VISTA InfoSec

FEBRUARY 25, 2024

They take advantage of vulnerable software, stolen credentials, tricked employees, business partner access, unencrypted transfers, and even insider threats to penetrate networks. You might be able to prevent data breaches by hiring cybersecurity services to harden systems continuously. Why Do Breaches Occur?

Data Breach 272

Data Breach Breach Multifactor Authentication Cybersecurity 272

PYMNTS

NOVEMBER 17, 2020

Cambridge Global Payments , a FLEETCOR firm, and Beanworks Solutions are continuing their collaboration to bring together solutions and offer a full accounts payable (AP) offering to clients, which can streamline their payable workflow spanning between buying and payment for firms that have international business, according to a Tuesday (Nov.

Continuity 84

Continuity Wire Transfer Cross-Border Payments 84

PYMNTS

OCTOBER 10, 2018

Rarely does the wire transfer come into play as an exciting, innovative payment rail ready to disrupt cross-border B2B payments. The wire transfer, made popular by Western Union more than 150 years ago, may not seem to be the most innovative rail. counterparts are not available.

Wire Transfer 46

Wire Transfer Wires Wire Cross-Border 46

Fintech Finance

MAY 10, 2024

Businesses can make fast and cost-effective transfers through ACH, mailed checks, and wire transfers. Additionally, users can instantly transfer funds between Zil accounts for a seamless financial experience. Users can easily create and manage multiple accounts for different purposes without hidden fees.

Facilitators 105

Facilitators Transactions Wire Transfer Cross-Border 105

The Fintech Times

DECEMBER 1, 2024

Ashmita Acharya , head of wealth and personal banking, Singapore, at HSBC, said: “This enhancement to ‘Global Money Transfers’ represents a significant milestone in our journey to make international banking more accessible, affordable, and efficient. billion bank accounts and 116 million digital wallets around the world.

Cross-Border Payments 59

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

Fintech Finance

SEPTEMBER 13, 2024

As instant payments continue to transform the payments ecosystem, financial institutions face unique challenges in adapting their systems and processes to this new real-time paradigm. With contributions from industry experts, the guideline aims to help FIs enhance their operational readiness for real-time payments, including RTP® and FedNow®.

Instant Payments 131

Instant Payments Faster Payments FPC Real Time Payments 131

Fintech Finance

OCTOBER 28, 2024

Integrating with PCBB’s payment services means access to straight-through processing of foreign wire transfers, Swift GPI tracking, and enhanced transparency into payment statuses. We’re excited to enable integration of our services with Finzly BankOS. Sheila Noll, Chief Operating Officer, PCBB.

International Payments 97

International Payments Cross-Border Payments Wire Transfer Cross-Border 97

Fintech Review

APRIL 7, 2025

Castries, Saint Lucia, April 7th, 2025, FinanceWire PrimeXBT , a regulated multi-asset broker, has integrated Neteller, a globally recognized e-wallet provider, and SWIFT, a leading wire transfer network, to provide secure and flexible payment options to traders worldwide.

SWIFT 52

SWIFT Wire Transfer Wire Wires 52

PYMNTS

NOVEMBER 16, 2020

Real-time payments continue to gain traction around the world. The new system is an upgrade over the current system known as SITRAF, which is akin to wire transfer systems used in the U.S. Case in point: Brazil. The country’s banking system is giving an upgrade to its instant payments system. Cash And Checks .

Real Time Payments 131

Real Time Payments Wire Transfer Push-to-Card Credit Cards 131

PYMNTS

DECEMBER 23, 2020

However, this continued growth is resulting in several challenges, especially when it comes to how freelancers are finding work — and being paid for it. Wire transfers are a common method through which these workers receive cross-border payments and these payments can present numerous problems, even if they go smoothly.

Cross-Border Payments 108

Cross-Border Payments Cross-Border Wire Transfer Wire 108

Clearly Payments

MARCH 31, 2025

In larger enterprises, electronic payments dominate, particularly for B2B transactions , where ACH and wire transfers account for a significant portion of total revenue. Key findings include: Canada: 96% of SMBs continue to accept cash. 63% of businesses accept Interac e-Transfer. and Canada.

Small Business 59

Small Business Electronic Funds Transfer (EFT) Credit Cards Payments 59

PYMNTS

JANUARY 13, 2020

The currency exchange company continues in the grips of a ransomware attack that has crippled its operations, as well as the foreign currency operations of its corporate clients, including HSBC and Barclays.

