October, 2023

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Shift4 acquires SpotOn unit for $100M

Payments Dive

With the purchase of SpotOn’s sports and entertainment business unit, Shift4 scoops up its rival’s customers in that market.

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FP&A Software OnPlan Reportedly Shutting Down After 7 Years of Business

The Finance Weekly

, OnPlan , an FP&A and forecasting softare, reportedly notified customers that they are discontinuing support for their clients, sources from the company have confirmed. The Florida based FP&A software solution, which has raised $6.8 million , according to Crunchbase , has run out of money and will continue operations going as long as possible, the source said.

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Narmi’s Co-Founder Nikhil Lakhanpal?—?building an API-driven digital banking platform

Wharton Fintech

Narmi’s Co-Founder Nikhil Lakhanpal — building an API-driven digital banking platform In today’s episode, Kailee Costello hosts Nikhil Lakhanpal , Co-Founder at Narmi. Narmi’s mission is to offer financial institutions the best digital banking platform in the industry. Narmi does this through an API-driven platform that layers on top of existing banking infrastructure to give these financial institutions access to Narmi’s products, including digital account opening, consumer and business digital

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SOX VS SOC – Mapping the Differences

VISTA InfoSec

Let’s explore the critical differences between SOC and SOX compliance. In the realm of information security and financial reporting, compliance enables organizations to build trust and transparency with stakeholders. To accomplish this, companies must adhere to specific regulations and standards. SOC and SOX represent two pivotal compliance frameworks that help maintain financial reporting integrity and data security.

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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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Stax vs. Synapse:

Synapse Payment Systems

Solutions Card Present Card Not Present E-commerce Gift and Loyalty Cards Wholesale Equipment Clover POS Exatouch Dejavoo Valor Pricing Our Company How It Works Partners Industries Restaurants Pubs, Delis, and Cafes Hair Salons Blogs Blogs FAQ Contact Menu Solutions Card Present Card Not Present E-commerce Gift and Loyalty Cards Wholesale Equipment Clover POS Exatouch Dejavoo Valor Pricing Our Company How It Works Partners Industries Restaurants Pubs, Delis, and Cafes Hair Salons Blogs Blogs FAQ

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When Will The US Open Banking Rule Come Into Force? 

Open Banking Excellence

Your guide to the Consumer Financial Protection Bureau's (CFPB) imminent proposals for a new regulatory framework governing “Personal Financial Data Rights” The US will propose a new “Open Banking Rule” this year which will set the foundations for an ecosystem with the potential to become the largest in the world. This game-changing regulation has been a long time in the making.

More Trending

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8 Ways to Use AI to Grow Your Small Business

The Finance Weekly

Use AI to Grow Your Business or Stay Behind , Artificial Intelligence (AI) is no longer a future prospect; it's the prevailing force in the business world, reshaping the landscape every day. In essence, if you're not integrating AI tools into your business operations, you're likely to be left behind. Today, there's a wide array of AI tools tailor-made to enhance the efficiency of small businesses.

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Highnote’s John MacIlwaine?—?On Unlocking the Embedded Finance Opportunity

Wharton Fintech

Highnote’s John MacIlwaine — On Unlocking the Embedded Finance Opportunity In today’s episode, Rhea Advani hosts John MacIlwaine, Co-Founder & CEO at Highnote. They delve into the evolving payments processing space, emphasizing the rise of innovative embedded finance platforms like Highnote. The conversation also unveils insights into Highnote’s latest Credit Issuing product.

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How to Conduct an ISO 27001 Risk Assessment

VISTA InfoSec

Welcome to our comprehensive guide on ‘Conducting an ISO 27001 Risk Assessment’. This blog is designed to equip you with effective strategies for a successful risk assessment, incorporating the principles of ISO 31000 risk management. Risk assessment is a vital component of a robust information security framework and is in alignment with ISO 31000. It’s a systematic, iterative, and collaborative process that leverages insights from stakeholders and reliable information, supplemented as necessary

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Paving the Way: Inspiring Women in Payments - A Q&A featuring Ruth Barra

PCI Security Standards

Ruth Barra knows that when you enter a career in technology, you will never know everything. You are, in fact, signing up for a lifetime of learning. However, one of the most important aspects of lifelong learning is having the benefit of mentorships. In this edition of our blog, Ruth explains how the sharing of knowledge and lessons learned can have a significant impact on both the mentor and the mentee.

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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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What is a REST API, and why are they vital to the success of your business?

Axway

Ever wondered how different software applications communicate seamlessly? The secret sauce often lies in REST APIs. In today’s digital age, understanding REST APIs is not just a tech requirement but a business imperative.

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BIS advances oversight structure for broader faster payments ecosystem

Payments Dive

In the interest of faster, cheaper and more transparent cross-border payments, the Bank of International Settlements last week produced an interim report aimed at developing a governance structure for an interlinked faster payments system.

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5 Tips for CFOs to Limit AI Risks

The Finance Weekly

The business world is changing fast, giving Chief Financial Officers (CFOs) and their teams a chance to use Generative Artificial Intelligence (Generative AI) for innovation and efficiency. Generative AI can help in saving costs, making better decisions, and developing skills. By using , AI analytics and automation , CFOs can stay competitive and find new ways to grow.

