Sat.Sep 30, 2023 - Fri.Oct 06, 2023

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Senate bill would let small businesses use SBA loans to cover fintech fees

Payments Dive

The Financial Technology Association is backing a bill that would clarify that loans made through the Small Business Administration’s flagship lending program can be used to pay for fintech services.

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When Will The US Open Banking Rule Come Into Force? 

Open Banking Excellence

Your guide to the Consumer Financial Protection Bureau's (CFPB) imminent proposals for a new regulatory framework governing “Personal Financial Data Rights” The US will propose a new “Open Banking Rule” this year which will set the foundations for an ecosystem with the potential to become the largest in the world. This game-changing regulation has been a long time in the making.

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Paving the Way: Inspiring Women in Payments - A Q&A featuring Ruth Barra

PCI Security Standards

Ruth Barra knows that when you enter a career in technology, you will never know everything. You are, in fact, signing up for a lifetime of learning. However, one of the most important aspects of lifelong learning is having the benefit of mentorships. In this edition of our blog, Ruth explains how the sharing of knowledge and lessons learned can have a significant impact on both the mentor and the mentee.

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4 Strategies to accelerate subscription model payments

Payments Next

By Jeff Sheldon, SVP Engineering, Recurly Whether at the starting line of a new subscription model or looking to tune up your The post 4 Strategies to accelerate subscription model payments first appeared on Payments NEXT.

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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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Shift4 acquires SpotOn unit for $100M

Payments Dive

With the purchase of SpotOn’s sports and entertainment business unit, Shift4 scoops up its rival’s customers in that market.

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What is a REST API, and why are they vital to the success of your business?

Axway

Ever wondered how different software applications communicate seamlessly? The secret sauce often lies in REST APIs. In today’s digital age, understanding REST APIs is not just a tech requirement but a business imperative.

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Western Union provides international payments for Morocco earthquake victims

The Paypers

US-based money transfer service Western Union has enabled international money transfers for the victims of the Morocco earthquake, as well as relief donations.

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States split over gun merchant category code

Payments Dive

California passed a law last week forcing use of a gun merchant code, but other states have done the opposite. Now, maybe Congress will act.

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FIDA, GDPR, PSD2, PSD3: banks must speed up the opening up of their information systems

Axway

The financial industry is undergoing significant regulatory changes with the introduction of FIDA, GDPR, PSD2, and PSD3. These regulations aim to improve the security and accessibility of financial data for consumers and businesses.

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OBL at the Conservative Party Conference – round-up

Open Banking

This year’s Conservative Party Conference offered a focused snapshot of the prevailing trends and challenges in the UK’s financial services sector. Several overarching themes emerged, highlighting the sector’s complex landscape and future opportunities. Topics such as innovation, regulation, and risk management were central to the discourse, suggesting a collaborative approach between government, industry, and regulators to cement the UK’s role as a global leader in financial s

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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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Sonovate secures Xero certification

The Paypers

Sonovate , a UK-based provider of funding and tech services to businesses, has obtained certification from Xero to augment reporting and reconciliation capabilities.

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Block cuts employees

Payments Dive

Jack Dorsey-led Block is the latest payments company to make staff cuts and pull back on hiring as it pursues profitable growth.

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What is Composable Commerce?

DeckCommerce

In the ever-evolving world of retail, adaptability and innovation are the keys to success. Traditional commerce platforms have long been the go-to solution, offering a one-size-fits-all approach from a single vendor. While this approach has its merits, it often falls short in meeting the diverse and evolving needs of modern branded manufacturers.

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How to build your own Zendesk Answer Bot with LLMs

Nanonets

Introduction In today’s fast-paced world, customer service is a crucial aspect of any business. A Zendesk Answer Bot, powered by Large Language Models (LLMs) like GPT-4, can significantly enhance the efficiency and quality of customer support by automating responses. This blog post will guide you through building and deploying your own Zendesk Auto Responder using LLMs and implementing RAG-based workflows in GenAI to streamline the process.

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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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NAB partners with Trovata on next-gen cash management solution

The Paypers

National Australia Bank (NAB) has partnered with fintech Trovata to launch NAB Liquidity+, an AI-enabled cash management, analytics, and forecasting platform.

