Fintech News

MARCH 10, 2025

Earlier today, a notice published on the company’s mobile app indicated processing delays , causing withdrawal requests to take up to 10 business days to settle.

Finance 79

Finance Debit Card Business Day Volume 79

EBizCharge

DECEMBER 3, 2024

Batching: The merchant compiles authorized transactions into a batch throughout the day. At the end of the business day, this batch is submitted to the acquirer for processing. Cutoff times are another important consideration, as transactions submitted after a specific time may be pushed to the next business day.

Credit Cards 52

Credit Cards Settlement Finance Issuers 52

Fintech News

MARCH 17, 2025

The company is working to process withdrawals in line with its standard redemption timeline of three to six business days. On 12 March 2025, Chocolate Finance assured customers that withdrawals would be processed within three to six business days, aligning with standard investment fund redemption practices.

Debit Card 64

Debit Card Caps Finance Volume 64

Fintech News

MARCH 9, 2025

Airwallex further supports fast global payouts to more than 170 markets within one business day, and platforms can issue branded multi-currency cards to creators globally, enabling streamlined local and international purchases, quicker access to funds, and easy tracking of spending.

Embedded Finance 77

Embedded Finance Economy Multi-Currency Finance 77

The Fintech Times

FEBRUARY 26, 2025

Pipe delivers cash advances without requiring personal guarantees or credit checks – meaning businesses can access capital in as little as one business day. Eligible GoCardless customers can now utilise this easy-to-access financing within the GoCardless platform.

Small Business 64

Small Business Finance Business Day Economy 64

The Fintech Times

MARCH 3, 2025

Receiving a check from a 401(k) provider can take up to 15 business days assuming a person can get in touch with their provider in a timely manner. Additionally, 100 per cent of a plans contributions will be processed within five business days of running payroll.

Participant 59

Participant Non-Bank Payroll Business Day 59

Stax

MARCH 27, 2025

ACH payments are grouped and then processed in batches four times per business day by the National Automated Clearing House Association (NACHA). With its unique structure, ACH transfers work well for improving business cash flow. Wire transfers are processed within 24 hours to a few days.

ACH 88

ACH Electronic Funds Transfer (EFT) Wire Transfer Wires 88

EBizCharge

NOVEMBER 7, 2024

While clearing timeframes can vary, they usually align with the settlement cycle, which indicates the number of business days required to finalize a transaction. Settlement typically occurs on a specific business day during the settlement cycle, which varies depending on the transaction type.

Settlement 52

Settlement ACH Central Bank Mitigation 52

Fintech News

NOVEMBER 12, 2024

Investigation timelines for fraudulent activity remain the same for all accounts, with banks expected to resolve standard cases within 21 business days and complex cases within 45 business days. This framework ensures banks compensate scam victims if institutional responsibilities are breached.

Accounts 106

Accounts Financial Literacy Transaction Limits Scams 106

The Fintech Times

OCTOBER 28, 2024

Neil Richards , general manager business funding at Dojo, comments: “Dojo’s partnership with YouLend has enabled Dojo to help SMEs thrive in the experience economy. ” Following the £1billion milestone, the two fintechs plan to further scale their partnership and expand business funding to new European markets this year.

Embedded Finance 64

Embedded Finance Small Business Finance On-Demand 64

The Payments Association

NOVEMBER 29, 2024

PSD2 guidelines require issuers to contact credit cardholders on the next business day in cases of fraud disputes, so solutions that communicate with account holders in real-time will protect revenue streams and facilitate meaningful customer relationships.

Disputes 88

Disputes Issuers Card Issuer Payment APIs and Integration 88

The Fintech Times

APRIL 2, 2025

Transfers will be processed immediately or within one to three business days for most destinations, contributing to smoother cash flows and seamless business operations. Natalia Goh, CEO of MariBank At MariBank, were deeply committed to listening to our customers and understanding their evolving needs.

Cross-Border Payments 52

Cross-Border Payments Cross-Border Wire Transfer Wires 52

EBizCharge

DECEMBER 23, 2024

Here, transactions are accumulated and processed within one to three business days. Typically, credit card payments are completed in real-time or by the next business day. This payment system is predominantly used for payroll, direct deposits, and bill payments. An ACH payment operates through a batching method.

