MPC Newsletter – 2023 March
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Backstage with Ganeshram Ramamurthy Please state your name, title, company, and email address to provide to prospective partners and customers interested in receiving more information. Ganeshram Ramamurthy – Director of Engineering – Relevantz Technology Services How would you describe your value proposition to prospective customers and channel partners? We have a proud heritage…
With Q1 closing, AI, data challenges take center stage By Tracy Lai, MPC Strategist, FinTech Consultant, and Partner at LYSTAR GROUP It is almost the end of Q1, 2023, closing out the warmest winter in recent memory. With little snowfall in the tristate area and other parts of the world, the threat of global warming…
Is FinTech changing the way we bank? By Allen Kopelman, CEO, Nationwide Payment Systems FinTech, or Financial Technology, has become a big part of the banking and payments industries over the past decade. As digital technology continues to evolve, banking and payments sectors strive to meet consumers’ and business owners’ changing needs and expectations. Meeting personal and…
MPC: The Digital Commerce Event Announces Several Top-Tier Sponsors Chargebacks911, Discover, Elavon, Kount, Relevantz, U.S. Bank, Walker Group Support MPC23, to be held Aug. 23-25 in Atlanta ATLANTA, GA, USA, March 16, 2023 /EINPresswire.com/ — MPC: The Digital Commerce Event, today disclosed several of the leading brands sponsoring its live, three-day conference and expo, to be held Aug. 23…
MPC: The Digital Commerce Event to Host Atlanta Conference Aug. 23 to 25, 2023 FinTech, Banking, Security and Payments Leaders to Convene in Transaction Alley ATLANTA, GA, UNITED STATES, March 14, 2023/EINPresswire.com/ — MPC: The Digital Commerce Event, today announced its in-person return to the Westin Atlanta Perimeter North on Aug. 23 to 25, 2023. The…
Commerce Trailblazers to Share Diverse Perspectives at MPC: The Digital Commerce Event Cross River Bank, Discover, Elavon, Kount, Relevantz, U.S. Bank, Walker Group and Other Leaders to Speak in Atlanta, Aug. 23-25 ATLANTA, GA, USA, March 9, 2023 /EINPresswire.com/ — MPC: The Digital Commerce Event, will bring top-tier keynote speakers and panelists to the Westin Atlanta…
ValleyFinTechPay, the Arizona chapter of BayPay Forum, held its first meeting at Deloitte’s Tempe offices on Thursday, Feb. 23, 2023. Lanny Byers, president and board member of ValleyFinTechPay, shared insights on the newly formed organization and Arizona’s growing fintech community with The Green Sheet. Following are interview highlights. What inspired you to start an Arizona…
US race for digital dollar fuels case for Bitcoin FOR IMMEDIATE RELEASE – March 6, 2023 With the US government’s work on a potential digital dollar accelerating, meaning a digital greenback could soon be a reality in the US, the case for Bitcoin becomes “significantly stronger.” This assessment from Nigel Green, CEO and founder of…
Epson to Showcase Latest Restaurants Technology Solutions at MURTEC 2023 Flexible and Efficient Printing Solutions Help Restaurants Optimize Workflows and Drive Better Customer Experiences LOS ALAMITOS, Calif. – Feb. 28, 2023 – Epson today announced plans to showcase leading and essential hospitality technology solutions at MURTEC 2023, the multi-unit restaurant technology conference. Epson solutions, engineered…
Payments and Digitization Trends: Insights from Deluxe As a first timer to the Deluxe Exchange Conference in Phoenix this year, I was unsure of what to expect. The conference overall provided excellent content about anything from fintech collaboration to leadership and so much more. The highlight of the conference for me was sitting down with…
Sound Payments Announces Reseller Promotion for the All-in-one, Cloud Based Sound POS Company is Processor Agnostic, Subscriptions Grew by 50 Percent in 2022 JACKSONVILLE, Fla. (Feb. 4, 2023) – Sound Payments announced a promotion today, providing 10 percent off Sound POS hardware for new and existing reseller partners as part of overall company plans to…
How Merchants Are Ditching Their Service Fees A cash discount program and surcharging are both methods that businesses can use to pass on some or all of the cost of credit card processing to customers. However, there are some key differences between the two: Cash Discount Program: In a cash discount program,…
Regal.io’s Call Branding Tools Deliver 3x Industry Average Answer Rates Regal.io’s Branded Caller ID, Spam Remediation and Journey Builder solutions enable brands to control outbound phone call branding to build customer-first phone experiences. New York, Feb. 23, 2023 – Regal.io, the outbound phone and SMS sales solution, announced today the launch of a suite…
Paytronix Gift Card Report: Inflation Forces Changes for Both Restaurants and Guests Restaurant gift card revenue is up 6% year over year; total cards sold is down 2%. Digital and third-party sales are starting to replace in-store purchasing. Guests are spending more by purchasing higher value cards. Newton, MA, February 21, 2023 – Paytronix, the…
Ding Teams Up with Western Union to Offer Mobile TopUp Service from Canada to the world DUBLIN / MONTREAL, 22 February 2023: Ding, the largest international mobile top-up platform, today announced an agreement with Western Union that allows Western Union’s Canadian customers to send international top-up payments to the mobile phones of more than five…
Pidgin Partners with Community Bankers’ Bank to Facilitate Faster Payments Across Network of Independent Community Banks Community Bankers’ Bank is the latest institution to join Pidgin’s growing roster of correspondent bank clients ATLANTA, Feb. 21, 2023 – Pidgin, a secure real-time payments platform built for the future of payments, announced that Community Bankers’ Bank (CBB) is extending the…
Now Open: The Deluxe Exchange Library Don’t Miss a Moment: Catch All the DX23 Recorded Sessions Listen to your favorite sessions in our password-protected portal. Now you can relive your favorite sessions and listen to the ones you missed! The Deluxe Exchange library is open 24/7 and features all the audio recordings, presentations, and…
ValleyFinTechPay to host first meeting in Tempe with Digital Payments Leaders Bryce Deeney, equipifi CEO and Zach Aron, Deloitte, to Speak at Inaugural Event TEMPE, ARIZONA, UNITED STATES, February 21, 2023 /EINPresswire.com/ — ValleyFinTechPay, the newest chapter of BayPay Forum, will host an inaugural meeting at Deloitte’s offices at 100 S. Mill Ave., Suite 1800,…
MPC Newsletter – 2023 February
5 Reasons Why You Need a Merchant Account By Allen Kopelman, CEO, Nationwide Payment Systems With ever-changing technology and customer buying habits and preferences, the best way to meet customers, suppliers, and business partners wherever they are and accept all the different currencies and payment methods they may want to use, is to set…
Asia Financial Forum 2023 kicks off Year of the Rabbit By Tracy Lai, MPC Strategist, FinTech Consultant, and Partner at LYSTAR GROUP Welcome to the new year. It’s hard to believe it’s the third year since the pandemic, starting off as before with the Asia Financial Forum. Co-organized by the Hong Kong SAR government…
Celebrate Black Women in Fintech during Black History Month! This month is a time to reflect on the struggles, sacrifices, and triumphs of Black people throughout history. As we celebrate Black History Month, we want to acknowledge the contributions and achievements of Black women in fintech and recommit ourselves to promoting diversity, equity, and inclusion in the workplace and…
Using AI and payment automation to outpace competitors By Dr. Angela Murphy, VP, Business Development, Photon Commerce Payments automation and Artificial intelligence (AI) have become increasingly important in the world of finance, as businesses look for ways to streamline and optimize their operations. AI has captured the public imagination in recent years, with many…
Backstage with Kount’s Jared Kernodle Please state your name, title, company, and email address to provide to prospective partners and customers interested in receiving more information. Jared Kernodle, Chief Revenue Officer, Kount® How are you different from other brands in your space? Kount is trust and safety technology. And there are…
Will A.I. Replace Car Designers? First YouTube Episode of Frank Stephenson’s New Mobility Series Launched All-new YouTube video dedicated to explore Artificial Intelligence in design is launched on Frank Stephenson’s channel In this episode Frank explores the impact of the landmark technology in car design and also how it can help shape the future of…
AutoConnect: The Offline Payment Feature Created by LISNR Everyday customers are losing patience due to long lines at checkout. Most often these delays are caused by slow moving payment processes. While the shift of cash currency to direct payment from mobile wallets has helped to improve efficiency, the use of unidirectional QR codes to associate…
Accelitas Enhances Bank Account Validation Solutions with Real-Time Transaction Data Leveraging real-time data from Fiserv, Accelitas advances Account Validation with unsurpassed bank account coverage and proprietary analytics to help businesses grow beyond compliance PETALUMA, CA, February 9, 2023– Given today’s changing rules and economic uncertainty, the need for robust, pre-transaction account validation and risk…
FreedomPay hosted a live panel discussion on Monday, Jan. 16, 2023, with payments industry leaders at NRF 2023. The event, held 10:30 to 11:30 a.m., at Booth 4250 at New York’s Jacob Javits Convention Center’s exhibit hall, was live-streamed on YouTube, Twitter and LinkedIn, FreedomPay representatives stated. As moderator, I was fortunate to be joined…
Galileo to manage and service loans in seamless, bank-issued Galileo Buy Now, Pay Later offering, enabling more financial flexibility for today’s digital consumer SALT LAKE CITY–(BUSINESS WIRE)–Galileo Financial Technologies, LLC, a leading financial technology company owned and operated independently by SoFi Technologies, Inc. (NASDAQ: SOFI), today announced a buy now, pay later (BNPL) solution with…
Backstage with Galileo’s Trish Cox Please state your name, title, company and the email address to provide to prospective partners and customers interested in receiving more information. Trish Cox, Head of Operations, Galileo Financial Technologies. How is your company different than other brands in your space? Galileo offers a cloud-based, end-to-end, fully integrated financial technology…
MPC Newsletter – 2023 January
Community Giving: All Year and Every Day Podcast At Nationwide Payment Systems, we’ve supported charitable organizations since we opened in 2001, and last year we sat down with our staff to look at ways to honor local organizations. We met with leaders of local charities that are helping the environment, children, education, and veterans, and…
Author: Ganeshram Ramamurthy The number of decentralized finance (DeFi) dApp users is growing, with 4.8 million DeFi wallets out in cyberspace as of July 2022, a 69% increase from a year prior.1 In this blog, we’ll explore DeFi dApps and why they’re gaining in popularity. We’ll also cover gasless transactions (also called meta transactions) and…
oona & Magiccube team up to free merchants from dedicated payment acceptance devices January 10, 2023 Oulu, Finland – Santa Clara, USA oona a brand of Aava Mobile Oy, a global provider of professional-grade tablets and smart screens for enterprise merchants, is excited to announce that it’s partnering with MagicCube and its i-Accept…
OV Loop Launches Community Empowering Super-App Platform Ahead of Big Players Partnering Now with Key Merchant Service Providers That Need OV’s Platform with Omnichannel Engagement and Loyalty Tools to Better Serve Clients and Fend Off Big Tech Competitors FOR IMMEDIATE RELEASE DATE: January 5, 2023 – [Boston, MA, USA] – OV Loop announces the launch…
Author: Ganeshram Ramamurthy In this article, we’ll explore the features and benefits of this exciting new financial model and how it can be used in Fintech applications to improve financial offerings. How can CeDeFi be used for Fintech applications? CeDeFi can bring many benefits to the Fintech industry to serve the needs of both traditional…
MPC Newsletter – 2022 December
MPC Newsletter – 2022 November
MPC Newsletter – 2022 October
MPC Newsletter – 2022 September
MPC Newsletter – 2022 August
December 1, 2022 MINNEAPOLIS–(BUSINESS WIRE)–Dec. 1, 2022– U.S. Bancorp (NYSE: USB) today announced that it has completed the acquisition of MUFG Union Bank’s core regional banking franchise from Mitsubishi UFJ Financial Group, Inc. (NYSE: MUFG). The transaction brings together two premier organizations to serve customers and communities across California, Washington, and Oregon and support a…
Year-end wrap up for holiday season 2022, as we approach year-end, has been bittersweet in our industry and world. Cryptocurrency exchange FTX bankruptcy has broadly impacted companies, sovereign wealth funds, and other traditional financial institutions. It highlighted the importance of balancing regulation with wild innovation. And it also raised the question to a bigger audience…
