Bjorn Ovick

Is your credit union tapping into the full potential of its data? Are you leveraging data to strategize and unlock new membership and product opportunities? With Vizo Financial’s partnership with Vertice AI, this is now possible. Through this collaboration, Vizo Financial is empowering credit unions to accelerate growth with a cutting-edge, rapidly deployable member growth solution, available to Vizo Financial members on exclusive terms. This solution democratizes access to advanced analytics, allowing credit unions of any size to offer the personalized member experiences that today’s market demands. Vertice AI’s Solution transforms your member data into actionable insights, delivering a single view of each member and predicting their needs — so you know who needs what, and when. Credit unions can now drive growth with targeted engagement and measurable results, without the expense of building or overloading in-house data science teams. Why Choose Vertice AI? With 70+ metrics across demographics, product relationships, and financial behaviors, Vertice AI helps credit unions understand their membership, scale their analytics, and maximize growth potential. Its proprietary scoring system quantifies each member’s economic participation, empowering you to create engagement strategies tailored to each member’s unique journey. Join Us! Vizo Financial will be hosting an informative webinar on November 19, 2024, at 2:00 p.m. ET to dive deeper into this powerful partnership. Don’t miss out on this opportunity to learn how Vertice AI can unlock new growth for your credit union. Register here: https://lnkd.in/ewZxyT89 Learn more about how Vizo Financial is unlocking member growth with our new solution, powered by Vertice AI, on the Vizo Financial blog: https://lnkd.in/ehrcZD2S #VizoBlog #CreditUnionBlog #CUBlog #CUEducation #AI #Technology

9

1 Comment

“The recurring payments model is shaped like a bowtie, with the left-hand side as the traditional sales funnel. Merchants must still attract customers, nurture the relationship, convert the sale, and maintain a relationship, but the process doesn’t end with a closed sale. In a successful implementation of this model, the customer commits to an ongoing relationship, so at the hub of the bowtie is the customer experience. “One of the major differences in this model is the customer’s journey, which is described in the right side of the bowtie,” Lancaster said. “The longer customers remain in the recurring payments model, they slowly advance from product adoption to brand loyalty. Eventually, they increase their advocacy until they become brand ambassadors.”” https://lnkd.in/gUrCJq8f #payments #merchants #consumer #retail #restaurant #owneroperated #fintech #merchantservices #finance #business

4

Speed is everything when it comes to onboarding merchants. Did you know that 30-35% of merchants abandon the process if it takes too long? Learn how AI-enabled KYB systems can help Payment Service Providers reduce onboarding times from days to minutes, without compromising security. https://lnkd.in/gsYtJh45  #Payments #Fintech #AI #MerchantOnboarding #Efficiency

5

1 Comment

Torpago Announces $10 Million Series B Funding Round “We’re at an inflection point where bank and credit union leaders are no longer seeing fintechs as competition, but rather as essential partners to support and modernize their offerings and infrastructure,” said Brent Jackson, CEO and Founder at Torpago. “The Series B is an opportunity for Torpago to continue our momentum in product innovation and expand our top-of-the-line service that becomes a game changer for banks and credit unions and their customers across the country.” https://lnkd.in/eq2FnZxh Jonathan Bresler EJF Ventures Thomas Priore Priority Carey Ransom BankTech Ventures #fintech #finance #banking #paytech #payments #fintechnews #paymentsnews

2

Macha, Inc. and PaymentsFirst, Inc. to Merge Combination Creates Dynamic Payment Association Macha, Inc. ("Macha") and PaymentsFirst, Inc. ("PFI") announced today that their respective Boards of Directors have approved a merger agreement under which the two payment associations will combine. Macha's wholly-owned subsidiary, Payment Advisory Resource ("PAR"), will continue to offer audit and consulting services under the combined payment association. "Our organizations have very similar cultures and approaches to education, advocacy, and member-oriented service, and this merger gives us the strength and resources to remain competitive going forward.," said Mary Gilmeister, President and CEO of Macha. Rich Leary, President and CEO of PFI added, "I am excited to partner PaymentsFirst’s, education, member services, proprietary audit and risk assessment software, and industry leading AI utilization with all the exceptional services Macha offers to their members." Gilmeister will serve as the CEO of the resulting entity, and Leary will serve as the President. Leary noted, "I’ve collaborated with Mary Gilmeister on many industry initiatives over the past 30 years and am truly looking forward to bringing our teams together to serve our combined members." Gilmeister observed that "Rich Leary and his team have built a legacy with PFI that makes it a perfect fit for Macha and we look forward to working together and carrying that forward." The merger is subject to approval by the members of both Macha and PFI in accordance with their respective bylaws. The votes are expected to occur in the 3rd quarter of 2024 with consummation to follow shortly thereafter. Reinhart Boerner Van Deuren s.c. served as Macha's legal advisor. Adams and Reese LLP served as PFI’s legal advisor. ### About Macha Macha was formed in 1975 and has more than 500 members. Macha, directly and through PAR, offers its members support on all payment systems, education, audit, risk and consulting services. www.macha.org. Contact Mary Gilmeister at (262) 345-1245 or [email protected]. About PFI PFI was formed in 2015 and has more than 650 members. PFI offers its members support on all payment systems, education, audit, risk, and consulting services. www.paymentsfirst.org. Contact Rich Leary at (678) 528-3234 or [email protected]. View the full press release here: https://lnkd.in/ec2g97Ak

