Trade Credit & Liquidity Management

JULY 9, 2025

The platform promotes ACH payments as the preferred method, excluding check payments, to enhance security and efficiency. “Eftsure now offers international payment verification across Europe and the Asia-Pacific (APAC) region. This expansion empowers U.S. Nacha governs the ACH Network, which processed 33.6

NACHA 52

NACHA ACH ACH Network Nacha Operating Rules 52

Fintech News

FEBRUARY 5, 2025

Sumsub , a full-cycle verification platform, has introduced its Australia DVS (Document Verification Service) Verification product. For Australian businesses that require secure and compliant document verification, Sumsubs DVS Verification facilitates user onboarding with real-time identity validation.

Verification 76

Verification Checks Security Due Diligence 76

Fintech News

MARCH 24, 2025

The report, based on Sumsubs internal identity verification and user activity data from 2023 and 2024, along with a survey of over 300 companies across the crypto, banking, payments, and e-commerce sectors, reveals that APAC was the only region to record a decline in crypto fraud in 2024, with fraud rates dropping from 2.6%

APACS 94

APACS Verification Money Laundering Fraud Detection 94

The Fintech Times

JANUARY 8, 2025

iDenfy , the global fraud prevention identity verification service provider, has filed a patent for technology that verifies a user’s address data. Fraudsters, using forged or altered information, have long been exploiting traditional address verification methods, such as utility bills or other proof of address documents.In

Verification 59

Verification Addressing Fraud Prevention Credential 59

Fintech Review

APRIL 20, 2025

Cybertech refers to the suite of digital tools designed to secure networks, systems, and users from cyber threats. In the financial sector, it includes fraud detection, threat intelligence, data encryption, biometric verification, and risk monitoring. New features can be launched with confidence that systems will remain secure.

Finance 59

Finance Security Fraud Detection Encryption 59

The Fintech Times

JULY 2, 2025

Belgian banks have become the first in the Eurozone to go live with Verification Of Payee (VOP), ahead of the October 2025 deadline set by the EU Instant Payments Regulation. Once batch payment verification is added, this figure is expected to double. SurePay now processes 200 million VOP checks per month.

Payee 59

Payee Verification Cross-Border Payments Cross-Border 59

Fintech News

OCTOBER 28, 2024

Global payments infrastructure provider Nium has launched Nium Verify, a real-time bank account verification service available in 50 markets. billion in 2020—often due to outdated, error-prone verification methods—Nium Verify offers a solution through direct integration with clearing systems and major banks within each country.

Cross-Border 109

Cross-Border Payment APIs and Integration Cross-Border Payments Verification 109

Fintech Finance

JUNE 10, 2025

IFX Payments , a service-led alternative banking partner, today announces it will be using Form3 ‘s Verification of Payee (VoP) solution for SEPA account, strengthening its defences against payment fraud and aligning with the Instant Payments Regulation mandate. We’re happy to be building on our partnership with Form3.”

Payee 59

Payee Instant Payments Verification Regulations 59

Finovate

NOVEMBER 19, 2024

Credit union credit card issuer Collabria Financial Services has teamed up with digital identity verification fintech Trulioo. The Canada-based card issuer will leverage Trulioo to streamline the verification process for new cardholders.

Verification 59

Verification Credit Union Card Issuer Payment APIs and Integration 59

Fintech Finance

JULY 2, 2025

Banqup Group , the company behind the trusted digital platform Banqup, has announced a partnership with iPiD , a global leader in payee verification technology. The Banqup iPiD partnership showcases how fintechs are joining forces to strengthen trust, improve data protection, and secure business payments.

Payee 52

Payee Payment Security Security Verification 52

Basis Theory

NOVEMBER 12, 2024

Historically, data security has been treated as featureless and burdensome—but a necessary expense incurred by organizations. Today, we can tokenize anything from credit card primary account numbers (PAN) to one-time debit card transactions or social security numbers. The tokenization platform securely stores the sensitive data.

Encryption 157

Encryption Payment APIs and Integration PCI DSS Returns 157

Fintech Finance

JULY 1, 2025

Belgian banks are the first in the Eurozone to go live with Verification Of Payee (VOP), well ahead of the October 2025 deadline set by the EU Instant Payments Regulation. Once batch payment verification is added, this figure is expected to double. SurePay now processes 200 million VOP checks per month.

Payee 52

Payee Verification Cross-Border Payments Cross-Border 52

Finovate

JULY 10, 2025

Jumio and Prometeo have partnered to streamline identity and bank account verification across Latin America. The integration combines biometric authentication, AI, and Prometeo’s banking network to improve security, reduce operational time, and enhance user experience for fintechs and digital platforms.

