Trending Articles

article thumbnail

Free Credit Card Machine = An Expensive Proposition

Cardfellow

You are virtually guaranteeing that you will overpay for credit card processing if you’re comparing processors based on which ones are willing to provide a free terminal. The Economics of “Free” Credit card processing is a for-profit business, and the average basic machine costs a processor anywhere from $100 to $300. If a processor provides a business with a free machine, it begins the relationship at a loss equal to the value of the terminal.

article thumbnail

Payment orchestration: Beyond transaction routing

The Payments Association

Modern payment orchestration platforms now serve as strategic infrastructureoptimising performance, compliance, and customer experience at scale. Traditionally, payment orchestration platforms were designed to serve a straightforward function: routing transactions between merchants and various payment service providers (PSPs). However, in todays increasingly complex digital commerce landscape, the scope of payment orchestration has expanded far beyond mere transaction routing.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Hack could cost Coinbase up to $400M

Payments Dive

The crypto exchange is offering a $20 million reward for information leading to the hackers’ arrest. Coinbase terminated customer support agents who leaked customer data.

89
article thumbnail

PCI SSC Launches New PIN Listing Program

PCI Security Standards

The PCI Security Standards Council (PCI SSC) announced that it has launched its own PIN Listing Program. This Program brings an important security service listing to the community, representing another step in the Councils mission to secure payments worldwide.

article thumbnail

A Roadmap For Modernization: How To Break Free From Your Monolith Before July 31, 2026

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.

article thumbnail

Need to Know | Embedded Finance Unlocks Value for Underserved Small Business Sectors

Stax

The rapid evolution of embedded payments is reshaping industries and unlocking new opportunities, particularly for small business sectors that have often been overlooked. Adam Gray , Chief Transformation Officer at Stax, recently sat down with Hal Levey of PYMNTS to discuss emerging trends in payment processing and vertical integration. By enabling more tailored solutions, streamlining operations, and addressing vital concerns like fraud and security, embedded finance is becoming a crucial driv

article thumbnail

Credit Card Machine Companies

Cardfellow

Some credit card machine companies also provide merchant accounts, while others are solely equipment manufacturers. Well take a look at why that matters and give a rundown of the major equipment providers in the United States. This article is specifically about credit card machine companies, not the machines themselves. Need details on particular machines?

More Trending

article thumbnail

Why Mastercard invested in Corpay

Payments Dive

The $300 million infusion in a cross-border partner creates a complementary tie, the network’s CFO said. It also comes as headwinds rise on that front.

article thumbnail

CaixaBank and BBVA process first Requests to Pay between banks in Europe

Finextra

CaixaBank and BBVA have teamed up with Spanish payments outfit Iberpay to process the first Requests to Pay between banks in Europe.

Process 81
article thumbnail

FIs, regulators rev up anti-fraud strategies

Bank Automation

The democratization offered by AI is making it easier for low-skilled, inexperienced bad actors to launch high-impact schemes. Even the deep web, which unlike the dark web, includes hidden parts of the internet that can be accessed without a special browser for maintaining anonymity, can be a hotspot for fraudsters, Alex Hall, trust and safety […] The post FIs, regulators rev up anti-fraud strategies appeared first on Bank Automation News.

article thumbnail

StraitsX Teams Up With Ripple to Launch XSGD Stablecoin on XRP Ledger

Fintech News

StraitsX has launched its Singapore dollar-backed stablecoin, XSGD, on the XRP Ledger (XRPL), marking a new phase in its collaboration with Ripple to support real-time digital payments across Asia. The deployment brings XSGD to a blockchain designed for large-scale tokenisation, enabling real-time payments and programmable financial flows for developers, fintechs, and institutions.

