In a move set to revolutionize payment transparency, Triple, leading provider of transaction enrichment, announced a strategic partnership with Transact Payments, renowned experts in payment and card solutions. This collaboration will enable financial institutions to gain greater clarity in their transaction data, leading to improved decision-making and a more seamless customer experience.
Mastercard's AN 4569 is a new regulation that requires displaying more detailed merchant information during transactions. This includes the merchant's brand name, logo, location, and contact details.
Data enrichment solutions, like our platform, offer a precise and efficient way to process transaction data, ensuring integrity and accuracy. Our API extracts valuable information, including brand representation, contact details, transaction categorization, and even carbon footprint assessment.
As we step into 2024, the financial sector is brimming with transformative regulatory changes, impacting the realms of electronic payments, cryptocurrency, buy-now pay-later schemes, and enriched merchant data standards.
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