The Payments Association

FEBRUARY 10, 2025

Mitigating risks by limiting the number of vIBANs issued to a single customer, imposing transaction limits on vIBAN usage based on the risk profile and enhancing scrutiny of high-risk accounts through periodic audits or on-site visits. Different jurisdictions apply inconsistent standards, leading to regulatory arbitrage.

IBAN 88

IBAN AML Master Account Due Diligence 88

Stax

AUGUST 22, 2024

It can also help to teach them about best practices they can follow to prevent fraudulent transactions. Conducting background checks, assessing their credit, evaluating their business model, verifying their transaction history, and assessing financial stability are just some of the steps required to vet a merchant.

Risk Management 88

Risk Management Risk Regulatory Compliance Due Diligence 88

Clearly Payments

OCTOBER 22, 2024

In most contactless payments, a PIN is not required for lower-value transactions, typically up to $100–$250 depending on the region. However, for higher-value purchases or when a customer reaches a cumulative transaction limit, the system may prompt for a PIN or card insertion for security reasons.

Debit Card 105

Debit Card Credit Cards Point-of-Sale (POS) Encryption 105

PYMNTS

AUGUST 23, 2018

Their collaboration, announced earlier this week, will see PEX’s employee prepaid card solution — which lets managers view and control employee spend, with transaction limits and supplier guidelines — integrated into BuyQ’s existing procurement solutions designed for charter schools.

Best Practices 40

Best Practices Transaction Limits Reconciliation End User 40

Stax

JANUARY 1, 2024

These might include free business advice, options to set up joint account holders for partnerships, higher transaction limits, or bundled products and services that offer cost savings. Analyze all associated fees, such as monthly maintenance fees, transaction fees, or minimum balance fees, and how they might offset interest earnings.

Accounts 88

Accounts Online and Mobile Banking API ATM 88

Segpay

MARCH 10, 2025

Configure Payment Settings Adjust payment preferences within your gaming platform, including supported currencies, transaction limits, subscription models, and payout options to match your business strategy. Implementing industry best practices helps safeguard sensitive data, prevent fraud, and maintain player trust.

Payment Gateways 40

Payment Gateways Gateways Payment Solutions Payment APIs and Integration 40

Nanonets

JANUARY 17, 2024

Let's see how InnovateX, or any other company adopting expense management best practices and solutions is able to effectively address traditional expense management issues: Real-Time Data is King : In the fast-paced business world, making decisions based on last quarter’s data is like driving using your rearview mirror.

Payment APIs and Integration 52

Payment APIs and Integration Compliance Automation Audit 52