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Digital Wallets and Open Banking Set to Dominate Payments in 2025, According to Merchants

Fintech Finance

Additionally, 56% are adopting data analytics to gain critical insights into payment behaviour, while 38% prioritise API-based integrations to enhance flexibility and security in their payment ecosystems.

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Merchants Set to Invest in AI and Fraud Prevention and Compliance Tops the 2025 Agenda, Says payabl

The Fintech Times

Meanwhile, 56 per cent are adopting data analytics to gain critical insights into payment behaviour, while 38 per cent prioritise API-based integrations to enhance flexibility and security in their payment ecosystems. Lesser-discussed trends include embedded finance (13 per cent) and sustainable payments (eight per cent).

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Looking Back on 2024 in Paytech: Insights from Aevi’s Experts

The Fintech Times

How are these influencing product development and payment strategies? Pekrek continued: “New payment trends, particularly incorporating personal identification technologies, are revolutionising contactless payment methods. Can you share any winning and losing strategies in the payments space from this year?

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Paymentology’s predictions for 2025

The Payments Association

As multi-rail systems become a standard component of payment strategies, bringing in real-time payments, BNPL, and P2P payments will give customers the flexibility and functionality to enable and unlock greater opportunities in the increasingly cashless economy, paving the way for a truly interconnected global payments ecosystem.”

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In the mind of the merchant: Top challenges and priorities for the next 12 months

The Payments Association

It highlights key trends, such as open banking, tokenisation, and fraud prevention, which are crucial for merchants to remain competitive and secure. Merchants need to continue adapting to new payment methods, collaborate with industry peers, and stay agile in balancing innovation and regulatory compliance.

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List of MCC codes & risk levels — Retail, e-commerce, travel, gambling, crypto, and more

The Payments Association

3) Regulatory compliance Certain industries, such as cryptocurrency exchanges, gambling, and financial services, must comply with stringent know-your-customer (KYC) and anti-money laundering (AML) regulations. Use this guide to identify your MCC code, assess risk levels, and optimise your payment processing strategy.

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What is a Payment Orchestrator?

Clearly Payments

Redundancy and Failover: Payment orchestrators provide redundancy by ensuring that if one payment provider fails, the transaction can be automatically routed to another, reducing the risk of failed payments and increasing overall reliability.