Sat.Aug 12, 2023 - Fri.Aug 18, 2023

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Consumer spending rose 4% in July: Fiserv

Payments Dive

The retail sector drove overall card spending growth, but average ticket sizes have dipped due to declining inflation, Fiserv said in its latest consumer spending report.

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Welcome to the Newest Associate Participating Organizations

PCI Security Standards

We are pleased to welcome the newest organizations that have joined as Associate Participating Organizations of the PCI Security Standards Council (PCI SSC). These organizations play a crucial role in supporting the evolution of the PCI Security Standards and programs and promoting the implementation of PCI Security Standards worldwide to protect payment data.

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7 Steps to Build a Results-Driven Marketing Strategy in 2023

Agile Payments

7 Steps to Build a Results-Driven Marketing Strategy in 2023 There were times when putting up billboards was enough. However, times have changed. In today’s world, picturesque signs aren’t enough of an advertisement.

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How to Lower Your Effective Processing Rate and Boost Your Bottom Line with National Processing

National Processing

Learn how to calculate your effective processing rate, what to consider when comparing that to the rates charged by other payment processors, and how National Processing works with merchants to keep their costs as low as possible. The post How to Lower Your Effective Processing Rate and Boost Your Bottom Line with National Processing appeared first on National Processing.

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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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PayPal names Intuit exec as CEO

Payments Dive

Long-time Intuit executive Alex Chriss will lead the digital payments pioneer and join its board, as Dan Schulman steps down and plans to leave the board next year.

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Get a Sneak Peek at a Community Meeting Presentation on PCI Complexities in Higher Education

PCI Security Standards

Do not pass up the chance to collaborate and gain knowledge on the latest developments in payment security at the upcoming PCI SSC Community Meetings. These events feature presentations from some of the sharpest minds in payment security. Below Kevin Doar , CIA, CISA, CISM, ISA, Director - Merchant Services, University of Washington provides a preview of his presentation on PCI Complexities in Higher Education.

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HAYVN Pay enables cryptocurrency payments for Gayo Aviation

The Paypers

HAYVN Pay, a global cryptocurrency payments provider, has partnered with luxury travel company Gayo Aviation , to integrate cryptocurrency payments into the latter’s services.

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Bill to compete with Intuit after partnership ends

Payments Dive

“Intuit has decided to compete on payments rather than partner,” Bill CEO Rene Lacerte told analysts Thursday.

Payments 147
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Request for Comments: PCI Secure Software Lifecycle (Secure SLC) Standard v1.1?

PCI Security Standards

From 16 August to 15 September 2023, eligible PCI SSC stakeholders are invited to review and provide feedback on the currently published version of the PCI Secure Software Lifecycle (Secure SLC) Standard during a 30-day request for comments (RFC) period.

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8 Essential Tools for Crafting Engaging Employee Training Videos

Agile Payments

One of the best ways to conduct employee training is via videos.

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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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Deloitte expands partnership with NVIDIA

The Paypers

Deloitte has expanded its partnership with NVIDIA aiming to utilise the latter’s AI technology to build generative AI solutions for enterprise software platforms.

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Discover CEO Roger Hochschild resigns

Payments Dive

The card issuer appointed board member John B. Owen as interim CEO and president on Sunday, effective Monday.

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Five pitfalls to avoid when choosing a PFaaS provider

Cardknox

Five pitfalls to avoid when choosing a PFaaS provider All PayFac providers are not created equal. As businesses increasingly embrace payment monetization, new solutions are gaining traction. In particular, many […] The post Five pitfalls to avoid when choosing a PFaaS provider appeared first on Cardknox.

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Worn and Returned: Don’t Let Wardrobing (and Other Returns Abuse) Ruin Your Summer

Accertify

Summer is well and truly underway, which means consumers have been ordering the latest looks for the season. That could mean a wedding outfit, clothes for a day at the races, or a new look for a week or two away. And it doesn’t just apply to clothing either. The majority of consumers will pay for what they order and keep it, but a fraudulent few will sidestep the expense by ordering the clothes they need, wearing them once or twice, and returning them to retailers afterwards.

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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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Coinbase secures approval to bring federally regulated crypto to the US

The Paypers

Cryptocurrency exchange Coinbase has secured regulatory approval from the National Futures Association to offer access to eligible US customers to crypto futures.

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Can PayPal’s incoming CEO jump-start profitable growth?

Payments Dive

The new leader may benefit the digital payments pioneer by focusing on small and mid-sized clients.

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What Is Dual Pricing?

