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What is Vertical SaaS?

Stax

Software tailored to your industry? That’s the main premise of vertical SaaS. Unlike horizontal SaaS solutions that serve a broad range of businesses, vertical SaaS solutions are designed with deep knowledge of specific markets—making them more intuitive, efficient, and impactful. This article explores what vertical SaaS is, its advantages, challenges, and how companies can win in this focused, fast-growing space.

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Alipay partners with smart glasses makers for augmented reality payments

NFCW

AR PAYMENTS: Alipay plans to roll out support for payment using Meizu and Rokid AR smart glasses Alipay has announced that it has successfully conducted its first e-wallet transaction to use augmented reality smart glasses and is to roll out support for the technology to its 36 digital wallet partners around the world this year. The successful first transaction was conducted in Hong Kong using a pair of Meizu StarV Snap smart glasses linked to the AlipayHK mobile payment app.

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Request for Comments: PCI Key Management Operations (KMO) v1.0 Standard

PCI Security Standards

From 16 June to 18 July, eligible PCI SSC stakeholders are invited to review and provide feedback on the draft PCI Key Management Operations (KMO) v1.0 Standard during a 30-day request for comments (RFC) period.

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UOB Becomes Direct Participant in China’s Cross-Border Payment System

Fintech News

UOB and its wholly owned subsidiary UOB China have signed agreements to become direct participants of China’s Cross-border Interbank Payment System (CIPS). This strengthens their ability to support cross-border renminbi (RMB) transactions. CIPS, authorised by the People’s Bank of China, facilitates RMB-denominated trade, investment, and other cross-border payments.

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Breaking The Commerce Bottleneck: Your SAP Exit Plan Starts Now

Speaker: Jason Cottrell and Gireesh Sahukar

Retailers know the clock is ticking–legacy SAP Commerce support ends in 2026. Legacy platforms are becoming a liability burdened by complexity, rigidity, and mounting operational costs. But modernization isn’t just about swapping out systems, it’s about preparing for a future shaped by real-time interactions, AI powered buying assistants, and flexible commerce architecture.

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Minimum Charge for Credit Card Purchase

Cardfellow

The short answer is: Yes and no. The longer answer is that it depends on the type of card. You’ll have to follow applicable rules as well. Credit cards: Yes. It is acceptable for you to set a minimum charge on credit card purchases as long as you abide by the stipulations as set forth in your processing agreement with Visa, Mastercard and Discover.

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Need to Know | The Payment Partner of the Future: Balancing Customer Value and Business Growth

Stax

The world of payments is constantly evolving, with new technologies and shifting business demands reshaping how money moves. But what does it truly take to thrive in this dynamic environment? In an interview with Karen Webster , CEO of PYMNTS , Paulette Rowe , CEO of Stax, pulled back the curtain on the critical strategies and innovations driving the next wave of payment partnerships.

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OnAfrIQ Partners with PAPSS to Launch Cross‑Border Payment Services in Ghana

Fintech Finance

Onafriq , in collaboration with the Pan-African Payment and Settlement System (PAPSS), announced the launch of a new cross-border payment service that will initially pilot outbound transactions in Ghana. This launch operationalises the partnership established in 2022, aimed at promoting intra-African cross-border trade and enhancing financial inclusion.

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9 Fintech Brand Leaders in APAC Awarded

Fintech News

Nine fintech-focused chief marketing officers (CMOs) have been named among the most influential and purposeful marketers in Asia-Pacific (APAC), recognized by Campaign Asia-Pacific and DoubleVerify for their ability to adapt to a rapidly evolving landscape. Featured in the 2025 Asia-Pacific Power List, a curated selection of the region’s top marketing executives, these leaders are celebrated for their resilience, purpose-driven leadership, and ability to drive meaningful transformation.

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Visa says every institution that moves money will need a stablecoin strategy

Finextra

Visa is upping it game in the stablecoin market, expanding its settlement capabilities in the Europe, Middle East, and Africa (CEMEA) region to enable USD cross-border transactions through blockchain technology.

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What Is an ISO? Everything You Should Know about Independent Sales Organizations

Stax

Choosing a payment processing partner isn’t just about finding a way to accept credit cards, it’s about building the financial foundation of your business. With so many players in the payments space, from banks and fintechs to all-in-one platforms, figuring out who does what (and who’s right for you) can quickly get confusing. One option you may have come across—but might not fully understand—is the Independent Sales Organization, or ISO.

