The Paypers

FEBRUARY 15, 2022

Germany-based fintech for technology-driven end-to-end solutions for credit transactions CrossLend has become a member of the Federal Association of Alternative Investments (BAI).

Credit Transaction 53

Credit Transaction Transactions FinTech Technology 53

Finovate

JULY 17, 2024

Socure Symphony AI Talkdesk Best Insurtech Solution Companjon Kakaopay Insurance Quantiphi TruStage Payment Guard Wysh Best RegTech Solution Kobalt Labs Napier AI Quavo Fraud & Disputes Symphony AI Tookitaki Holding Pte Ltd Winnow Solutions Best SMB/SME Banking Solution FINOM Neural Payments Relay TD Bank Best Wealth Management Solution Addepar (..)

Credit Union 122

Credit Union Visa AI Embedded Finance 122

Finovate

NOVEMBER 14, 2024

Since launch, IPX has converted nearly 30% of same-day ACH credit transactions into send transactions on push instant payment systems, routing existing payment solutions through networks like FedNow.

Credit Union 59

Credit Union Same Day ACH Credit Union Service Organization FedNow 59

Fintech Finance

JULY 12, 2024

The data captured from the transaction inquiry is automatically routed to the service team. Clients can track the progress of the resolution and get real-time status updates and even view correspondence from a beneficiary’s bank.

Transactions 94

Transactions Correspondent Finance Wires 94

EBizCharge

MAY 8, 2024

ACH debit ACH transactions come in two main varieties: ACH credit transactions and ACH debit transactions. ACH Credit Transactions: These transactions involve the payer initiating a payment and sending funds to the payee’s account.

ACH 52

ACH Checks Process ACH Network 52

Finovate

OCTOBER 15, 2024

Since launch, IPX has converted nearly 30% of same-day ACH credit transactions into send transactions on push instant payment systems, routing existing payment solutions through networks like FedNow. Tyfone launched its IPX platform in July 2023, in conjunction with the Federal Reserve’s FedNow instant payment service.

Instant Payments 52

Instant Payments FedNow Same Day ACH Federal Reserve 52

CB Insights

JUNE 11, 2021

Indonesia-based BukuWarung is a micro, small, and medium enterprise ( MSME)-focused accounting and digital payment application that offers financial products for lending, insurance, savings, and cash and credit transactions. The company reportedly has a portfolio of 6.5M registered merchants in 750 Indonesian cities.

Digital Payments 67

Digital Payments Credit Transaction Payments Participant 67

The Paypers

MARCH 19, 2019

(The Paypers) UK Finance has released data showing that more than 40% of all debit and credit transactions in the UK were processed using contactless technology in 2018.

Contactless Payments 47

Contactless Payments Credit Transaction Finance Payments 47

Finovate

FEBRUARY 26, 2024

CRB Securities, which has previously focused on assisting clients with privately placed credit transactions such as asset-backed securities, will advise clients on mergers and acquisitions, capital markets transactions, and other corporate finance decisions.

Credit Transaction 52

Credit Transaction FinTech Security Payments Tools 52

Fi911

JULY 19, 2024

Canceled Recurring Transaction 13.3: Credit Not Processed 13.7: Original Credit Transaction Not Accepted 13.9: Non-Receipt of Cash or Load Transaction Value The Reason Code Is Not Always Correct The purpose of the chargeback reason code system is to eliminate any ambiguity and make decisions more straightforward.

Disputes 88

Disputes Duplicate Non-Bank Authorization 88

PYMNTS

APRIL 30, 2018

Today’s stories include a discussion about how India could go from credit card laggard to having one of the most sophisticated payments systems in the world, the outlook for initial coin offerings (ICOs), a development in augmented reality (AR) retail and news about growth in ACH debit and credit transactions.

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Same Day ACH ACH NACHA PayPal 41

The Fintech Times

FEBRUARY 12, 2024

This means that fees charged by a PSP for instant credit transaction in euro cannot be higher than the fees charged for ‘non-instant’ credit transfers. All PSPs operating in the EU should now provide a service to verify the identity of a recipient – without any additional charges or fees.

