Podcasts about cybersource

Have you ever wished for a “payments sherpa”? Someone who would share their experiences, opinions, and advice about this industry - the uncut, “real real” of what can happen and what to remember as you move along your payments journey. In this episode, we sit down with one of our favorite payments industry sherpas - Steve Klebe.  No stranger to our podcasts, this time Steve talks about payments partnerships. This is a topic Steve is passionate about - and for good reasons. Partnerships - the successful ones - make this industry go around. The right partnerships can make the industry better, bring novel and differentiated offerings to the market, and make the payment transaction easier, more secure, and more valuable to consumers and businesses.  Steve has invested about half his career creating successful strategic partnerships for Verifone, CyberSource, Google, and more (frequently going out on a limb to do it), and he survives to tell his tale. We hope you enjoy listening to this episode as much as we enjoyed recording it.  

Prepare to revolutionize your understanding of account-to-account (A2A) payments with our special guest, Dave Glaser, CEO of Dwolla. Dave presents a fascinating insight into the company's innovative approach towards A2A payments, including their strategic shift towards servicing mid-market and enterprise clients. We delve into Dwolla's new product, Dwolla Connect, and how companies can leverage this technology while maintaining existing treasury relationships. Dave, with his wealth of experience in the payments and fintech industry, also shares his journey and his exciting career highlights involving Cybersource, WorldPay, and now, Dwolla.We cast a broad net over the rapidly evolving fintech landscape, discussing how traditional payment methods are getting a major makeover. From the omnipresent ACH transactions and real-time payments to the rise and triumph of companies like Square and Stripe, we uncover the seismic shifts in the industry. We probe into the potential transition from credit cards to A2A transactions at retail and explore how these changes are enabling merchants to accept payments anytime, anywhere, via any device. Lastly, Dave shares valuable career advice and discusses the role of artificial intelligence in Dwolla's innovation strategy, bringing a holistic perspective to the conversation about the future of payments and the fintech industry as a whole.

Today's guest is a long-time sales and marketing leader with over three decades of experience at really cool companies like Altiris, InsideSales.com, and Cybersource. Jeff Fowler is the Vice President of Global Marketing and Demand Generation at Tradeshift. Jeff joins Host Chris Mechanic for a great discussion of the negative impact of subjectivity in decision-making, The post Squash subjectivity and double down on data with Jeff Fowler appeared first on WebMechanix.

Nos cinco primeiros meses de 2022, o Brasil registrou, em média, 930 tentativas de golpes financeiros pela internet por hora, ou mais de três milhões no total, segundo a empresa de segurança digital PSafe. A tendência do alto número de fraudes permanece neste ano e especialistas destacam que as facilidades trazidas pelo universo digital combinadas ao período de dificuldades econômicas que o país enfrenta impulsionaram a criação de mais e novos tipos de golpes. Nesta semana, o podcast Educação Financeira traz um levantamento exclusivo da CyberSource, uma provedora de serviços de pagamentos da Visa, sobre quais são as principais tendências de fraudes financeiras em 2023 e dá dicas de como se proteger.

A Petlove tem uma vertical que oferece planos de saúde para animais de estimação. Quando falamos de planos, falamos de um modelo de negócio recorrente. E um dos grandes pesadelos dos gestores deste tipo de operação é a inadimplência. Em janeiro de 2023, 10% do faturamento da vertical de planos de saúde da Petlove veio do uso de ferramentas inteligentes de recuperação de inadimplência da Vindi. Dentre elas, o Renova Cartões, que é uma funcionalidade exclusiva da Vindi em parceria com a Cybersource que gera, em média, uma receita extra de 120% de retorno sobre o valor investido.  Contar com tecnologia é sempre a melhor escolha para aumentar a eficiência financeira dos negócios. Por isso, neste episódio, contamos os detalhes dessa funcionalidade e mostramos como a Petlove reduz a inadimplência na prática.  Alguns dos aprendizados são: além de cuidar da previsibilidade financeira do negócio, o Renova Cartões também ajuda a Petlove a oferecer uma experiência fluida de pagamento para os tutores; além das funcionalidades e ferramentas, a Vindi participou do processo de integração de sistemas financeiros das empresas adquiridas via M&A através dos nossos serviços de Professional Services; 10% pode ser a diferença entre uma empresa dar lucro ou prejuízo, por isso toda otimização conta.         Participam do episódio: Gustavo Carvalho, Diretor Executivo da Cybersource Brasil  Pamella Casarin, Head de Operações na Petlove  Maria Silvia Vieira, Estrategista de Conteúdo na Vindi  Links do Episódio #68 sobre o case da Petlove com a Vindi e Cybersource:

