Yin and yang, life and death, Clark Kent and Superman. Some concepts are so intertwined that it’s impossible to imagine one without the other. Transaction processing (TP) and relational databases ...
Transactions over $10,000 trigger a currency transaction report under the Bank Secrecy Act. Structuring deposits to avoid reports can still alert banks and lead to a possible suspicious activity ...
In today’s fast-paced business landscape, efficiency and quality are essential for staying ahead of the competition. Straight-through processing (STP) is a solution that enables businesses to expedite ...
SAN FRANCISCO--(BUSINESS WIRE)--Visa Inc. (NYSE: V) today announced Visa Smarter Stand-in Processing (Smarter STIP), a new capability that uses real-time artificial intelligence (AI) to help financial ...
The Payment Services Regulations (PSR) approach will bring about a significant change for all the payment firms. Its aim is to proactively prevent Authorized Push Payment (APP) fraud from occurring.
Discover how batch credit card processing can save costs with grouped transactions. Learn how it works, key benefits, and considerations for your business.
When it comes to determining the cost of your accounts payable processing, don’t forget to factor in the time your staff spends processing invoices — time they could be spent working on other things ...