FedNow to launch by mid-2023, Fed official says
Payments Dive
AUGUST 19, 2022
The federal government’s new real-time payments system should be ready for use by the middle of next year, Fed Governor Michelle Bowman said in a speech this week.
August, 2022
218 
7 Reasons Why Your Small Business Should Accept Credit Cards
Synapse Payment Systems
AUGUST 25, 2022
We’ve all been to a cash-only business. If you’re a customer who loves paying for purchases using a credit card, it might be annoying, but for businesses, it makes sense. For many small business owners, it’s tempting to be a cash-only business. Accounting is less complicated, and you can keep 100% of your earnings with no processing fees deducted from each transaction.
What Gig Workers Want in Payments
Agile Payments
AUGUST 30, 2022
What Gig Workers Want in Payments. So, you're on your way to becoming a gig worker. Congratulations! You'll be joining the ranks of some of the most innovative and forward-thinking people in the workforce. But what do gig workers need to have a much-improved experience? Payments that fit their lifestyle and work habits for sure!
Making of: Bundesagentur für Arbeit empowering eGovernment services with Axway
Axway
AUGUST 29, 2022
We’re glad to share with you our latest video testimonial with Bundesagentur für Arbeit , Germany’s federal agency responsible for providing a range of labor market services for employers and employees.
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
Average U.S. FICO® Score Stays Steady at 716, as Missed Payments and Consumer Debt Rises
FICO
AUGUST 29, 2022
Home. Blog. FICO. Average U.S. FICO® Score Stays Steady at 716, as Missed Payments and Consumer Debt Rises. Each year, we provide insight into the national average FICO ® Score to help ensure consumers have a baseline measure of credit health standing. by Ethan Dornhelm. expand_less Back To Top. Tue, 08/30/2022 - 12:00. As the independent standard in credit scoring, FICO® Scores are the leading credit scores used extensively across the lending ecosystem ranging from originations, underwriting an
4 Common Myths of AI in Finance Organizations
The Finance Weekly
AUGUST 14, 2022
Artificial intelligence (AI) has dazzling possibilities and high expectations, but there are many misconceptions about how it can impact the office of finance. Let's explore four of these myths and their potential to perpetuate limiting beliefs that can impact the ability of a business to compete in the market and attract talent. Myth #1 “There is no need to alter our current course of action.
Sign up to get articles personalized to your interests!
Payments Space brings together the best content for payment processing professionals from the widest variety of industry thought leaders.
More Trending
How to Negotiate Lower Credit Card Transaction Fees
Synapse Payment Systems
AUGUST 25, 2022
Almost every business accepts credit card payments these days. It’s quick, easy, and convenient for customers. However, businesses have to pay processing fees for each transaction. These fees can add up, especially for small businesses. This can quickly eat into profits. The good news is that it is possible to learn how to lower credit card processing fees.
Fujitsu to offer digital security solution in metaverse
The Paypers
AUGUST 23, 2022
Japan’s JCB , JP GAMES , and Fujitsu have partnered for a year-long joint project to improve the security of distribution and sales of digital data in the metaverse and gaming world.
Watch Duty: How a grassroots fire reporting team created a platform to keep Californians safe
Axway
AUGUST 19, 2022
We speak often of the power of platforms here at Axway, and for good reason: the right platform can be transformative, bringing people together and extending their efforts exponentially.
Where Are We Now? 2022 Data Science and AI Predictions Revisited
FICO
AUGUST 8, 2022
Home. Blog. FICO. Where Are We Now? 2022 Data Science and AI Predictions Revisited. Within my AI predictions for the year, interpretable machine learning (ML) models have surprised me by garnering greater awareness from data science leaders. Saxon Shirley. Thu, 05/12/2022 - 07:46. by Scott Zoldi. expand_less Back To Top. Mon, 08/08/2022 - 15:30. One of my favorite things to think about is my annual data science and artificial intelligence (AI) predictions blog.
15 Modern Use Cases for Enterprise Business Intelligence
Advertisement
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?
Best FP&A Software for Small Businesses
The Finance Weekly
AUGUST 30, 2022
Why are FP&A software tools essential for small businesses? FP&A software tools are increasingly important for businesses of all sizes. Historically, FP&A teams primarily existed as a separate department, mostly among large and established companies. But all of that has changed. , FP&A is no longer a separate entity that works only with the finance department.
Amex rolls out B2B digital payment tool
Payments Dive
AUGUST 2, 2022
American Express cited data indicating nearly two-thirds of small and mid-sized business owners expect increases in their cross-border spending over the next six months.
Analyzing Nubank’s growth strategy: How the challenger bank is aiming to become LatAm’s financial super app
CB Insights
AUGUST 15, 2022
Brazil’s Nubank has its sights set on disrupting Latin America’s financial services. Since its founding in 2013, the challenger bank has grown its user base rapidly — reaching 60M customers as of May 2022, up 61% year-over-year. It notched $877M in revenue in Q1’22, with a gross profit margin of 34%. In 2011, only 56% of Brazilian adults had bank accounts.
Theta partners Samsung to launch an offline NFT utility campaign
The Paypers
AUGUST 9, 2022
US-based decentralized video delivery network Theta Network has partnered with Samsung and other South Korean retailers in order to provide NFT holders more utilities in retail stores.
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
4 types of APIs and what makes each one unique
Axway
AUGUST 16, 2022
Depending on how you want to categorize them, there are several different types of APIs, and they have different scopes, benefits, and intended audiences, which makes each of them uniquely suited for different purposes.