Sign up for my Daily Fintech or Daily Digital Banking Newsletters here. Check out my latest podcast episode below: Welcome to your daily FinTech news! NEWS HIGHLIGHT Belvo joins Endeavor's network of global entrepreneurs. Endeavor's global community of entrepreneurs is essential to support Belvo's growth and success. Endeavor Entrepreneurs have created more than 3.9 M jobs and generated combined revenue of over $42B. Link here FINTECH NEWS #fintechinnovation Haru Invest obtained an MSB license to enable the digital asset management platform to carry out operations as a money transmitter service and expand its scope of service in the US. Link here Brankas to launch PHinance Challenge, with Kaya. 8-week programme will help to generate innovative, high-value open finance products for early-stage startups in the Philippines. Link here Safepay HQ to go live with Cybersource, in order to bring Pakistani merchants new ways to allow their clients to pay them online. Link here Shift launched Equipment Line. With Shift's Equipment Line either the broker or the customer can initiate transactions ranging in value from $2,000 to $500,000. Link here #crypto GoTo is getting into the crypto business. Indonesian tech firm ishoping is to diversify its services, with its purchase of local crypto exchange PT Kripto Maksima Koin. Link here

This week on the #PaisaVaisa Podcast, Host Anupam Gupta is in conversation with Shailesh Paul – Head, Merchant Sales & Acquiring and CyberSource, India and South Asia at Visa where they discuss the future of contactless payments in India and much more! Anupam and Shailesh initiate the conversation on how Visa works globally, the journey of contactless payments in India and how it has evolved in the past few years. Further, they even chat about the total size of contactless payments in India, how secure are contactless payments since they don't have an OTP and much more on this episode of #PaisaVaisa Podcast with Anupam Gupta.Paisa Vaisa is India's leading podcast on personal finance with 1m+ downloads, 130+ hours of content and conversations, 150+ guests, and 300+ episodes. Since 2017, Paisa Vaisa has interviewed experts across the spectrum of personal finance covering diverse topics such as mutual funds, stocks, housing, loans, education, crypto, and much more. Listen in now to make smarter decisions with your money!You can know more about Visa: ( https://www.visa.co.in/ )Twitter: ( https://twitter.com/Visa_IND )Linkedin: ( http://www.linkedin.com/company/visa/ )You can follow Shailesh on Linkedin: ( https://www.linkedin.com/in/shailesh-paul )Get in touch with our host Anupam Gupta on social media:Twitter: ( https://twitter.com/b50 )Instagram: ( https://www.instagram.com/b_50/ )Linkedin: ( https://www.linkedin.com/in/anupam9gupta/ )You can listen to this show and other awesome shows on the IVM Podcasts app on Android: https://ivm.today/android or iOS: https://ivm.today/ios, or any other podcast app.You can check out our website at https://www.ivmpodcasts.com/

