Sat.Jul 15, 2023 - Fri.Jul 21, 2023

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Toast axes 99-cent fee

Payments Dive

The restaurant payments company said Wednesday it would remove the customer-paid order processing fee by the end of this week.

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8 Best Practices for Forecasting and Managing Cash Flow

The Finance Weekly

In the finance realm cash shortages represent the pinnacle of stress. Even mega companies can find themselves in tight predicaments from time to time. These liquidity challenges give rise to issues like payroll complications, mounting pressure to settle accounts receivable, and the risk of material shortages. What is Cash Flow? Cash flow pertains to the funds flowing into and out of a business.

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AWS Textract Teardown - Pros and Cons of using Amazon's Textract in 2023

Nanonets

Text Recognition in 2023 In many companies and organizations, plenty of valuable business data is stored in documents. This data is at the heart of digital transformation. Unfortunately, according to statistics, 80% of all this data is embedded in unstructured formats like business invoices, emails, receipts, PDF documents, and many more. Therefore, to extract and make the most out of information from these documents, companies slowly started relying on Artificial intelligence (AI) based service

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Spotlight On: AusPayNet, A New Principal Participating Organization

PCI Security Standards

Welcome AusPayNet, a new Principal Participating Organization (PPO) at the PCI Security Standards Council! In this special spotlight edition of our PCI Perspectives Blog, AusPayNet’s CEO Andy White introduces us to his company and how they are helping to shape the future of payment 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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Amex corporate client growth ebbs

Payments Dive

U.S. commercial card services volume grew 2% in the second quarter, relative to the year-ago period, American Express said in a Friday earnings report.

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5 Ways to Improve Team Communication in The Workplace

Agile Payments

5 Ways to Improve Team Communication in The Workplace There’s no collaboration or teamwork without communication. Even if it didn’t improve efficiency and team cohesion (which it does), with an inefficient communication system, even the simplest task can be made incredibly difficult. Finishing a task without having a clear way to report that you’re done can make someone else miss a deadline waiting for you to finish your part.

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Coffee with the Council Podcast: Meet This Year’s PCI SSC Community Meeting Keynote Speaker, Jenny Radcliffe

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, I am so excited to bring you a sneak peek interview with PCI SSC's Community Meeting Keynote Speaker, Jenny Radcliffe. Jenny is a world-renowned social engineer, hired to bypass security systems through a mixture of psychology and con artistry.

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FedNow’s launch ‘is just the start’

Payments Dive

Direct access to the Fed’s payments system for nonbanks — specifically payments companies — will push the U.S. more fully into payments modernization, writes an executive from cross-border payments company Wise.

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6 Features to Consider When Choosing Between Point of Sale Systems

National Processing

Point of sale systems include the combination of hardware and software that merchants use to make sales and accept payments in person. It’s important to make sure the POS system you choose is compatible with the needs of your business. The post 6 Features to Consider When Choosing Between Point of Sale Systems appeared first on National Processing.

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Experian report shows fraud fears increase by 50% compared to 2022

The Paypers

Information services company Experian has launched a report that showcases that 50% of consumers fear becoming fraud targets more than in 2022.

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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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Business Process Automation

Nanonets

Implementing Business Process Automation (BPA) can give your employees extra hours each day. And that means more time for them to focus on core, needle-moving tasks. End result? A much more efficient, and more productive business operation. No employee should have to give up their personal time because they are spending half their workday on tedious, repetitive tasks that can be automated.

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FedNow goes live for banks, credit unions

Payments Dive

The Fed’s long-awaited instant payments system is arriving right on time this month, giving consumers and businesses a new route for speedier transactions.

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Nacha Statement on FedNow Launch

NACHA

Herndon, VA – Today, Nacha President and CEO Jane Larimer released the following statement in response to the Federal Reserve announcing its FedNow Service is now live: “Nacha congratulates the Federal Reserve on the launch of FedNow. It is a significant achievement. “Nacha believes that instant payment systems (such as FedNow and RTP) and ACH, including Same Day ACH, will together meet the evolving needs of the marketplace.

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CoinFund closes USD 158 million Seed IV Fund

The Paypers

US-based cryptoasset-focused investment firm CoinFund has announced the closing of the USD 158 million Seed IV Fund LP.

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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 importance of General Ledger reconciliation for financial reporting

Nanonets

Maintaining accurate financial records is vital for any business, and the general ledger, as the central repository of financial transactions, plays a critical role in this process. Ensuring the accuracy and integrity of the general ledger requires regular reconciliation. However, doing so manually is time-consuming and prone to error and risk. In this article, we will delve into the concept of general ledger reconciliation, its importance to businesses, and how to achieve it efficiently with th

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Square’s new GM for restaurants targets bigger operators

Payments Dive

Ming-Tai Huh shares how his position as a restaurant operator and a tech executive has given him a singular view of the restaurant industry’s challenges.

