Payments Dive

JULY 14, 2023

Cleveland Fed President Loretta Mester in a speech this week spelled out tools the new instant payments system will have for thwarting fraud.

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Nanonets

JULY 14, 2023

This post is mostly going to focus on invoice OCR and invoice information extraction using OCR and deep learning. We will also touch upon what is wrong with the current state of invoice recognition OCR and information extraction in invoice processing. For a long time, we have relied on paper invoices to process payments and maintain accounts. Reconciling invoices typically involves someone manually spending hours browsing through several invoices and jotting things down in a ledger.

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Automation Process Payment APIs and Integration Database 98

Agile Payments

JULY 13, 2023

Payment vs Invoice: The Full Guide

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Payments 88

PCI Security Standards

JULY 11, 2023

With increased awareness of unconscious bias, and many initiatives supporting women in technology, security, and payments today, Kristine Harper sees a future where gender is not the only thing that sets women apart from men for leading roles in the industry. Instead, she says that experience, education, intelligence, and proven results will be the deciding factor when choosing between a man and a woman for the same position.

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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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Payments Dive

JULY 12, 2023

The restaurant payments software company’s rivals needled Toast over the addition of a fee to be paid by consumers.

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Consumer Payments 148

The Paypers

JULY 12, 2023

Southwest Airlines has tapped US-based payment technology solutions company MOST to power its inflight retail experience.

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Technology Payments 69

ACI Worldwide Blog

JULY 13, 2023

The relatively small scale of the Aotearoa market may discourage a high level of capital investment in payments infrastructure seen in markets such as Australia. Yet that shouldn’t be an obstacle to creating a highly resilient, agile, secure, extensible and scalable next-generation payments system. The post Next-Generation Payments in Aotearoa, New Zealand: A new dawn for growth appeared first on ACI Worldwide.

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Payments Dive

JULY 10, 2023

The Federal Reserve in July is launching the FedNow Service, an instant-payment service that will help banks and other financial institutions better serve consumers and businesses.

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The Paypers

JULY 12, 2023

The EU Commission has adopted a new strategy on Web 4.0 and virtual worlds to ensure an open and inclusive digital environment for EU citizens.

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Nanonets

JULY 13, 2023

In the digital age, businesses rely on efficient expense management processes to maintain accurate financial records and ensure smooth operations. However, one challenge that organizations often encounter is the presence of duplicate receipts. These duplicates can lead to errors in reimbursement calculations, compliance concerns, and inefficient use of resources.

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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

Payments

Axway

JULY 13, 2023

Software is eating the world. While penned more than a decade ago by Marc Andreessen, the idea has only grown with the rise of APIs in financial services.

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Payments Dive

JULY 10, 2023

The purchase gives Merchant Lynx Services a payment acceptance presence in the highway construction and large equipment sector, a Merchant Lynx executive said.

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The Paypers

JULY 10, 2023

Supply chain solutions and logistics services provider BEST Vietnam and Vietnam-based digital payment solution company VNPAY have partnered.

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Facilitators Payments Payment Solutions Digital Payments 68

Core

JULY 12, 2023

Increase Convenience and Improve Speed-to-Payment The current payment experience is riddled with a few challenges for consumers. With the average U.S. household paying at least 10 bills per month , consumers have multiple payment reminders and bills to manage. With 29% of U.S. consumers living on a variable income each month, at least 16% of households delay at least one bill each month.

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Payments Mobile Payments Payments Strategy Best Practices 52

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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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PayXpert

JULY 12, 2023

With the continuous development of global e-commerce and the impact of the pandemic on physical stores, consumer shopping habits have been rapidly changing. As a result, the live-streaming shopping industry in China has experienced significant growth in recent years. In 2016, Chinese retail giant Taobao (Alibaba group) pioneered an innovative shopping approach by linking an e-store with an online live-stream broadcast, allowing customers to watch and shop simultaneously.

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Payments Dive

JULY 14, 2023

The new program allows customers to earn cash back in their digital wallets from the chain store on eligible purchases.

