The Fintech Times

DECEMBER 23, 2024

The Administrative Council for Economic Defense (CADE) and the Central Bank of Brazil (BCB) have officially approved PayRetailers , the payments processor in Latin America and Africa, to acquire Transfeera , a fintech focused on payment solutions for businesses.

Central Bank 59

Central Bank Best Practices Risk Management Payments Institute 59

The Fintech Times

FEBRUARY 18, 2025

Tribe Payments , the digital payments and infrastructure orchestrator specialising in issuer and acquirer processing, has become the latest fintech to join the Singapore FinTech Association. We believe that Tribes innovation with its modular issuer and acquirer processing solutions will thrive in the region through Singapore.”

APACS 59

APACS FinTech Issuers Best Practices 59

EBizCharge

DECEMBER 3, 2024

The payment settlement process involves various intermediaries, including the card issuer, the acquiring bank, and the payment processor. Acquirer (merchant’s bank): The financial institution that processes credit card payments on behalf of the merchant. This makes settlement a crucial step in maintaining business liquidity.

Credit Cards 52

Credit Cards Settlement Finance Issuers 52

Stax

NOVEMBER 21, 2024

It also ensures that data security best practices, particularly PCI DSS (Payment Card Industry Data Security Standards) requirements , are followed to the letter to prevent any breach or loss of sensitive customer data. Below are a few best practices that can help keep your in-house digital systems as secure as possible.

Credit Cards 88

Credit Cards Small Business Process Credit Card Payment Processing 88

Fintech News

MAY 13, 2024

billion bid to acquire the remaining 11.56% of Great Eastern Holdings Limited it does not own. We have moved intentionally to build up a strong wealth management franchise by hiring the best people and instituting best practices and processes, and raising our investment in Great Eastern.”

Best Practices 104

Best Practices Advisors Legal Acquirers 104

Stax

APRIL 17, 2025

Implementation and Best Practices for Using a POS System Successful POS system implementation goes beyond software installation. It requires proper planning and application of best practices to get the most out of the system. The POS system connects with the payment processor to complete these transactions securely.

Online and Mobile Banking 88

Online and Mobile Banking CRM Point-of-Sale (POS) Debit Card 88

Fi911

JANUARY 30, 2025

Cost savings: By reducing the number of abandoned carts, businesses can save on marketing and advertising costs, as well as the cost of acquiring new customers. Avoid asking for unnecessary information or creating lengthy forms that may deter customers from completing their purchase.

Addressing 60

Addressing Best Practices Returns Process 60

Fintech Finance

JUNE 26, 2024

The PA EU is an extension of its London-based sister organisation, The Payments Association (TPA), which has 150 members from various areas of the payments industry, such as payment schemes, banks, issuers, merchant acquirers, PSPs, and retailers. This membership will enable payabl.

Continuity 98

Continuity Best Practices Payments Issuers 98

PYMNTS

FEBRUARY 9, 2017

In an effort to capture a younger audience of travelers, Priceline has announced it will acquire Momondo Group for $550 million. We’re looking forward to learning from them and sharing best practices as our brands expand globally.”. The deal is set to close later in 2017.

Acquirers 46

Acquirers Best Practices Product Consumer 46

Fintech Finance

MAY 23, 2024

According to Jutgla, the company from Santa Catarina stands out as a technological and innovative powerhouse in the local scene, in addition to being aligned with the industry’s best practices as an entity supervised by the Central Bank.

Acquirers 59

Acquirers Central Bank Payments Institute Best Practices 59

Fintech News

AUGUST 6, 2024

Last month, Allianz had announced plans to acquire a 51% stake in Singapore’s Income Insurance in a deal valued at approximately SG$ 2.2 Chee Hong Tat Minister Chee concluded, “MAS encourages all insurers, both local and foreign, to continually innovate, adopt best practices and ensure robust risk management.

Consumer Protection 106

Consumer Protection Consumer Risk Management Best Practices 106

Stax

JANUARY 23, 2025

How Merchant Underwriting Works The merchant underwriting process typically follows a few steps carried out by the payment facilitators or acquiring bank to develop an underwriting risk profile. They focus on a variety of key factors and it generally takes at least a few days.

Underwriting 68

Underwriting PCI DSS Money Laundering Processors 68

Fintech News

JUNE 20, 2024

For instance, Nexi, the pan-European acquirer serving two million merchants, launched a project in 2021 to integrate machine learning into its infrastructure, enhancing its risk management, marketing, and operations. The rise of Genereative AI in payments is transforming the sector significantly.

