New payment types are evolving—business-to-business payments as well as person-to-business payments, business-to-person (B2P) payments, and person-to-person (P2P) payments are becoming mainstream.
Last month we heard top things to consider when financial institutions (FIs) are implementing a new P2P payments platform. This month Wade Hobbs, Business Development Manager for Levvel’s Payments practice, went deeper on another important topic - fraud management.
Early Warning, a leader in fraud and risk management, today unveiled an industry first: a solution created specifically to help payment originators reduce – in real-time – the billions of dollars in losses they absorb each year.
Fueled by cross bank data, solution addresses persisting check fraud challenge
Raise your hand if you’ve heard of the Faster Payments movement! If you’re in the payments industry, it’s a good guess you’ve not only heard of it, but are actively preparing your organization for the second and third phases of the National Automated...
The real-time revolution is here. The government is encouraging the industry to quickly enable faster payments. Businesses, consumers, and government entities all stand to benefit; but financial institutions need to play a central role in the...
Whether it be televisions, cars, computers or mobile phones, consumers have come to expect constant advancements in the technology they use every day. Consumers rely on technology to make their lives easier, and banking technology is no exception.
...By Ian Macallister, Head of Customer Success
Last month we heard top things to consider when financial institutions (FIs) are implementing a new P2P payments platform. This month Wade Hobbs, Business Development Manager for Levvel’s Payments...
Early Warning, a leader in fraud prevention and risk management, today announced that its Account Owner Authentication (AOA) for Government solution suite is now available to help prevent the growing instances of tax refund fraud.
New Account Scores address CFPB concerns while extending fraud management
With an estimated 5 million checks per week being distributed to taxpayers, here are a few things to keep in mind.
Meeting consumer, business and government payment needs
Real-time settlement of Zelle® transactions on the RTP® network enables expanded
uses cases and increases efficiency of P2P, small business and disbursement
payments for participating financial institutions; PNC Bank and U.S. Bank first to pilot the
integration
Banks that are elevating customer experience are making it easier to open accounts, transfer money, and make digital, contactless payments — all while keeping fraud at bay.
Today, fast and easy go hand in glove. 60-hour work weeks. Hundreds of emails. Commitment upon commitment. We’re all strapped for time, and always on the go. It’s second nature to tap a screen to pay our bills – online, or on our phones. Easy. And we...