NEWS RELEASE BURLINGTON, MA, MARCH 23, 2022 – Aliaswire, a provider of bill payment and credit solutions for businesses and banks, today announced that its DirectBiller bill pay platform is featured in the Federal Reserve’s new FedNow Service Provider Showcase. The online resource connects financial institutions looking to adopt and innovate upon the FedNow Service, a new instant…
The Request for Payment (RfP) is a payment processing system that has been agreed by financial institutions globally to be the future of digital payments. RfPs enable businesses and consumers to get paid into their bank accounts from customers’ accounts in real-time within seconds. Vendors no longer need to wait two to three days for…
What is refund fraud, and why is it a growing threat to companies that ship goods or accept returns? You may know e-commerce refund fraud by a few names. But whether you call it refund fraud, shipping fraud, or cargo loss, it’s a big problem for any company that ships goods or accepts returns. Essentially,…
In a recent survey conducted by 451 Research of more than 260 payments and fraud managers across North America, Europe, LATAM and Asia, 64% strongly agreed that e-commerce fraud is becoming an increasing problem in their industries. Our research depicts a challenging state of affairs, with three primary forces that continue make effective fraud management…