Fintech Review

DECEMBER 3, 2024

Two-factor authentication (2FA) and biometric verification add additional layers of protection. The Payment Services Directive 2 (PSD2) in the European Union mandates strong customer authentication (SCA) for online transactions. Emerging Payment Technologies Technological advancements continue to reshape the payment landscape.

Payment Solutions 97

Payment Solutions Payments Contactless Payments Online and Mobile Banking 97

PYMNTS

FEBRUARY 13, 2019

Rapyd, the Silicon Valley-based startup that offers a slew of financial services from payments to ID verifications from one API, has raised $40 million in venture funding. The Series B round of funding was led by General Catalyst and Stripe, the digital payments company.

Alternative Payment Methods 46

Alternative Payment Methods Non-Bank API Debit Card 46

PYMNTS

FEBRUARY 4, 2020

The platform has also supercharged the authentication process and opened up to a number of alternative payment methods. According to previous PYMNTS research only about a quarter of sharing economy platforms require strong identity verifications online. Well-delivered, these can turn browsers into bookers.

Payment APIs and Integration 52

Payment APIs and Integration Alternative Payment Methods Economy Authentication 52

EBizCharge

JANUARY 14, 2025

Here are seven factors to consider when choosing your payment gateway: Security features: Payment security is essential to protect your internal business infrastructure and sensitive customer payment data. Without proper training and the support of a reliable payment service provider, the risk of errors can increase.

Payment Gateways 52

Payment Gateways Gateways Payment APIs and Integration Online and Mobile Banking 52

Clearly Payments

OCTOBER 25, 2024

Chargeback Management : High-risk payment processors put systems in place to manage chargebacks. This could include verification systems, 3D secure authentication, and detailed tracking of customer activity. Businesses often need to use tools that help reduce fraud and keep chargebacks under control.

Risk 52

Risk Accounts Processors Disputes 52

EBizCharge

AUGUST 22, 2024

Card decline codes often vary by payment processor and card company, such as American Express or Visa. It’s essential to be aware of various credit card decline codes since they can dictate whether to resubmit a transaction or an alternative payment method is necessary.

Credit Cards 52

Credit Cards Card Issuer Issuers Point-of-Sale (POS) 52

Stax

MARCH 15, 2024

This method is widely used but can be vulnerable to password guessing or theft if not properly managed. 2FA requires users to provide two different forms of verification before accessing their accounts or making transactions. Two-Factor Authentication (2FA). Digital Certificates.

Process 88

Process Security PCI DSS Encryption 88

PYMNTS

JANUARY 22, 2021

As with any payment method, fraud attacks and human errors can upend customer experiences unless companies have strong security strategies in place. Alvarez explained in a recent PYMNTS interview how effectively securing real-time transactions requires thorough contingency planning and advanced customer verification methods.

RTP 56

RTP Finance Security Real Time Payments 56

PYMNTS

MARCH 11, 2020

Australia limits contactless payments to $100 AUD ($70.44), for example, while the United Kingdom enforces a £30 ($38.21) maximum. Biometric cards are powered by small onboard batteries that recharge at contactless payment terminals, but many older terminals do not support this function.

Contactless Payments 52

Contactless Payments Payments Privacy Credit Cards 52

Payment Savvy

JUNE 12, 2023

However, after completing identity verification , users are eligible to send up to $60,000 USD per week. There is no solution here other than exploring alternative payment methods while the payer goes through the process of verification (which obviously isn’t going to happen during the point of transaction).

Venmo 52

Venmo Payments Payer Card Issuer 52

PYMNTS

JUNE 24, 2016

Hopkins said Abila keeps a constant dialogue with clients and partners to identify the emerging technologies and needs they are expecting, but that education plays a very important role in helping to stay abreast of the complex payments industry. However, security and safeguarding transactions remains a top priority.

Payments 40

Payments Alternative Payment Methods Electronic Payment Processing Payment Gateways 40

Stax

JANUARY 10, 2024

In some cases, surcharging can encourage customers to use alternative payment methods that incur lower fees for the merchant, such as cash, debit cards, or ACH. This can result in an overall reduction in the average cost of processing payments. By implementing a surcharge, the merchant (i.e.

Credit Cards 88

Credit Cards Processors Debit Card Processing Costs 88

Clearly Payments

DECEMBER 3, 2024

Solution for Merchants : Encourage alternate payment methods : If possible, suggest splitting payments across multiple cards or using a different payment method. Offer payment plans : For larger purchases, consider offering installment plans to spread the cost over time.

Credit Cards 52

Credit Cards Address Verification System (AVS) Card Issuer Alternative Payment Methods 52

Finovate

MARCH 21, 2025

The goal of the partnership is to facilitate cross-border payouts, leveraging the integration of more than 900 local and alternative payment methods (APMs) such as credit and debit cards, bank transfers, and instant transactions.

Embedded Finance 69

Embedded Finance Innovation Finance Cross-Border 69