Thu.May 02, 2024

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What Are Managed IT Services For Businesses? A Helpful Guide

VISTA InfoSec

In today’s fast-moving tech world, every business—big or small—needs an IT setup that’s not just robust but also smart enough to keep up with rapid changes and challenges. That’s where managed IT services come in. They do more than just prop up your tech; they turbocharge your business goals. Ever wonder how managed IT services slide into your overall business strategy?

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CCCA could save merchants and consumers over $16B a year

Payments Next

By Jeff Domansky, Managing Editor The Merchants Payments Coalition (MPC) has emphasized the urgent need for Congress to pass the Credit Card Competition Act (CCCA). With The post CCCA could save merchants and consumers over $16B a year first appeared on Payments NEXT.

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Global Payments to wrap review soon

Payments Dive

The payments processor plans to finish an assessment of operations in the next few months, aiming to streamline its business and pare units it can’t scale.

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Namibia signs on for India's UPI tech

Finextra

The Bank of Namibia has called in NPCI International Payments to help the southern African country develop an instant payments system based on India's hugely successful UPI.

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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

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Mastercard, Visa tap AI for fraud solutions

Bank Automation

Card giants Mastercard and Visa leaned into AI and generative AI for fraud detection in the first quarter. “We continue to enhance our solutions with generative AI to deliver even more value,” Chief Executive Michael Miebach said during Mastercard’s May 1 earnings call.

AI 124
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What is a Merchant Cash Advance and is MCA Right for You?

Stax

In an ideal world, every business would have enough cash flow to stay afloat in the short term and allow the owner to focus on long-term goals. But small business owners know this isn’t always the case. Small business loans exist to allow business owners to prop up their businesses in the short term and cover temporary cash flow gaps. Merchant cash advances are one of the available options.

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How Merchant Services Contracts Work in Payment Processing

Clearly Payments

Merchant services contracts for payment processing are complex. They are long and convoluted. Contracts are not standardized and there is no strict regulation on payment processing pricing so it is very difficult to compare payment processing offers. This is why it is so important to choose the right payments provider. This guide will help merchants understand these merchants services contracts, what to watch out for, and how pricing works.

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Introducing Fraud Files: FloQademy’s First-Ever CPE Eligible True Crime Podcast

FloQast

We’re big podcast fans here at FloQast. Given the analytical nature of our profession, it should come as no surprise that we’re also huge on true crime. So, today, we’re especially proud to announce our first-ever true crime podcast, Fraud Files: The Rise & Fall of Dawn J. Bennett , available on FloQademy. And the best part? You can earn CPE as you listen.

Crime 98
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An Inside Look at the Wise Expansion Across Asia Pacific

Fintech News

Wise has been making significant strides in the Asia Pacific region as it continues to revolutionise the way people and businesses move and manage money globally. With a strong presence in eight Asia Pacific markets, including Australia, New Zealand, Hong Kong, India, Indonesia, Japan, Singapore, and Malaysia, Wise is becoming known across the global cross-border payment landscape by offering transparent, fast, and cost-effective solutions.

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TransferGo partners with Tink for international money transfers

Finextra

TransferGo, the global fintech empowering a world on the move, has partnered with Tink, a market-leading payment services and data enrichment platform, to add Pay by Bank to its payments offering.

FinTech 84
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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.

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Finastra Leverages OpenFin to Offer Streamlined Treasury Experience

Fintech News

Finastra, a global financial software provider, has teamed up with OpenFin to enhance the user experience in treasury management systems. This partnership focuses on upgrading Finastra’s Kondor system , widely used by banks for treasury management. By incorporating OpenFin’s technology, Finastra aims to improve the functionality and efficiency of Kondor through better workspaces and streamlined workflows.

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Digital Token Identifier to monitor crypto-derivative risk across G20

Finextra

The Digital Token Identifier Foundation (DTIF) has announced that its Digital Token Identifier (DTI) will be deployed for the regulatory reporting of digital asset derivative trades across the G20.

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MoonPay Now Lets Users Buy & Sell Crypto funded by PayPal

PayPal

MoonPay’s integration with PayPal offers a seamless fiat-to-crypto experience for all PayPal users in the U.S.