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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

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Paysend launches instant settlement accounts to enable businesses to unlock liquidity by receiving, moving and settling funds globally in real-time

The Payments Association

Earlier this month , Paysend announced the launch of Instant Settlement Accounts. This new feature enables PSPs, Banks, Marketplaces, FX Brokers and Freelancer/Contractor EOR Payroll Platforms to unlock $400 billion in liquidity trapped in cross-border payment processing. Treasurers and CFOs can receive, convert, and settle funds instantly between the UK, Europe, and North America to optimise liquidity.

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Digital Wallets: Intro to Apple Pay, Google Pay, and more

Cardfellow

But what are these digital wallets, exactly, and how do they work? And does your business need to do anything special to accept them? What is a digital wallet? A digital wallet refers to electronic devices and programs used for making payments for purchases digitally, without presenting a physical credit card, debit card, or cash. The term digital wallet may refer to both an electronic device that stores payment information (such as a smartphone) and the program or app used to make the payment.

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Jumio Rolls Out Advanced Liveness Detection to Combat Deepfakes

Fintech News

Jumio has announced the general availability of Jumio Liveness Premium with advanced deepfake detection, which it describes as its most advanced biometric liveness detection tool to date. The new solution builds on the recently launched in-house Jumio Liveness and is designed to enhance protection against sophisticated identity fraud tactics, including deepfakes and injection attacks.

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Alipay embeds payments into AR glasses

Finextra

Alipay has integrated QR code payments into augmented reality glasses from Chinese outfit Rockid to enable users to pay for products instore by looking at the label.

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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?

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NFC Forum extends contactless transaction range, adds DPP support

NFCW

In a major update to its core NFC specification, the NFC Forum has extended the standard reading range over which certified devices must be able to reliably conduct contactless transactions by a factor of four, making NFC “quicker, more reliable and easier to use than ever.” NFC Release 15 extends the range of certified compliant NFC contactless connections up to 2cm, from 0.5cm.

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APP fraud: Mid-year review

The Payments Association

APP fraud reimbursement: A six-month policy review 16 June 2025 by Payments Intelligence LinkedIn Email X WhatsApp What is this article about? The early impact of the UK’s mandatory reimbursement policy for authorised push payment (APP) scam victims, implemented in October 2024. Why is it important? It assesses whether the new policy is effectively protecting consumers and reducing fraud, while also highlighting ongoing challenges and debates about a broader, cross-sector approach to tackl

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Tensec raises $12M to boost growth

Payments Dive

Skip to main content CONTINUE TO SITE ➞ Dont miss tomorrows Payments industry news Let Payments Dives free newsletter keep you informed, straight from your inbox. By signing up to receive our newsletter, you agree to our Terms of Use and Privacy Policy. You can unsubscribe at anytime. Deep Dive Opinion Library Events Press Releases Topics Sign up Search Sign up Search Retail Banking Restaurants Regulations & Policy Risk Technology B2B An article from Dive Brief Tensec raises $12M to boost gr

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Summit Lays Off Over a Third of Staff Following Rebrand, Strategic Refocus

Fintech News

Summit, the fintech firm previously known as Spenmo, has laid off 24 employees out of its 64-person team across Singapore, Indonesia and India. The job cuts, which impacted staff across all departments, were first reported by Tech in Asia and confirmed by a retrenched employee. Staff were notified of the layoffs through an internal email sent on Wednesday.

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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.

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How to Make Board Reports that Drive Decisions

The Finance Weekly

Board reports that actually get read, let alone drive decisions, can feel like trying to get a Slack response on a Friday afternoon.You spend hours chasing data, formatting slides, and crafting the perfect executive summary. Then comes the meeting, and half the board is flipping through the deck. The other half? Still asking for metrics that were already on page three.The problem?

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Sezzle files antitrust suit against Shopify

Finextra

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Open banking survey 2025: Insights from 500 UK SMEs

The Payments Association

Open banking survey 2025: Insights from 500 UK SMEs 16 June 2025 by Payments Intelligence LinkedIn Email X WhatsApp What is this article about? A survey of 500 UK SMEs exploring their awareness, attitudes, and adoption barriers around open banking as a payment method. Why is it important? It reveals a fragmented landscape where no single benefit or barrier dominates, highlighting the need for education, clarity, and trust to drive adoption.

