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Western Union Heads To The Cloud To Make B2B Payments Faster

PYMNTS

Digital payments are prone to chargeback fraud, for example, and financial institutions (FIs) often report difficulties and high costs when updating their legacy systems to accommodate instant payment systems. trillion in 2020. trillion in transaction value by 2023. Developments From Around The World Of Payments Modernization.

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Want To Win Consumer Mind (And Wallet) Share? Think Context

PYMNTS

Merchants and issuers must be on close watch for fraud , while also doing whatever it takes to please existing customers and win over new ones. Anything that can provide deeper looks into customer behavior, preferences, spending potential and willingness can prove to be a valuable tool indeed. Transactional Data. Local Discounts.

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What Corporate Managers Get Right (And Wrong)

PYMNTS

88% of finance professionals anticipate a rise in payments fraud , said TD Bank in its latest analysis. 88% of finance professionals anticipate a rise in payments fraud , said TD Bank in its latest analysis. 57% of treasurers across verticals have no strategy to protect their firms against payments fraud.

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Speed Dating: Invoice-to-Cash In The Digital Age

PYMNTS

On Wednesday, June 15, 2016 at 1:00 PM (EST) join Ed Jordan, CFO of Billtrust, and Karen Webster, CEO of MPD, for an interactive discussion on the new digital AR revolution. Key Takeaways: – How digitizing and automating the entire invoice-to-cash process reduces costs and improves operational efficiency. contact-form-7].

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Verifi’s Order Insight Facilitates Merchant Communication With Customers

PYMNTS

We originally focused on building merchant tools to help them manage and control their risk,” said Matthew Katz, founder, chairman and CEO of Verifi. “We’ve This gave us a very different perspective on how card issuers view chargebacks and fraud,” said Katz. “It’s He continued: “We use the analogy of a vanity license plate.

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The Virtual Card Case For Nonprofits

PYMNTS

The company published its analysis on the role of virtual cards in the nonprofit sector, “The Nonprofit CFO’s Guide to Virtual Credit Cards,” last week, exploring how a sophisticated payment tool like the v-card can be particularly valuable to this breed of business. The first is cash rebates.

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How to Succeed at AI Strategy and Implementation: The 5 Questions Every Company Needs Answered

Cherry Bekaert

CEOs view AI as the top technology that will impact businesses in the near future. To answer this very question, the Chief Executive Group and Cherry Bekaert convened a roundtable discussion of a dozen CEOs in Nashville in November 2023. The AI strategy should be guided by business value. See Chart 1.) Why use AI technologies?