The Paypers

JULY 2, 2019

(The Paypers) The South African Social Security Agency (Sassa) has put a ‘stop payment’ instruction on 2,800 social grants accounts, identified as being potentially fraudulent.

Stop Payment 28

Stop Payment Accounts Social Security Payments 28

PYMNTS

JUNE 24, 2020

Brazil’s Central Bank has suspended WhatsApp’s payment feature in the country, citing antitrust concerns, according to Bloomberg on Tuesday (June 23). Mastercard and Visa have been requested to stop payments and money transfer services through the app in Brazil as well, the bank said.

Central Bank 112

Central Bank Payments Visa Stop Payment 112

Tearsheet

JULY 18, 2024

The new Subscription Manager capability is an extension of this commitment – where we will also make it easy for cardholders to see all existing subscriptions, review upcoming bills, and stop payments through their bank’s digital app. How does a tool like Subscription Manager help accelerate that shift?

Economy 98

Economy Digital Payments Payment APIs and Integration Payments 98

PYMNTS

JANUARY 6, 2019

With one service users can access one of UnionPay eighteen payment and data services. Those, noted the report include QR Code payments and tokens. The second service allows developers to create a one stop payment service and a third that provides testing and certification, documentation as well as consulting, noted the report.

Cross-Border 75

Cross-Border Cross-Border Payments Mobile Payments Stop Payment 75

PYMNTS

OCTOBER 6, 2020

In June, news surfaced that HSBC Hong Kong ’s new API will streamline the payment system for companies down to a one-stop payment center. The offering will allow companies to incorporate the instant electronic Direct Debit Authorisation (eDDA) into their own technologies in addition to real-time fund transfer services.

Treasury 75

Treasury API Cross-Border Cross-Border Payments 75

PYMNTS

JUNE 23, 2020

The company reportedly wants to make its card a one-stop payment service by allowing workers to spend their gift card budgets using their Swile cards. In time, the company could provide additional ways to handle benefits, like helping firms pay for a portion of recurring mass transit payments.

Stop Payment 70

Stop Payment Payments B2B 70

The Fintech Times

DECEMBER 19, 2023

Visa Stop Payment Service: enables financial institutions to stop payment on a specific check or range of checks. Visa Risk Manager solution: helps financial institutions manage and mitigate payment risks. The programme now also provides a 12-month free trial of this solution.

FinTech 59

FinTech Stop Payment Payroll Consulting 59

The Paypers

SEPTEMBER 4, 2020

Bottomline , a provider of financial technology, has launched cloud-based Confirmation of Payee (CoP) service for UK based banks.

Payee 28

Payee Stop Payment Payments Technology 28

PYMNTS

SEPTEMBER 20, 2016

This empowers our bankers to make informed real-time decisions to stop payment fraud, while still maintaining a high level of service to our customers.” “Fraud solutions from Fiserv give us best-in-class detection and minimize false positives.

BSA 67

BSA FedWire Risk Mitigation ACH 67

PYMNTS

JUNE 17, 2019

Fees also falling by the wayside include penalties for falling below minimum balances and stop-payment requests. Discover, according to the release, is eliminating fees for insufficient funds and excessive withdrawal. Discover banking customers also have access to 60,000 fee-free ATMs across the country.

Deposit Account 62

Deposit Account Accounts Debit Card Stop Payment 62

The Paypers

DECEMBER 6, 2021

Singapore-based FOMO Pay , a one-stop payment solution provider, has partnered with Luxembourg-headquartered licenced bank Banking Circle.

Stop Payment 39

Stop Payment Payment Solutions Payments 39

PYMNTS

JUNE 11, 2019

“We want to take advantage of both companies to promote the development of payment products. By merging these two businesses, we provide a one-stop payment solution for merchants.’’. We consolidate strategy, shareholders and the business team of 500 people,” said Tuat. “By

eWallet 61

eWallet Contactless Payments Stop Payment Digital Payments 61

Finovate

APRIL 16, 2024

Paystand brings full payments integration to Microsoft Business Central. Aurora Payments launches ARISE , a one-stop payment platform for small and medium businesses. Small business tools Boss Insights earns spot in the FinTech Innovation Lab New York’s 2024 class.

