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Request Payment Method and Multi-Factor Authentication are among the new features which can lower PCI scope and strengthen client confidence.

ClientPay (clientpay.com), an award-wining digital payment acceptance solution for legal and professional services firms, has announced enhanced security features designed to help firms operate more securely, with reduced liability and lower PCI scope. These features include a Request Payment Method solution and Multi-Factor Authentication.

ClientPay has received significant recognition for its ease of use, enabling professional services firms to get paid faster and more simply while presenting a streamlined, professional experience for the firms’ clients. With ClientPay, firms have the technology they need to ensure they can meet the most rigorous PCI-SSC Data Security Standards. These enhanced security features give firms even more tools to ensure they are keeping their clients and firm safe while eliminating PCI scope. Not having these features means more compliance red tape, more risk of

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LONDON–(BUSINESS WIRE)–The global third-party banking software market is expected to grow at a CAGR of over 8% during 2020-2024, according to the latest market research report by Technavio. The report provides a detailed analysis on the impact and new opportunities created by the COVID-19 pandemic. The report also helps clients keep up with new product launches in direct & indirect COVID-19 related markets.

Learn more about how COVID-19 is impacting the third-party banking software market – Request a free sample report

Many organizations are expanding their business in new geographies and acquiring new customers. The growth in the customer base has increased the number of online transactions, which has increased the demand for digital payment solutions. In addition, the rising number of customers seeking help with financial decisions and investments is contributing to the growth of the global third-party banking software market.

Third-Party Banking Software Market: COVID-19 Impact

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Charee Mobley, who teaches middle school in Fort Worth, Texas, had just $166 to get herself and her 17-year-old daughter through the last two weeks of August.

But that money disappeared when Ms. Mobley, 37, ran into an issue with Square’s Cash App, an instant payments app that she was using in the coronavirus pandemic to pay her bills and do her banking.

After seeing an errant online shopping charge on her Cash App, Ms. Mobley called what she thought was a help line for it. But the line had been set up by someone who asked her to download some software, which then took control of the app and drained her account.

“I didn’t have gas money and I couldn’t pay my daughter’s senior dues,” Ms. Mobley said. “We basically just had to stick it out until I got paid the following week.”

In the pandemic, people have flocked

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The Land Transportation Franchising and Regulatory Board (LTFRB) issued a directive that would prohibit any additional fees for the purchase of beep cards on public utility vehicles (PUV).

The regulator issued Memorandum Circular (MC) 2020-057 following the government’s stance to remove any fees on top of the fare load.

From MMDA FB Bus
From MMDA FB Bus

Based on MC 2020-057, the LTFRB “deems it necessary to order PUV operators and the automatic fare collection system (AFCS) providers to the cost of the card” so as the commuting public not to shoulder any additional burden when taking the public transport.”

Issued October 6 and will be effective tomorrow (Friday, October 9), the latest directive from the LTFRB followed the string of complaints and reports about added payment as high as P80 charged fee for Beep card purchases.

LTFRB
LTFRB

The board also cited in the circular that President Rodrigo Duterte dipped his finger

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Technavio has been monitoring the contactless PoS terminals market and it is poised to grow by USD 5.54 billion during 2020-2024, progressing at a CAGR of almost 16% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201007005587/en/

Technavio has announced its latest market research report titled Global Contactless PoS Terminals Market 2020-2024 (Graphic: Business Wire)

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. We offer $1000 worth of

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The new module makes BuyerQuest a one-stop-shop for corporate procurement

The BuyerQuest Pay module, as part of the Procure-to-Pay suite, offers users a seamless payment experience.

BuyerQuest Pay provides users the flexibility to develop payment agreements, process highly secure payments efficiently, and manage cash flow on their own terms.
BuyerQuest Pay provides users the flexibility to develop payment agreements, process highly secure payments efficiently, and manage cash flow on their own terms.
BuyerQuest Pay provides users the flexibility to develop payment agreements, process highly secure payments efficiently, and manage cash flow on their own terms.

CLEVELAND, Oct. 06, 2020 (GLOBE NEWSWIRE) — BuyerQuest, a recognized leader in enterprise Procure-to-Pay software, announces the launch of the BuyerQuest Pay module, a fully integrated payment processing system in the Procure-to-Pay suite.

The BuyerQuest Pay module, as part of the broader Procure-to-Pay suite, maintains the same industry-leading intuitive user experience that customers have come to expect from BuyerQuest. The straightforward but powerful payment tool is compatible with any ERP or workflow, offering users deep insights into direct

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Stroke Imaging Makes Significant Stride in Reimbursement. Helps U.S. Hospitals More Easily Adopt the Latest Advancements in Stroke Care

RapidAI, the worldwide leader in advanced imaging for stroke, today announced Rapid LVO is among the first software products to qualify for the New Technology Add-on Payment (NTAP). NTAP is part of the CMS Inpatient Prospective Payment System (IPPS). A significant advancement in stroke care and reimbursement for Medicare patients, the news further fuels the expansion of advanced stroke imaging for those technologies that meet the NTAP requirements, foremost Rapid LVO from RapidAI.

The new NTAP program applies to LVO triage and notification for stroke. Rapid LVO explicitly meets the definition of measuring arterial blood flow in the brain per the issued NTAP code definition. RapidAI offers the most comprehensive stroke imaging platform available. Once an LVO (Large Vessel Occlusion) is identified, Rapid ASPECTS can quantify the severity of the stroke,

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New Amazon technology, introduced at two Amazon Go stores this week, lets shoppers pay for purchases by holding their hands over a scanner. The system, called Amazon One, may herald a new way of identifying yourself and paying for things that could change the way people shop, enter concerts, use public transportation, and many other things.

You’ve probably used a fingerprint scanner or facial recognition to unlock your smartphone. You already know that your voice and your retinas can be used to positively identify you and give you access to your various devices, and possibly to secure government or corporate facilities. Amazon’s new Amazon One technology takes biometrics a step further by allowing shoppers to pay for purchases with a simple scan of their palms.

To stave off privacy concerns, the company says it is encrypting biometric data before storing it in the cloud, and that the data will be

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ACI and Mastercard will begin their collaboration by working together to offer industry-leading technology and expertise to central banks, scheme operators and market participants to fast-track the migration and modernization of real-time payment solutions around the world

ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time digital payment software and solutions, and Mastercard, the global multi-rail payments technology company, today announced that they will partner to provide a wide range of real-time payment solutions globally. They will initially collaborate to offer best-in-class central infrastructure, payments localization and access solutions to central banks, scheme operators, financial institutions, payment service providers, and other organizations launching real-time payments initiatives.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200929005265/en/

The real-time account-to-account payments market continues to quickly expand. Prime Time for Real-Time — a recent study analyzing global real-time, account-to-account payment volumes and forecasts across 30 global markets — projects a

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