Sat.Jul 15, 2023 - Fri.Jul 21, 2023

article thumbnail

FedNow’s launch ‘is just the start’

Payments Dive

Direct access to the Fed’s payments system for nonbanks — specifically payments companies — will push the U.S. more fully into payments modernization, writes an executive from cross-border payments company Wise.

article thumbnail

Spotlight On: AusPayNet, A New Principal Participating Organization

PCI Security Standards

Welcome AusPayNet, a new Principal Participating Organization (PPO) at the PCI Security Standards Council! In this special spotlight edition of our PCI Perspectives Blog, AusPayNet’s CEO Andy White introduces us to his company and how they are helping to shape the future of payment security.

article thumbnail

5 Ways to Improve Team Communication in The Workplace

Agile Payments

5 Ways to Improve Team Communication in The Workplace There’s no collaboration or teamwork without communication. Even if it didn’t improve efficiency and team cohesion (which it does), with an inefficient communication system, even the simplest task can be made incredibly difficult. Finishing a task without having a clear way to report that you’re done can make someone else miss a deadline waiting for you to finish your part.

88
article thumbnail

AWS Textract Teardown - Pros and Cons of using Amazon's Textract in 2023

Nanonets

Text Recognition in 2023 In many companies and organizations, plenty of valuable business data is stored in documents. This data is at the heart of digital transformation. Unfortunately, according to statistics, 80% of all this data is embedded in unstructured formats like business invoices, emails, receipts, PDF documents, and many more. Therefore, to extract and make the most out of information from these documents, companies slowly started relying on Artificial intelligence (AI) based service

Blocks 98
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

Amex corporate client growth ebbs

Payments Dive

U.S. commercial card services volume grew 2% in the second quarter, relative to the year-ago period, American Express said in a Friday earnings report.

article thumbnail

Coffee with the Council Podcast: Meet This Year’s PCI SSC Community Meeting Keynote Speaker, Jenny Radcliffe

PCI Security Standards

Welcome to our podcast series Coffee with the Council. I'm Alicia Malone, Senior Manager of Public Relations for the PCI Security Standards Council. Today, I am so excited to bring you a sneak peek interview with PCI SSC's Community Meeting Keynote Speaker, Jenny Radcliffe. Jenny is a world-renowned social engineer, hired to bypass security systems through a mixture of psychology and con artistry.

More Trending

article thumbnail

Experian report shows fraud fears increase by 50% compared to 2022

The Paypers

Information services company Experian has launched a report that showcases that 50% of consumers fear becoming fraud targets more than in 2022.

article thumbnail

Toast axes 99-cent fee

Payments Dive

The restaurant payments company said Wednesday it would remove the customer-paid order processing fee by the end of this week.

Process 148
article thumbnail

Business Process Automation

Nanonets

Implementing Business Process Automation (BPA) can give your employees extra hours each day. And that means more time for them to focus on core, needle-moving tasks. End result? A much more efficient, and more productive business operation. No employee should have to give up their personal time because they are spending half their workday on tedious, repetitive tasks that can be automated.

article thumbnail

Startup Business Loans with No Revenue

Payment Savvy

Building a successful startup comes with its fair share of challenges, chief amongst them being the search for loans and funding. While chasing that dream investment, startups often face a tough time trying to secure loans, primarily due to minimal or no revenue. Understandably, many lenders find this absence of steady revenues a red flag, sometimes closing doors to potential investment opportunities.

ACH 52
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

Nacha Statement on FedNow Launch

NACHA

Herndon, VA – Today, Nacha President and CEO Jane Larimer released the following statement in response to the Federal Reserve announcing its FedNow Service is now live: “Nacha congratulates the Federal Reserve on the launch of FedNow. It is a significant achievement. “Nacha believes that instant payment systems (such as FedNow and RTP) and ACH, including Same Day ACH, will together meet the evolving needs of the marketplace.

NACHA 52
article thumbnail

FedNow goes live for banks, credit unions

Payments Dive

The Fed’s long-awaited instant payments system is arriving right on time this month, giving consumers and businesses a new route for speedier transactions.

article thumbnail

The importance of General Ledger reconciliation for financial reporting

Nanonets

Maintaining accurate financial records is vital for any business, and the general ledger, as the central repository of financial transactions, plays a critical role in this process. Ensuring the accuracy and integrity of the general ledger requires regular reconciliation. However, doing so manually is time-consuming and prone to error and risk. In this article, we will delve into the concept of general ledger reconciliation, its importance to businesses, and how to achieve it efficiently with th

article thumbnail

Global Luxury Retail Report

PayXpert

The Global Luxury Retailing 2023 Outlook report from Savills has been published. It observes that the pandemic has illustrated how strong luxury consumption is. The report also emphasises the significance of in-store luxury retail in our digital era.

