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How Direct Debits Can Help with Persistent Debt and IFRS 9

FICO

With IFRS 9, issuers will be looking at ways to prevent credit card accounts moving from stage 1, where they must provision for a 12-month expected loss (based on the balance and a proportion of the remaining limit), to stage 2, where this moves to a lifetime losses provision. Who Has a Direct Debit?

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TSYS Brings Real-Time Alerts To Europe

PYMNTS

TSYS will bring its risk management solutions that enable cardholders to monitor their accounts and prevent fraudulent activity with real-time access to communication options, including push notifications, SMS text messaging, voice messages and email. TSYS clients in Europe now have access to real-time, on-demand cardholder alerts.

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How long do pending transactions take to clear?

EBizCharge

While pending transactions temporarily reduce your available balance, they dont affect your current balance until they clear. During this pending period, the transaction details are being processed and are awaiting final confirmation by the credit card issuer or payment processor.