PayPal 104
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ING launches 3 digital banking features in Q1

Bank Automation

ING Bank is improving its digital capabilities and offerings as it posted growing mobile banking adoption in the first quarter. The bank is prioritizing delivering “a superior customized digital experience that is personal, easy, relevant and instant,” Chief Executive Steven van Rijswijk said during the digital bank’s first-quarter earnings call today.

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Loyalty 101: How To Turn Browsers Into Buyers For Lasting Engagement

Speaker: Shaunna Bruton, Danielle Wyllie, and Kailey Holmes

Say goodbye to one-size-fits-all retail, and say hello to experiences that keep your customers coming back for more! Customer loyalty isn’t just earned - it’s cultivated through meaningful engagement with the help of data. This webinar will take you behind the scenes of how top retailers turn customer data into personalized experiences that drive engagement and retention.

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Payments processor BlueSnap reaches $10m settlement with FTC

Finextra

BlueSnap and its former CEO have settled with the Federal trade Commission (FTC) for knowingly processing payments for "deceptive and fraudulent" companies.

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Fils Joins Forces With TPS to Bring Sustainable and Climate-Conscious Infrastructure to Pakistan

The Fintech Times

Fils , the UAE-based digital infrastructure provider enabling companies to embed sustainability and climate action into their business models, has expanded to Pakistan via a new strategic partnership with TPS , a digital banking and payments solution provider. As climate change concerns grow, TPS and Fils have joined forces, in a move to enable businesses to embed sustainability throughout their operations.

TPS 69
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Checkout.com and Mastercard partner up to launch virtual cards for Online Travel Agents

Finextra

Digital payments provider Checkout.com has announced its partnership with payments giant Mastercard to provide Online Travel Agents with virtual cards.

Visa 80
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Blend Labs Raises $150 Million, Forges Strategic Partnership with Haveli Investments

Finovate

Cloud banking services provider Blend raised $150 million in new funding from PE firm Haveli Investments. The investment comes in the form of convertible preferred stock with a zero percent coupon. Blend Labs is an alumni of both FinovateSpring and our developers conference FinDEVr Silicon Valley, presenting at both events in 2016. Cloud banking services provider Blend has secured an investment of $150 million from technology-focused private equity firm Haveli Investments.

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Enhance Customer Value: Unleash Your Data’s Potential

The complexity of financial data, the need for real-time insight, and the demand for user-friendly visualizations can seem daunting when it comes to analytics - but there is an easier way. With Logi Symphony, we aim to turn these challenges into opportunities. Our platform empowers you to seamlessly integrate advanced data analytics, generative AI, data visualization, and pixel-perfect reporting into your applications, transforming raw data into actionable insights.

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Tide partners with Adyen in German market

Finextra

Tide has announced that it will offer business accounts in Germany, marking the beginning of the company's expansion into Europe.

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PSR Proposes Setting ‘High Bar’ for Extensions and Exemptions for Requirements for Financial Firms

The Fintech Times

The Payment Systems Regulator (PSR) is consulting on a new proposal on how it makes decisions on whether or not to grant extensions or exemptions to a specific direction or requirement. Specific directions and requirements are tools the PSR uses to require firms to implement changes which improve payments for people and businesses across the UK; such as the Confirmation of Payee name checking service, and authorised push payment (APP) fraud reimbursement measures.

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Orum launches No Code Verify tech for FedNow payments

Finextra

Orum, the simplest API for fast, reliable payments, today announced the launch of No Code Verify, which helps businesses and institutions determine whether a bank account is open and valid before initiating payments — all without integrating an API.

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Visa Highlights Programmes Supporting UAE Startups as Region Blossoms Amid Tough Economic Situations

The Fintech Times

“The UAE has witnessed a surge in investments in this [fintech] sector, despite the global investment decline in financial technology”, said Hasan Kazmi , head of digital partnerships for Visa , as the payments giant affirms the UAE’s position in the fintech world. Kazmi highlighted the Visa three-year partnership with the Dubai FinTech Summit as a way the company is supporting and advancing fintech in the region.

