PYMNTS

JANUARY 30, 2018

CEO Mark Bishopp said it will be a “year of getting the word out” through tour stops, virtual CEO talks, and collaborations with some of the biggest names in acquiring and business sponsorship. The new products include a full-service underwriting management system and instant payout for rideshare and similar businesses.

Underwriting 46

Underwriting Acquirers Business Day Facilitators 46

Stax

APRIL 30, 2024

TL;DR Merchant processing ensures that all entities, such as the issuing bank, the acquiring bank, and the card company, work cohesively to facilitate payments between a customer and a business. In order to receive card-based payments, businesses need to have a merchant account. No lease or hidden fees for acquiring hardware.

Process 88

Process Online and Mobile Banking PCI DSS Debit Card 88

The Fintech Times

SEPTEMBER 10, 2024

a European financial services provider, has launched a cloud-based, API-first platform designed to streamline businesses’ day-to-day payment operations. ’s Payment Accounts solution offers multi-currency support, enabling businesses to manage EUR, USD, GBP and other currencies seamlessly.

Cross-Border 59

Cross-Border Transactions Accounts Multi-Currency 59

PYMNTS

SEPTEMBER 13, 2018

The company is offering two to five business-day delivery and standard six to 10 business days. Customers will also be able to talk with Souq’s customer service team in English or Arabic.

SARS 44

SARS Business Day Credit Cards Product 44

The Payments Association

OCTOBER 23, 2024

Enhanced reconciliation requirements Under the interim-state rules, payment firms must perform internal and external reconciliations of relevant funds at least once each business day to ensure they are safeguarding the required amount of funds. What does this mean for Payments firms? What does this mean for payments firms?

Rules 88

Rules Payments Institute Authorization Reconciliation 88

PYMNTS

MARCH 20, 2018

Walmart-based FedEx Office locations will also offer customers the option of having their packages held in-store for as many as five business days as a defense against porch pirates snapping up inventory from customers’ homes while they’re away. Retailers are looking at all the tools at their disposal,” Philips said.

Business Day 56

Business Day Acquirers Consumer Product 56

PYMNTS

JULY 27, 2020

Those whose current transactions typically settle in four or more business days showed the highest interest levels, with 63 percent being “very” or “extremely” interested in real-time payouts. SMBs that reported the slowest settlement times were also the most interested in real-time capabilities. The Road Ahead. For now, the many U.S.

Real Time Payments 93

Real Time Payments Settlement Point-of-Sale (POS) Payments 93

PYMNTS

AUGUST 12, 2020

Nine out of 10 surveyed Main Street SMBs would consider using real-time settlement capabilities if available, and four out of 10 surveyed Main Street SMBs say they would be “very” or “extremely” interested in switching to point-of-sale (POS) providers or acquirers that offer that capability.

Settlement 73

Settlement Acquirers Point-of-Sale (POS) Push-to-Card 73

PYMNTS

OCTOBER 3, 2019

Grab must comply and come up with a plan within 30 business days, Iskandar said. The ruling stunned Grab, which told Reuters it was “common practice for businesses to decide upon the availability and type of third-party advertising on their respective platforms, tailored according to consumers’ needs and feedback.”. “We

NOV 47

NOV Rules Laws Business Day 47

The Fintech Times

MARCH 7, 2024

Once again, The Fintech Times returned to bring you some of the highlights from a busy day one at MoneyLive. Clear communication was the top thing prioritised by the panellists as both Bayley and Pilling agreed poor interactions should indicate a new acquirer is needed.

AI 64

AI Returns Non-Bank Due Diligence 64

PYMNTS

MAY 14, 2018

He noted that over time, the online bank will position the company to further innovate, acquire new customers and expand its offering of digital capabilities. “We Citizens said that in “most cases,” applicants are informed of a decision the same business day and receive funds within three business days.

Consumer 40

Consumer FDIC Business Day Acquirers 40

Payment Savvy

JULY 3, 2024

This information is then sent securely to the acquiring bank. The acquiring bank, which processes payments on behalf of the merchant, receives the transaction data and forwards it to the relevant card network (such as Visa or Mastercard). These details include the card number, transaction amount, and merchant identification.

Debit Card 52

Debit Card Process PCI DSS Processors 52

Evolve Payment

SEPTEMBER 9, 2024

Strategic Merchant Processing Builds Buyer Confidence Buyers want to acquire profitable businesses, which the industry calls “Turn-Key.” A well-structured business that reduces costs and maximizes cash flow adds a layer of transparency and reliability to your business.

Process 95

Process Audit Accounts Returns 95

PayHawk

APRIL 18, 2023

A Acquirer The financial institution that processes payments on behalf of merchants. Batch A group of transactions that are processed together at the end of a business day. Clearing The process of exchanging payment information between the card issuer and the acquirer to settle a transaction.

Process 52

Process Card Issuer Online and Mobile Banking Issuers 52

PYMNTS

MARCH 20, 2017

People familiar with the matter disclosed that MoneyGram has also offered to share confidential company data with Euronet, following Euronet’s $1 billion bid to acquire the company, in order to help Euronet strengthen its offer. MoneyGram faces a $30 million termination fee if it abandons the deal for another bid.

Due Diligence 40

Due Diligence Agreements Business Day Acquirers 40

PYMNTS

SEPTEMBER 11, 2018

. “Today’s business owners rely on their sales to help pay for their expenses and keep the lights on,” said Paysafe CEO of Payment Processing for North America Todd Linden in a statement. In separate Paysafe news, the company announced in April that it would acquire iPayment as it targeted the North American market.