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Credit card debt tops $1 trillion, before the holidays even arrive

Payments Dive

Retailers may feel the pinch, especially those whose own store cards are facing rising delinquencies and a potential cap on late fees.

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Global currencies, welcome to the future!

Currencycloud

We asked Currencycloud friend and renowned financial services blogger Chris Skinner for his views on what’s next in the world of cross-border money movement. As ever, he identifies some exciting opportunities that will impact everyone from the non-banked, all the way through to SMEs and multinationals. Read on to discover more.

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The Benefits and Challenges of a Government ERP Payment System

Core

With the ever-growing shift toward digital transactions, the need for governments to implement more extensive front- and back-end system integration is clear. The presence of outdated legacy and manual, error-prone payment processing systems only underscores this reality. Government enterprise resource planning (ERP) payment systems arise to confront these challenges.

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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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Shift4 acquires SpotOn unit for USD 100 mln

The Paypers

Payment processor, Shift4 , has acquired SpotOn’s sports and entertainment business unit for USD 100 million in cash.

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Amex pilots biometrics in online checkout

Payments Dive

The card issuer is testing fingerprint and facial recognition with a fraction of its U.S. consumer cardholders before rolling out the capabilities more broadly early next year.

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How Does Tokenisation Work in Payment Gateways?

PayXpert

Enhancing Security and Streamlining Transactions In today's digital commerce, online transactions are increasingly commonplace. The share of online purchases as a percentage of all euro area day-to-day transactions has increased significantly to 17% in 2022, up from 6% in 2019 (source: The European Bank ). This trend makes payment gateways essential for e-commerce platforms.

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Affiliate Marketing and Secure Payments

Segpay

6 minute read Affiliate marketing is a performance-based marketing strategy in which merchants or advertisers reward individuals or other businesses (affiliates or publishers) for promoting their products or services to drive sales, leads, or website traffic. It’s a mutually beneficial arrangement where the merchant and the affiliate can earn money.

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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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Coinbase gets MPI licence from the Monetary Authority of Singapore

The Paypers

Digital currency platform Coinbase has obtained a Major Payment Institution (MPI) licence from the Monetary Authority of Singapore (MAS).

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What the CFPB’s open banking push means for financial institutions

Payments Dive

“The narrative often centers around consumer empowerment, but let’s not overlook the advantages it holds” for financial institutions, writes an executive at financial connectivity company Atomic.

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France Mandates Self-Serve Cancellations for Customers. Now What?

Chargebee

On June 1, 2023, France issued a new decree to their consumer code. Now, businesses in France must include a cancel button on their website and app irrespective of how the subscription or contract was first entered (either self-serve or physically). What are the terms of the new decree? According to the decree, businesses must: All French businesses had to comply with the revised requirements of the Consumer Code by September 1, 2023.

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How to Extract Text from PDF?

Nanonets

Today, PDF documents have become a standard format for sharing and preserving information across all organizations. However, sometimes it may be required to extract the text from a PDF file for various reasons like editing, analyzing, or simply copying and pasting the content for the organization's record. There are multiple ways in which text can be extracted from PDF files.

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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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SEON launches its solutions on AWS Marketplace

The Paypers

Hungary-based SEON has announced the launch of its suite of fraud prevention solutions on the Amazon Web Services (AWS) Marketplace.

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Discover, FDIC reach consent agreement

Payments Dive

The agreement, issued last week, addresses “shortcomings” in Discover Bank’s compliance management system for consumer protection laws, the company said.

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A dynamic back office is the new business superpower

Stripe

As the global business environment grows more complex, the back office has become an important strategic lever. This week we’re adding new features to our revenue and finance automation suite that make it easier for businesses to grow revenue and streamline operations.

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Refund Scams: What They Are & How to Prevent Them

Seon

Refund scammers are hidden pests, peeling away profit from businesses behind a wall of distraction and deception. Without the right solutions, scammers go undetected because their transactions are processed and logged in the same way as legitimate ones. We look at how refund scams work and how the right precautions can stop them from damaging your business.

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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.