Evolve Payment

Table of Contents A Revolutionary Credit Card Processing Strategy In the fast-paced world of financial decision-making, staying ahead of the curve is essential for any business seeking growth and success. This is especially true as you search for cost-reduction exercises to retain employees without cutting back on any other avenue of your company. As someone responsible for the financial health of your organization, you understand the importance of optimization to guarantee success.

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A Guide to Invoice Approval Workflow Automation

Nanonets

Automating Invoice Approval Workflows Invoice approval is a crucial step in managing the financial operations of any business. It involves verifying the accuracy and legitimacy of incoming invoices before they are paid, and then disbursing payments to vendors in time.  Traditionally, this process has been manual and time-consuming, often leading to errors and delays.

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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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Ant Group expands cross-border payment services for Asian Games 2023

The Paypers

Ant Group has offered multiple cross-border digital payment options for travellers at the Asian Games, an Olympics-style sport event for Asian countries in 2023.

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Ampm opens autonomous convenience store in San Francisco stadium

Payments Dive

The store uses AiFi and Verizon Business technology to power a frictionless shopping experience where customers swipe a credit card at the entrance, grab their items and leave.

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Open Banking USA Trends & Projections

Axway

Exploring the open banking industry in the United States Open banking in the USA is growing in adoption every day, and the Consumer Financial Protection Bureau’s preliminary timeline for upcoming regulation creates a new urgency to embrace open banking for …

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Guide to AP Automation: How to get started with Accounts Payable Automation

Nanonets

Every business must deal with purchase orders, bills, invoices, and payments to an array of vendors, who provide everything from basic supplies to high-value equipment and services needed for all the operations of the company. The Accounts Payable (AP) department is responsible for the procure-to-pay process of any well-organized company and deals with the entire purchasing workflow, starting from Purchase Order (PO) processing to final payment to vendors.

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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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Exact Payments CEO, Phil Levy, Discusses the Future of Fintech With The Strawhecker Group

Exact Payments

Exact Payments was honored to be chosen by globally recognized analytics and consulting firm, The Strawhecker Group, to be a part of their executive interview series. Exact’s CEO, Phil Levy, sat down with TSG’s Rachel Hartley to provide his insight on where the fintech industry is trending, growth initiatives, and our commitment to delivering the best payments experiences.

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Discover ‘acting with urgency’ on Hochschild replacement

Payments Dive

Interim CEO John Owen also said the company has hired about 200 compliance officers in recent months as Discover bolsters regulatory and risk management efforts.

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Axway’s API marketplace: your compass in the API jungle

Axway

Let’s talk about how Axway’s API Marketplace can help us navigate the wild world of API sprawl in a multi-cloud, multi-team, and multi-gateway environment. Think of it as your trusty compass in the API jungle. Ready? Let’s get started!

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Scammers Leveraging ChatGPT to Commit Identity Theft: Is Better Data the Solution?

Fi911

AI-centric technologies are revolutionizing the banking and payment sectors. This is being done by facilitating faster and more efficient transaction processing. Recent coverage by Invezz indicates that the exploration of AI-enabled cloud computing solutions is underway. This could refine the process of securities selection, tailoring them to customer requirements.

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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.

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OBL publishes latest Open Banking Service Quality Indicators

Open Banking

Compare bank service lev els Every six months, the Competition and Markets Authority (CMA) publishes independent data that enables people to compare the service levels they receive from banks for personal and business current accounts. The results show customers how their bank is ranked on quality of service and make it easier for people to compare offers.

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How digital value is poised to transform payments

Payments Dive

With the rising global adoption of digital payments, businesses that leverage digital value will better connect with customers and accelerate revenue growth.

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The Top 3 Dext Prepare Alternatives for Accounting Firms

Nanonets

A sudden and significant increase in software pricing can disrupt a business's budget and financial planning. Organizations may have allocated resources based on the previous pricing structure, and a sudden change can lead to unexpected financial strain. That’s what is happening to Dext Prepare’s users. Their accounting and bookkeeping partners woke up a few days ago to a dramatically changed pricing structure that power users believe “is a draconian increase in fees&#x

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What is PayFac-as-a-Service?

Exact Payments

What is PayFac-as-a-Service? A PayFac-as-a-Service (PFaaS) is a solution that allows non-financial businesses to act as payment facilitators or PayFacs. As is the case with all as-a-service models, PFaaS reduces the barrier to entry for many businesses by delivering a capital-intensive solution as a more affordable pay-as-you-go service. This allows its users to buy rather than build a PayFac solution from scratch, while still reaping the benefits of a traditional PayFac or payment facilitator m

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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.