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Services and APIs Turning Interchange Pressure Into Merchant Growth

  • Payment processing is crucial for banks and FinTechs in winning customer loyalty amidst high competition.
  • North, formerly North American Bancard, has rebranded to offer specific capabilities for new and emerging markets.
  • North's simplified banner represents a single technology stack catering to startups and large enterprises.
  • The company bundles operational software around its gateway to protect margins amidst pricing scrutiny.
  • Merchants can control their payment options with transparency in North's Payments Hub.
  • Developers receive a concierge treatment with easy integration options and AI models for fraud prevention.
  • North aims to provide value-added services beyond processing, competing with software-led acquirers and banks.
  • The company's evolution from ISO to a platform with flexible services aims to meet the demands of specialized payment verticals.
  • North's rebrand signals its intent to expand services and cater to a wider range of distribution channels.

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