Sat.Sep 02, 2023 - Fri.Sep 08, 2023

article thumbnail

CFPB takes aim at Apple, Google tap-to-pay tech

Payments Dive

“Regulations imposed by Big Tech firms have a big impact on whether consumers and businesses can make payments using third-party apps,” CFPB Director Rohit Chopra said in a Thursday press release.

CFPB 183
article thumbnail

Spotlight On: PCI Pal, A New Principal Participating Organization

PCI Security Standards

Welcome PCI Pal, a new Principal Participating Organization (PPO) at the PCI Security Standards Council! In this special spotlight edition of our PCI Perspectives Blog, PCI Pal’s Chief Information Security Officer Geoff Forsyth introduces us to his company and how they are helping to shape the future of payment security.

article thumbnail

Inside the Bank of APIs: NatWest and the Evolution of Open Banking

Open Banking Excellence

How can banks, fintechs, regulators and all players in the UK’s Open Banking ecosystem create the right commercial incentives for financial institutions to deliver Premium APIs? In order to move to its next stage of growth and development, the UK’s Open Banking ecosystem must collectively answer one fundamentally important question. How can we incentivise banks to create the APIs needed to power innovative services which will catalyse wider adoption?

API 130
article thumbnail

5 Important Customer Retention Metrics in a Slow Economy

The Finance Weekly

During the pandemic, lockdowns and social distancing caused a big increase in online shopping. Stores quickly adapted to this by trying new things to attract online customers. People now expect a great online shopping experience. In 2023, shoppers are being careful with their money, especially for non-essential things. A , study by PwC showed that 69% of people changed how they spend money in the last six months, and 43% plan to shop online more in the next six months.

Economy 130
article thumbnail

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.

article thumbnail

JPMorgan Chase revs up payments lab hiring

Payments Dive

The bank is venturing further into fintech and payments for new product development at its lab in Greece.

Payments 179
article thumbnail

Update on Revision Efforts for PCI 3DS Core and SDK Standards

PCI Security Standards

The recent publication by EMVCo of updated versions of their 3-D Secure (3DS) specifications, as well as industry changes and stakeholder feedback, is providing input into current PCI SSC revision efforts of the two PCI 3DS standards, namely the Security Requirements and Assessment Procedures for EMV® 3-D Secure Core Components: ACS, DS, and 3DS Server (PCI 3DS Core) and Security Requirements and Assessment Procedures for EMV® 3-D Secure SDK (PCI 3DS SDK).

EMV 112

More Trending

article thumbnail

Fed raises concerns over Goldman Sachs's risk oversight

The Paypers

The Federal Reserve has released an official warning to US-based investment banking firm Goldman Sachs over risk and compliance oversight at its TxB fintech unit.

Risk 81
article thumbnail

X nabs Rhode Island, Mississippi money licenses

Payments Dive

The new licenses are aimed at advancing Elon Musk's campaign to expand the social media company formerly known as Twitter into the payments business.

Payments 173
article thumbnail

Partnering with Axway to deliver best-of-breed insurance services

Axway

“We are very vigilant, and we attach a lot of importance to the term partner,” says Fabrice Leyglène, Director of Information Systems for Macif, one of the leading French mutual insurance companies.

API 59
article thumbnail

Top Payment Gateways in Finland that You Need to Know

Inai

Finland is a market leader in online and mobile banking services. Finns prefer online banking and other contactless modes of payment (cards, digital wallets, BNPL) for purchasing online. So, businesses looking to sell in Finland must integrate the best payment gateways to offer preferred payment gateways and a seamless customer experience.

article thumbnail

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

article thumbnail

Major growth forecasted for the mobile payment security software market

The Paypers

A recent study from HTF MI has evaluated the mobile payment security software market, expecting it to grow significantly by 2028.

article thumbnail

Toast CEO resigns

Payments Dive

Chris Comparato, who has been CEO since 2015, told the restaurant payments company’s board on Friday that he’ll exit his leadership posts on Jan. 1.

Posting 167
article thumbnail

ACH vs. Wire Transfers: Which Is Right for You?

Nanonets

Ach and Wire are two of the most popular ways of money transfer in the United States. Both systems have their own unique advantages and disadvantages. You will have to make a choice based on your personal or business requirements. First, let's delve into the mechanics of ACH and Wire transfers, followed by an exploration of their distinctions, guidance tailored for small businesses, and concluding with instructions on establishing ACH and Wire processes.

article thumbnail

Churn vs. Retention Rate: Supercharge your revenue growth by knowing the difference

Chargebee

Churn and retention rates might look like two sides of the same coin, but they measure two different aspects of your customer journeys and apply them to other teams. The churn rate captures the drawdowns of customers that have exited your platform in a particular period (monthly, quarterly, annually) and better indicates the issues nesting within your business.

