Stax

MARCH 18, 2025

To address evolving customer demands and accept electronic payments, you need a payment processing system. A good system plays a vital role in managing cash flow, alleviating fraud risk, and enhancing customer satisfaction. This article dives into what a payment processing system is, how it works, and its benefits.

Payment Services 88

Payment Services Merchant Services Payment Methods Payment Solutions 88

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.

Merchant Services 68

Merchant Services Payment Services Payment Methods Development Team Review 68

Payrix

FEBRUARY 4, 2025

Payment system An operational network governed by laws, rules, and standards that links bank accounts and provides the functionality for monetary exchange using bank deposits. Standard industrial classification (SIC) A system for classifying industries by a four-digit code; historically used by the IRS and the banking industry.

Payment Services 147

Payment Services Merchant Services Payment Solutions Payment Methods 147

USIO

FEBRUARY 14, 2025

Efficient and reliable payment systems play a crucial role in maintaining vendor relationships, the backbone of every successful business. As noted in Harvard Business Review , leveraging data to personalize vendor interactions can lead to improved performance and increased loyalty.

Payment Services 130

Payment Services Payment Solutions Payment Methods Payments 130

TechEmpower SaaS

MARCH 4, 2024

Similarly, in customer support , AI-driven chatbots and automated response systems are taking over routine support, effectively handling common issues such as account inquiries or basic troubleshooting. Contract management is streamlined as AI systems monitor contract lifecycles, ensuring compliance and mitigating risks of costly oversights.

Generative AI 443

Generative AI CTO Hire AI Sales Recruiting 443

Scytale

DECEMBER 5, 2024

If you’re running a SaaS business that handles the personal data of California residents and are not actively addressing CCPA compliance, you’re missing a seriously big piece of the puzzle. If the thought of navigating compliance feels like an endless maze of legal jargon, you’re in luck. Can’t you just handle it yourself?

compliance 52

compliance Technical Review Systems Review Software Review 52

TechEmpower SaaS

JULY 24, 2023

Can you provide specific examples of different types of customers, what they need, and what the system will do for them? What’s the state of those systems? If so, will you also have your own account system? Are users otherwise grouped by the system, maybe by background (employer, university) or preferences?

Innovation 780

Innovation Development CTO Hire Technical Review 780

SaaStr

APRIL 28, 2021

At Secureframe , we help companies get enterprise ready by streamlining SOC 2 compliance and get them ready within weeks, rather than months. . A penetration test (often called a pen test) is a simulated attack by a third-party to expose vulnerabilities in a company’s infrastructures, systems, and applications.

Enterprise 284

Enterprise Software Review Azure GCP(Google Cloud Platform) 284

Scytale

DECEMBER 3, 2024

When it comes to keeping your business secure and meeting regulatory requirements, two big concepts often pop up: penetration testing and compliance audits. To identify vulnerabilities in your systems, applications, or network so you can fix them before an actual cyberattack occurs. What are Compliance Audits? What’s the Goal?

compliance 52

compliance CTO Hire Technical Review Software Review 52

Scytale

OCTOBER 30, 2024

Well, if you haven’t, it’s best we dive in quickly (before non-compliance lands your business in some serious sh@#). Whether you’re a healthcare provider, a SaaS company in the healthcare space, or any other business dealing with Protected Health Information (PHI) , HIPAA compliance is non-negotiable.

Payment Services 52

Payment Services compliance Payment Solutions Payment Methods 52

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

Scytale

OCTOBER 22, 2024

When you first hear the term “SOC 2 Type 2 compliance,” it might sound like you’re entering some kind of information security maze. Whether you’re just starting out or are somewhere in the middle of the journey, SOC 2 Type 2 compliance is designed to help your business strengthen customer trust. But guess what? It doesn’t have to be.

compliance 52

compliance Systems Review Technical Review Company Culture 52

USIO

MAY 30, 2024

Set Up and Integration : Work with your chosen provider to integrate ACH payment capabilities into your existing systems. Monitor and Optimize : Regularly review your ACH transaction reports to identify any issues or areas for improvement. Ensure they are compliant with NACHA (National Automated Clearing House Association) regulations.

