The Payments Association

JUNE 9, 2025

This is more than 'coding to the spec'; different and new software is required by originating institutions, correspondent banks, intermediate banks, and even regulators or central banks to realise the advantages." This architecture strengthens the system’s ability to detect and recover from cyber threats and operational incidents.

ISO 20022

Finextra

JULY 27, 2025

Let’s tour Plaid’s core offerings – and how fintech apps use them – from authentication through insights: Auth & Balance : Plaid’s first claim to fame was simplifying account verification for payments. Links to the original sources may not always be included. It expresses the views and opinions of the author.

Product

The Payments Association

DECEMBER 9, 2024

These capabilities make LLMs ideal for real-time fraud detection, transaction monitoring, and identity verification, helping payment providers stay one step ahead of fraudsters and ensuring a more secure financial ecosystem. However, these regulations were not originally crafted with generative AI in mind.

Privacy

Finovate

MARCH 10, 2025

Lending Digital banking solutions origination platform Blend Labs forges partnership with verification of income and employment platform Truework. Business banking Expensify , a financial management super app for expenses and corporate cards, launches new travel management tool, Expensify Travel.

FinTech

Stax

JUNE 23, 2025

The customer must give the originating bank or financial institution authorization to debit or credit their savings or checking account. By integrating your payment portals with banks, you will keep transaction fees lower and ensure money is quickly deposited into accounts after verification. Contact sales How Does an ACH API Work?

ACH

Cardfellow

JUNE 25, 2025

Original Credit Transaction Not Accepted 13.9: Likewise, if you win the chargeback dispute, you should not bill the customer a second time — you will be paid for the original transaction by the acquiring bank. Use Address Verification Service (AVS) Consider using the Address Verification Service anti-fraud tool.

Disputes

Finovate

MARCH 25, 2025

Truework Intelligence , a new offering from income and employment verification technology company Truework , will provide mortgage lenders and property managers with a fully automated and comprehensive verification platform. Users of Truework’s technology include eight of the top ten lenders in the US by origination volume.

Verification

The Payments Association

FEBRUARY 10, 2025

Strengthening KYC procedures is critical, ensuring that verification extends beyond master account holders to individual vIBAN end users. When thinking in the context of customer verification, vIBANs are often treated as extensions to master accounts as opposed to independent relationships. This leads to inadequate due diligence.

IBAN

Stax

JANUARY 28, 2025

Tokenization is a process whereby sensitive data is converted to placeholder data strings which are stored as a token on the merchants system, while the original data is moved to a secure, third-party vault. The original sensitive data is still secured and hidden in an external data bank.

Payment APIs and Integration

EBizCharge

MARCH 14, 2025

There are four types of refunds, which include exchanges , full refunds , s tore credit , and final sale : Full refunds: Full refunds are the complete reimbursement of original purchase amounts delivered to customers when they return products or cancel services. This verification step ensures that returns are valid and tied to an actual sale.

Returns

Stax

MARCH 11, 2025

The payment processor : this is the payment services provider that handles the verification and transfer of data and funds between the financial institutions involved in that transaction. Payment verification Once the payment processor receives the now-encrypted payment information, it will be sent to the issuing bank for verification.

Online Payment Processing

Cardfellow

MARCH 9, 2025

Refunds to a Virtual Credit Card Many businesses that issue refunds prefer to issue it to the original payment method. In the case of virtual cards, the original card may have expired before the customer asks for a refund. If thats the case, you still have options. Does it cost more to take virtual cards? No, or at least it shouldnt.

Credit Cards

Stax

JANUARY 21, 2025

Even if the data is intercepted, it doesnt offer any value and wouldnt be used to extract the original data. Fraud prevention features – Look for additional fraud prevention features like fraud detection, address verification, chargeback protection, and IP geolocation to enhance protection from fraud.

Payment Gateways

Nanonets

APRIL 24, 2025

Each data point is linked to its source page and document for verification. The classification CSV contains file names, page numbers, classifications, and links to access the original pages. Here, they can compare the extracted data against the original documents, making the verification process quick and efficient.

Underwriting

Fi911

MARCH 13, 2025

Regular transactions involving identical items originating from one mode of payment could signal a warning. technology, address verification, CVV validation, geolocation, proxy piercing, blacklisting, and velocity checks. Other signs may include: Unusually high volume of orders from a single customer or location.

Addressing

Finovate

MAY 22, 2025

Parlay’s AI-powered platform streamlines digital onboarding, verification, and qualification to enable lenders to more efficiently provide Small Business Administration (SBA) and small business loans. The company’s technology integrates with loan origination systems to increase both volume and profitability.

Underwriting

Fintech Review

MAY 4, 2025

KYC, AML & Identity Verification Platforms Next in the top 100 fintech tools and platforms is compliance. Persona Provides fully customisable identity verification flows with options for ID checks, biometrics, and database lookups. Best for : Businesses expanding globally that require high verification speed.

Payment APIs and Integration

Finovate

MARCH 7, 2025

Notably, these acquisitions continue to operate under their original brands, allowing for organic user growth before transitioning fully to Wero. Central and Eastern Europe Lithuanian identity verification service iDenfy announced a partnership with Highvibes to help protect artists from fraud.

