By Amit Sagiv, Co-Head of Payments, Wix There’s been a paradigm shift in payments, and it’s much bigger than just leaving your wallet at home. The whole dynamic and inner workings of payments have changed with contactless payments, connected devices, IoT, and more. This means ...
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By Michael Meeks, CTO of BHMIThe payments industry is changing so rapidly that many payment processing companies are struggling to keep pace. It seems every time a company adapts to a new payment method, begins supporting the most current regulations, or updates its process workflows, ...
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By Michael Seaman, Co-founder & CEO of Swipesum In a world rapidly embracing digital technology, efficient, reliable, and secure payments are more crucial than ever. With the introduction of artificial intelligence into the payments space, both large companies and emerging startups alike are now grappling ...
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By Shai Gabay, Co-Founder & CEO, Trustmi When I speak with businesses about B2B payment fraud, most people I talk with are confident their organization is safe. A large part of their confidence stems from the strong bank account validation processes these companies have in ...
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By Scott Dawson, Head of Sales & Strategic Partnerships, DECTA The cycle of work ethic and business success is perpetual: investors pump their cash into weak businesses during good times, which inevitably fail. They are then forced to find more reliable sources of profit and ...
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By Douglas Hall, Founder & CEO, EQUE 2023 proved challenging for US credit unions. As the economic landscape shifted, these financial institutions faced unprecedented obstacles, resulting in record-low earnings, growing fraud challenges and heightened concerns. There is one often-overlooked way to enhance profitability while vastly ...
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By Rafael Lourenco, EVP & Partner, ClearSale The subscription model is convenient for customers and ideal for businesses that want to build their recurring revenue base. However, subscriptions are vulnerable to payment declines in error, which can cause customers to churn and reduce ROI on ...
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By Gaurav Mittal, Executive Vice President, Ethoca In the 15 or so years since the introduction of smartphones, most people can’t imagine life without them. Consumers have embraced the purchasing power provided through their advanced technology. One-third of consumers use digital banking channels daily, and ...
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By Rodrigo Figueroa, COO, Chargeback Gurus The spike in holiday spending in November and December is always followed by increased chargebacks in January. While businesses have every reason to be excited about one of the most lucrative times of the year, they also need to ...
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by Donna Blum of BHMIChargebacks are a significant and growing challenge in the payments industry. The rapid growth in e-commerce, rise in fraud, and consumers’ increasing willingness to file chargebacks are making dispute management an increasingly challenging and complex job.However, many merchants and processors still ...
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