Posts Tagged ‘NMI’
PFs Attract Investment Dollars with Faster Onboarding, Better Client Experience
An analysis released by Accenture last week indicates that 2017 was a record year for global investment in financial technology, which rose 18 percent to a total of US$27.4 billion. In the U.S., the firm said, most of the investment went to lending and payments startups – collectively accounting for 60 percent of the country’s total.
Read MoreGoogle Launches Google Pay; NMI Acquires Creditcall: News Roundup
Google has launched its new Google Pay app, and NMI is expanding its omnichannel capabilities for ISVs and others with its acquisition of Creditcall. And in other news, Indian ecommerce leader Flipkart challenges Amazon with talks of a Walmart investment while the U.K.’s FCA reveals plans for a global regulatory sandbox.
Read MoreNews Roundup: Partnerships and Launches from Apple, Airbnb, Stripe and More
In a roundup of this week’s news, AirPlus International and Airbnb are joining forces, NMI has added features to its platform for payment facilitators, and Stripe has rounded up handy tools for its merchants.
Read MoreHow To Get Cracking On Your PayFac-ing
There are at least two great reasons to jump into the payment facilitator game– increased revenues and market share—and many many tools to help. One of those tools is advice from the hard-won success achieved by those who have made the leap.
In a session on the ins and outs of starting a payfac at the second annual Payment Facilitator Day at Transact16 in April, Kevin Harris of RunSignUp said training people was more of a challenge than software concerns, and David Weiss of Yapstone shared the difficulties of international expansion. Nick Starai of gateway tech company NMI told the audience to concentrate on the business they know best rather than focus on technological bells and whistles. The highlights of the discussion fill this week’s paymentfacilitator.com podcast, the next best thing to having been there.
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