Sat.Jul 08, 2023 - Fri.Jul 14, 2023

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The FedNow® Service takes instant payments to a new level

Payments Dive

The Federal Reserve in July is launching the FedNow Service, an instant-payment service that will help banks and other financial institutions better serve consumers and businesses.

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Paving the Way: Inspiring Women in Payments - A Q&A featuring Kristine Harper

PCI Security Standards

With increased awareness of unconscious bias, and many initiatives supporting women in technology, security, and payments today, Kristine Harper sees a future where gender is not the only thing that sets women apart from men for leading roles in the industry. Instead, she says that experience, education, intelligence, and proven results will be the deciding factor when choosing between a man and a woman for the same position.

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Automating Invoice Processing with OCR and Deep Learning

Nanonets

This post is mostly going to focus on invoice OCR and invoice information extraction using OCR and deep learning. We will also touch upon what is wrong with the current state of invoice recognition OCR and information extraction in invoice processing. For a long time, we have relied on paper invoices to process payments and maintain accounts. Reconciling invoices typically involves someone manually spending hours browsing through several invoices and jotting things down in a ledger.

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Boosting SaaS Business Productivity from the Comfort of Your Home

Agile Payments

Boosting SaaS Business Productivity from the Comfort of Your Home

Product 88
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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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Fed touts FedNow’s fraud tools

Payments Dive

Cleveland Fed President Loretta Mester in a speech this week spelled out tools the new instant payments system will have for thwarting fraud.

Fed 148
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Kunji Finance integrates with GMX

The Paypers

India-based Kunji Finance has partnered with decentralised exchange GMX to improve the former’s position as a decentralised asset management platform.

Finance 66

More Trending

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Payment vs Invoice: The Full Guide

Agile Payments

Payment vs Invoice: The Full Guide

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Will Toast get burned by 99-cent fee?

Payments Dive

The restaurant payments software company’s rivals needled Toast over the addition of a fee to be paid by consumers.

Consumer 148
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EU Commission adopts a new strategy on Web 4.0 and virtual worlds

The Paypers

The EU Commission has adopted a new strategy on Web 4.0 and virtual worlds to ensure an open and inclusive digital environment for EU citizens.

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Next-Generation Payments in Aotearoa, New Zealand: A new dawn for growth

ACI Worldwide Blog

The relatively small scale of the Aotearoa market may discourage a high level of capital investment in payments infrastructure seen in markets such as Australia. Yet that shouldn’t be an obstacle to creating a highly resilient, agile, secure, extensible and scalable next-generation payments system. The post Next-Generation Payments in Aotearoa, New Zealand: A new dawn for growth appeared first on ACI Worldwide.

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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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The Power of Online / Web Payments

Core

Increase Convenience and Improve Speed-to-Payment The current payment experience is riddled with a few challenges for consumers. With the average U.S. household paying at least 10 bills per month , consumers have multiple payment reminders and bills to manage. With 29% of U.S. consumers living on a variable income each month, at least 16% of households delay at least one bill each month.

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Merchant Lynx Services acquires National Credit Card Processing Group

Payments Dive

The purchase gives Merchant Lynx Services a payment acceptance presence in the highway construction and large equipment sector, a Merchant Lynx executive said.

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BEST Vietnam and VNPAY partner to facilitate cashless payments in Vietnam

The Paypers

Supply chain solutions and logistics services provider BEST Vietnam and Vietnam-based digital payment solution company VNPAY have partnered.

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Live-streaming Shopping in China: A new Shopping Trend in the digital Era

PayXpert

With the continuous development of global e-commerce and the impact of the pandemic on physical stores, consumer shopping habits have been rapidly changing. As a result, the live-streaming shopping industry in China has experienced significant growth in recent years. In 2016, Chinese retail giant Taobao (Alibaba group) pioneered an innovative shopping approach by linking an e-store with an online live-stream broadcast, allowing customers to watch and shop simultaneously.

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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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6 Signs Reconciliation Inefficiencies Are Burdening Your Business

ACI Worldwide Blog

In the battle to win sales in a market that’s increasingly shaped by intense competition, rapid change and economic disruptors, the customer experience is now king. With much of a merchant’s focus on front end functionality, back-end processes like payments and account reconciliation are often inadvertently relegated to the back seat. The post 6 Signs Reconciliation Inefficiencies Are Burdening Your Business appeared first on ACI Worldwide.

