Payment processor Phoenix It says it has launched a new integration with Visa Cyber source Acceptance solution.
integration, Announce Thursday (May 28) is designed to allow merchants to integrate the Cybersource portal and plugin ecosystem with the Finix Payments Platform for processing, settlements, reconciliation, reporting and payments.
“Companies sometimes stay with older processors because replacing the entire pay stack seems too troublesome,” Finix Co-Founder and CEO Richie Serna He said in a press release. “Our partnership with Cybersource enables merchants to maintain the portal setup they know while opening new ways to grow, and modernizing what’s behind the scenes.”
According to the statement, the integration is geared toward merchants who want to maintain new and existing Cybersource configurations while upgrading their payments infrastructure. Connecting Cybersource’s acceptance capabilities to the Finix platform gives merchants the flexibility to scale, visibility into every transaction, and the ability to manage all online, in-person, and cross-channel activity through a single platform, the companies say.
“Merchants joining Finix configure Cybersource during setup, and can start accepting payments through their preferred plugins or partner tools right away,” the statement added. “Finix then manages all processing, settlements, payments and reconciliation, with detailed transaction-level insights available in the Finix dashboard.”
Last fall, PYMNTS spoke with Emmanuel Pletiz, chief financial officer at Finix, about the question of how much autonomy artificial intelligence (AI) should have in financial operations. The answer so far is limited, he said, as most teams are concerned about error rates and are putting AI in the role of assistant rather than its own. factor.
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“We live and die by these dollars and cents, and we can make no mistake about it,” said Blitz, who was interviewed for the PYMNTS B2B Payments 2025 event series.B2B.AI: Smart Money Traffic Architecture“.
He added that human judgment, at least for now, is the ultimate control system. Finix’s investments in AI focus primarily on semi-automated solutions, such as custom GPTs trained on internal documents that can speed up knowledge retrieval but stop short of making financial decisions.
But even though Caution in the short termPlatez’s long-term vision is optimistic, a future in which the end of the month closes by itself.
“If I can create agent The way we do that, where we can know that on the first of the month, the month-end closing process is already underway… and within a few days we close the books, great. enormous. “I want it to happen,” he said.
