Stax

JULY 9, 2024

We can hail a ride from a mobile app, and our transactions for all sorts of goods and services can be easily paid for from our phones. There are a wide variety of digital payment types, such as mobile POS systems, contactless payments, and digital wallets. All you need to use a digital wallet is a smartphone.

Digital Payments 163

Digital Payments Online and Mobile Banking Contactless Payments Payments 163

Nanonets

OCTOBER 10, 2023

​A bank remittance is a payment sent to a bank, typically in another country, for the purpose of financing a purchase or other transaction. ​Bank remittances are often used to pay for goods or services, or to transfer money to friends and family members. How Does Bank Remittance Work?

Wire Transfer 52

Wire Transfer Online and Mobile Banking Wires Wire 52

Fintech News

MARCH 6, 2024

Are digital first banks in Asia poised to lead a disruptive charge against well-entrenched, established commercial banks? In the traditional banking sphere globally, but especially true in Asia, there is a considerable proportion of unbanked and underbanked populations who lack complete or any access to banking services.

Online and Mobile Banking 134

Online and Mobile Banking Debit Card Non-Bank Push-to-Card 134

EBizCharge

MAY 15, 2024

Payment methods commonly used in B2B transactions include bank transfers, checks, electronic funds transfers (EFT) , credit cards, and increasingly digital payment platforms. Payment Authorization: Before the funds are transferred, the payment may undergo authorization processes to ensure security and legitimacy.

B2B 52

B2B Wire Transfer Payments Payment Gateways 52

Stax

MARCH 14, 2024

Online and contactless adoption multiplied, and digital payments rose. Consumers are increasingly gravitating towards quick and convenient payment methods such as contactless payments and mobile wallets when transacting with businesses. Between 2019 and 2020, the number of U.S. But what about in the business-to-business (B2B) sector?

B2B 88

B2B Process B2C Credit Cards 88

EBizCharge

JULY 18, 2024

Understanding an EDI payment and how it differs from Automated Clearing House (ACH) and Electronic Funds Transfer (EFT) is pivotal for efficient financial operations in an increasingly digital world. Payment Instruction: Payment instructions are sent electronically from the buyer to their bank, often as an EDI 820 transaction set.

ACH 52

ACH Transactions Payments Funds Transfer 52

EBizCharge

APRIL 25, 2024

Wire transfers and electronic funds transfers have been staples of financial transactions for decades, but various electronic transfer methods have emerged with the innovation in banking technology. What is an electronic funds transfer (EFT)?

Wire Transfer 52

Wire Transfer Wire Wires Electronic Funds Transfer (EFT) 52

EBizCharge

SEPTEMBER 18, 2024

ACH payments refer to electronic funds transfers (EFTs) between financial institutions using the ACH network. This system allows businesses and consumers to move money between bank accounts, either within the same institution or across different financial institutions. What are ACH payments?

ACH 52

ACH IAT ACH Network Direct Deposit 52

PYMNTS

JANUARY 4, 2019

3) that, in Hungary, commercial banks have started a test phase for a domestic instant payments system, with a “go live” date slated for July 1. Among the biggest banks in the country, amid the push toward instant payments, are OTP Bank, Belgian KBC Groep and Austrian Erste Group Bank.

Instant Payments 67

Instant Payments Funds Transfer Online and Mobile Banking Payments 67

Nanonets

OCTOBER 23, 2023

It typically involves releasing funds for specific purposes, such as paying bills, making payments to suppliers, settling loans, or disbursing wages or salaries to employees. In business and financial contexts, disbursements are closely monitored to ensure that funds are allocated according to budgetary or contractual obligations.

Electronic Funds Transfer (EFT) 52

Electronic Funds Transfer (EFT) Payer Payee Online and Mobile Banking 52

Payment Savvy

NOVEMBER 9, 2022

EFT payments are becoming increasingly popular as more and more people conduct their financial affairs online. An Electronic Funds Transfer (EFT) is the movement of money electronically from one account to another, either within a single financial institution or across multiple institutions, through computer-based systems.

Online and Mobile Banking 98

Online and Mobile Banking Wire Transfer Direct Deposit Funds Transfer 98

Clearly Payments

JANUARY 25, 2024

In this 2024 report, we’ll explore how payment methods have evolved in the Canadian market, focusing particularly on the shift towards digital, contactless payments , and mobile along with other 2024 trends. Digital banks, sometimes called Neobanks, push consumers into digital banking and digital payments.

Process 105

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

Payment Savvy

NOVEMBER 8, 2022

Barely a couple of decades ago, there were just a few options available for transferring money from one account to another, but the rise of internet banking has given way to a bunch of different services with different names, processes, fees, and waiting times. What Exactly is an EFT Transfer?

ACH 98

ACH Payments Debit Card Online and Mobile Banking 98

FICO

SEPTEMBER 10, 2020

Typically, money mules are unwittingly tricked into depositing a fraudulent check into a bank account or into receiving money from accounts without authorization of the account owner. In some cases, money mules know they are moving stolen funds and do so intentionally in exchange for receiving a portion of the money.

Crime 52

Crime Money Laundering Online and Mobile Banking Romance Scams 52

PYMNTS

APRIL 8, 2019

Card Payouts is a card-based, front end user experience that integrates with treasury banks’ existing infrastructure. Treasury banks participating in the pilot can enable their business clients to download the Card Payouts app from the NetSuite SuiteApp store. The pilot program is slated to debut in the fall of 2019.

Contactless Payments 40

Contactless Payments Push-to-Card Debit Card Payments 40