Payments Source

APRIL 27, 2016

An organization could go to great lengths to protect its internal network only to have all that effort undone by its third party service provider failing to take proper security measures.

Third-Party Service Provider 71

Third-Party Service Provider Checks Risk Service Provider 71

Fintech Finance

JANUARY 24, 2024

The RTP network was built for financial institutions of all sizes and serves as a platform for innovation allowing financial institutions to deliver new products and services to their customers. The post Mastercard and The Clearing House extend partnership on real-time payments appeared first on Fintech Finance.

Real Time Payments 52

Real Time Payments RTP Visa Instant Payments 52

The Paypers

JULY 28, 2020

China-based financial services company UnionPay has announced that Vaulsys will becomes a Third Party Service Provider of UnionPay International.

Third-Party Service Provider 28

Third-Party Service Provider Service Provider Payments 28

PYMNTS

JULY 27, 2020

In a blog post, Dave blamed the data breach on Waydev, a former third-party service provider. According to the FinTech, the “malicious party” gained access to user passwords “stored in hashed form using bcrypt , an industry-recognized hashing algorithm.”.

Data Breach 98

Data Breach Breach FinTech Third-Party Service Provider 98

PYMNTS

DECEMBER 17, 2019

Yet both of these strategies require a third-party service provider to facilitate payment processing, whether funds are coming in via check or ACH. Again, third-party service providers play an important role in alleviating ACH friction for companies.

ACH 52

ACH B2B Third-Party Service Provider ACH Processing 52

Fintech Finance

DECEMBER 20, 2023

Notably, in November, Alchemy Pay successfully obtained a Money Services License in Iowa, following its acquisition of an MTL license in Arkansas in September. Furthermore, Alchemy Pay has gained recognition from Visa and Mastercard as an authorized third-party service provider.

Third-Party Service Provider 52

Third-Party Service Provider NFTs Cross-Border Payments Visa 52

VISTA InfoSec

OCTOBER 20, 2023

Establish an ePHI Communication Strategy: Create a communication plan to inform key stakeholders (like healthcare professionals, management, patients, and third-party service providers) in the event of an ePHI disaster. The plan should outline: How will communication occur?

Disaster Recovery 130

Disaster Recovery Regulatory Compliance Procedures Duplicate 130

PYMNTS

JANUARY 17, 2019

The exchange’s APIs will span product offerings and service offerings such as deposits, foreign currency exchange, insurance and loan offerings — and will also include safe deposit boxes, branch and ATM services that are part of general banking operations.

API 53

API Cross-Border Payments Payment APIs and Integration Cross-Border 53

PYMNTS

DECEMBER 31, 2020

Some may take the time and effort to build direct connections into a new payment rail system while others may seek to reduce their workloads by selecting third-party service providers to facilitate that connectivity for them. Banks and CUs have options for how they make these upgrades.

RTP 67

RTP Real Time Payments Faster Payments Third-Party Service Provider 67

PYMNTS

SEPTEMBER 26, 2019

Earlier this month, we became aware of unusual activity involving a third-party service provider,” the company wrote in a blog post. “We We were subsequently able to determine that an unauthorized third party accessed some DoorDash user data on May 4, 2019.

Breach 62

Breach Third-Party Service Provider Data Breach Credential 62

VISTA InfoSec

NOVEMBER 9, 2023

All payments processed via an internet-connected web browser with a PCI DSS compliant third-party service provider. Eligibility Requirements: Manual input of payments through a single, Internet-connected device is required, either as a brick-and-mortar or mail/telephone-order merchant.

PCI DSS 130

PCI DSS Assessments Compliance Credit Cards 130

PYMNTS

JULY 9, 2020

Under the FCA’s new rules, payment providers and electronic money issuers must maintain records of all funds received and maintain a “safeguarding account” for customer money, the news outlet reported. .

