The Fintech Times

OCTOBER 10, 2024

Propy , an on-chain real estate transaction company, is partnering with Inspectify , a property inspection platform, to enhance the Propy platform and make it easier for buyers and agents to order inspection reports, and extract data from them to feed the settlement protocol.

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Process Transactions Settlement AI 52

The Payments Association

OCTOBER 28, 2024

The Payments Association (TPA)’s George Iddenden recently sat down with Peter Theunis, senior vice president sales and European managing director at BPC to discuss the remarkable transformation of the payments processing industry, driven by the rise of fintech, the shift towards digital payments, and evolving consumer behaviours.

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Process Payment APIs and Integration Processors Payments 100

ACI Worldwide Blog

MAY 13, 2024

ATMs are no longer just cash dispensers – they serve as multifunctional banking kiosks where routine and low-value branch transactions can be performed (cash or check deposits, bill payments, or money transfers). The post Navigating the Future: ACI’s ATM Transaction Processing Trends appeared first on ACI Worldwide.

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ATM Transactions Process On-Demand 52

Bank Automation

DECEMBER 6, 2023

Citibank is looking to reduce manual processing risk and costs by utilizing document processing company, Traydstream to automate document information processing and document creation. “The

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Process Transactions Automation Risk 75

Paystand

MAY 23, 2024

Either for payment processing, using a particular bank card, or other operations. No matter the transaction, no additional fee should increase the original agreed price. What does zero processing fee mean? Nowadays, every product or service we get usually includes an extra charge.

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Process Transactions Origination Bank Card 52

Paystand

MAY 23, 2024

Either for payment processing, using a particular bank card, or other operations. No matter the transaction, no additional fee should increase the original agreed price. What does zero processing fee mean? Nowadays, every product or service we get usually includes an extra charge.

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Process Transactions Origination Bank Card 52

Stax

APRIL 18, 2024

Accepting credit card transactions is no longer a decision of whether to but rather how to. Credit card and debit card payment processing fees apply to them all. With the number of debit and credit card purchases increasing, it’s important you’re able to calculate credit card processing fees. Pre-pandemic, 62.3%

Credit Cards 88

Credit Cards Process Online and Mobile Banking Processors 88

Bank Automation

MAY 1, 2024

EverBank has selected payment and financial solutions provider Finzly to update its payment processing system, according to an April 18 release. billion, Jacksonville, Fla.-based

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Process Transactions Payments Addressing 75

Fintech News

NOVEMBER 6, 2024

Ant International is employing advanced artificial intelligence (AI) technologies to streamline and secure cross-border transactions for nearly 100 million SMEs across over 200 markets. This enhanced precision helps reduce transaction costs for merchants, offering them greater financial flexibility.

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Cross-Border AI Deepfake Transactions 106

Fintech Finance

SEPTEMBER 6, 2024

market and introduces powerful multicurrency processing capabilities that position Lithic to support the most ambitious and innovative card program use cases. Lithic’s entrance into Canada and multicurrency processing abilities are well-timed to support businesses navigating the shifting expectations.”

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Process Cross-Border Non-Bank FinTech 98

Paystand

AUGUST 6, 2024

Table of Contents What is Straight-Through Processing? What is the Straight-Through Processing Rate? Benefits of Straight-Through Processing? Getting Started With Straight-Through Processing What Businesses Typically Use STP? Why Doesn’t Every Business Use STP?

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Process Automation Transactions Payments 52

FloQast

NOVEMBER 20, 2024

With the launch of FloQast AI Transaction Matching , a vital component of the FloQast Accounting Transformation Platform , accountants now have a solution that is tailored to address their specific needs, focusing on making reconciliation processes simpler and more accurate.

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Reconciliation AI Transactions Accounts 52

Clearly Payments

OCTOBER 30, 2024

Selling products and services internationally means facing new challenges, especially regarding payment processing, regulatory requirements, currency exchanges, and fraud prevention. Competitive rates : Transaction and currency conversion fees vary widely, so ensure you’re getting a competitive rate for international transactions.

