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Automating Chargeback Management: First Steps & Best Practices

Fi911

Chargeback volumes have increased 25% annually over the past three years, pushing financial institutions to reconsider their manual processing approaches. With each dispute costing between $25 and $50 to process manually, automation has shifted from a nice-to-have to a business necessity for many organizations.

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Webinar Recap | Scaling Payments: Strategies to Attach and Amplify Processing Volume

Stax

Driving Processing Volume Through Seamless Attachment Integrated payments directly translate to increased processing volume. ” More volume, as Krahl reminded us, means more revenue, stickier customers, and less churn. If you’re below 50%, active measures are needed to improve. Revenue from Payments vs.

Volume 68
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FV Bank Rolls Out Virtual Account Identifiers to Automate Payment Attribution

The Fintech Times

FV Bank, a US-licensed digital bank serving small and medium-sized enterprises, has launched a new Virtual Account feature to tackle a major operational challenge in global payments: attributing high volumes of incoming transactions quickly and accurately.

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Jack Henry Selects AI Agents From boost.ai to Automate Call Volumes

The Fintech Times

By implementing boost.ai’s solution, Jack Henry hopes to automate user authentication, among other repetitive tasks, freeing up valuable time for human agents. to Automate Call Volumes appeared first on The Fintech Times. “Jack Henry’s decision to work with boost.ai

Volume 64
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Supplier order management: How a furniture retailer automated order confirmation processing

Nanonets

Additionally, three more factors made this process particularly difficult to automate: Differences in product listings Since customization was at the core of their business, they needed to track each component of a custom order separately. That's when they approached us at Nanonets. We started with order confirmations.

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Stripe’s Total Payment Volume Reaches $1.4t as Long-Standing Investments in AI Pay Off

Fintech Finance

trillion in total payment volume in 2024, up 38% from the prior year, and equivalent to around 1.3% Stripes Revenue and Finance Automation Suite, with Billing at its core, recently passed a $500 million revenue run rate. The post Stripes Total Payment Volume Reaches $1.4t of global GDP.

Volume 52
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Finance AI Chatbots for Businesses

The Finance Weekly

At their core, finance AI chatbots are virtual assistants designed to automate financial tasks and provide customers with personalized, real-time support. This automation frees up human resources for more strategic roles and ensures accuracy. Automated dashboards and custom reports. 24/7 customer support automation.

AI 130