Welcome to this Big Commerce episode of talk commerce. And I have Brent Bellm here, the CEO of Big Commerce. Brent, why don't you introduce yourself? Tell us your day-to-day role and maybe one of your passions in life. Great.So I'm CEO of Big Commerce. I took over for the founders about seven years ago.Big Commerce is a software as a service e-commerce platform where basically the software. Brands and retailers use to create beautiful, successful fast-growing e-commerce stores. We serve them all around the world. We're big, of course, in north America, but also Australia, New Zealand across EMEA, and very proudly have recently launched in Mexico with further expansion plans in south America.We power brands of all sizes. Brand new companies and startups who get going for $30 a month, all the way up to some of the world's very largest companies. For example, Proctor and gamble runs a vast majority of its brands on sites all over the world. I'm dead commerce, SC Johnson, Unilever other customers of ours, just to pick one category.We recently launched Ted Baker, a leading men's apparel and lifestyle brand. And we're one of the biggest software as a service. Platforms in the world. We IPO code two years ago and now trade as a public company on the NASDAQ. That's great.So we're at ShopTalk today. And you had a big announcement yesterday.Multi-store front. Why don't you tell us a little bit about a multi-store front for Big Commerce and what that looks like?Yes, multi-store front is the biggest and most complex product release in our history and arguably one of the most complex and biggest product releases of any e-commerce platform in history.What multi-store does is it lets any account or customer of ours, launch additional stores for additional brands,  additional customer segments and or additional geographies. All from a single account. These stores can have the same or different themes and designs, catalog, checkout experiences, integrations.The value of it though, is it's a scalable way for companies to expand how and where they sell, leveraging all the efficiencies of a single account. What is so powerful about this is that traditionally one could only get multi-store functionality from the most expensive large enterprise platforms, Magento enterprise, Salesforce, SAP, and what made it really complex to launch is our platform was originally designed for one account, one store.You could have multiple stores, but they each had to have their own account, their own infrastructure. You're basically duplicating all your effort to build multiple. Every component of our platform had to become, multi-store aware. Catalog had to know which store it's referencing, checkout, which store it's referencing tax.Every single component themes URLs had to be rewritten to understand which store am I talking about storefront for a given owner. And that rewrite took us three years. All while on a multi-tenant SaaS platform, meaning without disrupting the 60,000 roughly stores that are running every day, their stores keep running.And then at the end of this path, they suddenly have the ability to add more stores without  anything breaking on the stores that they had. Historically, that's really hard to do. Remember when Magento went from Magento one to Magento two, it was a rewrite. And a component of that was trying to significantly improve their multi-store front capabilities.They had the benefit of being on-premise software. They could just throw away Magento one, rewrite it as Magento two and say, Hey customers, if you want this set of improved capabilities, you have to migrate. It's a total migration. You throw away your Magento one. And now you start over on Magento two.You can't do that with multitenant. Software as a service multi-tenant means everybody's running on a single platform. And when you make changes, they have to not break the stores of everybody running. You can't tell them to version or upgrade or migrate. You have to fix it all while the train is running.And that is what we have done. So we're immensely proud of it. It truly makes us a full featured complete platform for even the world's largest enterprises. And it's a very big differentiator, for example, from Shopify who cannot do this.I want to back up just a little bit and just talk a little bit of a more more about SaaS as well and how much savings clients can realize in their SaaS offering virtues versus the on-prem.You did mention that the having to upgrade and some of those breaking things. The upgrade path in a on-prem version, you do have to shut down and start up and spend money on doing that. Where are the savings then met from Big Commerce for the client when they're on just the SaaS platform,when you're on SaaS a large portion of your software hosting and everything is included in.You don't have to pay separately for hosting. You don't have to have an army of software engineers to maintain your code. You don't have to worry about security and bug fixing. It's all included. That starts for as little as $30 a month, and believe it or not on Big Commerce, if you go start a store for $30 a month, you're running on the exact same platform that Proctor and gamble is and all of our largest and some of the biggest companies in the world they're running on the exact same.We're maintaining hosting, constantly improving performance speed each and every day. Our agency partners who are familiar with on-premise software in particular Magento often tell us that total cost of ownership of Big Commerce versus on-premise software can be anywhere from a 50% lower to 80% lower, depending on the nature of the customer.And the complexity of their site. So it's a dramatic saving. I've always believed that this was the best solution for most companies who are, if you're a retailer or a brand, you're usually not a technology company and don't have world-class software engineers and it professionals, I believe in this for 22 years.In fact, in the nineties, I was a retail consultant first, starting with retail stores, physical stores, and then going to. Internet stores. And when I cut the cord on consulting and said, I'm going to now bet my career on a single concept. What is the concept? I most believe in the world of e-commerce at the end of 99, I joined a company called escalate, which was one of the first SaaS e-commerce platforms back in the day.I remember there being three or so others, I could name Yahoo stores. Volusion, Blue Martini. We were number four. There might've been a few others around the world. They didn't even call it SaaS back then they called it ASP. But at the time, this is like 1999, 2000 companies were spending five to $10 million to cobble together the software and the infrastructure and the hosting for their stores.And Escalate came along and said, we'll do that for you, but only charge you 6% of your sales. But that scales and you don't have all the upfront costs. Incredible idea before it's time. That company didn't end up surviving and succeeding Yahoo stores and Volusion did, but they never really were able to modernize their tech stack as technology moved faster than they did.But today I came back into Big Commerce and into this industry in 2015 with a total conviction that in the year 