EBizCharge

JANUARY 14, 2025

Local bank integration Local bank integration connects your site directly to banks for processing payments, which typically suits businesses targeting local customers who prefer bank transfers. It also supports international payments and transactions. Do payment gateways require special technical skills?

Payment Gateways 52

Payment Gateways Gateways Payment APIs and Integration Online and Mobile Banking 52

PYMNTS

JUNE 19, 2020

The most successful among them are adapting to this digital ecosystem by innovating new digital capabilities, as Justin Benson, CEO of cloud-based payments platform Spreedly, noted in an interview with PYMNTS. For more information on these stories and other payments orchestration headlines, download the Playbook.

Payments 75

Payments Money Laundering Regulatory Compliance AML 75

PYMNTS

JUNE 30, 2020

PayParc specifically touts its ability to read booking data and convert it to automatic payment execution as a way to help save costs. The platform is an interface of our international payment network,” said founder Taylan Taspinar , according to the press release.

B2B 79

B2B Payment APIs and Integration Shutdown Payments 79

PYMNTS

FEBRUARY 19, 2020

They seek to test every new payment type (across small and large merchants), as well as pinpoint weaknesses in firms’ fraud detection and mitigation programs. Lerdal pointed to P2P payments and eCommerce as key areas of attack. Today, however, that velocity is fairly commonplace.

ATM 67

ATM Point-of-Sale (POS) Fraud Detection Mitigation 67

The Payments Association

JANUARY 21, 2025

On a global scale, international currency trends, such as the U.S. dollar’s dominance in SWIFT transactions, remain critical for cross-border strategies, offering further opportunities to optimise international payment flows.

Payments Trends 88

Payments Trends Financial Crimes Cross-Border Payments 88

The Fintech Times

JANUARY 16, 2024

Reducing the cost of payments becomes imperative A confluence of factors from high interest rates to volatile credit markets are driving up the cost of payments and making liquidity management ever more challenging. Compliance controls, which are especially high for international payments, further increase costs.

Payments Trends 98

Payments Trends Risk Identity Theft Payments 98

PYMNTS

FEBRUARY 28, 2020

International payments are costly, and require a high level of competence [in] dealing with currency fluctuations, duties, insurance and drayage.” Rather, internal resistance to change might be organizations’ biggest threat. “Sales is probably the easy part,” said Cichy.

Automation 83

Automation Payment APIs and Integration B2B Accounts 83

PYMNTS

OCTOBER 2, 2018

Our success, as an organization, is built on our international payments expertise in the world of corporate and financial institutions payments,” AscendantFX’s global payments solutions vice president, Dan Caputo, said. In a press release Tuesday (Oct.

Cross-Border Payments 55

Cross-Border Payments Payment APIs and Integration Cross-Border Wire Transfer 55

PYMNTS

JULY 2, 2020

Many are now debating the role of auditors in fraud mitigation. The scandal has also prompted a top player in the international payments sector to hint that changes in how the sector is regulated should be considered as well. “As For its part, EY has in part blamed third parties for providing it with false documentation.

Audit 56

Audit Law Enforcement Mitigation Settlement 56

PYMNTS

DECEMBER 22, 2020

One study focusing on AP automation found that many firms are growing frustrated with manual payments, with 54 percent of large firms and 65 percent of smaller ones agreeing that such payments are time-consuming and error-prone.

Cross-Border 94

Cross-Border Innovation B2B Automation 94

PYMNTS

DECEMBER 23, 2020

Finding payment solutions that can address freelancers’ unique cross-border payments challenges is the next step for the businesses that employ them. Faster Payments And The Global Economy. Adding flexibility to freelancers’ payments requires businesses to first reexamine their current methods.

Cross-Border Payments 108

Cross-Border Payments Cross-Border Wire Transfer Wire 108

FICO

MARCH 5, 2018

Here are four examples of how we have seen payers assign responsibility for payment integrity: In a recent post we described the experience of a payer who had suffered a significant fraud loss while their one SIU employee was away during the Christmas – New Year’s holiday. A third party may be responsible for payment integrity.

Payer 40

Payer Law Enforcement Mitigation Payments 40

PYMNTS

AUGUST 29, 2018

Fortunately, there is something businesses can control: a calculated, well-executed hedging strategy that can help mitigate FX risks. There are many tools that international companies can use to protect themselves from FX risks, but most businesses lack the resources and expertise they need to design and enact effective hedging strategies.

