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HSBC Hong Kong Announces New API For Instant B2B Payments

PYMNTS

HSBC Hong Kong ‘s new application programming interface (API) will simplify the payment system for businesses down to a one-stop payment hub, a press release says.

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Bank Of America Launches Business Treasury APIs

PYMNTS

In June, news surfaced that HSBC Hong Kong ’s new API will streamline the payment system for companies down to a one-stop payment center. The offering will allow companies to incorporate the instant electronic Direct Debit Authorisation (eDDA) into their own technologies in addition to real-time fund transfer services.

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Fiserv Detects More Than 90 Percent Of Fraud With Payment Fraud Manager Tool

PYMNTS

In a press release , Fiserv said Payment Fraud Manager, which was built to help financial companies detect and stop fraudulent electronic payments in real time, is one of the most advanced fraud prevention solutions for electronic fund transfers across all major settlement channels, including SEPA, SWIFT, Fedwire and ACH.

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CFPB, USAA Settle After Violations

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3) that it had reached a settlement with USAA Federal Savings Bank over allegations that the bank violated the Electronic Fund Transfer Act, among other transgressions. The Consumer Financial Protection Bureau (CFPB) announced on Thursday (Jan.

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