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Bottomline wins cross-border payment company of the year

The Payments Association

Award judges recognised Bottomlines Universal Aggregator solution and its value-add overlay services for addressing cross-border payment challenges, such as high costs, slow processing times, limited accessibility, and lack of transparency.

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Real Time Heats Up In B2B, While Blockchain Gains Traction

PYMNTS

In a conversation with PYMNTS , Mastercard Executive Vice President of Global Commercial and B2B Solutions James Anderson described the importance for Mastercard to develop overlay services on top of existing rails to promote that choice. In an announcement , FinTech-as-a-Service company Rapyd rolled out its Rapyd Protect solution.

B2B
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Pay.UK’s Fraud Detection Pilot Exceeds Expectations, Detecting Over £112m Worth of Fraud

Fintech Finance

The initiative trialled a new overlay service which will allow all UK banks and building societies to analyse money flows and use predictive intelligence to proactively detect fraud and help prevent crime before it occurs, safely and securely. This would see over £112m worth of fraud detected in a year.

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How are Financial Firms Like Visa, Swift, Pay.UK and Mangopay Using AI to Combat Financial Fraud?

The Fintech Times

The standards body confirmed the pilot in June 2023, after contacting industry partners to test the benefits of the service with a group of participating banks and payment service providers.

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The State Of India’s Digital Payments Progress — And Future

PYMNTS

The movement away from cash is an inexorable one, aided by government mandate, a confluence of technology and stakeholders (from banks to payment service providers), and a greenfield of more than 1 billion consumers willing and able to transact in bits and bytes. This enables the very fast adoption you’re seeing in India.”.