PayCLT

Join us on Thursday, September 26 for Payments Unplugged: Navigating the Future of Fraud Prevention and Innovation, an exclusive event where industry leaders come together to tackle the most pressing challenges and trends in the paytech space. This is an in—person event (5:30-8:30 PM at Wray Ward) with a virtual attendance option starting at 6:00 PM. Please register here and secure your place at this must-attend event!: https://lu.ma/0tmgdgb8 About the Event: Prepare to dive deep into the hottest topics transforming the payments and fintech landscape. Our dynamic panel discussion will feature leading voices from across the industry, sharing invaluable insights on: Combating Payment Fraud:?Learn how to protect your organization against the latest threats with cutting-edge defenses. Future-Ready Fraud Strategies:?Discover advanced technologies and innovative strategies that will keep you ahead of the curve. The Evolving Landscape of Payment Fraud:?Uncover the latest tactics used by fraudsters and what your organization needs to know to stay vigilant. Unlocking the Potential of Faster Payments and Data Protection:?Explore the impact of cyber threats, data breaches, and the future of secure, rapid transactions. Harnessing Generative AI for Payments Innovation:?See how AI is revolutionizing fraud detection and driving new levels of customer engagement. …and much more! ? Meet Our Host and Panelists Host: Katherine Wong?— Director of Transformation Solutions, GoDgtl with PruTech Esteemed Panelists: Kelly Buchanan?— DCIO for Enterprise Payments & Wholesale Technology, Truist Bank Janice Ong?— Vice President, Payments Experience, United Nations Federal Credit Union (UNFCU) Birender Saini?— Executive Vice President, PruTech Why Fintech Leaders Should Attend In today’s rapidly evolving landscape, staying ahead means more than just keeping up—it means leading the change. This event is tailored for senior leaders and decision-makers who are ready to: Gain Insight:?Understand the forces reshaping the fraud payments landscape and prepare your organization for what’s next. Drive Innovation:?Leverage cutting-edge technologies and strategies to transform challenges into opportunities. Expand Your Network:?Connect with other industry leaders and experts who are driving the future of fintech and payments. Don’t Miss Out! This is your chance to lead the conversation, drive meaningful change, and position your organization at the forefront of the industry. Dean N. Nick Williams Scott Harkey Miguel Cintron Coty Lee Donna Turner Dan Roselli Davina Demelenne Wade Davis, J.D. Marcia Klingensmith Katherine Wong Shelly Franke Mohamed Mostafa Sherry Seetram Rich Dooley, MBA, CTP

Clock is ticking... For ISO 20022, the Time Is Now ?https://lnkd.in/gHExukvH It’s getting late in the game, some banks are ready, some are not. But ISO is about speaking the same financial language, which has tremendous benefits which will drive customer success. All FI’s need to get in the game. "Whatever the impetus for adopting ISO 20022, it’s important to move away from the idea that customers are going to somehow drive product development. The fact of the matter is that payers and payees don’t really care about such details. They’re never going to come up with a use for a messaging standard to create a new product or demand a new product. ISO 2022 is about making sure that we are all speaking the same language". #b2bpayments #ISO20022 #digitaltransformation

New paths... How can you make money with Embedded Finance? ? https://lnkd.in/eCZNi2wi Embedded finance provides non-FI companies with new revenue and growth opportunities. The best way is with the right partner. "With the rise of Embedded Finance, many non-financial companies are starting to launch their own payment, banking, lending, investment, or insurance products. When these companies apply for a license and become banks, they will have the same revenue opportunities. However, the majority of non-financial brands opt out of regulation and instead provide financial services in collaboration with regulated entities. For various reasons, this tends to be their best choice". #b2bpayments #embeddedfinance #fintech

Join us on October 22 at 6:00 PM for an exciting online-only panel: Regulation in Fintech: How to Build Responsibly. How should Fintechs view regulatory bodies within the United States? As outdated hurdles who’ll never understand the cool things you’re doing? As stodgy marketplace participants who should only get the minimum amount of information about your business??As hurdles so impossible to surmount that you’re better off ignoring? Correct answer: none of these! In many ways, the US fintech regulatory framework has been slower to fully develop than many other jurisdictions around the world, allowing market participants a chance to experiment and demonstrate new innovations without regulatory mandates. However, slower regulatory development hasn’t meant looser standards in the long run, and building responsible regulatory partnerships is key. Through difficult topics like consumer data availability, national fintech charters, or debit interchange regulation, successfully navigating the regulatory landscape can be a challenging experience for fintechs, but adhering to the letter and spirit of the law is vital to establishing a viable business model. Come join a panel of experts who’ve successfully partnered with regulators from a variety of banking as a service, open banking, and general financial institution roles to get a taste of how to responsibly build sustainable fintech businesses in today’s ever-evolving regulatory environment. Please register here: https://lnkd.in/e2ePRBUj Dean N. Nick Williams Scott Harkey Miguel Cintron Coty Lee Donna Turner Dan Roselli Davina Demelenne Wade Davis, J.D. Marcia Klingensmith Katherine Wong Shelly Franke Mohamed Mostafa Sherry Seetram Rich Dooley, MBA, CTP