B2B 89

B2B Wire Transfer FBI Cybersecurity 89

Clearly Payments

OCTOBER 31, 2024

Growth Trends : Despite the rise of alternative payment methods, credit card transactions continue to grow in sectors like travel, accounting for 60% of all travel bookings globally. Regional Penetration : In North America, over 70% of online purchases are made via credit cards, while only 10% of European consumers prefer this method.

Online and Mobile Banking 98

Online and Mobile Banking RTP BNPL Debit Card 98

PYMNTS

NOVEMBER 13, 2020

The cross-border B2B payments space experienced a small drop in growth during the first half of 2020 due to the COVID-19 pandemic’s effects, but it is expected to continue expanding despite this hiccup. Many firms still process cross-border transactions through wire transfers. companies losing roughly $1.77

Cross-Border 64

Cross-Border Wire Transfer B2B Wires 64

PYMNTS

JUNE 12, 2018

and overseas for engaging in international business email compromise schemes aimed at intercepting and stealing wire transfers from individuals and businesses. million and the caused the disruption and recovery of about $14 million in fake wire transfers. Law enforcement also seized close to $2.4

Email Compromise 60

Email Compromise FBI Compromise Law Enforcement 60

PYMNTS

DECEMBER 6, 2016

While they study the key individuals and protocols necessary to perform wire transfers in their target, they learn how to spring a convincing attack, posing as a company executive or an accounting executive,” Sjouwerman continued. Most companies cannot afford to take that risk.”.

Phishing 67

Phishing Wire Transfer Email Compromise Business Email Compromise 67

Fintech Finance

JULY 23, 2024

Bank of America continues its winning streak in the annual benchmark that evaluates the online and mobile experience for small business customers of the top 11 national and regional banks that focus on small business digital banking.

Small Business 98

Small Business Digital Payments Online and Mobile Banking Wire 98

PYMNTS

DECEMBER 2, 2020

We continue to think of Visa as a network of networks,” Sheffield said, according to Forbes. The functionality lets users pay with digital currency if they wish to, or through wire transfers or credit cards. Visa itself will not custody the cryptocurrency.

Digital Currency 81

Digital Currency Wire Transfer Credit Cards Stablecoins 81

PYMNTS

FEBRUARY 24, 2020

Just as we are doing with MemberPass, we plan to continue applying knowledge gained from proof of concepts with CULedger to future opportunities and strategies on behalf of our owner credit unions.”. MemberPass offers credit unions (CUs) or CUSOs a single digital credential that serves as member verification.

Credit Union 82

Credit Union Blockchain Credit Union Service Organization Wire Transfer 82

FICO

MARCH 29, 2020

We are balancing caring for the health of loved ones, learning to home-school children, all while continuing to work. At FICO, we are continuing to work hard every day to protect people from fraud. Be wary about making payments using wire transfers or bank transfers.

Scams 92

Scams Tax Refunds Phishing Wire Transfer 92

The Fintech Times

APRIL 30, 2024

Achieving unicorn status is a reflection of the hard work and collaboration of every member of our team, and we deeply appreciate the continued trust and support of General Atlantic and our investor base.” We look forward to continued partnership with its driven and execution-focused management team.”

Wire Transfer 64

Wire Transfer Wire Wires Underwriting 64

PYMNTS

DECEMBER 3, 2020

Making the most of this opportunity will require businesses to move beyond their lingering cross-border payments inefficiencies, as many firms continue to use antiquated ways of sending and receiving funds, resulting in payments that are labor-intensive and lack transparency. IntegrationBoosts Speed, Transparency And Security .

Cross-Border 52

Cross-Border Wire Transfer Cross-Border Payments Wires 52

PYMNTS

MARCH 23, 2020

Many freelancers still receive their payments via traditional wire transfers — despite the fact that they can receive payments from friends in an instant — and a large number of firms do not accept or send payments in alternative currencies. dollar or the British pound.

Cross-Border Payments 61

Cross-Border Payments Cross-Border Wire Transfer Wire 61

PYMNTS

APRIL 29, 2019

It would instead have to turn to expensive wire transfers, credit cards — which can take days to settle — or account-to-account transfers, which also can take several days to process and incur fees if passed through intermediary banks. A London-based manufacturer can’t rely on the U.K.’s and Australia’s NPP.

Interoperability 77

Interoperability ISO 20022 Instant Payments Cross-Border 77

PYMNTS

OCTOBER 11, 2018

“Now companies can leverage their accounts payable to reduce costs of goods and services while offering automatic, flexible payment terms to their eligible suppliers,” Cotter continued. Payments can be made via wire transfer or ACH. The solution offers several options for corporate buyers.

