Sat.Nov 18, 2023 - Fri.Nov 24, 2023

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Credit card demand remains robust, rejections rise: New York Fed

Payments Dive

As consumers have leaned on credit cards more in recent months, applications for credit card limit extensions also rose, the New York Fed said Monday.

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Thames Technology partners with IDEX Biometrics to scale distribution of biometric payment cards

The Payments Association

Thames Technology, one of Europe’s leading card manufacturers, has partnered with IDEX Biometrics, a leading provider of fingerprint identification technology, to accelerate the commercialisation at scale of biometric payment cards.

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High-Risk Payment Processing: Choosing Multiple PSPs

Basis Theory

Sophisticated high-risk merchants understand that de-risking their payments operations can truly be a game changer for their business. They see that not only is it important to choose high-quality partners that understand the nature of their business, but also to select partners that can interoperably work together to form their ideal payments stack.

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Small Business Saturday Success Tips for 2023

Stax

Small Business Saturday, or SBS, is a much-anticipated shopping event that takes place between the Black Friday and Cyber Monday holiday shopping frenzy. This day benefits local businesses since it encourages 72% of shoppers to shop and dine at small, independently-owned retailers and restaurants—not only on SBS—but year-long. This Saturday is always the last one in November, falling somewhere between November 24 and November 30.

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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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Stripe, Alaska Airlines to offer in-flight contactless payments

Payments Dive

Payments company Stripe said it’s the first time that an airline will use Apple’s contactless payments feature across an entire fleet.

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FERO raises $3M Seed Round to Pioneer Online Payment Solutions

The Payments Association

FERO is delighted to announce the successful closure of a $3 million seed round from Coatue, Volta Ventures, and Antler. This capital will enable FERO to expand and enhance its unique online payment solution to tackle the $5T of annual revenue merchants lose at the point of checkout.

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Will Black Friday and 2023 holiday sales be in the black?

Payments Next

By Jeff Domansky With Black Friday imminent, we’ve got a rundown of predictions for the 2023 holiday shopping season kickoff from US The post Will Black Friday and 2023 holiday sales be in the black? first appeared on Payments NEXT.

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Visa proposes new plan for covering litigation liability

Payments Dive

The card network’s board approved pursuing a shareholder vote on a new approach to covering potentially more than $35 billion in outstanding merchant claims against the company.

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How to make fintech expertise your No.1 marketing asset

The Payments Association

In the competitive field of fintech, the untapped power of a company's unique expertise emerges as a crucial marketing asset. Beyond generic language and clichés, success hinges on showcasing not just "what you do," but "how you do it." Defining expertise involves tailoring content to address specific client problems, supported by proof points like case studies and certifications.

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Nvidia sees Q3 surge in demand for AI solutions

Bank Automation

Chip-making behemoth Nvidia’s earnings for its fiscal third quarter were driven by a rise in data center demand, deepening relationships with cloud service providers and high demand for its GPU chips, Chief Financial Officer Colette Kress said during the company’s fiscal third quarter earnings call Tuesday. The company recorded net income of $9.

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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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Top 13 International Payment Gateways for Subscription Businesses

Chargebee

The world is a small place. If you want your business to unlock new opportunities, you’ve got to expand into new markets. The global SaaS market alone grew by 14.3% in 2022, hitting a record $242.57 billion. Yet, to create sustainable growth in new markets, companies competing within the SaaS ecosystem must ensure they have the right tools in place to facilitate sales across the globe.

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BNPL regulation could contribute to consolidation: Moody’s analysts

Payments Dive

Adapting to regulation could be a costly endeavor for BNPL companies already facing losses and more expensive funding costs, Moody’s analysts said.

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Introducing: the human-powered payments network

The Payments Association

Inpay has rebranded! ? You may have noticed Inpay is looking a bit different today. We’ve been working hard in 2023 to expand and enhance our product offering and decided to do the same with our brand. But this is about more than just colours and logos. We wanted to get to the core of what makes us so different; why our customers come to us; and why they stay with us for so long.

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Transactions: Grasshopper SaaS clients gain Capchase funding options

Bank Automation

Grasshopper Bank and startup-focused financial solutions fintech Capchase joined forces last week to offer startup funding options. Macroeconomic conditions have presented challenges for startups, Luther Liang, director of product at Grasshopper, told Bank Automation News, noting that with Capchase, the digital bank’s SaaS clients can access new funding options.

