Payments

Esker 2023 Annual Results

Retrieved on: 
Wednesday, March 27, 2024

Esker 2023 sales revenue amounted to 178.6 million euros, a 12% increase over 2022 (14% based on constant exchange rates).

Key Points: 
  • Esker 2023 sales revenue amounted to 178.6 million euros, a 12% increase over 2022 (14% based on constant exchange rates).
  • The annual recurring value (ARR) of new contracts signed during 2023 increased by 23% based on constant exchange rates compared to 2022.
  • As announced at publication of the Q3 2023 sales results, the increase in sales costs linked to the acceleration in bookings impacts 2023 operating income for 3.5 million euros, or 1.9% of sales.
  • As anticipated at the time of the half-year and Q3 2023 results, Esker’s operating profitability for 2023 fell by 3.5 points to 10% of sales revenue.

Usio Announces Record Full Year 2023 Revenues

Retrieved on: 
Wednesday, March 27, 2024

Usio, Inc: (Nasdaq: USIO), a leading FinTech company that operates a full stack of integrated, cloud-based electronic payment and embedded financial solutions, today announced financial results for the fourth quarter and year 2023, which ended December 31, 2023.

Key Points: 
  • Usio, Inc: (Nasdaq: USIO), a leading FinTech company that operates a full stack of integrated, cloud-based electronic payment and embedded financial solutions, today announced financial results for the fourth quarter and year 2023, which ended December 31, 2023.
  • Louis Hoch, Chairman and Chief Executive Officer of Usio, said, “For the seventh consecutive year, Usio achieved record revenues, with full year 2023 revenues of $82.6 million, up 19%.
  • Both of these results met the fiscal 2023 Guidance established at the outset of 2023, illustrating our focus throughout the year on delivering on our commitments to our shareholders.
  • Revenues were $19.4 million for the fourth quarter, up 4% compared to $18.7 million in the same period last year.

Tampa Bay Fintech Company Chargebacks911 Looks to Hire Following USA Today’s Top Workplaces USA Award

Retrieved on: 
Wednesday, March 27, 2024

The Top Workplaces USA award honors esteemed companies on a national scale, championing their commitment to fostering collaborative workplaces that enhance employee experiences.

Key Points: 
  • The Top Workplaces USA award honors esteemed companies on a national scale, championing their commitment to fostering collaborative workplaces that enhance employee experiences.
  • In addition to receiving a Top Workplaces USA Award, Chargebacks911 was also named a Tampa Bay Top 100 Workplace by the Tampa Bay Times, which based its results on the same Energage survey.
  • “Earning a Top Workplaces award is a badge of honor for companies, especially because it comes authentically from their employees,” said Eric Rubino, Energage CEO.
  • For more information on Chargebacks911, their award-winning company culture and available positions, visit www.chargebacks911.com .

Alipay+ Connects 2 Million Merchants in Japan as Global Tourists Travel to the Country for Cherry Blossom Season

Retrieved on: 
Thursday, March 28, 2024

Powered by Alipay+, transaction volume made by e-wallets and bank apps in Japan jumped over 200% in the first three weeks of March, compared with the same period in 2023.

Key Points: 
  • Powered by Alipay+, transaction volume made by e-wallets and bank apps in Japan jumped over 200% in the first three weeks of March, compared with the same period in 2023.
  • “By working with these partners, Alipay+ provides global tourists with a seamless digital payment experience that is the same as in their own markets.
  • PayPay, a leading cashless payment service and partner of Alipay+ in Japan, supports the merchants, facilitating seamless transactions for both locals and tourists alike.
  • Our partnership with Alipay+ has seen transactions surge sixfold this year, specifically in Japan, a true testament to our dedication to innovative payment solutions.

Visa’s Growing Services Business Infused with New AI-Powered Products

Retrieved on: 
Wednesday, March 27, 2024

Today, Visa (NYSE:V), a leader in digital payments, announced continued expansion of its global value-added services business with the addition of three new AI-powered risk and fraud prevention solutions.

Key Points: 
  • Today, Visa (NYSE:V), a leader in digital payments, announced continued expansion of its global value-added services business with the addition of three new AI-powered risk and fraud prevention solutions.
  • The new products, part of the end-to-end Visa Protect suite, are designed to reduce fraud across immediate account-to-account and card not present (CNP) payments, as well as transactions both on and off Visa’s network.
  • Visa Protect is part of a broad suite of Visa value-added services that have grown to nearly 200 products, spanning five high-demand categories: Acceptance, Advisory, Issuing, Open Banking, and Risk and Identity.
  • Last year, Visa helped block $40 billion in fraudulent activity, nearly double from the year prior2.