Verification 52

Verification Account Validation Payment APIs and Integration Authentication 52

The Fintech Times

MARCH 25, 2025

Recognising evolving challenges related to fraud, Intergiro , a white-label fintech platform, and Movitz , the payment fintech, have joined forces to combat financial fraud by building advanced payment verification solutions which financial institutions can leverage to enhance the security of their customers as they make payments online.

Verification 59

Verification Cross-Border Fraud Prevention Payments 59

Clearly Payments

NOVEMBER 13, 2024

For payment processors and financial institutions, however, understanding BINs is essential for smooth transaction processing, security, and even risk management. Security and Fraud Detection : The BIN can provide valuable data points that help prevent fraud. What is a Bank Identification Number (BIN)?

Process 104

Process Processors Payments Compliance 104

EBizCharge

MARCH 18, 2025

For companies using Sage 100, understanding how to process credit cards securely is not just an option it’s a necessity. These gateways act as a bridge between your business and financial institutions to process customer transactions quickly and securely. What is Sage 100?

Credit Cards 52

Credit Cards Process Security Data Breach 52

Fintech News

NOVEMBER 12, 2024

Rubie Wallet marks Thailand’s first implementation of Purpose-Bound Money (PBM), introduced under the regulatory sandbox framework established by the Bank of Thailand (BOT) and the Securities and Exchange Commission (SEC). Users must complete Know Your Customer (KYC) verification to ensure security and compliance.

Stablecoins 119

Stablecoins Bots Financial Inclusion Payments 119

The Payments Association

JULY 18, 2025

Integrating payments and identity: opportunities and challenges A key development in the digital wallet space is the convergence of payments and identity verification. Colombe Hérault highlights that this integration could streamline processes like online age verification, student discounts, and property rental credentials.

Payments 68

Payments Fraud Prevention Verification Authentication 68

Stax

DECEMBER 12, 2024

They enable secure, efficient in-store and online payment processing and offer flexible payment options that customers demand today. Merchant services help small businesses simplify payments, save money with transparent pricing, and secure transactions with fraud protection and PCI compliance. POS systems and card readers.

Small Business 88

Small Business Online and Mobile Banking Volume Checks 88

Fintech News

MARCH 11, 2025

One of the largest scams uncovered by Visa involved fraudulent identity verification schemes. Scammers sent phishing links disguised as legitimate verification sites via dating platforms, enrolling victims in recurring billing cycles. said Paul Fabara, Chief Risk and Client Services Officer at Visa.

Scams 111

Scams Blocks Law Enforcement Laws 111

Finextra

JUNE 12, 2025

Webinar The final countdown: What’s next for Verification of Payee? The Verification of Payee (VOP) deadline is just around the corner. Could VoP become the global standard for payee verification, similar to how GDPR reshaped data privacy? However, the need for Payee Verification, aka KYP (Know Your Payee), goes beyond Europe.

Payee 52

Payee On-Demand Verification Payment APIs and Integration 52

Fintech News

APRIL 25, 2025

Data from identity verification specialist Sumsub reveal that identity fraud incidents have more than doubled in the past three years, with account takeovers and deepfakes emerging as major concerns. of all verifications analyzed worldwide by Sumsub, marking a staggering 136.4% Financial services have become a prime target.

Deepfake 101

Deepfake APACS Account Takeovers Verification 101

Finovate

JULY 14, 2025

Signicat has acquired Dutch identity verification provider Inverid for an undisclosed amount. Inverid’s flagship product, ReadID , uses NFC on smartphones to securely verify ID documents, making it ideal for high-assurance use cases like banking, government, and cross-border compliance.

Verification 49

Verification Acquirers Cross-Border Fraud Prevention 49

Stax

APRIL 3, 2025

TL;DR An eCommerce payment solution allows online businesses to accept payments securely and efficiently. Key features to look for in an eCommerce payment solution include security and fraud protection, payment method variety, integration capabilities, chargeback protection and dispute resolution, and global payment support.

Payment Solutions 88

Payment Solutions Payment APIs and Integration Payment Gateways Gateways 88

The Fintech Times

JANUARY 7, 2025

Tietoevry Banking , a financial software solution provider based in the Nordics, has registered with the European Payments Council as a provider of routing and verification mechanisms (RVM) for verification of payee (VoP) solutions.