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Top Strategies to Future-Proof & Sustain Your Merchant Services Portfolio

Build a sustainable merchant services portfolio with practical strategies to ensure long-term success. Diversify across industries to spread risk and stabilize income, balancing high-risk and low-risk clients for a robust mix. Combine large and small merchants to create a resilient payment portfolio, leveraging each type's strengths. Foster long-term relationships through exceptional service and personalized support.

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Exploring Cross-Border Payments in Emerging Markets: Evolution, Challenges & Solutions

Finextra

Join FinextraTV in conversation with Emily Corfield, EMEA Head of Financial Institution Sales at StoneX, as we explore the current landscape of cross-border payments in emerging markets such as LATAM, Africa, and Asia at NextGen Nordics 2024. Gain insights into progress made in solving real-time cross-border payment issues, navigating complexities in processing receivables and payments, and discover how emerging markets offer both challenges and opportunities for innovation and growth in the pay

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Equals Money Reveals Areas Financial Leaders Do Not Want AI Automation

The Fintech Times

At The Fintech Times , we have discussed whether the hype around artificial intelligence (AI) is justified or not. Supporting the case that it definitely is, paytech Equals Money has published research revealing that 95 per cent of financial leaders are using, or considering using AI in their processes. When it comes to experimentation, the research found that 77 per cent 400 UK financial decision-makers are actively testing the technology.

AI 59
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Icon moves to support domestic instant payments in Switzerland

Finextra

Icon Solutions today announces that it has developed and launched a new SIC5 scheme pack for its Icon Payments Framework (IPF) – the payments solution putting global banks in control – to accelerate support for domestic instant payments in Switzerland.

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NetSuite Best Practices: Expert Tips to Maximize Your Investment

Paystand

In today's digital era, choosing a payment solution that seamlessly integrates with NetSuite is crucial. Optimizing financial operations, streamlining processes, and integrating with essential financial workflows like NetSuite invoicing and automated cash application are top priorities in NetSuite best practices. Selecting the right payment solution plays a vital role in achieving these goals.

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Deliver Mission Critical Insights in Real Time with Data & Analytics

In the fast-moving manufacturing sector, delivering mission-critical data insights to empower your end users or customers can be a challenge. Traditional BI tools can be cumbersome and difficult to integrate - but it doesn't have to be this way. Logi Symphony offers a powerful and user-friendly solution, allowing you to seamlessly embed self-service analytics, generative AI, data visualization, and pixel-perfect reporting directly into your applications.

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Finxact and Zafin form core banking partnership

Finextra

Finxact, a Fiserv Company and leading provider of the next-gen core banking platform to the U.S. regional and super-regional banking sector, and Zafin, a leading provider of SaaS core modernization and transformation solutions for banks, are revolutionizing how financial institutions approach core transformation projects.

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Worldpay Launches Tap to Pay on iPhone Making Payments Even Easier

Fintech Finance

Payment facilitators working with the Worldpay ® PayFac suite of services to operate their payments services can now enable Tap to Pay on iPhone for their merchants. Two PayFac partners, Fullsteam and Autobooks, have launched the new service from Worldpay, which allows their merchants to use an iPhone to securely accept contactless payments including contactless credit and debit cards, Apple Pay and other digital wallets—no additional hardware needed.

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Altruist lifts valuation to $1.5 billion on $169 million fund raise

Finextra

Altruist, the modern custodian built for RIAs, today announced a $169M Series E round of funding led by ICONIQ Growth with participation from new investor Granite Capital Management, and continued support from existing investors Adams Street Partners and Sound Ventures.

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Secure SaaS Success: Embedded Finance as a Competitive Advantage

Speaker: Ian Hillis, SVP of Growth at Payrix and Worldpay for Platforms

Join us for an exclusive webinar hosted by Ian Hillis, SVP of Growth at Payrix and Worldpay for Platforms, where he’ll explore the significant impact of embedded finance on the software industry! This session is designed to provide you with the strategic insights needed to navigate the future of SaaS successfully, all while gaining a deeper understanding of how these trends can enhance your competitive edge, boost revenue, and deepen customer loyalty.