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.MAC UPDATES
Level Up 22 early bird rate expires Thursday!
Save $75 on your Level Up 22 registration and register by Thursday, December 17. Bring a teammate as this three-day event packs more than 40 educational sessions in three curated content tracks developed by industry leaders. View our newly updated agenda to learn more and plan your educational lineup.
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MAC Celebrates Volunteers
MAC is a volunteer organization. It is driven and exists because of dedicated professionals interested in educating the community and protecting the integrity of the payment ecosystem. Join us in celebrating our volunteers!
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Build your Network with MAC
If you are looking to advance your network within the payments industry, we encourage you to get involved with MAC as a volunteer. We have various positions open, and volunteering is an excellent way to enhance your industry knowledge and sharpen your skillset. MAC will be announcing General Elections in the New Year; get a leg up on the competition and volunteer today!
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Boarding more merchants faster is key to growing a merchant acquiring business, but it’s risky. KYC due diligence is more than simply a required “tick-the-box” task—it’s the first and critical line of defense against boarding bad actors. This series is designed for risk managers looking to implement the latest advancements in KYC technologies to speed due diligence and underwriting while increasing revenue and compliance.
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The ABC's of Underwriting - Part 2
In the second of a two-part series, acquiring banks and payment service providers (PSPs) go back to school with Web Shield’s Andreas Stedry as he leads us through the alphabet of merchant underwriting.
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.INDUSTRY NEWS
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Boarding more merchants faster is key to growing a merchant acquiring business, but it’s risky. KYC due diligence is more than simply a required “tick-the-box” task—it’s the first and critical line of defense against boarding bad actors. This series is designed for risk managers looking to implement the latest advancements in KYC technologies to speed due diligence and underwriting while increasing revenue and compliance.
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3 major trends fostering payment processing solutions market outlook by 2026
PaymentsJournal
The payment processing solutions market is likely to register lucrative growth over the coming years owing to rapid digitization, and rising penetration of smartphones coupled with adoption of numerous mobile payment applications. The ongoing market growth can further be ascribed to emergence of advanced technologies like VR, AI in the banking sector.
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Examining current, future fintech trends
ATM Marketplace
To say fintech has exploded in recent years would be an understatement. Customers have increasingly turned to fintechs as an alternative or companion to traditional banking, and COVID-19 only increased that trend.
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Using embedded payments to meet B2B customer experience expectations
PaymentsJournal
Everywhere you look, you see it yet you don’t — the paradox of payments: As payment options grow, they also become less visible, disappearing into the workflows that create them. For example, an increasing number of e-tailers offer “Buy Buttons” that bypass the standard shopping cart process. Customer expectations for payments revolve around simplicity and ease of use, and those same demands are creeping into the B2B space. However, the “consumerization” of B2B payments carries a great deal of complexity, particularly when it comes to implementing embedded payments systems.
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Rakuten, Afterpay combine BNPL, cash-back rewards
PYMNTS
Buy now, pay later (BNPL) platform Afterpay is teaming up with shopping rewards and cash-back program Rakuten on a program that combines cash-back rewards and flexible payment schedules, according to a joint announcement.
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53% of companies plan to automate their invoice delivery systems
PYMNTS
Digitizing business-to-business (B2B) payment processes that have long been manual is no easy task, but this action is becoming more necessary for companies operating globally. Organizations continue migrating toward digital channels and are beginning to incorporate newer technologies to assist their accounts payable (AP) and accounts receivable (AR) processes.
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