Dwolla has expanded its partnership with MX Technologies to help enterprises manage money movement. The company’s recently launched open banking services include bank verification and balance check capabilities powered by MX’s instant account verifications (IAV) and account aggregation solutions, the companies said in a Wednesday (March 27) press...
The benefits of open banking are multi-faceted, Ramesh Menon, group director, product management of LSEG Digital Identity/Account Verification and Fraud Solutions, told PYMNTS. “Open banking, ultimately, makes life easier for consumers,” said Menon. “The different applications that FinTechs are developing are driving a lot of...
Payment fraud is expected to jump from $28 billion globally in 2020 to $49 billion in 2030, according to analysts. Those figures, said Linda Weston, head of core product at Barclaycard Payments, point to the enormous threat online retailers are facing in the payments space,...
Mastercard and GIACT have joined forces to offer customers secure account verification. The partnership expands on GIACT digital identity and fraud solutions to allow “businesses to use a multi-method approach to verify account information for over 95% of U.S. deposit accounts,” the company announced Tuesday...
March 29, 2023
The benefits of open banking are multi-faceted, Ramesh Menon, group director, product management of LSEG Digital Identity/Account Verification and Fraud Solutions, told PYMNTS. “Open banking, ultimately, makes life easier for consumers,” said Menon. “The different applications that FinTechs are developing are driving a lot of innovation — and consumers are getting access to better, more […]
March 08, 2023
Payment fraud is expected to jump from $28 billion globally in 2020 to $49 billion in 2030, according to analysts. Those figures, said Linda Weston, head of core product at...
April 20, 2022
That old saying in business holds true in the digital age. As Neuro-ID CEO Jack Alton told Karen Webster, there’s only one chance to make a first impression. For merchants...
September 15, 2020
The old saying goes: Faster payments, faster fraud. To that end, in an interview with PYMNTS, Kimber Johnson, executive vice president of strategic alliances at GIACT, said account validation is...
May 16, 2024
Dwolla and Visa have partnered to make it easier for mid- to enterprise-size businesses to use pay-by-bank to pay and get paid. With this collaboration, Visa’s open banking solutions are integrated into Dwolla’s account-to-account (A2A) payment technology, the companies said in a Thursday (May 16) press release. This integration will bring advanced account verification capabilities […]
March 27, 2024
Dwolla has expanded its partnership with MX Technologies to help enterprises manage money movement. The company’s recently launched open banking services include bank verification and balance check capabilities powered by MX’s instant account...
March 07, 2023
Mastercard and GIACT have joined forces to offer customers secure account verification. The partnership expands on GIACT digital identity and fraud solutions to allow “businesses to use a multi-method approach...
February 19, 2023
Meta will begin testing a paid verification service for creators on Facebook and Instagram. The social media giant announced the launch of Meta Verified on Sunday (Feb. 19), saying it...