Use Case 122

Use Case AI Multi-Currency Payments 122

Fi911

MAY 7, 2024

Alternatively known as the MATCH List, seeks to safeguard banks from extending acquiring services to high-risk enterprises. Acquirers and processors within the Mastercard network routinely consult the TMF or MATCH List prior to onboarding a new merchant. This blacklist is maintained by Mastercard.

PCI DSS 95

PCI DSS Processors Compromise Identity Theft 95

The Finance Weekly

NOVEMBER 20, 2022

Finance directors in the past may have been persuaded to purchase software by clever advertising efforts or information they acquired at a CFO conference on the other side of the globe. CFOs are no longer turning to the same old sources of inspiration when looking for quick solutions to workplace challenges.

Finance 130

Finance Best Practices Professional Development Accounts 130

The Finance Weekly

FEBRUARY 22, 2023

Fortunately, there are established best practices and tools that even the smallest company can utilize to manage their finances effectively from day one. Stage 2 In Stage 2, the emphasis is on acquiring the essential abilities to foster growth rather than simply sustaining it.

Finance 130

Finance Best Practices Accounts Advisors 130

Fi911

JULY 8, 2024

Acquiring banks have a vested interest in helping their merchant clients stop eCommerce fraud, as it directly impacts the financial stability and reputation of both parties. By assisting merchants in implementing effective fraud prevention measures, acquiring banks can reduce potential losses and enhance trust in the payment ecosystem.

Account Takeovers 97

Account Takeovers Fraud Detection Phishing Fraud Prevention 97

Clearly Payments

SEPTEMBER 18, 2024

Filing Representments: The chargeback team must then submit compelling evidence to the acquiring bank or card network to counter the chargeback and recover the revenue. Best Practices for Managing a Chargeback Team Managing a chargeback team requires a combination of good planning, efficient processes, and continuous improvement.

Disputes 105

Disputes Fraud Prevention Payments Credit Cards 105

Fintech News

FEBRUARY 6, 2024

Sumsub equips industry professionals with the necessary tools to stay ahead by providing access to the latest best practices in transaction monitoring. – Recognition of Achievement: A certificate of completion will be provided to showcase the participants’ newly acquired expertise.

White Collar Crime 101

White Collar Crime Crime Suspicious Activity Report (SAR) Financial Crimes 101

PYMNTS

JANUARY 28, 2021

For FIs that want to acquire new customers digitally, first and foremost they need to have an account opening/onboarding process that is quick and seamless. Much of this is caused by criminals sensing opportunity. It’s on banks to deter them. Fortunately, the general population is getting savvier about cyber scams.

Federal Trade Commission 97

Federal Trade Commission Scams Account Takeovers Fincen 97

Fi911

DECEMBER 5, 2023

Many acquirers often find it more economically viable to close accounts of high-risk merchants rather than address ongoing chargeback issues. This list functions as an industry-wide risk indicator used by acquirers to identify and avoid merchants with a history of high chargebacks and disputes. appeared first on fi911blog.

Visa 97

Visa Disputes Non-Bank Risk 97

Stax

DECEMBER 20, 2023

TL;DR Merchant underwriting is the risk level assessment process an acquiring bank carries out on every new merchant before they grant them a merchant account. In simple terms, merchant underwriting is the risk level assessment process an acquiring bank carries out on every new merchant before they grant them a merchant account.

Underwriting 88

Underwriting Process Payment APIs and Integration Enrollments 88

Stax

AUGUST 22, 2024

It can also help to teach them about best practices they can follow to prevent fraudulent transactions. Best Practices for PayFacs Implementing an effective risk management framework can help you minimize the impact of potential threats, ensure business continuity, and recover quickly in the face of adversity.

Risk Management 88

Risk Management Risk Regulatory Compliance Due Diligence 88

PYMNTS

MAY 24, 2019

Microsoft , for one, recently made a major move by acquiring Express Logic , a California-based company that develops operating systems for microcontrollers, which are key components of many IoT devices. The problem, as it turned out, was excessive foaming during the bottling, which caused the beer to overflow. billion IoT devices globally.

