Merchant services

Bank of America and UK Fintech, Banked Ltd Expand Pay by Bank to Euro Currency Payments

Retrieved on: 
Monday, October 10, 2022
Risk management, API, Bank of America, New, Nidec-Shimpo America Corporation, Euromoney, NYSE, Product management, Bank, Treasury, Pay, Technology, BAC, Streamline, World, ATM, Small business, Merchant services, GTS, Saraswat Co-operative Bank Ltd, Payment, Digital, Open banking, Financial services, Online shopping, Cryptocurrency

LONDON, Oct. 10, 2022 /PRNewswire/ -- Bank of America's innovative online payment solution, Pay by Bank, is now available for euro currency payments. Delivered in conjunction with Banked Ltd., this development follows the UK launch of Pay by Bank in February this year and allows customers of e-commerce companies to pay directly from their bank account. This expansion illustrates how Bank of America is focused on delivering relevant C2B tools to help give its clients a competitive edge. 

Key Points: 
  • LONDON, Oct. 10, 2022 /PRNewswire/ -- Bank of America's innovative online payment solution, Pay by Bank, is now available for euro currency payments.
  • Delivered in conjunction with Banked Ltd., this development follows the UK launch of Pay by Bank in February this year and allows customers of e-commerce companies to pay directly from their bank account.
  • "We are pleased to expand Pay by Bank for euro currency payments and continue to offer consumers more choice with how payments can be made online."
  • Pay by Bank euro currency payments will initially be available in France, Germany and Spain and will continue in 2023 with the addition of new countries and currencies.

GK and Comdata Join Forces To Offer the Premier Point-of-Sale for Fuel and Convenience

Retrieved on: 
Thursday, September 29, 2022
Technology, Other Retail, Other Technology, Convenience Store, Software, Networks, Retail, Data Management, Online Retail, Merchant services, Fuel, FLEETCOR, Sale, Forecourt, Partnership, Industry, Commerce, Technology, Â, Solution, QSR, GK, POS, Warehouse, Online shopping, Comdata

Today, GK and Comdata, Inc. , a FLEETCOR company, announced a strategic partnership for Comdata to offer truck stops and convenience store retailers a single point-of-sale (POS) solution that empowers ongoing innovation.

Key Points: 
  • Today, GK and Comdata, Inc. , a FLEETCOR company, announced a strategic partnership for Comdata to offer truck stops and convenience store retailers a single point-of-sale (POS) solution that empowers ongoing innovation.
  • Comdata can now offer the GK omnichannel suite of solutions, enabling truck stops and convenience store retailers to improve the customer experience and drive operational efficiencies.
  • Working together, Comdata and GK have developed the industrys most advanced retail platform, simplifying the store environment and driving business innovation.
  • GK will showcase its suite of retail solutions, including omnichannel POS, Self-Checkout, Mobile POS, Self-Scan, QSR, Fuel and Comdata Fleet payments and more.

Payoneer Hires Assaf Ronen as Chief Platform Officer to Lead Newly-Established Platform Division

Retrieved on: 
Thursday, September 22, 2022
Internet, Payments, Finance, Banking, Professional Services, Technology, Fintech, Business, SoFi, Super Mario, Merchant services, Walmart, Engineering, Growth, Microsoft, GM High Value engine, Working capital, Forward-looking statement, Commerce, Digital, Technology, Terminology, SOFI, Annual report, Ecosystem, Airbnb, Platform, NASDAQ, SEC, 3D printing, Online shopping, Management, Risk management, Upwork, Payoneer, Google, Skype, Amazon

Payoneer (NASDAQ: PAYO), the commerce technology company powering payments and growth for the new global economy, today announced that Assaf Ronen has joined as the companys first Chief Platform Officer.

Key Points: 
  • Payoneer (NASDAQ: PAYO), the commerce technology company powering payments and growth for the new global economy, today announced that Assaf Ronen has joined as the companys first Chief Platform Officer.
  • Starting this week, he will lead Payoneers newly-established Platform division, which brings together Payoneers Technology, Product, and High Value Service units into one integrated team.
  • Ronen joins Payoneer from SoFi [NASDAQ: SOFI], where he was the Chief Product Officer, leading the product, technology, engineering, and design teams.
  • Payoneer has built a platform, brand, ecosystem of relationships and team that is second to none and that is rooted in customer-centricity, said Assaf Ronen, Chief Platform Officer at Payoneer.