2015, it's fundamentally broken if on-premise software, no matter how good. And I knew how good Magento was because I partnered with them when I was at PayPal. My boss ended up buying them into eBay.I was part of that evaluation in 2010. So I saw Magento taking off. I had all the respect in the world for what a great platform it was, but it was on-premise software. It burdened companies with having to license their software, then customize it, maintain it, secure it, host it. And most companies can't do that.They certainly don't like the versioning and the upgrading. And I said it is high time that a SaaS platform was really the solution for the world's complex businesses. We'd already grown to number two in the world for serving small business. Shopify was number one, they had a five-year headstart on us.And in the 2015, I said we're not going to catch them. We can't overcome their five-year headstart. They've already IPO. We have not. So we're going to do something they're not doing and nobody else is doing something that's new to the world. We're going to create what we call open SaaS. We're going to take a SaaS platform and open up every component and turn it into little microservices, catalog and checkout tax service, everything with our own API layer and SDK, so that the world's complex businesses.Can customize can modify can't extend when they don't like our native functionality use partner functionality. We're going to try to make SaaS as open and comparable to open source and on-premise as possible. And so that is our mission. It's been that for seven years bringing enterprise level openness and enterprise level functionality to a SaaS plan. So that the world's businesses can really optimize for whatever complexity or uniqueness they have, that's our vision for what Big Commerce is doing differently than any other company. It's religion for me. I think it's what a big portion of the world's companies need when they embark on the best path of e-commerce.I liked the concept open SaaS, maybe talk about some differentiators, especially around the checkout and the payment section, Big Commerce does offer a lot of savings as well in that area. And maybe against some of the competitors, what are they doing in checkout and what can't you do?Yeah. On some of the other platforms,when I came into Big Commerce Shopify was already offering Shopify payments and more or less shoving it down the throats of their merchants. If you're a small business, you can either use Shopify payments, their proprietary solution. Or if you want to use someone else, you better hope they're integrated because that's up to Shopify.And if you do, they surcharge you an extra 2% of all your sales. Now I come from a payments background too. I was doing internet payment gateways in the nineties. I was eight years at PayPal. I helped. Express checkout and build their whole merchant services business around PayPal Europe. For four years, I ran global product at PayPal.I know payments. And one of the things I know best is that there is no such thing as one size fits all in payments. The needs of a business in Mexico , I was there last week, are completely different when it comes to payments and the needs of one in the United States or Canada and a solution built by Shopify a white labeled solution for north America.Sorry. United States and Canada is not going to work in Mexico. Let alone pick any other country around the world. It's not going to work in B2B, but even for plain Jane credit card processing, there's real differentiation between a strike between a Braintree between CyberSource and Authorize.net.Chase go to Europe, Adyen checkout.com. All of these companies do something different and special. It's not one size fits all. And so rather than in the pursuit of trying to take as much money from our customers as we can, which, what happened if we had a proprietary payment solution, our strategy is the opposite.We go to each of these phenomenal payments players, and we say, let's partner, let's get you the single best integration into Big Commerce that you have with any platform in the world. So that if ever a business goes to you and says, Hey, we like your payments. Which platform can we best take advantage of it on, we want that to be Big Commerce.I believe that statement is true for PayPal and Braintree for Stripe, for Chase, for Adyen, you go on down the list. We give customers choice and we don't surcharge them if they don't use our own proprietary product, because we don't have a proprietary product. We believe the specialists in payments are far better.And especially with their diversity of. Then we would be, and that Shopify is by the way, if you want to know how you benefit from this, it's very straightforward. Just go to pricing on Shopify and compare that to pricing on Big Commerce. And you will see that you save a lot of money at all at the exact same size of merchant at every tier, you're saving a substantial amount of money using our payments players because our payments players compete against.Whereas Shopify says use us, or, and we'll charge you more at every level. And if you don't like it, we'll surcharge you 2% to use somebody else. Now let's go to checkout. So if Shopify is making let's call it 2.9% off a small business. When they process the payments if they don't use Shopify, they want to charge them the 2% surcharge.That means they have to control the checkout to. How much GMV, how much in sales of businesses getting so they can charge them that 2%. That is a core piece of the rationale around why at Shopify third-party checkouts are disallowed. You have to use Shopify checkout. They used to have third-party checkouts built by Bold, built by Bolt different companies, D versus T fast.Or merchant-specific ones and they said, no, we don't allow those any longer because we need to know every single piece of data, every single sale. Cause we're going to charge you 2% if you're not processing the payments through us. Okay. That's how they make money. And they're really good at making money.We, on the other hand, believe in our concept of open, which is that we do our best to make the best built-in checkout that way. But if you need to modify that checkout, you can do that. You can download the actual source code. I don't think this is possible. Any other SaaS platform you can download the source code that powers every single pixel in the Big Commerce checkout, modify it, re-upload it.Now you've got a custom checkout running on Big Commerce that you've modified that this still maintains PCI compliance. That's pretty cool. You can also use a third-party checkout. We support proudly Bold and Bolt. And Fast and anybody else who creates a custom checkout, we support checkouts that are different other countries around the world.You can have your own proprietary checkout. You can have a checkout modified for B2B and all the various B2B payment methods. We support that type of openness because businesses are complex businesses need to optimize for their geography and their customer and their use cases. And what we specialize in.Is instead of a one size fits all playbook, open SaaS, flexibility, the power to let a complex business optimize for its complexity. And win that way, 

