Payments | Jotup

REPAY Reports First Quarter 2024 Financial Results

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torsdag, maj 9, 2024

Professional Services, Payments, Apps, Applications, Technology, Finance, Networks, Electronic Commerce, Public expenditure, Acquisition, Depreciation, GAAP, CFO, Adjustment, ID, Classification, Nature, Growth

REPAY will host a conference call to discuss first quarter 2024 financial results today, May 9, 2024 at 5:00 pm ET.

Key Points:

REPAY will host a conference call to discuss first quarter 2024 financial results today, May 9, 2024 at 5:00 pm ET.
Free Cash Flow is a non-GAAP financial measure that represents net cash flow provided by operating activities less total capital expenditures.
In addition, although other companies in REPAY’s industry may report measures titled as the same or similar measures, such non-GAAP financial measures may be calculated differently from how REPAY calculates its non-GAAP financial measures, which reduces their overall usefulness as comparative measures.
Because of these limitations, you should consider REPAY’s non-GAAP financial measures alongside other financial performance measures, including net income, net cash provided by operating activities and REPAY’s other financial results presented in accordance with GAAP.

Expensify Announces Q1 2024 Results

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torsdag, maj 9, 2024

Finally — and most exciting of all — we have made outstanding progress in developing New Expensify.

Key Points:

Finally — and most exciting of all — we have made outstanding progress in developing New Expensify.
But by this time next quarter, New Expensify and Expensify Travel are both expected to be producing new incremental revenue, as well as helping retain and expand existing customers for years to come.
Free Cash Flow Guidance: See Financial Outlook section for updated Free cash flow guidance for fiscal year ending December 31, 2024.
Expensify estimates Free cash flow of $11.0 million to $13.0 million for the fiscal year ending December 31, 2024.

Western Union Resumes Service Between the United States and Cuba

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torsdag, maj 9, 2024

Other Retail, Banking, Technology, Professional Services, Payments, Electronic Commerce, Digital Cash Management, Digital Assets, Hispanic, Retail, Consumer, Finance, USD, Holiday, Family, MLC, Bank

Western Union, in coordination with its processing partner Orbit S.A., today announced the resumption of its service from the United States to Cuba, effective immediately.

Key Points:

Western Union, in coordination with its processing partner Orbit S.A., today announced the resumption of its service from the United States to Cuba, effective immediately.
With service reinstated, Western Union customers are now once again able to send money from any U.S. retail location, WesternUnion.com or the Western mobile app to close family in Cuba with bank and debit card accounts at the following banks in Cuba: Banco Popular de Ahorro, Banco Metropolitano S.A. and Banco de Credito y Comercio (Bandec).
“We understand our service is a crucial connection between those living in the U.S. and their family living in Cuba,” said Rodrigo Garcia Estebarena, President, Western Union North America and Latin America.
United States customers can remit up to USD 2,000.00 per transaction by presenting valid government-issued identification.

Shift4 Announces First Quarter 2024 Results

Retrieved on:

torsdag, maj 9, 2024

Online Retail, Payments, Electronic Commerce, Retail, Technology, Letter, Commerce, Finance

Shift4 (NYSE: FOUR), the leader in integrated payments and commerce technology, has posted its first quarter 2024 financial results as part of its Q1 2024 Shareholder Letter, which can be viewed here or by navigating to the Financials section of its Investor Relations website at https://investors.shift4.com .

Key Points:

Shift4 (NYSE: FOUR), the leader in integrated payments and commerce technology, has posted its first quarter 2024 financial results as part of its Q1 2024 Shareholder Letter, which can be viewed here or by navigating to the Financials section of its Investor Relations website at https://investors.shift4.com .
Management will host a conference call today, May 9th, 2024, at 8:30 a.m.
ET to discuss the results.
Follow @Shift4 on X (formerly Twitter) for additional information on how to access the simulcast.

Ensign-Bickford Chooses Boomi to Reduce Costs While Improving Productivity, Work-Life Balance, and Customer Satisfaction

Retrieved on:

torsdag, maj 9, 2024

View the full release here: https://www.businesswire.com/news/home/20240509819688/en/

Key Points:

View the full release here: https://www.businesswire.com/news/home/20240509819688/en/
Ensign-Bickford Chooses Boomi to Reduce Costs While Improving Productivity, Work-Life Balance, and Customer Satisfaction (Photo: Business Wire)
Since its founding in 1836, EBI has gradually expanded the company’s market presence to include aerospace and defense, pet food, and agricultural science.
With the ultimate goals of reduced costs, greater productivity, improved work-life balance, and a better customer experience, EBI had several major projects in mind.
Since implementing the Boomi Enterprise Platform, EBI has achieved cost savings, enhanced productivity, improved work-life balance, and increased customer satisfaction.
Our solutions approach provided a solid foundation for integrations, and ultimately freed up employees for more valuable, business-critical work,” said Josh Rutberg, Chief Customer Success Officer at Boomi.

NCR Voyix Independent Chair James G. Kelly Becomes Executive Chair

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torsdag, maj 9, 2024

Technology, Payments, Other Retail, Other Technology, Electronic Commerce, Digital Cash Management, Digital Assets, Food, Beverage, Retail, Data Management, Independent, Executive, Management

NCR Voyix Corporation (NYSE: VYX) (“NCR Voyix” or the “Company”), a leading global provider of digital commerce solutions, said today that its Board of Directors has appointed James G. Kelly to the role of Executive Chair, effective immediately.