Product 52
article thumbnail

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?

article thumbnail

STICPAY forms new local payment partnerships

The Paypers

UK-based digital payment provider STICPAY has partnered with nearly 40 payment providers to promote financial inclusion across Asia, Africa, and South America.

article thumbnail

Mastercard CEO counters WSJ fee increase story

Payments Dive

In a Tuesday presentation, Mastercard’s CEO rebutted Wall Street Journal reporting last week about prospective credit card fee increases for merchants.

Visa 117
article thumbnail

Mobile Payment Processing: Empowering Atlanta Businesses on the Go

PayHawk

Hey there, Atlanta business owners! Have you ever wished you could make your payment process as smooth as a glass of sweet tea on a hot Georgia day? Well, guess what? It’s time to take a sip from the fountain of convenience with mobile payment processing ! Say goodbye to those clunky cash registers and hello to the future of payments. Get ready to tap into success with PayHawk, your friendly neighborhood payment processing superhero!

article thumbnail

The Key Role of Payment Orchestration in the Subscription Economy

PayXpert

More than 80% of households in the UK alone are signed up for at least one subscription service. ( Source: Whistl.co.uk ). In the US, the average consumer has four subscriptions ( source: McKinsey ).

Economy 52
article thumbnail

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.

article thumbnail

GenTwo raises USD 15 million in Series A funding round

The Paypers

Switzerland-based B2B fintech platform GenTwo has raised USD 15 million in Series A funding round, to expand internationally and develop its suite of services.

B2B 74
article thumbnail

Turmoil at Discover may make it an acquisition target

Payments Dive

Discover, hunting for a new CEO while it addresses compliance issues, might catch the eye of a large regional bank, an industry attorney said.

article thumbnail

How Smals helps the Belgian government innovate with APIs

Axway

Smals provides an API-centric platform to modernize the Belgium government’s data architecture and leverage new technologies and security protocols, while offering greater efficiency and cost-effectiveness.

API 52
article thumbnail

Embedded payments: good for b2b software platforms, great for business

Currencycloud

In today's evolving global business landscape, B2B platforms have emerged as key players, driving innovation and connectivity across various industries. People are moving towards B2B platforms, be it vertical SaaS platforms, business services platforms, or marketplaces. Many of these platforms require a robust international payments solution to keep up with the demanding needs and expectations of their customers.

B2B 52
article thumbnail

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.

article thumbnail

Astra Tech and Ant Group join forces

The Paypers

Astra Tech has partnered with Ant Group , a digital payment platform, to launch Alipay+, a cross-border digital payments solution, in the UAE.

article thumbnail

Block CFO details Square’s revamped sales approach

Payments Dive

Square’s refocused sales team is a “key investment area for us in the future,” Block executive Amrita Ahuja said Wednesday.

Blocks 109
article thumbnail

The rich history of value-added networks in EDI connectivity

Axway

The 1980s and 1990s can be thought of as the era where electronic data interchange ( EDI ) really took off.

Volume 52
article thumbnail

The creator economy goes global

Stripe

Stripe data shows that the creator economy has evolved but is still thriving. We’ve seen this evolution up close, as many of the largest creator platforms use Stripe Connect to onboard creators and pay out funds around the world.

Economy 52
article thumbnail

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.

article thumbnail

JP Morgan is looking into a blockchain-based digital deposit token

The Paypers

US-based JP Morgan has revealed its plans to expand its blockchain initiatives by introducing a blockchain-based digital deposit token.

article thumbnail

PayPal expands tie with Meta

Payments Dive

The digital titans plan to extend a partnership in which the payments company channels charitable giving on the Facebook and Instagram social media sites.

PayPal 97
article thumbnail

How to extract pages from PDFs: 5 quick ways

Nanonets

Extract pages from PDFs with our free PDF Splitter!   Try for Free Most of us deal with PDF files regularly. There are always instances when you need to extract specific pages from large PDFs — an expense claim from a bulk download, a page from an academic paper, a table from a lengthy report, or even a recipe from a large cookbook. So, how do you extract a page or a few pages from a PDF?

AI 52
article thumbnail

The AI landscape in Brazil

Axway

OpenAI’s GPT-4 became the icon of a new era, one that is characterized by broader conversations with machines.

AI 52
article thumbnail

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.