May, 2022

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Big tech pushes passwordless for payments

Payments Dive

Google, Microsoft and Apple this month began a big, new push in their campaign for a passwordless standard that's aimed at improving digital identity verification, including for payments.

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Planning, Budgeting, and Forecasting: Can they be Used Interchangeably?

The Finance Weekly

Planning, Budgeting, Forecasting. We hear the 3 terms being thrown around a lot- oftentimes interchangeably. A company’s plan, budget, and forecast are usually talked about all together, whether it be in the boardroom, in a company goal-setting sheet, or in general talk about FP&A. While all of these terms go together in a finance department setting, in reality they all hold very different functions and unique purposes.

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Open Insurance in Brazil: on the road to Open Finance

Axway

In parallel to the national Open Banking program (officially known as Open Finance), another movement is the topic of heated debate today: Open Insurance. The Brazilian insurance regulator envisions a new Open Insurance System and published initial requirements in Dec.

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How to Optimize Your Online Payment Process for Higher Conversion Effectively

Agile Payments

How to Optimize Your Online Payment Process for Higher Conversion Effectively.

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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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State of Blockchain Q1’22 Report

CB Insights

While most other sectors saw quarterly declines, venture funding to blockchain startups was red-hot in Q1’22 — hitting an all-time high for the seventh straight quarter. In our State of Blockchain Q1’22 Report, we dive into global funding trends to uncover takeaways like: How Web3 drove the $9.2B quarter . The number of deals per day, and which categories are drawing the most dollars.

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Wise and Monzo deliver international transfers to UK businesses

The Paypers

Remittance platform Wise has partnered with Monzo to support international payments for their customers.

More Trending

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Guide to Confront Cash Flow Management Challenges

The Finance Weekly

If you’re like most finance practitioners, you understand the critical importance of your approach to cash flow management. However, you will also have encountered (if again, you’re like most finance practitioners) some stubbornly persistent roadblocks, including, but not limited to the following: All of this can be, and so often is, modelled in spreadsheets.

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Scale your EDI in the cloud with a B2B integration platform

Axway

I’m often asked, “why do we need to move our B2B transactions to the cloud?” and all I can think when I hear this is: “why wouldn’t you move your B2B transactions to the cloud?”.

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10 Actionable B2B Lead Generation Strategies for SaaS Businesses

Agile Payments

10 Actionable B2B Lead Generation Strategies for SaaS Businesses.

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Neo Financial raises $145 in Series C funding. Neo Financial, a Canadian digital bank, competitors include Koho Financial, Wealthsimple, Stack, Mogo, Tangerine Bank, and EQ Bank.

CB Insights

Neo Financial , a Canadian digital bank, has raised $145M in a Series C. The round drew participation from Valar Ventures, Maple VC, Blank Ventures, and Gaingels, among others. <span data-sheets-value='{"1":2,"2":"<div class="cbi-cta-shortcode-wrapper"><div class="cbi-cta-shortcode-content"></div><div class="cbi-cta-shortcode-forms" ><div class="cta has-desktop"><div class="cta-desktop ce

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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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Argentina: Banks, e-wallets to associate all bank accounts in their apps

The Paypers

The Central Bank of Argentina (BCRA) has ordered that banks and virtual wallets offer their clients the possibility of associating all the accounts that they have in their name through their applications, according to iproup.com.

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Cannabis payments companies focus on compliance, creativity

Payments Dive

In the cannabis business, federal illegality has kept many banks and payments companies on the sidelines. That's opened the door for young companies that are using the ACH network to facilitate cannabis payments in states where it’s been legalized.

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Elo Reduces Payment Network Fraud by 30% With FICO Fraud Analytics

FICO

Reducing fraud during an e-commerce boom. Elo, one of the largest and most innovative payment providers in Brazil, has used FICO® Falcon® Fraud Manager to reduce fraud by 30 percent for card issuers using its payment network. The best-in-class cloud-based solution also managed to decline online fraudulent transactions and brute force attacks, a significant achievement as e-commerce boomed during the pandemic.

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No API left behind: Drive API adoption with Amplify

Axway

It’s hard to imagine how businesses today could survive and compete without APIs to connect their services to an expanding digital world. For most, APIs are essential to future growth.