John Lunn is the Founder and CEO of cloud payment orchestration platform Gr4vy. He is a technology and fintech entrepreneur with 21 years of experience working and investing in financial services, commerce enablement, e-payments, data, security and infrastructure. Lunn worked as the Director of Technology for six years at CyberSource, the world's first payment service provider, which was sold to Visa for $2Bn in 2010. He then helped found Passmark Security which was sold to RSA Security in 2006. In 2006, Lunn joined PayPal as the fourth employee in the UK (now 2,000+), where as Global Director of Developer and Startup Relations, he built and grew PayPal's first Developer Relations team. In 2015, he was instrumental to the purchase of Braintree by PayPal and joined the team. In 2016, Lunn was part of the team that launched PayPal Ventures, the venture capital arm of PayPal, a $350m fund with backing from the Board. Lunn was a Board Observer for Dosh, Arkose, Raise, Acorns, Toss and many others.

Bence Jendruszak is the co-founder and COO of SEON. He graduated from the elite EBS school and Corvinus in general management prior to starting the hyper-growth startup SEON. A regular startup pitch winner with Lendit London and advocate of safer digital transactions for all merchants and financial institutions. He's been featured in Forbes' ‘Hot Startups to Watch in Europe'.Jimmy serves as CCO at SEON, the fraud fighters. He has over 13 years within the online payments and fraud space as part of fraud tech pioneers CyberSource (acquired for $2B by Visa), GlobalCollect (acquired by Ingenico for $1B and latterly InAuth (acquired by American Express for $250m). His passion is mixing nerdy obsession over technology and hyper commercial growth.

Getting from Point A to Point B has never been easier, thanks to the technology behind Cybersource, A Visa Solution. Fernando Souza, Global Head of Cybersource Travel and Transit Solutions, sat down with us to talk about the surge in contactless payments as a result of COVID-19, the ease and safety benefits, and how open loop payments are the future of public transportation. Already adopted in more than 190 countries, digital payment management is making a major impact on travel around the world through mass transit, tolls, micromobility and more! Contact Visa to learn more about their global urban mobility solutions. Free trial of Member Connection - SAE's exclusive online member community, now through August 31. Join today and experience the power of connecting through SAE! If you enjoyed this episode, please leave us a review and subscribe to SAE Tomorrow Today on your favorite podcast platform. Send ideas for future guests and topics to podcast@sae.org. Follow SAE on LinkedIn, Instagram, Facebook, Twitter and YouTube Follow host Grayson Brulte on LinkedIn, Twitter and Instagram #SAETomorrowToday

In this episode, I spoke to Ryan Lane, Director of Strategic Alliances at Cybersource. Cybersource is a payments company and A Visa Solution. Cybersource's difference is their ability to strike that balance between fraud prevention and still capturing more sales. You'll hear Ryan talk later about achieving that balance, an important thought for merchants as they strengthen their fraud strategy - you don't want to make things so tight that your sales actually dip as a result. We also spoke about the future of innovation within the payments space, and Ryan shares his views on the rise of contactless and mobile payments. If you enjoyed this episode, be sure to like and share on social media, and if you're considering how you can strengthen your fraud strategy in 2021, you should reach out to Ryan directly at rlane@visa.com. Learn more about Storesome and the marketplace solution we offer: https://www.storesome.com