Wire Transfer 71

Wire Transfer Payments Wire Wires 71

PYMNTS

SEPTEMBER 16, 2019

The investigations are the latest wrinkles in a story that continues to develop after several employees small businesses said they did not get paid. As reported by NBC News , the investigations were confirmed, separately, by spokespeople for the FBI’s Albany, New York office and the labor department.

FBI 69

FBI Direct Deposit Wire Transfer Payroll 69

Fintech News

NOVEMBER 20, 2024

This upward trend continued in 2024. These partnerships allow XTransfer’s SME customers to receive money in local currencies from local bank transfers, significantly reducing the costs and delays associated with international wire transfers, Deng said.

Cross-Border Payments 129

Cross-Border Payments Cross-Border B2B Due Diligence 129

Payment Savvy

NOVEMBER 9, 2022

And with the continued growth of mobile commerce, we can only expect electronic transfers to become even more prevalent. Wire Transfer. A wire transfer may be the best option if you need to send or receive a large sum of money quickly. A wire transfer is an EFT payment method made through the SWIFT network.

Online and Mobile Banking 98

Online and Mobile Banking Wire Transfer Direct Deposit ACH 98

PYMNTS

JULY 25, 2018

While the continued strength of BEC scammers may not come as a surprise, the research finds that the scam no longer only reigns in targets with a request for wire transfer. While 54 percent of those scams involved wire transfers, more than a third targeted check payments.

Scams 55

Scams Business Email Compromise AFP Wire Transfer 55

Clearly Payments

JANUARY 25, 2024

Despite these challenges, the Canadian eCommerce and online payments market continues to flourish, presenting abundant opportunities for businesses willing to adapt and innovate in this dynamic digital landscape. Meanwhile, Interac e-transfer , a digital favorite, is chosen by 50% of businesses. preferring cash and 54.4%

Process 105

Process Online and Mobile Banking Electronic Funds Transfer (EFT) Digital Currency 105

PYMNTS

AUGUST 21, 2020

Petro, whose firm offers more than 130,000 boats at 9,300 locations worldwide, said he expects the company’s dizzying demand spike to continue. But surprise of surprises, renters don’t like wiring money to strangers in other countries in hopes that a boat is waiting when they arrive. Making Fraudsters Walk The Plank.

Cross-Border Payments 126

Cross-Border Payments Cross-Border Wire Transfer On-Demand 126

PYMNTS

MAY 18, 2017

The complexity comes with receivables, he continued, and Flywire has, over the past several years, been building out a network to do just that. Flywire also looks at reconciliation, where such payments of size have traditionally been done through international wire transfers.”.

Cross-Border 59

Cross-Border Process Wire Transfer Wire 59

PYMNTS

SEPTEMBER 23, 2016

Jim Huff, SVP of marketing at FirstLight FCU, said it is excited to be able to offer a customized app for businesses that will provide members with mobile access for transferring funds, checking balances, approving wire transfers and ACHs and receiving account notifications. “We

Credit Union 70

Credit Union Community Banks Wire Transfer Wire 70

PYMNTS

DECEMBER 26, 2018

For example, in the context of a wire transfer, first is the transaction layer securing individual transactions such as currency deposits/withdrawals, wire transfers and checks. Second is the individual or account layer; multiple transactions are associated with specific individuals and bank accounts.

Money Laundering 76

Money Laundering AML Wire Transfer Rules 76

PYMNTS

APRIL 22, 2020

Neat looks to lower costs and boost efficiency through its partnerships with remittance companies to enable cross-border wire transfers, with its service enabling SMBs to store and remit funds in the local currencies of its various business accounts. “Compare it to sending an email,” he continued.

Cross-Border 96

Cross-Border Economy Cross-Border Payments Multi-Currency 96

PYMNTS

JUNE 13, 2019

The tokenization helps sidestep the vulnerabilities to fraud that exist when sending checks, ACH and wire transfers. Our goal is to continue to help our clients meet this increasing demand for slick, simple and more convenient cross-border payments, and make it easier for Visa cardholders to manage their money when traveling.”.

B2B 75

B2B Distributed Ledger Technology (DLT) Cross-Border Cross-Border Payments 75

CB Insights

MARCH 4, 2021

As companies continue to transition to the cloud, cybersecurity remains a major concern amid growing cyber losses. Google continues to enter insurance: Google has been an active participant in the insurance industry for years, initially focused on being a disruptor with its Google Compare product, which was ultimately sunsetted in 2016.

Cybersecurity 74

Cybersecurity Underwriting Identity Theft Wire Transfer 74