Tue.Dec 26, 2023

article thumbnail

Meeting PCI Requirements for Encryption

Basis Theory

The Payments Card Industry Data Security Standard (PCI DSS) outlines hundreds of requirements for storing, processing, and transmitting cardholder data. Any business that accepts payments from any of the major card networks must comply with this standard.

PCI DSS 88
article thumbnail

How Reducing Your DSO Can Solve Cash Flow Woes

Paystand

DSO measures the time it takes to receive revenue. A low DSO indicates prompt payments, and a high DSO suggests payment delays. Understanding DSO and comparing it to industry benchmarks is vital for financial decisions.

article thumbnail

Editor’s Picks: Top AI features of 2023

Bank Automation

Each month, the Bank Automation News editorial team does a deep dive into topics relevant to the banking industry and, this year, AI dominated the headlines. From AI-driven credit decisioning to implementation and generative AI, FI executives shared how the technology is changing the industry.

AI 80
article thumbnail

Em Conversa: Investing in Early-Stage B2B Founders in Brazil With NXTP

The Fintech Times

Em Conversa uncovers the secrets in Latin America (LatAm) that have caused the fintech market to boom, from being worth less than US$50million in 2016, to US$2.1billion in 2022. In November 2023, NXTP , the early-stage B2B venture investor in Latin America, announced the closing of its third and largest fund, NXTP III. With $98million in commitments, the fund focuses on partnering with the most promising technology founders in Latin America.

B2B 64
article thumbnail

eCommerce in 2025: How Customer Experience Drives Online Retail Success

Speaker: Jennifer Wright and Nick Barron

2025 is right around the corner, and with it comes a new wave of consumer expectations, competitive pressures, and operational challenges. Success lies in finding the balance between operational flexibility and creating experiences that keep customers coming back. The future of retail belongs to those who can stay ahead of shifting customer preferences and marketing trends. 🔮 In this session, we’ll dive deep into what it takes to keep customers engaged and your operations nimble, no matt

article thumbnail

Customer Retention vs. Acquisition: Where Should You Focus?

Chargebee

The battle of customer retention vs. acquisition is an old one. The truth is that both customer acquisition and customer retention are essential, regardless of which stage your company is in. Unfortunately, most companies focus much more on customer acquisition despite customer retention having a much higher ROI and being more cost-effective. Understanding the importance of customer retention and balancing retention and acquisition strategies separates great sales and marketing teams from medioc

52
article thumbnail

Enhancing Financial Inclusion With Alternative Data: A Path to Empowerment

The Fintech Times

Many individuals and small businesses grapple with a common challenge: limited access to traditional banking services. This underserved group encompasses those with minimal or no credit history, small businesses, and emerging demographics, including the youth and female populations. Dmitry Borodin, head of decision analytics at Creditinfo, discusses the importance of using alternative data to achieve fair and accessible finance for underserved populations, including those with little or no credi

More Trending

article thumbnail

New Account Fraud: Understanding the Tactics & Techniques of Scammers

Fraud.net

New account fraud is one of the biggest risks financial institutions face. Learn to spot the signs and take steps to protect your business.

article thumbnail

Customer Retention vs. Acquisition: Where Should You Focus?

Chargebee

The battle of customer retention vs. acquisition is an old one. The truth is that both customer acquisition and customer retention are essential, regardless of which stage your company is in. Unfortunately, most companies focus much more on customer acquisition despite customer retention having a much higher ROI and being more cost-effective. Understanding the importance of customer retention and balancing retention and acquisition strategies separates great sales and marketing teams from medioc

52
article thumbnail

For Merchants, How Does Buy Now, Pay Later Work?

Finextra

PayNet emerges as a pioneer in the rapidly expanding financial technology industry with its cutting-.

article thumbnail

6 Strategies for Customer Winback and Reduce Churn

Chargebee

Losing a customer isn’t the end of the line. It’s par for the course for every business on the planet — even those with powerful retention engines. But how they react to losing a customer separates very successful SaaS businesses from everyone else. Rather than pouring even more money into paid ads to acquire new customers, successful SaaS brands implement a comprehensive strategy for winning back clients.

article thumbnail

7 Essential Criteria for Choosing the Right Payments Partner

Speaker: Brad Pinneke, VP of Business Development at Payrix and Worldpay for Platforms

In this webinar, Brad Pinneke, Vice President of Business Development at Payrix and Worldpay for Platforms, will dive into the 7 must-have criteria for evaluating payments partners, helping you maximize both efficiency and the long-term value of your investment. From assessing technology capabilities to leveraging business development opportunities, this session will give you a clear, actionable strategy to select the right partner for scaling your business.

article thumbnail

Conquering In-app Subscription Management: A Guide for Subscription Businesses

Chargebee

In-app purchases have revolutionized the mobile app landscape, offering businesses and users a win-win. For businesses, it’s a powerful growth engine, unlocking new revenue streams, boosting user engagement, and enabling monetization of free apps. On the other hand, users enjoy personalized experiences and have quick access to products and services.

Product 52