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Value-Added Services Hold Key To The MSP Future

PYMNTS

PYMNTS got that answer, among others, in our just-published The Key To Optimizing Merchant Services Report , done in collaboration with technology firm Endava. . The answer to that cliff-hanger opener, incidentally, is value-added services (VAS) — the growing assortment of benefits that MSPs provide to their merchant clients.

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barq Signs Agreement With Mastercard to Empower Businesses With Advanced Payment Acceptance Technology

Fintech Finance

barq , an innovative Saudi financial services startup, has partnered with Mastercard to empower its customers with a range of industry leading payment acceptance solutions through Mastercard Gateway. Mastercard has developed a world-class range of cross-border services and remittances solutions.

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Innovating Cross Border B2B Payments: It Takes An Ecosystem

PYMNTS

The current climate of innovators appears to be up for the challenge, however. Whether innovators develop new payment rails or create solutions that wield existing ones, they must take an ecosystem approach to easing friction. Accelerating Ecosystem Innovation. ” Partnerships and industry collaboration are key, he added.

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Banks Embrace Cloud, AI to Innovate and Tap Partnership Opportunities

Fintech News

The banking industry is shifting towards innovation, collaboration and customer-centricity, driven by the adoption of technologies including cloud computing, data analytics, artificial intelligence and machine learning (AI/ML), changing customer preferences, and a rapidly evolving regulatory landscape, a new report by Amazon Web Services (AWS) says.

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SWIFT To Create New Cross-Border Real-Time Rails

PYMNTS

SWIFT , a global provider of secure financial messaging services, announced Wednesday (Sept. Over the next two years, the Belgium-based cooperative said the initiative will provide transaction management services. The new approach promises to create new value-added services to support business growth.

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Can Financial Institutions Keep Up with the $33 Billion Fraud Surge?

Finextra

Reflecting on insights from last month’s Visa Payments Forum, Tareq Muhmood, SVP, Value Added Services, Europe, Visa, addresses the dramatic rise in global fraud—from $800 million in the early '90s to $33 billion in 2023.

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Visa To Acquire YellowPepper To Expand Network of Networks In LATAM

PYMNTS

With the acquisition, Visa hopes to boost its 'network of networks' strategy, reducing the time to market and costs for issuers and processors who need to access innovative operating solutions, the release says.

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