Launches & announcementsMobile payments company Auka renames to Settle. The company says the change is in order to unify and best reflect its mobile payments product offering. In addition, its mission is to become the number one mobile payments platform in Europe.Emirates NBD has launched a digital supply chain financing platform for its corporate and institutional clients. It says the smartSCF platform will offer businesses in the UAE a set of integrated, automated tools designed to enhance and simplify their supply chain collaborations while also optimising working capital and reducing transaction costs.Dubai investment banking and asset management firm Shuaa Capital has unveiled three Sharia-compliant funds and already secured $75million of commitments. The three funds – Shuaa High Yield Sukuk Fund, Nujoom Aggressive Fund and Nujoom Balanced Fund – are part of Shuaa's fund platform rolled out in Abu Dhabi's international financial hub.Appreciate, home of Love2shop, has launched a new digital gift card that enables businesses to reward and incentivise employees and customers instantaneously. Based on Mastercard, the Love2shop Contactless digital gift card can be used online or in-store through a mobile wallet with over 80 retailers and leisure providers. Digital gift cards instantly by email, text, Facebook Messenger or WhatsApp to an unlimited number of recipients. Appreciate Group has collaborated with payments technology company CleverCards to develop the new offering to coincide with the rebrand of its B2B arm to ‘Appreciate, the home of Love2shop'.Meanwhile, fintech Galaxy and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) have launched a virtual hackathon for financial inclusion and regulatory collaboration in the Arab region, the Yalla Fintech 2020 Hackathon. Winning proposals in each theme will be awarded prize money of €5,000.00 to kick start the scaling of the solution.FintechOS, the global technology provider for banks, insurance and financial services companies, has created and implemented a digital onboarding solution for OTP Bank Romania. It includes a current account available through a Mastercard debit card, with Internet and Mobile Banking services, all with zero costs to the user if the necessary sign up conditions are met. What's more, customers no longer have to visit the bank branch in order to open an account with access to a card and internet banking services.Plus, Suguba reveals eight startups are joining its second investment readiness programme in French-speaking West Africa. Bio Agripol, Mousso, Dothan, Eneza, CinetPay, Carfics, Shop Me Away and Kamtar will be joining the L'Afrique Excelle accelerator programme.Mergers and acquisitionsNexi, an Italian PayTech leader in digital payments and SIA, the Italian and European leader in payment technology and infrastructure services, have signed a memorandum of understanding regarding the integration of the two groups through the merger by incorporation of SIA into Nexi. SIA is controlled by Cassa Depositi e Prestiti through its subsidiary CDP Equity.While, financial services network StoneX Group has completed its acquisition of online payments company Giroxx. With the name change to StoneX Financial, Giroxx is now officially integrated into StoneX's larger global payments division.PartnershipsAccount-to-account payment solution provider Nuapay and Cybersource – Visa's global payment management platform – have joined forces. Nuapay's end-to-end cloud environment for collecting recurring payments has been integrated into Cybersource's payment gateway.Charities using the goDonate platform can soon offer GoCardless as a payment method. goDonate says it has partnered with the recurring payments fintech in order to make charity donations simpler and more convenient.OakNorth Bank and ComplyAdvantage have joined forces to combat financial crime. Their partnership will ensure OakNorth is fully compliant with anti-money laundering regulations, as well as screen for risk at onboarding.Emirates Islamic has forged a long-term strategic partnership with Mastercard to offer credit cards to the bank's corporate banking clients. In addition, Emirates Islamic's clients will also have full access to a range of Mastercard's advisory services.Cybersecurity solutions provider HUB Security teams with insurance broker Marsh to offer insured storage solution. Financial institutions can now store and manage digital assets, including cryptocurrency, on HUB's platform and purchase up to $400million in ‘cold storage' insurance through Marsh's digital asset risk transfer team.Meanwhile, fintech prepaid card issuer Tenpo has selected Paygilant to provide Chileans with robust digital fraud prevention. In addition, Paygilant says it supports Tenpo's mission to ‘redefine the LATAM financial services market'.Pan-European payment solution Lemonway, has partnered with Ripple to enable instant, more transparent and cost-effective European transactions. The payment solution company will now be able to provide instant payouts with reduced costs, which in turn allows marketplaces to offer more competitive payment services to merchants.Saudi Arabian digital wallet, STCPay, has selected cloud-native, cloud-agnostic Temenos Payments and Temenos Transact running on a private cloud to achieve exponential growth and expand its digital payments capabilities. Temenos Payments provides Straight-Through Processing (STP) rates over 99% and will underpin STCPay's digital customer experiences.Finally, Tezos Gulf, the decentralised, public blockchain platform, has achieved certification recognising its features and governance is in alignment with Sharia standards.AppointmentsRGI Group, a portfolio company of private equity firm Corsair Capital, has hired Cécile André Leruste as group CEO.  Leruste succeeds interim CEO Christophe Quesne. She most recently served as managing director for Accenture Global Banking.Payments issuer processor Global Processing Services (GPS) has bolstered its executive leadership team with a trio of appointments. Richard Hodgson is now chief financial officer, Shaun Puckrin is chief product officer and Jerome Gudgeon is chief technology officer.First Derivatives, the capital markets experts, has tasked Nicholas Dolan with further accelerating its growth strategy. Dolan, who has considerable expertise in Calypso software, will focus on growth in North America, the UK, Australia and South Africa, as well as strengthening services in Newry, Ireland and Micassaga, Canada.Funding raisesGenesis, the global financial markets software firm, has received a strategic investment from Citi via its Markets FinTech Investments and SPRINT groups to leverage Genesis' “Low-Code Application Platform” (LCAP) to drive its key innovation priorities.Spoon Guru the London-based AI-powered food search and discovery technology start-up, has announced that it has secured a Series A funding round with W23, the Venture Capital arm of Australia's largest retailer, Woolworths Group. The multi-million dollar investment will be used to expand Spoon Guru's footprint with retailers across APAC, North America and Europe, at a time when governments are putting a greater focus on the importance of food and health to boost national health.Chargebee, the subscription billing and revenue operations platform powering thousands of fast-growth subscription businesses, today announced a new $55M Series F funding round led by Insight Partners. The current round of funding includes participation from existing investors, bringing the total funding raised to date to $105M. Chargebee provides the subscription platform used by thousands of businesses across the world, from startups to large businesses like Okta, Pret a Manger, and Envoy.And Simply, the non-bank SME lender, has announced a fourth financing tranche from the British Business Bank to add to its existing ENABLE Funding facility. In total, the four rounds of financing will provide more than £230m of funding to smaller businesses across the UK. This is now the largest facility under the Bank's ENABLE Funding programme, which aims to improve the supply of asset and lease finance to smaller UK businesses.

Nossa primeira temporada foi incrível! Com mais de 10 mil plays e participação de grandes marcas do mercado como: Visa, XP Investimentos, OLX Brasil, Reclame Aqui, Loggi, Omie, CyberSource, Pinheiro Neto Advogados, GENCOMM, Associação Brasileira Online to Offline - ABO2O, Barcellos Tucunduva Advogados, Modulo Security Solutions e tantas outras que passaram por aqui. Para encerrar essa temporada e relembrar os melhores momentos preparamos uma retrospectiva de todos os episódios. Escute agora e fique ligado! Em breve, a segunda temporada estará no ar!

