Fintech News

OCTOBER 30, 2024

This approach aims to maximise returns on excess liquidity through reverse repurchase agreements (reverse repos) conducted on J.P. By utilising blockchain technology, the exchange of cash and securities becomes near-instantaneous, a significant improvement over traditional repo markets where the process can take at least one business day.

Blockchain

Fintech Finance

NOVEMBER 27, 2024

Consumers who make an eligible return can now receive near instant refunds when returning goods for online purchases. Worldpay research shows 40% of consumers expect a refund within 24 hours when making a return and now this could be a reality for shoppers with refunds coming through within minutes.

Visa

Fintech News

NOVEMBER 6, 2024

This collaboration enables financial institutions to validate beneficiary account details before processing payments, reducing errors, misdirected payments, and fraud through collective network intelligence. This scalable network ensures streamlined payment processes while maintaining sovereignty, security, and privacy.

Cross-Border Payments

Nanonets

APRIL 24, 2025

With an 8-week order cycle, processing delays meant customers waited without updates. They needed a way to process these documents accurately without hiring more staff. Their seven-person operations team spent 10-15 hours per week per person processing these documents.

Automation

Stax

DECEMBER 9, 2024

This has been aided by the rise of online banking, which has made the chargeback process as easy as a few clicks. It’s possible for cardholders to get a chargeback approved from either their bank or the credit card processing company (e.g. The merchant processes the payment using a card terminal or an online payment gateway.

Credit Cards

Finextra

JUNE 26, 2025

And if your customers don’t feel safe while making payments, they won’t return. Why compliance matters in digital payment processing Staying compliant isn’t a choice. It applies to any business that stores, processes, or transmits cardholder data. What is AML in payment processing? Yes, trust is everything.

PCI DSS

The Fintech Times

JUNE 3, 2025

to three per cent buyers agent commission, Zown retains just one per cent and returns the rest to the buyer as an upfront down payment boost that saves thousands of dollars on their transaction or can be used to buy down mortgage rates and lower monthly payments. Instead of pocketing the standard 2.5

Process

Cardfellow

JUNE 25, 2025

The bottom line here is that whenever customers feel that they have been charged for something they shouldn’t have, they can file a dispute with their bank, which begins the chargeback process. Duplicate Processing / Paid by Other Means 12.7: Credit Not Processed 13.7: Duplicate Processing / Paid by Other Means 12.7:

Disputes

EBizCharge

MARCH 14, 2025

A standard refund policy explains the conditions under which customers can return a product or service and receive their money back. This typically occurs when a customer returns an item due to defects or dissatisfaction or tries to return an item past the agreed-upon return period.

Returns

The Payments Association

JANUARY 13, 2025

Increased reporting obligations: Monthly safeguarding returns to the FCA will be mandatory, providing the regulator with granular oversight of firms’ safeguarding practices. The requirement for monthly safeguarding returns and more frequent audits place an additional administrative load on firms.

Compliance

EBizCharge

JULY 3, 2025

The idea is simple: find a payment processing solution that won’t hit you with a fee just for existing. This guide will unpack how to process payments without paying monthly fees, what the trade-offs might be, and how to pick the right path for your business. These services don’t require contracts or monthly minimums.

Process

The Fintech Times

FEBRUARY 20, 2025

Loop , the commerce operations platform for Shopify brands, is partnering up with Global-e , the platform powering global direct-to-consumer e-commerce, to enhance returns management for merchants. “We were able to launch in 50 new markets without the typical operational complexity that comes with cross-border returns. .

Cross-Border

The Payments Association

JUNE 9, 2025

Liquidity Saving and Efficiency Gains Advanced algorithms optimise liquidity management and settlement processes. Additionally, organisations must focus on product development that exploits enhanced functionality and process redesign for streamlined operations to maximise returns on these investments.

ISO 20022

Fintech News

JUNE 25, 2025

Mastercard is also working with partners across the payments ecosystem to tackle broader first-party fraud issues, including refund and return abuse. Merchants who meet the program’s data-sharing requirements may be eligible for chargeback protection.

APACS

Stax

MAY 6, 2025

To give you some clarity, here’s a practical guide that answers the most common questions small business owners have about credit card processing. Learn More What is Credit Card Payment Processing? Credit card processing refers to the series of steps involved in facilitating transactions made using credit cards.

Credit Cards

The Payments Association

JUNE 29, 2025

ID-Pal , the leading experts in AI-powered identity verification, today announces the launch of ID-Pal Once at Money20/20: a reusable KYC solution that enables organisations to simplify operational processes, control costs and focus on growth while delivering a seamless user experience as standard.

Verification

Stax

APRIL 3, 2025

Talk to sales Understanding Ecommerce Payment Solutions An eCommerce payment solution is the underlying infrastructure that allows eCommerce businesses to accept and process card and online payments seamlessly and securely. The customer is then sent back to the eCommerce site after the payment is processed.

Payment Solutions

Cardfellow

JUNE 7, 2025

Issuing Refunds When you process a refund for a customer who paid with a credit or debit card, your credit card processor reverses the sale and the customer is credited for the original purchase price. If your processor doesn’t return that fee, you lose money on each refund you process.

Accounts

The Payments Association

NOVEMBER 18, 2024

Companies like Stripe and Adyen are captivating merchants with cutting-edge payment solutions beyond basic credit card processing. As fintechs’ superior payment solutions lure away more merchants, banks stand to lose processing revenue and all-important settlement deposits. As a result, fintech companies are rapidly gaining ground.