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Twitter snags money transfer license in Arizona

Payments Dive

That’s the fourth state in which the social media company has received a license, inching it closer to creating the payments tool and super-app envisioned by owner Elon Musk.

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How to Secure an Android App with AES

M2P Fintech

We live in a world of super apps , where data protection must be prioritized above everything. Safeguarding mobile app information from unauthorized access is imperative to prevent cyber-attacks. AES and ECDH To address security challenges, advanced encryption and decryption mechanisms must be integrated into the Android applications. By implementing robust encryption algorithms such as AES (Advanced Encryption Standard), and incorporating secure key exchange protocols like the Elliptic Curve

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Southwest Airlines taps MOST for inflight retail

The Paypers

Southwest Airlines has tapped US-based payment technology solutions company MOST to power its inflight retail experience.

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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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Payment Gateways vs. Payments Orchestration: What’s the difference, and why it matters

ACI Worldwide Blog

Payment gateways and payments orchestration both help merchants to process payments, but they operate differently and offer their own distinct advantages. Here, we explore their unique selling propositions, key benefits and considerations to help you choose the right solution for your business. The post Payment Gateways vs. Payments Orchestration: What’s the difference, and why it matters appeared first on ACI Worldwide.

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Apple debuts recurring payments

Payments Dive

The tech giant, now valued at $3 trillion, is continuing to expand its financial offerings after debuting a buy now, pay later feature and a savings account earlier this year.

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APIs in financial services: keys to successful adoption

Axway

Software is eating the world. While penned more than a decade ago by Marc Andreessen, the idea has only grown with the rise of APIs in financial services.

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Solar Analytics launches Integrated+ consumption monitoring system

The Paypers

Australia-based independent third-party solar and energy monitoring provider Solar Analytics has launched the Integrated+ monitoring system.

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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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Attain Exclusive Add-Ons With Coinremitter’s Premium Plan

CoinRemitter

Coinremitter offers two plans to the merchants who are utilizing its crypto payment gateway services for accepting crypto payments, a free one and a premium one. The free plan also has its benefits when we compare it to some other market players. But with the premium plan , merchants can break the barriers of a few limitations and unlock some exclusive features that can enhance your experience of accepting crypto payments.

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CFPB urged to abolish deferred interest

Payments Dive

Panelists who spoke during the agency’s Tuesday hearing on medical billing and collections identified deferred interest credit cards as a prime culprit saddling patients with medical debt.

CFPB 78
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How to Document a Test of Control for Purchases Controls?

Nanonets

In today's business landscape, organizations face a myriad of challenges related to financial integrity, regulatory compliance, and operational efficiency. Among the critical areas that require careful attention is the control of purchasing activities. Effective purchases controls ensure compliance with regulations, mitigate risks and promote operational efficiency.

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Pushing Fraud Controls to the Next Level

Finextra

Isabel Schmidt, Co-Head of Global Payments Products, BNY Mellon, joins us at EBAday 2023 to discuss real-time payments and the ways to improve fraud controls with data validation services and cross-industry collaboration.

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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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Payment Asia launches AI-powered processing service

The Paypers

Payment solutions provider Payment Asia has announced the launch of an AI-powered processing service set to raise ESG standards for payment solutions in Hong Kong.

AI 41
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FIS, GTCR craft Worldpay escape hatch

Payments Dive

In its recent sale of an ownership stake in Worldpay, FIS agreed that the new joint venture with GTCR could be put up for sale a handful of years after they close the deal.

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A 2023 analysis of Digital Process Automation for Electronics Manufacturers

Nanonets

This article talks about the different processes within any electronics or related manufacturing company that can be automated using AI-based tools. Heavily manual processes like trade financing documentation or accounts receivable management can now be automated up to 90% of the way using digital tools like Nanonets. Introduction In today's fast-paced business environment, electronics and related manufacturers face numerous challenges when it comes to managing the extensive documentation i

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Fintech’s Midyear Review: The Data Behind the 6 Year Low

CB Insights

Fintech funding faced another down quarter – but just how bad was it? Our analyst will explain where activity is rising and the themes emerging.

FinTech 36
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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.