Join us on October 22 at 6:00 PM for an exciting online-only panel: Regulation in Fintech: How to Build Responsibly. How should Fintechs view regulatory bodies within the United States? As outdated hurdles who’ll never understand the cool things you’re doing? As stodgy marketplace participants who should only get the minimum amount of information about your business??As hurdles so impossible to surmount that you’re better off ignoring? Correct answer: none of these! In many ways, the US fintech regulatory framework has been slower to fully develop than many other jurisdictions around the world, allowing market participants a chance to experiment and demonstrate new innovations without regulatory mandates. However, slower regulatory development hasn’t meant looser standards in the long run, and building responsible regulatory partnerships is key. Through difficult topics like consumer data availability, national fintech charters, or debit interchange regulation, successfully navigating the regulatory landscape can be a challenging experience for fintechs, but adhering to the letter and spirit of the law is vital to establishing a viable business model. Come join a panel of experts who’ve successfully partnered with regulators from a variety of banking as a service, open banking, and general financial institution roles to get a taste of how to responsibly build sustainable fintech businesses in today’s ever-evolving regulatory environment. Please register here: https://lnkd.in/e2ePRBUj Dean N. Nick Williams Scott Harkey Miguel Cintron Coty Lee Donna Turner Dan Roselli Davina Demelenne Wade Davis, J.D. Marcia Klingensmith Katherine Wong Shelly Franke Mohamed Mostafa Sherry Seetram Rich Dooley, MBA, CTP

Virtual certainty... Why virtual credit card acceptance is critical to customer retention ? https://lnkd.in/gr3zjZHv Buyers are looking more towards virtual cards as a payment method, seeking the advantages of automation and safety. While that presents some challenges for sellers, the competitive advantages likely outweigh those concerns. "Virtual credit cards are quickly becoming a key part of the B2B payment industry. In fact, the North American virtual card market is expected to grow 24% annually, hitting $694 billion by 2026. Our research also shows that 78% of buyers anticipate using virtual cards more frequently next year. While these cards make life easier for buyers, they can create significant challenges for sellers who accept them. It’s important that sellers weigh the extra work associated with these cards against the impacts of rejecting a customer’s preferred payment method". #b2bpayments #virtualcards #digitaltransformation

Cashless is king?... North American cashless payments to climb 7% by 2028: report ? https://lnkd.in/eVd8AdYg More payment options mean less cash. "Business-to-business payments will reflect overall trends.?In North America, non-cash business-to-business transactions are expected to climb 7%?this year to $56.2 billion, up from $52.5 billion last year, according to the report. That’s slower than the worldwide 10.8% increase. The North American figure is expected to soar another 7.5% to $75.5 billion by 2028, per the report". #b2bpayments #instantpayments #commerce

Hands off... The Hidden Cost of Manual AR Processes ? https://lnkd.in/grffNCys Inefficient and manual AR processes cost businesses time and money. Those that seek a better way will have a leg up. “Organizations with well-oiled AR processes can rely on their own liquidity, reducing the need to tap into external financing,” he added. “This allows them to invest in growth initiatives and other strategic priorities.” In today’s dynamic macro backdrop, cash flow is the lifeblood of any business, and the efficiency of an AR process is directly tied to a company’s financial health and growth potential". #b2bpayments #digitaltransformation #accountsreceivable

Join PayCLT at this event!

It’s a big number... What is the Estimated Value of U.S. Instant Payments, 2024 – 2028? ? https://lnkd.in/evx9qTMu Expect to see meaningful growth over the next few years. "One of the most significant trends is the increasing adoption of instant payments worldwide. As businesses begin to mirror the success of instant payments in the consumer sector, this trend is expected to gain even more momentum". #b2bpayments #realtimepayments #paymentsinnovation