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Fintech Rundown: A Rapid Review of Weekly News

Finovate

Stripe teams up with Amazon to power payments for Just Walk Out technology in Australia and Canada. MENA-based payment gateway provider HyperPay inks a collaboration with Capital Bank. Lending Desjardins partners with cloud banking firm nCino to leverage its Automated Spreading Solution to enhance lending.

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Best 2022 Guide to Credit Card Processing for Nonprofits

BNG Payments

A third-party processor is a provider that allows a business to accept payments without opening its own merchant account. This triggers the payment processor to send the transaction through a payment gateway which verifies the validity of the card and checks if the donor is a human (not a robot) and the card is not fraudulent.

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Fiserv Acquires Dovetail Group To Reinvent Payments Infrastructure Worldwide

PYMNTS

the acquisition will help Fiserv advance its PEP+ ACH processing solution. It will also boost a comprehensive real-time payments offering with integration into the NOWSM Network for payments and transfers, the Turnkey Service for Zelle and The Clearing House Real-Time Payments scheme. In the U.S.,

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How to Find the Best SaaS Billing Platform: A Complete Guide

Stax

But if you’re a B2B solution, there’s a high likelihood that businesses will be interested in being able to accept customer payments, rather than just sending them a PayPal link or to a generic payment gateway. How do you add payment processing capabilities to your software?

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Payments Processing Deals Show Banks' Bid For 'End To End' Cash Visibility

PYMNTS

And in another bit of anecdotal evidence that payments processing is in the crosshairs of financial institutions (FIs) large and small, earlier this year , Texas-based Vantage Bank Texas said it deployed CGI All Payments as part of the community bank’s digital transformation.

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A Primer on Simple Mobile Payments for Small Business: What Merchants Need to Know

Stax

This is because a customer’s payment information isn’t passed along in plain numbers. This token is transmitted via NFC to your payment gateway attached to your POS system. The business’ payment gateway then passes that token off to the payment processor in real time—never handling the customer’s card information at all.

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What Is an ACH Payment Facilitator?

Stax

This enables business owners to accept payments directly through their SaaS platform without needing a Merchant ID (MID)—as is the case with traditional merchant account providers. Instead, the PayFac uses its master merchant account to facilitate payments for its sub-merchant accounts.

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