Payer 59

Payer Payee Verification Instant Payments 59

Fintech News

NOVEMBER 18, 2024

OKX has also introduced Singpass verification to further enhance the user experience. These changes come after OKX secured a Major Payment Institution license from the Monetary Authority of Singapore in September. This simplifies fiat transactions on the platform, ensuring faster and more seamless access for users.

Cross-Border 119

Cross-Border Verification Payments Institute Participant 119

The Fintech Times

JUNE 27, 2025

QwikPay , the Australian paytech, is improving its real-time user onboarding while maintaining compliance with financial regulations in Australia, following a new partnership with iDenfy , the identity verification and fraud prevention technology provider. We needed a compliance partner that could scale with us while maintaining user trust.

Risk Management 59

Risk Management Compliance Risk AML 59

Fintech Finance

JANUARY 21, 2025

It stores and makes available to authorised business users in a secure manner data for identification of participant PSPs, their adherence to the EPC VOP scheme and options, and API endpoints (or Uniform Resource Identifier or URIs). The post EPC Selects Swift for the EPC Directory Service appeared first on FF News | Fintech Finance.

SWIFT 98

SWIFT Payee RFP IBAN 98

The Payments Association

JUNE 9, 2025

Jane Jee Ambassador, TPA Enhanced resilience RT2 reimagines resilience by introducing a secure zone that isolates critical settlement functions, creating multiple layers of defence against threats. The overall redesign represents a substantive shift in how settlement systems approach resilience and security in the modern financial landscape.

ISO 20022 88

ISO 20022 Payment APIs and Integration ISOs Interoperability 88

Clearly Payments

JANUARY 15, 2025

PCI Compliance Fees What It Is: A fee for ensuring your business complies with Payment Card Industry (PCI) security standards. Why Its Hidden: Often listed as an annual compliance fee or security fee, and merchants sometimes arent aware they can shop around for lower compliance service costs.

Process 105

Process Processors Gateways Push-to-Card 105

Finovate

MARCH 19, 2025

Core banking provider Tuum and verification platform Sumsub announced a partnership this week. Adding to this challenge is the proliferation of new regulations that are tightening compliance requirements and mandating greater security and operational resilience. Sumsub made its Finovate debut at FinovateEurope 2020 in Berlin.

Fraud Prevention 96

Fraud Prevention Fraud Detection Payment APIs and Integration Verification 96

Clearly Payments

JULY 23, 2025

PCI DSS and Secure Card Handling If your business accepts credit or debit cards, you must comply with the Payment Card Industry Data Security Standard (PCI DSS). These are global rules designed to keep cardholder data secure. Clearly Payments helps merchants stay PCI-compliant through guided tools and platform-level security.

Compliance 65

Compliance PCI DSS Processors Disputes 65

The Payments Association

MARCH 19, 2025

According to Yaccarino, the partnership will allow for secure and instant funding to users X Wallet via Visa Direct, connecting to their debit cards and allowing for peer-to-peer payments. Digital wallets, also known as e-wallets, are digital applications that securely store payment details and enable users to make electronic transactions.

Digital Payments 88

Digital Payments Finance Online and Mobile Banking Payments 88

The Payments Association

JULY 18, 2025

London fintech Yaspa, an award-winning provider of real-time payment, account verification and intelligence solutions, has announced its partnership with VIALET, the European-licensed electronic money institution. VIALET emphasises speed, ease of use, personalised support, robust security, and transparent fees.

Multi-Currency 88

Multi-Currency Payment APIs and Integration Real Time Payments Instant Payments 88

Fintech Finance

APRIL 10, 2025

ACI’s digital payment solutions empower Americans to meet their tax obligations in a fast and secure manner and take control of their finances,” said Ron Shultz, General Manager of ACI Speedpay. ACI is one of two approved IRS service providers and one of the platforms taxpayers can use for IRS DirectPay.

Tax Refunds 92

Tax Refunds IRS Identity Theft Alternative Payment Methods 92

The Finance Weekly

JANUARY 5, 2025

These chatbots enhance security and build customer trust by alerting users in real-time. It even adds a security layer with image-based identity verification, which is perfect for sensitive banking environments. High-level security standards (SOC2, GDPR compliant). Multilingual support (80+ languages).

AI 130

AI Finance Automation Non-Bank 130

Fintech Finance

APRIL 7, 2025

A step up from one business account per company, this feature now allows businesses to get all hands on deck with hundreds of employees gaining access to one dashboard at no detriment to its performance, for greater control, security, and efficiency.

Accounts 64

Accounts IBAN Compromise Verification 64