FinTech 52

FinTech Stop Payment Verification Small Business 52

PYMNTS

APRIL 15, 2020

Coming into the PPP launch, 71 percent of these SMBs said they had already taken steps to reduce operating cash flow pressures, including reducing payroll (cited by 38 percent of firms) or even stopping payment of their bills (33 percent).

Payroll 80

Payroll Small Business Stop Payment On-Demand 80

The Paypers

AUGUST 25, 2022

UK-based global fintech Unlimint has launched its Banking-as-a-Service (BaaS) product, Unlimint Banking and Cards (UBC), a one-stop payment accounts and card issuing and processing solution, according to ffnews.com.

Stop Payment 36

Stop Payment Accounts Process FinTech 36

FICO

DECEMBER 1, 2020

We stop payments fraud in real time across retail banking and consumer lending. At FICO, we are increasingly seeing organizations consolidate their fraud management programs onto an integrated platform, with the goal of enabling better, coordinated decisions that utilize the right data, at the right time.

Financial Crimes 59

Financial Crimes Crime Best Practices AML 59

Fintech Finance

DECEMBER 18, 2023

Visa Stop Payment Service: enables financial institutions to stop payment on a specific check or range of checks. Visa Risk Manager solution: helps financial institutions manage and mitigate payment risks. The program now provides a 12-month free trial of this solution.

FinTech 52

FinTech Debit Card Stop Payment Payroll 52

PYMNTS

JANUARY 24, 2020

We’ve been very forthright with the public, …” he said. “… we stopped payments to certain vendors as would be commonplace in the restructuring of a retailer. Debra Borchardt, the Editor-In-Chief of Green Market Report, interviewed MedMen CEO Adam Bierman about the emails to vendors and asked if they were real. .

Consulting 54

Consulting Stop Payment Advisors Payments 54

PYMNTS

JANUARY 3, 2019

USAA, which is headquartered in San Antonio, Texas, was accused of not properly honoring customers’ requests to stop payments on preauthorized electronic fund transfers. The Consumer Financial Protection Bureau (CFPB) announced on Thursday (Jan.

CFPB 51

CFPB Consumer Financial Protection Bureau (CFPB) Error Resolution Funds Transfer 51

PYMNTS

MAY 29, 2020

The press release says some users have received “Stop Payment” notices on their accounts and have needed to take additional steps to access the money, if it was suspected there was fraudulent activity occurring. Michigan has reported 1.65

Identity Theft 52

Identity Theft Law Enforcement Scams Laws 52

Finovate

SEPTEMBER 4, 2024

Cedar Falls, Iowa-based Moov offers a money movement platform that provides a straightforward and scalable way to integrate payments into products. As a payment processor, issuer, registered PayFac, program manager, and technology provider, Moov serves as a one-stop payment solution for businesses with complex money movement needs.

Payment APIs and Integration 59

Payment APIs and Integration Credit Union Reconciliation Payments 59

The Paypers

APRIL 8, 2022

Payment processor RS2 has launched its own acquiring business in Germany, offering a one stop payment solution for merchants and PSPs.

Acquirers 28

Acquirers Stop Payment Processors Payment Solutions 28

PYMNTS

APRIL 30, 2020

CUs in the state have responded by allowing their customers to stop payments for car or mortgage payments, and many are also waiving fees for late or missed payments. The Alaska Credit Union League is suggesting that Alaskan residents head to their CUs and FIs to draft plans to pay off outstanding loans, for example.

Credit Union 75

Credit Union Phishing Online and Mobile Banking Credit Union Service Organization 75

PYMNTS

NOVEMBER 4, 2019

Penalty fees were also removed for falling below minimum balances and making stop-payment requests. Discover eliminated fees for insufficient funds and excessive withdrawals. Discover banking customers also have access to 60,000 fee-free ATMs across the country.

Debit Card 40

Debit Card Deposit Account Stop Payment ATM 40

Fintech Finance

DECEMBER 12, 2023

FYST , the one-stop payments consultancy for ecommerce businesses, has today launched its Acquiring Matters report. It reveals the biggest trends in acquiring, including how the sector is harnessing artificial intelligence to boost fraud detection and optimise payment authorisation.