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How we’re helping SwapMoney make remittances fairer and safer

Currencycloud

It’s hard to overstate the role that remittances play in supporting families around the world.

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Magic partners with Onfido to automate KYC

The Paypers

KYC company Magic has entered a joint venture with identity verification provider Onfido in a bid to automate KYC with AI-powered tools.

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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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The best reconciliation software and tools in 2023

Nanonets

The accuracy and reliability of financial reporting are vital for organizations to make informed decisions and meet regulatory requirements. To ensure the integrity of financial data, accountants and bookkeepers rely on the general ledger account reconciliation process. This process involves comparing general ledger accounts with supporting documents using reconciliation software to identify discrepancies and take corrective measures.

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Apple pursues global payments, pushing into Morocco

Payments Dive

The tech giant also launched the app in South Korea in March, and in four Latin American countries in May.

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Reverse Email Lookup: How It Works & How to Perform It

Seon

There are well over four billion email addresses in use globally. Reverse email lookup is an invaluable tool for anyone who wishes to learn more about an individual based only on the person’s email address. For an example of reverse email search in action, try out SEON’s email lookup widget: Below, we look at what reverse email lookup is, how it works, and the many ways that it can benefit users.

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Airwallex partners with Brex to accelerate international expansion

The Paypers

Global payments and financial platform Airwallex has partnered with US-based unified global spend platform Brex to advance its global market presence.

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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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Global Luxury Retail Report

PayXpert

The Global Luxury Retailing 2023 Outlook report from Savills has been published. It observes that the pandemic has illustrated how strong luxury consumption is. The report also emphasises the significance of in-store luxury retail in our digital era.

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Discover facing FDIC probe

Payments Dive

The card company also disclosed during its latest earnings report that a pricing issue affected merchants and merchant acquirers, some of whom will get refunds.

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Open your integration ecosystem with intelligent MFT

Axway

Managed File Transfer is a modern-day workhorse, but it is also not the entire story of how data gets from point A to point B. The data itself, contained in MFT files or otherwise, has become a critical currency today.

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How to Generate PDFs from HTML in iOS using Swift UIKit

M2P Fintech

In the world of iOS app development, the ability to dynamically generate PDF documents from HTML content is a game changer. Imagine the possibilities of effortlessly transforming dynamic data in the form of interactive reports, professional invoices, or document generation workflows into stunning PDFs. In this blog, our Software Development Engineer, Balaji Pandian will give you step-by-step instructions on how to generate a PDF file from HTML in an iOS app using Swift.

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7 Essential Criteria for Choosing the Right Payments Partner

Speaker: Brad Pinneke, VP of Business Development at Payrix and Worldpay for Platforms

In this webinar, Brad Pinneke, Vice President of Business Development at Payrix and Worldpay for Platforms, will dive into the 7 must-have criteria for evaluating payments partners, helping you maximize both efficiency and the long-term value of your investment. From assessing technology capabilities to leveraging business development opportunities, this session will give you a clear, actionable strategy to select the right partner for scaling your business.

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3 Payment Innovation Trends for Today’s Uncertain Economy

BlueSnap

With more than 30 years of experience, I have seen a lot of change and innovation in the payments industry. Over the last few years, digital payments have been impacted by COVID, followed quickly by aggressive growth. And now, we are facing a downturn, which is also affecting payments and how businesses think about them. The post 3 Payment Innovation Trends for Today’s Uncertain Economy appeared first on BlueSnap.

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Clair CEO welcomes on-demand pay regulation

Payments Dive

Clair CEO Nico Simko weighed in on whether EWA is a payday loan and how the company offers fee-free wage access.

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An Overview of Netsuite AP Automation

Nanonets

The traditional approach to accounts payable can be time-consuming, error-prone, and resource-intensive, hindering the organization's ability to focus on strategic initiatives. Fortunately, cutting-edge advancements in automation technology have revolutionized the accounts payable landscape, offering businesses an opportunity to streamline their workflows and achieve unprecedented levels of efficiency.

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Event-based integration made simple — without getting rid of legacy IT

Axway

We live in a real-time world. From checking social media feeds to messaging family, making near-instant payments on the go or connecting global business networks, many of the things we’ve come to take for granted are made possible by “events”.

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Enhance Customer Value: Unleash Your Data’s Potential

The complexity of financial data, the need for real-time insight, and the demand for user-friendly visualizations can seem daunting when it comes to analytics - but there is an easier way. With Logi Symphony, we aim to turn these challenges into opportunities. Our platform empowers you to seamlessly integrate advanced data analytics, generative AI, data visualization, and pixel-perfect reporting into your applications, transforming raw data into actionable insights.