January, 2022

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Mapping Out Successful FP&A Management In the Face of Adversity

The Finance Weekly

Organizations across the world have been struck with challenging realities for the past two years, it is unfortunate but true that many businesses have not made it through the storm. However, there have been many organizations that have successfully persevered through the challenges posed by the past couple of years, and among the differentiating factors between such businesses is leadership.

Finance 130
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11 Commandments of Digital Banking: The Customer Journey

FICO

Last year we published a highly successful The 11 Commandments of Digital Banking eBook that introduced the 11 commandments: Digital lift-and-shift is not a strategy! Friction – not inherently good or evil. Be personable in this impersonal channel. Respect the data. Engage me, teach me – feed by TikTok obsession. Use your branch wisely! Respect my time and match my effort.

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Visa Has Updated That They Will Prohibit Cashless ATM and Misuse of ATM Transactions

International Payments Processing

Visa has reminded acquirers that they will prohibit miscoding POS purchase transactions as ATM cash disbursements and submitting POS purchase transactions into the Plus network. PROHIBITED USE OF CASHLESS ATMS Cashless ATMs mimic standalone ATMs for the payment applications without cash disbursements involved. Instead, merchants use the devices for purchase transactions, miscoded as ATM cash disbursements.

ATM 88
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The TL;DR Live: The State of Fintech

CB Insights

The post The TL;DR Live: The State of Fintech appeared first on CB Insights Research.

FinTech 81
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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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EBA discusses payment fraud under PSD2 directive

The Paypers

The European Banking Authority (EBA) has published a Discussion Paper on its preliminary observations on selected payment fraud data under the Payment Services Directive (PSD2).

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Making the Case for an Interoperable Directory to Facilitate Faster Payments

Faster Payments Council

This infographic, developed by the FPC Directory Models Work Group, takes its two recent white papers on directory models for faster payments and reduces both into easily digestible content for better industry understanding. The infographic outlines the key core and value-added characteristics that can strengthen the value of a directory service and highlights several areas where a directory can provide efficiencies, revenue, and cost savings.

More Trending

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Crypto Exchange BitMEX to Buy 268-Year-Old German Bank to Deliver ‘Banking 2.0’

PYMNTS

The CEO and CFO of the BitMEX cryptocurrency derivatives exchange announced today that they have reached an agreement to purchase a 268-year-old German bank in order to establish “a one-stop shop for regulated crypto products in Germany, Austria, and Switzerland.”. The purchase of Munich-based Bankhaus von der Haydt, established in 1754, is a vital step in its goal of creating “a regulated crypto products powerhouse in the heart of Europe,” said BitMEX Group CEO Alexander Höptner in a blog post.

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Visa Has Updated That They Will Prohibit Cashless ATM and Misuse of ATM Transactions

International Payments Processing

Visa has reminded acquirers that they will prohibit miscoding POS purchase transactions as ATM cash disbursements and submitting POS purchase transactions into the Plus network. PROHIBITED USE OF CASHLESS ATMS Cashless ATMs mimic standalone ATMs for the payment applications without cash disbursements involved. Instead, merchants use the devices for purchase transactions, miscoded as ATM cash disbursements.

ATM 88
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State Of Fintech 2021 Report

CB Insights

Global fintech deals and dollars reached record highs in 2021. Funding more than doubled year-over-year as private market deal activity soared across sectors and geographies. In our State Of Fintech 2021 Report, we dive into global investment trends to spotlight takeaways including: Fintech accounted for $1 in every $5 of global venture funding. The metrics behind $100M+ mega-rounds, how mega-rounds compare against total global fintech funding, and which region had the highest number of mega-rou

FinTech 74
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EBA warns of detrimental impact of de-risking

The Paypers

The European Banking Authority (EBA) has published its opinion on the impact of de-risking in the EU and the steps authorities should take to tackle unwarranted de-risking.

Risk 81
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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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API News Roundup – January 2022

Axway

And just like that, we’re already 1/12 th of the way through a new year.

API 59
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A CFO’s Role in Climate Change Mitigation

The Finance Weekly

CFOs and climate change: what’s the connection? Other than perhaps taking public transportation to work, what else can a CFO do more than any other average person? The answer is quite a lot. There are 4 main reasons why climate change is important for CFOs and how it plays a role in their job description: A CFO is in a position of leadership and has a lot of influence on the company’s policies.

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Onbe: 2021 Was the Year of Adaptability

PYMNTS

Last year saw workers around the world move out of survival mode and dedicate themselves to finding solutions to meet the needs of our new reality. Onbe CEO Bala Janakiraman expects that innovation to continue as more organizations embrace the digital transformation that working remotely requires. Read his thoughts in the PYMNTS eBook , “In a Word: 50 Thought Leaders Sum Up 2021.”.

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Square/Stripe Has Terminated Your Account and Labeled You a High-Risk Merchant. What Now?

International Payments Processing

What To Do If You’ve Been Labeled As A High-Risk Merchant By Your Payment Service Providers Having a reliable payment provider is critical to keeping your business operations running smoothly. However, for high-risk merchants, such as those involving online gaming and gambling, cannabis, health, beauty, nutra, and CBD, finding a payment service provider who sticks around can be a challenge.

Risk 88
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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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State Of Fintech 2021 Report

CB Insights

Global fintech deals and dollars reached record highs in 2021. Funding more than doubled year-over-year as private market deal activity soared across sectors and geographies. In our State Of Fintech 2021 Report, we dive into global investment trends to spotlight takeaways including: Fintech accounted for $1 in every $5 of global venture funding. The metrics behind $100M+ mega-rounds, how mega-rounds compare against total global fintech funding, and which region had the highest number of mega-rou

FinTech 68
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Digital River and VTEX partner for global expansion

The Paypers

US-based global commerce enabler Digital River has teamed with ecommerce platform VTEX and created an integrated solution for cross-border selling.

