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March 27, 2023

On the wires

Real-Time Payments Platform, Pidgin, Partners with Effectiv to Help Financial Institutions Mitigate Transaction Fraud

Businesswire

Pidgin, a secure, real-time payments platform built for the future of payments, has partnered with Effectiv, a fraud-fighting and compliance automation platform to help financial institutions monitor transactions to detect and prevent payments fraud in real time. Through the partnership, financial institutions using Pidgin’s faster payments platform will now have access to Effectiv’s robust fraud mitigation tools. With machine learning-driven fraud protection and AML/BSA parameters, Effectiv’s transaction monitoring and payment fraud detection solutions help keep account holders’ money secure while reducing fraud losses for financial institutions.

January 18, 2023

On the web

5 Companies at the Forefront of Real-time Payments in the US

IBS Intelligence

Real-time Payments (RTPs) are payments that settle and clear quickly with the use of an underlying platform or network called a ‘payment rail.’ RTPs are made between bank accounts. RTP solutions are built on the connection between payee and payer and can be used by merchants of any size, consumers, and financial institutions to carry out payments to settle bills or transfer money with peers or customers. Here are 5 companies at the forefront of Real-time Payments in the US...

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