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

IDEMIA secure transactions and Česká spořitelna unveil limited-edition light-up card for gamers

The Payments Association

esk spoitelna, the Czech Republics largest and oldest-standing bank, haspartnered withWarhorse Studios, a world-leading Czech gaming studio, on one of the most highly anticipated games of 2025: Kingdom Come: Deliverance II. The card technology is based on ISTs IDEMIA Starlight card technology, which lights up a distinctive pattern when placed near an NFC-enabled deviceno battery is required.

article thumbnail

Let’s scrap paper checks

Payments Dive

If the federal government can ditch paper checks, so can the private sector, one industry CEO contends.

Checks 89
article thumbnail

Don’t Lease a Credit Card Machine!

Cardfellow

It’s that simple. The article below will provide plenty of reasons why you shouldn’t lease a credit card machine, and this page from the Attorney General of NY involving a large leasing company is further proof. Credit Card Machine Leases are Nonsense! Thankfully, the practice of leasing credit card machines has been declining in recent years, but some processors just can’t seem to let the cash cow go.

article thumbnail

Liquidity, Trust, and Risk in the Digital Asset Space: Interview with Arthur Azizov

Fintech Weekly

Arthur Azizov shares his insights on liquidity, trust, and risk in the digital asset space, offering valuable lessons for fintech professionals navigating crypto markets.

Risk 78
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

Mastercard partners with MoonPay to support stablecoin payments

The Paypers

Mastercard and crypto infrastructure provider MoonPay have announced a collaboration aimed at integrating stablecoin payments into the global card network.

article thumbnail

Encryption vs. Tokenization for Banking and Payment Professionals

Fi911

Data protection is a top priority in banking and payment systems, where sensitive information such as cardholder details and personal data are frequently exchanged. The rapid rise in cybercrime and data breaches makes robust security frameworks indispensable for financial institutions. Two key technologies, Encryption and Tokenization, are at the forefront of safeguarding sensitive information.

article thumbnail

Toast targets entertainment venues

Payments Dive

The digital processor signed a Dallas-based chain of driving ranges as a customer in the first quarter, and has made a push to add movie theaters, bowling alleys and arcades.

article thumbnail

FinTech North Leeds: Innovation, Investment and a Pitch for the Future

The Fintech Times

Leeds played host to the latest FinTech North conference this week, drawing over 250 attendees from across the UKs fintech ecosystem. This years event also marked the debut of the Innovate Finance Pitch360 competition in the region, giving startups a platform to pitch live in front of an expert judging panel. Among those making a flying visit to the event was Tracy Brabin, Mayor of West Yorkshire, who stopped by mid-morning before heading off to catch a train to Bradford to meet the King Charles

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

Sunline Partners with FPT to Advance Core Banking Modernisation Efforts

Fintech News

Core banking solutions provider Sunline has signed a strategic partnership agreement with global IT firm FPT Corporation to support banking transformation efforts in Thailand and international markets. The memorandum of understanding (MoU) was formalised during the official visit of Thai Prime Minister Paetongtarn Shinawatra to Vietnam and at the VietnamThailand Business Forum 2025.

article thumbnail

Citi joins Series A for AI-powered B2B embedded finance platform CrediLinq

Finextra

AI-powered B2B embedded finance platform CrediLinq has closed a $8.5 million Series A funding round led by OM/VC and MS&AD Ventures.

article thumbnail

payabl. and ClearBank Join Forces to Enhance UK Payment Services

Fintech Finance

Leading European financial technology provider payabl. has partnered with ClearBank , an enabler of real-time clearing and embedded banking, to expand its UK payment services and enhance security for businesses. Through this collaboration, payabl. now provides businesses with seamless access to all major UK payment schemes – Faster Payments, BACS, and CHAPS – enabling real-time transactions in GBP.

article thumbnail

Fitch Ratings gains 40% efficiency with AWS gen AI tool

Bank Automation

Fitch Ratings has deployed gen AI within its software maintenance and development, gaining significant efficiency in the process. The global financial services ratings agency deployed Amazon Web Services Amazon Q last year to update its JavaScript written code, Aleks Hagy, head of ratings development, said during the AWS Financial Services Symposium in New York on […] The post Fitch Ratings gains 40% efficiency with AWS gen AI tool appeared first on Bank Automation News.