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International Payments Process Multi-Currency Cross-Border 79

FloQast

OCTOBER 30, 2024

With a suite of new products , including FloQast Journal Entry Management , FloQast AI Transaction Matching , and FloQast Consolidation , we’re setting the stage for a new era of efficiency and accuracy. FloQast AI Transaction Matching takes on the tedious task of matching transactions, harnessing AI to improve speed and accuracy.

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Automation Accounts Process AI 97

Fintech Finance

NOVEMBER 7, 2024

Ant International, a leading global digital payment and financial technology provider headquartered in Singapore, has been intensifying its integration of Artificial Intelligence (AI) technologies to enhance and secure millions of daily cross-border transactions for merchants across over 200 global markets.

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Cross-Border Deepfake AI Transactions 93

Fintech Finance

AUGUST 15, 2024

The commitment to accelerate payment innovation in India includes a technology hub in Bengaluru (Bangalore) and the launch of local payment processing capabilities. This means that brands can accelerate global expansion and optimize payment processes, while continuing to meet the expectations of customers.

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Process Technology Cross-Border Payments Push-to-Card 108

Stax

JUNE 4, 2024

Selecting the right payment processing software is crucial for any business aiming to streamline transactions and enhance customer experience. You should consider factors like integration capabilities, user experience, scalability, and pricing structures, to ensure a seamless and cost-effective payment process.

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Process PCI DSS Payment APIs and Integration Payments 88

Basis Theory

MARCH 4, 2024

Merchants use batch payment processing to submit multiple transactions at once, rather than in real-time as the payment details come in, generally to reduce fees and increase flexibility.

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Process Credit Cards Payments Transactions 88

Fintech Finance

OCTOBER 22, 2024

Neonomics , a leading open banking provider, has teamed up with Frid , a personal finance management (PFM) app, to pilot real-time categorized transaction data for consumers. By refining transaction categorization through open banking, we’re making personal finance management more intuitive and delivering a personalized experience.

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Transactions Finance Automation FinTech 93

The Paypers

MAY 29, 2024

Global provider of trade finance solutions Surecomp has announced the completion of electronic bills of lading (eBL) transactions by merging several parties into its platform RIVO.

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Transactions Process Finance 41

The Nilson Report

JUNE 20, 2024

The post ACI Worldwide and Stet Process 50 Million European Instant Cross-Border Transactions appeared first on Nilson Report.

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Cross-Border Transactions Process Posting 52

Clearly Payments

MAY 16, 2024

In payment processing, tiered pricing is one of the most common pricing models used for fees by payment processors. Tiered pricing categorizes transaction fees into different tiers based on different criteria. This article provides an overview of tiered pricing in payment processing and goes into how it works, benefits, and drawbacks.

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Process Processors Payments Credit Cards 90

The Payments Association

OCTOBER 23, 2024

Noda , a leading provider of open banking, has introduced Pay & Go, a solution designed to streamline the user journey for merchants who require registration, KYC verification, and payment processing. Pay & Go simplifies this entire process into one seamless flow, helping merchants significantly boost their sign-up conversion rates.

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Process Payment APIs and Integration Verification Payments 88

Basis Theory

AUGUST 20, 2024

All of that funding was distributed via Electronic Benefit Transfers (EBT), which are payments processed like debit card transactions. Nearly 43 million people in the United States received benefits from the Supplemental Nutrition Assistance Program (SNAP) in 2023, totaling almost $154 billion.

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Transactions Debit Card Process Payments 88

Fintech Finance

JULY 12, 2024

That’s why Bank of America has unveiled a powerful transaction search engine with integrated investigation capabilities on CashPro. CashPro is the banking platform used by 40,000 companies around the world to manage and monitor their payments, deposits, loans and trade finance transactions.

