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Verituity Joins Forces With Mastercard to Accelerate Secure Domestic and Cross-Border Payouts

Fintech Finance

Verituity , a leading provider of intelligent, verified payout solutions, today announced the integration of Mastercard Move , Mastercard’s portfolio of domestic and international money transfer solutions, into its payments platform, enabling near real-time payouts for commercial banks and payers.

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Mastercard: COVID-19 Is Prompting Treasury Banks To Prioritize Digital Payments

PYMNTS

And while the origins of that trend pre-date the current crisis, Silvana Hernandez , senior vice president of digital payments at Mastercard , tells PYMNTS that the pandemic has sped up the process. Hernandez touts end-to-end solutions like Mastercard Send as the kind of solution that many treasury banks are adopting.

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Mastercard Send Trials Metabank’s New Faster Payments Platform

PYMNTS

The new platform includes Mastercard Send, a push payments service designed to rapidly send money in the U.S. debit or reloadable prepaid cards for payment of tax refunds, government aid, healthcare and insurance claims and payments to gig economy workers. and also across borders.

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Finix Launches Payouts: A Standalone Solution for Fast and Secure Money Movement

Fintech Finance

“With Finix Payouts, companies of all sizes can get started in a few hours, configure their payment flows and methods to satisfy their business needs, help alleviate complications and intermediaries, and start sending money without spending an extensive amount of time or resources. and Pathward Financial, Inc.

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Mastercard: Helping Consumers And Businesses Dive Into The Digital Deep End

PYMNTS

As Mastercard Senior Vice President of Digital Payments Silvana Hernandez told Karen Webster in a recent conversation, the recent difficulties weren’t created by the COVID-19 pandemic so much as they were fully exposed by it and put under more pressure all at once. Smoothing Out The Pain Points. And you know these days, immediacy matters.”.

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Mastercard: Fraud-Fighting’s New Mantra — Test, Protect, Prevent

PYMNTS

The fraud and security teams have to get it right 100 percent of the time to maintain their position of trust across the financial services ecosystem. BIN attacks rely on combining a single, valid card number and a piece of number-generating software to create many potential card numbers. And it all moves very quickly.”.

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Worldwide Consumer Spend Gives Mastercard A Big Boost

PYMNTS

A rise in consumer spending, broad based across several geographies, helped Mastercard beat Street estimates for the second quarter. Total card count stood at 2.4 Within the United States, credit card transactions gained to $196 million from $184 million last year. billion; analysts had seen $1.1 billion, compared with 2.3

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