Boost non-interest revenue with a bank-fintech partnership There’s been so much hype recently about how banks need to be more like fintechs. Financial analysts are warning banks to innovate quickly or risk being left behind. But we’re talking about banks here, not Burger King. Speed of service may be the end game in the fast…
Instant Payments Adoption: Shifting to the “New Normal” The worldwide value of instant payments is said to reach $70.4 billion over the next five years, growing close to $200 billion by 2024. The rising demand for instant payments doesn’t just have to do with B2b transactions, the gig economy or cross-border payments. It is also…
The fundamental promise of omnichannel commerce is to meet customers wherever they are, whether they’re transacting via mobile app, internet, cellular network or physical store. But how can merchants and service providers recognize valued customers in the digital world? It makes sense that omnichannel commerce deserves an equally multilayered approach to authentication and verification in…
Ringing in the New Year with MPC’s Board of Advisors The approaching new year will bring opportunities, challenges and new technologies to the digital commerce sphere. MPC sat down with several members of our advisory board to get their take on 2023. Following are excerpts from our backstage interviews with Travis Dulaney, Greg Wilfahrt, and…
May your Business be Busy and your Sales be Bright Happy Holidays from all of us at MagTek ‘Tis the season retailers look forward to all year – Holiday Shopping Season! From Black Friday to Cyber Monday to New Year’s Day sales, customers clamber for good deals, and good cheer. And to ensure a Happy…
Aspen Kirk’s House of Dreams This holiday season, we celebrate the true stars of Obsidian Banking’s journey with “House of Dreams” by Aspen Kirk, the artist who designed Obsidian Banking’s logo. This season, we celebrate the talented, courageous, and resilient Black community, past, present, and future. You are always with us. Thank you, MPC, for…
Protect legacy systems with advanced MFA Account takeover (ATO) is a hot topic right now and even bigger problem for businesses. We’ve all heard how usernames and passwords are insufficient protection against a growing number of threats. And we’ve heard about high-profile security breaches against well-known brands, but not all attacks make the 6:00 news.…
What gasless transactions mean for DeFi dApps Author: Ganeshram Ramamurthy | Relavantz The number of decentralized finance (DeFi) dApp users is growing, with 4.8 million DeFi wallets out in cyberspace as of July 2022, a 69% increase from a year prior.1 In this blog, we’ll explore DeFi dApps and why they’re gaining in popularity. We’ll also…
Push Provisioning – What is your digital strategy? Cardholder payment technology is changing rapidly, and digital wallets have evolved alongside physical cards to expand consumer payment choices. Some financial institutions have invested heavily in the development of technologies to build their own solutions to provision physical cards to a digital wallet while others are looking…
NMI Acquires Agreement Express’s Payments Solutions, Providing More Value for Partners NMI and Agreement Express’s combined solution will enable partners to better scale and monetize merchant portfolios SCHAUMBURG, IL – DECEMBER 6, 2022 – NMI, a leading full commerce enablement technology company, has acquired the Agreement Express payments solutions, including onboarding, underwriting and risk…
Identity Digital Releases its First DNS Anti-Abuse Report FOR IMMEDIATE RELEASE The quarterly report, made possible by its Dynamic Defense™ service, demonstrates significant progress in mitigating domain abuse among its top-level domains (TLDs). BELLEVUE, WA – November 30, 2022 – To promote awareness among registrars, trusted notifiers, and end users, Identity Digital™, a leader in…
Global payments survey finds 85% of firms are ready for real-time payments Almost two thirds of payments firms agree that over the next two years, there will be an increase in regulation, specifically around customer protection, data protection and cryptocurrency The future of payments is coming, with 85% of global firms ready for real-time payments…
Valor PayTech Appoints Eric Bernstein CEO JERICHO, N.Y., Nov. 30, 2022 — (Business Wire) – Valor PayTech, a fast-growing fintech provider of end- to-end, processor-agnostic omnichannel payments solutions, announced today the appointment of Eric Bernstein as chief executive officer in addition to his current role as chief operating officer, effective immediately. Bernstein was also appointed…
They are always with us By Damon Kirk When I stepped out this morning I saw leaves dancing, spirals of color dancing in the wind. It was a fall morning like this, in October 1916, when Anthony Crawford stepped onto his land, some he had inherited, some he had purchased, with plans to build a…
NAC 2022: The ATM reinvented The National ATM Council met in Hollywood, Fla., at the Hard Rock Hotel, and it was a jam- packed conference with educational information, great speakers, presentations and exhibitors. Being in the credit card business and also in the ATM business since 2001, I have a distinct take on ATMs. My…
Singapore FinTech Festival kicks off in November Singapore FinTech Festival, the largest FinTech Festival in the world and a knowledge platform for the global FinTech community, kicked off its largest in-person show post Covid in Singapore in Nov. 2-4, 2022. Organized by the monetary authority of Singapore in partnership with the Association of Banks in…
Women in FinTech and PayTech: Let’s Rise Up and Do Better Together! Last month I attended the Rise Up program as part of the Do Better Together initiative at Money20/20. To say that the programming, speakers, and relationships I formed in the industry were life-changing seems like an understatement of the experience. For those who…
FIDO advances passwordless future Authenticate 2022, held Oct. 17 to 19, at the Sheraton Grand Seattle, drew approximately 500 on-site and 400 virtual attendees from the global identity community. Hosted by FIDO Alliance with signature sponsors Google, Microsoft, Visa and Yubico, the three-day event highlighted advanced approaches to online and mobile authentication in exhibits, live…
Backstage with Wendy Holliday, CEO, PayTech Women Q>What inspired Wnet’s rebranding and how does the new name and brand reflect your vision and mission? In 2005, the founders of Women’s Network in Electronic Transactions (Wnet) created a unique space for hundreds of women in the payments industry to connect, network and share objective advice. Wnet…
Thwart ATOs with high-tech, high-color security As recent high-profile security breaches have shown, account takeover (ATO) attacks are a growing problem for businesses of all types and sizes. And despite recent advancements in pass wordless and multifactor authentication, which have improved security, we still have a deficit of viable authentication methods and hackers are still…
PaxCon 2022 After a 2-year pandemic induced hiatus, Pax US is hosted its PaxCon conference at the Hilton Resort in Orlando for their ever-expanding reseller base. Over 500 attendees were there to see all of the new Pax products and services and were not disappointed. CEP Andy Chau started the sessions with the Company’s substantial…
AppTech Payments Corp. Announces Partnership with Chip Financial Partnership enhances Chip Financial’s suite of solutions that provide brands transformative technology to create seamless customer experiences CARLSBAD, Calif., October 18, 2022 (GLOBE NEWSWIRE) – AppTech Payments Corp. (“AppTech”) (NASDAQ: APCX), an innovative Fintech company powering commerce experiences, today announced its partnership with Chip Financial to support…
Synchrony Expands Partnership With Sycle to Deliver Integrated Digital Payments Solutions for Hearing Providers Allegro Credit Installment Loan Solution on Sycle Practice Management Software Accelerates Digital Transformation for Hearing Industry Providers; Partnership to Add Payment Options for Purchase of Hearing Aids and More Stamford, Conn. and Denver – October 13, 2022 – Synchrony (NYSE: SYF),…
FinTech Automation, ForwardAI partner Monday, October 24, 2022 — 10:43:05 (EDT) NEW YORK, NY (October 19, 2022) – ForwardAI, a fintech providing aggregated access to accounting & business data and analysis, announced today its partnership with FinTech Automation, a financial technology company that allows fintechs and traditional financial institutions (FIs) to offer various embedded finance…
PayNearMe tools democratize client data MONEY20/20 USA, LAS VEGAS, NV, October 24, 2022 – PayNearMe, a fast-growing fintech company radically improving the customer payment experience, announced PayNearMe Insights, an industry-leading suite of tools that puts the power of payments and consumer behavior data into the hands of PayNearMe clients. “Data shouldn’t be locked in the…
Monday, October 24, 2022 — 11:17:59 (EDT) NEW YORK–(BUSINESS WIRE)–Today Nova Credit – the world’s leading consumer-permissioned credit bureau – in partnership with independent research firm, Researchscape, unveiled The State of Alternative Data in Lending that provides an inside look into how lenders are currently using alternative data in underwriting, the market’s perception of this…
U.S. Consumers Prefer Seamless and Fully Integrated Payment Experiences, New Entrust Survey Reveals Entrust survey on U.S. consumer behavior identifies clear gaps and opportunities for banks, credit unions and other financial institutions looking to capture top-of-wallet status MINNEAPOLIS –October 24, 2022 – The culmination of decades of payment and banking innovation is driving a revolution…
Durbin 2.0: A Clear and Present Danger, By Allen Kopelman It’s called Durbin 2.0 for a reason: the policymaker who never took the time to understand how credit card processing works is back, with more prescriptive legislation designed to fix things that aren’t broken. We went live on LinkedIn to discuss the proposed bill and…
Money20/20, the largest FinTech Event, kicks off the week Money20/20, the largest FinTech event in the world, is kicking off its largest post-Covid show in Las Vegas, NV, Oct. 23-26. And here I am, with around 11,500 colleagues from more than 3,000 banks, FinTechs, technology firms, service providers and policymakers from around the world, for 3½-days…
After two years of virtual conferencing, MPC: The Digital Commerce Event took place in person at the Westin Atlanta Perimeter North, Aug. 22 to 24, 2022, attracting several hundred banking, financial services, tech and merchant services professionals. Palpable energy flowed through the exhibit hall, breakout sessions and main stage at MPC’s 12th annual conference. Peter…
Major e-commerce technology providers partner to deliver a cutting-edge alternative financing solution to merchants and consumers South Jordan, UT, October 14, 2022 – FuturePay Holdings Inc. ( FuturePay ), a provider of digital revolving credit solutions, today announced it has completed an integration into the Bold Commerce headless checkout experience. Through this integration, Bold Commerce…
WOW what a Leadership Summit and WOW what an experience it was! I hope you were part of our record-breaking 15th Leadership Summit, presented by FIS, on September 27 & 28 in Atlanta! If you couldn’t make the event, watch for summaries in upcoming issues of PayTech News and stay tuned for recordings & live speaker…
Sound POS™ and Sound Easy Pump™ provide inside and outside payment solutions With our EMV pump solution proven and installed at stations, Sound POS is a natural next addition to our petro product line. ” — Andrew Russell, president of Sound Payments JACKSONVILLE, FLORIDA, UNITED STATES, September 27, 2022 /EINPresswire.com/ — Sound Payments, the software…
Innovative and Cutting-Edge Clothing and Apparel Businesses Craft Memorable Domains for Their Online Stores. BELLEVUE, WA – September 27, 2022 –Identity Digital™, a leader in connecting the online world with domain names and related technologies, announced after an exciting Fashion Week that emerging, small as well as well-known businesses such as Vogue and Michael Kors…
Commercial virtual card use has boomed in recent years, from supplier payments and software subscription to insurance and travel expenses. The worldwide value of these transactions are expected to hit $7 trillion in 5 years, a gain of $5 trillion from 2021, according to Visa. However, this phenomenal growth expands beyond commercial use cases. Virtual…
Why would financial institutions, with rich reserves of consumer data, artificial intelligence and advanced sense-making technology, paint marginalized communities with a broad brush? Aggregating all types of underfinanced individuals into one amorphous “underserved” demographic seems odd, especially in financial services, an industry that champions personalization at scale. Examples of personalization on a massive scale might…
