUST 28, 2024

This fundamental component of the banking industry enables the correct routing of funds for transactions such as direct deposits, wire transfers, and electronic funds transfers (EFTs). Entering the wrong ABA routing number can result in funds being sent to the wrong bank or returned to you.

Wire Transfer 52

Wire Transfer Direct Deposit Wires Wire 52

PYMNTS

DECEMBER 3, 2018

Instant payments, he said, offer a variety of use cases that span emergency fund transfers and, of course, peer-to-peer (P2P) transactions (splitting the bill, for instance). In reference to B2C payments, instant payments can cover compensation or reimburse consumers for returned goods.

Instant Payments 62

Instant Payments ISO 20022 Online and Mobile Banking Use Case 62

EBizCharge

OCTOBER 25, 2023

An ACH prenote is a preliminary transaction verifying and validating bank account information before initiating an electronic fund transfer (EFT). An ACH return may be sent back to the initiating bank or institution if there’s an issue with the transaction. What is a prenote? Cut-off times can vary from bank to bank.

ACH 52

ACH Direct Deposit Electronic Funds Transfer (EFT) Verification 52

Clearly Payments

JUNE 7, 2024

Funds Transfer Action : The payment gateway processes the capture request and transfers the funds from the issuing bank to the acquiring bank. Details : The transaction is now considered complete, and the funds are moved into the merchant’s account. credit card details), to the payment gateway.

Payment Gateways 59

Payment Gateways Gateways API Payment APIs and Integration 59

National Merchants Association

JUNE 16, 2022

You can initiate funds transfers, mobile payments, and investments from a smartphone tap. Types of crowdfunding Donation: Donation-based crowdfunding is when people give a campaign, company or person money for nothing in return. Rewards: This is when donors receive something in return for their donations.

FinTech 52

FinTech Online and Mobile Banking Gateways P2P 52

Nanonets

SEPTEMBER 8, 2023

First, let's delve into the mechanics of ACH and Wire transfers, followed by an exploration of their distinctions, guidance tailored for small businesses, and concluding with instructions on establishing ACH and Wire processes. ACH and Wire are both Electronic Fund Transfer methods. What is ACH?

Wire Transfer 52

Wire Transfer Wire Wires ACH 52

National Merchants Association

JUNE 16, 2022

You can initiate funds transfers, mobile payments, and investments from a smartphone tap. Types of crowdfunding Donation: Donation-based crowdfunding is when people give a campaign, company or person money for nothing in return. Rewards: This is when donors receive something in return for their donations.

FinTech 52

FinTech Online and Mobile Banking Gateways P2P 52

National Merchants Association

JUNE 16, 2022

You can initiate funds transfers, mobile payments, and investments from a smartphone tap. Types of crowdfunding Donation: Donation-based crowdfunding is when people give a campaign, company or person money for nothing in return. Rewards: This is when donors receive something in return for their donations.

FinTech 52

FinTech Online and Mobile Banking Gateways P2P 52

PYMNTS

DECEMBER 19, 2019

consumers the universal right to credit card charge reversals, while the Electronic Fund Transfer Act of 1978 affords the same rights to debit card holders. A clothing shop can have customers return items, which can then be placed back out on the floor. The Truth in Lending Act , signed into law in 1968, grants U.S.

Credit Cards 53

Credit Cards Point-of-Sale (POS) Disputes Laws 53

FICO

NOVEMBER 7, 2022

Lawmakers and regulators are concerned about whether FIs should be liable for scam losses, particularly under a piece of legislation known as Regulation E which relates to Electronic Fund Transfers. The law today holds that consumers are not liable for “unauthorized” electronic funds transfers.

Scams 52

Scams Authorization P2P Zelle 52

PYMNTS

JUNE 1, 2020

If you take something to return to the store, they take your credit card and give you the credit, but I haven’t seen that [in healthcare],” Sheeren explained. It also helps insured patients afford copays by letting them choose between checks and electronic fund transfers (EFTs) and issues financial aid grants via checks.

