To meet increased demand for full commerce enablement solutions, NMI and IRIS CRM’s joint offerings better enable ISO, ISV, bank and fintech partners SCHAUMBURG, IL – JANUARY 18, 2022 – NMI, a leading full commerce enablement technology company, today announced it has acquired IRIS CRM, a premier merchant services CRM and comprehensive merchant management platform […]
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NMI Acquires IRIS CRM, Expanding Deeper in the Commerce Value-Chain
What do you think white-labeled merchant portals means to the payments industry? Is it just as safe to use an unlabeled portal? Not so Fast … The fact, that an independent sales organization (ISO) offers their customer (the merchant) a white-labeled portal, should be reassuring to the merchant from the get-go! White-labeled merchant portals are a […]
You’ve probably heard the saying “The rich get richer while the poor get poorer”. This is not necessarily unfair, as those getting richer are doing so by focusing on more than just active income. They are getting richer by using residual income to supplement that which they make actively. Now, to understand what residual income […]
Fintech gets a bad rap The disruption that fintech has caused in the market often gets a bad rap. Critics point to Amazon for disrupting everything from booksellers to the record industry. Uber is viciously targeted by Taxi-cab unions for disrupting their livelihoods. Fin Tech also gets its share of blame from disrupting the banking industry. However, the industry […]
Do you ever find yourself spending more time trying to figure out how to calculate your residual income than you do signing new merchant relationships? Before working with a new payment processor, discover their calculation and payment methods for your residual commissions. In addition, you should get information on how they provide your residual reporting detail to you. […]
Electronic Payments Breaking News PayPal has been quietly making all the right moves since its inception in 1998. First, as Confinity, “a company that developed security software for handheld devices.” Then, with a steady progression of fascinating but somewhat convoluted moves, PayPal evolved into the unique position it now holds in the payments industry. […]
Merchant Services CRM In merchant services CRM news, Walmart has developed its own mobile payment wallet called Walmart Pay. It is available on iOS and Android through the Walmart shopping app. Walmart Pay does not use NFC to work so there was no change in terminals needed to process payments. The app uses QR code scanning […]
The folks in Cleveland, Ohio will hardly have time to catch their breath after the 2016 Republican National Convention when the #MWAA2016 arrives on the scene–a mere four days later–bringing with it a feature-packed agenda to the Renaissance Cleveland Hotel, located right on Public Square in downtown Cleveland! From the afternoon of Tuesday the 26th of […]
Hypothetically speaking, it is early on a Monday morning, and a banker in Thailand just woke up with another headache. It was like having had his worst nightmare—but for real! The fintech digerati had gone from nibbling at his assets to eating them up in great bytes! What is Fintech? The term, fintech, a contraction for […]
One of the best ways to network and find new strategic alliances in your business is attending trade shows. IRIS CRM understands this and we are going to be attending the MWAA tradeshow at the end of July. We look forward to the time where we get to meet new contacts and continue networking with our previous customers. […]
Currently, London is a major hub of FinTech. It has secured $5.4 billion dollars alone, and dominates the scene. Through their central location, and access to the entirety of the European Union they are able to quickly spread their technology to the entirety of the area. It is this access to the EU that originally […]
New financial technology firms are threatening the traditional financial areas such as insurance, banking, and asset management by making new financial products that meet the needs of this fast changing world at a lower cost and with greater efficiency. PricewaterhouseCoopers released a report named “Financial services technology 2020 and beyond” (http://www.pwc.com/gx/en/industries/financial-services/publications/financial-services-technology-2020-and-beyond-embracing-disruption.html) According to the PricewaterhouseCoopers report, financial […]
One of the most important aspects of doing business to an ISO is residual income reporting. Without accurate payments, ISOs do not have the discretionary income to budget and plan their business well. As a result, they can not scale and grow efficiently. Residual Income reporting must be clear with limited surprises and tune ups. For all parties […]
ISOs are constantly trying to get a more granular understanding of their merchants. With more information, they are able to better manage their portfolios and initiate more compelling marketing campaigns. Together, these efforts lead to more sales and profits for the ISO. Getting the right info requires sophisticated residual income reporting systems. Fortunately, there are now new platforms that improve […]
A late 2015 study conducted by economic and financial analysis firm The Perryman Group found that electronic payments have added more than 23 million permanent jobs and an additional 12 percent to the gross domestic product (GDP). The Daily Caller reported the electronic payments breaking news, sharing that there are two reasons that electronic payments are contributing to […]
The breaking news about electronic payments are all over the board, ranging from data breaches to what’s going on with some of the biggest companies. Explore some of the stories going on now. Ashley Madison Experiences Major Data Breach Ashley Madison is an online dating website that promotes having an affair. They are still cleaning […]
Electronic Payments Breaking News: Worldpay security risks have been found with their electronic payment gateway set-up, as well as other trouble spots that have been outlined by security firms globally. Poor security seals on credit card details have been cited by a security researcher, and that’s just the tip of the iceberg. Watchers in the […]
STARTS IN [wpdevart_countdown text_for_day=”D” text_for_hour=”H” text_for_minut=”M” text_for_second=”S” countdown_end_type=”date” end_date=”15-04-2016 12:00″ start_time=”1460475704″ end_time=”0,1,1″ action_end_time=”hide” content_position=”center” top_ditance=”10″ bottom_distance=”10″ ][/wpdevart_countdown] IRIS CRM will be hosting a Twitter Chat in the form of an Ask Me Anything session with the President of IRIS CRM, Dimitri Akhrin. The Twitter hashtag #IRISCRMchat will be used on April 15th at 12:00PM ET / 9:00AM […]
In a world where people want everything to happen faster and easier, instant person-to-person (P2P) electronic payments are a much sought after option. Listening to their clients, seven major U.S. banks are launching a mobile P2P Instant Payment Option that is expected to compete with PayPal and Facebook. Normally a P2P transaction can take one to three days to complete. […]