article thumbnail

Eftsure Joins Nacha as Preferred Partner to Strengthen ACH Payment Security

Trade Credit & Liquidity Management

companies with a unique capability: ensuring their vendor payments—whether domestic via ACH, wire payments, or international—are directed to the correct recipients.” . “Eftsure now offers international payment verification across Europe and the Asia-Pacific (APAC) region. This expansion empowers U.S.

article thumbnail

Stripe buys payments API provider Orum

Finextra

Founded in 2019, Orum offers an API that allows businesses to launch instant payments fast, with access to RTP, FedNow, Same Day ACH, ACH, Wires, and Visa Direct, without bank integrations or complicated compliance issues. Financial terms of the deal were not disclosed. We use cookies to help us to deliver our services.

API
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Cut the Fat: The Real Cost of Cross-Border Payments

Finextra

Intermediary Bank Fees When you send a wire transfer internationally, it often doesnt go directly from your bank to the recipient’s. A $10,000 wire from your bank may lose $400–$600 in combined FX and SWIFT fees. Yet, most companies are paying far more than they realise. A Breakdown of Hidden Fees in International Payments 1.

article thumbnail

How Financial Institutions Can Combat Business Email Compromise (BEC)

Fi911

Wire transfer fraud remains the most common, where attackers impersonate executives or customers to redirect legitimate transfers. These schemes often target international wires where recovery becomes nearly impossible after 24-48 hours. ACH and payment diversion represents another growing threat.

article thumbnail

The Stablecoin Revolution in Remittances

Finextra

Fast settlement: Typical wire transfers take 3–5 days; stablecoins settle in minutes or less. For South and Southeast Asia, where remittances are a major economic lifeline, these digital assets offer a compelling solution to long-standing challenges: high costs, delays, currency volatility, and limited financial access.

article thumbnail

Medius Launches Medius Payments to Fully Embed Payment Execution Into AP Automation

Fintech Finance

Medius Payments, which builds upon the existing Medius Pay solution, supports multiple payment methods across the United States , Europe and the rest of the world, including ACH, SEPA, BACS, CHAPS, BankGiro, wire, checks, and virtual cards. Approval rules, fraud detection, and audit trails are embedded directly into the system.

article thumbnail

Real-Time Payments and the Future of Cross-Border Transactions: What Businesses Need to Know

Finextra

Many are moving away from traditional wire services and opting for platforms that integrate directly with their accounting systems and offer instant cross-border settlements. On the business side, firms that rely on regular imports or contract-based labour across borders now prioritise payment speed just as much as price or quality.