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Adyen and Booking.com: A global merchants selection framework on LPM expansion

Payments Dive

Local payment methods are outpacing traditional options. Discover how strategic payment choices are becoming revenue drivers, not just costs, for global businesses.

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Secrets of a Successful Sale: Optimizing Your Checkout Process

Speaker: David Nisbet, Everett Zufelt, and Michaela Weber

Once upon a time, in the vast realm of online commerce, there lived a humble checkout button overlooked by many. Yet, within its humble click lay the power to transform a mere visitor into a loyal customer. 🧐 💡 Getting checkout right can mark the difference between a successful sale and an abandoned cart, yet many businesses fail to make payments a part of their commerce strategy even when it has a direct impact on revenue.

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Mastercard Reduces Cloud Onboarding Time by Up to Four Times

Fintech News

Mastercard announced that banks and fintechs in Asia Pacific can now connect to its network up to four times faster through its cloud-based solution, Mastercard Cloud Edge. The service, developed in partnership with providers including Amazon Web Services (AWS) , is aimed at helping firms roll out new payment tools more efficiently. Cloud Edge enables issuers, acquirers, network enablement partners, processors, and other payment providers to connect directly to Mastercard via cloud infrastructur

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Big Brands Are Issuing Their Own Stablecoins– Is Yours Next?

Finovate

Stablecoins are blowing up the financial ecosystem. They are quickly evolving from a crypto-native concept into a mainstream financial tool. As proof, we saw news last week that major retailers Walmart and Amazon are exploring developing their own stablecoins. If retailers are jumping onto the stablecoin bandwagon, should your firm or fintech be considering doing so, too?

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Payment infrastructure startup Polar raises $10 million

Finextra

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Offline settlements with a digital pound: Lessons from the BoE’s report

The Payments Association

Offline settlements with a digital pound: Lessons from the BoE’s report 16 June 2025 by Payments Intelligence LinkedIn Email X WhatsApp What is this article about? A Bank of England experiment proving that offline payments with a digital pound are technically feasible, but complex. Why is it important? It highlights major trade-offs in security, privacy, and policy that must be addressed before offline CBDC payments can scale.

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From Rigid To Resilient: Why Enterprises Need Modular Commerce Now

Speaker: Benjamin Woll, Tiffany Spizzo, and Jaime Santos Alcón

Enterprise commerce is at an inflection point. Rigid, monolithic platforms slow brands down, but a full replatforming is disruptive and costly. Modular architecture offers a flexible, scalable alternative - allowing enterprise brands to modernize without ripping and replacing their entire stack. Learn how a composable approach helps modernize commerce stacks while maintaining control over critical systems.

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BNY’s roadmap to international instant payments

Bank Automation

BNY is working to expand cross-border, instant payments to new markets through the remainder of 2025 and into 2026. “We’ve been really focused on international real-time payments,” Carl Slabicki, executive platform owner of treasury services at BNY, told Bank Automation News. “How do we bridge cross-border money movement into an instant 24/7 world.

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Thailand Grants Virtual Bank Licenses to Krung Thai, AIS, SCB X, and KakaoBank Consortiums

Fintech News

Thailand’s Ministry of Finance, with the advice of the Bank of Thailand (BOT) , has announced the approval of three applicants to establish virtual banks in Thailand, following the conclusion of a rigorous review process carried out under the Notification of the Ministry of Finance dated 20 February 2024. This notification outlined the rules, procedures, and conditions for the application and issuance of virtual bank licenses.

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Samsung rolls out NFC P2P payments in the US

NFCW

TAP TO TRANSFER: NFC P2P feature lets Samsung Galaxy users tap their phones to send money Samsung Galaxy owners in the US can now transfer funds directly to a contact’s bank account by just tapping their two phones together — or by simply bringing the recipient’s contactless bank card into close proximity. “Samsung Wallet’s new feature, Tap to Transfer, enables you to send money to your friend’s or family member’s bank account associated with their debit card

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Coinbase launches stablecoin payments service

Finextra

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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.