Corcentric & FIS & Comdata Develop an Integrated Pay Solution

Corcentric & FIS & Comdata Develop an Integrated Pay Solution

Corcentric, a provider of cloud-based financial process automation solutions, has launched its newest product, an e-payments solution to help its customers further automate and digitize their payments processes. This integrated, end-to-end solution automates back-end accounts payable and payment transactions, processes all of a company’s disbursements, dramatically reduces accounts payable and payment costs and efficiently manages…

Major 4 U.S. Credit Card GDV Up Nearly 7% YOY

Major 4 U.S. Credit Card GDV Up Nearly 7% YOY

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Gross dollar volume (GDV) for Visa, MasterCard, American Express and Discover cards (credit + debit) in the U.S. climbed 6.8% year-on-year (YOY) in 2Q/16 reaching a record $1482 billion.   Visa led the way in the second quarter posting a 9.0% YOY gain for U.S. GDV. Visa reported second quarter GDV…

Fiserv Beefs-Up Payment Fraud Manager

Fiserv Beefs-Up Payment Fraud Manager

Fiserv’s Payment Fraud Manager now offers a new, advanced predictive scoring model specific to Automated Clearing House (ACH) transactions. Payment Fraud Manager detected more than 90% of fraud while reviewing only two percent of the transactions, according to Fiserv model validation tests. Built to help financial institutions detect and stop fraudulent electronic payments in real…