Sat.Jul 22, 2023 - Fri.Jul 28, 2023

article thumbnail

How FedNow may affect businesses

Payments Dive

The launch of the instant payments system FedNow last week has the potential to change how businesses manage cash flow and corporate processes. Here are six ways that could play out.

FedNow 148
article thumbnail

5 Ways Enterprises Can Stop Common  Identity Scams in Payment Systems

Agile Payments

5 Ways Enterprises Can Stop Common Identity Scams in Payment Systems

Scams 88
article thumbnail

Spotlight On: MagicCube, A New Principal Participating Organization

PCI Security Standards

While not new to the Council, current Board of Advisor member MagicCube is now a new Principal Participating Organization (PPO) at the PCI Security Standards Council! In this special spotlight edition of our PCI Perspectives Blog, MagicCube’s co-founders Nancy Zayed, CTO and Sam Shawki, CEO introduce us to their company and how they are helping to shape the future of payment security.

article thumbnail

Ripple launches CBDC pilot with Republic of Palau

The Paypers

US-based blockchain company Ripple has partnered with Republic of Palau to launch a USD-backed Palau Stablecoin (PSC) on the XRP Ledger.

CBDC 69
article thumbnail

The Evolving Retailers Fulfillment Strategy: Meeting Demands with Agility

Speaker: Becky Parisotto

Fulfillment is no longer just about getting products from point A to point B – it's about crafting seamless, scalable, customer first experiences. Flexible fulfillment strategies are more important than ever for those aiming to stay ahead and build resilience as retail enters a new era in 2025. Learn how to optimize fulfillment processes, tackle complex, multi-vendor orders, and create seamless customer experiences – from white-glove delivery for high-value items to quick-ship solutions for ever

article thumbnail

Visa CEO bashes surcharges

Payments Dive

“It’s not a great customer experience,” Visa CEO Ryan McInerney said of merchant surcharges, while speaking on an earnings webcast Tuesday.

147
147
article thumbnail

What Is Access Control? A Key Component of Data Security

Agile Payments

What Is Access Control?

More Trending

article thumbnail

Canada's financial regulator plans new guidelines for crypto asset exposure

The Paypers

Canada’s financial regulator has proposed new capital and liquidity requirements for bank and insurer crypto-asset exposure.

article thumbnail

Amex pays $15M OCC penalty

Payments Dive

The card issuer paid the fine for failing to properly monitor a third-party affiliate and in connection with its courting of small business clients, the agency said.

OCC 141
article thumbnail

How to Keep Your Passwords Safe on the Web

Agile Payments

How to Keep Your Passwords Safe on the Web Studies show that 52% of people in the world have at least five passwords. From that figure, 78% of people forget their login information. Due to this, they often do a reset to access their online accounts. One of the easiest ways to remember your passwords is to save them in your browsers. You can save them in one click or even create random passwords.

article thumbnail

Starting a new job in Treasury: Best practices and expert advice

Nomentia

We recently interviewed treasury expert Patrick Kunz, who’s been working in treasury all his life. As he mentioned himself during the webinar , “Treasury is basically all I know.

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

Revolut offers accounts for non-citizens in the US

The Paypers

Global financial super app Revolut has announced that it is now offering accounts to non-citizens lawfully in the US who do not have an SSN or ITIN.

article thumbnail

Wex acquires Ascensus unit for $180M

Payments Dive

In addition to the Ascensus health and benefits unit purchase this month, Wex this week said it will invest up to $100 million in a new venture arm.

article thumbnail

Elevate your Banking Operations with our Integrated Debit Card Management System

M2P Fintech

Debit cards are pivotal to a bank’s digital payment mix. With minimal credit and regulatory risks involved, they are safe digital payment facilitators that deliver convenient transactions, freedom from debt, and rewards. Banks leverage debit cards for higher customer acquisition, retention, and loyalty while diversifying revenue streams through transaction fees.

article thumbnail

What is document workflow management?

Nanonets

The modern business landscape is characterized by an overwhelming amount of information and documents that organizations must contend with. The global production, capture, copying, and consumption of data from various documents has been experiencing exponential growth. In 2020, the total data generated reached an estimated 64.2 zettabytes. Projections suggest that this trend will continue, with global data creation projected to exceed 180 zettabytes by 2025.

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

TotallyMoney partners with Bud to launch AI-powered payments tracker

The Paypers

UK-based credit provider TotallyMoney has chosen data intelligence platform Bud Financial (Bud) to enable customers to manage finances with the support of AI.

