Mixed-cart fraud is a two-step process created by fraudsters to circumvent traditional fraud detection methods. Keep reading for tips to protect your business from this crafty new threat. ...
The credit card processing industry is at the intersection of finance, technology, and security. Whether you're new to the merchant services side of banking or are just looking to stay informed, we hope you'll find this guide helpful....
E-commerce giants, including IKEA, Blue Apron, Casper, and Spotify, are capitalizing on the appeal of pop-up shops. Should your business consider doing the same? ...
To create impactful growth strategies for your bank, in-depth reporting is a must-have. Reporting from your partner can enrich the full scope of your bank’s merchant services program, from informing the sales process, to curbing PCI non-compliance. ...
Your referral bank sales reps are the lifeblood of your merchant services program. Their work will grow your portfolio and your bank's non-interest income. Here are 3 things to watch out for with referral bank rep compensation....
PCI Compliance. For many bankers, the words send a shiver of dread down their spines. For others, PCI Compliance is something they’ve only heard about in passing, but how important is it really? The confusion surrounding PCI Compliance is largely because traditional PCI Compliance programs...
Offering competitive rates and top-notch customer service is important, but those things won’t make a difference if your staff isn’t even mentioning merchant services. Here are some pointers on how to engage branch staff to help you build a successful merchant services program....
At BASYS, we meet with banks all over the country, so we’re familiar with the struggles of building a successful treasury department. To increase your revenue, it’s vital that your branch employees are discussing treasury products with new and existing customers. Here are six steps...
There’s no doubt that running your own business can be incredibly rewarding, both personally and financially. However, when you’re handling everything yourself, it can also be incredibly taxing. So, how can you make the most of your time while still growing your business? Here are...
As EMV chip cards become more and more prominent throughout the US, fraudsters are turning their attention to more vulnerable targets: online businesses. Here are our top tips to protect your business from card-not-present fraud:...
In today’s marketplace, you shouldn’t be asking if you can afford to accept credit cards, but if you can afford not to. If you want your business to be successful, now and in the future, accepting credit cards is more important than ever. ...
Can your business set a minimum amount on credit card purchases? What about a maximum amount? Legislation and industry regulations can make finding an answer to those questions complicated. Keep reading for our simplified guidelines on what you can, and can’t, do....
Business trends can be unpredictable. They’re susceptible to changes in technology, the economy, legislation, and more. Whether you’re maintaining a business or looking to start one, we want you to be successful. Here are our top 5 predictions for small businesses in 2019....
In 2017, Hedges & Company reported a 16% increase in online auto parts sales, putting e-commerce on track to outpace brick and mortar sales. And this trend isn’t just impacting certain transactions – e-commerce sales are up for both B2B and B2C markets. If you...
Merchant Services is a completely different animal from the rest of banking. How do you know if your program is living up to its earning potential?...