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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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BLIK expands in Romania and Slovakia

The Paypers

Poland-based mobile payment system BLIK has announced its partnership with DXC Technology in order to modernise its services and expand across Romania and Slovakia.

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Digital payments have increased restaurant tips. But is it backfiring?

Payments Dive

Some diners feel pressured by tipping digitally in front of employees, which can hurt restaurant traffic, but experts say there are best practices that can ease customer trepidation.

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Navigating the new crypto financial promotions regime

The Payments Association

On 8 October 2023, detailed new rules on the financial promotion of cryptoassets came into force in the UK, representing the very first set of conduct rules to apply to the crypto industry.

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Podcast: Why an FI’s digital maturity matters

Bank Automation

Financial institutions must review their digital maturity to remain competitive in a tech-forward market. The first step toward improving digital experiences is ensuring the FI has a solid digital foundation, Robin Smith, chief revenue officer of Praxent, tells Bank Automation News on this episode of “The Buzz” podcast.

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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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A Complete Guide to Automating Email Responses

Nanonets

Email is an essential means of communication in today's world. Whether you're a business owner, an employee, or a freelancer, you probably receive dozens, if not hundreds, of emails every day. Responding to all these emails can be time-consuming and sometimes involves doing repetitive tasks. This becomes cumbersome, especially during the work hours when you have other important tasks to attend to.

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Mastercard joint venture approved for China card processing

Payments Dive

The No. 2 U.S. card company now has a means of processing card payments inside China, after years of waiting on Chinese government approvals.

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Form3 to support Klarna’s European payments

The Payments Association

Form3, the cloud-native account-to-account platform, is delighted to announce it will be providing Klarna, the AI-powered payments network and shopping assistant, with SEPA connectivity to bolster its customer offering in Europe as part of its wider international growth strategy.

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EU banks post record earnings, UK banks struggle for deposits

Bank Automation

Major banks in the European Union and the United Kingdom benefited from high rates during the third quarter, while others competed for consumer deposits. European banks, including Deutsche Bank, ING, Santander Bank and UBS, reported the strongest performance in15 years in the first half of 2023, according to an Oct. 4 Fitch Ratings report.

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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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Mastering Black Friday and Cyber Monday With Chargebee

Chargebee

As we approach the zenith of the retail calendar — Black Friday and Cyber Monday — eCommerce leaders face the exhilarating challenge of maximizing sales while needing to deliver personalized and seamless customer experiences. The key to thriving during this high-stakes period is leveraging the right tools.

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Antitrust pressure may squeeze Google, Apple in-app fees

Payments Dive

“Apple and Google Play app store fees will be significantly lower in the medium future,” Drake Star Partner Michael Metzger predicted.

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PXP Financial taps Foregenix for risk monitoring

The Payments Association

Extended partnership between PXP Financial and Foregenix to include best-in-class eCommerce cyber security monitoring October 31, 2023 – PXP Financial, the experts in global acquiring and payment, services, today announces a new partnership agreement […] Read more

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BankUnited CTO to speak at Bank Automation Summit U.S. 2024

Bank Automation

BankUnited Chief Technology Officer Michael Lehmbeck will join the panel discussion “The AI revolution in banking: A road map for the future” at Bank Automation Summit U.S. 2024 on Monday, March 18, at 1:15 p.m. CT. The summit takes place March 18-19 at the Omni Nashville in Nashville, Tenn., and brings together U.S.

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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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Salt Bank partners with Starling Bank

The Paypers

Salt Bank has announced its partnership with Starling Bank in order to use the latter’s Engine platform for the development of digital banking solutions in Romania.

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Bill beats back Melio speculation

Payments Dive

Payments software company Bill isn’t in the market for “transformational” M&A and is more likely to pursue “tuck-in technology” type purchases, President John Rettig said on Friday.

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How payments companies can integrate ESG into their business models and the benefits of doing so

The Payments Association

Environmental, social and governance (ESG) values are here to stay, thanks to consumer and investor demand for greater transparency and social responsibility from businesses.

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5 questions with … ConnectOne Bank’s Siya Vansia

Bank Automation

ConnectOne Bank Senior Vice President and Chief Brand and Innovation Officer Siya Vansia is focused on aligning the bank’s digital and business strategies. During the third quarter, the Englewood Cliffs, N.J.-based, $9.7 billion bank invested in its people and technology, Chief Executive Frank Sorrentino said during the bank’s October Q3 earnings call.

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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.