Payment Services 261

Payment Services Payments Payment Solutions Payment Methods 261

Neil Patel

JANUARY 7, 2021

Having the right learning management system (LMS) software in place makes this task much more manageable for everyone involved. The right one, however, will let everyone focus on their work instead of fighting with a frustrating system. The other thing to pay attention to is content compliance.

Systems Review 138

Systems Review Management Scale Education 138

BetterCloud

FEBRUARY 3, 2025

Without a clear strategy and a system in place, your organization can quickly become a victim of SaaS sprawl – a chaotic landscape of redundant subscriptions, hidden costs, and potential security risks. Security: Security posture, compliance risks, and potential vulnerabilities. This is the reality for many organizations today.

Government 52

Government Technical Review Systems Review Software Review 52

Neil Patel

SEPTEMBER 11, 2020

To help speed up the process, I reviewed six of the best systems on the market and put together a comprehensive list of what to look for as you make your final decision. 1 – Gusto Review — The best for small businesses. 2 – OnPay Review — The most flexible payroll service. And the best part?

Payment Services 145

Payment Services SaaS Payments Outsourcing Services Payment Solutions 145

Scytale

FEBRUARY 11, 2025

Did you know that the total value of losses due to fraudulent card payments worldwide – including both credit and debit cards – is expected to reach $43 billion by 2028? 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

Tom Tunguz

NOVEMBER 8, 2023

Most sophisticated data teams run like software engineering teams with product requirement documents, ticketing systems, & sprints. Looker did this within the context of a BI system. Meanwhile, regulation and compliance mean the governance burden only increases. 80% of data is unstructured within organizations.

Artificial Intelligence 225

Artificial Intelligence Trends Data Software Review 225

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. is essential.

Payment Services 113

Payment Services Merchant Services Payments compliance 113

Scytale

DECEMBER 10, 2024

When it comes to securing your customers’ data and earning their trust, there arent many things more important than SOC 2 compliance. Understanding SOC 2 Compliance At its core, SOC 2 compliance is all about showing your customers that their data is safe with you. But lets face it, its not always that straightforward.

Technical Review 52

Technical Review Software Review Systems Review compliance 52

SaaStr

NOVEMBER 28, 2022

Prakash Raina, Co-Founder of Subskribe, and Leslie Hui, VP of Accounting Operations and Finance Transformation at Okta, break down the secrets to unifying SaaS teams, processes, and systems. Before we get into the dynamics of alignment, let’s briefly review the evolution of SaaS. Governance and compliance are core to alignment.

Scale 246

Scale Finance Sales Hiring Scaling 246

BetterCloud

DECEMBER 16, 2024

All too often, with no SaaS system of record, those licenses linger unused with only an invoice to pay while a new employee steps in and probably buys yet another new license. Four hidden risks of shadow IT For too many organizations, if there is a single SaaS system of record, its on a spreadsheet. And when those employees leave?

Artificial Intelligence 52

Artificial Intelligence compliance Systems Review Technical Review 52

Stax

NOVEMBER 27, 2023

KYC’s three main components are the customer identification program (CIP), which was imposed by the USA Patriot Act in 2011; customer due diligence (CDD); and regular monitoring of the customer’s account and activities, which is also called enhanced due diligence (EDD). In the U.S.,

Merchant Services 88

Merchant Services Payment Services Systems Review Technical Review 88

FastSpring

SEPTEMBER 1, 2021

Due to the impact of the pandemic, the country reduced its VAT rate from 10% to 7% through September 30, 2023. To track compliance with this new regime, Thailand’s Revenue Department is maintaining a public list of non-resident digital businesses that register for VAT. Value Added Tax (VAT) was introduced into Thailand in 1992 at 10%.

Payment Services 147

Payment Services Payment Methods Marketplace as a Service Payment Solutions 147

USIO

MAY 24, 2024

Make sure you only work with PCI Level 1 Compliance. Ease of Integration : The gateway should integrate seamlessly with your existing systems and software with automated onboarding. Regulatory Compliance : Ensure the gateway complies with relevant regulations and standards. This eliminates downtime and passing blame to others.

