SaaStr

JULY 20, 2021

Chime wasn’t the first digital bank, but it has become the largest one in the United States. The financial services industry – banking, lending, insurance – has long benefited from deep competitive moats that limited competition and stifled innovation. Chris Dean, CEO @ Treasury Prime Wendy Cai-Lee, CEO @ Piermont Bank.

Payments 279

Payments Payment Services SaaS Payments Banking 279

SaaStr

JANUARY 24, 2022

Companies grew more slowly, there was nothing for a CFO to really do for years, and you could sort of outsource everything and just keep an eye on the bank statement. I have $1,000 in my bank account at the end of January. Mistake #9: Don’t forget about compliance. Compliance can be complicated. Things have changed a lot.

Finance 334

Finance Outsourcing Services Systems Review Technical Review 334

Payrix

FEBRUARY 4, 2025

To operate as an integrated software vendor (ISV) or payment facilitator, a software company requires a relationship with an acquiring bank and a payment processor. A cardholder initiates the payment for a purchase or service to the merchant or service provider with their payment information from a credit card, debit card, or bank account.

Payment Services 130

Payment Services Payments Merchant Services Payment Methods 130

USIO

FEBRUARY 7, 2025

For example, an API can connect your billing platform with your bank , enabling real-time transaction updates, automated reconciliation, and detailed reporting. Ensuring Security and Compliance Security is non-negotiable in payment systems, especially for companies handling sensitive financial data.

Payment Solutions 130

Payment Solutions Payment Services Payments Payment Methods 130

SaaStr

JUNE 22, 2023

Mercury offers banking* for startups — at any size or stage. Mercury is a financial technology company, not a bank. Banking services provided by Choice Financial Group and Evolve Bank & Trust®; Members FDIC. Join these incredible companies to experience all the value of SaaStr!

Scale 244

Scale Banking compliance Forecasting 244

SaaStr

JANUARY 17, 2024

On top of that, these AI experts were impressed with how the largest companies in the world, not just software companies, but even more consumer-facing enterprise-sized companies like banks and retailers, are rolling forward with AI. Compliance matters. So getting your SOC-2 certification, HIPAA compliance, GDPR, and FedRAMP.

AI 298

AI Enterprise Artificial Intelligence compliance 298

USIO

MAY 13, 2024

The reason why they can be so expensive is that overtime additional expenses go into paper checks like the costs of labor charges, working hours dedicated to making the check, material costs, and other charges levied by banks. Banks’ major fees are imaging fees, paid check fees, positive pay fees, check reconciliation fees, and more.

Payment Methods 264

Payment Methods Payment Services Payments Payment Solutions 264

SaaStr

NOVEMBER 24, 2022

We are passionate about helping businesses and communities thrive by advancing the way the world pays, banks and invests, serving more than 20,000 clients and more than one million merchant locations in over 130 countries. Insight Assurance is a professional services firm providing cybersecurity compliance, risk management, and tax services.

Merchant Services 261

Merchant Services Cybersecurity compliance Finance 261

User Pilot

AUGUST 23, 2024

How does customer onboarding in banking work? You will also learn the main challenges involved in the onboarding process in banking, best practices and explore the best onboarding software tools for the job. The process establishes the foundation for the bank-customer relationship. Why do you need it in the first place?

Banking 105

Banking Onboarding compliance Scale 105

Stax

MARCH 18, 2025

A typical payment processing procedure involves multiple parties, including the merchant, customer, payment processor, payment gateway, issuing bank, acquiring bank, and card networks. The processor facilitates the transaction by communicating with the payment gateway, issuing bank, and acquiring bank.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

SaaStr

NOVEMBER 3, 2022

Maast offers payments, banking, lending and more as features in software provider’s platforms – with one relationship, contract and integration. And, as a wholly-owned subsidiary of Synovus Bank, a “member FDIC”, Maast can offer the security and stability that comes with Synovus’ proud 130 year heritage.

Payments 264

Payments Payment Services GCP(Google Cloud Platform) Payment Solutions 264

FastSpring

MARCH 27, 2019

Understanding the basics of Payment Card Industry Standards is fairly straightforward, but maintaining full compliance can be challenging. PCI DSS compliance is enforced by the PCI Security Standards Council. How Merchant Levels define PCI Compliance. Compliance is a Moving Target. Compliance is an ongoing process.