MPC launched its first post-pandemic, in-person show in Atlanta, GA, Aug 22- 24, 2022, attracting business leaders and executives from across the payments and digital commerce ecosystem. Throughout the three-day conference, banks, fintechs, technology companies and service providers shared perspectives on trending topics, including the following: Build, Connect, Innovate: Peter Gordon, Head of Enterprise Money…
ISO, the organization in Switzerland that makes up the codes for individual business types that are used around the world, and by the card brands, to identify specific business types, has issued a new code for Firearms/Guns. When the news first broke, I was a bit shocked that there wasn’t immediate blowback, but then I…
MineralTree’s 7th Annual State of Accounts Payable (AP) report highlights impact of modern payment processes on supply chains; reveals disconnect between buyers and suppliers on ePayments Boston, MA, September 22, 2022 – MineralTree, an Accounts Payable (AP) and payment automation solution provider, today released its seventh annual State of AP report. For the first time ever, MineralTree expanded its research…
What impacts did COVID have on the banking industry? Covid has accelerated the digitalization of retail bank branches whether we like it or not. It has altered the ecosystem as a lot of banking activities are now being pursued through online or mobile banking and due to covid, the rise of digitalization is required to…
Technology has several goals for retail banks, including the migration of transactions and sales to digital channels, 24/7 customer access for every interaction, a personalized approach to sales, and a unified, omnichannel user experience—meaning that customers have a seamless experience whether they are online, on an app, or in the branch. Micro Branch is a…
For Immediate Release – September 14, 2022: 30% Improvement in Fraud Detection Plus Major Time Savings Investigating Each Suspicious Case Resistant AI, the AI and machine learning financial crime prevention specialist, today announced that Habito, an online mortgage broker and lender, whose mission is to make it easier to get a mortgage and buy a home, has…
Partnership provides restaurants with actionable customer satisfaction data at scale, tied to specific dishes ordered and hospitality service provided. Delivers insights to help restaurant teams improve customer engagement. Available via Paytronix Order & Delivery app and Paytronix platform. NEWTON, Mass., Sept. 13, 2022 (GLOBE NEWSWIRE) — Paytronix Systems, Inc., the most advanced digital guest experience platform,…
Businesses and investors now have the opportunity to purchase these premium domains for the first time at “buy it now” pricing. BELLEVUE, WA – August 30, 2022 – Identity Digital, a leader in connecting the online world with domain names and related technologies, announces that it will release approximately 5,000 previously reserved domains at “buy…
For immediate release: August 26, 2022 NEWS RELEASE For immediate release: August 26, 2022 Global RPA software and services market will be worth $20 billion by 2030, says GlobalData Following disruptions caused to businesses by the COVID-19 pandemic, there has been increased interest in robotic process automation (RPA) as enterprises seek to reduce dependency on…
ATLANTA — A joint initiative among five separate companies, including Uber Freight, to pay drivers as fast as two hours after receiving documentation is several months old, but some of its participants laid out the specifics to an audience of fintech professionals at a key conference. What Uber Freight (NYSE: UBER) is calling LightningPay was announced in…
Aite-Novarica Group, in partnership with MPC, recognizes innovative digital wallet providers leveraging best-in-class technology at an awards presentation during this year’s Mobile Payment Conference, MPC22. August 25, 2022 (BOSTON) — Aite-Novarica Group has announced the winners of the 2022 Digital Wallet Impact Awards. The awards, which were presented yesterday during the Mobile Payment Conference, recognize innovation achieved…
Aug. 22-24, 2022 | Westin Atlanta Perimeter North Join us, with our Atlanta Chapter and in partnership with the MPC Digital Commerce Event, for special education and networking events at MPC22! Log in to receive a FREE registration with promo code: WNET22100. Engage with Wnet at MPC22: August 22 | 3:50-4:25 pm: The Power of Minority Transactions Panel moderated…
Q&A with Nick Hughes, Head of Growth, GoCart Nick Hughes is GoCart’s head of growth, and has an extensive background in payments, e-commerce, and SMB software. He is passionate about client and consumer experience. Q: So Nick, tell us about some of the big changes that restaurants have seen over the past couple years. A:…
Consumers’ love affair with dining out was strained during the global pandemic, but the relationship didn’t end altogether. Instead of going out to eat, consumers took their food to go or had it delivered. Restaurants had to adapt quickly to new expectations. Those that didn’t got left behind. Our research shows just how much consumer…
It’s rare to see a shopping cart filled with groceries, clothing or home goods left behind in a brick-and- mortar store, but online, it happens all the time. Amid the surge in e-commerce, cart abandonment rates remain high across the restaurant, retail and services industries – an estimated $4 trillion worth of goods were abandoned online…
We learned a long time ago that consumer preferences differed by demographics and geography. But consumer behavior in online shopping changed dramatically in the last few years, due in large part to COVID-19. As retailers reflect on the impact of quarantines and lengthy shutdowns, they’re also anticipating how consumers will act in the future. Will…
INVESTMENT DEMONSTRATES COMPANY’S CONTINUED COMMITMENT TO GROWING THEIR GLOBAL FOOTPRINT LOS ANGELES, CA (August 2, 2022) — Deluxe, the global provider of digital and cloud-based localization and distribution solutions to the world’s leading content production studios and distributors, announced today that they have acquired German dubbing studio, Creative Sound Conception Studio (CSC Studio). The announcement was…
For Immediate Release Aug. 2, 2022 – The U.S. Faster Payments Council (FPC), a membership organization devoted to advancing safe, easy-to-use faster payments in the United States, today announced its 2022-2023 FPC Board Advisory Group, a standing body authorized by the FPC Board of Directors. The Board Advisory Group represents a broad range of payments industry professionals to ensure diversity…
The cloud based, PCI-compliant platform has already directly helped over 500 dealers nationwide August 02, 2022 09:00 ET | Source: Green Payment Processing, Corp … LONG BRANCH, N.J., Aug. 02, 2022 (GLOBE NEWSWIRE) — Green Payments, a credit card processing and point of sale disrupter, today announces its new Dealer Genie program, which gives automotive dealer merchants complete control…
Exclusive launch between tech leaders enables c-stores to sell more merchandise through all digital channels, including order ahead, curbside third-party marketplaces, and delivery Newton, MA – July 27, 2022 – Paytronix Systems, Inc., the most advanced digital guest experience platform, today announced an exclusive launch with PDI (pdisoftware.com), a global provider of leading enterprise management software for the convenience retail…
LEHI, UT – July 26, 2022 – MX, a leader in Open Finance, today announced it will provide data cleansing and Instant Account Verification (IAV) for FuturePay’s MyTab™, a digital revolving credit platform for online merchants and their customers. MyTab helps online shoppers across the U.S. apply once for a credit line that they can…
Press Release New report explores key trends within the Credit-Cards-as-a-Service (CCaaS) market as well as perspective to both CCaaS buyers and providers July 21, 2022 (BOSTON) — Credit cards are a fundamental payment tool for consumers and businesses. Credit cards can also be profitable, even for a small credit card program, because of the interchange, fee, and…
Leaders from FinTech, Banking, Security and Payments Convene in Transaction Alley July 21, 2022 09:00 AM Eastern Daylight Time ATLANTA–(BUSINESS WIRE)–MPC: The Digital Commerce Event today announced its in-person return on Aug. 22 to 24, 2022 at the Westin Atlanta Perimeter North following two years of virtual conferences. The live conference will bring a diverse cohort…
VARs and Other POS Solutions Providers Can Learn More about the Benefits to the Retail, Hospitality and Cannabis Markets from MicroTouch Demos in Booth #601 MEDIA ALERT: HOLLAND, MI – July 18, 2022 Who: MicroTouch invites attendees to experience the latest in touch technology at RSPA RetailNow 2022, booth #601. What: MicroTouch will feature its…
Press Release Changes to workplace culture are here to stay; new cross-practice examines the impacts of the Great Resignation across the financial services industry BOSTON – July 14, 2022—Amid the COVID-19 pandemic, rapid digitalization, and changing demographics, expectations around workplace culture have created more demand for flexibility and oftentimes an incentive to job hunt, a phenomenon…
US Bank recently published “4 ways to make practical use of real-time payments,” highlighting how faster payments are enriching the lives of consumers and service providers. In addition to showing the power of collaborative technologies at work, these examples illustrate how far we’ve progressed in payments and financial services, due in no small part to…
Almost all of the mass payouts organizations believe that their AP accounts payable systems’ inability to handle scale is inhibiting their growth. These types of companies are not the only ones feeling the pains of slow innovation in the accounts payable technology space. When bills are not paid on time or mass payouts require manual…
FTX is a rising star in cryptocurrency world that was founded in 2018 and soon became one of the world’s most popular cryptocurrency exchange platforms. As of last July, the company has about $10 billion daily trading volumes serving over a million users and is valued at $18 billion. Wunderkind Sam Bankman-Fried, CEO at FTX,…
Out of all the current trends happening in the banking and payments industries at the moment, there’s probably nothing more controversial than buy now pay later. Is at a crossroads? It depends on who you ask. In September, BNPL was on a high coming off the summer months. Almost a year later, it seems the…
While consumers and small business owners are feeling inflation’s pinch, there are fewer Chapter 11 filings this year compared to last year, according to new research by Epiq Bankruptcy and ABI Research. Analysts noted commercial filings decreased 7 percent and small business filings by 8 percent in June 2022. In addition, total bankruptcy filings decreased…
With digital transformation impacting every aspect of retail and hospitality, payments analysts are questioning if traditional countertop terminals have a future. Look at how rapidly QR codes have scaled. Here at Nationwide Payment Systems, we started using QR codes 10 years ago when no one even knew what a QR code was and now everyone…
Press Release New report looks at nine fintech vendors providing banking and payments “as-a-service” cloud-based platforms with specialized services July 13, 2022 (BOSTON) — Companies need modern, unified payments networks that can seamlessly move money and issue cards across different countries as they scale. In Retail Banking and Payments Fintech Spotlight: Q2 2022—the latest in a quarterly series…
KANSAS CITY,MO. (July 11, 2022) – EPCOR® – Your Electronic Payments Core of Knowledge announced its acquisition of the COCHA, The Central Oklahoma Clearing House Association. The acquisition, effective July 1, includes COCHA’s Fraud Alert Service and Settlement Service. EPCOR was previously named the Management Member of COCHA in October of 2019 and carried out day-to-day operations…
While consumers and small business owners are feeling inflation’s pinch, there are fewer Chapter 11 filings this year compared to last year, according to new research by Epiq Bankruptcy and ABI Research. Analysts noted commercial filings decreased 7 percent and small business filings by 8 percent in June 2022. In addition, total bankruptcy filings decreased…
Press Release New report encourages FIs to follow regulator activity concerning point-of-sale lending as well as promote responsible borrowing behavior of BNPL customer July 7, 2022 (BOSTON) — The meteoric growth of buy now, pay later (BNPL) in the U.S. has led millions of consumers to adopt a new way to pay at checkout, both in-person and…
MPC Newsletter – 2022 July
South Jordan, UT, June 29, 2022 – FuturePay Holdings Inc. (“FuturePay”), a provider of digital revolving credit solutions, announced that it has signed an agreement with Cross River, a technology infrastructure provider that offers embedded financial solutions, for the company’s MyTab digital revolving credit platform. Headquartered in Fort Lee, New Jersey, Cross River is a…
