Clearly Payments
FEBRUARY 3, 2024
Risk Mitigation: Since BNPL providers assume the risk of non-payment, merchants are protected from default or chargeback issues, reducing their financial exposure. Stay abreast of industry trends and BNPL innovations to remain agile and capitalize on emerging opportunities.
Stax
AUGUST 22, 2024
However, there are steps you can take to protect your PayFac business and sub-merchants as much as possible from the potential impact of a risk. Review your risk mitigation and risk acceptance policies regularly and update them. There’s no need to have industry professionals on your roster all year round.
Nanonets
SEPTEMBER 22, 2023
Effective vendor management contributes to cost optimization, risk mitigation , and quality assurance. Risk mitigation : Thorough vendor evaluation and ongoing monitoring can minimize the risks associated with disruptions, delays, or subpar product or service quality.
Segpay
SEPTEMBER 30, 2023
Additionally, staying informed about industry trends and consumer preferences is crucial. Segpay is a high-risk payment processor with expertise in handling transactions for businesses operating in industries like CBD.
FloQast
NOVEMBER 20, 2023
While the exact factors might vary from company to company, some common areas of focus include the following: The Industry and Regulatory Environment Understanding the industry-specific risks and regulatory requirements is crucial.
The Fintech Times
DECEMBER 15, 2023
“Organisations will need to consider the new industry trends with cross-border payments alongside new banking standards and practical applications of current and upcoming developments. Inevitably this means that B2B payments will attract greater friction in terms of authentication and consent.
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