Sat.May 13, 2023 - Fri.May 19, 2023

article thumbnail

Eight Steps to Take Toward PCI DSS v4.0

PCI Security Standards

The clock is ticking on PCI DSS v3.2.1. On 31 March 2024, PCI DSS v3.2.1 will be retired, making the transition to PCI DSS v4.0 essential for organizations involved in payment data security. To help with this transition, PCI SSC has identified eight steps you should take on your journey to PCI DSS v4.0.

PCI DSS 193
article thumbnail

PayPal considers Xoom sale: report

Payments Dive

The digital payments company is considering a sale of its Xoom cross-border business, The Information reported, citing an unnamed source.

article thumbnail

FICO and Chelsea Football Club to Raise Financial Literacy in U.S.

FICO

Home Blog Feed test FICO and Chelsea Football Club to Raise Financial Literacy in U.S. Strategic partnership between Chelsea FC and FICO aims to make a positive impact on the communities where games are played Tue, 05/16/2023 - 18:46 Saxon Shirley by Nikhil Behl Chief Marketing Officer expand_less Back to top Tue, 05/16/2023 - 18:35 Chelsea Football Club today announced a new partnership with FICO, the world’s leading provider of analytics software, solutions and services.

article thumbnail

Instant ACH Transfers Online

Payment Savvy

Our current era has been shaped by digitization with a fundamental impact on all sectors, including banking and finance, where it has brought unprecedented convenience, security, and efficiency. The backbone of these developments is none other than America’s Automated Clearing House (ACH) which facilitates seamless electronic transactions between banks and financial institutions within its network.

ACH 94
article thumbnail

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

article thumbnail

Spotlight On: Checkout.com, a New Principal Participating Organization

PCI Security Standards

Welcome Checkout.com, a new Principal Participating Organization (PPO) at the PCI Security Standards Council! In this special spotlight edition of our PCI Perspectives Blog, Colette Hanley, Vice President Technology Risk at Checkout.com introduces us to her company and how they are helping to shape the future of payment security.

article thumbnail

Card debt weighs on consumers

Payments Dive

First-quarter credit card balances jumped 17% over the same period last year, according to New York Fed data.

Fed 145

More Trending

article thumbnail

What Robinhood’s performance could signal for rival retail investment apps and their valuations

CB Insights

Robinhood ’s Q1’23 earnings paint a grim picture of the profitability and growth challenges that retail investing apps and other fintechs face today: Net losses are compounding Active users are at a fraction of previous peaks Transaction-based revenues are up and down from one quarter to the next but aren’t growing over time This is old news to the public markets, as Robinhood’s market capitalization is down 77% compared to its exit valuation at IPO in July 2021.

Research 100
article thumbnail

ACI Worldwide gets certified for the FedNow Service

The Paypers

ACI Worldwide has received certification for the FedNow Service, the Federal Reverve’s new instant payments offering, and integrated Corporate One FCU on its Real-Time Payments Cloud.

FedNow 85
article thumbnail

How to advance cross-border B2B payments

Payments Dive

“Regional regulatory bodies must work together on common financial standards that support multilateral payment systems if we are to make progress,” writes one payments professional.

article thumbnail

Prosper Extends Credit to 200K Near-Prime Clients with FICO Scores

FICO

Home Blog Feed test Prosper Extends Credit to 200K Near-Prime Clients with FICO Scores Pioneer of peer-to-peer lending marketplace in the United States wins FICO ® Decisions Award for Financial Inclusion Fri, 05/12/2023 - 03:41 Saxon Shirley by Nikhil Behl Chief Marketing Officer expand_less Back to top Fri, 05/19/2023 - 12:00 Prosper's New Card a Hit with FICO's Credit Knowhow Prosper , the first peer-to-peer lending marketplace in the United States, has used FICO® Scores for its new Prosper® C

article thumbnail

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?

article thumbnail

91 companies digitizing and accelerating the loan underwriting process

CB Insights

Loan underwriting is a slow and complex process, due to insufficient data for credit scoring, stringent risk management requirements, and highly manual processes. Fraud is also a concern. For example, 2020’s Paycheck Protection Program (PPP) dealt out upwards of $117B in loans (15% of the total) to businesses that didn’t actually qualify.

article thumbnail

Pakistan announces a ban on cryptocurrencies

The Paypers

The government of Pakistan has announced that cryptocurrencies will never be legal in the country in a bid to prevent illegal digital currency transactions.

article thumbnail

Fed official stresses importance of dollar’s standing

Payments Dive

“For the dollar to maintain its status, it is important for U.S. elected officials and other policymakers to make decisions that instill confidence in our economy and institutions,” a New York Fed official said Thursday.

Fed 88
article thumbnail

5 Common Challenges of RFPs for Content Management and Payment Processing

Core

Government agencies rely on request for proposals (RFPs), but that process can be lengthy and complicated as you work to ensure accuracy and completeness. It is not out of the ordinary for RFP complexity to cause delays and demand more time and government resources than initially allocated. With a streamlined RFP system, your agency can boost procedural efficiency and productivity across every stage of an RFP for content management and payment processing.