Laws 57

Laws Rules Fraud Detection Money Laundering 57

Finovate

MARCH 20, 2024

The post-purchase BNPL plans work differently for purchases made with a debit card than they do with a credit card. For transactions made with a debit card, the bank or fintech disburses the funds to the customer’s Galileo DDA or an external account.

Posting 52

Posting BNPL Debit Card Credit Cards 52

The Paypers

SEPTEMBER 3, 2019

(The Paypers) HSBC has completed the first yuan-denominated blockchain-based letter of credit transaction within the Voltron trade finance platform.

Blockchain 28

Blockchain Process Credit Transaction Finance 28

Tearsheet

APRIL 22, 2024

An OCT [Original Credit Transaction] operates as a push payment, where the payment service provider pushes funds directly into the cardholder’s account. The sending wallet queries the Visa+ service to match the recipient’s payname to the underlying Visa token.

Venmo 98

Venmo PayPal Payment APIs and Integration P2P 98

PYMNTS

SEPTEMBER 14, 2018

In July, NACHA announced that debit and credit transactions totaled more than 5.7 billion ACH debit transactions and close to 2.4 billion ACH credit transactions made in the second quarter of this year. billion internet transactions were made, representing a 14.3 According to NACHA, there were more than 3.3

NACHA 49

NACHA ACH Volume Same Day ACH 49

Fintech Finance

DECEMBER 13, 2023

for UK-European Economic Area (EEA) consumer debit transactions and 0.3% for consumer credit transactions (where the transactions are made online[1] at UK businesses) A lasting cap on these interchange fees in the future, once further analysis has been carried out to establish an appropriate level.

Cross-Border 59

Cross-Border Caps Debit Card Visa 59

The Paypers

AUGUST 8, 2019

(The Paypers) Standard Chartered has completed a pilot Letter of Credit transaction on the Voltron blockchain platform.

Blockchain 28

Blockchain Credit Transaction Transactions 28

The Paypers

OCTOBER 16, 2019

(The Paypers) HSBC Bank has announced the first live pilot blockchain letter of credit transaction in Malaysia.

Blockchain 28

Blockchain Credit Transaction Transactions 28

Stax

SEPTEMBER 17, 2024

ACH transfers can either be direct deposits (ACH credit transactions) or direct payments (ACH debit transactions). A typical ACH transaction is like a machine with multiple moving cogs. Wire transfers are credit transactions where the sender sends money to the recipient.

Wire Transfer 88

Wire Transfer Wire Wires ACH 88

PYMNTS

MARCH 9, 2020

The commercial launch is anticipated during the second half of 2020, after the platform finished in excess of $30 million in letter-of-credit transactions last year during the pilot phase. Last October, Singapore launched its first blockchain-based trade finance platform. .

Blockchain 61

Blockchain Finance Cross-Border Credit Transaction 61

PYMNTS

JANUARY 9, 2020

“Paytm Business Khata,” as it’s known, helps merchants log financial transactions, oversee payments, and secure insurance and loans. The service also will set a reminder for any credit transactions, sending links and audio alerts to customers, Sharma said.

Push-to-Card 54

Push-to-Card Underserved Payments Credit Transaction 54

PYMNTS

JANUARY 14, 2021

Debit contactless transactions expanded to 17.1 percent of card present activity on contactless debit cards between the beginning of November and the end of December, as contactless credit transactions expanded to 12.1 percent of card present activity on contactless credit cards.

Volume 62

Volume Credit Union Credit Union Service Organization NOV 62

PYMNTS

JANUARY 25, 2017

The first phase launched in September of last year, making ACH credit transactions eligible for same-day processing. According to the NACHA data, Same Day ACH was responsible for more than 13 million credit transactions in its just over three months of operation so far.

Same Day ACH 40

Same Day ACH NACHA ACH Direct Deposit 40

PYMNTS

JUNE 7, 2018

billion : The total number of ACH debit and credit transactions in Q1 2018. However, where there is waste, there are also those looking to fill the holes, pushing faster payments and enhanced security to go along with the increased speed. $2 2 trillion : The estimated worth of the logistics and freight forwarding space.

