article thumbnail

The Ultimate Guide to Ecommerce Payment Solutions

Stax

From different types of online payment gateways and key features to look for, to tips to help you choose the right payment solution for your business and implement it. TL;DR An eCommerce payment solution allows online businesses to accept payments securely and efficiently.

article thumbnail

AI Becomes the Banker: 21 Case Studies Transforming Digital Banking CX

Finextra

Traditional areas like fraud prevention (65%), credit underwriting (62%) and regulatory compliance (58%) are still heavily prioritized, reflecting that these were some of the first uses of AI in banking and continue to be critical for reducing losses.

AI
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

The Ultimate Guide to Accepting Credit Card Payments

Stax

This can be done through a variety of channels, which include but are not limited to: Point of sale (POS) terminals Mobile pos terminals Mobile card readers Mobile apps Online payment gateways These channels enable businesses to accept payments securely and conveniently, no matter where or how their customers choose to pay.

article thumbnail

What Is an ISO? Everything You Should Know about Independent Sales Organizations

Stax

Many payment providers will hold both designations at once—so whether someone says ISO, MSP, or ISO/MSP, they’re usually referring to the same type of business. In short: while their acronyms differ, the role of ISOs and MSPs remains the same: enabling merchants to accept payments securely and efficiently.

article thumbnail

Canadian Merchant Accounts: Top-Rated Payment Processing with EBizCharge

EBizCharge

Fragmented payment systems: Unaligned payment systems may force businesses to juggle multiple platforms, providers, and processes to accept and reconcile payments. Business model review: Underwriters can examine your products or services, sales channels, and refund and chargeback policies to understand your risk exposure.

article thumbnail

From open banking to open finance and beyond: The future of financial data-sharing

The Payments Association

Consider alternative credit scoring: in underbanked markets, open data allows lenders to assess creditworthiness using mobile payments, utility bills, and telecom data. For payments providers, this blurs the line between transaction services and credit enablement, with implications for product strategy and partnerships.

article thumbnail

Why AI’s Early Adopters Are Laser-Focused On Credit Risk And Payments

PYMNTS

percent do so in payment services, and 71.4 percent employ it for credit underwriting. percent reported using AI for underwriting and risk assessment purposes. Another key trend is that early AI adopters are more focused in how they are applying the technology. Among banks that use AI, 92.9