Sat.Apr 02, 2022 - Fri.Apr 08, 2022

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Bolt buys Wyre to get crypto in its wallet

Payments Dive

With the $1.5 billion acquisition of cryptocurrency payments firm Wyre, Bolt aims to bring crypto front and center within its online checkout capabilities and digital wallet. Crypto "will be a major part of Bolt’s strategy going forward," said CEO Maju Kuruvilla.

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Automated and Data Driven Financial Planning Hasn’t Reached its Full Potential

The Finance Weekly

The way businesses conduct operations are changing at breakneck speeds. Integrated working platforms, automation, and newer and faster ways to translate data into results are all constantly being improved. A big part of these changes is increased communication between technology teams and other business departments. However, one department seems to lag behind when it comes to communication procedures: the finance department.

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Upgrading Education to Build New Pathways to the Workforce

Axway

The American education system has been in need of transformation for decades. Inequality, systemic racism, and lack of proper funding have led to a system that’s riddled with issues.

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Cocktail Party, Co-Hosted by the FPC and Alacriti

Faster Payments Council

Please join us for a one-of-a-kind Nashville experience at Jackalope Brewing Company and enjoy live music and great conversation with other FPC members and payments professionals who have gathered for Nacha's Smart Faster Payments Conference. The event will be catered by Hattie B's world-famous Nashville Hot Chicken, and guests can participate in guided tastings/mini tours of the brewery.

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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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There was no stopping credit card fee hikes this year

Payments Dive

Merchants are incurring tens of millions of dollars in additional interchange, or "swipe," fee increases that the big credit card companies Mastercard and Visa are deploying. There was a loud silence about the inevitability of those boosts this year.

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Worldpay to offer direct USDC settlement

The Paypers

US-based Worldpay from FIS has given merchants the ability to receive settlement directly in USD Coin (USDC).

More Trending

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Accounts receivable automation software Gaviti raises $9M. Gaviti competitors include Fintainium, Invoiced, Plooto, and Remitr.

CB Insights

Gaviti, a fintech company, has raised $9M in a Series A. The round drew participation from Flashpoint, North First Ventures, TAU Ventures, and Moneta VC, 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 center-copy

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Crypto buyers see long-term investment value

Payments Dive

As cryptocurrency adoption grows worldwide, many Americans are increasingly interested in it, according to several new surveys. However, many consumers acknowledge they still don’t fully understand cryptocurrencies.

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Orchestration to Fight the Crescendo of Scams and Fraud

FICO

Data Orchestration for Fraud Prevention. There has been an awful lot of unsettling news about scams and fraud lately. A crescendo, even. As it happens, orchestration (of both data and process) is one of the most potent weapons in fighting scams and fraud. The good news is this technique is readily available today — and not a moment too soon. Scams Are Front Page News.

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API News Roundup – March 2022

Axway

Here are op-eds and company news you may have missed in March, along with top API and digital transformation stories from around the web.

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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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Contract management software LinkSquares raises $100M. LinkSquares competitors include Agiloft, Conga, Contract Safe, ContractPodAi, Evisort, Hyperlex, Icertis, Ironclad, Trato, and Volders.

CB Insights

LinkSquares , a provider of contract management software, has raised $100M in a Series C. The round drew participation from G2 Ventures and G Squared, 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 center-copy &#

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Banks aren't likely to undercut cards with Zelle

Payments Dive

The banks earn billions of dollars from credit and debit card interchange fees so why would they want Zelle stepping in to connect consumers directly to bank accounts? "Banks would never want to jeopardize interchange revenue," said one analyst.

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Secure Digital Banking and Customer Communications

FICO

Following the highly successful The 11 Commandments of Digital Banking eBook , we are publishing a series of 5 deeper dive blog posts that group the 11 Commandments below into common themes: 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 my TikTok obsession.

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What is an API?

Axway

If you’re wondering, “What is an API?” you may not have heard the term before. Or perhaps you have a vague idea of what an API is or some understanding of what they do.

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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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Healthcare staffing marketplace Lantum raises $15M. Lantum competitors include CareRev, Nomad Health, ShiftMed, Trusted Health, Incredible Health, and Gale Healthcare Solutions.

CB Insights

Lantum, a healthcare staffing platform, has raised $15M in a Series A that drew participation from Cedars-Sinai Medical Center, Finch Capital, and Piton Capital, 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 cen

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Russian Mir payments may benefit from US exit

Payments Dive

While overall Russian card payments volume is expected to decline as U.S. card companies exit the country, Russia's Mir payments system and related cards may benefit, according to new research. U.S. payments companies are expected to forgo about $2.4 billion in annual revenue.