Small Business 40

Small Business Push-to-Card Debit Card Business Day 40

Stax

DECEMBER 27, 2023

A merchant account acts as a pathway between your business, your customers, and the issuer and acquiring banks to process electronic transactions like credit cards. When a transaction takes place, the payment arrives first in the merchant account before being transferred to the business owner’s business checking account.

Accounts 88

Accounts Online and Mobile Banking Payment Gateways PCI DSS 88

CB Insights

FEBRUARY 13, 2020

Stripe’s early success in acquiring customers was largely due to its mass appeal to the developer community. The company was ultimately acquired by PayPal in 2013, and now represents a sizable chunk of its merchant business. Stripe Capital is a flexible small business loan available to existing Stripe users.

Payment APIs and Integration 98

Payment APIs and Integration Online and Mobile Banking Payments Push-to-Card 98

PYMNTS

JUNE 22, 2020

Restaurants have opportunities to distinguish themselves here: 45 percent of consumers report being more inclined to visit those that respond to negative reviews, meaning quick feedback could be the difference between acquiring new customers and losing the chance forever. Timely responses are easier for some companies than others, however.

Addressing 62

Addressing Research Consumer Assessments 62

PYMNTS

MAY 3, 2019

In response, traditional financial institutions (FIs) have recognized these pain points and worked to address them for SMB clients, either through collaborating with these FinTech firms, acquiring their technologies or investing in proprietary product development.

Global Payments 60

Global Payments Cross-Border Payments Cross-Border Small Business 60

Payment Savvy

NOVEMBER 3, 2020

Many merchant accounts receive approvals the same or next day, but higher risk businesses can expect a lengthier review time. Somewhere between 2-5 business days is typical in this scenario. Acquiring banks follow certain criteria to decide if a particular merchant account application is approved.

Accounts 52

Accounts Processors Debit Card Assessments 52

FICO

OCTOBER 16, 2018

Generation Z expects nothing less than on-command, transparent and seamless processes when it comes to acquiring virtually any product or service. Conventional wisdom might suggest that the bank take all the work off the consumer’s shoulders and get back to them in 5-7 business days.

Accounts 40

Accounts Online and Mobile Banking Process Origination 40

PYMNTS

JUNE 9, 2017

Companies need to partner with acquiring banks and a host of other vendors in the region, in addition to setting up a treasury operation for managing risk and keeping the business afloat. Entering a new market typically means setting up entirely new payout infrastructure.

Cross-Border 46

Cross-Border Cross-Border Payments Wire Transfer Venmo 46

PYMNTS

AUGUST 10, 2020

It also limits the growth possibilities of microbusinesses that need funds to acquire new clients and to invest in their operations. . The lack of access to instant payments not only goes against consumers’ preferences but jeopardizes the livelihoods of those who are living paycheck to paycheck.

Payee 91

Payee Instant Payments Point-of-Sale (POS) Debit Card 91

BNG Payments

FEBRUARY 4, 2022

A secure transaction is complete within a matter of seconds (depending on WiFi speed or wireless coverage) because a wireless terminal communicates between the business, the payment processor, cardholder issuing bank, and the business’ acquiring bank. Additionally, this type of technology results in faster processing times.

Credit Card Payment Processing 52

Credit Card Payment Processing Credit Cards Process Online and Mobile Banking 52

My Payment Savvy

APRIL 8, 2025

If the payment was made after 7 PM on a weekday, on a public holiday, or on the weekend, it will only be processed on the next business day. The best way to avoid this is to make payments as early as possible and on business days so they have time to process before the financial institutions close for the day.

Venmo 40

Venmo PayPal Transactions Accounts 40

PYMNTS

SEPTEMBER 6, 2016

Which makes PayPal’s tactic back in the day a whole lot more sensible. stocks, has been acquired by Satoshi Citadel Industries (SCI), and the app has been relaunched. Fast forward to now, and SCI has convinced Keza that it would be a great partner in the company’s vision to build a bitcoin ecosystem and has acquired Keza.

Bitcoin 43

Bitcoin Central Bank Cryptocurrency Economy 43

PYMNTS

JANUARY 6, 2020

And gave them the courage to explore new, otherwise unimaginable ways for people and businesses to connect, along with dynamic business models to monetize those interactions. We’ll watch competitors become partners in some cases and, in others, watch partners become competitors.

Economy 70

Economy Innovation Consumer Interoperability 70

CB Insights

MARCH 27, 2018

“48-hour stock change” and “peak post-announcement price” are based on high/low stock prices for each company the business day of and the business day following its announcement. Companies are arranged in descending order of market cap (as of 03/16/18). . Longfin corp. 48-hr stock change: 1,717%.

Blockchain 48

Blockchain Cryptocurrency Bitcoin Accreditation 48

Nanonets

AUGUST 21, 2023

  Automated B2B payment processing helps businesses keep up with the volume of invoices and payments while reducing errors and increasing efficiency. It could lead to invoices being cleared on the next business day, which resulted in an unwanted delay in operations.

B2B 52

B2B Automation Payment APIs and Integration Payments 52

Fintech Labs Insights

OCTOBER 16, 2016

Cardtronics acquires DirectCash Payments. In a $460 million deal, Texas-based ATM operator Cardtronics has acquired Canada-based DirectCash Payments. As of September 30, a new rule from NACHA requires all banks to process incoming same-day ACH credits. Big handshakes. Ready, set, ACH.

EMV 17

EMV P2P Same Day ACH FinTech 17

Fintech Labs Insights

NOVEMBER 21, 2014

per card with a minimum order of 125 and are shipped in 3 business days. The card design can be one of 20 generic designs (see screenshot) or can be customized with any image uploaded by merchant (cost is the same, but minimum quantity rises to 500, and turnaround time is 15 business days, so almost too late for Holidays 2014).

Online and Mobile Banking 24

Online and Mobile Banking Business Day NOV ATM 24