Credit Cards 52

Credit Cards ACH Payments Disputes 52

Fintech News

SEPTEMBER 16, 2024

Transactions take 3-5 business days to process, and users will receive an e-receipt via email. Users can add up to eight payment items in one transaction, with a maximum payment limit of S$2,000 and a 2% service fee.

Cross-Border Payments 120

Cross-Border Payments Cross-Border Payments Payment Solutions 120

Agile Payments

MARCH 27, 2020

If your property management complex is closed on the weekends, clerks are likely to be overwhelmed as soon as they open on the next available business day. When rent payments come due, you don’t want your property management staff overwhelmed! Likewise, today’s customers expect to be able to make payments whenever, wherever.

Business Day 88

Business Day Payments 88

Fintech News

JANUARY 10, 2024

MAS emphasised that licensees are required to ensure that money accepted for transfer is deposited in the recipient’s account within a stipulated timeframe of three to seven business days. Furthermore, these companies must provide adequate documentary evidence confirming that the recipient has indeed received the money.

Authorization 114

Authorization Business Day Adjustments Breach 114

Fintech News

FEBRUARY 25, 2024

MAS has directed Samlit to ensure that beneficiaries of uncompleted remittance transactions receive the funds within seven business days, even after the surrender of its license. If the funds are not received by a beneficiary within seven business days, Samlit is required to contact the remitter immediately for further instructions.

Authorization 107

Authorization Laws Business Day Compliance 107

Fintech Finance

JULY 12, 2024

In its most recent update in October 2023, the Financial Stability Board reports there is a shortfall against G20 targets in the proportion of retail services that make funds available to the consumer in an hour (42% vs target of 75%) and in one business day (76% vs target of 100%).

Cross-Border 140

Cross-Border Real Time Payments Cross-Border Payments Cross-Border Settlement 140

Stax

SEPTEMBER 17, 2024

TL;DR ACH is cost-effective and ideal for recurring payments, with transfer times ranging from 1-3 business days. This entire process can take anywhere from a few hours to a couple of days to complete. However, the initiator can choose to pay extra fees for same-day processing.

Wire Transfer 88

Wire Transfer Wires Wire ACH 88

Fintech Finance

APRIL 7, 2025

A busy day of content is rounded off by networking sessions tailored to the needs of participants. Attendees can look forward to uncovering the complexities of customer behaviour, crafting flawless customer journeys and experiences, fostering digital inclusivity for all user types, and examining the role of emerging technologies.

Embedded Finance 52

Embedded Finance Participant Finance Digital Currency 52

Fintech Finance

APRIL 7, 2025

A busy day of content is rounded off by networking sessions tailored to the needs of participants. Attendees can look forward to uncovering the complexities of customer behaviour, crafting flawless customer journeys and experiences, fostering digital inclusivity for all user types, and examining the role of emerging technologies.

Embedded Finance 52

Embedded Finance Participant Finance Digital Currency 52

Payments Source

APRIL 7, 2020

The “hold” period has shrunk considerably, from 10 business days to typically now three, one or zero, making it harder to spot suspicious activity, says FICO's Liz Lasher.

Instant Payments 77

Instant Payments Business Day Payments Faster Payments 77

Clearly Payments

APRIL 5, 2024

Batching : At the end of the business day, the merchant sends all the day’s authorized transactions, known as a batch , to their payment processor. Several factors can affect this timeline: Banking Hours and Holidays: Transactions are typically processed only on business days.

Credit Cards 100

Credit Cards Transactions Processors Cross-Border 100

The Fintech Times

DECEMBER 1, 2024

” Send like a local HSBC’s ‘Global Money Transfers’ offering looks to enable customers to ‘Send Like a Local’ with same-day or next-business-day delivery to most destinations through its mobile banking app.

Cross-Border Payments 59

Cross-Border Payments Cross-Border Multi-Currency Wire Transfer 59

Fintech News

DECEMBER 4, 2023

These businesses will be able to receive international earnings directly into their India-based bank accounts within a single business day due to automated, fast, error-free reconciliation processes.

