Fri.Mar 08, 2024

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10 Tips for Choosing the Right Merchant Processor for Your Business

National Processing

How critical is picking the right merchant processor? Ask any of your fellow business owners, and they will tell you it is as important as hiring employees you can count on. Your merchant processor is essentially “working” inside your business each time the doors are open. Knowing that, we are giving you a huge […] The post 10 Tips for Choosing the Right Merchant Processor for Your Business appeared first on National Processing.

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Spain blocks Sam Altman's Worldcoin venture

Finextra

Sam Altman’s cryptocurrency outfit Worldcoin has been told by Spain to stop collecting and using people's personal data.

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Apple reverses decision on blocking Epic

Payments Dive

“We are moving forward as planned to launch the Epic Games Store and bring Fortnite back to iOS in Europe,” Epic said following the change.

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Mastercard implements executive oversight on gen AI

Bank Automation

To ensure that data is handled responsibly, Mastercard uses an established set of data and tech responsibility standards as well as additional senior executive oversight on all generative AI applications.

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From Start to Scale: Driving Growth Through Seamless Payments Implementation

Speaker: Michael Veatch, Senior Director, Implementations & Ella Aguirre, Director of Solution Consulting

Embedding payments can be a transformative step for software companies looking to enhance their platform capabilities, boost customer satisfaction, and drive long-term growth. However, the success of payments hinges on a single thing: implementation. Drawing on real-world insights and experiences, payments implementation experts Michael Veatch and Ella Aguirre will explore actionable strategies that can lead to a transparent, friction-free launch and mitigate potential challenges like technical

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Fleetcor invests in Brazilian mobile app business Zapay

Payments Dive

Fleetcor’s investment this week follows other payments companies, including Visa, in investing in Brazilian businesses.

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US digital dollar is “nowhere near” development, says Federal Reserve chair

Finextra

Chairman of the US Federal Reserve Jerome Powell spoke before the Senate on Thursday, stating that the US was “nowhere near” CBDC development.

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Finovate Global Latin America: Investment and M&A Drive Innovation in Payments and Lending

Finovate

This week’s edition of Finovate Global takes a look at recent fintech developments in Latin America. The region was one of the few places in the world to see significant fintech funding in Q2 of 2023. Further, fintech in Latin America will be the focus of a special panel at FinovateSpring in May. Here are a handful of headlines to help you get up to speed on the variety of fintech innovation happening in countries like Mexico and Colombia.

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Open banking: An opportunity for banks to sell data

Bank Automation

Banks are looking for ways to monetize the sharing of consumer data as open banking regulations are passed across the globe.

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Sila Teams Up with Trice to Enhance Real Time Payments

Finovate

Sila has partnered with Trice to leverage the company’s safeguards for instant payments. Trice will help Sila’s customers eliminate insufficient funds and unauthorized debit for ACH transactions. Sila combines FedNow and The Clearinghouse’s RTP to allow ACH transactions to be settled in seconds. There has been some movement in the instant payments world this week.

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Rwandan Financial Inclusivity Bolstered by I&M Bank (Rwanda) Plc & Network International Partnership

The Fintech Times

Many firms in developing regions are looking towards technology as a way of advancing their financial marketplaces. For example, in Rwanda, I&M Bank (Rwanda) Plc. , the oldest bank in Rwanda and licensed by the Central Bank of Rwanda , and Network International (Network) have partnered to improve financial inclusion in the country. The agreement with Network International will reinforce I&M Bank’s digital-first strategy and leadership in the Rwandan market.

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15 Modern Use Cases for Enterprise Business Intelligence

Large enterprises face unique challenges in optimizing their Business Intelligence (BI) output due to the sheer scale and complexity of their operations. Unlike smaller organizations, where basic BI features and simple dashboards might suffice, enterprises must manage vast amounts of data from diverse sources. What are the top modern BI use cases for enterprise businesses to help you get a leg up on the competition?

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Tap to Pay on iPhone comes to US Venmo Business users

Finextra

PayPal Holdings, Inc. (NASDAQ: PYPL) today announced that Tap to Pay on iPhone is now available for all Venmo business profile and PayPal Zettle users in the U.S., enabling them to accept contactless card and digital wallet payments directly on their iPhones with no additional cost or hardware.

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10x Banking Showcases Commitment to an Inclusive Economy With B Corp Certification

The Fintech Times

A B Corp Certification looks beyond traditional business success by evaluating a company’s entire social and environmental impact, ensuring it meets high standards of performance, accountability, and transparency across various criteria. The latest firm to achieve this status is 10x Banking , the cloud-native core banking platform. As part of its ongoing mission to prioritise people, the planet, and the community, 10x has joined the ranks of over 6,000 Certified B Corporations worldwide.