52
article thumbnail

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.

article thumbnail

Open your integration ecosystem with intelligent MFT

Axway

Managed File Transfer is a modern-day workhorse, but it is also not the entire story of how data gets from point A to point B. The data itself, contained in MFT files or otherwise, has become a critical currency today.

52
article thumbnail

CFPB, European regulator open a dialogue on digital rules

Payments Dive

Buy now, pay later platforms, artificial intelligence and other developments “if left unchecked, could increase consumers’ exposure to fraud and manipulation,” the regulators said Monday.

article thumbnail

An Overview of Netsuite AP Automation

Nanonets

The traditional approach to accounts payable can be time-consuming, error-prone, and resource-intensive, hindering the organization's ability to focus on strategic initiatives. Fortunately, cutting-edge advancements in automation technology have revolutionized the accounts payable landscape, offering businesses an opportunity to streamline their workflows and achieve unprecedented levels of efficiency.

article thumbnail

3 Payment Innovation Trends for Today’s Uncertain Economy

BlueSnap

With more than 30 years of experience, I have seen a lot of change and innovation in the payments industry. Over the last few years, digital payments have been impacted by COVID, followed quickly by aggressive growth. And now, we are facing a downturn, which is also affecting payments and how businesses think about them. The post 3 Payment Innovation Trends for Today’s Uncertain Economy appeared first on BlueSnap.

Economy 52
article thumbnail

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.

article thumbnail

EIN Number Lookup: How to Find Your Employer Identification Number

Payment Savvy

Knowing your Employer Identification Number is essential for many different reasons. However, many employers struggle with EIN number lookup. In this article, we’ll take a closer look at what the EIN is and offer a few suggestions about how you can find yours. What is an Employer Identification Number (EIN)? An employer identification number, or EIN, is a unique, nine-digit number issued by the Internal Revenue Service (IRS).

IRS 52
article thumbnail

Fintech funding drops in 2Q

Payments Dive

While there was a drought of venture capital for payments startups and other fintechs in the first half of the year, industry reports spot potential for new flows in the second half.

FinTech 78
article thumbnail

Instant Document Automation with Zero Shot

Nanonets

Artificial intelligence and machine learning have become indispensable tools in today’s fast-paced business world. One of the key issue issues has been the time, cost, and expertise required to automate processes like document automation. This is where Zero Shot Learning (ZSL) comes in. Today, automation is necessary for companies looking to streamline operations, reduce costs, and improve accuracy.

article thumbnail

Event-based integration made simple — without getting rid of legacy IT

Axway

We live in a real-time world. From checking social media feeds to messaging family, making near-instant payments on the go or connecting global business networks, many of the things we’ve come to take for granted are made possible by “events”.

article thumbnail

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.

article thumbnail

Kuwait prohibits the use of crypto for payments and investments

The Paypers

The Capital Markets Authority has prohibited the use of cryptocurrencies for payments, investments, and digital assets mining in Kuwait.

article thumbnail

Synchrony braces for late fee rule

Payments Dive

The CEO of the private label card issuer expects a final rule on the CFPB’s proposed credit card late fee cap later this year, and litigation could follow, he said.

Rules 78
article thumbnail

How we’re helping SwapMoney make remittances fairer and safer

Currencycloud

It’s hard to overstate the role that remittances play in supporting families around the world.

FinTech 52
article thumbnail

Ensuring your data stays protected from cybercriminals targeting MFT vendors

Axway

The concerning surge in ransomware attacks targeting Managed File Transfer (MFT) vendors, including several significant breaches that have occurred this year, is getting a lot of attention.

article thumbnail

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.

article thumbnail

CoinFund closes USD 158 million Seed IV Fund

The Paypers

US-based cryptoasset-focused investment firm CoinFund has announced the closing of the USD 158 million Seed IV Fund LP.

68
article thumbnail

Flywire, Tencent partner on cross-border education payments

Payments Dive

The international payments software firm aims to give Chinese students abroad a tool for paying tuition using their home country’s most popular digital wallet.

article thumbnail

What Is An Online Merchant and eCommerce

Payment Savvy

Without even stepping foot outside your front door, today you can effortlessly snag that perfect pair of shoes, order a mouthwatering gourmet meal, or even book a luxurious vacation thanks to the internet. It’s like having a magical genie at your fingertips, ready to grant your every shopping desire. But is it that simple? Not exactly. As a matter of fact, there is an entire industry behind the scenes that enables you to buy products and services in the comfort of your home.

C2B 52
article thumbnail

Reverse Phone Lookup: Find Out What a Phone Number Can Reveal About Users

Seon

Reverse phone lookup is a vital tool in fraud prevention, lead generation, and much more. Many businesses and individuals benefit from using reverse phone lookups because they put many public records at the user’s fingertips, based on just a person’s phone number. The software involved tends to be very easy to use: You can check out how easy by entering a phone number into SEON’s reverse phone lookup tool below.

article thumbnail

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.