RFP 52
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

Analyzing Nasdaq’s growth strategy: How the capital markets giant is diversifying its tech offerings

CB Insights

The Nasdaq Stock Market is home to over 4,200 listed companies with a combined market capitalization of approximately $19.3T, as of year-end 2022. But more broadly, Nasdaq is a global capital markets tech company that builds and sells financial software to corporations, investors, and other marketplaces. These offerings range from platforms focused on data management for environmental, social, and governance (ESG) initiatives to portfolio analytics for asset managers.

article thumbnail

Klarna research: AI, AR, VR to support future shopping

The Paypers

Global payments and shopping service Klarna has released data that reveals AI, AR, VR, and robots are likely to support and dominate the future shopping landscape.

AI 68
article thumbnail

Global Payments execs hint at B2B acquisition

Payments Dive

Global Payments isn’t looking for more acquisitions — except in the B2B space, its outgoing CEO said.

article thumbnail

Dock Stops Over USD$50m a Month in Fraud Using FICO Technology

FICO

Home Blog Feed test Dock Stops Over USD$50m a Month in Fraud Using FICO Technology Brazilian fintech platform enhances pay-as-you-go fraud solution and wins FICO ® Decisions Award for Fraud Management Fri, 05/12/2023 - 08:33 Saxon Shirley by Nikhil Behl Chief Marketing Officer expand_less Back to top Thu, 05/18/2023 - 12:00 Innovative Pay-as-you-go Fraud Solution Dock , a global technological platform for financial services, is using FICO fraud prevention technologies to stop more than USD$50 mi

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

Accelerate your enterprise API strategy with Axway Catalysts

Axway

The right technology is the secret sauce for your API-first strategy, but it’s not the whole enchilada. That’s why the Axway Catalysts help winning enterprises make better decisions about enterprise API strategy and how to transform their businesses.

API 52
article thumbnail

R1SE partners with Shufti Pro to safeguard gamers from threats

The Paypers

Dubai-based gaming platform R1SE has partnered identity verification solution provider Shufti Pro to deliver secure gaming services for its customers.

article thumbnail

Bill Holdings discloses ‘material weakness’

Payments Dive

Despite that finding, the company noted an independent auditor’s evaluation of the company’s 2022 financial statements “remains unchanged.

88
article thumbnail

High-Risk Business with Stripe, PayPal, Square, Venmo

Payment Savvy

Certain activities, or the industry you work in, may cause payment processors to characterize your merchant account as high risk. It isn’t uncommon for some businesses to process online payments and get higher-than-average returns, but your reputation and industry play an important role. Having your merchant account suspended will undoubtedly lead to revenue loss and customer satisfaction, so knowing how to avoid the ban is pivotal.

Venmo 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

FICO Platform Gets 19 Major Enhancements in Applied Intelligence

FICO

Home Blog Feed test FICO Platform Gets 19 Major Enhancements in Applied Intelligence Innovations in analytics & machine learning, decision management, mathematical optimization, and business simulation mark Summer 23 release Tue, 05/16/2023 - 15:21 NicholetteLarsen@fico.com by Bill Waid Chief Product and Technology Officer expand_less Back to top Wed, 05/17/2023 - 11:30 Today we announced the FICO® Platform Summer ’23 release with a collection of 19 new and major improvements to the leading Appl

article thumbnail

European Banking Authority voices concerns over large stablecoins

The Paypers

Representatives from the European Banking Authority have expressed their concerns over large stablecoins and their effect on public policy goals.

article thumbnail

Worldpay spin-off hands FIS mixed bag

Payments Dive

The payments processing and technology company will keep a stake in the Worldpay unit, but take on higher-interest-rate debt.

Process 97
article thumbnail

The Fed says banks need to know where their APIs are. An API marketplace can help reduce risks.

Axway

Do you know where all your APIs are – or how many you have? If someone visited your bank’s headquarters today and asked to see them, would you be able to produce a list on the spot?

API 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

Reducing SaaS spend in 2023

Nanonets

Software-as-a-service, or SaaS, is a cloud-based delivery model that allows users to access software applications through subscriptions rather than purchasing and installing them. The service providers host the software on their servers and make it available to subscribed customers through web browsers, mobile apps, and APIs. Compared to traditional software delivery models, SaaS offers many benefits to users, including lower upfront costs, scalability, flexibility, and accessibility.

article thumbnail

Polygon ID partners Verida for zero knowledge credentials

The Paypers

Polygon ID has partnered with Australia-based Verida to help the latter launch a mobile crypto wallet supporting zero knowledge credentials.

article thumbnail

ACI boots chief technology officer

Payments Dive

ACI Worldwide has fired its chief technology officer just as it’s gearing up for the FedNow real-time payments system.

article thumbnail

AGL Boosts Payments 40% with FICO's Personalised Digital Collections

FICO

Home Blog Feed test AGL Boosts Payments 40% with FICO's Personalised Digital Collections Leading Australian essential service provider uses FICO Customer Communication Services and wins FICO ® Decisions Award for Debt Management Thu, 05/11/2023 - 07:32 Saxon Shirley by Nikhil Behl Chief Marketing Officer expand_less Back to top Mon, 05/15/2023 - 12:00 Early Adoption Increases Payments by $19M Leading Australian integrated essential service provider AGL has partnered with FICO to deliver a next-g

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.