Consulting 52

Consulting Acquirers Fraud Detection Payments 52

PYMNTS

MAY 25, 2018

But that’s not stopping payment and commerce players from trying to use technology to bring more efficiency to the system.

Technology 66

Technology Accreditation Payments Blockchain 66

PYMNTS

OCTOBER 28, 2019

Charges associated with penalties for falling below minimum balances and stop-payment requests were also dropped. Fees were eliminated for insufficient funds and excessive withdrawals. The elimination of fees also extends to monthly maintenance, checkbook orders or replacement debit cards.

Zelle 40

Zelle P2P Debit Card Online and Mobile Banking 40

PYMNTS

JUNE 24, 2020

As had been reported Tuesday (June 23), Brazil’s central bank suspended the WhatsApp payment feature from being used in that country. Among the firms that have been asked to stop payments done through the app: Mastercard and Visa. The central bank cited antitrust concerns as the reason behind the suspension.

Central Bank 52

Central Bank Financial Inclusion Stop Payment Instant Payments 52

FICO

JANUARY 22, 2020

New forms of biometric, multifactor and behavioral technologies allow banks to stop payments being made, even if an account appears to be using the correct but stolen password or entering the right, but intercepted, one-time-password. Account takeovers were ranked second, with false accounts and money mules also rated as problems.

Real Time Payments 52

Real Time Payments APACS Multifactor Authentication Account Takeovers 52

PYMNTS

JUNE 4, 2019

Indeed, there is a cyclical impact of vendor payments in relation to corporate failures that could force the dominos to fall down the supply chain. Interestingly, according to D&B’s data, B2B payment terms in the U.K. actually improved, though they remain longer than Europe’s average of invoices being paid 13.4

Payments 48

Payments Stop Payment B2B Research 48

PYMNTS

JULY 15, 2019

In that announcement , Gas Pos singled out FLEETCOR and another industry giant, WEX , noting that its collaboration with Twilio aims to “shift the balance of control in the truck stop payment ecosystem” and to allow fuel retailers to combat the “Goliath Problem” of “oligopolies.”.

Payments 57

Payments Payer Addressing Stop Payment 57

PYMNTS

SEPTEMBER 17, 2018

A $5,000 payment will be accepted 99.4 percent of the time, but a $50,000 payment will bounce back about half the time. That’s because bank systems are set up to detect and stop payments that seem, on the surface, suspicious.

Push-to-Card 64

Push-to-Card Payment APIs and Integration Payments Checks 64

PYMNTS

AUGUST 18, 2016

Reuters noted that, in May, SWIFT debuted a “customer security plan,” which focused on security software initiatives and also increased scrutiny on finding where accounts may have been compromised, with the ability for banks to set up “stop payment” orders with speed.

SWIFT 41

SWIFT Security Risk Federal Reserve 41

PYMNTS

JUNE 5, 2020

This speed can be a problem if fraudsters posing as legitimate customers are using the services to launder money, however, because there will be less time to stop them from sending those funds whenever they like. App providers often have to dig deep to get enough knowledge because bad actors are adept at hiding their involvements.

Money Laundering 69

Money Laundering Security Payment APIs and Integration FinTech 69

FICO

FEBRUARY 4, 2019

Successful adoption of Pre-Payment prevention strategies requires that you have your stakeholders on board. The FICO insurance fraud solution delivers this capability.

Payments 40

Payments Mitigation Payer Stop Payment 40

PYMNTS

JUNE 27, 2019

The study found that payment plans aren’t just good for patients, they increase the likelihood of paying bills in full and on schedule. Three-fourths who used payment plans expected to complete payments on schedule. Though the higher the amount owed, there was a greater possibility of stopping payment.

Procedures 45

Procedures Payments Stop Payment Consumer 45

PYMNTS

JANUARY 22, 2021

“We know that real-time payments are a type of payment that’s more of a wire — it’s very tough to get the funds back,” Alvarez said. “We You can’t put a stop payment [like] on a check. We can’t pull them back as you would do with ACH or anything else. The level of risk is higher.”.

RTP 56

RTP Finance Security Real Time Payments 56