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ACI Worldwide Expands Technology Partnership Ecosystem to Power ACI Connetic

Fintech Finance

These partnerships help extend ACI Connetic far beyond a traditional payments hub, delivering robust, highly functional payment engines to support financial institutions in meeting growingly stringent non-functional requirements and increase resilience against potential disruptions.

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Understanding Risk Management Strategies as a PayFac

Stax

In this article, we’ll discuss what SaaS companies looking to become payment facilitators need to know about risk management strategies. PayFacs handle risk assessment, underwriting, settling of funds, compliance, and chargebacks which exposes them to greater potential risks.

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Understanding Risk Management Strategies as a PayFac

Stax

As such, PayFacs need to equip themselves with an effective risk management strategy that helps them continuously monitor risks and employ appropriate risk responses if needed. TL;DR Four main types of risks come with payment facilitation: compliance risks, operational risks, transactional risks, and reputational risks.

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How open banking and IPR are transforming payments in regulated sectors

The Payments Association

Now, thanks to open banking and the EUs Instant Payments Regulation (IPR), regulated businesses are rethinking whats possible: real-time transactions, richer customer insight, and smoother experiences, all while staying compliant. Chargebacks, settlement delays, and high fees can become pain points if not managed proactively.

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Understanding the Dora Compliance: A Comprehensive Guide

VISTA InfoSec

As per a survey conducted by Dragonfly Financial Technologies at the beginning of the year 2024, 92% of banks planned to maintain or increase their technology investments in 2024. Due to the advancement of technology, there is always stiff competition among organizations serving in the same sector, and this also applies to financial entities.

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From open banking to open finance and beyond: The future of financial data-sharing

The Payments Association

From open banking to open finance and beyond: The future of financial data-sharing March 18 2025 by Payments Intelligence LinkedIn Email X WhatsApp What is this article about? The evolution of open banking into open finance, examining regional regulatory approaches and adoption trends. Why is it important?

Finance 88
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RT2: A strategic transformation for UK payment providers

The Payments Association

According to the Bank of England, RTGS settles approximately £500 billion between banks each day—around a quarter of the UK’s annual GDP—in sterling central bank money. Democratised access will foster fintech-bank collaboration, driving innovation. RT2 is substantially expanding direct participation.