Fintech News
DECEMBER 10, 2023
Additionally, it prevents tainted payments from entering the correspondent banking network, thus bolstering security. “ We have a solution to this issue: the LexisNexis Bankers Almanac Validate which verifies global payment data and prevents fraud.
PYMNTS
MARCH 1, 2019
Banking error-related pains are more likely to affect complicated cross-border payments across jurisdictions, time zones and languages, he explained, and all consumers and corporations could benefit from fixes to help prevent them. There might be an end in sight, however. Prepping for the pilot. Reaching ubiquity.
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PYMNTS
MARCH 19, 2020
With a nod toward new payments methodologies, such as contactless payments , said Brandli, by having a microservice-oriented architecture and software that’s quick to adapt, FIs can roll out new products more cheaply and with greater speed, as initiatives like SWIFT gpi and SEPA Instant Credit Transfers gain traction.
The Fintech Times
MARCH 20, 2024
Plus in the past, the BBC has reported that “10 million people would struggle to cope in a cashless society even though only 17 per cent of payments are now made with notes and coins.” It is the latest sign that the march to a completely cashless society is a bad idea.
PYMNTS
JUNE 13, 2018
While banks have been investigating and investing in distributed ledger technology (DLT) the team at Ripple does not believe that DLTs are likely to make an appearance any time soon when it comes to processing cross-border payments. Issues around scalability and privacy are still too pointed. “I
EBizCharge
APRIL 26, 2024
Accounting teams are tasked with identifying discrepancies, communicating with clients to rectify payment issues, and adjusting cash flow forecasts accordingly. With an organized and efficient dispute and deduction management strategy, your business can swiftly and amicably resolve short-paid invoice issues swiftly.
PYMNTS
JUNE 21, 2019
Mobile apps like Family Plan can take the friction out of shared finances, with features supporting regularly automated support payments, as well as bill-splitting for one-time expenses like soccer cleats or dentist bills. Deep Dive: How Faster Payments Feed the Gig Economy. Find the full story in the Tracker.
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