Rules 67

Rules Third-Party Service Provider Money Laundering Regulations 67

PYMNTS

JANUARY 13, 2020

Federation of Small Businesses (FSB) has released the results of a survey of small to medium-sized businesses’ (SMBs) embrace of open banking two years since the framework took hold and discovered that SMBs continue to distrust lenders. According to reports Monday (Jan.

Third-Party Service Provider 52

Third-Party Service Provider Small Business FinTech Payroll 52

PYMNTS

AUGUST 23, 2019

The loyalty program, Priceless Specials, was operated by a third-party service provider and was shut down after the company first became aware of the breach.

Breach 61

Breach Visa Third Party Vendors Third-Party Service Provider 61

PYMNTS

JULY 1, 2020

“Sensitive processes performed outside of bank-owned or authorized properties and devices can increase the risk of fraud and potential for exposure of customers’ sensitive information.”.

OCC 66

OCC Compliance Risk Office of the Comptroller of the Currency 66

PYMNTS

DECEMBER 18, 2019

In June , Payrailz announced that it had established status as a third-party service provider to connect financial institution clients into The Clearing House’s RTP network. The company was named one of the “2019 Best Places to Work in FinTech,” a project of SourceMedia and Best Companies Group.

Visa 58

Visa Real Time Payments Third-Party Service Provider RTP 58

PYMNTS

JULY 6, 2017

bank-funded entity that was mandated by the Competition and Markets Authority to provide new ways for customers to share their financial data with non-bank providers, has released an API specification for accounts and transaction information and payments initiation. Open Banking, the U.K.

Payment Initiation 71

Payment Initiation API Third-Party Service Provider Non-Bank 71

PYMNTS

AUGUST 13, 2019

12) said Amazon’s Marketplace Appstore is now live in India, allowing sellers to access third-party applications to promote automation, business management and growth. Reports in the Economic Times of India on Monday (Aug. Businesses can access the app marketplace via the Amazon Seller Central dashboard.

B2B 55

B2B Third-Party Service Provider Automation Service Provider 55

The Paypers

MARCH 18, 2016

(The Paypers) American Express has warned cardholders that their account information might have been exposed after a third-party service provider suffered a data breach in 2013.

Breach 28

Breach Third-Party Service Provider Data Breach Service Provider 28

PYMNTS

APRIL 24, 2017

The vast majority, too, depend on a third-party service provider for this service. But half of the companies surveyed said they don’t use a third-party content provider — and 80 percent of them aren’t able to integrate product management across web, mobile, application and physical stores, they told surveyors.

B2B 70

B2B Third-Party Service Provider B2C On-Demand 70

PYMNTS

DECEMBER 19, 2018

Merging with Tradeshift will enable companies to access Babelway solutions via Tradeshift Link to integrate various systems that businesses use to buy goods and services, pay vendors and sell to other companies, providing an interconnected supply chain.

Third-Party Service Provider 51

Third-Party Service Provider Acquirers B2B Finance 51

PYMNTS

OCTOBER 3, 2019

But the “huge difference” between the B2C and B2B world, he noted, is that data security is often a contractual obligation for a corporation and its third-party service providers. “In in particular.

Privacy 55

Privacy Finance Third-Party Service Provider B2C 55

PYMNTS

SEPTEMBER 16, 2019

Amazon’s Marketplace Appstore is now live in the country, enabling sellers to access third-party applications to promote their business management, automation and growth goals. Businesses can tap into the app marketplace via the Amazon Seller Central dashboard.

Third-Party Service Provider 43

Third-Party Service Provider Origination B2B Automation 43

PYMNTS

JULY 24, 2020

The company announced the new investment from Matrix Partners India and Sequoia Capital India, while existing backers Info Edge and Waterbridge Ventures also provided investment, reports in the Economic Times of India said. Selina Finance. million in new funding, U.K.

B2B 64

B2B Third-Party Service Provider Small Business Finance 64

PYMNTS

OCTOBER 9, 2019

While it’s true that smaller players lack the resources to upgrade systems to support their own enhancements to accounts receivable, auditing and process automation, he pointed to third-party service providers and banks’ own shortcomings in making better solutions more easily accessible. Failure to Act.