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Finley CEO Jeremy Tsui?—?on modernizing debt capital management

Wharton Fintech

Finley CEO Jeremy Tsui — on modernizing debt capital management Today, Nate Gee hosts Jeremy Tsui , founder and CEO of Finley. Check out the Episode on Spotify | Soundcloud | Apple Podcasts [link] Nate and Jeremy discuss: The original idea for Finley Jeremy: I remember back in 2019, I was in the Special Situations group at Goldman Sachs. And we did a wide range of lending and investing — so everything from software companies, to sports franchises to waste management companies.

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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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HIPAA Disaster Recovery Planning

VISTA InfoSec

In the digital era, Electronic Health Records (EHRs) are crucial in healthcare, making Electronic Protected Health Information (ePHI) an essential asset. However, ePHI is vulnerable to threats like cyber attacks and natural disasters, making disaster recovery planning (DRP) vital. Healthcare organizations must implement HIPAA-compliant DRPs to protect ePHI, ensuring continued operation during disasters.

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Get a Sneak Peek at a Community Meeting Presentation on Compliance is a Program, Not a Project

PCI Security Standards

Do not pass up the chance to collaborate and gain knowledge on the latest developments in payment security at the upcoming 2023 PCI SSC Asia-Pacific Community Meeting. This event features presentations from some of the sharpest minds in payment security. Below Brian Odian , Director - APAC Managed Compliance Services, VikingCloud provides a preview of his presentation on Compliance is a Program, Not a Project.

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A Complete LlamaIndex Guide

Nanonets

Introduction Welcome to our guide of LlamaIndex! In simple terms, LlamaIndex is a handy tool that acts as a bridge between your custom data and large language models (LLMs) like GPT-4 which are powerful models capable of understanding human-like text. Whether you have data stored in APIs, databases, or in PDFs, LlamaIndex makes it easy to bring that data into conversation with these smart machines.

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Cash use falls as instant payments gain ground: McKinsey

Payments Dive

Global cash use declined four percentage points last year, continuing a pandemic-era trend, consulting firm McKinsey said in a recent report.

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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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7 Best Budgeting Software for Small Businesses

The Finance Weekly

Managing a small business comes with many challenges. To handle these challenges well, it's crucial to plan carefully and use efficient tools for managing finances. Budgeting software can greatly help by , automating financial tasks , making processes more efficient, and leading the business toward long-term success. Various software choices come with unique features, interfaces, and prices.

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DailyPay’s COO Stacy Greiner?—?on bringing Earned Wage Access everywhere

Wharton Fintech

DailyPay’s COO Stacy Greiner — on bringing Earned Wage Access everywhere In today’s episode, Kailee Costello sits down with Stacy Greiner , Chief Operating Officer at DailyPay. DailyPay offers an on-demand pay solution that helps employers to improve the financial well-being of their workforce. DailyPay has over 1000 enterprise clients, and over 4 million of these company’s employees use the DailyPay platform.

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PCI ROC: What You Need to Know

VISTA InfoSec

The Payment Card Industry Data Security Standard ( PCI DSS ) aims to prevent financial fraud by securing payment card data. Any company that handles this data must implement security measures to ward off unauthorized access. In this process, you’ll come across key terms like PCI SAQ (Self-Assessment Questionnaire), AOC (Attestation of Compliance), and PCI ROC (Report on Compliance).

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Spotlight On: Cielo, a new Principal Participating Organization

PCI Security Standards

Welcome Cielo, a new Principal Participating Organization (PPO) at the PCI Security Standards Council! In this special spotlight edition of our PCI Perspectives Blog, Cielo’s CISO Glauco Sampaio introduces us to his company and how they are helping to shape the future of payment security.

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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 demonstrates CBDC interoperability for Web3 commerce

The Paypers

Global payments technology company Mastercard has revealed that it demonstrated CBDC interoperability for trusted Web3 commerce in Australia.

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States split over gun merchant category code

Payments Dive

California passed a law last week forcing use of a gun merchant code, but other states have done the opposite. Now, maybe Congress will act.

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4 Challenges in Real-Time Payments and how to address them

Payments Next

By Michael Meeks, SVP of Software Development at BHMI Growing demand from consumers and businesses and the rollout of FedNow are expected The post 4 Challenges in Real-Time Payments and how to address them first appeared on Payments NEXT.

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Government releases key responses to financial regulation consultations

The Payments Association

The UK government has taken a significant step towards clarifying its stance on the regulation of cryptoassets, digital settlement asset firms, and fiat-backed stablecoins by publishing key documents outlining their responses to recent consultations.

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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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5 Ways to Identify and Optimize Core Business Processes for Sustainable Growth

Agile Payments

5 Ways to Identify and Optimize Core Business Processes for Sustainable Growth Source

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Coffee with the Council Podcast: A Panel Discussion from India Hosted by Nitin Bhatnagar

PCI Security Standards

Welcome to our Podcast series, Coffee with the Council. I am Nitin Bhatnagar, Regional Director of India and South Asia for the PCI Security Standards Council. India's digital payment market is expected to grow by $10 trillion by 2026. In a span of just six years, India, primarily a cash-based economy, now leads the world in real time digital payments, accounting for almost 40% of all such transactions.

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Singapore, Japan, Switzerland, and the UK to work on joint crypto initiatives

The Paypers

The Monetary Authority of Singapore (MAS) has planned to start collaborating on digital asset pilots with some European countries and Japan.

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Payments players react to debit cap cut

Payments Dive

The CEOs of Mastercard and Global Payments chimed in with opposing views of the Federal Reserve Board’s proposal to lower the cap on debit interchange.

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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