Author: Vellis Team

Open banking is a financial model where banks securely share customer data with approved third-party providers through APIs (application programming interfaces). This setup gives consumers more control over their financial information, while encouraging greater transparency and innovation across the industry.

Security is of the essence. 3D Secure 2.0 is a modern authentication protocol designed to enhance the safety and convenience of online payments. It builds on the original 3D Secure system by improving security while also reducing the friction that used to frustrate customers during checkout.

When it comes to protecting sensitive data, especially in industries like finance and healthcare, two key techniques often come into play: tokenization and encryption. Both serve the same core purpose, keeping information secure, but they work in very different ways.

Put in plain words, payment infrastructure refers to the behind-the-scenes systems, tools, and networks that make it possible to send and receive money, whether online, in-store, or across borders. It includes everything from card processing and bank transfers to digital wallets and real-time payment rails.

We use digital payments every day: swiping a card, sending money through an app, or paying a bill online. But have you ever wondered what makes these transactions work so seamlessly behind the scenes? The answer lies in payment schemes. Payment schemes are the backbone of modern finance. They’re the invisible structures that allow banks,…

International financial institutions across borders rely heavily on interbank relationships to move money securely and efficiently. Two key terms that often come up in this cross-border context are Nostro and Vostro accounts, both of which play a foundational role in global finance.

Cross-border payments is now the backbone of international commerce, freelance platforms, SaaS businesses, and global supply chains. The need for fast, cost-efficient, and secure money movement have become vital.

Running a dental practice requires responsible handling of sensitive patient information. That’s why HIPAA compliance is an ethical obligation for all dental offices. Understanding the rules surrounding HIPAA compliance for dental offices can protect your practice from fines, lawsuits, and reputational harm.

Running a successful dental practice today means providing excellent care and staying on top of business operations at the same time. This is why having the right dental payment processing provider can be a game-changer.

Running a dental practice requires providing exceptional patient care and handling the business efficiently at the same time. This means finding ways to make time-consuming and frustrating tasks easier, like billing.