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Building Vendor Trust With Virtual Cards

PYMNTS

and divisions in the Netherlands, Singapore and South Korea — have embraced offerings like virtual and purchasing cards that expedite the payment workflow. . The pair explained how these offerings keep suppliers satisfied and DPR’s partners safe from fraud. . Virtual cards move payments quickly,” Phoenix said. “We

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5 reasons your financial institution should attend the ThinkBIG 2024 conference

Abrigo

The ThinkBIG 2024 conference is June 3-6 in Phoenix, Arizona, and with 99% of last year’s attendees saying they would recommend the conference to others, Abrigo expects another large crowd. The Fighting Financial Crime track will focus on BSA compliance, anti-money-laundering (AML), and fraud detection topics.

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Construction Payments: Building The House With Virtual Cards

PYMNTS

Under the partnership, the companies have produced a tool that integrates end-to-end encryption to protect sensitive information, prevent push payment fraud and enable billers to accept partial payments to avoid late fees or penalties. With total losses from fraud reaching $4.2 Fraud Epidemic. The global economy suffered $4.2

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Virtual Cards Can Be Valuable For Analog Industries

PYMNTS

What these studies didn’t reveal is that construction management software and tools like virtual cards can also speed payments and free up cash flow. How Virtual and Purchasing Cards Can Help. Virtual cards are a form of ePayables that act like a traditional credit card. Only 6 percent wanted mobile access.

Industry 169
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B2B Payment Innovations Keep Suppliers In Mind

PYMNTS

Losses from fraud were estimated to hit $4.2 They often result in declined corporate card transactions and delayed invoice processing, which can lead to payment delays that ultimately harm buyer-supplier relationships. Among these new services, the top focus is real-time payments (55 percent), followed by same-day ACH (44 percent).

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BEC Scam Storms The Sports Field (Literally)

PYMNTS

In a smattering of individual instances of fraud: In Canada, SaskEnergy said that it fired an employee amid allegations that the unnamed worker had misappropriated a fuel card, racking up $30,000 in charges between 2004 and 2019. The employee had been given the fuel card as part of their job, which included driving a corporate vehicle.

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Mobile Payments: What’s In It For Me?

PYMNTS

NanoPay is finding that for mobile payments to take off, even among early adopters, using a phone to pay must be much more rewarding and convenient than tapping a card. “You want to get into as many use cases as possible,” said Greg Weed, director of card performance research at Phoenix Marketing International.

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