12th Annual Conference, Themed ‘The Currency of Change’, Set for Aug. 22-24 June 27, 2022 09:00 AM Eastern Daylight Time PHOENIX–(BUSINESS WIRE)–MPC22 Digital Commerce Event is pleased to announce and thank its sponsors, the world’s leading FinTech brands, for covering a $50 discount towards registration fees. “Digital commerce kept our economy running through the pandemic” Tweet this…
Press Release New report helps regulators, FIs, and fintechs understand their roles within the evolving global digital payments ecosystem June 22, 2022 (BOSTON) — The global digital payments ecosystem continues to evolve as new and incumbent financial institutions (FIs), payment networks, central banks, governmental agencies, businesses, and other market players push for innovation. In Digital Payments Across the…
Fresh Rebrand Unveils New Name and Logo Reflecting Commitment to Digital Identity, Not Just Domains BELLEVUE, WA – June 22, 2022 – Donuts Inc. and Afilias, Inc. have a fresh new look after major rebranding efforts, uniting them under a new company name and single brand. Identity Digital™ was chosen to reflect better the commitment to helping customers find, grow and protect their…
PPRO, the leading provider of digital payments infrastructure, has appointed former Wayfair Europe finance chief Rahul Raswant as its new Chief Financial Officer. Rahul takes over the position from Götz Möller, who is stepping down after more than three years at the company. Rahul brings diverse international experience to the role. Prior to joining PPRO,…
Payments fraud isn’t going away–and fraudsters’ techniques are getting more sophisticated all the time. In the face of the growing threat, protecting your program from the financial and reputational risks stemming from fraud has never been more important. Lucky, Galileo Dynamic Fraud Engine has your back. By leveraging customizable risk parameters, behavioral analysis and real-time…
Embedded real-time payments allow companies, regardless of industry, to offer real-time payment services directly to their clients. By ‘embedding’ payments, companies leverage real-time payment technology to effectively eliminate the extra process layers – and time — necessary to complete transactions in ‘traditional’ ways. There’s a lot to be excited about this year when it comes…
5G ultra-wideband technology began rolling out in April 2019 and continues to make its way around the globe, creating an infrastructure designed to support agile video streaming and multi-device connectivity. The Green Sheet recently interviewed Mario Galatovic, vice president of products and alliances at Utimaco about the changes we can expect with 5G technology. 5G can…
On May 24, 2022, FinTech Nexus, formerly Lendit, drew more than 4000 attendees to New York’s Jacob Javits Center for two intense days of engagement and networking. Following are conference highlights: Fintech women: Over 100 fintech female executives shared insights on career enhancing strategies and ways to achieve influence in a male-dominated field. The session…
I am excited to announce a new Wnet program that will prepare you to lead with ease, perform at your peak, influence those around you and positively affect your organization. As co-chair with Tom Wimsett, Chairman & Managing Partner, Merchant’s PACT, we have developed the PayTech Women Executive Academy with expert executive coaches and trained facilitators to propel you to succeed,…
May 2022 went out with a bang and a new fintech holiday: Finclusion Day! What better way to gauge our collective progress than with our very own holiday? Going forward, fintechs around the world will promote advances in financial inclusion every May 31. And considering our industry’s vast reserves of creativity, I can’t wait to…
The rise of embedded finance tools in the consumer sector in recent years has made payments and money management significantly more convenient, flexible and intuitive for users, while drastically increasing revenue and growth opportunities for providers. With the power–and profitability–of embedded finance well-proven in the consumer sector, the model has begun making its way into…
Press Release FIs looking to tie gift card issuing to digital banking applications or embed into in-branch experiences June 14, 2022 (BOSTON) — Few financial services products are as iconic or prominent in the mindset of the American consumer as gift cards. Most Americans have received, purchased, or used gift cards in some shape or form, but…
-FOR IMMEDIATE RELEASE- June 13 2022 Investors of DeFi (decentralized finance) need to exercise “caution and scrutiny” amid growing concerns about the liquidity of this certain type of cryptocurrency service, warns the CEO of a global financial giant. The warning from Nigel Green, the chief executive of deVere Group, one of the world’s largest independent…
Since the beginning of the Pandemic, it has become eminently more noticeable that retail and dining customers are using contactless payments far more frequently. What started out as germophobic anti-virus protection on payment terminals has developed into a very convenient payment habit for many consumers. Contactless payments, like most payment innovations, has taken a long…
DirectBiller platform addresses unique billing and payment requirements of commercial and residential property managers BURLINGTON, Mass., June 14, 2022 (GLOBE NEWSWIRE) — Aliaswire, a provider of bill payment and credit solutions for businesses and banks, today announced the general availability of a new Multi-Payer capability in its DirectBiller platform for property management. Offered exclusively through…
MPC Newsletter – 2022 June
Press Release Companies should tailor CX Strategy not only to their customers’ needs, but also to their own size and industry, Says Aite-Novarica Group New report presents high-level themes of financial institutions and insurers about CX practices within their organizations June 9, 2022 (BOSTON) — There is widespread consensus about the importance of customer experience (CX)…
Helps billers avoid high costs of new ACH requirements BURLINGTON, Mass., June 08, 2022 (GLOBE NEWSWIRE) — Aliaswire, a provider of bill payment and credit solutions for businesses and banks, shared early results today from its work with leading banks and their commercial clients to reduce the cost of new ACH bank account validation requirements. Many…
Press Release FIs Considering Impact of P2P Services on Customer Experience, Says Aite-Novarica Group New report explores the key themes that emerged from Aite-Novarica Group’s second annual Retail Banking & Payments Forum June 8, 2022 (BOSTON) — Digitalization has impacted nearly every facet of financial institutions (FIs), from digital banking to electronic payments. Exploring the role of…
Press Release Gaps exist between current data capabilities and business users’ expectations; new report provides a checklist for developing a data strategy. Boston, June 2, 2022 — Banks and financial institutions (FIs) must address immense challenges when deploying data strategies and related data architecture: diverse core systems and data stores, limited data integration, and even a lack…
Press Release With control over all their data, customers will access an “internet of finance” with unlimited possibilities for new value creation London, 31 May 2022 — The development of an open financial ecosystem—in which the consensual sharing of customer data among financial institutions (FIs) and businesses creates new business models—is one of the future defining trends in…
FOR IMMEDIATE RELEASE NEW YORK, May 23, 2022 — (Business Wire) – Valor PayTech, a fast-growing fintech provider of end-to- end, processor-agnostic omnichannel payments solutions, today announced platform integrations with Electronic Payments Inc. (EPI) and Electronic Payments Exchange (EPX), a wholly-owned subsidiary of North American Bancard, are currently underway. Valor strives to provide resellers and…
Recently we announced the formation of a multi-year strategic partnership with Mastercard to accelerate digital transformation and improve access to financial opportunities for the underserved in Latin America and Caribbean. Together with Mastercard, we are enabling Latin American fintechs and issuers to build and launch digital financial services using our combined capabilities and infrastructure. As part…
(formerly LendIt Fintech) It’s nice to re-meet you! Over the past few weeks, we’ve been dropping some (not so subtle) hints that the next step in our brand evolution was coming. We’ve grown our team, our footprint, and our subject matter tremendously and it is time to step into a name and brand that reflects…
Headliners Include FinTech Thought Leaders from U.S. Bank, Heartland, Intel, GoCart, Aliaswire, Galileo, Kount and More PHOENIX – May 17, 2022 – MPC: The Digital Commerce Event is pleased to announce its agenda for MPC22, the 12th annual conference on the future of emerging and alternative payments, which is being held August 22-24, 2022 at…
Customers Will Have More Ways to Spend Cryptocurrencies; Shopify Merchants Using Crypto.com Pay Will Enjoy 0% Settlement Fees for One Month Singapore, May 17, 2022 – Crypto.com, the world’s fastest growing cryptocurrency platform, announced Shopify merchants can now enable Crypto.com Pay on their online storefronts and expand their reach by giving customers more ways to make…
In celebration of Small Business Week and National Small Business Week, MPC sat down with Web Griebel, Senior Director of Online Payment Product at Heartland to discuss how business owners can leverage advanced, automated technologies to delight customers and improve cashflow. Following are interview highlights. How would you describe payment links and what problems…
Breakthrough technologies are exactly that: disruptive inventions that break through invisible barriers and change the game forever, whether it’s aviation, computing or payments. On Oct. 14, 1947, Capt. Charles E. Yeager broke the sound barrier in a Bell X-1, the first aircraft to fly faster than the speed of sound. The proof of concept gave U.S.…
Manually processing payments and invoices is a pain, creating error-prone, inefficient, and costly workflows resulting in missing statements and late payments. Accounts payable (AP) automation can help organizations do a lot more than accelerate payments; it can also be a strategic, multipronged business tool for long term use. AP digitization can help businesses to reduce…
Hong Kong’s future as a business hub for fintech startups was the topic of a Greater Bay Area Initiatives webinar, held April 26, 2022, with venture capitalists and unicorn founders. Organized by Silicon Dragon and sponsored by Invest Hong Kong, the webinar attracted startups and entrepreneurs who are interested in expanding Asia-Pacific footprints. Three sessions…
Obsidian Banking’s cofounders Damon Kirk, CEO and Steven Farrar, CFO, are creating a financial services platform designed to advance financial literacy and wealth among Black communities across America. Meet the cofounders at MPC22 and learn more about their #MillionDoorsChallenge and transformative journey to a new era of inclusive banking. Obsidian Banking, a fintech startup, designed…
In the past, merchants only needed to accept a transaction. Today, merchants need and want customized software that will help their business run better and more efficiently. Partner with Harbortouch and offer proprietary software for almost all business types. Take advantage of our new MICROS & Hotel Sales Programs! Through these MICROS 101 and Hotel…
MPC Newsletter – 2022 May
Sponsors to Increase Early Bird Discounts to: The Digital Commerce Event, the 12th Annual Conference to be held Aug. 22-24, 2022 in Atlanta. PHOENIX – May 5, 2022 – MPC: The Digital Commerce Event has opened Early Bird Registration for MPC22, the 12th annual premier conference and exhibition on future of commerce and financial services,…
For Immediate Release Anaheim Hills, CA – May 4, 2022 – Global retail media agency Channel Bakers has grown its revenue by 187% between 2019 and 2021, according to its CEO and Founder, Josh Kreitzer. The agency managed over $175 Million in advertising budget worldwide in that period. At the same time, the agency has…
MEDIA ADVISORY BURLINGTON, MA, APRIL 29, 2022 – Executives from Aliaswire, a provider of bill payment and credit solutions for businesses and banks, will be featured presenters at the 2022 Nacha Smarter Faster Payments TM Conference next week in Nashville, Tennessee. The event takes place May 1-4 at the Gaylord Opryland Resort and Convention Center.…
FOR IMMEDIATE RELEASE Expansion Meets Increased Demand for Descriptive Domains that Lets Businesses Authentically Express Who They Are and What They Do BELLEVUE, WA – May 2, 2022 – To meet the growing demand for descriptive domains, domain registry Donuts Inc. announced it expanded its portfolio offering to total nearly 300 top- level domains (TLDs).…