Data Breach 75

Data Breach Government Governance Best Practices 75

Stax

JANUARY 15, 2024

PCI DSS compliance, a global framework, mandates specific requirements and best practices for maintaining credit card data security. Interchange fees are fees your bank (acquirer) pays to the cardholder’s bank (issuer) in a credit card transaction. Consumers pay more for the convenience. Interchange fee management.

Credit Cards 88

Credit Cards PCI DSS Compliance Process 88

The Finance Weekly

DECEMBER 30, 2021

To prevent harm to your network and mitigate risk, consider requiring multi factor authentication to access company data, encrypting email, securing email attachments, and implementing other best practices. Business Stabilization.

Technology 130

Technology MSPS Small Business Data Security 130

PYMNTS

JUNE 20, 2017

In 2014 Greene was then named managing director for Epyx, a service and repair company acquired by FLEETCOR in 2013. In a more recent deal, FLEETCOR announced earlier this year that it reached a deal to acquire Cambridge Global Payments for $675 million.

Best Practices 46

Best Practices Credit Cards Acquirers Product 46

Stax

AUGUST 29, 2024

The provider works behind the scenes with acquiring banks, card networks, issuing banks, and other financial institutions to ensure the seamless transfer of funds between buyers and merchants. The acquiring bank will check with the customer’s issuing bank to confirm that the customer holds sufficient funds to complete the transaction.

Payment Service Provider (PSP) 88

Payment Service Provider (PSP) Service Provider Payment Gateways Online and Mobile Banking 88

PYMNTS

APRIL 6, 2017

Our model gives us access to some of the best talent in the world, meaning that we can add real value by exposing entrepreneurs to the best practices in each domain,” said Yoram Snir, partner at 83North in Tel Aviv.

Best Practices 49

Best Practices Acquirers Origination Continuity 49

PYMNTS

SEPTEMBER 20, 2016

Best practices, Burkhart says, are not only giving consumers the ability to first sample and later adopt a service in order to get comfortable with it, but they should also very easily be able to unhinge themselves and cancel if they no longer find value. Burkhart says it’s almost like pruning a bonsai tree.

Credit Cards 72

Credit Cards Push-to-Card Acquirers Best Practices 72

FICO

SEPTEMBER 13, 2021

Consumer habits have shifted to online shopping for goods and services and the impact for merchant acquirers is the need for faster onboarding of new merchants and effective ongoing monitoring to minimise fraud and compliance risk. For acquirers, providing a frictionless onboarding experience for their merchant customers is essential.

Risk 52

Risk Micro-Entry Underwriting Acquirers 52

PYMNTS

OCTOBER 16, 2018

Innovation within the financial sector is also part of the plan in the Bank of Lithuania’s strategic roadmap for the years 2017 to 2020.

FinTech 75

FinTech Cross-Border Regulations Cryptocurrency 75

PYMNTS

SEPTEMBER 28, 2016

27) it inked a deal to acquire RallyMe, a platform for sports fundraising. ” According to SportsEngine, the acquisition of RallyMe will result in the company offering a product for fundraising combined with best practices, playbooks and support for youth and amateur sport organizations, athletes and national governing bodies.

Best Practices 55

Best Practices Participant Government Governance 55

PYMNTS

OCTOBER 5, 2020

Retailers must protect customers’ card data from hackers who try to snatch payment details, and following best practices to ensure security requires adhering to the regulations established by the PCI SSC, a global payments industry forum.

Data Breach 82

Data Breach Breach PCI DSS Compliance 82

FICO

MARCH 20, 2018

We believe it is by applying specific best practices that build relationships with customers that will extend far beyond the terms of their auto loan. You have just acquired this customer via their purchase of a new vehicle. So how can banks transform these investments into a sustainable return for their business?

Finance 40

Finance Best Practices Acquirers Credit Cards 40

Nanonets

SEPTEMBER 23, 2023

In this guide, we will explore the  requisition process  and its role in accounting, as well as discuss best practices for managing and optimizing the process. A  requisition order  is a formal request made by an individual or a department within an organization to acquire goods or services.

Process 52

Process Best Practices Compliance Procedures 52

PYMNTS

JUNE 28, 2016

But Mike Gardner, CEO of Agreement Express, an automated onboarding technology firm, says the merchant acquiring industry is like a round of Pac-Man, where gobbling up merchants is the name of the game. Partnership with an existing platform, he emphasizes, can be likened to industry best practices. contact-form-7].

Acquirers 40

Acquirers Agreements Underwriting Best Practices 40