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Visa Expands Fintech Fast Track Programme to ‘Catalyse new Growth Opportunities’

The Fintech Times

Visa Direct supports multiple use cases, such as person-to-person payments and account-to-account transfers, business and government payouts to individuals or small businesses, and merchant settlements and refunds. .” Visa Risk Manager solution: helps financial institutions manage and mitigate payment risks.

FinTech 59
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CFPB, USAA Settle After Violations

PYMNTS

USAA, which is headquartered in San Antonio, Texas, was accused of not properly honoring customers’ requests to stop payments on preauthorized electronic fund transfers. The Consumer Financial Protection Bureau (CFPB) announced on Thursday (Jan.

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Visa Expands Fintech Fast Track to Drive the Next Generation of Money Movement

Fintech Finance

Visa Direct supports multiple use cases, such as person-to-person payments and account-to-account transfers, business and government payouts to individuals or small businesses, and merchant settlements and refunds2. Visa Stop Payment Service: enables financial institutions to stop payment on a specific check or range of checks.

FinTech 52
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Mastercard’s Master Plan: Give Millennials What They Want

PYMNTS

The card network is hoping that’s the case, as it rolls out the first use case stemming from its recently launched global prepaid money management platform. Those physical and virtual prepaid products can be used to pay online and at stores, anywhere Mastercard is accepted.

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Westlake Financial Securely Raises The Speed Limit For Auto Financing Disbursements

PYMNTS

Westlake spent a month and a half testing use cases and troubleshooting fraud scenarios before it was well aware that immediate payments could bring reduced administrative costs, rapid speeds and 24/7 year-round availability, but such transactions are also nearly irreversible, adding complexity. “We Contingency Planning.

RTP 56