Rakuten and Uber Eats Japan aims to deliver greater convenience to customers through new service integration. Tokyo, April 18, 2022 – Rakuten Group, Inc. and Uber Eats Japan Inc. today announced the launch of a new collaboration integrating Uber Eats with Rakuten Pay’s online payment service, which utilizes the Rakuten ID system. Rakuten Pay will be…
FOR IMMEDIATE RELEASE Recent Data Reveals Startups Increasingly Use Memorable, Key-Word Rich Descriptive Domain Names to Stand Out from Competitors BELLEVUE, WA – April 20, 2022 – TrueName, a global leader in descriptive domains, announced that more startups are choosing descriptive domains than in previous years per recent data by Marc Köhlbrugge, founder of…
The Net-Zero Banking Alliance (NZBA), comprising 98 members from 39 countries who collectively manage $66 trillion in assets, pledged to fight climate change by supporting net-zero emissions. At their inaugural meeting during the 2021 UN Climate Change Conference, members agreed to work together to prioritize areas of impact in greenhouse emissions and set near-term targets…
Most consumers use banks for traditional services like savings, checking accounts, and loans. Most banks offer similar services, with hardly any differentiation. This has resulted in a huge untapped opportunity for banks to offer more personalized services to customers. These services address their needs and aspirations, especially focusing on helping their customer with their overall…
In last month’s issue, I wrote an article explaining the history of RfPs (request for payment), benefits of RfPs, and the path to ubiquity for this payment type. For this month, I wanted to focus on benefits and challenges to adopting RfPs, with the goal of generating dialogue about how we can implement this payment…
It’s the third spring since the pandemic broke out in 2020 and tax season once again. What impact will evolving regulations have on the cryptocurrency assets in numerous investment portfolios? These regulation updates and tax implications have been top of mind, as investors consider what to include and how to include these items on their…
President of Americas, Tom Tucker, Joins Panel to Discuss Next Gen Payment Systems and Key Industry Innovations LAS VEGAS – April 12, 2022. Global payments fintech disruptor, Till Payments, today marks its official North American debut at this week’s TRANSACT conference, powered by ETA. Till Payments’ presence comes on the heels of a momentous six months for the…
Press Release Merger creates the preeminent global research and advisory firm focused on the financial services and retail technology sectors Boston and London April 12, 2022 — RBR, the leading provider of strategic research and data on banking automation, cards, payments, and retail technology, and Aite-Novarica Group (ANG), an advisory firm providing mission-critical insights on…
Cyber security frontrunner to unify legacy brands under one name. April 11, 2022 – Dublin, Ireland Sysnet Global Solutions, a leading provider of cyber security and compliance solutions, today announces its re-brand to VikingCloud™, unifying the businesses acquired by Sysnet over the last 18 months. VikingCloud and ControlScan were both acquired by Sysnet in December…
MPC Newsletter – 2022 April
New POS Station with Epson Thermal Printer Offers Full Mobile All-in-One Solution for Retail and Hospitality Environments LOS ALAMITOS, Calif. – April 5, 2022 – In today’s retail and hospitality settings, frictionless check-out is a must-have to remain competitive and ensure customer satisfaction. Epson, a supplier of industry-leading Point of Sale (POS) solutions, and Newcastle Systems, a…
Only not-for-profit organization serving thousands across the global payments industry shares highlights from their 15th year of service KENT, Ohio – March 31, 2022 – Women’s Network in Electronic Transactions (Wnet), the premier non-profit organization serving professional women in the payments and fintech industries, today released its 2021 Annual Report. The four-page infographic highlights the professional organization’s commitment to creating a…
A Two-Year Revenue Growth Rate of 393 Percent Tops the Inc. 5000 Regionals Average of 154 Percent March 29, 2022 10:12 AM Eastern Daylight Time AUSTIN, Texas–(BUSINESS WIRE)–Corvia, Inc., a fintech company focused on making the complex simple by complementing world-class technology with strong business and regulatory acumen, announced today it is No. 30 on Inc. magazine’s…
FOR IMMEDIATE RELEASE Join an award winning panel of finance executives in a free livestreamed conversation as they discuss funding trends and strategies. Tampa, FL, 3/22/2022— ThermoCredit and The Funding University together have created The Funding Strategies Conference, a livestreamed event specifically designed for the financial leadership of companies as they prepare for growth,…
Paybotic CEO Eveline Dang Introduces Scholarship Program to Help Students with Higher Education Pursuits WEST PALM BEACH, Fla., March 24, 2022 /PRNewswire/ — Paybotic, a leading provider of affordable payment solutions in the cannabis industry and surrounding markets, is pleased to offer its Paybotic Women in Finance & Technology Scholarship for those pursuing a higher education. Paybotic will…
Co-brand credit cards and PLCCs encourage increased consumer spending while providing benefits and rewards to most valued customers. Co-brand and private-label credit cards provide value to all parties involved. Issuers, card networks, and merchants all benefit from working together to issue credit cards. As merchants are becoming savvier and demanding more value from their co-brand…
Order & Delivery provides what today’s restaurants and convenience stores need to meet consumers’ personalized needs. Customer demand for the digital ordering platform doubled in 14 months. Native solution is within the Paytronix all-in-one engagement platform. NEWTON, Mass., March 23, 2022 (GLOBE NEWSWIRE) — Paytronix Systems, Inc., the most advanced digital guest experience platform, today announced that…
Today Galileo announced our recent expansion into Colombia where we can partner with issuers, banks, ecommerce and fintechs to enable their digital financial services offerings. Since Galileo’s arrival in Mexico in 2020, we have established ourselves as a leading financial technology company in Latin America having onboarded more than one million end-user accounts in the region. Galileo…
NEWS RELEASE BURLINGTON, MA, MARCH 23, 2022 – Aliaswire, a provider of bill payment and credit solutions for businesses and banks, today announced that its DirectBiller bill pay platform is featured in the Federal Reserve’s new FedNow Service Provider Showcase. The online resource connects financial institutions looking to adopt and innovate upon the FedNow Service, a new instant…
The Request for Payment (RfP) is a payment processing system that has been agreed by financial institutions globally to be the future of digital payments. RfPs enable businesses and consumers to get paid into their bank accounts from customers’ accounts in real-time within seconds. Vendors no longer need to wait two to three days for…
What is refund fraud, and why is it a growing threat to companies that ship goods or accept returns? You may know e-commerce refund fraud by a few names. But whether you call it refund fraud, shipping fraud, or cargo loss, it’s a big problem for any company that ships goods or accepts returns. Essentially,…
In a recent survey conducted by 451 Research of more than 260 payments and fraud managers across North America, Europe, LATAM and Asia, 64% strongly agreed that e-commerce fraud is becoming an increasing problem in their industries. Our research depicts a challenging state of affairs, with three primary forces that continue make effective fraud management…
With a global pandemic in the rearview mirror, different opinions are circulating on Asia’s economic outlook and global trends, particularly in Hong Kong, a leading APAC market. The Hong Kong Association of New York, together with New York’s Hong Kong Economic & Trade Office and HSBC shared perspectives on Hong Kong’s near-term economic future at…
Okcoin, a cryptocurrency platform, is actively recruiting women through its partnership with podcast host Natalie Brunell and its grant programs, Bitcoin for Fairness and Ladies in Bitcoin. On March 7, 2022, the company disclosed the first grant recipients. The Green Sheet recently interviewed Hong Fang, CEO at Okcoin about these initiatives. Following are interview…
Marc Real Garcia, CEO at Barcelona-based Minnim Design, in partnership with Groenlandia, has created Nuuk, a cold chain solution designed to securely transport biological samples. Describing the solution as the first end-to-end solution to guarantee safe and secure transport, Garcia said the solution is fully trackable and uploads data to the cloud in real time.…
San Mateo, Calif. (March 16, 2022) – In an effort to help children learn about safe internet practices from an early age, Arkose Labs, the global leader in fraud deterrence and account security, today announced the launch of its debut children’s book, ABCs of Fraud. Autographed, limited edition copies of the book are now available…
INDIANAPOLIS, Indiana – March 14, 2022 – The New York Times reports that 1.7 million packages go missing or are stolen each day. This has been increasing over the years, with it becoming common for people to place online orders, only for “porch pirates” to intervene and steal the delivery from the porch. One company,…
FOR IMMEDIATE RELEASE MIAMI, FL (March 11, 2022) — Global ecommerce fraud protection leader ClearSale (www.clear.sale) has been recognized as one of the Women Impact Tech 100 for 2022. Coinciding with International Women’s Day, this inaugural list honors the standout companies that are going above and beyond to foster an equitable and thriving workplace…
MPC Newsletter – 2022 March
Innovative and Efficient Solutions Help Restaurants with Line Busting, Self-Ordering, Curbside, and Online Ordering LOS ALAMITOS, Calif. – March 2, 2022 – As restaurants continue to look for innovative solutions to support their business, Epson today announced plans to showcase leading and essential technology solutions at MURTEC 2022, the multi-unit restaurant technology conference. At work in millions of…
The payments ecosystem is vastly more complex and capable of meeting merchants’ and consumers’ specific payment requirements in nearly any use case. Despite the level of innovation in the marketplace, no one payment method fully satisfies consumer needs for ubiquity, convenience, security, and speed across every payments use case. Payments industry participants often discuss paths…
The threat of ransomware attacks has become so significant that the National Cybersecurity Alliance and the PCI Security Standards Council issued a joint warning bulletin earlier this month. In 2021, ransomware was responsible for attacks at 37% of businesses globally, with an estimated cost of $20 billion. In a blog post on the subject, Lance…
Third-party collection services are providing self-service platforms for consumers to deal with their debts and informed collection journeys based on consumer preferences Boston, February 23, 2022 — While the third-party collections industry has been on what one industry thought leader termed “a roller coaster ride,” a significant share of the industry believes that 2022 will present challenges…
As the President and CEO of CyberMoney® Rob Hanlon is leading his organization as they deploy a revolutionary and disruptive payment platform to fulfill market demands created by fundamental changes in consumer behavior and business needs. An executive leader who combines deep technical expertise, broad business experience and trust-based relationships to drive transformation resulting in…
As we emerge from the too-lengthy COVID business fog, it is interesting to see how businesses have adapted to adversity, in their business practices and even in the way that they transact. Businesses of all sizes have discovered that personnel can work remotely— efficiently and with a high level of productivity. As a result, many…
More than 66,000 viewers from 82 countries and regions attended the 15th HK Asia Financial Forum, which was held online by Hong Kong Trade Development Council (HKTD) and HK government Jan. 11 to 12, 2022. 73 percent of attendees were CEOs and senior decisionmakers. Peter Lam GBS, chairman of Hong Kong Trade Development Council and…
The Popular Conference and Expo will Showcase Leading Banks, Technologists and FinTech Brands PHOENIX – February 17, 2022 – MPC22, the premier MPC Digital Commerce Event, today announced it will host its 12th annual conference on Aug. 22-24, 2022 at the Westin Atlanta Perimeter North, event organizers stated. Marla Ellerman, Executive Director at The…
I am excited to join the MPC community and share my thoughts on industry trends and innovations. Over the past few years, my writing focused on B2B payments and the gaps in payments processes. In my experience, the key to transforming B2B commerce comes from understanding the manual processes that inhibit growth, drive cost within…