B2B 46

B2B Third-Party Service Provider Payments Audit 46

PYMNTS

JANUARY 9, 2018

Through Amazon’s In-Home Kit, which includes Amazon Cloud Cam and a smart lock compatible with the service, users are able to monitor in-home deliveries through an app on their phones or through other compatible devices. Amazon’s service also offers keyless access for friends and relatives of users.

Third-Party Service Provider 53

Third-Party Service Provider Privacy Facilitators Participant 53

PYMNTS

AUGUST 13, 2020

Choosing the right third-party service providers can be tactical. Beyond the cloud service providers, other partners like NuoDB can not only guide entities in their cloud migration journeys, but also facilitate connectivity between clouds to elevate performance.

Third-Party Service Provider 133

Third-Party Service Provider Payments Service Provider Volume 133

PYMNTS

APRIL 9, 2018

Payments and commerce company PaySimple announced its latest integration into a third-party service provider.

Cash Management 60

Cash Management Third-Party Service Provider Payments ACH 60

PYMNTS

MARCH 16, 2018

At launch, Amazon said third-party service providers — such as cleaners or pet sitters — can be integrated directly through the application. Through the kit, users are able to monitor in-home deliveries through the Amazon Key app on their phones or through other compatible devices.

Third-Party Service Provider 51

Third-Party Service Provider Consumer Facilitators Service Provider 51

PYMNTS

JANUARY 14, 2019

The offering, which the organization said is the first open API exchange platform in Hong Kong that backs cross-industry operation, provides service and product information.

Blockchain 50

Blockchain Payment APIs and Integration Stablecoins Third-Party Service Provider 50

PYMNTS

AUGUST 28, 2018

The company will also look to connect with third-party service providers that want to participate in the small business financing process, including debt collection and insurance companies. last year.

Blockchain 40

Blockchain Finance Third-Party Service Provider Small Business 40

Fintech News

FEBRUARY 26, 2024

In APAC, banks are providing financial marketplaces to drive customer trust and loyalty. They are also leveraging APIs to connect with third-party service providers, enabling them to offer a diverse range of products and services within their marketplace.

APACS 52

APACS BNPL Embedded Finance Payment APIs and Integration 52

PYMNTS

MARCH 8, 2018

The draft law, writes the NRF, “does not ensure that all breached businesses have obligations to investigate and provide notice to regulators and consumers of their breaches.

Data Breach 40

Data Breach Breach Laws Third-Party Service Provider 40

PayHawk

APRIL 18, 2023

Payment Gateway A service that enables merchants to accept electronic payments from customers through a website or mobile application. Payment Processor A third-party service provider that facilitates electronic payments and transfers funds between the merchant’s bank account and the card issuer.

Process 52

Process Card Issuer Online and Mobile Banking Issuers 52

PYMNTS

JANUARY 14, 2020

Other regulations adding weight to financial service providers’ compliance burden include Europe’s PSD2 and the U.K.’s ’s Open Banking , which promote end-customer ownership of financial data and enable those customers to allow for banks to share their financial data with third-party service providers.

Security 101

Security PCI DSS Compromise Service Provider 101

PYMNTS

JULY 25, 2018

Earlier this year, Oracle rolled out Oracle Banking APIs , a set of APIs for retail and corporate banking that support FIs’ efforts to develop partnerships with third-party service providers. Oracle is also enhancing its financial management services directly for corporate customers.

Accounts 40

Accounts Payment APIs and Integration Third-Party Service Provider Non-Bank 40

PYMNTS

NOVEMBER 7, 2017

The service also offers keyless access for friends and relatives of users. In the future, third-party service providers – such as cleaners or pet sitters – will be integrated directly through the application.

Third-Party Service Provider 40

Third-Party Service Provider Privacy Facilitators Service Provider 40