The Power of Optimization: Solving a Dire Water Access Problem
FICO
AUGUST 30, 2022
Home. Blog. FICO. The Power of Optimization: Solving a Dire Water Access Problem. The SEIO-BBVA prize for best applied contribution in operations research goes to a team including FICO’s Selene Silvestri. JessicaButalla@fico.com. Tue, 07/19/2022 - 16:11. by Oliver Bastert. Vice President, Product Management. expand_less Back To Top. Tue, 08/30/2022 - 09:30.
Best FP&A Software for Startups
The Finance Weekly
AUGUST 30, 2022
Why are FP&A software tools essential for startups and small businesses? FP&A software tools are increasingly important for businesses of all sizes. Historically, FP&A teams primarily existed as a separate department, mostly among large and established companies. But all of that has changed. , FP&A is no longer a separate entity that works only with the finance department.
Digital wallets dig in
Payments Dive
AUGUST 30, 2022
Continued adoption of digital wallets is likely to depend on the services that providers add, said Charlotte Principato, a financial services analyst for polling firm Morning Consult.
Top Strategies to Future-Proof & Sustain Your Merchant Services Portfolio
Advertisement
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.
Analyzing Mastercard’s growth strategy: How the payment network is moving beyond payment processing
CB Insights
AUGUST 22, 2022
Mastercard , one of the world’s leading payment networks, has forged hundreds of strategic business partnerships, invested in dozens of different companies, and made more than 5 acquisitions over the last 2 years. <span data-sheets-value='{"1":2,"2":"<div class="cbi-cta-shortcode-wrapper"><div class="cbi-cta-shortcode-content"></div><div class="cbi-cta-shortcode-forms" ><div class="cta has-desktop&
Ripple launches crypto-based B2B payments in Brazil
The Paypers
AUGUST 18, 2022
US-based Ripple , a provider of enterprise blockchain and cryptocurrency solutions, has announced the launch of RippleNet’s On-Demand Liquidity (ODL) in Brazil in partnership with Travelex Bank.
What does it mean for MFT to be intelligent?
Axway
AUGUST 10, 2022
Managed File Transfer has evolved significantly since its early days decades ago: modern MFT solutions offer features such as workflows automation, high availability, analytics, and audit capabilities for compliance, as well as advanced security protocols and encryption.
Novo Banks on Faster Deposits & Apps to Gain Small Business Market Share
Fintech Labs Insights
AUGUST 30, 2022
Since we began publishing our digital challenger bank list , Novo has been the most popular choice (though recently, Mercury has surpassed it). Today, I thought I’d drop by Novo ’s website and see what’s fueling its success ( see also, our previous post , Sep 2021 ). The first thing you notice is the clear focus on small business banking. Unlike large commercial banks, where it takes a bit of poking around to find small business products, Novo is all business.
Secrets of a Successful Sale: Optimizing Your Checkout Process
Speaker: David Nisbet, Everett Zufelt, and Michaela Weber
Once upon a time, in the vast realm of online commerce, there lived a humble checkout button overlooked by many. Yet, within its humble click lay the power to transform a mere visitor into a loyal customer. 🧐 💡 Getting checkout right can mark the difference between a successful sale and an abandoned cart, yet many businesses fail to make payments a part of their commerce strategy even when it has a direct impact on revenue.
First Ever Excel NFTs go on Sale. Without the Goal of Making Money
The Finance Weekly
AUGUST 28, 2022
For the first time ever, Microsoft Excel based NFTs are going on sale. These Excel NFTs are unique not only because they are the first of its kind, but also because their goal has nothing to do with making a profit. All of the money will be donated to victims of the war in Ukraine. The five unique pieces of pixel art contain pictures of events that occurred during the war, depicting courage from Ukrainian President Volodymyr Zelensky, people saying goodbye, and refugees crossing the border.
Payments companies swap out CFOs
Payments Dive
AUGUST 5, 2022
Amid macroeconomic pressures, FIS, PayPal, MoneyGram and Shift4 all appointed new CFOs this week. The trend may also mean they’re paying more for them.
State of Insurtech Q2’22 Report
CB Insights
AUGUST 4, 2022
After dropping 56% quarter-over-quarter (QoQ) in Q1’22, global insurtech funding stayed flat at $2.4B in Q2’22. Insurtech deals, however, did drop 16% QoQ to hit 132, the lowest count since Q4’20. Below, check out a handful of highlights from our 118-page, data-driven State of Insurtech Q2’22 Report. Clients can dig into deeper insights, all the record figures, and a ton of private market data by downloading the full report using the sidebar.
PayRemit selects IDnow Middle East to power digital customer onboarding
The Paypers
AUGUST 18, 2022
Philippines-based ecommerce app PayRemit has signed an agreement with IDnow Middle East to provide automated identity verification for the onboarding of PayRemit customers.
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.
What is the future of electronic data interchange (EDI)?
Axway
AUGUST 2, 2022
There has been some talk in tech circles that electronic data interchange (EDI) use is diminishing in organizations, with APIs being preferred as the chosen replacement to suit modern technology infrastructures.
Marqeta executive exodus follows IPO
Payments Dive
AUGUST 17, 2022
Of 10 top executives leading the company last year, only three remain, including CEO Jason Gardner, who last week said he plans to exit that role and become executive chairman.
Will a swoon in valuations affect Block’s Afterpay?
Payments Dive
AUGUST 2, 2022
Block acquired Afterpay for what was ultimately $13.9 billion in stock, but a string of fintechs writing down valuations in the face of economic pressures raises the possibility Block will be forced to do the same.
Toast gets growth spurt in restaurant payments
Payments Dive
AUGUST 11, 2022
The restaurant software management company placed its digital tools at another 6,000 locations in the second quarter, for the biggest quarterly jump in that figure.
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.
Let's personalize your content