May, 2023

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Eight Steps to Take Toward PCI DSS v4.0

PCI Security Standards

The clock is ticking on PCI DSS v3.2.1. On 31 March 2024, PCI DSS v3.2.1 will be retired, making the transition to PCI DSS v4.0 essential for organizations involved in payment data security. To help with this transition, PCI SSC has identified eight steps you should take on your journey to PCI DSS v4.0.

PCI DSS 193
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Walmart, Kroger eye instant payments

Payments Dive

The giant retailers eagerly await instant payment system possibilities, especially as an alternative to card payments, according to industry professionals who heard their representatives speak recently.

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Integrating AI into Your Finance Function

Nanonets

Emerging technologies such as artificial intelligence and machine learning have transformed the traditional finance function by making processes efficient, improving accuracy, and enabling data-driven decision-making. According to a Forrester survey, 98% of financial institutions believe that AI and ML can give them an edge and improve how they do business.

AI 122
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FICO and Chelsea Football Club to Raise Financial Literacy in U.S.

FICO

Home Blog Feed test FICO and Chelsea Football Club to Raise Financial Literacy in U.S. Strategic partnership between Chelsea FC and FICO aims to make a positive impact on the communities where games are played Tue, 05/16/2023 - 18:46 Saxon Shirley by Nikhil Behl Chief Marketing Officer expand_less Back to top Tue, 05/16/2023 - 18:35 Chelsea Football Club today announced a new partnership with FICO, the world’s leading provider of analytics software, solutions and services.

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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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Instant ACH Transfers Online

Payment Savvy

Our current era has been shaped by digitization with a fundamental impact on all sectors, including banking and finance, where it has brought unprecedented convenience, security, and efficiency. The backbone of these developments is none other than America’s Automated Clearing House (ACH) which facilitates seamless electronic transactions between banks and financial institutions within its network.

ACH 94
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What Robinhood’s performance could signal for rival retail investment apps and their valuations

CB Insights

Robinhood ’s Q1’23 earnings paint a grim picture of the profitability and growth challenges that retail investing apps and other fintechs face today: Net losses are compounding Active users are at a fraction of previous peaks Transaction-based revenues are up and down from one quarter to the next but aren’t growing over time This is old news to the public markets, as Robinhood’s market capitalization is down 77% compared to its exit valuation at IPO in July 2021.

Research 100

More Trending

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PayPal considers Xoom sale: report

Payments Dive

The digital payments company is considering a sale of its Xoom cross-border business, The Information reported, citing an unnamed source.

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How to Rename PDF Files Based on Content

Nanonets

Why Rename PDF Files based on their content? * PDF files shared between organizations are named haphazardly. * The file names often have nothing to do with the data they contain. * This makes it hard to keep track of documents and identify them. * Precious man-hours are spent in renaming and organizing such documents for convenient reference. *This allows users to identify files more quickly, and get some information about the documents without having to open them individually.

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FICO World 23: Unleashing the Power of FICO Platform

FICO

Home Blog Feed test FICO World 23: Unleashing the Power of FICO Platform Creating next-generation customer experiences Tue, 05/16/2023 - 17:07 Saxon Shirley by Stephanie Covert EVP, Software expand_less Back to top Wed, 05/17/2023 - 16:25 An Engine for Next-generation Customer Experiences FICO World 2023, is an embodiment of the collective vision and dedication of leaders, change agents, and revolutionaries like our clients, who are shaping the future of customer experiences.

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ACI Worldwide gets certified for the FedNow Service

The Paypers

ACI Worldwide has received certification for the FedNow Service, the Federal Reverve’s new instant payments offering, and integrated Corporate One FCU on its Real-Time Payments Cloud.

FedNow 85
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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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These 75 embedded insurance companies are transforming digital distribution

CB Insights

Embedded insurance — the integration of insurance into a digital product on a third-party platform or marketplace — is becoming more popular as a way to boost revenues and improve customer experiences. For consumers, these products can provide faster, more convenient, and more accessible insurance options. For insurers, embedded insurance can enable more product personalization (e.g. using payroll provider data for pay-as-you-go workers comp), improve underwriting accuracy (e.g. usin

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PCI SSC is Excited to Share the Global Content Library

PCI Security Standards

The PCI Security Standards Council (PCI SSC) is excited to share the Global Content Library - housing hours of insightful payment security video content from our Global Community Events. If you happened to be at the events in person and would like a refresher or couldn't make it at all - don't fret! Just like your other favorite streaming services, we have captured it all for you plus additional exclusive content in an easy to navigate, all-inclusive library.

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Consumers use cash to forget, study shows

Payments Dive

New research suggests consumers’ payment method choice can depend on what they’re buying, especially if it’s a guilty-pleasure purchase.

Consumer 166
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How to setup financial controls at a startup

Nanonets

Startups face a multitude of challenges as they seek to transform their innovative ideas into profitable businesses. Among these challenges, setting up effective financial controls often gets overlooked in the whirlwind of activities. However, establishing robust financial controls is fundamental to the sustainability and growth of any startup. It ensures financial integrity, reduces risks, and aids in decision-making.