I recently had a chat with Rob Hanlon, CEO at CyberMoney about the changes we’ve seen in the past several decades with consumers, merchants and third-party service providers. Hanlon noted we’ve come a long way from the big brand era. Back in the day, it was common for people to think the big brands didn’t…
Integration with DirectBillerÒ bill pay platform adds convenience for consumers, banks and their clients BURLINGTON, MA, FEBRUARY 17, 2022 – Aliaswire, a provider of digital payment and credit solutions for businesses and banks, today announced that it has integrated its DirectBiller payment platform with Mastercard Bill Pay Exchange. Businesses using the DirectBiller platform can now offer an enhanced billing…
The Company Grew from a Single Idea to Develop Touchscreen Software for PCs to Lead the Industry in Capacitive Touch Technology HOLLAND, MI, February 14, 2022 – MicroTouch™ today celebrates its 40th anniversary as a global leader in the touch solutions market. Since its inception in 1982, the company successfully evolved and innovated a wealth…
AUSTIN, Texas, Feb. 14, 2022 — (Business Wire) — F1 Payments, a fintech company focused on making the complex simple by complementing world-class technology with strong business and regulatory acumen, announced it is changing its name to Corvia effective today. Recognizing a strong and exciting growth trajectory, the name change, along with new visual identity…
MPC Newsletter – 2022 February
The payment expert continues to improve the payment process for travel agencies in the UK 9th February 2022 – PXP Financial Ltd, the expert in acquiring and payment processing services, today announces a new step in its partnership with Vertical Systems, one of the longest established and largest suppliers of travel technology in the UK market.…
Distinguished Payments and Fintech Leaders Share Vision for Fostering DEI and Leadership Opportunities for Women in Paytech Industry KENT, Ohio – Jan. 10, 2022 – Women’s Network in Electronic Transactions (Wnet), the premier non-profit organization serving professional women in the payments and fintech industries, today announced that its Board of Directors unanimously elected new leaders…
Roy Ng is CEO at Bond, a financial technology company that enables organizations from any industry to create personalized financial experiences for their customers and communities. Using Bond’s software and API platform, developers can embed next-generation financial products into amazing customer experiences. Bond was founded in 2019 by industry veterans from Twilio, SoFi, SAP, Goldman Sachs,…
During the pandemic, mobile app usage increased by 39 percent in the United States and as much as 72% in Europe, according to a recent study by Finextra. Users around the world became accustomed to fintech and ecommerce and researchers expect momentum to continue into 2022, largely driven by financial technology advancements. Recognizing that digital…
SaaS provider Walletmor will plant a wallet in your hand The future becomes reality with the first globally accepted, biologically safe payment implant. Installed under the skin, the device is a convenient alternative to your bulky wallet full of credit cards. The ISO-certified, bio-compatible solution, Walletmor, is available to U.S. residents for $229 USD, company…
Transactional selling, which tends to focus on short-term gains, was effective in moving merchants from paper to electronic commerce and mag-stripe cards to EMV. Today we need a more consultative approach. Our COVID-fueled analog-to-digital movement presents multiple options for expanding customer reach and is more complex than earlier merchant migrations. In this complex landscape, without…
Digital Transformation, Real Time Payments, Ether DeFi, Embedded Finance, Banking As A Service are all the latest buzz words in Payments and FinTech. While those words actually describe the market segment or grouping of service providers in the ecosystem of finance, how do you know what type of payment service you really need? Who cares…
TORONTO, ON: Cinchy, the leading pioneer in the fast-growing Dataware space, today announced that it has received the prestigious Deloitte Technology Fast 50 Companies-to-Watch 2021 Award. The program spotlights emerging companies that exhibit strong growth and show potential to be a future candidate of the Technology Fast 50 award. Cinchy CEO and co-founder, Dan Demers…
Advances in technology and security have been utilized by ThermoCredit to garner recognition in the financial services industry as a “green” company. NEW ORLEANS, LA, 1/11/2022 — ThermoCredit announces significant strides in its quest to become 100% paper-free. Following the utilization of new technology and security programs, ThermoCredit has reduced its internal paper consumption by…
MPC Newsletter – 2022 January
WASHINGTON — Jan. 7, 2022 — Today, the Electronic Transactions Association (ETA) released its 2022 policy priorities, highlighting the issues that are most relevant to ensuring that the digital payments industry is able to continue to provide efficient, secure payments services that benefit consumers. “The digital payments industry is one of the most innovative, dynamic,…
CHATTANOOGA, TENN. (PRWEB) JANUARY 06, 2022–Transcard, a global leader in payments technology, announced today the general availability of its SMART Hub platform, and the integration of SMART Hub with some of the largest enterprise resource planning (ERP) applications and banks in the U.S. SMART Hub is a first-of-its-kind payment portal that digitizes and simplifies the…
WEST READING, PA. (January 3, 2022) – Customers Bank, a top 100 digital forward consumer and commercial bank with approximately $19.1 billion in assets, introduced a national Technology and Venture Banking Group to serve early, growth and late-stage technology companies as part of the bank’s continued strategic growth. The bank earned national recognition for its…
The pandemic drove unprecedented growth in emerging commerce and payment approaches. Boston, December 16, 2021 — The COVID-19 pandemic has had a profound impact on our lives since March 2020. State and local governments closed schools, parks, shops, restaurants, and offices, and encouraged citizens to stay at home as much as possible to reduce the spread of…
A Visa bulletin concerning cashless ATMs, published Dec. 2, 2021, is causing a stir in the ATM and cannabis industries. At issue is a prevalent scheme involving POS devices posing as ATM terminals and routing sale transactions through debit card networks to make sales look like ATM cash withdrawals. This practice violates Core Rules and…
ENGLEWOOD, Colo., December 15, 2021 – The U.S. Payments Forum today released its latest Market Snapshot. It provides an overview of the state of the industry, including consistent growth in contactless payments, ‘buy now pay later’ and mobile wallet transactions, and the pandemic-driven shift toward e-commerce. The snapshot also offers clarity from Forum members regarding…
Innovation and Fast Growth Lands Donuts Gold in ‘Company of the Year’ (West U.S.), and Bronze in ‘Fastest-Growing Company of the Year’ (medium) BELLEVUE, WA – December 6, 2021 –Donuts Inc., the global leader in next-generation top-level descriptive domains and digital identity, has been named a gold winner in ‘Company of the Year’ –…
Fast-growing New England convenience brand rolls out Loyalty, Order & Delivery and Mobile App Newton, MA—December 6, 2021—Paytronix Systems, Inc., the most advanced digital guest experience platform, today announced that Yatco Energy, a fast-growing New England based chain of convenience stores, has launched Yatco Rewards on the Paytronix platform. Paytronix will provide the Yatco Rewards with loyalty, a branded mobile app, and, for three of the Yatco stores, order and delivery. “Yatco Rewards will help create brand loyalty…
MPC Digital Commerce Event will open its annual call for speakers January 3, 2022. Experts in a variety of topics will take the stage at the 12th annual MPC symposium, widely known as a platform for leading-edge content, thought leadership and networking opportunities. The exclusive MPC22 event will be held in August of 2022 and prospective…
29th November, 2021, London. PPS, an Edenred company, today announces its partnership with UK-based ekko, an iconic climate-friendly debit card, app, and ecosystem that empowers consumers to make a difference in the fight against climate change. Ekko is enabling its customers to deliver a positive impact on the planet while engaging in routine actions like shopping, banking, and paying…
This year’s Wnet Leadership Summit, [held Nov. 3-4, 2021, and] presented by FIS, was twice as special as we celebrated our 15-year anniversary and, at long last, gathered in-person to invest in ourselves, our career development, our teams and our financial future. I was honored to present the 2022 Wnet Board and President’s Advisory Council and be…
In an Oct. 27, 2021, media briefing, The National Retail Federation forecast strong holiday sales for online and brick-and-mortar retailers exceeding last year’s holiday spend by as much as 8.5 to 10.5 percent and revenues of $843.4 to $859 billion, according to NRF president and CEO Matthew Shay. “We all know it’s been another historic…
MPC is delighted to share perspectives from payments industry leader Michael Ault, as he reflects on 2021 and looks ahead to a bright new year. Following are his predictions for the payments industry and how the pandemic has reshaped the digital commerce ecosystem. 5 Predictions for Payments Landscape in 2022 and our reflections on…
HK Financial Services, the Treasury Bureau and Invest HK hosted Hong Kong FinTech Week 2021, the first hybrid event, held November 1-5 at both HKCEC and online. As one of Asia’s most influential FinTech conferences, the event drew nearly 17,000 participants onsite and online, including executives, investors, regulators, entrepreneurs from more than 60 economies, 400…
70% of all financial services firms are using machine learning to predict cash flow events, fine-tune credit scores and detect fraud 54% of Financial Services organisations with over 5,000 employees have adopted AI It is forecast that AI Market to Hit USD 360.36 Billion by 2028 London, UK – 17 November 2021: The Payments…
Piccadilly Rewards brings fresh-made favorites to your phone with Paytronix Newton, MA – November 17, 2021 – Paytronix Systems, Inc., the most advanced digital guest experience platform, today announced that Piccadilly Restaurants has launched a powerful new rewards program and mobile app leveraging the Paytronix platform. With Piccadilly Rewards customers can browse the menu and order favorite southern, homestyle cooking right…
Innovative fraud protection available within market-leading jewelry website platform just in time for the holiday ecommerce rush MIAMI, FL (November 17, 2021) — Global fraud protection leader, ClearSale (www.clear.sale), and leading industry-focused ecommerce platform, Punchmark (www.punchmark.com), have partnered up to support jewelry retailers increase sales and eliminate fraud in time for a banner holiday season…
“There’s no doubt that the convenience of digital interactions with businesses has completely influenced consumer preferences in recent years. However, the loss of humanization in digital business-to-customer interactions poses a huge challenge as businesses start planning for 2022. This is especially true as more technologically evolved business models come to the forefront, such as fully…
Boston, November 17, 2021 – U.S. consumers pay a lot of bills—approximately 15.5 billion bills in the last year, shelling out roughly US$4.6 trillion. And 62% of the 15.5 billion bills paid in the last year were paid digitally. As more and more of daily life has become digital, consumer expectation for a one-click, frictionless bill…
Only 17 percent of U.S. consumers reported using an aggregator to order from their favorite table-service restaurant or quick-service restaurant Newton, MA – November 15, 2021 – Paytronix Systems, Inc., the most advanced digital guest experience platform, today published the inaugural edition of The Digital Divide, Aggregators: The Cost Of Convenience, which finds that 58% of US consumers skip aggregators when ordering from their favorite…
The BNPL provider will utilise the issuer processor’s in-depth pan-European experience to drive its expansion into new EMEA markets. 1st November 2021, London: PPS, an Edenred company, today announces that it is supporting ViaBill with the rollout of its card-based BNPL solution, offering customers access to ViaBill credit through physical and virtual Mastercard cards.…
MPC Newsletter – 2021 November
Platform emerges as powerhouse for off-premises ordering and delivery following successful acquisition and integration of Open Dining Newton, MA—November 2, 2021—Paytronix Systems, Inc., the most advanced digital guest experience platform, today announced critical updates in the evolution of its Order & Delivery solution. Delivering on the promise made when Paytronix acquired Open Dining in 2019, Paytronix…
