Search Results for: transaction volume

Banking Digital Payments Featured Fintech

Building Resilient Fintech Systems for High-Volume, Low-Latency Payments Processing

Prajakta Ayade
by Prajakta Ayade0
FinTech systems are at the forefront of transforming the way payments are processed. With the increasing demand for instant and seamless financial transactions, building resilient FinTech systems capable of handling high-volume, low-latency payment processing has become a critical requirement. To achieve this, several key factors must be considered, including system......
iProov Sees Over 60% Surge in Transactions Driven by Soaring Demand for Cloud-based Biometric Onboarding and Authentication
Fintech News Security

iProov Sees Over 60% Surge in Transactions Driven by Soaring Demand for Cloud-based Biometric Onboarding and Authentication

Business Wire
by Business Wire0
iProov, a leading provider of science-based biometric identity solutions, delivered its quarterly business update, highlighted by a surge of 63% in transaction volume on its platform compared with the same timeframe last year. The identity verification market is showing consistent growth, fueled by the rapid digitization of services, and the......
Oracle Helps Healthcare Facilities Simplify Patient Payments While Reducing Transaction Fees
Digital Payments Fintech News

Oracle Helps Healthcare Facilities Simplify Patient Payments While Reducing Transaction Fees

PR Newswire
by PR Newswire0
New service gives providers transparent, secure payment processing that makes it easy for patients to settle co-pays and account balances with their preferred payment method To ease patient settlement and payment reconciliation, Oracle announced Oracle Health Payments. With the end-to-end payment solution, including gateway routing, processing, and acquiring under a single......
Banking Digital Payments Featured Finance Fintech

Zero-Latency Payment Systems: A Peek at Event-Driven Architectures in Real-Time Transactions

Prajakta Ayade
by Prajakta Ayade0
Efficiency and speed are at the heart of innovation, particularly in the financial sector. As the demand for seamless, instantaneous transactions grows, the concept of zero-latency payments is gaining prominence. These systems aim to provide near-instantaneous transaction processing, eliminating the delays traditionally associated with payments. At the core of these......
ReconArt rolls out AI Assistant feature, redefining high-volume data reconciliation automation
Artificial Intelligence Finance Fintech News

ReconArt rolls out AI Assistant feature, redefining high-volume data reconciliation automation

PR Newswire
by PR Newswire0
ReconArt takes its transaction matching, account reconciliation and financial close management solutions to the next level of innovation with AI powered functionality, which is now available to current and future customers alike. ReconArt, a leading provider of financial reconciliation software, is excited to announce the introduction of ReconArt AI Assistant,......
Galileo Launches Instant Account Verification and Machine Learning Risk Score to Secure Financial Transactions Amid Escalating Cyber Threats
Fintech Machine Learning News Security

Galileo Launches Instant Account Verification and Machine Learning Risk Score to Secure Financial Transactions Amid Escalating Cyber Threats

Business Wire
by Business Wire0
New tools deliver real-time fraud detection for fintechs, banks and businesses and maintain frictionless account experiences for customers Galileo Financial Technologies, a leading financial technology company and a subsidiary of SoFi Technologies, is delivering fintechs, banks and businesses new ways to fight fraud with the launch of Galileo Instant Verification......
Surge in Cross-Border Payments Fuels 142% Year-Over-Year Growth in Trulioo Remittance Transactions
Digital Payments News

Surge in Cross-Border Payments Fuels 142% Year-Over-Year Growth in Trulioo Remittance Transactions

Business Wire
by Business Wire0
Leading Global Companies Turn to Trulioo Platform and Performance Analytics for Advanced Verification Trulioo, an industry-leading identity platform with proven global coverage for person and business verification, announced a 142% year-over-year increase in remittance-related transaction volume through its platform. As cross-border payment demand reaches new heights, remittance companies continue to turn to......
B2B Banking Business Digital Payments Digital Wallet Featured Fintech Payment gateways Technology

Seamless Transactions: The Role of Payment Gateways in Enhancing Merchant Services

Prajakta Ayade
by Prajakta Ayade0
The role of payment gateways has become increasingly crucial in enhancing merchant services. These gateways act as intermediaries between merchants and financial institutions, ensuring secure and efficient transaction processing. As the landscape of digital payments continues to evolve, the capabilities of payment gateways are revolutionizing how merchants operate, providing seamless......
Oscilar Launches Groundbreaking AI-Powered ACH Fraud Detection Solution Amidst Rapid Growth in ACH Transactions
Artificial Intelligence Fintech News

Oscilar Launches Groundbreaking AI-Powered ACH Fraud Detection Solution Amidst Rapid Growth in ACH Transactions

PR Newswire
by PR Newswire0
Oscilar, a leading provider of cutting-edge risk technology solutions to fintechs and financial institutions, today announced the release of its state-of-the-art AI-powered ACH Fraud Detection product. The solution identifies and prevents fraudulent transactions with unparalleled speed and accuracy by leveraging advanced machine learning algorithms, generative AI techniques, and real-time data......
Ansa Raises $14 Million Series A Funding to Redefine Merchant Transaction Solutions
Fintech News

Ansa Raises $14 Million Series A Funding to Redefine Merchant Transaction Solutions

PR Newswire
by PR Newswire0
Ansa, the fintech infrastructure solution enabling merchants to launch branded customer wallets, announced today a $14M Series A funding round. The round was led by Renegade Partners with participation from Bain Capital Ventures, B37 Ventures, Box Group, and Wischoff Ventures. The funding will be used to broaden the depth of......
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