Coda Payments’ Post

Exciting Partnership Announcement 🎉 Payzli & DisputeHelp Join Forces to Elevate Risk Management and Chargeback Mitigation. I am thrilled to share the news of a groundbreaking partnership between Payzli and DisputeHelp/ChargebackHelp. This partnership marks a significant milestone in our journey towards enhancing risk management and chargeback mitigation for our partners and merchants. This collaboration is set to bring a suite of advanced tools and services, including Visa's Real-Time Dispute Resolution (RDR) and Mastercard's Ethoca, directly to our clients through the Payzli Connect platform. Integrating DisputeHelp's innovative platform with Payzli Connect aligns perfectly with our mission to equip our partners and merchants with the most effective tools to manage their financial operations. Our combined efforts will focus on addressing the unique challenges faced by businesses operating in higher-risk verticals, which are often more vulnerable to chargebacks and fraud. We are excited about the possibilities this partnership brings to our community and look forward to the positive impact it will have on our partners and merchants. Stay tuned for updates as we roll out these new capabilities and continue to work towards making Payzli the go-to platform for managing financial risks and optimizing payment processes. Read our article - https://lnkd.in/eSCbMtmk #payzli #disputehelp #chargebackhelp #partnership #riskmanagement #chargebackmitigation #fintechinnovation #highrisk 

Adapting to the ever-changing regulations and compliance policies for high-risk businesses is crucial for success and a smooth financial journey. One of the avenues that I highly recommend for those dealing with risk management and fraud from the merchant's perspective is the Association of Payment Professionals, formerly known as the Merchant Acquirers Committee (MAC). I've been a part of this organization for a long time, witnessing its transformation from an informal group into a recognized and well-known entity within the payments industry. They conduct weekly, monthly, and even annual conferences on a national scale, providing valuable insights into the latest trends and developments when it comes to risk management.  Another great organization to follow is the International Association of Financial Crimes Investigators (IAFCI), which takes a global approach and delves into the legal and regulatory aspects, not limited to industry niches. Building strong relationships with both industry professionals and law enforcement agencies is essential. This broader network comes in handy when disseminating critical information related to laws and regulations, particularly if you deal with high-risk merchants. In the dynamic world of payments, government agencies like the Federal Trade Commission (FTC) play an active role in safeguarding consumers' interests. They continually pursue merchants who could potentially harm consumers, imposing various regulations. Staying abreast of these regulations is imperative. To navigate this complex landscape, it's crucial to stay aware and attentive.  Attend relevant conferences, and subscribe to newsletters from industry experts and organizations. Stay in touch with those who matter and make sure you build an avenue to receive real-time updates on what’s happening in your industry. At Payzli, we've leveraged our relationships cultivated over more than 30 years with top banks, ISOs, ISVs, and independent sales agents. This reputation facilitates collaboration to find creative solutions when larger companies decline merchant accounts. It's a testament to the value of building and maintaining long-standing relationships in the payments industry. #HighRiskIndustry #PaymentRegulations #RiskManagement #FraudPrevention #RelationshipBuilding #FinancialServices #Experience

Getting ready for an exciting day 2 at the MRC | Merchant Risk Council! Today's focus is on real-time payments. Come visit us at stand 715 to join the conversation and learn more. See you there! #MRC2021 #RealTimePayments #Stand715

Between Hemanth and me, we have accumulated over 30 years of experience in Payments, Risk, and Compliance. Throughout our careers, we’ve trained hundreds of analysts and collaborated with regulators, law enforcement, card schemes, payment networks, industry bodies, and vendors. Many candidates we’ve interviewed or worked with in the early stages of their careers have asked us for resources to help them self-educate in this field. Unfortunately, there is a noticeable lack of accessible public content outside of the scheme rules. This led us to embark on a journey to share our knowledge with both experts and newcomers, making the learning process more independent and accessible for everyone. We believe knowledge should be shared - expect new content from us on a weekly basis. #payments #risk #compliance https://lnkd.in/gj_suVVg

It was great to see everyone at the Nacha Faster Payments conference this month! Summarized a few of the takeaways from the presentations and discussions. #Feedzai #payments #fraud #AI

Missed out on Nacha's Smarter Faster Payments 2024 conference in Miami? No problem—we’ve got you covered! 🌟 Feedzai’s Jas Anand and Ruxandra Aldea were among the conference attendees. They’re excited to share their key takeaways from the event. As faster payments expand, learn the significant changes are on the horizon, including: 🔍 Mandatory inbound payments monitoring ⚠️ The changing language of fraud—including why FIs must track “false pretense payments” 📜 New requirements for payment originators Plus, learn how financial institutions can leverage LLMs and #GenerativeAI to boost their fraud prevention strategies. 🚀 #Payments #Innovation #Banking #Fraud https://hubs.la/Q02xY6qW0

What happens when your payments business gains traction faster than it can manage merchant risk? When rapid growth leads to “compliance shock” because you’re approving new merchants faster than you can check them for fraud or other problematic activity? In our latest case study, A Risk Manager’s Story, you’ll get insights from a career compliance expert and hear his tales from the trenches—including how he joined the team at a merchant of record (MOR) the same week it got hit with a harmful scam that cost the business a major partner account, and how he helped them recover. Read the full case study: https://lnkd.in/e_HMXKEt #g2risksolutions #g2rs #merchantrisk #paymentsriskmanagement #associationofpaymentprofessionals

Overcome High-Risk Compliance Challenges with the Right Payment Partner Do compliance complexities have you worried your business can't scale? You're not alone - many high-risk industries face an uphill battle in gaining merchant account approval. But it doesn't have to stop your dreams of growth. PAYCLY Merchant Services, a payment provider invested in your success. Our dedicated high-risk compliance team works tirelessly to understand each business to create customized solutions. Through open communication and expertise, #PayCly helps navigate the complex regulations that give others pause. Rather than get bogged down in red tape, We find ways to say YES. With a global footprint and advanced technology, we eliminate borders so you can tap into new markets. Our security and fraud prevention also give partners confidence in your operations. Interested in taking your business worldwide but worried traditional providers will say no? PAYCLY Merchant Services wants to hear your story! Reach out for a free consultation to discuss how we can help manage risks while boosting opportunities. It's time to connect with a payment expert focused on solutions, not obstacles. #PayCly goes above and beyond to understand your business because your success is our success. Take that first step towards expansion by contacting PayCly today: https://paycly.com/ #paycly #highriskbusiness #merchantaccounts #paymentprocessing #scaleglobally #compliance #regulations #partnership #growth #borders #markets

“ The risk function has historically focused on downside risks, and rarely has it been seen as a potential lever for growth. As we move into an era of heightened customer expectations, pressures on fees, and intense competition, companies should consider a reset, with risk capabilities seen as a potential driver of value creation and differentiation. Our assessment of the industry’s focus suggests three areas where companies could leverage risk as a partner to further generate a competitive advantage. 1. Growing profitably into new markets or segments 2. Seeing risk as a product to better serve merchants 3. Embracing servicing ops to improve “ #payments #risk #fintech #finance

In the coming months, the payments industry will be confronted with high levels of risk, intensifying regulatory scrutiny, and significant changes in global standards, especially in key markets. My McKinsey colleagues Mariah Braxton, Ismael Hernandez, OLY, Ishanaa Rambachan, Julian Sevillano, Vasiliki Stergiou and I discuss the opportunities that this new dynamic offers to the risk function as a growth enabler. #risk #payments #riskmanagement. Learn more at  https://lnkd.in/eMQJj8P5