Clearly Payments

NOVEMBER 13, 2024

Building a Strong Business Case : Acquiring banks will assess the payment processor’s business plan, compliance procedures, and financial stability. Payment processors typically must apply for membership and meet the network’s standards, including security, compliance, and transaction volume criteria.

Process

Finextra

JULY 7, 2025

Compliance is King: Navigating the Regulatory Minefield: Regulations like GDPR (General Data Protection Regulation), CCPA (California Consumer Privacy Act), HIPAA (Health Insurance Portability and Accountability Act), LGPD (Lei Geral de Proteção de Dados - Brazil) , and industry-specific mandates demand robust data privacy and security measures.

AI

Segpay

DECEMBER 13, 2024

The rise of data privacy concerns has led to a surge in global regulations, such as the EU General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA), which are drafted to protect peoples individual data protection rights. Non-compliance can lead to severe penalties, up to 4% of a company’s global revenue.

Privacy

Stax

MARCH 6, 2024

Volume-based billing: The more customers use, the less they pay per unit, incentivizing higher usage. They should include detailed explanations of billing cycles, payment amounts, renewal policies, and cancellation procedures. In addition to the two primary models, other less common types may apply to more unique business needs.

Best Practices

Nanonets

NOVEMBER 15, 2023

Staggeringly, 79% of SMEs and 68% of mid-market firms cite manual data input and inefficient procedures as their primary pain point. As your business grows, you may need to onboard more vendors, handle larger volumes of invoices, or comply with additional regulations. It complies with global privacy standards, including GDPR and CCPA.

Accounts