International Payments 40

International Payments Risk Automation Global Payments 40

Fintech Review

MAY 4, 2025

Wise Business Provides borderless accounts and real-time FX conversions with transparent mid-market rates, removing hidden fees from international payments. Mercury A US digital bank for startups offering business checking, savings, and seamless domestic and international payments.

Payment APIs and Integration 76

Payment APIs and Integration FinTech Multi-Currency Embedded Finance 76

PYMNTS

MARCH 23, 2020

The cross-border payment problem . Businesses are somewhat limited in how they solve international payment issues. Companies’ payment platforms support certain currencies, but they cannot force freelancers to accept payments in denominations that they will not use.

Cross-Border Payments 61

Cross-Border Payments Cross-Border Wire Transfer Wire 61

Fintech Finance

MAY 15, 2024

As well as quicker settlement times and improved cash flow management, Ayruu will also benefit from the added security of single-use Virtual Card Numbers (VCNs) and spend controls to mitigate the risk of fraud in online payments.

Embedded Payments 52

Embedded Payments Payment Solutions Wire Transfer Payment APIs and Integration 52

Neopay

JANUARY 15, 2024

Scope and exclusions: The reimbursement obligation applies specifically to UK-UK payments through the Faster Payments Service. International payments are excluded, as are transactions involving other payment systems or payments made for illegal purposes.

Regulations 52

Regulations Fraud Prevention Mitigation Faster Payments 52

The Fintech Times

MARCH 31, 2024

SurePay’s VoP name-matching solution will operate domestically and cross-border, hoping to empower European, British and global banks to pre-validate international payments. It developed the service to help PSPs add a crucial layer of verification and risk mitigation to financial transactions.

Payee 59

Payee SWIFT Cross-Border Cross-Border Payments 59

PYMNTS

MARCH 19, 2020

Another way that firms could potentially mitigate some of the struggles with freelancer payments is through the introduction of technologies like artificial intelligence (AI).

Cross-Border Payments 77

Cross-Border Payments Cross-Border Economy Direct Deposit 77

PYMNTS

JUNE 30, 2020

We’re asking these questions to protect the client’s identity and protect the global economy, and to mitigate the risk of fraudulent funds from being sent,” Bermingham noted. As cross-border payments increasingly go digital, he said, banks and FIs benefit from transparency, speed and cost.

Cross-Border Payments 101

Cross-Border Payments Cross-Border Transactions Mitigation 101

PYMNTS

SEPTEMBER 19, 2017

The adage holds true in payments, especially, and manual processes are to blame. What follows are just a few of the important things every company should know about international payments solutions in today’s B2B payments landscape: 1. B2B Payments Via Banking Providers Are Slow And Expensive.

Process 46

Process SWIFT Payments B2B 46

Fintech News

JUNE 19, 2024

This stability makes them an attractive option for investors and businesses looking to mitigate the risks associated with crypto volatility, offering the benefits of digital currencies such as fast transactions and low fees without the drawbacks. The process flow to use StraitsX XSGD at the Singapore Fintech Festival 2022.

Stablecoins 110

Stablecoins Cross-Border Cross-Border Payments Blockchain 110

PYMNTS

AUGUST 9, 2019

8) that three unnamed sources revealed Citi is advising on the process as GPS, which provides foreign exchange services to mitigate FX risk for corporate clients, seeks a buyer. Corporate foreign exchange brokerage GPS Capital Markets is reportedly up for sale, unnamed sources told PE Hub. The publication reported Thursday (Aug.

Cross-Border 43

Cross-Border Risk Mitigation Cash Management 43

PYMNTS

FEBRUARY 25, 2020

This week, Kyriba announced the debut of the Kyriba Payments Network, a solution designed for treasurers and CFOs to unify and streamline their payments activity in an effort to mitigate the risk of fraud.

Cross-Border Payments 56

Cross-Border Payments Cross-Border SWIFT Debit Network 56

PYMNTS

SEPTEMBER 11, 2018

” SMBs particularly appear challenged by FX risk mitigation, he noted. In a 2016 survey from East & Partners , researchers emphasized a suppressed use of more sophisticated FX risk mitigation tools, like options among the small business community. “I think that disruption has already started.