AUSTIN, Texas–(BUSINESS WIRE)–F1 Payments, a fintech company focused on making the complex simple by complementing world-class technology with strong business and regulatory acumen, announced it has been named to the 2021 list of Best Companies to Work for in Texas. This is the second year in a row F1 Payments has been honored with the No.…
Wednesday, October 28, 2015 Fraudulent sites are leaving many customers weary of shopping online. Follow this guide for 11 simple ways to help your checkout page convert more shoppers into buyers. 1. Trust Badges Trust badges are icons or logos that help increase the credibility of your brand—a critical piece to them being comfortable giving…
On Tuesday, October 26, 2021, PAX Technology, Inc. in the United States was subject to an unexpected visit from the Federal Bureau of Investigation (FBI) and other government agencies relating to an apparent investigation. PAX Technology is not aware of any illegal conduct by it or its employees and is in the process of…
MagTek hardware and Magensa services combine to deliver the utmost in payment security Use iDynamo 6 Secure Card Reader Authenticator for mPOS Secure your in-person transactions with iDynamo 6, secure card reader authenticator. With instant encryption, device authentication, and tokenization capabilities, iDynamo 6 reduces your risk of holiday fraud. iDynamo 6 reads magstripe cards, EMV chip…
Latest Enhancements from Arkose Labs Unveiled at Money 20/20 Include Innovative Spoofing Detection, and are Backed by Industry-First Credential Stuffing Warranty Las Vegas, October 26, 2021 – Arkose Labs, the fraud prevention and account security company, today introduced significant updates to its Fraud Deterrence Platform. New platform capabilities deliver enhanced risk detection and attack…
Trending Live Streamers and Online Influencers Leverage Top-Level Descriptive Domains as the “Secret Weapon” in Branding and SEO Success BELLEVUE, WA – October 26, 2021 – TrueName by Donuts Inc., a global leader in descriptive domains, announced that hundreds of thousands of small business owners and entrepreneurs are now choosing .live as their top-level…
3DS has become the cornerstone of CNP risk mitigation for issuers and merchants around the globe. Boston, October 21, 2021 — Card-not-present transaction volume has increased 25% to 30% from 2019 to 2020 as a result of the pandemic. Even prior to the pandemic, fraudsters focused heavily on CNP transactions as an easy avenue for fraud attacks.…
Days away from The MPC Digital Commerce Event, MPC executive director Marla Ellerman reflected on her decade-long journey that began with a small workshop in New York City and grew into a global conference with over 1,000 attendees. While this year’s eleventh annual conference will deliver a broader agenda than ever before, it will also…
The Green Sheet has been following AI’s steady evolution from digital assistants that performed basic tasks to self-directed artificial intelligence that can make split-second decisions to thwart fraud, generate instant proposals and more. Technology leaders chart AI’s remarkable journey to self-awareness in “AI’s evolution: from predictive to prescriptive,” in Issue 21:09:01 of The Green Sheet.…
Arkose Labs, a platinum sponsor of the MPC Digital Commerce Event, has launched Credential Stuffing Week, an event aimed at educating public and private sectors about credential stuffing, also known as account takeover (ATO) and password-spraying fraud. Throughout the week, Arkose Labs will share insights and information about these threats using hashtags #StopCredStuffing and #CredStuffingAwarenessWeek,…
Easy-to-Remember, Descriptive Domains Are Key to Successful Digital Branding and SEO Strategies BELLEVUE, WA – October 20, 2021 – Successful minority-owned businesses know a brand is more than a logo, and a strong digital presence is key to business growth. TrueName by Donuts Inc., a global leader in descriptive domains, is proud to announce…
Stores of the future will be more about experience than product, according to Euromonitor. The global market research firm hosted a virtual event with retail industry leaders on Oct. 14, 2021, to explore the future of the store in a digital world. During the two-hour event, keynote speaker and moderator Michelle Evans, senior head of…
-FOR IMMEDIATE RELEASE- October 20 2021 Bitcoin is undeniably a mainstream asset class and most investors should consider including crypto assets as part of a diversified portfolio, asserts the boss of one of the world’s largest independent financial advisory, asset management and fintech organisations. The bullish observation from Nigel Green, CEO and founder of…
New Standards-Based Pilot Program Focused on Securing the Information and Communications Technology (ICT) Supply Chain with Advanced Authentication Technologies Including a Tokenized Mobile Equipment Identifier COMSovereign Holding Corp. (NASDAQ: COMS) (“COMSovereign” or the “Company”), a U.S.-based developer of 4G LTE Advanced and 5G Communication Systems and Solutions and Total Network Solutions (“TNS”), a developer of the…
11.10.21, London PPS, an Edenred company, today announces its partnership with UK-based Sprive, the first of its kind mortgage overpayment app designed to help homeowners become mortgage-free faster and save interest. On average Sprive’s existing customers are on track to pay off their mortgages eight years earlier and save £32,000 in interest. PPS provides Sprive with its payments technology…
The MPC Show Times – October 2021
Epson EU-m30 Kiosk-Friendly Receipt Printer Comes with Easy Mounting Kit for Effortless Kiosk Integration and Serviceability LOS ALAMITOS, Calif. – Oct. 5, 2021 – As self-ordering and self-checkout continues to increase in touch-less solutions, retailers require durable, easy-to-use printers to ensure customer satisfaction. Within the grocery, drug, and mass-market merchant segment alone, the percentage of…
The award-winning global payments processor sets up a regional hub to promote its innovative offering throughout MENA, led by ex-Majid Al Futtaim payments expert, Arnav Rath, as Head of Region DUBAI, UNITED ARAB EMIRATES – 30 September 2021: Global Processing Services (GPS), the Paytech Pioneer™ behind some of the world’s biggest fintech challengers, today announces…
Merchants Benefit from Ultra-Modern Design and Ease of Integration with the Latest POS Applications that Help Elevate Brand Experiences HOLLAND, MI, October 5, 2021 – MicroTouch™, a global leader in the touch solutions market, today announced an expansion of its all-in-one touch computer family, including a 15.6” and 21.5” supporting the latest as well as…
KENT, Ohio – October 5, 2021 – Women’s Network in Electronic Transactions (Wnet), the premier non-profit organization serving professional women in the payments and fintech industries, is pleased to announce the support of more than a dozen sponsors for our 2021 Leadership Summit, Make The Investment. “The Wnet Summit is a key facet to empowering…
The recent pandemic has seen people around the world more widely embrace the innovative financial technology (‘FinTech’) that has been developed by start-ups and challenger banks, particularly when it comes to using mobile apps to manage finances and pay for goods. This has particularly been the case in the developing world and outside of what…
Our collective journey from paper-based transactions to digital, omnichannel commerce has been marked by technology milestones as we remove friction, improve security and enhance the customer experience. And more importantly, our journey has been marked by human breakthroughs as we’ve learned to harness the power of trust, collaboration and co-creation. Anita Ghosh, chief executive officer…
The Global Trends Track launched successfully on Thursday, August 19, 2021, the third and final day of the 11th annual MPC conference. Leaders from the USA, Canada, Asia and Europe had intense and informative discussions on ESG, global payments developments, digital wallets and attractive overseas opportunities as summarized in the following synopsis by Tracy Lai, curator…
Latest insight, Helping the Financially Overlooked, reflects on a transformational global pivot from ease of access to embrace, complement and promote customers’ identities London, UK – 23rd September 2021: A report released by the Emerging Payments Association (EPA) on Lifestyle and Values Banking, in partnership with Algbra and Mastercard, shows that minority communities around the world are still the most financially underserved, including the LGBTQ+ community,…
The Global Benchmark for Sustainable Banking Report surveyed banking executives across the US, UK, Germany and The Netherlands on their mission to lead a more sustainable future WALTHAM, Mass. – Sept. 15, 2021 – Mobiquity, a digital consultancy that designs and delivers innovative digital products and services for the world’s leading brands, released today…
Newsletter – The MPC Show Times – September 2021
New research explores the increase in recent payment fraud attacks and provides recommendations for businesses on combatting the threat London, UK – 2nd September 2021: The Emerging Payments Association (EPA), which promotes collaboration and innovation across payments, has today released its whitepaper, ‘Financial Crime, Payment Fraud, and the Role of Digital Identity’, in partnership with Refinitiv. The whitepaper highlights how…
Arkose Labs, an online fraud prevention technology provider, is offering customers a commercial guarantee against stuffing attacks. Unveiled Aug. 10, 2021, the Credential Stuffing Warranty covers up to $1 million of customer response expenses to pernicious attacks that use automation to test massive amounts of usernames and passwords, the company stated. Patrice Boffa, vice president…
Newsletter – The MPC Show Times – August 2021
Providing virtual terminal payment functionality enhances experiences for customers – and call center employees. Providing fast, convenient customer service is fundamental to successful call center management. However, consumers continually seem to raise the bar as their behaviors evolve. At one time, convenience meant enabling customers to call rather than drive to a physical location…
B2C payments are always on my mind and I don’t believe that’s an accident or some sign that I might be a workaholic. The fact is, I enjoy my time as an independent consumer equally as much as working in the payments industry; the exception being PTO when my consumer persona completely runs amok. But…
How WFH convinced me we’re finally taking the ‘ugh’ out of digital implementation (hint: it’s all about the clients) Connectivity … it seems easy. In our personal lives, having a smart phone means we’re connected with any number of businesses and banks. You can use your phone for literally anything. Buy groceries, pizza orders, transportation,…
Arkose Labs, a global technology leader, takes a novel approach to fraud prevention by bankrupting the business model of fraud. The company uses advanced technologies to remediate attacks in real time, posing a series of step-up challenges designed to wear down fraudsters without adding any friction to the customer experience. Headquartered in San Francisco, with…
MPC21 is pleased to announce a completely new track this year, curated by Tracy Lai, FinTech Consultant and Partner at Lystar Group. The Global Trends Track will launch Thursday, August 19, 2021, the third day of MPC’s eleventh annual conference. Designed to explore global trends and developments in digital commerce, the Global Trends Track will feature experts who…
I recently interviewed security leaders for a lead story, “Cracking Fraud’s Code” in Issue 21:07:02 of The Green Sheet. The story explores how AI has become the weapon of choice in cyberwarfare. In Letter from the Editor, Laura McHale Holland, editor in chief at The Green Sheet, stated that fraudsters are devising new ways to…
Headliners Include FinTech Thought Leaders from Pinterest, Intel, U.S. Bank, Heartland, Aliaswire and More PHOENIX (PRWEB) JULY 14, 2021 MPC21, the premier MPC Digital Commerce Event, is pleased to announce its lineup of keynote speakers for MPC21 Virtual, the 11th annual conference on the future of emerging and alternative payments, Aug. 17-19, 2021. MPC21’S KEYNOTE SPEAKERS INCLUDE:…
The MPC Show Times – July 2021
New alliance removes unnecessary interaction and minimizes the risk of customers and staff contracting COVID-19 Judopay, the leading mobile-centric and fully cloud-based payments provider, today announced its partnership with MedPoint, an automated prescription collection system, to enable a safe, quick, and secure method for patients to purchase and collect their prescriptions, 24 hours a day,…
With the eventual rise in restaurant hiring accelerating at a steady rate, so too is the need for faster payments which support a traditionally gig- and cash-intensive workforce in pace with modern expectation and preference. But although the re-establishment of the service industry (and subsequent rise in demand for faster payments) workforce was expected, experts…
MPC21 is pleased to announce a completely new track this year, curated by Tracy Lai, Lystar Group. July 1, 2021 – The MPC Digital Commerce Event confirmed today that the Global Trends Track will launch Thursday, August 19, 2021, the third day of its 11th annual conference. Designed to explore global trends and developments in digital commerce, Global Trends Track…