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Get to know the customer: Meet Julien Bichon of Natixis

Axway

In our series, “Get to know the customer,” Axway focuses on getting to the heart of the people behind our customers in an informative behind-the-scenes Q&A. Last month, we profiled Scott Marshall, Director of Application Delivery Services at AmerisourceBergen.

API 59
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Meet The 2022 FICO Decisions Awards Winners!

FICO

2022 FICO Decisions Award Winners - Decisions That Matter. I am thrilled to announce the winners of the 2022 FICO® Decisions Awards. . This year we have 11 winners across 8 award categories representing companies from every corner of the globe. Many entries this year demonstrated innovative use of technology and creative thinking to respond to the challenges of the pandemic.

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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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U.K. Treasury Increasing Cryptocurrency Ad Regulations

PYMNTS

The U.K. Treasury said Tuesday (Jan. 18) that it plans to regulate cryptocurrency advertising like other financial products and ensure that promotions are “fair, clear and not misleading,” according to a Bloomberg report. That includes the crypto billboards that have recently been spotted along the London subway system, the report says. “Research suggests that understanding of what crypto actually is is declining, suggesting that some users may not fully understand what they are buying,” the U.K

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Square/Stripe Has Terminated Your Account and Labeled You a High-Risk Merchant. What Now?

International Payments Processing

What To Do If You’ve Been Labeled As A High-Risk Merchant By Your Payment Service Providers Having a reliable payment provider is critical to keeping your business operations running smoothly. However, for high-risk merchants, such as those involving online gaming and gambling, cannabis, health, beauty, nutra, and CBD, finding a payment service provider who sticks around can be a challenge.

Risk 88
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Moss Valuation Hits $567M For Its Expense Management And SMB Credit Card Technology. Moss Competitors Include Spendesk, Pleo, Payhawk, Brex, And Soldo

CB Insights

Fintech company Moss has raised $85M in a Series B. The round drew participation from Capital-A and Tiger Global Management. How’s the company performing? Germany-based Moss provides corporate credit cards and expense management solutions to small- and medium-sized businesses (SMBs). The company integrates with Datev, an accounting software based in Germany.

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Fintech Farm to launch neobanks in 8 countries

The Paypers

UK-based startup Fintech Farm has raised over USD 7 million to launch neobanks in eight countries until 2024.

FinTech 77
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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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Make Axway Amplify Platform API Calls from an API Builder Flow

Axway

Axway’s API Builder makes it easy to make Axway Amplify platform API calls from within a flow. This can be useful for implementing Unified Catalog custom API Subscription flows and Amplify Integrations.

API 59
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FICO Services: Smooth and Steady Over Holiday Crunch

FICO

Just as Black Friday and Cyber Monday drive peak volumes in retail sales, both in stores and online, they also drive peak volumes for FICO. Businesses around the world depend on our hosted services for everything from new account onboarding to transaction monitoring and fraud protection, and transaction volumes soar during the busy holiday period. This is when the stability of the FICO network shines.

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Creating a Secure High-Risk Merchant Account in 2022

Payment Savvy

Along with COVID-19 came a sharp increase in cybercrime. Unfortunately, high-risk merchants are among the most vulnerable to these cyber assaults. As a result, it’s critical for merchants to stay up to speed on the latest developments in merchant account security. Better yet, if you choose a payment provider offering cutting-edge tools and solutions, you can rest assured your high-risk merchant account is evolving to adopt the latest security technology as new threats appear.

Risk 52
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Top 7 bitcoin payment gateways for merchants

Ikajo

Why should sellers look for bitcoin payment gateways? The answer is simple. Cryptocurrencies, along with bitcoin, functionalize too long to ignore them. Statista shares that bitcoin’s market capitalization formed 53% of the total cryptocurrencies’ market cap in 2019. According to the same source, bitcoin payments amounted to 3% of global preferred payment methods in 2017.

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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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Indonesian E-Commerce Enablement And Bookkeeping Technology Firm Lummo, Formerly BukuKas, Raises $80M From Sequoia And Tiger Global — Lummo’s Competitors Include Bukalapak, BukuWarung, And Tokopedia

CB Insights

Lummo , an e-commerce enablement and bookkeeping services provider, has raised $80M in a Series C. The round drew participation from Sequoia Capital India, Tiger Global Management, and CapitalG, among others. HOW’S THE COMPANY PERFORMING? Indonesia-based Lummo offers e-commerce enablement solutions and a bookkeeping app for SMEs. Lummo’s annualized bookkeeping transaction volume currently stands at $25.9B, and its gross merchandise value (GMV) grew 11x in 2021.

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PayPal launches 'Pay Later' in Germany

The Paypers

PayPal has expanded its ‘Pay Later’ solution in Germany with a new payment option, ‘Payment after 30 days’

PayPal 74
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How open banking is done — an interview with Charlotte Crosswell

Axway

The following article is an adapted transcript based on the audio recording of Season 2, Episode 8 of the Mr. Open Banking podcast. The audio version is available here.

FinTech 59
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Top 5 Customer Development Posts of 2021

FICO

Managing risk and improving the customer experience during a pandemic presented credit professionals with new sets of challenges. The most popular posts in our Customer Development category dealt with credit card payments, open banking, trends for financial services and small business lending — as well as FICO’s listing as a top risk management firm.

Posting 52
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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