38

3 Comments

We're closing out B2B Payments 2024 on a high note with a live virtual conversation starring Corrie DeCamp, Chief Product Officer at Billtrust! This panel will explore the compelling reasons for automating AR processes, addressing the challenges and inefficiencies of manual AR, including high costs, errors, and delayed payments. It's not too late, register for free now! https://hubs.ly/Q02V_0Lq0

1

Discover how Spreedly's Open Payments Platform is revolutionizing digital commerce! Andy McHale, our Senior Director of Product and Market Strategy, shares his insights with PYMNTS on how an open payments platform facilitates transactions, enhances security, supports global expansion, and meets evolving consumer expectations with seamless payment experiences. 🚀 Learn more about the future of payment orchestration and how it can drive your business growth: https://bit.ly/3WNaAy9 #OpenPayments #DigitalCommerce #FintechInnovation #SpreedlyInsights #PaymentOrchestration

6

This picture shouldn't be a representation of your payment file testing 🐎 We can help you do better! https://lnkd.in/gVjHzCmk #payments #paymentautomation #paymentsolutions #XMLdations

8

Sezzle's CEO, Charlie Youakim, recently spoke with Payments Dive about how Sezzle has grown since its inception 8 years ago, adapting to both consumer preferences and regulatory changes. While pay-in-four remains a favorite among our customers, we've expanded our offerings to include pay-in-two and long-term installment lending for larger purchases through our third-party lending partners. Check out the full article for more insights into how Sezzle is shaping the future of payments.

81

🚀💡 A Golden Era of Innovation 💡🚀 Our 50 years of payments innovation made the impossible possible across America. We made it happen by iterating and reiterating, cooperatively building innovations on top of innovations. #PaymentsInnovation #CelebrateNacha What do you think was the most notable innovation to happen on the ACH Network?

10

Are you a financial institution determining whether to build, buy, or partner on your instant payments capabilities? BAI recently published an article from our Founder and CEO, Abhishek Veeraghanta, about strategies for choosing what's best for your payments journey. #instantpayments #collaboration #innovation https://lnkd.in/eZ89nvZB

15

Payments trends are always changing, but the one thing that's staying true is that ACH payments demand continues to increase. More and more of our reseller partners are helping their merchants processing ACH payments to save money, while simultaneously earning higher residuals. That demand isn't going anywhere anytime soon. Read more from our blog about the future trends and demand: https://lnkd.in/gfCfznhU #paymentsinnovation #paymentstrends #achpayments #demand #paymentsleaders

6

🥇BR-DGE: The Gold Standard in Payment Orchestration for Enterprise Merchants 🥇 Navigating payment challenges is like competing in the Olympics. High transaction costs, complex integrations, compliance issues, and fraud are hurdles you need to overcome to succeed. BR-DGE leads the way in payment orchestration, helping enterprise merchants excel. Why BR-DGE? 🔧 Enhance Your Infrastructure Upgrade your payment systems with a single integration, overcoming tech challenges and ensuring a seamless payment experience 💰 Optimise Your Payments Cut costs and boost acceptance rates with tailored payment methods, smart routing, data insights, and tokenisation 🔒 Secure Your Transactions Leverage third-party fraud prevention and centralised tokenisation to protect your business and customers without adding friction Our platform is trusted by leading enterprises in digital goods, ecommerce, travel, transport, and gaming sectors. BR-DGE simplifies managing multiple providers, offering countless payment methods through one interface. Learn more here: https://lnkd.in/eSSuMirn #PaymentOrchestration #EnterprisePayments #Fintech #DigitalTransformation #Ecommerce

12

Mark Curmi, CEO of Trumia, spoke to WhosWho.mt about the rapid shift in customer preferences towards digital financial services, emphasizing the growing importance of convenience and accessibility. Check out the full piece to find out more about: ➡  the importance of leveraging technology to improve the financial services landscape ➡ the value of personalisation and customer-first approaches ➡ maintaining compliance while fostering innovation and expanding globally ➡ the challenges of staying ahead in a fast-changing environment, focusing on simplicity, trust, efficiency, transparency Trumia is here to meet those needs with seamless, user-friendly financial services.

16

Understanding payment rails is key to navigating the payments landscape. Click below to learn about the ACH network, card networks, the RTP® network, and the FedNow® Service. #paymentrails #fintech #payments

7

Mbanq joins The BaaS Association! This alignment supports Mbanq in helping drive best practices within an industry that is rapidly changing in response to regulatory and technology shifts. Read more here: https://lnkd.in/gEUJtB53 #BaaS #CommunityBanks #Banks #FinTech #Innovation Vlad Lounegov Dave Mayo

69

2 Comments

Don’t miss out on the Tech Forum Kick-Off: Is Orchestration the Missing Piece in Your Payment Strategy? Join us at 1:10 PM for an unbiased analysis of the complexities of payments orchestration, exploring the reality. Gain insights from industry leaders who are shedding light on how to navigate this trend that could extend beyond online payments and revolutionize in-store experiences. Meet you there!

17