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Itaú Uses FICO's Cloud Fraud Solutions To Avoid USD$20M/m in Losses

FICO

Defending a third of all credit cards in Brazil. Itaú Unibanco, the largest private sector financial institution in Latin America, has migrated its fraud management and customer communication to the cloud, helping it to avoid over USD$20M a month in fraud losses. FICO's cloud fraud solutions have delivered a 15 percent cost reduction per customer account and a 20 percent improvement in fraud detection for online transactions.

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What is an API?

Axway

If you’re wondering, “What is an API?” you may not have heard the term before. Or perhaps you have a vague idea of what an API is or some understanding of what they do.

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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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BeamUp, a software developer creating digital twins for building management, raises $15M. BeamUp competitors include Avvir, Buildots, INDUS.AI, OnSiteIQ, OpenSpace, SiteAware, and Swapp.

CB Insights

BeamUp , a commercial real estate design and lifecycle management platform, has raised $15M in a seed VC round that drew participation from StageOne Ventures and Ibex Investors, among others. the state of venture report. Download our free report to get the TL;DR on what you need to know about venture funding and trends in 2021. First name. Last name.

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Amazon expands cashierless supermarket chain

Payments Dive

The tech juggernaut opened its first full-size checkout free Fresh store on the East Coast this week in suburban Washington, D.C., bringing the chain total to 27 nationwide. That latest opening in Fairfax, Virginia, is the first of four in that suburban area that Amazon plans to open.

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Hyper-Personalization + Prescriptive Analytics for Customer Offers

FICO

In today’s noisy marketplace, irrelevant offers are frustrating and often undermine customer sentiment. The win comes from consistently standing out from the competition with pre-emptive, competitive, attractive offers that you assign in real-time via omnichannel communications strategies. Personalization can mean many things, such as inserting the name of the client/ consumer to individualize digital marketing.

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Upgrading Education to Build New Pathways to the Workforce

Axway

The American education system has been in need of transformation for decades. Inequality, systemic racism, and lack of proper funding have led to a system that’s riddled with issues.

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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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Deepki, an ESG data intelligence service for real estate developers, raises $167M. Deepki competitors include GRESB, Measurabl, and RepRisk.

CB Insights

Deepki , an environmental, social, and governance (ESG) platform, has raised $167M in a Series C that drew participation from Highland Europe, One Peak Partners, and Statkraft Ventures, among others. Free Download: the State of energy. 2021 global energy funding increased 260% from 2020. Get our full report to find out all the trends. First name. Last name.

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Startup Fast abruptly shuts down

Payments Dive

The one-click checkout startup announced Tuesday it’s shutting down, despite the CEO promising heady growth this year as recently as January. Fast will "permanently discontinue" its Fast Checkout service on April 15, the company said.

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African startup ImaliPay raises USD 3 mln in seed funding

The Paypers

Pan-African fintech startup with a focus on gig economy ImaliPay has announced it received USD 3 million in a seed funding round, with the participation of Leonnis Investments, Ten 13, Uncovered Fund, My Asia VC, and others.

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An API-First stock watchlist example using API Builder – Part 1: API Design

Axway

This 2 part blog post is an example of using API Builder to create an API using an API-First approach. Specifically, we’ll design our API using API design tools such as Stoplight.

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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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Distributed workforce payroll provider Remote reaches $3B valuation. Remote competitors include Oyster, Deel, Globalization Partners, Multiplier, Omnipresent, Panther, Papaya Global, and Velocity Global.

CB Insights

Remote , a workforce management startup, has raised $300M in a Series C. The round drew participation from Accel, General Catalyst, SoftBank Group, and Sequoia Capital, 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-desk

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U.S. Bank teams with Lithia on real-time payments tool

Payments Dive

U.S. Bank and Lithia Motors are teaming up to test a new real-time payments tool for customers selling their used cars to the auto dealer in their driveways. The pilot in Portland, Oregon, is expected to be rolled out nationwide this year.

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Thales opens cyber Security Operations Centre in Morocco

The Paypers

Technology company Thales has launched a new cyber Security Operations Centre (SOC) in Morocco for real-time protection against cyber-attacks.

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Critical sectors can find a balance between API security and opening up to their partner ecosystem

Axway

Companies in critical sectors, where security is especially important, can – and should – open up to their partners via APIs without being threatened. But many fear they would have to compromise on API security to achieve greater speed.

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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.