AI 68
article thumbnail

It’s time for a new payday approach

Payments Dive

“It's time to question whether this traditional approach to paying employees is still the most efficient and equitable,” writes one earned wage access CEO.

78
article thumbnail

Discover the story of Aastha Mittal, R&D Intern at Axway

Axway

Axway is constantly involved in the digital education of students and especially of women, who are often less represented in the tech industry. But in our different office locations, some actions are taking place.

52
article thumbnail

7 Ways Payments Orchestration is a Game Changer

ACI Worldwide Blog

As payments continues to play a starring role in competitive sales strategies, merchants are increasingly turning to payments orchestration to help them build better end-to-end customer experiences and meet increasingly demanding operational KPIs. The post 7 Ways Payments Orchestration is a Game Changer appeared first on ACI Worldwide.

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

GIM-UEMOA taps key Luxembourg players for the development of GIMpay

The Paypers

Senegal-based interbank group GIM-UEMOA has partnered with Luxembourg-based companies Suricate Solutions , LuxTrust , LuxHub , and iHub to facilitate the development of GIMpay.

article thumbnail

Fiserv, Amazon link rewards programs

Payments Dive

The new offering is available to card holders through 200 financial institutions, with an expansion of the partnership expected by the end of the year.

78
article thumbnail

The path to digital and strategic treasury

Nomentia

It’s not a secret: many industries are facing a massive transformation – the world is more globalized than ever; manufacturing of goods can happen in remote places, your business can rely heavily on the supply chain, and even your workforce may be scattered all over the globe (possibly working from home). These are just a few examples of why businesses also need to change.

article thumbnail

Online and In-Store Payment Methods for Small Businesses

PayXpert

The focus tends to be on large retailers when discussing payment offers and solutions. Multinational companies and businesses with a wide range and portfolio of customers have an annual turnover of millions of euros and, consequently, must offer and provide the widest variety of payment possibilities and options to their already large number of customers.

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

7 Ways Payments Orchestration is a Game Changer

ACI Worldwide Blog

As payments continues to play a starring role in competitive sales strategies, merchants are increasingly turning to payments orchestration to help them build better end-to-end customer experiences and meet increasingly demanding operational KPIs. The post 7 Ways Payments Orchestration is a Game Changer appeared first on ACI Worldwide.

article thumbnail

Fiserv bets on Latin America

Payments Dive

“Latin America has been a standout grower in recent quarters, and we believe it can remain so for the long term,” Fiserv CEO Frank Bisignano said Wednesday during an earnings call.

78
article thumbnail

PayHawk vs. Other Payment Processors

PayHawk

Whether it’s your first time hearing about PayHawk or perhaps you have heard of us and you’re in the market for a merchant service provider to deal with the payment processing process – you’ve come to the right place. Today, we’ll be comparing ourselves (PayHawk) to some of the biggest dogs in the payment processing industry. ** Before we dive in, you absolutely must know that PayHawk operates on a variable fee rate, and does not offer one static price, but on the same side of the coin,

article thumbnail

What is financial data extraction?

Nanonets

Extracting relevant and accurate financial data from financial and business documents is critical for effective decision-making, financial analysis, and integrity, as well as regulatory compliance. However, the process of extracting financial data can be challenging, time-consuming, and prone to errors when relying on manual processes or outdated methods.

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

Bad timing: Should US fintech still push for regulatory revolution?

Currencycloud

The American financial system is unique in its scale and complexity: the sheer size of the country and the autonomy given to individual states have left it with a web of regulations and deeply entrenched banks.

FinTech 52
article thumbnail

Mastercard waits on FedNow

Payments Dive

While Mastercard participates in real-time payment systems in other countries, it’s holding back for now on the new U.S. instant payments network.

FedNow 78
article thumbnail

Pros of Using PayPal as a Payment Processor

PayHawk

Widely recognized and trusted brand PayPal is one of the most well-known and trusted payment processors in the world. This can give small businesses added credibility and trust with their customers. Easy to set up and use PayPal is easy to set up and use, even for those without much technical experience. This makes it a good option for small businesses that may not have the resources to invest in a more complex payment processor.

article thumbnail

A Brief Summary of PSD3 and the new Open Finance rules

Open Bank Project Blog

On June 28, the European Commission (EC) published the much-awaited proposals for modernising the EU payments market and financial sector. The proposals include the revised Payment Services Directive (PSD3) combined with a new EU Payments Regulation (PSR) , as well as a framework for accessing financial data beyond payments ( FIDA ).

Rules 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.