Process 43

Process Zelle ACH P2P 43

PYMNTS

FEBRUARY 1, 2019

Mastercard revealed continued gains in processed transactions , with gross dollar volume up 14 percent to $1.5 trillion, while switched transactions came in at 20.1 billion transactions, a 17 percent boost year over year. Debit and prepaid transactions went up 12.2 percent to $787 billion.

Visa 68

Visa Volume Transactions Credit Transaction 68

PYMNTS

JUNE 24, 2020

And as the ways and means of paying online – spanning mobile wallets, person to person (P2P), card-not-present (debit and credit) transactions and a host of others – proliferate, the merchants that pivot to take into account (and respond to) customer preferences will be successful.

PCI DSS 95

PCI DSS Payment APIs and Integration Gateways Payments 95

PYMNTS

SEPTEMBER 2, 2019

HSBC has issued its first yuan blockchain-based letter of credit transaction, Reuters reported. The move is significant progress in the use of the Voltron trade finance platform, which was developed by eight banks, including HSBC, BNP Paribas and Standard Chartered.

Blockchain 57

Blockchain Non-Bank Duplicate Bitcoin 57

PYMNTS

JANUARY 26, 2017

The Electronic Payments Association (NACHA), steward and rule maker of the ACH Network, recently provided the Same Day ACH transaction volume data for September 23 to December 30, 2016. Direct deposit made up the largest segment of Same Day ACH transaction volume — some 52 percent, or 6.8 million transactions that totaled $5.9

Same Day ACH 54

Same Day ACH ACH Direct Deposit NACHA 54

Clearly Payments

JULY 26, 2024

Payment Method Details about the payment method used, such as the type of credit card (Visa, MasterCard, etc.), and whether it was a debit or credit transaction. Customer Demographics (if available) Information about the customer, such as age, gender, and income level.

Payments Data 52

Payments Data Consumer Fraud Detection Credit Cards 52

PYMNTS

MAY 18, 2020

percent year over year, and the volume of overall debit transactions grew for the sixth consecutive week. Spending behaviors have also changed, with credit card-not-present (CNP) transactions comprising 51.3 percent of overall credit transactions and credit CNP purchases comprising 59.8

Debit Card 52

Debit Card Credit Union Service Organization Credit Cards Credit Union 52

PYMNTS

JUNE 25, 2018

ACH debit and credit transactions totaled nearly 5.7 Those ACH debit and credit transactions marked a 5.9 The group said the strong uptick in transactions during the first quarter demonstrates the widespread use of ACH payments as well as the increased use of Same Day ACH transactions.

Same Day ACH 43

Same Day ACH Consumer ACH NACHA 43

EBizCharge

NOVEMBER 11, 2024

Non-cash reconciliation: Non-cash reconciliation deals with transactions not involving immediate cash flow, such as accounts receivable (AR) and accounts payable (AP). This ensures that credit transactions and outstanding balances are accurate and accounted for within financial records.

Reconciliation 52

Reconciliation Best Practices Non-Bank Audit 52

Neopay

DECEMBER 18, 2023

for UK-European Economic Area (EEA) consumer debit transactions and 0.3% for consumer credit transactions (where the transactions are made online [1] at UK businesses) A lasting cap on these interchange fees in the future, once further analysis has been carried out to establish an appropriate level.

Cross-Border 52

Cross-Border Caps Regulations Visa 52

PYMNTS

FEBRUARY 21, 2019

The fee would be charged for credit card payments that are more than $299 a month, and the change will start on March 26. These credit card payments used to be free, and Alipay handled $10 trillion in credit transactions in the 12 months leading up to September.

Credit Cards 43

Credit Cards Mobile Payments Central Bank Credit Transaction 43

PYMNTS

SEPTEMBER 19, 2016

Merchants in Europe will be able to accept payments across UnionPay via debit and credit transactions, with enablement via PayPal’s Braintree. The declining stocks among the names that we track had lesser, but still significant, relative showings, with Blackhawk Network off 7.6

Payments 46

Payments Credit Transaction PayPal Research 46

PYMNTS

APRIL 11, 2018

Last year, nine billion ACH credit transactions had a total value of more than $30 trillion, while the more than 12 billion debit transactions had a total value of more than $16 trillion. That propelled the value of the network’s transactions to more than double the U.S.

ACH Network 44

ACH Network ACH Same Day ACH Transactions 44