Basis Theory

DECEMBER 17, 2024

The personal account number, or PAN, can do more - understand push provisioning and account updaters to boost revenue.

Accounts 88

Accounts Payments 88

Fintech News

DECEMBER 10, 2024

Revolut, a global neobank with over 50 million users, has introduced Joint Accounts in Singapore to simplify financial management for various types of duos. Revoluts Joint Accounts aim to address these issues by providing users with an extra account within the Revolut app that can be jointly owned by two individuals.

Accounts 78

Accounts Multi-Currency APACS Procedures 78

Fintech Finance

OCTOBER 28, 2024

Nium, the leading global infrastructure for real-time cross-border payments, today announced the launch of Nium Verify , a real-time bank account verification solution for businesses and individual accounts, available across 50 markets. In 2020, failed payments were estimated to cost the global economy $118.5

Verification 96

Verification Global Payments Accounts Cross-Border 96

Finextra

OCTOBER 22, 2024

HSBC has launched a new cross-border virtual account proposition for banks worldwide, enabling their merchant business customers trading on e-commerce sites to receive EUR and GBP payments via their local bank account.

Accounts 97

Accounts Cross-Border Payments 97

FloQast

NOVEMBER 20, 2024

Efficient account reconciliations is a cornerstone of modern accounting practices, demanding precision and speed to keep pace with today’s financial landscape. Designed with the specific needs of accountants in mind, FloQast AI Transaction Matching automates many tedious tasks associated with transaction reconciliation.

Reconciliation 89

Reconciliation AI Transactions Accounts 89

Fintech Finance

NOVEMBER 7, 2024

The cloud accounting software company, which is an existing GoCardless customer, will now become one of its 350+ partners by integrating GoCardless’ payment capabilities into its platform. In addition to helping accountants and SMEs reduce late payments and bad debt, this will also free up time so they can focus on client-facing activities.

Accounts 82

Accounts Payments Transactions Finance 82

VISTA InfoSec

JANUARY 18, 2024

Changing Defaults and Removing Unnecessary Accounts Before installing a system on the network, it’s crucial to change all vendor-supplied defaults and disable or remove any unnecessary default accounts. Vendor manuals and online sources can be used to find vendor-supplied accounts and passwords. PCI DSS v3.2.1 PCI DSS v4.0

PCI DSS 288

PCI DSS Procedures Encryption Security 288

Fintech Finance

OCTOBER 30, 2024

Tuum , a next-generation core banking provider, is pleased to announce the appointment of David Abbott as Vice President, Payments Business Unit and Strategic Accounts. The post Tuum Appoints David Abbott as VP, Payments Business Unit and Strategic Accounts appeared first on FF News | Fintech Finance.

Accounts 79

Accounts Cross-Border Payments Cross-Border Payments 79

Finextra

NOVEMBER 13, 2024

Viamericas, a leading licensed money transmitter known for its international money transfer, bill payment, check processing, and top-up services, is proud to announce the launch of its rapid cash-to-account transfer service in the United States.

FedNow 92

FedNow Accounts Checks Process 92

Fintech Finance

NOVEMBER 13, 2024

Viamericas , a leading licensed money transmitter known for its international money transfer, bill payment, check processing, and top-up services, is proud to announce the launch of its rapid cash-to-account transfer service in the United States.

Accounts 88

Accounts FedNow RTP Enrollments 88

Fintech Finance

NOVEMBER 4, 2024

Fast and convenient withdrawals: Wise customers in the Philippines moving funds from their Wise account to their local banks or e-wallets will see the money arriving in under 20 seconds.

Instant Payments 92

Instant Payments Settlement Accounts Cross-Border Payments 92

Fintech Finance

OCTOBER 29, 2024

The partnership brings Airwallex’s global payments and financial operating capabilities into the Viably ecommerce financial platform, allowing businesses to simplify cross-border transactions and management of multiple currencies in a single account.

Multi-Currency 83

Multi-Currency Cross-Border Transactions Accounts 83

Fintech Finance

DECEMBER 5, 2024

TreviPay , the most-trusted B2B payments and invoicing network, today announced it has been named a Major Player in the IDC MarketScape: Worldwide Accounts Receivable Automation Applications for the Enterprise 2024 Vendor Assessment 1. Traditional accounts receivable processes are ripe for disruption.

Automation 90

Automation Payment APIs and Integration Accounts Assessments 90

VISTA InfoSec

JUNE 19, 2024

The DPH said the incident took place between February 19-20, 2024, was caused by a gang of cyber criminals who gained access to the log-in credentials of email accounts of 53 employees through a phishing email. The stolen data includes personal, medical and financial information. It, however, did not disclose when the breach was detected.

Data Breach 263

Data Breach Breach Phishing Credential 263

VISTA InfoSec

FEBRUARY 25, 2024

User Account Details Usernames, passwords, security questions, login timestamps, failed login attempt logs, password reset tokens, multifactor authentication details, and session IDs. And painful account recovery procedures await all users who must reset passwords across potentially dozens of breached websites.

Data Breach 266

Data Breach Breach Multifactor Authentication Cybersecurity 266

Payments Dive

MAY 28, 2024

The card network is focused on “stubborn categories” where large account-to-account payments have taken hold, such as in healthcare, education and rent, a Visa executive said.

Accounts 183

Accounts Payments 183

Stax

MAY 20, 2024

What accounting rules do subscription businesses need to abide by in order to stay compliant with global standards? Effective management of unearned revenue involves cash flow forecasting, using the right accounting software, and mitigating the risks associated with subscription churn. Learn More What is Unearned Revenue?