Payment Services 130

Payment Services Merchant Services SaaS Payments Payments 130

Scytale

FEBRUARY 10, 2025

ISO 27001 stipulates specific requirements for establishing, maintaining, and improving an organization’s information security management system (ISMS). So, in the spirit of saving (time and money), let’s cut to the chase – what’s the cost of compliance?

Systems Review 52

Systems Review Software Review CTO Hire compliance 52

Scytale

NOVEMBER 4, 2024

SOC 3 consists of 5 controls or Trust Service Principles (TSP) : Security – The systems and information are protected against any damage, unauthorized access, and unauthorized disclosure of information. Availability – The systems and data are available for use. Integrity – The data is processed completely and accurately.

compliance 52

compliance Underperforming Technical Team Scale Technical Review 52

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

USIO

MAY 13, 2024

Paper checks usually cost around $4 to $20 and fluctuates due to certain companies and how they function. Receiving the highest level of security and compliance with Nacha standards. As time presses on, a world of paperless transactions catches up with the world everyday. Over time the world has seen a speedy decline with paper checks.

Payment Methods 264

Payment Methods Payment Services Payments Payment Solutions 264

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. In the recent years, we’ve seen the cross -border e -commerce market, especially in China, facing saturation due to intense competition from large platforms like Temu.com.

Merchant Services 182

Merchant Services Payment Services Payment Methods SaaS Payments 182

Neil Patel

SEPTEMBER 4, 2020

So, look for elements such as PCI compliance and encryption. Of course, you or your staff are going to be the ones actually using these systems. Square is also known for providing an exceptional, frictionless range of POS systems: Bonus: you can get the software and Square Reader for free. User Experience.

Payment Services 126

Payment Services Merchant Services Payment Methods Technical Review 126

Stax

AUGUST 22, 2024

However, setting up and managing a payment system can be complex and overwhelming. PayFacs handle risk assessment, underwriting, settling of funds, compliance, and chargebacks which exposes them to greater potential risks. PayFacs also handle risk assessment, underwriting, settling of funds, compliance, and chargebacks.

Merchant Services 88

Merchant Services Payment Services Payfac SaaS Payments 88

User Pilot

MARCH 9, 2025

According to Harvard Business Review, 80% of new products fail, primarily because companies fail to conduct proper customer research. To keep the data manageable, you also need to have a system of data organization in place, such as transcriptions, spreadsheets, qualitative analysis tools, etc.

SaaS 83

SaaS Social Media Interviewing Scale 83

SaaStr

FEBRUARY 25, 2020

That makes sales tax compliance easy to ignore… until it becomes a problem. . to, “When and how often is sales tax due to the state?”. The first step to sales tax compliance is knowing if what you sell is even taxable. Its solution was to work with us here at TaxJar to stay current and automate sales tax compliance.

Merchant Services 204

Merchant Services Scale Technical Review Sales Hiring 204

Scytale

MAY 28, 2024

‘Vendor Risk Management’ is more than just a buzzword in the information security and compliance landscape. But as with all things, doing it right requires some time, the right tools and compliance experts by your side. But what does this mean in terms of compliance? That’s us, by the way! GDPR , HIPAA ).

Systems Review 69

Systems Review Management Cybersecurity compliance 69

Stax

JULY 25, 2024

Years ago, point-of-sale (POS) systems were reserved for large enterprises with big budgets. Today, a small business is barely complete without a POS system. If you feel left out, the good news is that there’s a POS system out there ideal for your business. Thanks to the rise of SaaS platforms, that’s no longer the case.

Point of Sale 88

Point of Sale Payment Methods Payment Solutions Payment Services 88

BetterCloud

NOVEMBER 11, 2024

Before you know it, that ballooning super admin sprawl gives rise to security risks like cred e ntial theft , jeopardizing SaaS governance and compliance success. Makes SaaS governance and compliance programs more effective. In SaaS governance and compliance, there’s a concept known as “design effectiveness.”

Management 52

Management SaaS compliance Government 52