Cross-Border Payments 117

Cross-Border Payments Cross-Border Payment APIs and Integration APACS 117

PYMNTS

SEPTEMBER 15, 2020

The new "Instant Payments" offering lets employers fund payroll in close to real time, eliminating the lag between when funds leave an employer's account and when those funds arrive in employees' accounts, which Square says can stretch to as much as four business days.

Payroll 102

Payroll Instant Payments On-Demand Direct Deposit 102

Fintech Finance

MARCH 6, 2025

Fast Global Payouts for Creators: Platforms can send payouts to their global creators in 170+ markets in as little as a single business day. Funds travel using local payment rails in 120+ countries, expediting payouts and saving platforms from expensive payout fees.

Embedded Finance 52

Embedded Finance Economy Multi-Currency Finance 52

CB Insights

MARCH 3, 2022

deals per business day. Tiger Global has only accelerated its dealmaking in 2022 so far, doing 2 deals per business day — in spite of a rocky few months of lower-than-average fund returns and a broader public-market tech stock selloff. That equates to 1.3 GET THE FULL REPORT.

NFTs 69

NFTs Business Day Returns Blockchain 69

Fintech News

JULY 1, 2024

The framework also includes a redemption mechanism that assures holders the right to redeem their stablecoins for equivalent fiat currency within five business days of a legitimate request.

Stablecoins 111

Stablecoins Regulations Audit Issuers 111

Fintech Finance

DECEMBER 13, 2024

Funds are reflected in Helios’ bank accounts within one business day. “By enabling cryptocurrency as a payroll funding option, we’re offering businesses greater flexibility and a more efficient way to manage global payments,” said Rick Hammell, CEO and Founder of Helios. Approve payments.

Payroll 98

Payroll Process Cryptocurrency Money Laundering 98

PYMNTS

NOVEMBER 25, 2020

Other merchants told Bloomberg similar stories, saying that problems began over the weekend and that they fear issues will continue through the busy days of Black Friday, Small Business Saturday and Cyber Monday. Hart said that about 70 percent of his inventory is being delayed by as much as a week.

Volume 106

Volume Consulting Small Business Business Day 106

PYMNTS

APRIL 15, 2020

The card should arrive within five to seven business days. Customers can sign up at WalmartMoneyCard.com and get the necessary information to provide the government for the stimulus money. Walmart said it will also be useful in the current pandemic environment as more people are using the internet to shop rather than going out.

Checks 98

Checks Direct Deposit Accounts IRS 98

Finextra

MAY 28, 2024

In the past, buying or selling a stock meant waiting two business days for the trade to settle (T&#4.

Settlement 52

Settlement Business Day 52

PYMNTS

AUGUST 5, 2020

During the initial launch, eligible sellers may receive up to $25,000 in funding in as little as one business day.”. “We The release said eBay Seller Capital “is rolling out now as a pilot program with select sellers, and will be available to all eligible sellers in the U.S. later this year.

Finance 93

Finance PayPal Agreements Origination 93

PYMNTS

MAY 15, 2020

million by 813,000 on March’s final business day. And the tally of individuals resigning from their positions voluntarily declined to 2.78 million by 654,000. In addition, the government indicated that job openings fell to 6.19 In January 2019, vacancies hit a hit of 7.52 Also, the job openings rate declined from February’s 4.4

Economy 89

Economy Payroll Government Governance 89

Chargebee

JULY 29, 2024

It’s a crisp, bustling morning in Midtown Manhattan, and the team at Mediaspere is gearing up for another busy day. Mediaspere, a mid-sized digital media firm celebrated for its compelling storytelling and high-quality production, finds itself at a crossroads.

Business Day 52

Business Day Product 52

Stax

JUNE 27, 2024

Additionally, ACH payments are processed in batches and take a few business days (though they’re usually cheaper), whereas wire transfers are processed individually and can be completed within the same day. These batches take up to a few days to get processed.

Wire Transfer 88

Wire Transfer Wires Wire ACH 88