Merchant Services 113

Merchant Services Payment Services Payment Methods compliance 113

Scytale

DECEMBER 2, 2024

Scytale adds the DORA framework to its list of leading security and privacy compliance frameworks, enabling businesses to ensure effective and all-inclusive management of digital risks in financial markets within the EU. Compliance with this framework provides solid principles that companies across various industries can learn from.

compliance 52

compliance Cybersecurity Banking Innovation 52

SaaStr

FEBRUARY 23, 2023

More than 300 leading software companies, payment processors, sponsor banks and others rely on Infinicept, the winner of the Electronic Transaction Association Fintech Innovation in Payments Award, to help them transform to the new era of software-led payments.

Payment Services 278

Payment Services Merchant Services Payments Embedded Payments 278

SaaStr

JUNE 29, 2021

4 Secrets to Using Data Security and Compliance as a Competitive Advantage with Very Good Security. Getting Fintechs to Market Fast: How to Leverage Your Bank and Tech Partners with Treasury Prime. Piermont Bank & Treasury Prime. Reserve my place. July 14, 2021, 10:00 am. Mahmoud Abdelkader & Christina Monets.

Payments 246

Payments Payment Services Scale Banking 246

Payrix

OCTOBER 1, 2024

In the latest episode of PayFAQ: The Embedded Payments Podcast, host Ian Hillis sits down with Candice Raybourn, Head of Partner Activation at Payrix and Worldpay for Platforms, to discuss the crucial topic of PCI compliance. Candice underscores the financial and reputational risks associated with non-compliance.

Payment Services 113

Payment Services Merchant Services Payments compliance 113

Stax

MARCH 27, 2025

TL;DR: Electronic Funds Transfer (EFT) is the umbrella term for all electronic payments made between bank accounts. EFT is the umbrella term for all electronic transactions that transfer funds digitally between bank accounts using only bank account information. In this article, well help you do just that.

Payment Methods 88

Payment Methods Payment Services Merchant Services SaaS Payments 88

Tom Tunguz

JULY 8, 2021

Asset acquirers - these include brokerages, custodial and non-custodial wallets, banks, asset managers, hedge funds, market makers, and lenders. Then they plan to cross-sell other financial products, much like a modern bank or brokerage. How does crypto work at the highest level? This is the mental model I’ve been using.

Outsourced Development 266

Outsourced Development Marketplace as a Service Banking Construction 266

Stax

JANUARY 23, 2025

The merchant underwriting process helps reduce fraud (including chargeback volume), ensures compliance with regulations, and protects financial stability in the payment processing space. Key steps include application review, risk assessment, credit checks, and compliance verification. Learn More What is Merchant Account Underwriting?

Merchant Services 68

Merchant Services Payment Services Payment Methods Development Team Review 68

SaaStr

JULY 18, 2024

You also have a technology decision maker whose job is strategy: ensuring the execution of the implementation is driven by strategy and that the CXO, risk and compliance, and the business owners know what’s going on. It’s more of a loop than a linear pattern. Below, you’ll see examples of pods within HashiCorp.

CTO Coach 305

CTO Coach CTO Technical Review Customer Success 305

SaaStr

MAY 29, 2022

A banking solution? A complex environmental compliance app? They know them. They know the buyer, the use case, etc. Especially in sales tools, because they live them every day. But can they sell a search API? Often not.

Sales Hiring 299

Sales Hiring Sales Recruiting Startup Sales 299

SaaStr

MARCH 28, 2024

I spend a lot of time researching software trends in vertical software, compliance, and AI. As a part of her work, she helped an industry consortium develop billions of dollars in corporate commitments to diversity, including supporting black-owned businesses and banks, driving long-term financial security for communities of color.

Venture Capital 279

Venture Capital Cybersecurity Artificial Intelligence Scale 279

FastSpring

SEPTEMBER 12, 2024

In simple terms, we handle everything from payments to fraud management, to custom support and tax compliance, so that sellers can focus on growing their business. However, this growth actually comes with challenges, particularly around compliance with content regulations. Jesse Paliotto (06:06) Yeah. Jay Jia (10:20) Mm -hmm, for sure.

Merchant Services 192

Merchant Services Payment Services Payment Methods SaaS Payments 192

FastSpring

OCTOBER 11, 2021

The Reserve Bank of India issued new guidelines for subscription purchases earlier this year — and the new rules came into effect a few days ago, on October 1, 2021. As we’ll describe in this article: The Reserve Bank of India is enforcing new data storage rules. Manual rebills will be the best way to maintain compliance.

Payment Services 146

Payment Services Merchant Services SaaS Payments Payment Methods 146

Stax

DECEMBER 4, 2023

The US, therefore, requires financial institutions as well as financial services firms to have anti-money laundering (or AML) compliance programs in place. In this article, we’ll discuss everything you need to know about ensuring AML compliance as a payment facilitator (or PayFac). Non-compliance can have major implications.

