Uncategorized

Seven days, seven essential tips for fraud week

Banking

The need to democratize AI

Merchants

Unboxing holiday trends: ACI’s insights on payments and fraud for the golden quarter

Banking

A call for urgency: The payment industry’s compounding complexity conundrum

Banking

The invisible synthetic identity heist

In the digital marketplace, convenience is king. Consumers expect seamless transactions, often unaware of the intricate security measures that protect their identities and finances. Behind the scenes, merchants combat fraudulent activities tirelessly to safeguard their customers and their reputations.

Banking

Unified payments processing is the solution to banks’ crushing compliance burden

Surging digital payment volumes and related compliance demands are heaping pressure on banks to scale their processing capacity and optimize operations.

Someone tapping on their smartphone, there is a digital graphic added on top showing the various things you can do on a smartphone such as shopping, music, etc.

Banking

Banks are overwhelmed by payments data. Does unified processing offer a lifeline?

The volume of payments data available to banks today has surged almost to the point of overwhelm: it has created as many operational challenges as it has growth opportunities.

Banking

More widely available instant payments are coming to Europe: How Banks and PSPs can prepare for IPR

European payments are moving toward significant transformation as the European Parliament and the Council of the European Union (EU) adopted the Instant Payments Regulation (IPR) in February 2024, entering into effect on April 8, 2024.

Banking

Factoring in the safety switch with Confirmation of Payee

In a world where everything is digital-first, financial institutions are setting new standards in shielding their customers and revenue, while at the same time protecting the payments security and convenience paramount to achieving customer excellence and building a good reputation.

Banking

Navigating the future: ACI’s ATM transaction processing trends

As digital banking sweeps the industry, automated teller machines (ATM) are adapting to the changing tides of consumer demands and fewer physical branch locations. 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).

Prime time for real-time

Global payment trends
As the world adopts real-time payments, how does your market stand to benefit?

Hands typing on a smart phone over a desk in the dark

Banking

APP Frauds & mandatory reimbursement: What it means for you

Authorized push payment (APP) fraud is a scam in which a fraudster convinces a payer to authorize a payment under false pretenses. APP fraud is a form of confidence-based fraud, meaning it relies on deception, rather than brute force, to convince victims to take a specific action.

Banking

Pivoting to the new way of intelligent decision-making: The journey toward convenience

Neither the individual who initiated the first card-not-present transaction nor the organization that pioneered a customer convenience channel could have foreseen the trajectory and evolution of payment systems. Fast-forward to today – the commerce landscape continues to be propelled by consumer-preferred payment methods that are convenient, swift, and efficient.

Billers

Tackling Sophisticated Fraud: Innovations and Approaches for a Secure Digital Future

Fraud has permeated numerous aspects of our lives, infiltrating the most routine activities and transactions, causing unease and uncertainty for many individuals. In fact, fraud-related losses in the U.S. topped $10 billion last year, up 14% from the previous year, according to the Federal Trade Commission.

Banking

Los sistemas de pago impulsan la expansión de los pagos inmediatos en Latinoamérica 

Aunque los pagos inmediatos son una realidad desde hace muchos años, no se puede negar que la transformación que supone el “tiempo real” ha despegado en Latinoamérica a un ritmo vertiginoso. No obstante, la tasa de adopción varía enormemente de un país a otro.

Banking

SEPA one-leg out SCT Inst (OCT Inst) : a great opportunity for new international services

Payment Service Providers in Europe should start looking at the significant possibilities offered by the newest EPC rulebook on One-Leg Out SCT Inst, to develop new business propositions by providing effective international transaction processing to their retail and corporate customer base.

Two women shake hands while others stand in line behind one of them

Banking

Historias de éxito de los principales sistemas de pagos inmediatos del mundo

En busca de las ventajas económicas de unos pagos más rápidos y eficaces, la mayoría de los mercados más importantes ya cuentan con sistemas de pagos inmediatos o los están desarrollando, por lo que la atención se está centrando en impulsar su adopción.