Vault Expands Payment Capabilities by Launching Interac e-Transfers

Vault, the leading digital financial platform for Canadian businesses, today announced the launch of Interac e-Transfer payments, a heavily-requested feature that will significantly expand the platform’s payment capabilities. This feature will allow Vault customers to send payments via Interac through the Vault platform. While Vault has allowed users to fund their accounts via Interac for the last year, this new product launch allows Canadian businesses to have further flexibility on how they wish to send...

CLPS Incorporation Appoints Ms. Sarah Wu as Non-Executive Director of QCC

CLPS Incorporation (the “Company” or “CLPS”) (Nasdaq: CLPS), today announced the appointment of Ms. Sarah Wu as a Non-Executive Director of Qinson Credit Card Services Limited(“QCC”), a wholly-owned subsidiary of CLPS. QCC provides fintech services with a focus on payment systems. Ms. Wu will oversee strategic initiatives to drive QCC’s development, shape its vision and trajectory, and accelerate its transformation into an agile and innovative global fintech company. Ms. Wu brings a wealth of experience in the fintech...

Knot Announced the Launch of AccountUpdater™

Knot, a leading fintech innovator in card-on-file management, introduces Knot AccountUpdater™, an advanced solution designed to upgrade and synchronize card information across hundreds of online merchants instantly and effortlessly. Over the past few years, Knot has been quietly building a suite of merchant connectivity products, and Knot AccountUpdater marks the beginning of rolling out these innovative tools to customers. Knot AccountUpdater enables card issuers using Knot’s CardSwitcher™ product to update cardholder details—including card information, name, address, and phone number—across...

Bectran Partners with GIACT for ACH Fraud Prevention

ACH remains a popular payment method for B2B finance operations. At the same time, ACH is one of the most commonly and easily defrauded forms of payment. Victim organizations risk significant losses, compromised reputation and possible legal consequences. Bectran, Inc., the credit, collections and accounts receivable platform leading the way in fraud prevention, has partnered with GIACT, part of the London Stock Exchange Group and the leader in helping companies positively identify and authenticate customers,...

Banks Can Boost Fraud Detection 10x+ Than Through Better Collaboration

Just one in four (27%) financial service and online retail businesses in EMEA currently employ consortia or fraud insight exchange initiatives Top US card issuer combined digital identity, email and physical data to boost high-risk transaction detection by a factor of 23 Banks and online retailers can significantly improve their ability to capture hard-to-detect high-risk fraudulent transactions through combining shared fraud intelligence into their risk assessments, according to the latest Global State of Fraud and Identity Report from LexisNexisŽ Risk Solutions. Examples include a...

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