Merchant Services 88

Merchant Services Payment Services Payfac Technical Review 88

Stax

JULY 16, 2024

This is why PCI DSS compliance is critical. Compliance with PCI Data Security Standard regulations prevents shortcomings and vulnerabilities in payment processing, thereby reducing the risk of fraud, identity theft, and cyberattacks. security requirements are. In 2022, 31% of all payments were made using credit cards.

Payment Services 88

Payment Services Merchant Services Payment Methods compliance 88

SaaStr

NOVEMBER 18, 2020

They learned the importance of sales tax compliance the hard way—when they had to pay millions in back taxes. Early on, Basecamp had to deal with banks that were wary of their subscription plans. Basecamp , a leading SaaS-based project management solution, was a company that didn’t know they had to collect and remit sales taxes.

New CTO 232

New CTO SaaS Sales CTO 232

Intercom, Inc.

AUGUST 30, 2022

Mercury – Banking. Mercury is a financial technology company that provides banking* made with startups in mind. Mercury’s product also includes integrations, rules, and shortcuts that were engineered to help founders spend as little time as possible thinking about banking. Mercury is a financial technology company, not a bank.

Scale 163

Scale Payment Services Startup AWS 163

SaaStr

OCTOBER 13, 2019

We’s Banks Are Still Worried. Google Cloud Worth $225 Billion, Deutsche Bank Says. California’s new privacy law could cost companies a total of $55 billion to get in compliance. . | SaaStr. views · 9 upvotes. views · 3 upvotes. WeWork Investors Turned Off by ‘Sloppy’ IPO Filings. 5k views · 3 upvotes.

Scale 153

Scale Cloud Scaling PayPal 153

Stax

DECEMBER 20, 2023

Set rate processing Subscription rate processing TL;DR Interchange fees are not collected by your payment processor or bank; they go directly to the card-issuing banks. Interchange fees vary significantly depending on the card issuer, the issuing bank, type of transaction and/or merchant type.

Payment Services 167

Payment Services Merchant Services Payment Methods Payment Solutions 167

SaaStr

JULY 12, 2024

Grafana Labs still has features and capabilities they hold back that appeal to large enterprises, such as things around security and compliance. But when they discover a large global bank using Grafana Labs, that’s where the product strategy comes in. They’ve achieved that goal, but the balance is hard.

Scale 297

Scale Scaling Sales Hiring Sales Recruiting 297

SaaStr

AUGUST 8, 2023

The Accounting Team Responsibilities: Financial recording and reporting Compliance, Audits Accounts Payable/Accounts Receivable Tax, Treasury Your accounting team makes sure every financial transaction is recorded correctly and categorized. Accountants are responsible for ensuring the company has clean financial statements and data.

Scale 239

Scale Finance Outsourcing Services Sales Recruiting 239

USIO

JULY 25, 2024

Offering multiple payment options, such as credit cards, digital wallets, and direct bank transfers, caters to diverse customer preferences. Boost Security and Compliance Security is a critical concern for any enterprise handling payments. A satisfied customer is more likely to return, fostering loyalty and repeat business.

Payment Services 130

Payment Services Payment Methods Payment Solutions Payments 130

Subscription Flow

OCTOBER 16, 2024

Compliance with financial laws Calculating your tax, and then making sure that you are compliant with all the relevant tax laws is something that you have to do often. If you sign up with a billing software that cannot auto-generate reports for you, or ensure compliance, you would have to consider migration.

Payment Services 59

Payment Services Payment Solutions Payment Features SaaS Payments 59

Scytale

FEBRUARY 11, 2025

If your SaaS company handles payment card data , understanding and implementing PCI DSS controls is essential – not just for compliance but for protecting your customers, reputation, and bottom line. They are far more than just suggestions – they form the foundation of PCI DSS compliance.

Payment Services 52

Payment Services Merchant Services Payment Features Payment Solutions 52

SaaStr

JANUARY 12, 2022

Lost a bank customer we had served well for 5 years and up to.5M 5M in ARR b/c we were too small a co and compliance dept blocked renewal (shoulda raised price I guess…) ” — Jared Hansen, CEO Thrilling Foods. We all underresource customer success vs. sales. isn’t enough in the enterprise.

CTO Hire 328

CTO Hire Sales Hiring New CTO CTO 328

SaaStr

JUNE 20, 2024

You could be exposed if you’re working with vendors providing AI technology and they’re not focused on governance, security, and compliance in how you deploy or embed the AI technology. Say you’re working in the banking industry and creating a new loan. You can’t control data if you don’t know where it’s coming from.

AI 182

AI Artificial Intelligence Government Scale 182