Wish Appoints Joe Yan Interim CEO and Reiterates Third Quarter 2022 Adjusted EBITDA Guidance

Retrieved on: 
Thursday, September 8, 2022
Software, Internet, Technology, Apps, Applications, Electronic Commerce, Online Retail, Mobile, Wireless, Retail, Security (finance), CEO, Technology, Business International Corporation, EBITDA, TikTok, NASDAQ, YouTube, Strategic partnership, GGV Capital, Amazon China, Yan, Board, Greater China, Google China, SEC, U.S. Securities and Exchange Commission, Data science, Vipshop, Stripe, Merchant services, Instagram, Wish (platform), Company, News, Twitter, Alibaba Group, Marketing, Annual report, Compte rendu, Director, Private Securities Litigation Reform Act, Growth, Safe harbor, Management, Online shopping

Yan brings almost two decades of experience across ecommerce strategy and operation, product management, sales and marketing and business development.

Key Points: 
  • Yan brings almost two decades of experience across ecommerce strategy and operation, product management, sales and marketing and business development.
  • In addition to his role as interim CEO of Wish, Yan will retain his position as Operating Partner at GGV Capital.
  • As previously communicated during the Companys second quarter 2022 earnings call, Wish remains on track to achieving an adjusted EBITDA loss in the range of ($110) million to ($130) million during the three-month period ending September 30, 2022.
  • The Company will provide additional detail on its financials and operational progress when it reports its full third quarter 2022 results.

PayBright Ranks No. 849 on the 2022 Inc. 5000 Annual List

Retrieved on: 
Monday, August 29, 2022
CEO, Microsoft, Solution, Commonwealth Associates, Inc., Privately held company, LinkedIn, Chobani, POS, NEW, Merchant services, Database, Conference, Facebook, Knowledge, Inc. (magazine), COVID-19, Name, Optical disc image, Industry, Social media, Online shopping, Inc.

NEW YORK, Aug. 29, 2022 /PRNewswire-PRWeb/ -- Inc. revealed that PayBright is No. 849 on its annual Inc. 5000 list, the most prestigious ranking of the fastest-growing private companies in America. The list represents a one-of-a-kind look at the most successful companies within the economy's most dynamic segment—its independent businesses. Facebook, Chobani, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.

Key Points: 
  • 849 Among America's Fastest-Growing Private Companies
    NEW YORK, Aug. 29, 2022 /PRNewswire-PRWeb/ -- Inc. revealed that PayBright is No.
  • 849 on its annual Inc. 5000 list, the most prestigious ranking of the fastest-growing private companies in America.
  • Facebook, Chobani, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
  • "We've worked hard at PayBright, and we're pleased to be recognized by Inc.," explains Dustin Magaziner, CEO and founder of PayBright.

Elavon Merchant Services names new President for Europe

Retrieved on: 
Wednesday, August 17, 2022
Banking, Fintech, Professional Services, Finance, Multimedia, U.S. Bancorp, Boston Consulting Group, Industry, NYSE, Technology, Growth, Merchant services, Leadership, U.S. Bank Tower (Los Angeles), American Express, Small business, USB, Achievement, Financial Conduct Authority, Central Bank of Ireland, EEA, Central bank, Boston, Online shopping, Financial services, Narasimhan, Elavon, Visa

Elavon Merchant Services, one of Europes largest payments processors, has appointed Hemlata Narasimhan as its president in Europe.

Key Points: 
  • Elavon Merchant Services, one of Europes largest payments processors, has appointed Hemlata Narasimhan as its president in Europe.
  • View the full release here: https://www.businesswire.com/news/home/20220817005183/en/
    Hemlata Narasimhan, President of Elavon Merchant Services, Europe (Photo: Business Wire)
    Narasimhan joins at a time of explosive growth for e-commerce and digital payments, and as hospitality and travel sectors gain strength after the pandemic.
  • Elavon Financial Services DAC, trading as Elavon Merchant Services, is deemed authorised and regulated by the Financial Conduct Authority.
  • Elavon Financial Services DAC, trading as Elavon Merchant Services, is regulated by the Central Bank of Ireland.

SEGPAY EXPANDS OPERATIONS IN IRELAND

Retrieved on: 
Thursday, August 11, 2022
Merchant services, Solution, Compliance, CEO, Central bank, Central Bank of Ireland, Marketing, Online shopping, Brexit, EU

FT. LAUDERDALE, Fla., Aug. 11, 2022 /PRNewswire/ -- Segpay, a pioneer in digital payment processing, announced today that it expanded its Ireland office and doubled its number of staff members for the EU/EEA headquarters. The new office located in Ballsbridge, Dublin is where a number of tech giants are based. The EU/EEA headquarters was established in September 2020 and covers all Segpay payment and merchant services in the EU/EEA. Segpay still maintains licenses in the UK for UK based merchants.

