Insights

CSG Forte Insights is a collection of industry news and perspectives to help navigate the payments landscape.

  • By Category
  • By Tag
Diverse friends shop together using tablet

Frequently Asked Questions About Payment Processing

The digital payments market is projected to reach $16.62 trillion by 2028. All businesses should be familiar with the basics of payment processing to remain agile in a competitive industry and ever-expanding landscape. We’ve answered some frequently asked questions (FAQ) about payments and their processing to help you get started. Payment Methods Understanding the terms and systems […]

Man at home paying bills online

ACH Fraud

The Automated Clearing House (ACH) is a network that clears funds moving from one bank account to another. When a payer transfers money via debit, credit card or EFT, the funds await authorization. Once clear, the ACH system moves the funds into the payee’s account. The National Automated Clearinghouse Association (Nacha) oversees this network in […]

Young African woman shops online from home

ACH vs. EFT

If you have a global presence, electronic payments are the most secure way of ensuring you receive payment for your products. An electronic funds transfer (EFT) is a blanket term for all funds transferred electronically between a bank or financial institution and an individual or merchant. Automated Clearing House (ACH) payments fall under this blanket […]

Advanced cyber security encryption

Payment Fraud

Payment fraud has become more prominent and more damaging as online transactions have grown in popularity. Cybercriminals are using advanced and evolving tactics to access payment information and avoid detection. It’s more important than ever for businesses to recognize the realities of payment fraud and implement prevention strategies. Understanding Payment Fraud Payment fraud is the […]

Young Indian couple shops together online

The Fastest Way to Transfer Money Between Banks

Many electronic transfer methods allow you to send money instantly with your checking account and routing numbers. Processing times and fees vary. The best transfer option for you hinges on how long you can wait for the money to clear, how much you’re willing to pay in fees and how much security matters to you. […]

Advanced cyber security encryption

Layering Login Security: The Power of Multifactor Authentication

It used to be that passwords were enough to protect your accounts. Those days are gone, and you can blame the ever-growing sophistication of cybercriminals. Organizations now need an extra layer of defense against unauthorized access and fraud. That’s where multifactor authentication comes in. It’s a good idea to require multifactor authentication in many of […]

GET IN TOUCH

Want to learn more about how CSG Forte can improve your payment processing?