Banking Innovation Payment Features Stax 
Stax
FEBRUARY 26, 2024
That’s why businesses are constantly seeking innovative ways to streamline operations and enhance customer experiences. We can see this trend in action in the realm of payment processing with the advent of recurring payments, also known as automatic payments. Learn More What are Recurring Billing and Payments?
Stax
JANUARY 29, 2024
As industry leaders in billing software, our mission is to help our customers work more efficiently, recover more revenue, and effortlessly collect invoices. TL;DR A billing platform is a comprehensive system facilitating subscription management, recurring billing, revenue recognition, payment gateways, analytics, and dunning processes.
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Stax
MARCH 6, 2024
As the business landscape continues its unstoppable evolution, the necessity for operational efficiency and innovation becomes even more pronounced. Consider this: Consumers are already conditioned to the subscription model. Almost everyone — 98% of consumers —has a streaming service subscription.
Stax
MARCH 14, 2024
An invoice would be sent, and it would need to be paid within an agreed timeframe. But the nature of such services could mean that monthly invoices are always different and plan terms are regularly changed. This business would have more intricate invoicing needs than the office space provider. Thus, it’s more secure.
Stax
JANUARY 24, 2024
TL;DR Intuit has announced the discontinuation of QuickBooks Desktop 2021 by May 31, 2024, and will stop selling certain subscriptions of QuickBooks Desktop after July 31, 2024. Intuit also announced plans to stop selling several QuickBooks Desktop subscriptions to new U.S. subscribers after July 31, 2024.
Stax
DECEMBER 4, 2023
In this article, we’ll discuss everything you need to know about ensuring AML compliance as a payment facilitator (or PayFac). The Bank Secrecy Act (BSA) establishes AML program requirements for financial institutions in the US while the USA Patriot Act lays down which entities are required to comply. Let’s get started.
Stax
NOVEMBER 6, 2023
As businesses increasingly go online, software vendors looking to offer integrated payment processing must consider incorporating payment tokenization as one of their data security features. The good news is that with a solution like Stax Connect, this need not be difficult or complicated.
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