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Transactions Correspondent Finance Wires 96

The Fintech Times

SEPTEMBER 11, 2024

This includes high costs, slow processing times, and operational complexities. Additionally, this platform allows participating central and commercial banks to conduct real-time, peer-to-peer cross-border payments and foreign exchange transactions.

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CBDC Cross-Border Payments Transactions Cross-Border 126

Synapse Payment Systems

AUGUST 25, 2022

However, businesses have to pay processing fees for each transaction. The good news is that it is possible to learn how to lower credit card processing fees. Negotiating lower transaction fees with your merchant account provider is all about being proactive and doing your research. A transaction fee ranging from $0.05

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Credit Cards Transactions Processors Assessments 130

Clearly Payments

MAY 2, 2024

Merchant services contracts for payment processing are complex. Contracts are not standardized and there is no strict regulation on payment processing pricing so it is very difficult to compare payment processing offers. This period can vary from one to several days after the transaction. They are long and convoluted.

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Process PCI DSS Processors Payments 93

Bank Automation

OCTOBER 2, 2024

American Express and Boost Payment Solutions will provide commercial card processing to U.S.-based Amex merchants will have access to Boost’s straight-through processing solution, Boost Intercept, allowing them to accept virtual cards while avoiding manual processes, Boost founder and Chief Executive Dean Leavitt told Bank Automation News.

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Transactions Commercial Card Automation Participant 59

Finextra

NOVEMBER 18, 2024

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, announced today that Japan’s Higo Bank has adopted DTCC’s ITP services to automate their middle and back office, helping them achieve no touch processing across domestic and cross-border transactions.

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Posting Process Cross-Border Automation 52

The Payments Association

OCTOBER 25, 2024

Challenger processors outperforming incumbents According to the report, new card processing models are gaining significant momentum, driven by technological innovation and the growing influence of non-bank entities like retailers and gig economy platforms. The card processing industry is at the forefront of the growing payments landscape.

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Processors Process Payment APIs and Integration Non-Bank 88

Fintech News

MAY 19, 2024

Mastercard and Salesforce have announced a new integration aimed at enhancing the transaction dispute process. This collaboration seeks to provide consumers with a safer and more efficient shopping experience by streamlining the resolution of transaction disputes and reducing associated costs.

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Disputes Visa Transactions CRM 104

Fintech Finance

OCTOBER 17, 2024

Currently there is wide variation between processing speeds at the domestic stage of a transaction among the same 40 countries, with 43% of all cross-border payments over Swift reaching the end customer’s account within an hour. Swift is committed to continuing to support these efforts.”

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Cross-Border Payments Cross-Border SWIFT ISO 20022 95

Basis Theory

MARCH 5, 2024

Any time a credit card transaction occurs, the payment carries detailed data along with it to better classify and analyze the purchase. The amount and type of data included will differ depending on the credit card processing level, which is directly linked to the type of transaction.

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Credit Cards Process Transactions Payments 88

Fintech Finance

AUGUST 7, 2024

Tribe Payments , the pioneering digital payments and infrastructure orchestrator which specialises in issuer and acquirer processing, has been selected by embedded financial services platform, Orenda Finance , to provide its issuer processing services. Ensuring a smooth process with Tribe is key for end-user functionality.

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Issuers Process Payment APIs and Integration Fraud Prevention 103

Stax

SEPTEMBER 17, 2024

Each requirement plays a critical role in building a secure environment for payment processing. These include penalties, legal repurcussions, and the revocation of credit card processing privileges. Each requirement plays a critical role in building a secure environment for payment processing. What is PCI Compliance?

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Credit Cards PCI DSS Compliance Process 88

The Fintech Times

JUNE 25, 2024

The Solana Foundation has introduced two new developer tools, Solana Actions and blockchain links (blinks), to make blockchain transactions more accessible and seamlessly integrated into everyday digital platforms. This innovation lets any URL-displaying website initiate a Solana transaction.

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Blockchain Transactions NFTs Use Case 105