Category Archives: Compliance

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SEPA Verification of Payee (VOP): Key Changes, Deadlines

SEPA Verification of Payee (VOP): Key Changes, Deadlines
What Is SEPA Verification of Payee (VOP)? As digital fraud and social engineering scams continue to evolve, the European payment industry is introducing Verification of Payee (VOP) to boost security in credit transfers. VOP is a new anti-fraud mechanism that ensures the beneficiary name matches the account number (IBAN) before funds are transferred—adding an essential…
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Crypto Exchanges and Gambling: Avoiding Card Scheme Fines Through Smart Integration

Crypto Exchanges and Gambling: Avoiding Card Scheme Fines Through Smart Integration
As the overlap between crypto exchanges and online gambling platforms grows, regulatory pressure from card schemes like Visa and Mastercard continues to intensify. One of the most critical risks for crypto exchanges is miscoding—when gambling transactions are incorrectly processed through merchant categories not permitted for such activity.To avoid hefty penalties, crypto exchanges must ensure that…
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Smarter, Safer, Faster: How AI Is Revolutionizing Payment Processing and Fraud Detection

Smarter, Safer, Faster: How AI Is Revolutionizing Payment Processing and Fraud Detection
Smarter, Safer, Faster: How AI Is Revolutionizing Payment Processing and Fraud Detection Introduction Traditional payment systems struggle with slow transaction speeds, outdated interfaces, and growing security vulnerabilities. As mobile payments and e-commerce boom, the demand for real-time, seamless payment experiences is at an all-time high. Meanwhile, cybercrime is growing more advanced. Businesses now face serious…
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