Fintech News

JANUARY 30, 2024

One of the key functions of AI in this domain is its ability to match incoming payments with outstanding invoices, thereby automating payment reconciliation and significantly reducing manual efforts. AI also plays a crucial role in identifying potential payment delays, such as disputes, and facilitates proactive resolution.

Payments Trends 112

Payments Trends Digital Currency Cross-Border Payments Distributed Ledger Technology (DLT) 112

Core

OCTOBER 4, 2023

Single-click payment portals further improve and simplify the payment experience. Greater Data Security ERP payment systems prioritize regulating and protecting sensitive payment data with compliance and security measures.

Governance 52

Governance Government Payment Reconciliation Payment Gateways 52

Stax

AUGUST 29, 2024

Step 3: Authorization, settlement, and reconciliation The payment gateway software will now send your customer’s payment information to your PSP to verify, authorize, and settle the transaction. The provider should also offer the hardware to accept physical card payments.

Payment Service Provider (PSP) 88

Payment Service Provider (PSP) Service Provider Payment Gateways Online and Mobile Banking 88

Stax

MARCH 14, 2024

On the merchant side, B2B cards come with lower processing rates if you qualify for level 2 and level 3 card processing. These levels require you to provide more transactional data and when implemented properly, you can lower your credit card processing costs significantly.

B2B 88

B2B Process B2C Credit Cards 88

PYMNTS

JULY 3, 2018

In its survey of nearly 200 accounts payable and finance executives, Ardent Partners, on behalf of Corcentric, contrasted the top performers – the top 20 percent of businesses with the lowest average invoice processing costs and shortest average invoice processing cycles – to the rest of the herd.

Accounts 41

Accounts Automation Processing Costs Fraud Prevention 41

EBizCharge

MAY 14, 2024

Payment processing: Once a customer makes a payment – through credit cards, online portals, or bank transfers – the system processes and records the payments. These late payments can trigger automatic reminders to the customers.

Automation 52

Automation Payment APIs and Integration Best Practices Online and Mobile Banking 52

Exact Payments

JANUARY 14, 2024

Integrated Payments Defined Integrated payments refer to payments made through an integrated payment system, which is a payment processing solution that is connected into a SaaS business’s existing software or hardware (such as a point of sale system, CRM, accounting software, etc.).

Payment APIs and Integration 52

Payment APIs and Integration Payments CRM Embedded Finance 52