PYMNTS

JUNE 1, 2020

To combat that fraud, data sharing will be key between issuers and merchants, merchants and acquirers and issuers and acquirers. There’s an immediate gap,” said Massaro, that can be addressed by platforms and portals that address KYC and AML requirements and manage foreign exchange (FX) and conversion intricacies.

Cross-Border 69

Cross-Border Payments Privacy Issuers 69

Exact Payments

OCTOBER 30, 2023

Acquiring banks Acquiring banks, also known as acquirers, are banks that process payments on behalf of merchants. Issuing banks Issuing banks, or issuers, are entities that issue customer credit cards and handle the transfer of funds to the merchant’s account. This bank is known as the sponsoring bank.

Facilitators 52

Facilitators Processors Payment APIs and Integration ISOs 52

EBizCharge

NOVEMBER 12, 2024

Financial stability Financial stability is essential during the underwriting process, as this can dictate whether a business can acquire a merchant account. Merchant account providers review financial statements, bank statements, and other financial history documents to assess a company’s fiscal health.

Underwriting 52

Underwriting ISOs Risk Assessment Assessments 52