April, 2023

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Same-day ACH payments soar

Payments Dive

The dollar value of same-day ACH payments nearly doubled in the first quarter as the volume increased 20.7%, Nacha said this week in a quarterly update.

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CFO Pros on the Move: March

The Finance Weekly

The state of the economy has been a topic of concern for many businesses for quite some time now. With the possibility of a recession looming over us for the past 18 months, companies are treading cautiously when it comes to their financial decisions. However, amidst this uncertainty, the need for qualified CFOs remains as crucial as ever. CFO Pros on the Move March 2023 Steve Nave | Funko Funko, the pop-culture toy company, has named , Steve Nave as its CFO and COO.

Finance 130
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What is document processing?

Nanonets

Documents are ubiquitous in business and serve as the foundation for data, information, and knowledge. From invoices and contracts to emails and memos, documents are an essential part of the daily document processing workflow.   According to Statistica.com , there has been an exponential increase in the total amount of data (from various documents) being created, captured, copied, and consumed globally.

Process 98
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Paving the Way: Inspiring Women in Payments - A Q&A featuring Nancy Zayed

PCI Security Standards

Nancy Zayed recognizes that there is a significant underrepresentation of women in science, technology, engineering, and math (STEM) professions with a variety of factors contributing to this imbalance. But, as the cofounder and Chief Technology Officer of her own software payment security company, she chose not to be influenced by these facts and instead became an example of how women can achieve success in these industries.

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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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Advancing the Science of Optimization: FICO & Zuse Institute Berlin

FICO

Home Blog FICO Advancing the Science of Optimization: FICO & Zuse Institute Berlin FICO partners with Zuse Institute Berlin on critical research into mathematical optimization FICO Admin Tue, 02/18/2020 - 14:57 by Oliver Bastert Vice President, Product Management expand_less Back To Top Mon, 04/03/2023 - 11:45 As a result of the pandemic, interest in mathematical optimization has risen to new heights.

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Income Per Capita – Meaning

Payment Savvy

In today’s globalized world, understanding a country’s economic health is crucial to comprehending its overall well-being and development. There are several metrics that can be used to determine how well the country is performing, and one of them is called income per capita. In this article, we will be talking about what it is and why it’s so important for policymakers and economists to calculate it regularly.

Economy 96

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What’s Next For Fintech?: Investment Trends to Watch

CB Insights

The post What’s Next For Fintech?: Investment Trends to Watch appeared first on CB Insights Research.

FinTech 82
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Surviving the Silicon Valley Bank-pocalypse: Mastering Multi-Bank Management for Startups

Nanonets

Cash management, or effective treasury management, can often be the deciding factor for the success or failure of tech startups. To achieve success, it is crucial to manage cash flow, particularly the "burn rate," which refers to the rate at which money is spent before reaching profitability. To operate safely and efficiently in every stage of growth, companies need the right mix of liquidity options and a range of treasury management products and services.

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Watch Questions with the Council: What to Know About PCI DSS v4.0 Training

PCI Security Standards

In the third installment of the “Questions with the Council” video series, Senior Manager, Tom White answers the payment industry’s questions about PCI DSS v4.0. The questions focus specifically on training offerings related to PCI DSS v4.0.

PCI DSS 93
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India and Nepal to sign cross-border mobile payments agreement

The Paypers

The governments of India and Nepal have drawn up an agreement to launch the service that will let visitors to Nepal use Indian digital wallets for payments.

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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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Beyond certifications: take a holistic approach to security for API-enabled IT 

Axway

The announcement of Axway’s Amplify Platform receiving Common Criteria EAL4+ certification has been welcomed by the API community as a major step forward in securing information systems.

API 64
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Pavilion Payments plots growth

Payments Dive

The gaming payments service provider, previously part of processor Global Payments, aims to increase business by investing in technology and more staff.

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3 applications of generative AI in financial services

CB Insights

Generative AI — which comprises artificial intelligence technologies and applications that generate entirely new content including text, audio, images, video, code, and data — is already seeping into the financial services industry. While big banks like Bank of America, Citigroup, and Goldman Sachs were quick to place restrictions on employee use of OpenAI ’s ChatGPT in February 2023, other financial firms have jumped at the opportunity to leverage the tech.

AI 77
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What is intelligent process automation?

Nanonets

The digital era has brought about an immense shift in the way businesses operate, with automation becoming a key driver of efficiency and productivity. While traditional automation systems focused on streamlining repetitive tasks, intelligent process automation (IPA) takes it a step further by leveraging the power of artificial intelligence (AI) and machine learning (ML) to automate complex business processes.

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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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Spotlight On: Bank of America, a New Principal Participating Organization

PCI Security Standards

Welcome Bank of America, a new Principal Participating Organization (PPO) at the PCI Security Standards Council! In this special spotlight edition of our PCI Perspectives Blog, Tim Thomas, VP, Sr. Product Manager, PCI Programs, at Bank of America introduces us to his company and how they are helping to shape the future of payment security.

