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86% of Financial Firms are Still Not Fully Compliant With DORA: Clear Junction Highlights Hurdles

The Fintech Times

Nearly half of financial institutions were unprepared for the realities of the Digital Operational Resilience Act (DORA) regulation when it came into force in January 2025, global payments solution provider Clear Junction has revealed. Businesses also need to ensure that their third-party vendors meet regulatory standards.

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What is a Payment Orchestrator?

Clearly Payments

Unified Reconciliation and Settlement: By consolidating transactions from multiple providers, payment orchestrators simplify the reconciliation and settlement processes, reducing administrative overhead for businesses. This includes the cost of developers, consultants, or third-party vendors who specialize in payment integrations.

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JPMC Opens eWallet So Tech Firms Can Offer Virtual Bank Accounts

PYMNTS

Tech companies benefit by avoiding payment processing fees to third-party vendors whenever customers use their virtual accounts for payments, the report said, while JPMorgan benefits by being the sole payment processing and cash movement firm for tech companies that offer the eWallet to their customers. “A

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JPMorgan Develops Wallet To Help Tech Firms Offer Virtual Bank Accounts

PYMNTS

Tech companies benefit by avoiding payment processing fees to third-party vendors whenever customers use their virtual accounts for payments, the report said, while JPMorgan benefits by being the sole payment processing and cash movement firm for tech companies that offer the eWallet to their customers. “A

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The payments regulation roadmap: Q2 2025

The Payments Association

For payment firms and financial institutions, this is far more than a technical upgrade. Delayed preparation may result in incompatibility with global payment systems, transaction failures, data truncation, and increased regulatory scrutiny.