Cross-Border Payments 40

Cross-Border Payments Cross-Border Multi-Currency Risk Mitigation 40

PYMNTS

DECEMBER 3, 2020

Many are tightening their belts in the hopes of mitigating persistent cash flow shortages that are dragging on their bottom lines. . Embracing cross-border digital payment innovations is critical to mitigating the excessive costs and frictions of relying on old-school cross-border payment rails.

Cross-Border 52

Cross-Border Wire Transfer Cross-Border Payments Wires 52

PYMNTS

JULY 18, 2016

” The WU EDGE platform enables international payments and provides a portal through which SMEs can connect with each other. dollar and an increased global outlook are challenging companies to mitigate FX risk. The company concluded that a strengthening U.S. ”

Cross-Border 40

Cross-Border Cross-Border Payments Small Business Mitigation 40

Tearsheet

NOVEMBER 27, 2023

of the transaction total, thereby impacting payment issuing companies’ profit margins. This cost is further exacerbated for international payments that also have currency conversion fees. For instance, processing individual credit and debit card transactions incurs a fee ranging from 1.5%

Instant Payments 52

Instant Payments Zelle Payments Economy 52

PYMNTS

APRIL 19, 2018

-based company, which provides global payments, foreign exchange (FX) and banking services, announced its real-time payments solution on Wednesday (April 18). Its payment services can facilitate individual or batch payment in real time with added FX management and support.

Real Time Payments 40

Real Time Payments Cross-Border Payments Multi-Currency Cross-Border 40

Nanonets

SEPTEMBER 28, 2023

Yet, these payments can be fraught with challenges, from foreign exchange risks to compliance with local regulations. In this blog, we will explore the challenges of cross-border payments and some possible solutions to mitigate those risks. When making a cross-border payment, there are a few key considerations to keep in mind.

Cross-Border Payments 52

Cross-Border Payments Cross-Border Wire Transfer Wire 52

Nanonets

JUNE 21, 2023

The goal of payment reconciliation is to achieve a balanced and accurate view of the company's financial position, ensuring that all payments are properly accounted for and discrepancies are resolved in a timely manner. Vendor reconciliation Vendor reconciliation focuses on reconciling payments made to suppliers or vendors.

Payment Reconciliation 52

Payment Reconciliation Reconciliation Best Practices Automation 52

Segpay

OCTOBER 4, 2023

Source: WebShield To mitigate these compliance risks, merchants and affiliates involved in affiliate marketing should implement robust compliance programs. One of the many benefits of partnering with a dedicated payment service provider is offering additional risk management solutions to mitigate risk.

Security 52

Security Due Diligence Compliance Payments 52

The Fintech Times

FEBRUARY 19, 2024

. “Service and expertise: With the instability of the economic climate globally, it is crucial for cross-border payments providers to leverage their expertise to advise clients on the best time to make international payments and FX conversions. Can any risks be mitigated pro-actively?

Cross-Border Payments 69

Cross-Border Payments Cross-Border Stablecoins Multi-Currency 69

PYMNTS

NOVEMBER 12, 2018

Analysis suggests that executives are pushing for faster internal payments and exploring how the innovation would affect their credit management strategies. Eleven percent of respondents have already said they are ready to implement real-time payments today.

Innovation 44

Innovation Cross-Border Real Time Payments Cross-Border Payments 44

PYMNTS

DECEMBER 27, 2016

We posed the same question to each executive: If you had to answer the question, Payments was the year of …, how would you answer, and how does your answer change your world — and the world of payments, more broadly? Here is the response from Joe DeCosmo, chief analytics officer of Enova International ….

Innovation 44

Innovation ACH NACHA Nacha Rules 44

PYMNTS

JUNE 29, 2018

PYMNTS recently caught up with Kilby for a deeper understanding of how corporate cards are being used by international business travelers. In Search Of Cross-Border Payment Consistency. Concerns around international payments are about to become even more crucial, according to AirPlus’ research.

Cross-Border 43

Cross-Border Cross-Border Payments Reconciliation Payments 43

Segpay

JANUARY 10, 2025

What Sets High-Risk Payment Processors Apart? Industry Expertise : High-risk payment processors understand the needs of businesses in sectors like adult content, online gaming, and subscription services. Risk Mitigation Tools : These processors offer chargeback management and fraud prevention systems to protect your business.

Processors 52

Processors Accounts Payment APIs and Integration Risk 52