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Significant Service Launch in the Fintech Sector Game Changer for Cross-border Payments And FX for International Financial Services Sectors

Fintech Finance

Jersey based Fintech , EWG , launches revolutionary – Lightspeed API – the fast-start route to embedded cross-border payments and FX for Fiduciary, Corporate and Fund Services. EWG’s Lightspeed API enables clients to process transactions in near real time – a game changer for clients who need to perform transactions or exchanges securely and quickly.

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Top 10 OCR Software for Hospitals in 2024

Nanonets

As the hubs for patient care and medical administration, hospitals often manage vast amounts of paperwork and documentation. The traditional reliance on manual data entry consumes valuable time and introduces the risk of errors that can have critical consequences. Enter Optical Character Recognition (OCR) software is a technological marvel reshaping how hospitals handle documentation processes.

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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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Mastering Customer Retention vs. Acquisition for Business Growth

Chargebee

Explore how minimizing customer retention costs while maximizing loyalty is key to sustainable business growth. Gain insights into strategies that strengthen customer bonds without breaking the bank.

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UniCredit hit with £2.3 million fine for data breach

Finextra

UniCredit, Italy’s second-largest bank, has been fined €2.8 million (£2.3 million) by the country’s data protection authority over 2018 data breach case.

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Checkbook and Visa Collaborate to Maximize Instant Payment Availability

The Nilson Report

The post Checkbook and Visa Collaborate to Maximize Instant Payment Availability appeared first on Nilson Report.

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EWG launches Lightspeed API for cross-border payments

Finextra

Jersey based Fintech, EWG, launches revolutionary – Lightspeed API – the fast-start route to embedded cross-border payments and FX for Fiduciary, Corporate and Fund Services.

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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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Tap-to-Pay on iPhone live for Venmo business and PayPal Zettle in the US

The Paypers

US-based online payments gateway service provider PayPal has announced that Tap-to-Pay on iPhone is available for Venmo business profiles and PayPal Zettle users in the US.

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Ultimate Guide to Accessing Quick Cash in Columbus, Ohio

Finextra

Everyone has times when they need money fast. Maybe you're in Columbus, Ohio, facing an emergency or.

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xpate partners with Mambu

The Paypers

xpate has announced its partnership with Mambu in order to offer customers in Europe optimised payment solutions by using the latter’s cloud banking platform.

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Stripe scores deal with rental car giant Hertz

Finextra

Stripe, a financial infrastructure platform for businesses, today announced a partnership with The Hertz Corporation to power payments for its Hertz, Dollar, and Thrifty car rental brands.

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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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How Automation Can Balance Efficiency and Control in Finance

Paystand

Table of Contents Introduction to Finance Automation Understanding Finance Automation Processes Benefits of Finance Automation Identifying Goals for Finance Automation Choosing the Right Finance Automation Tool Involving Your Team in Finance Automation Testing and Optimizing Finance Automation Processes Managing Risks in Finance Automation The Role of Paystand in Finance Automation FAQs

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Ant Group raises transaction limits for travelers on e-wallet services inline with new PBOC policy

Finextra

In response to China's new policies to facilitate international visits, Ant Group is raising single-transaction limit for international travellers using its cross-border payment services from USD 1000 to USD 5000; and annual cumulative transaction limit up from USD 10,000 to USD 50,000.

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Tarabut and BENEFIT form Open Banking partnership in Bahrain

The Paypers

Tarabut has partnered with Bahrain-based fintech BENEFIT to launch a consent authentication method that streamlines Bahrain’s Open Banking ecosystem.

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FCA/PRA Diversity and Inclusion for Crypto and FinTech Firms: PART IV

Finextra

By Rodrigo Zepeda, CEO, Storm-7 Consulting INTRODUCTION In 2023, the Financial Conduct Authority (FC.

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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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Hertz collaborates with Stripe

The Paypers

Financial infrastructure platform for businesses Stripe has announced its collaboration with The Hertz Corporation to enable payments for the latter’s Hertz, Dollar, and Thrifty car rental brands.

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NICE Actimize launches cloud-based record management solution for compliance

Finextra

NICE Actimize, a NICE (NASDAQ: NICE) business, today announced the launch of ARCHIVE-X, a cloud-based, all communications-in-one archiving and records management solution for financial services firms.

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Xsolla launches new payment methods

The Paypers

Xsolla has launched new payment methods, aiming to provide gamers in the region of Africa with access to Embedded Finance solutions and instant earnings.

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AfterShip Enables Apple Wallet Order Tracking

The Nilson Report

The post AfterShip Enables Apple Wallet Order Tracking appeared first on Nilson Report.

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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.