Payments

The Fintech Times

JULY 8, 2025

TrafficGuard, a platform for digital ad verification and fraud prevention, appoints Miguel Lopes as chief product officer. Home finance originations reached £148million, while colleague volunteering and fundraising participation rose significantly.

FinTech

Fintech News

NOVEMBER 7, 2024

The platform integrates all aspects of the farmer’s financial journey, including onboarding, KYC verification, loan origination, product purchasing and repayment within a single digital marketplace.

Financial Literacy

Fintech Review

APRIL 11, 2025

A Brief History of Fintech The origins of fintech can be traced back to the 1960s. It covers identity verification, anti-money laundering (AML), transaction monitoring, and reporting automation. It represents a shift in mindset: finance as a service, not a place. This challenges long-standing industry norms.

FinTech

Nanonets

MAY 23, 2025

2,106 invoice vs $3,138 PO) Line item quantities differ from ordered quantities Shipping quantities don't match ordered quantities Prices have changed from the original PO For example, when processing an invoice, the system automatically pulls the corresponding PO from QuickBooks and compares each line item.

Automation

Fintech News

JUNE 12, 2025

Businesses want faster verification processes and to improve user experience, a major bottleneck in onboarding users.” Emeka shared insights from the Sumsub State of the Crypto Industry 2025 report , Emeka Mgbenu “Only 29% of companies throughout the world are fully compliant with Travel Rule.

Compliance

M2P Fintech

MARCH 24, 2025

Back in the day, loan management system s were synonymous with pile s of paperwork involving intricate manual calculations and lengthy verifications, leading to slow approvals. AI is poised to revolutionize loan origination. But like all great transformations, challenges paved the way for innovation.

Payment APIs and Integration

The Payments Association

JANUARY 22, 2025

This increased digital dependency has raised the need for secure access and quick and easy identity verification online. The EU’s smart borders initiative exemplifies the innovative applications of digital identity in border control, using automated processes and biometric verification.

Security

Finovate

JANUARY 10, 2025

” Double counting can occur when an individual applies for a debt consolidation loan and a lender counts both the individual’s original debts and their new consolidation loan as part of the affordability assessment. million repeat purchases. ” Here is our look at fintech innovation around the world.

Innovation

Stax

OCTOBER 14, 2024

PayPal Originally a peer-to-peer payment platform, PayPal has grown into an absolute powerhouse in the payments world – offering merchant accounts as well as customer accounts. For businesses looking to create totally unique integrations with their payments systems, Stripe is an ideal solution.

Processors

Nanonets

NOVEMBER 18, 2024

Database matching for data verification 7. 8.2 ➡️ Our take: Choose Nanonet if you’re looking for self-learning models, extensive workflow automation, and built-in verification tools to automate your document processing workflow end-to-end. Custom model training with as few as 10 samples 4. Ease of Setup 9.1

Volume

Finextra

JULY 22, 2025

As part of the process, users complete identity verification and select their withdrawal method through MoonPay. Accessible via Bitget Wallets "Sell Crypto" page, users in eligible countries can select their token and preferred fiat currency before completing the transaction via MoonPays platform.

Stablecoins

The Fintech Times

APRIL 15, 2025

Piel will be responsible for originating and executing corporate finance transactions with financial institutions globally Cashflow finance provider eCapital Commercial Finance ( eCapital) has appointed Jason Sedgwick as regional sales manager within their South of England team.

FinTech

Finovate

JUNE 10, 2025

.” Parlay Finance offers a solution that helps lenders boost loan volume, enhance operational efficiency, and maximize profitability without incurring additional risk.

Finance

Finextra

JUNE 6, 2025

The challenge is keeping the bank meeting the new standards of money movement, real time account balances and people verification. The branch bank industry consolidated around two major players - Temenos Globus and Finastras Midas - each serving over 300 banks, often with many installations as banks became more international.

Technology

The Paypers

JUNE 27, 2025

Both instruments originate from the same legal compartment, ensuring regulatory compliance and operational consistency across formats. MTCM acts as the structurer, administrator, and calculation agent, while Tokeny facilitates digital onboarding, identity verification, and cap table management.

Security

Finextra

JUNE 19, 2025

Just last month, it opened its new global headquarters in the City of London and announced a commitment to create another 200 jobs over the next twelve months. Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre. Please read our Privacy Policy.

Risk

Fintech Labs Insights

MAY 12, 2025

Middesk Business verification company automating compliance and fraud prevention, assisting enterprises in onboarding and managing business identities effectively Website: middesk.com Headquarters: San Francisco, California, USA Founded: 2018 Total Funding: $77 million 10.

FinTech

Fintech Labs Insights

MAY 12, 2025

Middesk Business verification company automating compliance and fraud prevention, assisting enterprises in onboarding and managing business identities effectively Website: middesk.com Headquarters: San Francisco, California, USA Founded: 2018 Total Funding: $77 million 10.

FinTech

PYMNTS

DECEMBER 8, 2020

The December AML/KYC Tracker® explores the latest in AML/KYC developments, including the growing problem of money laundering at cryptocurrency exchanges, the transaction analysis and user verification procedures exchanges are deploying to stop launderers, and the still-extant problem of money laundering at traditional financial institutions.

AML