Tag: payment facilitators | Page 6

Envysion Partners with PF Toast: Improved Loss Prevention for Restaurants

Managed video solutions leader Envysion is enhancing their brand, taking an integrated offering to market alongside restaurant POS solutions provider and PF Toast.

Q2 Earnings: Square, Shopify, PayPal and Blackbaud

As we come to the halfway point for the year, momentum for fintechs is still going strong and cashless continues to dominate the marketplace. The recent trend towards mergers and acquisitions in our thriving ecosystem has paved the way for some impressive growth numbers, while the digital buzz continues to prime the marketplace for innovation and IPOs. Here is the Q2 earnings report.

SpotOn Seeks Out Sweet Spot in Serving SMBs

Can a business software provider be both vertically and horizontally focused at the same time? SpotOn President R.J. Horsley thinks so…

“Imagine the Best Experience”: PF Veterans Offer Their Advice to Companies Considering the Model

While the payment facilitator way of doing business is still a relatively new entrant in the payments industry, the model has been around long enough to have generated some seasoned veterans.

Some of those veterans offered their advice during a discussion at PF WORLD 2019.

High-risk Trends Series: Fraud and Scams

By lowering the barriers to entry into the payments system for many legitimate merchants, the payment facilitator model potentially becomes attractive to bad actors as well. This means that payment facilitators have to stay well-informed about the biggest risks to their own portfolios, so they can remain vigilant in protecting them.

This week, we continue an occasional series on the high-risk trends that are facing payment facilitators with a look at recent frauds and scams.

Payscape and NXGEN to Merge; UK OK with PayPal iZettle Acquisition: News Roundup

PaymentFacilitator’s News Roundup is a curated mix of the past week’s news and articles from around the web, including company announcements, global payments news, and other coverage and analysis of topics relevant to payment facilitators.

“A Team Sport”: Highlights from PF WORLD 2019 as Opportunity and Strategies for Success Take the Stage

Delivering the keynote address, Poynt founder and CEO Osama Bedier described payments capabilities as “plumbing,” telling the audience that you “can’t create a great customer or merchant experience” without them.

What Sponsors Want You to Know About Becoming a PF

When entering the payments ecosystem, few relationships are as important to the payment facilitator as the relationship with its sponsor. As the entity that enables entry into the payments system, a sponsor is providing both oversight and advocacy to its partner PFs.

Part II: You, Me, and Everyone You Know – The Impact of FinCEN’s Beneficial Ownership Requirements

In part I of this series, we discussed the impact of the beneficial ownership rule on banks and their payment facilitator relationships. In this installment we discuss how the beneficial ownership rules apply to a bank acting as an originating depository financial institution for Automated Clearing House (ACH) transactions and its relationships with Originators, Third-Party Service Providers, and Third-Party Senders.

2017 Q4 Earnings Show Growth for Square, Shopify and Several PFs

Many companies have now released fourth quarter earnings for 2017 and everyone from Square and Shopify to Blackbaud and RealPage are reporting growth both quarterly and annually. The payment facilitator model, again, proves to be a lucrative business opportunity and with the continuous growth and momentum that digital technology brings to the payments ecosystem, 2018 is expected to follow suit.