AI 59
article thumbnail

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.

article thumbnail

“We Want to Do More with Less” — Credit Unions Speak in FinovateSpring Spotlight

Finovate

FinovateSpring showcased credit unions and the fintechs that innovate for them in its Credit Union Spotlight last week. The closed-door session”a safe space for credit unions” in the words of CURQL’s Nick Evenswas exclusively to provide credit union executives with a unique opportunity to discuss their challenges directly with fintech providers.

article thumbnail

Kaweewut Temphuwapat Named New CEO of SCB 10X

Fintech News

SCB 10X , the investment arm of SCBX Group, announced the appointment of Kaweewut Temphuwapat as its new Chief Executive Officer (CEO), effective 16 May 2025. In his new role as CEO, Kaweewut will guide SCB 10X as it continues to invest in technology and pursue innovation. SCB 10X currently manages assets exceeding $600 million globally. Kaweewut will also continue in his current position as Chief Innovation Officer of SCBX.

Web 3.0 75
article thumbnail

Is it time for a new credit card machine?

Cardfellow

But even if your machine still works, there are other factors to consider, including security, modern payment methods, and customer experience. In this article, Ill go over key considerations to help you weigh the timing for upgrading your processing equipment. Obvious Signs That Its Time for a New Credit Card Machine Of course, the most obvious signs that its time for a new credit card machine are any that indicate the system is failing.

article thumbnail

FPC 2025 Fall Member Meeting

Faster Payments Council

The 2025 Fall Member Meeting is set to gather FPC members for two days of insightful presentations, dynamic panel discussions with industry experts, timely roundtables, and valuable networking opportunities. Dive into the latest trends and challenges in faster payments, and connect with peers and leaders in the field. This event will take place on September 3-4, 2025, at the Westin Portland Harborview Hotel located at 157 High Street, Portland, Maine 04101.

FPC 79
article thumbnail

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.

article thumbnail

FCA Must Prioritise Faster, More Secure Payments, Say High-Risk Finance Businesses as PSR Is Wound Down

Fintech Finance

As the Financial Conduct Authority (FCA) prepares to take over full responsibility for regulating UK payments, new research from Equals Money reveals that combating fraud and tackling widespread delays are top priorities for higher-risk players in the industry. A Censuswide survey of 500 senior leaders in the UK’s money service sectors with elevated risk profiles – including wealth management firms, crypto and gaming firms – found that nearly half (48 per cent) say fraud is the

Risk 52
article thumbnail

Golfbreaks partners with APEXX Global for its payment orchestration strategy

The Paypers

APEXX Global , a payment orchestration platform, has entered into a collaboration with Golfbreaks , becoming the latter’s exclusive payment orchestration provider.

article thumbnail

Vietcombank Adopts Salesforce Platform to Modernise Banking Services

Fintech News

Vietcombank has begun implementing a suite of Salesforce solutions to support its digital transformation, aiming to streamline operations and improve customer engagement across its retail and corporate banking services. The Vietnamese lender is deploying Salesforces Financial Services Cloud, CRM Analytics, Marketing Cloud, and MuleSoft as part of its efforts to consolidate banking functions onto a single platform.

CRM 60
article thumbnail

Coinbase automates 64% of all customer interactions with gen AI

Bank Automation

Coinbase is deploying machine learning, AI and generative AI to automate customer interactions and combat fraud. The crypto exchange and trading platform is working with Amazon Web Services to deploy AI and gen AI technology for internal and external chatbots, Alex Reeve, director of product management, said May 15 during the AWS Financial Services Symposium […] The post Coinbase automates 64% of all customer interactions with gen AI appeared first on Bank Automation News.

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.