Electronic Funds Transfer (EFT) 55

Electronic Funds Transfer (EFT) B2C Checks Point-of-Sale (POS) 55

PYMNTS

NOVEMBER 20, 2019

million ACH electronic funds transfer (EFT) payments were made from health plans to health providers in 2018 — an 11.5 Many providers are also concerned about the potential return on investment (ROI). percent increase from the previous year. This put the value of ACH-based healthcare payments at $1.59

Real Time Payments 44

Real Time Payments Electronic Funds Transfer (EFT) ISO 20022 Payer 44

Stax

JUNE 27, 2024

Direct deposits – You can also receive direct payments to your bank account through ACH transfer. The most common types of direct deposits via ACH transfer include employee salary payments, government benefits, and tax returns. Also, unlike irreversible wire transfers, ACH payments can be returned.

Wire Transfer 88

Wire Transfer Wire Wires ACH 88

Payment Savvy

NOVEMBER 14, 2022

An electronic check is part of a large electronic banking system and a subset of transactions referred to as electronic fund transfers (EFTs). What’s more, as there is no tangible item to intercept, like in the case of paper checks, e-checks come with a lower risk of funds being stolen. How Does an Electronic Check Work?

Checks 52

Checks Direct Deposit ACH Online and Mobile Banking 52

Stax

APRIL 23, 2024

ACH transactions provide a quick and easy way to pay employees, submit and retrieve tax returns, and automatically control your finances within 1-2 business days. This type of deposit allows for the direct transfer of funds from one bank account to another without the need for checks, wire transfers, or cash exchanges.

ACH 88

ACH Direct Deposit ACH Network Wire Transfer 88

Clearly Payments

JUNE 21, 2024

Policies and Terms: Provide copies of your return, refund, and shipping policies. For digital goods, provide access logs or usage reports. Communication Records: Include emails, messages, or any other communication with the customer. Responding to a Chargeback: Timely Response: Respond promptly to the chargeback notice.

Disputes 52

Disputes Address Verification System (AVS) Credit Cards Best Practices 52

Stax

SEPTEMBER 24, 2024

Customers who buy from you are likely to return due to the cash incentive. Non-discriminatory – Federal regulations like the Electronic Funds Transfer Act (EFTA) have guidelines in place to ensure that cash discounts are offered to all customers who pay using cash without discriminating against customers who pay using credit.

Credit Cards 88

Credit Cards Electronic Fund Transfer Act (EFTA) Push-to-Card Debit Card 88

EBizCharge

SEPTEMBER 18, 2024

ACH payments refer to electronic funds transfers (EFTs) between financial institutions using the ACH network. RCK (Re-presented Check Entry): When a paper check is returned due to insufficient funds, the RCK code allows the check amount to be re-submitted electronically for payment. What are ACH payments?

ACH 52

ACH IAT ACH Network Direct Deposit 52

PYMNTS

MARCH 8, 2018

Instead, the company uses credit and debit cards, bank transmission and mobile wallets like Apple Pay or Android Pay to fund transfers. For recipients, providing electronic funds both saves travel time and removes the risk associated with collecting large sums of cash. Nazzaro asked.

Compliance 40

Compliance Cross-Border P2P Online and Mobile Banking 40

PYMNTS

AUGUST 9, 2017

In return, JD.com will gain access to UnionPay’s NFC technology. The plan, according to reports, is to attract more traffic through UnionPay’s interbank fund transfer network and to push for a wider adoption of its NFC payment technology, known as QuickPass.

Online and Mobile Banking 46

Online and Mobile Banking Payments Push-to-Card Mobile Payments 46

Nanonets

FEBRUARY 21, 2024

Conducted typically at the close of a shift or business day, cash reconciliation covers not only physical currency but also checks, credit and debit card transactions, electronic fund transfers, and newer forms of payment like digital wallets and mobile payment platforms.

Reconciliation 52

Reconciliation Best Practices Point-of-Sale (POS) Automation 52