The joint venture will empower finance companies to detect fraudsters through phone and digital channels without disrupting customer experience. SEON, the fraud fighters, today announces its partnership with VCC Live, the cloud contact centre specialists. Through the deal, they will work together to help end fraud for contact centres in the banking, financial services and…
More than 50 new cities and 20 new countries have been added to findexable’s Global Fintech Rankings The value of fintech unicorn companies has more than doubled The evolution of fintech in a country is highly correlated to financial inclusion in emerging economies The 2021 findexable Global Fintech Rankings is produced in partnership with Mambu,…
Global expansion is the ultimate objective for most fintechs. And if you really want to do it effectively, it’s best to consider your global expansion strategy in your early days. Based on our observations from consulting with FinTechs around the world over the past few years, there are a few highlights from the ones who…
Heartland was founded in 1997, and has since been building its business solutions portfolio, service centers and sales team to support a long and growing list of clients. In 2016, Heartland was acquired by Global Payments, and Global Payments merged with TSYS in late 2019, making the group one of the biggest business solutions companies…
The MPC Show Times – June 2021
Payment orchestration leader will boost digital revenues in retail, online gaming, online education and entertainment & media. 9th June, 2021 – CellPoint Digital, a fintech leader in payment orchestration for travel, today announces it is now offering its market leading platform to new markets, including retail, online gaming, online education, and entertainment & media to boost digital…
Calgary, Alberta, CA. – 8 June 2021 – Reach, the global payment localisation provider, has appointed Tyler Barry as Chief Technical Officer to support the business’ continued success throughout 2021 and beyond. Barry, a twenty-year veteran of the technology industry, has been appointed to develop and execute the company’s strategic technology action plan and position…
One of the fundamentals of commercial real estate success is investing in the right properties. As it turns out, that principle also applies to digitally transform commercial real estate lending. Fintech Janover Ventures has built an online network including some of the most valuable, highly trafficked commercial real estate multifamily and small business finance websites.…
SEON will bolster fraud prevention capabilities for IDVerifact, the digital identity solution Budapest, HU./London UK. 08 June 2021: SEON, the fraud fighters, today announces its partnership with IDVerifact, the advanced digital identity solution. Last year it was reported that nearly half of companies experienced a fraud in the past 24 months. Recognising the increasing surge in fraud and digital identity theft, IDVerifact sought to strengthen their capabilities by…
Strengthened collaboration for European retail clients will drive an all-in-one small footprint Point of Sale (POS) with PIN pad, providing secure seamless payments. London, June 7, 2021 – Worldline[Euronext: WLN], the European leader in the payments and transactional services industry, today announces it has strengthened its relationship with long-term partner Toshiba Global Commerce Solutions, a global…
Feedzai Financial Crime Report Q2 2021 Analyzes 12 Billion Global Transactions to Find Fraud Trends Fraudsters Cash in on Lockdown Restrictions Lifting and Consumers’ Move to Internet Shopping, Banking, Payments California Ranks as Top State for Fraud Bank Fraud Attacks Increased 159 Percent from 2020 Android Mobile Users Experienced Nearly Twice as Many Fraud Attacks…
ESG, which stands for Environmental, Social and Governance, became popular during the pandemic, as industry leaders recognized the need for better management of natural resources, energy and waste. Throughout the crisis, business owners formally assessed initiatives related to environmental sustainability, social responsibilities and ethical treatment of animals. Investors used these criteria to evaluate assets and…
How the payments industry can better serve its clients U.S. Bank, a diamond sponsor of the MPC21, is the fifth-largest commercial bank in the United States. The Minneapolis-based bank blends its relationship teams, branches and ATM network with digital tools that allow customers to bank when, where and how they prefer. U.S. Bank is committed…
Banking Leader to Explore How B2B Commerce is Optimizing Digital Transparency, Customer Choice and Cash Flow PHOENIX – May 19, 2021 –MPC Digital Commerce confirmed today that U.S. Bank will kick off its 11th annual conference on Tuesday, August 17, 2021, between 9:30 a.m. and 11:55 a.m CT. Designed to explore modern-day requirements for digital-first…
The adoption of electric vehicles (EVs) in the UK sored in 2020, with one in ten cars sold being plug-in hybrid electric vehicles (PHEVs) and battery electric vehicles (BEVs). With the cut-off date for the sale of new EVs less than a decade away, consumers are starting to wake up to the necessity of going electric. Therefore, now…
PALO ALTO, Calif.–(BUSINESS WIRE)–May 13, 2021–MovoCash, Inc., a California-based Fintech company, announced today the launch of a first-of-its-kind ON-DEMAND Mobile Banking (“ODMB”) app with End-to-End CONTACTLESS Payments in partnership with Mastercard® and Coastal Community Bank. MOVO’s patented ecosystem technology, called HyperBIN®, is built to use digital tokens to manage the convergence of traditional banking solutions…
MPC Thanks World’s Leading FinTech Leaders for Covering Virtual Attendee Costs as Digital Commerce Take Center Stage at MPC21 PHOENIX (PRWEB) MAY 10, 2021–MPC Digital Commerce has today opened registration for MPC21 Virtual, the 11th annual premier MPC Digital Commerce Event. Organizers confirmed that sponsors will fully subsidize registration costs for the must-attend event, which…
The MPC Show Times – May 2021
Last year, following the COVID-19 pandemic, the Brazilian ecommerce market experienced rapid growth. Now, with a change in consumer behavior, while forces underpinning the market continue to evolve, this growth is set to progress in the new normal. The truth is, the Brazilian ecommerce market was a high growth market, even before the pandemic stimulated…
Hong Kong – May 5, 2021: Chayora Holdings Limited, an international infrastructure investor, developer and operator of hyperscale data centre campuses in China, is delighted to announce the appointment of Teresa Shi as Chief Financial Officer, based in Shanghai. Teresa has an impressive background with over 17 years of experience in providing excellent financial management and strategy…
At EBANX, almost 75% of purchases paid with digital wallets are from new customers; fintech company integrates with six digital wallets as a payment method within the region, available for any company that wants to seize LatAm’s market CURITIBA, BRAZIL, May 5, 2021 – Amid an unparalleled digital and financial push brought by the…
Brand new partnership will enable financial services to be embedded into Talenom’s emerging SME solution ‘Accounting Alex’ to modernise banking for SMEs London, 28th, April 2021: PPS, formerly PrePay Solutions and an Edenred company, today announces new partnership with leading Finnish accounting company, Talenom. Listed on the Helsinki Stock Exchange since 2015, Talenom provides commercial accounting…
The fraud fighters take first expansion step, following Series A investment, to help mend pain points in the market that block access to fraud prevention services for businesses of all sizes Budapest, HU./London UK. 27 April 2021: SEON, the fraud fighters, today announces the launch of its new office in Austin, Texas. The move marks the company’s expansion…
22nd APRIL 2021, CARDIFF: MYPINPAD, a global leader in secure personal authentication solutions has received certification from the Australian Payments Network (AusPayNet), the self-regulatory body for Australian payments. Australian payment regulations stipulate that all new card-acceptance technology must undergo an evaluation to assess the security, integrity and network operability and be approved by AusPayNet prior to market deployment. Today’s announcement…
I truly love my work. Depending who’s asking, that might be a blessing or a curse. But for me, it’s a blessing and I know I share this sentiment with many colleagues at U.S. Bank and among the payments industry. What we do is really cool and exciting and I’ll tell anyone who’ll listen all…
According to multiple sources, in the United States, 50 percent of the adult population is expected to have received at least 1 dose of a vaccine by the end of this month. At the current pace, 70 percent of vaccinated citizens will help achieve herd immunity. With Spring around the corner, I’d like to highlight…
Consumers in the modern day are overwhelmed with choices—not just as to what product or service they will select or who they will buy it from—but how they will go about paying for it. New payment methods are being introduced faster than we can keep up with them. What are the essential components of the “perfect”…
There are so many touchpoints in your white paper, How FinTech is Addressing the Financial Needs of the Underserved, that illustrate the many different ways in which payments industry stakeholders help underserved individuals and communities. These initiatives have drawn broad support and are expected to continue post-COVID. Q1>How do these ETA member initiatives reflect…
We all know that 2020 was an unusual and challenging year for everyone and as much as we would have all wished that things could have gone back to normal the second the clock struck midnight on the 31 December, that has unfortunately not been the case. Most industries and businesses continue to face a…
Deal will help lower global fraud rates that have boomed in recent times – the cost to businesses is up from $12 billion in 2014 to $32.4 billion in 2020 London, UK. 14 April 2021: The innovative risk management and fraud prevention company Cybertonica today announced its strategic partnership with Acuris Risk Intelligence (ARI), the independent data intelligence…
Washington, D.C. — April 14 — The Electronic Transactions Association (ETA) today announced that Matt Tremblay has joined its team as Senior Manager of State Government Affairs, further strengthening ETA’s position as the premier government relations advocacy organization for the digital transactions industry in Washington, D.C., state capitals, and Canada. In his new role, Tremblay…
WL Easy EV tackles the unique challenges of EV charging with an omnichannel solution for Europe London, April 12, 2021 – Worldline [Euronext: WLN], the European leader in the payments and transactional services industry, has announced the release of a new unified payment solution that allows consumers in Europe to pay for electric vehicle (EV)…
The MPC Show Times – April 2021
World’s Leading FinTech Brands Covering MPC21 Virtual Attendee Costs as Digital Commerce Expands Globally PHOENIX – April 6, 2021 – MPC21, the premier MPC Digital Commerce Event, today announced it will host its 11th annual conference for FinTech innovators and decision-makers on Aug. 17-19, 2021. The conference will take place entirely online with free admission.…
Epson OmniLink Receipt Printer Offers Restaurants One Point-of-Sale Solution for Printing Online Orders from Multiple Online Order Services LOS ALAMITOS, Calif. – March 23, 2021 – As restaurants continue to look for additional ways to generate business and revenue, Ordermark is delivering solutions that help restaurants capitalize on increased consumer demand for delivery. Ordermark’s…
As attempts against businesses rise, more consumers say they are being targeted by digital fraud related to COVID-19 Chicago, March 23, 2021 – TransUnion’s (NYSE: TRU) latest quarterly analysis of global online fraud trends found that since the COVID-19 pandemic began, fraudsters are increasing their rate of digital schemes against businesses. In addition, TransUnion’s recent Global Consumer Pulse Study found…
Professionals around the world convened March 5 to 12, 2021, at Massachusetts Institute of Technology in Cambridge, Mass., to discuss prospects for innovation in the post-pandemic landscape. Separate student-led conference tracks included the MIT FinTech Conference, MIT Asia Business Conference and MIT-China Innovation and Entrepreneurship Forum. More than 100 executives from leading companies, top professors…
Greetings, Everyone! I’m excited to share my recent interview with Michelle Tran and Sasha Pilch, co-founders of NYC Fintech Women shortly after their epic IWD Women in Leadership event with Nasdaq and UN Women. When and where was NYC Fintech Women founded? NYC FinTech Women was founded in September 2017 in New York City. Our…