On Payments on Fire® we’ve talked with gateway operators, processors, tokenization specialists, fraud management firms, and others - all providers who help payment acceptors handle their payments. The range of services and business value they deliver varies a lot. Some providers do everything. Others, like Spreedly, the subject of this Payments on Fire® podcast, focus on a narrower set of functions and business outcomes. Payment Flow and the Payment Service Provider (PSP) When we talk about merchant acquiring in the Glenbrook Payments Boot Camp, we highlight the following transaction flow: The merchant or its ISV, perhaps running as an PayFac, accepts the customer’s payment They connect to a gateway or a processor The gateway routes the transaction to an acquiring bank or its processor OR the merchant connects directly to one of these entities The transaction is routed by the acquirer or processor into the payment network and on to the accountholders’s financial institution That picture oversimplifies the tasks at hand. Depending on what kind of merchant you are, the set of payment-based services you need can vary substantially. If you answer yes to any of the following, there are payment service providers ready to help you with specific tools: Are you an e-commerce merchant Is omnichannel commerce important? Are you strictly a bricks-and-mortar operation? Are you a biller or a heavy user of invoicing? Do you operate unattended devices like vending machines and kiosks? Are you global or have global aspirations? Are you an SMB or enterprise-class payment acceptor? Some payment service providers (PSPs) are owned or captives of larger upstream entities. Their role is to capture an ever widening stream of transactions to flow on to their parent company. CyberSource, owned by Visa, may not care a lot about who the acquirer is but the company's transaction handling drives revenue for Visa. Other independent PSPs like NMI and, in today's podcast, Spreedly, focus more on the needs of the merchant. NMI anchors it many other talents around its core gateway. Spreedly might be considered is a gateway to gateways. It connects to processors and has developed a broad set of connections into domestic systems around the world. Spreedly is a also payments tokenization provider. Given that range, Spreedly refers to itself as a merchant-facing payments infrastructure provider. More casually, Spreedly is a layer of glue between the payment acceptor's operations and the payment systems that the acceptor needs to support. Payment orchestration is another in vogue term to describe what Spreedly, and others, do. This is an evolving story and marketplace. Definitely worth a listen to Justin Benson, CEO of Spreedly, as we talk about what his company does and a range of industry topics including tokenization, risk, and more.

Today’s top news: the U.S. economy could lose $10.3 billion from the Chinese travel ban, and former Bank of France governor Christian Noyer said a centralized eCurrency is still at least a decade away.

Rick Wilson, CEO of Miva, sits down with Jeff Pandolfo, Sr. Director Tech Partnerships for CyberSource & Authorize.Net, to talk about how independent merchants can thrive in the age of Amazon. Rick, Jeff, and Rich chat about the past, present, and future of ecommerce, exploring how technology accessibility has changed the commerce landscape. Episode Highlights 02:30 – Independent sellers & Amazon – Jeff remarks that his talks with small merchants, mid-market CEOs, and enterprise CEOs are shockingly similar. Ecommerce businesses of all sizes are facing the same challenges. 07:15 – Amazon's most desired products – Rick asks Jeff about the products on Amazon he loves. Digital products and home fixtures top the list. 11:12 – Ecommerce logistics barriers – Jeff points out that today’s shipping barriers are low compared to the past and predicts globalization of sales as the biggest opportunity over the next 5 years. 21:36 – Evolution in the payment space – Rick queries Jeff about the challenges of fraud in the payment space and the role of machine learning in fraud prevention. 33:15 – Great shopping experiences – Jeff describes the products and customer experience offered by some outstanding ecommerce businesses. 32:28 – Closing thoughts – Jeff encourages online merchants to take a chance on new technologies and talks about embracing the integration of online and in-store shopping experiences. Dragonproof Links Dragonproof Ecommerce (Book) - https://www.amazon.com/Dragonproof-Ecommerce-Business-Products-Customers-ebook/dp/B07NKW3W52 Dragonproof Website - https://dragonproofbook.com/ Social Dragonproof Facebook - https://www.facebook.com/dragonproof2019/ Dragonproof Instagram - https://www.instagram.com/dragonproofecommerce/ Dragonproof Twitter - https://twitter.com/Dragonproof2019 Rick Wilson Twitter- https://twitter.com/RickMiva Richard “RichE” Otey Twitter - https://twitter.com/richardotey Solutions Mentioned Authorize.Net - https://www.authorize.net/ CyberSource - https://www.cybersource.com/en-us.html Avalara - https://www.avalara.com/us/en/index.html Signifyd - https://www.signifyd.com/

