payment processing

A payment processor is a company appointed by a merchant to handle transactions from various channels such as credit cards and debit cards for merchant acquiring banks. They are usually broken down into two types: front-end and back-end.

Source: en.wikipedia.org

US FinTech Synapse Eyes Expansion Into India, LatAm
US FinTech Synapse Eyes Expansion Into India, LatAm
September 29, 2022  |  International

U.S. FinTech Synapse, which provides U.S. checking accounts to abroad clients, is close to 1 million Brazilian accounts and will be looking to expand to...

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What Headwinds? B2B Digital Payments Shift Still Growing
What Headwinds? B2B Digital Payments Shift Still Growing
August 19, 2022  |  Digital Payments

Payment digitization continues its inexorable march to dominance. Lest one is tempted to think that momentum might have slowed after the pandemic served as an...

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APIs Bring Much-Needed Payments and Payouts Relief to Africa’s Insurance Sector
APIs Bring Much-Needed Payments and Payouts Relief to Africa’s Insurance Sector
August 04, 2022  |  API

Money moves from a consumer to a business and often there’s a use case in which that needs to move back out whether as refunds,...

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FIS Plans Expansions Into New Markets, Locations in 2022
FIS Plans Expansions Into New Markets, Locations in 2022
February 15, 2022  |  Earnings

FinTech platform FIS touted its expansion into new countries in 2021, and plans to keep expanding this year. The company, on an earnings call Tuesday...

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Report: What Smaller Businesses Can Learn From Enterprise CFOs About Digital Payments
Report: What Smaller Businesses Can Learn From Enterprise CFOs About Digital Payments
January 14, 2022  |  Digital Payments

During the two years of disruption prompted by the pandemic, businesses of all sizes looked at the economic landscape and considered how they should respond...

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B2B Payments Digital Makeover Must Include Clearing Payments Processing ‘Blind Spots’
B2B Payments Digital Makeover Must Include Clearing Payments Processing ‘Blind Spots’
June 29, 2021  |  B2B Payments

The way customers expect to receive and make payments presents one of the biggest challenges facing merchants, said VersaPay Executive Vice President of Payments Operations...

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Why B2B Firms Must Take The Wheel In Payment Processing Strategy
Why B2B Firms Must Take The Wheel In Payment Processing Strategy
July 31, 2020  |  B2B Payments

In the midst of a surge of new software solutions and FinTech platforms available to B2B companies, the enterprise resource planning (ERP) system continues to...

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DOJ Looks At Possible Wirecard Role In Purported $100M Bank Fraud
DOJ Looks At Possible Wirecard Role In Purported $100M Bank Fraud
July 08, 2020  |  Security & Fraud

Adding to the series of legal difficulties for Wirecard, the Justice Department is looking to see if the German payments company had an essential part in...

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