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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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How to Find the Right Financial Expert for Your Business

Agile Payments

How to Find the Right Financial Expert for Your Business Anchor: Accounting tests

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The battle for generative and conversational AI will be won on the API front

Axway

A strange title? Perhaps, but ChatGPT’s creators have demonstrated how well they understand what is at stake in the exploding market for artificial intelligence models. Their affordable, monetizable API announced this spring could be a game-changer.

API 69
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Bank of England set to decline Revolut's application for banking licence

The Paypers

The Bank of England has told the Treasury that it is planning to reject Revolut 's application for a banking licence, after a two-year campaign by Britain's most valuable fintech company.

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R&H ISAC and PCI SSC Present: Tips for Transitioning to PCI DSS v4.0 - A Conversation with Target

PCI Security Standards

In this episode, Retail & Hospitality ISAC podcast host Luke Vander Linden is joined by co-host Alicia Malone, senior manager of public relations at PCI SSC, Kandyce Young, manager of data security standards at PCI SSC, and Tony James, director of cyber security at Target to discuss the rollout of PCI DSS v4.0. Questions relating to the rollout?

PCI DSS 92
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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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Convenience chain adds Amazon palm pay

Payments Dive

This is the second convenience store chain to install the palm-scanning technology, which is also being used in sports arenas and Amazon’s own brick-and-mortar retail locations.

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Workflow Automation Guide & 5 Best Workflow Software for 2023

Nanonets

Are you looking for workflow management software? Try Nanonets. Create workflows in <15 minutes. Try for free now. No Credit Card is Required. Create Your Workflow Businesses lose millions of dollars each year due to inefficiency, which is no secret. Businesses lose around 1 Trillion US dollars annually due to ineffective management activities! Intelligent workflow automation can save time, boost production, and cut expenses.

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How to Securely Manage Online Payments: A Business Owner’s Guide

Agile Payments

How to Securely Manage Online Payments: A Business Owner’s Guide

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91 companies digitizing and accelerating the loan underwriting process

CB Insights

Loan underwriting is a slow and complex process, due to insufficient data for credit scoring, stringent risk management requirements, and highly manual processes. Fraud is also a concern. For example, 2020’s Paycheck Protection Program (PPP) dealt out upwards of $117B in loans (15% of the total) to businesses that didn’t actually qualify.

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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.

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Pakistan announces a ban on cryptocurrencies

The Paypers

The government of Pakistan has announced that cryptocurrencies will never be legal in the country in a bid to prevent illegal digital currency transactions.

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Consolidating to a single EDI/VAN vendor: the timing has never been better

Axway

If we were to select nominees for the best B2B communications strategy, these would be the finalists: Company A relies on point-to-point EDI for business agility, including the ability to connect with multiple partners of all kinds.

B2B 59
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Synchrony, Wells Fargo, Bread Financial lead medical credit card market: CFPB

Payments Dive

The medical credit card industry has expanded in recent years as healthcare providers promoted the cards to patients, the agency said in a report.

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Finance AI Tools that are Disrupting the Industry

Nanonets

Traditionally, finance has been the domain of the smartest in our society. Now, AI tools are pushing the limits of analysis and decision-making in finance, changing the lives and careers of finance professionals around the world. AI’s can analyze more data faster than any human can. They can make decisions on the margin with information updated with milliseconds of accuracy.

AI 94
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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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Optimizing Resources: 12 Essential Tools for SaaS Companies

Agile Payments

Optimizing Resources: 12 Essential Tools for SaaS Companies

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Which payments startups have the highest valuation per employee?

CB Insights

Leading into 2022, numerous fintech unicorns operating in areas like payment acceptance and BNPL saw their funding, employee headcount, and valuations skyrocket. Among these , BNPL provider Klarna and payments processor Stripe reached valuations of $45.6B and $95B, respectively, in 2021. The market downturn, however, has led to workforce reductions at both companies: Klarna conducted several rounds of layoffs, while Stripe reduced its staff by 14%, citing over-hiring.

BNPL 68
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Rapid Finance partners with Mambu to provide Lending-as-a-Service

The Paypers

US-based financial service company Rapid Finance has integrated with Mambu ’s cloud-based lending platform to offer Lending-as-a-Servive to financial institutions in the US.

Finance 68
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UK Cards Data: Cardholders Spent More in February, But Paid Less

FICO

Home Blog Feed test UK Cards Data: Cardholders Spent More in February, But Paid Less New FICO data demonstrates cost-of-living pressures across spend and missed payments as UK consumers battle to manage finances Thu, 04/13/2023 - 23:40 JenniferPiccinino@fico.com by Liz Ruddick Principal Consultant expand_less Back to top Tue, 05/09/2023 - 09:50 Our latest data on UK credit card trends illustrates the financial balancing act many consumers are facing.

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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.