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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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The Truth About Mobile POS Stations in Restaurants

BNG Payments

The time of the smaller point-of-sale systems is upon us! iPad systems are becoming more popular, and the popularity of mobile point-of-sale stations has continued to leave an impact on the restaurant industry. But just because it’s trending, doesn’t mean it’s the right solution for your business. So today let’s look at the pros and cons of mobile point-of-sale systems and let you know if they are the right fit for your restaurant.

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SpotOn, a provider of payments tech and software for retail and restaurant SMBs, reaches $3.6B valuation. SpotOn competitors are Toast and Block.

CB Insights

SpotOn , a software and payments processing company, has raised $300M in a Series F. The round drew participation from Dragoneer Investment Group, Andreessen Horowitz, and DST Global, among others. <span data-sheets-value='{"1":2,"2":"<div class="cbi-cta-shortcode-wrapper"><div class="cbi-cta-shortcode-content"></div><div class="cbi-cta-shortcode-forms" ><div class="cta has-desktop"><div clas

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The Credit Thing implements TrueLayer's recurring payments API

The Paypers

TrueLayer , a UK-based Open Banking platform, has announced that The Credit Thing has implemented its recurring payments API.

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FTA pushes for remittance fee reform

Payments Dive

"We urge Director Rohit Chopra to update the CFPB’s outdated remittance rule and take on the high cost of international payments," the Financial Technology Association says in this op-ed piece.

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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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UK Cards Report: Credit Card Payments Yet To Show Signs Of Distress

FICO

The FICO Credit Market Report for March 2022 shows that repayments remain a priority for credit card holders, suggesting that there will be greater reliance on credit over the coming months as the cost-of-living crisis deepens due to higher inflation. Highlights . Average card spend drops marginally by just under 2 percent compared to February. Small drop in average active balance – just over half a percent.

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Netum Integrations Oy and Axway: modernizing integrations together

Axway

Netum is a fast-growing Finnish IT services company with over 20 years of experience on demanding IT projects.

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CFPB carves out new competition angle for oversight

Payments Dive

A former CFPB enforcement director told an audience of payments professionals this week that they'd best be prepared for the agency to expand its oversight by way of its markets authority.

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Three US cash trends persist, Fed report says

Payments Dive

The COVID-19 pandemic led U.S. consumers to change up their payment habits, but three long-term cash trends have mainly persisted, according to a Federal Reserve Bank report issued this month.

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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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Congressman calls for increased digital wallet protection

Payments Dive

Consumers may "not understand that funds kept in digital wallets or by payment apps may not be insured and protected to the same degree as their bank accounts,” a congressional report says.

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World Bank forecast for cross-border payments rises

Payments Dive

The international bank expects remittances to climb 3.7% to $802 billion this year. That's more than was previously expected and the increase is partly due to the upheaval in Ukraine, the World Bank said.

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BNPL players' losses grow as costs soar

Payments Dive

Buy now-pay later providers are having to pay a hefty price to keep up with surging consumer demand for their financing services, spending large sums to add new technology and more employees. As a result, their expenses are rising at a much faster rate than their revenue, meaning most of the major players are posting losses despite the BNPL mania.

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Durbin proposes card fee reforms, not legislation

Payments Dive

Sen. Dick Durbin pushed for a handful of reforms of credit card fee practices at Wednesday's Senate Judiciary Committee hearing on "excessive swipe fees," but didn't offer plans for new legislation. He also questioned Visa and Mastercard representatives about recent fee increases and took testimony from consumer advocates who slammed the hikes.

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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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EMVCo invites input on new contactless standard

Payments Dive

The firm controlled by the card companies has drafted a new contactless technology standard and it's seeking public comment on the specifications. Their plan is to implement a change by yearend.

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Self-checkout tech maker Mashgin raises $62.5M

Payments Dive

The technology company, which currently partners with convenience stores, cafeterias, hospitals and sports arenas, said it will use the investment to build out its team, quicken expansion and scale globally.

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Tag Heuer accepts crypto as payment

Payments Dive

CEO Frédéric Arnault suggested cryptocurrency fluctuations are a risk companies will need to take on if they allow this form of payment.

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VizyPay carves out a niche catering to rural America

Payments Dive

Austin Mac Nab, the CEO and cofounder of Waukee, Iowa-based payments processing firm VizyPay, said the company aims to disrupt the payments landscape by catering to small town businesses.

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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