Key Points: 
  • The EU/EEA headquarters was established in September 2020 and covers all Segpay payment and merchant services in the EU/EEA.
  • Segpay Ireland is growing, and additional staff members will join the company soon.
  • Segpay selected Ireland as its EU headquarters in 2016 after the initial Brexit vote.
  • The team manages all Segpay EU/EEA merchants allowing them to process through several EU acquirers and Segpay as a payment facilitator.

Shift4 Appoints Nancy Disman as Chief Financial Officer

Retrieved on: 
Thursday, August 4, 2022
Professional Services, Payments, Business, Technology, Other Professional Services, Electronic Commerce, Shift4 Payments, CFO, Board, Ernst, Merchant services, Commerce, NYSE, Devan v. Ernst & Young LLP, Multimedia, Industry, Technology, Pleasure, First Data, CEO, Leadership, Growth, Management, Fiserv, Intrado

Shift4 (NYSE: FOUR), a global leader in commerce technology, is pleased to announce the appointment of Nancy Disman to the position of Chief Financial Officer, effective August 5, 2022.

Key Points: 
  • Shift4 (NYSE: FOUR), a global leader in commerce technology, is pleased to announce the appointment of Nancy Disman to the position of Chief Financial Officer, effective August 5, 2022.
  • Ms. Disman joins Shift4s executive management team from Intrado, a global technology company, where she has served as the companys CFO and Chief Administrative Officer for the last five years.
  • Ms. Disman served as Chief Financial Officer and Chief Administrative Officer of TSYS Merchant Services division (previously TransFirst), Chief Financial Officer and Chief Operating Officer for Cynergy Data Corporation, and Chief Operations Officer and Chief Financial Officer of the Merchant Services Segment at First Data (now part of Fiserv).
  • We are thrilled that Nancy has joined Shift4 as Chief Financial Officer, said Jonathan Halkyard, board member and chair of the nominating and corporate governance committee of Shift4.

Splitit strengthens board with appointments of Dan Charron and Nandan Sheth while adding key hires to the executive team

Retrieved on: 
Monday, July 18, 2022
Allied Irish Banks, Carat, Ecosystem, Solution, CEO, JPMorgan Chase, ASX, Danforth, Chase Paymentech, Association, Independent, Merchant services, McCutcheon, Installment loan, SPT, OTCQX, Technology, Turnaround ADR, Australian Securities Exchange, Pulse, Bank, EVP, First Data, Discover, Cardinal, Travel, Face, Science and technology in Asia, Board, Visa, Industry, Company, Sale, API, Bank of America Merchant Services, American Express, Head, Fusion Global Business Solutions, Innovation, Management, Online shopping, Fiserv, Colt, Flotta, Operation

Splitit CEO Nandan Sheth, who joined the company in March 2022, will become managing director.

Key Points: 
  • Splitit CEO Nandan Sheth, who joined the company in March 2022, will become managing director.
  • The company also announces three senior hires to the executive team, including Chief Revenue Officer, Head of Product and Head of Operations.
  • Payments industry veteran Dan Charron joins the board as Independent Non-Executive Director, and CEO Nandan Sheth joins as the Managing Director.
  • "We are delighted to have Dan and Nandan join the Board," Splitit Chair Dawn Robertson said.

Leaf Home™ Welcomes Seasoned Tech Executive Stephanie Tilenius to Board

Retrieved on: 
Wednesday, July 13, 2022
Knowledge, Technology, Safety, Leaf, PayPal, Seagate Technology, Multimedia, Solution, Senior, EBay, Water purification, MyFitnessPal, View, CEO, Merchant services, Global Commerce Initiative, Akamai Technologies, Digital, Tradesy, Dell, Redbubble, Kleiner Perkins, Growth, Online shopping, Google, Tapestry

HUDSON, Ohio, July 13, 2022 /PRNewswire/ -- Leaf Home™, a leading technology-enabled direct-to-consumer provider of home solutions, has announced that Stephanie Tilenius has joined its board. As an entrepreneur, Tilenius brings her strategic insight and over 20 years of experience in the digital ecommerce space, where she has focused on building, growing, and scaling some of the largest tech companies in the world.

Key Points: 
  • "This is an exciting time for the company, and I'm honored to be a part of its board to continue driving growth through technology."
  • She also worked alongside Leaf Home's President and CEO, Jeff Housenbold, at eBay as Senior Vice President of eBay.com and global product.
  • "We understand how important it is to create a strong and diverse board at Leaf, and we're excited about what she will contribute."
  • Monique Bonner, executive advisor at Akamai and former global marketing executive at Dell, was added in September.