FinTech

Fintech Finance

DECEMBER 11, 2024

With a proven track record in transforming financial data collection across different sectors, Armalytix has developed a sophisticated platform that streamlines Source of Funds (SoF) verification, addressing long-standing challenges in legal financial processing.

Laws

Finovate

JANUARY 15, 2025

The partnership will simplify and streamline the lending process for credit unions with real-time financing solutions at the point of purchase. The partnership will help simplify the lending process for credit unions with seamless, real-time financing solutions that can help drive member growth. Nicolaas Vlok is CEO.

Credit Union

Clearly Payments

JULY 23, 2025

For merchants, this means one thing: understanding and managing payment compliance is no longer optional, it’s necessary to keep processing payments smoothly and growing your business without interruption. Make refund and return policies easy to find on your website. Be transparent about what’s included in the purchase.

Compliance

Fi911

DECEMBER 31, 2024

For example, if a merchant processes 1,000 transactions in a month and receives 10 chargebacks, the chargeback rate would be 1%. However, there’s a key difference: Visa calculates the ratio by dividing the chargebacks received in a given month by the total transactions processed during that same month.

Disputes

Fintech Finance

JUNE 5, 2025

Trustly , the global leader in Pay by Bank, and Point & Pay , a leading payment processing provider for government agencies, today announced an integrated product partnership. Trustly’s process is backed by a patented split-token security process that is more secure than traditional methods of hand-keying account information. .

Government Payments

Fintech Finance

FEBRUARY 5, 2025

Transfeeras solution ensures compliance with new regulations that mandate payments be processed exclusively through bank accounts registered to individual bettors. The company also holds ISO 27001 and 27701 certifications, ensuring robust data protection and fraud prevention measures.

Regulations

Stax

JANUARY 28, 2025

Click to pay benefits for businesses: Increased conversionssimplified payments process equals satisfied customers Click to Pays usage of previously stored card information boosts transaction speeds and provides for a smoother checkout experience. The customer will then input the passcode to complete the authentication process.

Payment APIs and Integration

Finextra

JULY 10, 2025

When a payment fails — due to fraud checks, technical issues, or user error — it can result in lost revenue and a frustrated customer who may not return. Optimise Your Payment Gateway Setup Your payment gateway does more than process cards — it can make or break your transaction success rate.

Transactions

Stax

JUNE 23, 2025

If you take a lot of ACH payments, then leveraging an ACH API can streamline your processes and ensure you’re able to take payments in an efficient and secure manner. Businesses use ACH API integration to lower payment processing costs, streamline high-volume or recurring payments, and improve payment status visibility.

ACH

Finovate

JULY 23, 2025

Fraud and dispute process management innovator Quavo Fraud & Disputes has raised $300 million in funding from Spectrum Equity. ” Quavo’s technology empowers financial institutions—from large banks to credit unions—to better manage the consumer transaction dispute process.

Disputes

Fintech Finance

NOVEMBER 13, 2024

1] However, international payments are often impacted by credit card acceptance issues, high interchange costs, and foreign exchange (FX) charges, causing friction in the process. Mobile wallets have become the dominant payment method in China, with over 84% of users utilizing them for transactions in the past year. [1]

Payment Solutions

Cardfellow

JUNE 14, 2025

Before we break down exactly how credit card processing works and where the money is going, let’s examine the businesses and individuals involved. Although, as we’ve discussed, they don’t actually process transactions at all. An independent sales organization (ISO) resells processing services. Assessments.

Credit Cards

The Fintech Times

JULY 9, 2025

Automated transaction management : Manage disputes, refunds, and ACH returns with built-in webhook support and real-time automation to reduce manual work. Seamless sandbox : Test and launch quickly using dedicated sandbox tools, then easily transition to live payment processing.

ACH

The Payments Association

NOVEMBER 12, 2024

The complexity of transaction monitoring is considerable; it involves integrating numerous components, including real-time data processing, advanced analytics, user interface design, and comprehensive reporting capabilities. However, this approach often comes with significant challenges.

Financial Crimes

My Payment Savvy

JUNE 16, 2025

Many businesses lose sales at the final hurdle – the payment process. The right system processes transactions seamlessly; the wrong one creates friction that costs you money and frustrates your customers. A payment gateway processes credit card payments for both online and in-person transactions.

Payment Gateways

Fintech Finance

JANUARY 20, 2025

By harnessing the power of Trustly Azura and an innovative identification feature, the upgraded Pay N Play will enable returning players to log in within 10 seconds and seamlessly combine logins and deposits into a single flow, allowing them to start playing in less than 20 seconds.

Addressing

The Fintech Times

JANUARY 23, 2025

Sending cross-border payments, for example, often comes with heavy processing costs and conversion fees. By automating compliance and documentation, reducing errors and speeding up the transaction process, trade finance will become more efficient and inclusive, opening up new opportunities for people and businesses of all sizes.”

FinTech

Fintech Finance

MARCH 20, 2025

This helps Pay by Bank reach a wider audience, driving up the volumes of payments being processed daily. By offering Pay by Bank as an option, merchants have a flexible and scalable payments process which meets consumers’ needs for fast and secure payments.

Payment Service Provider (PSP)