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Insurtech Baobab receives funding from IBB for SME cyber protection

The Paypers

Germany-based insurtech company Baobab has received funding from the Investitionsbank Berlin, which is co-financed by EU funds (ERDF).

Finance 73
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Equinor’s B2B data exchange in a multi-cluster setup

Axway

With a commitment to turning natural resources into energy for people and progress for society, Equinor is helping shape the future of energy for the better. Part of achieving this goal is a B2B infrastructure that supports these efforts.

B2B 59
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Fiserv takes lead back from FIS

Payments Dive

Fiserv bested FIS in the competitive payments processing market last year, handling more transactions with a larger value, said an industry consultant.

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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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Analyzing Visa’s growth strategy: How the company is facilitating seamless customer experiences and expanding access to financial products

CB Insights

When it comes to digital financial products and services, customers expect a frictionless experience. To meet this need, leading global payment network Visa has forged hundreds of strategic business partnerships, invested in dozens of companies, and made a few acquisitions over the last 2 years. DOWNLOAD THE STATE OF FINTECH 2022 REPORT Get the latest data on global fintech investment trends, the unicorn club, sectors from banking to payments, and more.

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The 10 best AI Email Assistants & AI Email Writers in 2023

Nanonets

AI for Email Writing Email communication has become an integral part of our daily lives, especially in the workplace. It is a fast, convenient, and efficient way to communicate with clients, colleagues, and stakeholders. However, crafting a well-written email that conveys the right message and tone can be a challenging task, especially for people with limited writing skills or experience.

AI 97
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5 Reasons to Become an Associate PO

PCI Security Standards

PCI Security Standards Council (PCI SSC) Associate Participating Organizations (APOs) are vital contributors to the mission of helping secure payment data globally. As an APO, you join a growing community of organizations and individuals dedicated to the development, promotion, and ongoing improvement of payment security standards and resources.

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Central Bank of UAE launches CBDC implementation strategy

The Paypers

The Central Bank of the UAE has launched its Central Bank Digital Currency (CBDC) Implementation Strategy in collaboration with R3 , G42 Cloud and Clifford Chance.

CBDC 73
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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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Solving common API challenges with an API First approach [Podcast]

Axway

How can you ensure your API strategy is a success? In a recent interview on the API Intersection Podcast, VP of Axway Catalysts Brian Otten says the best enterprise API strategy must be business-driven.

API 59
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BlackRock CEO knocks US payments system

Payments Dive

The leader of one of the biggest asset managers in the world doesn’t think the U.S. payments system is keeping pace.

Payments 178
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Shopify launches direct bill pay: What’s next for A2A payments?

CB Insights

Shopify, an e-commerce infrastructure leader, has long used business partnerships to help merchants with handling payments. The company is continuing this strategy with its new partnership with invoice payments platform Melio to offer a direct bill payments service — which includes an option to pay directly through a bank account. This reflects a broader trend: Account-to-account (A2A) payments , where funds are transferred between two bank accounts without intermediaries such as card netw

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Digitizing Healthcare & Automating Healthcare document processing in 2023

Nanonets

The pandemic led to a steep increase in the adoption of digitization across sectors, including healthcare. With this new wave of healthcare innovation driven by healthcare digitization, healthcare organizations are exploring new avenues to improve their patient experience, reduce their costs and meet the rising expectations of healthcare professionals in one go.

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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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Coffee with the Council Podcast: Meet the Council’s Regional Director, Latin America and the Caribbean

PCI Security Standards

Welcome to our podcast series, Coffee with the Council. I'm Alicia Malone, Senior Manager of Public Relations for the PCI Security Standards Council. Today we'll meet the Council's Regional Director of Latin America and the Caribbean, Guilherme Scheibe. Guilherme is based in Brazil and joined the Council last year to help us educate and promote the importance of the PCI Security Standards within the region.

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Avalara, eBay address cross-border compliance for sellers

The Paypers

Cloud-based tax compliance automation provider Avalara has announced a partnership with eBay to address cross-border compliance for global sellers.

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Future-enabled controlled substance ordering helps achieve compliance and speed.

Axway

Managing the distribution of controlled substances can be a technical headache for organizations throughout the pharma and healthcare supply chain, but it’s also an important responsibility that prevents diversion and abuse.

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Justice debit probe draws in Mastercard

Payments Dive

The Justice Department’s antitrust division issued a civil investigative demand to the card company as part of a debit card probe that has also entangled its larger rival Visa.

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The Evolving Retailers Fulfillment Strategy: Meeting Demands with Agility

Speaker: Becky Parisotto and John Vurdelja

Fulfillment is no longer just about getting products from point A to point B – it's about crafting seamless, scalable, customer first experiences. Flexible fulfillment strategies are more important than ever for those aiming to stay ahead and build resilience as retail enters a new era in 2025. Learn how to optimize fulfillment processes, tackle complex, multi-vendor orders, and create seamless customer experiences – from white-glove delivery for high-value items to quick-ship solutions for ever