Corpay Cross-Border Appoints Oliver Morris as new Head of Institutional Fund Services, EMEA

Retrieved on: 
Wednesday, March 27, 2024

Corpay1 (NYSE: CPAY), a global leader in corporate payments, is pleased to announce that Corpay’s Cross-Border business has appointed private equity and fund administration industry veteran Oliver (Oli) Morris as their new Head of Institutional Fund Services, EMEA.

Key Points: 
  • Corpay1 (NYSE: CPAY), a global leader in corporate payments, is pleased to announce that Corpay’s Cross-Border business has appointed private equity and fund administration industry veteran Oliver (Oli) Morris as their new Head of Institutional Fund Services, EMEA.
  • With over 18 years’ experience, Oli is a dynamic, well-regarded and experienced leader within the private equity and fund administration sectors across EMEA.
  • Oli joins Corpay from TDR Capital, an upper mid-market Private Equity firm with over €15B in total fund assets under management, where he held the role as Head of Fund Operations.
  • With Oli heading up this business line for us, I am confident that Corpay will attract some of the top talent and customers from across the region.”
    “I am very excited to be joining the Corpay team at this major milestone to continue the expansion into the institutional and funds sector,” said Oliver Morris, Head of Institutional Fund Services, EMEA, Corpay Cross-Border.

New justfly.com Survey Offers a Glimpse into How Americans are Using Social Media Platforms to Plan, Book, and Experience Travel

Retrieved on: 
Wednesday, March 27, 2024

A new survey reveals that social media platforms are playing a role in influencing Americans’ decision making and buying preferences about where we travel.

Key Points: 
  • A new survey reveals that social media platforms are playing a role in influencing Americans’ decision making and buying preferences about where we travel.
  • The national survey of 2000 Americans commissioned by justfly.com™, a leading online travel agency, sought insight into the state of U.S. travel, specifically how travelers perceive and value social media platforms.
  • Social media will continue to have a huge impact in determining how consumers determine when and where they will travel.
  • For younger generations, specifically Gen Z and Millennials, social media is a key element in their travel decision making process.

With Appointment of Roger Alexander as Advisor, Chargebacks911 Well Placed to Tackle APP Fraud

Retrieved on: 
Wednesday, March 27, 2024

Chargebacks911 , the leading chargeback technology platform, announced Wednesday the appointment of leading payments industry professional Roger Alexander as Advisor to the Board and CEO.

Key Points: 
  • Chargebacks911 , the leading chargeback technology platform, announced Wednesday the appointment of leading payments industry professional Roger Alexander as Advisor to the Board and CEO.
  • As the government looks to address APP fraud and other digital scam tactics, collaboration and innovation from service providers within the payments industry—including Chargebacks911—is desperately needed.
  • With over 36 years of payments experience, Alexander is poised to address the pressing challenges and opportunities facing the industry today.
  • "Fraud remains a constant challenge for organisations worldwide, but it also presents opportunities for innovative solutions," Alexander explained.

BlueSnap Global Payments Achieves ‘Built for NetSuite’ Status

Retrieved on: 
Wednesday, March 27, 2024

BlueSnap , a global payment orchestration platform, today announced that its BlueSnap Global Payments for NetSuite SuitePayments SuiteApp has achieved the ‘Built for NetSuite’ status.

Key Points: 
  • BlueSnap , a global payment orchestration platform, today announced that its BlueSnap Global Payments for NetSuite SuitePayments SuiteApp has achieved the ‘Built for NetSuite’ status.
  • “As more businesses grow their global footprint, there is increased need for payment features that can support both global and domestic markets,” said Manny Pansa, Senior Vice President, Product and Solutions Engineering, BlueSnap.
  • The Built for NetSuite program is designed to give NetSuite customers additional confidence that SuiteApps, like BlueSnap Global Payments for NetSuite SuitePayments have been built to meet these standards.
  • For more information about BlueSnap Global Payments for NetSuite, please visit www.suiteapp.com .

Paycom Wins 2024 Gallup Exceptional Workplace Award

Retrieved on: 
Wednesday, March 27, 2024

Paycom Software, Inc. (NYSE: PAYC) , a leading provider of comprehensive, cloud-based human capital management software, has earned the Gallup Exceptional Workplace Award (GEWA) for the second consecutive year.

Key Points: 
  • Paycom Software, Inc. (NYSE: PAYC) , a leading provider of comprehensive, cloud-based human capital management software, has earned the Gallup Exceptional Workplace Award (GEWA) for the second consecutive year.
  • Paycom is one of just 60 organizations globally to receive the award, given only to organizations that meet rigorous standards of excellence.
  • A panel of Gallup workplace scientists evaluates applicants and assesses them against criteria established by the most exhaustive workplace study ever conducted .
  • Thank you for setting a new global standard in what it means to be a thriving workplace.”