Accounts 167

Accounts Adjustments Legal Agreements 167

Payments Dive

SEPTEMBER 30, 2024

households have a bank account, just under half use a nonbank payment service, Kansas City Federal Reserve Bank research says. While most U.S.

Federal Reserve 167

Federal Reserve Fed Digital Payments Consumer 167

Payments Dive

OCTOBER 17, 2024

The retailer is offering the mega-processor’s Clover equipment and account services to its business clients at a discount through next January.

Processors 167

Processors Accounts 167

VISTA InfoSec

APRIL 5, 2024

Emphasis on accountability and trust Working remotely calls for a more profound sense of accountability and trust within the business because people don’t always see each other. The setup also enables flexibility to accomplish tasks whenever and wherever, as long as they finish the job.

Best Practices 278

Best Practices Business Continuity Continuity Compromise 278

Payments Dive

DECEMBER 13, 2024

The former worker issued dozens of cards linked to accounts opened by another TD employee in the names of shell companies, and received bribes for that work, the Justice Department alleged.

Debit Card 148

Debit Card Accounts 148

Payments Dive

MAY 1, 2024

accounting for only a 1.5% “Real-time payments are still in their infancy in the U.S., share of the total payments volume in 2023,” ACI Worldwide said.

Real Time Payments 167

Real Time Payments Volume Payments Accounts 167

Payments Dive

NOVEMBER 4, 2024

Some of the corporate investors are also partnering with the accounts payable and receivable company they’re backing.

Accounts 160

Accounts 160

Payments Dive

OCTOBER 1, 2024

billion to a litigation escrow account as it battles a Justice Department lawsuit and ongoing legal case with merchants. The company added $1.5

Legal 158

Legal Accounts 158

Payments Dive

OCTOBER 12, 2023

The deal will enhance NMI’s underwriting capabilities and allow ISVs and fintechs to create merchant accounts within the company’s existing platform, NMI said.

ISVS 174

ISVS Acquirers Underwriting Accounts 174

Finextra

JULY 2, 2024

The European Payments Initiative (EPI) has launched its mobile-first wallet and instant account-to-account payments system in Germany, with other counties set to follow in the coming months.

Payment Initiation 128

Payment Initiation Accounts Payments 128

Open Banking Excellence

MAY 23, 2024

Following this announcement, the Konsentus Q1 2024 TPP tracker has revealed an overall growth in the European third parties that are regulated to provide Open Banking services around their domestic market, as well as an overall increase in TPPs authorised to initiate payments and transactions on an account holder’s behalf.

Cross-Border 130

Cross-Border Cross-Border Payments Non-Bank Regulations 130

Payments Dive

SEPTEMBER 20, 2024

The e-commerce platform will also let consumers connect their PayPal and Prime accounts next year, and access free shipping via Buy with Prime on some merchants’ sites.

PayPal 148

PayPal Accounts Consumer 148

Payments Dive

SEPTEMBER 4, 2024

Now, some users have holds on their accounts. Some customers deposited bad checks and immediately withdrew funds before the checks bounced in a glitch that went viral on TikTok.

Checks 147

Checks Accounts 147

Finextra

SEPTEMBER 11, 2024

The number of card transactions in Europe is set to plummet by more than a third over the next three years, driven by the rise of account-to-account payments as ventures such as the EPI's new Wero wallet gain traction, claims a Capgemini report.

Transactions 126

Transactions Payments Accounts 126

Finextra

SEPTEMBER 19, 2024

Walmart is teaming up with Fiserv to let online shoppers pay directly, and instantly, from their bank accounts.

Payments 138

Payments Accounts 138

Finextra

DECEMBER 22, 2024

billion in cryptocurrency in 2024, with hackers associated with North Korea accounting for $1.3 Crooks stole $2.2 billion, according to a study from Chainalysis.

Cryptocurrency 123

Cryptocurrency Accounts 123

VISTA InfoSec

OCTOBER 21, 2024

Starting by ensuring that every account you have has a unique and strong password. Whenever possible, make sure to enable two-factor authentication, as this will add another layer of protection to your accounts. Finally, keep an eye on your account for any unusual activity such as logins from devices that don’t belong to you.

Cybersecurity 199

Cybersecurity Encryption Scams Cryptocurrency 199

Open Banking Excellence

MARCH 5, 2024

The DPS offers three main use cases – cheaper payments (without the need for bank cards), account sharing information (for aspects such as affordability and fraud prevention) and payee confirmation (to check funds are going to the right account).

Innovation 147

Innovation Payment APIs and Integration Push-to-Card Use Case 147

Fintech News

OCTOBER 21, 2024

According to the 2021 Financial Inclusion Survey by the Bangko Sentral ng Pilipinas (BSP), formal account ownership stood at 56% in 2021, a remarkable rise from 29% in 2019, 23% in 2017 and 17% in 2015. In 2021, e-money accounts surpassed bank accounts as the most commonly held financial accounts in the country.

Financial Inclusion 126

Financial Inclusion Embedded Finance Payments Push-to-Card 126

Fintech News

DECEMBER 22, 2024

OCBC China will also act as XTransfer’s global account manager, working closely with the banks subsidiaries to support cross-border settlements and facilitate business growth. The partnership will leverage OCBCs regional network in markets including Singapore, Hong Kong, Malaysia, and Indonesia.

Cross-Border Settlement 105

Cross-Border Settlement Cross-Border Multi-Currency Cross-Border Payments 105

Finextra

NOVEMBER 19, 2024

South African fintech Mama Money Financial Services has launched a new bank card that enables cardholders to manage their account and money through WhatsApp.

Bank Card 125

Bank Card Accounts FinTech 125