野花社区

Pivoting to the New Way of Intelligent Decision-Making:The Journey Toward Convenience

Neither the individual who initiated the first card-not-present transaction nor the organization that pioneered a customer convenience channel could have foreseen the trajectory and evolution of payment systems. Fast-forward to today 鈥� the commerce landscape continues to be propelled by consumer-preferred payment methods that are convenient, swift, and efficient.

Pay with my hand? No way!

While I was watching the news, a story came on about a new technology coming to the local Whole Foods where you could pay with your palm.

Need a refreshing spike in summer sales? Follow Amazon鈥檚 lead

Traditionally, the summer is a slower time for retail, with sales in the U.S. typically centered around key holidays like Memorial Day, the Fourth of July and Labor Day. In the summer of 2015, Amazon changed everything when it introduced Amazon Prime Day, its own all-purpose summer shopping holiday exclusively for Amazon Prime members. This helped the marketplace giant in two ways: it increased sales during a lull, and it provided an additional incentive to become an Amazon Prime member.

Powering the world鈥檚 payments ecosystem with a best-in-class payments orchestration platform

Analyst firm Datos Insights recently released their Datos Matrix: Payment Orchestration Vendor Evaluation comparing payments orchestration vendors and named 野花社区鈥檚 merchant payments orchestration platform 鈥淏est in Class.鈥� The main scoring categories Datos used to analyze payment vendors were provider stability, client strength, client service, product features, and functionality.

Financial crime hits new heights 鈥� how merchants can fight back

According to Datos Fraud Experts, who just published their top 10 risks for 2024, fraudsters鈥� use of artificial intelligence (AI)-generated attacks tops the list as the number one risk. Datos' research shows that 81% of fraud executives are concerned that fraudsters using generative AI will exceed current fraud defenses. And TransUnion confirms this, sharing 60% of auto finance fraud losses are due to synthetic identity fraud. 2024 is the year for organizations to leverage AI tools and shore up fraud defenses.

5 Ways Optimizing Reconciliation Boosts Merchants鈥� 聽Financial Health

Every merchant must reconcile transactions, but not every reconciliation tool is the same. Outdated back-end platforms can result in merchants missing out on multiple performance gains, while an automated, orchestrated approach can put their business out in front.

Long Live Digital Payments!

Good news for U.S. merchants of all kinds 鈥� money will be easier to spend than ever before through different means to digitize payments. Over the last 50 years, consumer spending habits have surged through the use of credit and debit cards and, more recently, the introduction of real-time payments and other alternative payment forms such as PayPal, Zelle and Venmo. U.S. market projections (see chart below) indicate that consumers will continue to adopt and expand usage of all non-check and non-cash payment types over the next five years.

Are you coordinating or orchestrating payments?

Online payments are very complex, with multiple channels, payment types, processors, service providers, unique fraud and regulations that vary in every country. In-store complexities are even greater, with payment stacks often growing organically or through acquisitions instead of strategically.

7 ways payments orchestration is a game changer

As payments continues to play a starring role in competitive sales strategies, merchants are increasingly turning to payments orchestration to help them build better end-to-end customer experiences and meet increasingly demanding operational KPIs.

6 signs reconciliation inefficiencies are burdening your business

In the battle to win sales in a market that鈥檚 increasingly shaped by intense competition, rapid change and economic disruptors, the customer experience is now king. With much of a merchant鈥檚 focus on front end functionality, back-end processes like payments and account reconciliation are often inadvertently relegated to the back seat.

Payment gateways vs. payments orchestration: what鈥檚 the difference, and why it matters

Payment gateways and payments orchestration both help merchants to process payments, but they operate differently and offer their own distinct advantages. Here, we explore their unique selling propositions, key benefits and considerations to help you choose the right solution for your business.

Fight Fakes Without Friction

Why digital identity validation and verification is now a 鈥榤ust have鈥� for merchant fraud orchestration, and key FAQs when considering a provider