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The Paypers

JULY 12, 2023

India-based Kunji Finance has partnered with decentralised exchange GMX to improve the former’s position as a decentralised asset management platform.

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Finance 66

ACI Worldwide Blog

JULY 12, 2023

In the battle to win sales in a market that’s increasingly shaped by intense competition, rapid change and economic disruptors, the customer experience is now king. With much of a merchant’s focus on front end functionality, back-end processes like payments and account reconciliation are often inadvertently relegated to the back seat. The post 6 Signs Reconciliation Inefficiencies Are Burdening Your Business appeared first on ACI Worldwide.

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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.

Payments

M2P Fintech

JULY 11, 2023

We live in a world of super apps , where data protection must be prioritized above everything. Safeguarding mobile app information from unauthorized access is imperative to prevent cyber-attacks. AES and ECDH To address security challenges, advanced encryption and decryption mechanisms must be integrated into the Android applications. By implementing robust encryption algorithms such as AES (Advanced Encryption Standard), and incorporating secure key exchange protocols like the Elliptic Curve

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Encryption Security Blocks Correspondent 52

Payments Dive

JULY 14, 2023

Trust and transparency of fees were other key factors for consumers and businesses choosing a cross-border payment provider, a Swift survey revealed.

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The Paypers

JULY 11, 2023

Australia-based independent third-party solar and energy monitoring provider Solar Analytics has launched the Integrated+ monitoring system.

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ACI Worldwide Blog

JULY 11, 2023

Payment gateways and payments orchestration both help merchants to process payments, but they operate differently and offer their own distinct advantages. Here, we explore their unique selling propositions, key benefits and considerations to help you choose the right solution for your business. The post Payment Gateways vs. Payments Orchestration: What’s the difference, and why it matters appeared first on ACI Worldwide.

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Payment Gateways Gateways Payments Process 52

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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CoinRemitter

JULY 13, 2023

Coinremitter offers two plans to the merchants who are utilizing its crypto payment gateway services for accepting crypto payments, a free one and a premium one. The free plan also has its benefits when we compare it to some other market players. But with the premium plan , merchants can break the barriers of a few limitations and unlock some exclusive features that can enhance your experience of accepting crypto payments.

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API Cryptocurrency Addressing Payment Gateways 40

Payments Dive

JULY 14, 2023

The tech giant, now valued at $3 trillion, is continuing to expand its financial offerings after debuting a buy now, pay later feature and a savings account earlier this year.

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Payments Continuity Accounts 78

The Paypers

JULY 10, 2023

Payment solutions provider Payment Asia has announced the launch of an AI-powered processing service set to raise ESG standards for payment solutions in Hong Kong.

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Nanonets

JULY 11, 2023

In today's business landscape, organizations face a myriad of challenges related to financial integrity, regulatory compliance, and operational efficiency. Among the critical areas that require careful attention is the control of purchasing activities. Effective purchases controls ensure compliance with regulations, mitigate risks and promote operational efficiency.

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Procedures Audit Mitigation Assessments 40

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.

Payments

Finextra

JULY 10, 2023

Isabel Schmidt, Co-Head of Global Payments Products, BNY Mellon, joins us at EBAday 2023 to discuss real-time payments and the ways to improve fraud controls with data validation services and cross-industry collaboration.

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Real Time Payments Global Payments Product Payments 40

Payments Dive

JULY 13, 2023

In its recent sale of an ownership stake in Worldpay, FIS agreed that the new joint venture with GTCR could be put up for sale a handful of years after they close the deal.

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The Paypers

JULY 14, 2023

Belgium-based e-money provider Paynovate has teamed up with LACPS and extended its operations to France, thus expanding its European presence.

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Nanonets

JULY 11, 2023

This article talks about the different processes within any electronics or related manufacturing company that can be automated using AI-based tools. Heavily manual processes like trade financing documentation or accounts receivable management can now be automated up to 90% of the way using digital tools like Nanonets. Introduction In today's fast-paced business environment, electronics and related manufacturers face numerous challenges when it comes to managing the extensive documentation i

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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.

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