Episode 48: Mark (https://www.linkedin.com/in/mcgeemark/) lives in San Francisco, where he leads client solution design at CyberSource, a Visa company. Before joining Visa, Mark headed the product development team at TSYS that grew the payment gateway by 10X. Part of this success came from leading the Agile transformation of the IT, Product, PMO, Governance and Finance teams involved in the payment gateway business. Before that he managed a privately held web content management solutions start-up, where he founded a consulting practice that tripled revenues in two years. Prior to Quantum Art, Mark adventured in Germany, where he worked as senior product manager at Intershop Communications, and as a business analyst at Hewlett-Packard. While in Germany, Mark studied in the Euro*MBA program and founded Western Europe's first graduate education distance learning fraternity. Prior to Intershop, Mark was on board with Pacific Bell as they launched the first “Baby Bell” Internet service using Netscape 0.9. Mark's first job out of college was at Franklin Templeton, where he got into public speaking through Toastmasters and Dale Carnegie. A lifelong learner, Mark studied Philosophy and Business Economics at University of California Santa Barbara. Mark's passions are filmmaking and travel to film festivals. He attends South By Southwest every year and has been to Cannes and the Venice International festivals. With the Scary Cow filmmaker co-op, Mark produced and acted in independent films (e.g., https://www.imdb.com/title/tt1778349). This episode's motto: "Settling down can be a wonderful thing."

The global spread of digital payments gets a huge boost from giants like Google. Google’s Google Pay is far more than just a wallet, and the subject of this Payments on Fire® episode with Steve Klebe. Steve heads Google’s Processor and Partnerships business and has terrific experience in our industry, working with payment gateway CyberSource, payment security firm RSA, and carrier billing firm BilltoMobile. He’s also served multiple times on the board of the Electronic Transaction Association. In other words, a true payments geek. Here’s what we talked about: The evolution of Google Pay from its 2011 launch as Google Wallet and the various incarnations since then Google’s business model for GPay and the degree to which the data generated by GPay transactions influence (or not) the advertisements we see on sites using Google’s advertising services Transit payments, Google’s role in the W3C’s Payment Request API, and how Google pulls it into its own tools The Google Pay value proposition and how it combines the value of hundreds of millions of cards on file, their organic growth through Chrome’s auto-fill, Google’s own sales, and making those credentials available to third parties via Google Pay The new Google Pay APIs that focus more on convenience than payments: event ticketing, airline boarding passes, and more Google Pay India, renamed from Tez, and its role in the UPI framework that enables secure bank-to-bank transactions. We conclude with thoughts on the Open Banking phenomenon and Google’s intentions in that area.    

Solving the pain points of online payments was the applications that garnered the most attention in Bitcoin’s early days. In recent times, as consumer adoption of Bitcoin payments has been underwhelming much of that attention has shifted elsewhere. Nevertheless, companies keep working hard on making the vision of a universal, global payment system a reality. Among those companies, one stands out as the top contender to compete with existing payment systems: Bitnet. Funded with a heavy warchest and the company is ran by veterans of Visa and Cybersource, a company started in 1994 to help merchants accept credit cards online that was sold to Visa in 2007 for $2bn. They have been working behind the scenes to get Bitcoin to break through with merchants. CEO John McDonnell joined us for an important discussion of how online payments work today, why they are broken and how Bitcoin will revolutionize the industry. Topics covered in this episode: The story of Cybersource and payments in the early day of the internet The pain points with online payments for merchants and consumers today The role of the different actors such as payment processors, card networks, merchants and issuing banks The niches where Bitcoin payments could break through first Why coming from inside the payment industry provides Bitnet with a huge advantage Why they are focusing on Payment Service Providers instead of acquiring merchants directly His view on BitLicense and how it will affect Bitcoin payment processors Episode links: Bitnet Richard Gendal Brown: Why the payment card system works the way it does Richard Gendal Brown: Simple explanation of fees in the payment card industry Wikipedia e-commerce credit card payment systems This episode is hosted by Brian Fabian Crain and Sébastien Couture. Show notes and listening options: epicenter.tv/087

There is no bigger name in the credit card business than Visa, and there are no bigger names in the payment gateway business than Cybersource and its subsidiary, Authorize.Net. Later this year, all of those companies will likely be combined, as Visa and Cybersource announced recently that Visa intends to purchase that company. To explain the transaction and its impact on ecommerce merchants, Michael Walsh, president and CEO of Cybersource, and John Bodine, its vice president of small business sales, visits with Practical Ecommerce’s Kerry Murdock.

Most every ecommerce merchant has experienced credit card fraud. But some merchants have experienced more fraud than others, and fraud-prevention efforts vary from merchant to merchant. Cybersource, the payment gateway company, tracks all of this. For 11 years now it has assembled an online fraud report called “Online Payment Fraud Trends, Merchant Practices and Benchmarks.” The architect of the report, and the survey behind it, is Doug Schwegman, CyberSource’s director of customer and market intelligence. He joins Practical Ecommerce’s Kerry Murdock.