PYMNTS

FEBRUARY 2, 2021

This week's look at the latest in open banking and bank-FinTech collaboration finds financial institutions (FIs) exploring both partnerships and acquisitions to strengthen their offerings for corporates, while third-party service providers have also boosted their data-sharing capabilities to empower those financial service provider tie-ups.

Lockbox 57

Lockbox FinTech Treasury Management Payment APIs and Integration 57

PayHawk

APRIL 18, 2023

In this reference guide, we’ll provide you with a list of the most common terms used by merchant service providers to help you (the merchant) decipher this financial jargon. A Acquirer The financial institution that processes payments on behalf of merchants.

Process 52

Process Card Issuer Online and Mobile Banking Issuers 52

PYMNTS

DECEMBER 12, 2018

” It’s why holistic service providers in the B2B payments space must include support for paper checks, as clunky as the rail may be. In the least, a third-party service provider can reduce the friction of checks by taking on the printing and mailing for its clients, cutting down on cost and wasted time.

Commercial Card 56

Commercial Card ACH B2B Checks 56

PYMNTS

JUNE 3, 2020

There is a similar shift occurring in another area of financial services, says Stuart Hall from PayRun.io, which was recently acquired by U.K.-based FinTechs , on the other hand, have leapfrogged over legacy technologies to form digital-native companies. based Payescape. ” Particularly in the U.K.

Payroll 52

Payroll Faster Payments API Payment APIs and Integration 52

Payment Savvy

FEBRUARY 6, 2023

ISOs can offer companies payment processing services as they are partnered with acquiring member banks or payment processors. Essentially, Independent Sales Organizations take the role of middle-man between acquiring banks and merchants, taking on the responsibilities of connecting merchandisers with banks or other payment processors.

ISOs 52

ISOs MSPS Processors Facilitators 52

Stax

AUGUST 22, 2024

Cyberattacks, human errors, third-party service provider failures, and system disruptions all come under operations risk. Building a strong relationship with stakeholders Look into developing collaborative relationships with acquiring banks and payment networks.

Risk Management 88

Risk Management Risk Regulatory Compliance Due Diligence 88

Ikajo

FEBRUARY 24, 2022

In this way, a merchant gets access to accounts he opens for connection with different service providers through one platform. Using POP, he does not need to develop such accounts and support their technical integration, so it will no longer be necessary to involve third-party service providers.

Payment APIs and Integration 52

Payment APIs and Integration Payments Gateways On-Demand 52

Basis Theory

OCTOBER 1, 2024

Third-Party Service Provider ( TPSP or "service provider") refers to an entity other than the Merchant, Acquirer, or Issuer involved in storing, processing, or transmitting card data. These could include processors, gateways, and tokenization platforms like Basis Theory.

PCI DSS 88

PCI DSS Compliance Encryption Assessments 88

PYMNTS

JANUARY 17, 2020

Plaid’s API provides a powerful and popular tool by which third-party service providers can gain easy access to a consumer’s bank account — which has all kinds of applicable potential for the card network. In terms of mechanics, the acquisition — which involves a cash payment of $4.9

Payment APIs and Integration 52

Payment APIs and Integration Instant Payments Payments Settlement 52

PYMNTS

MARCH 7, 2019

Walmart officials say they are reassessing terms of contracts with third-party service providers, with an eye toward handling more deliveries in-house and converting part of its inbound highway freight to lower-cost rail shipping. 8 , which is the incubation unit it rolled out in 2017.

Consumer 40

Consumer Product Third-Party Service Provider Process 40