Key Points:

NCR Voyix Corporation (NYSE: VYX) (“NCR Voyix” or the “Company”), a leading global provider of digital commerce solutions, said today that its Board of Directors has appointed James G. Kelly to the role of Executive Chair, effective immediately.
Mr. Kelly previously served as Independent Chair.
The Executive Chair appointment of Mr. Kelly, who brings more than 25 years of executive public company leadership and operating experience, will allow management to tap into the Board of Directors’ deep expertise even further.
The current Board of Directors was constituted in October 2023 in connection with the spin-off when Mr. Kelly was named Independent Chair.

American Farmers & Ranchers Mutual Insurance Selects InvoiceCloud as its Dedicated Payments Provider

Retrieved on:

torsdag, maj 9, 2024

Payments, Security, Technology, Other Technology, Software, Digital Cash Management, Digital Assets, Multimedia, Organization, AFR, Insurance, Digital, Farmer, Policy

American Farmers & Ranchers Mutual Insurance (“AFR Insurance”) has selected InvoiceCloud , a leading solution for digital bill payment services, as its dedicated payments provider to enhance policyholder experience and reduce manual processes.

Key Points:

American Farmers & Ranchers Mutual Insurance (“AFR Insurance”) has selected InvoiceCloud , a leading solution for digital bill payment services, as its dedicated payments provider to enhance policyholder experience and reduce manual processes.
“InvoiceCloud gave us the modern digital payment experience our policyholders wanted and provided dedicated support to ease any concerns we had.
The best part is the rise in self-service payments has kept costs down as we’ve grown our base,” said Bernadette Autrey, Chief Financial Officer, American Farmers & Ranchers Mutual Insurance.
“We are proud to provide AFR Insurance the reliable, digital payment experience that today’s policyholders have come to expect,” said Kevin O’Brien, CEO of InvoiceCloud.

NCR Voyix Reports First Quarter Results

Retrieved on:

torsdag, maj 9, 2024

Banking, Software, Restaurant, Bar, Other Retail, Professional Services, Online Retail, Fintech, Payments, Electronic Commerce, Technology, Retail, Other Professional Services, Finance, Webcast, United, GAAP

These non-GAAP measures include “Adjusted EBITDA,” and others with the words “non-GAAP” in their titles.

Key Points:

These non-GAAP measures include “Adjusted EBITDA,” and others with the words “non-GAAP” in their titles.
These non-GAAP measures are listed, described and reconciled to their most directly comparable GAAP measures under the heading “Non-GAAP Financial Measures” later in this release.
NCR Voyix management will host a conference call and webcast today at 8:00 a.m. Eastern Time to discuss the Company’s results for the first quarter.
A replay of the audio webcast will be archived on the Company’s website following the live event.

AppDirect Acquires Marketplace Platform Builtfirst to Further Mission of Becoming the Premier Destination for Marketplace Solutions

Retrieved on:

torsdag, maj 9, 2024

AppDirect , the world’s leading B2B commerce platform, today announced it has acquired Builtfirst, a leader in self-service marketplace platform technology.

Key Points:

AppDirect , the world’s leading B2B commerce platform, today announced it has acquired Builtfirst, a leader in self-service marketplace platform technology.
Adding the Builtfirst platform into AppDirect’s suite of solutions further expands AppDirect’s ability to help companies of all sizes with their marketplace needs, becoming the single source destination for marketplaces.
As a subscription commerce platform, AppDirect will offer Builtfirst customers additional benefits and new functionality, like the ability to leverage components of AppDirect’s digital commerce platform.
We have extensive experience in helping mid-size organizations accomplish their marketplace goals,” said Aaron Bailey, co-founder and CEO of Builtfirst.

SRM Announces Partnership with Filene Research Institute to Support the Next Generation of Credit Union Member Growth

Retrieved on:

torsdag, maj 9, 2024

Technology, Payments, Finance, Fintech, Consulting, Millennials, Professional Services, Generation Z, Data Analytics, Consumer, COE, EVP, Partnership, Research, Gen, Center of excellence, Filene Research Institute, Risk management

SRM (Strategic Resource Management, Inc.) , a trusted advisory firm serving financial institutions globally, announced its partnership with Filene Research Institute to sponsor their newest Center of Excellence (CoE), “The Next Generation of Member Growth.” Through this partnership, SRM aligns itself with the most trusted name in credit union research.

Key Points:

SRM (Strategic Resource Management, Inc.) , a trusted advisory firm serving financial institutions globally, announced its partnership with Filene Research Institute to sponsor their newest Center of Excellence (CoE), “The Next Generation of Member Growth.” Through this partnership, SRM aligns itself with the most trusted name in credit union research.
This initiative will yield the sixth Center of Excellence supported by Filene Research Institute at universities across the U.S.
It will be driven by a combination of research fellows, executives from leading credit unions, and Filene staff, and will be operational by July of this year.
“Filene has continually informed the credit union industry on what matters for today and tomorrow, and SRM is thrilled to enter into this partnership at such a critical time,” noted Ben Mrva, CRO of SRM.