FreedomPay

FreedomPay Launches EFTPOS Least Cost Routing on PCI P2PE Integrated Payments Platform in Australia

Retrieved on: 
Tuesday, January 23, 2024
FreedomPay, EFTPOS, EPOS, PCI DSS, P2PE, ECR, PCI, Certification, Online shopping

Sydney, Australia, Jan. 23, 2024 (GLOBE NEWSWIRE) -- FreedomPay , a leading global provider of integrated commerce solutions, announces the successful certification and official launch of EFTPOS Least Cost Routing on its market-leading PCI P2PE integrated payments platform in Australia.

Key Points: 
  • Sydney, Australia, Jan. 23, 2024 (GLOBE NEWSWIRE) -- FreedomPay , a leading global provider of integrated commerce solutions, announces the successful certification and official launch of EFTPOS Least Cost Routing on its market-leading PCI P2PE integrated payments platform in Australia.
  • With the announcement of EFTPOS Least Cost Routing, FreedomPay extends its commitment to deliver innovative payment solutions with its integration of over 1000 Electronic Cash Register (ECR) and point-of-service (EPOS) applications.
  • "We are thrilled to announce the successful deployment of EFTPOS Least Cost Routing on our PCI P2PE integrated payments platform in Australia," said Tony Hammond, SVP, Global Product Delivery at FreedomPay.
  • The integration of EFTPOS Least Cost Routing aligns with FreedomPay's commitment to providing comprehensive solutions that address the evolving needs of the payments landscape.

George Economou Nominates Two Candidates for Genco Board

Retrieved on: 
Wednesday, January 10, 2024
Maritime, Transport, Logistics, Supply Chain Management, Other Transport, Online, Pons, Stanford University, University, Rowan University, Audit committee, Harvard Kennedy School, School, Innovate Corp., Maryport, GNK, TDW, Partner, WHEN, International, Common stock, INSW, Common, Annual general meeting, Security (finance), FreedomPay, Proxy, Capital market, GK, WILL, George Washington University, Compensated emancipation, DHT, Management

GK Investor LLC (“GK”), an affiliate of George Economou that is an approximately 5.4% shareholder of Genco Shipping & Trading Limited (“Genco” or the “Company”) (NYSE: GNK), today announced that it has nominated two candidates for election to the Genco Board of Directors (the “Board”) at the 2024 Annual Meeting of Genco’s Shareholders (the “Annual Meeting”).

Key Points: 
  • GK Investor LLC (“GK”), an affiliate of George Economou that is an approximately 5.4% shareholder of Genco Shipping & Trading Limited (“Genco” or the “Company”) (NYSE: GNK), today announced that it has nominated two candidates for election to the Genco Board of Directors (the “Board”) at the 2024 Annual Meeting of Genco’s Shareholders (the “Annual Meeting”).
  • If elected to the Genco Board, Ms. Day would bring substantial maritime industry, governance and financial expertise drawn from decades of senior executive and oversight experience.
  • If elected to the Genco Board, Mr. Pons would bring significant operational know-how, technology and corporate governance experience based on his numerous executive leadership roles and public company directorships.
  • George Economou stated, “As a significant Genco shareholder, I strongly believe in the Company’s potential to deliver improved value for shareholders.

FREEDOMPAY AND CITI RETAIL SERVICES JOIN FORCES TO EMPOWER CONSUMERS WITH CHOICE AT THE POINT-OF-SALE WITH CITI PAY

Retrieved on: 
Thursday, December 7, 2023
Installment loan, Sale, Credit, FreedomPay, Next Level, Commerce, Citigroup, Online shopping

This collaboration provides consumers with flexibility in selecting their preferred lending solutions at the point-of-sale, further enhancing their shopping experience.

Key Points: 
  • This collaboration provides consumers with flexibility in selecting their preferred lending solutions at the point-of-sale, further enhancing their shopping experience.
  • “We are excited to work with Citi Retail Services to offer Citi Pay products, giving consumers the ability to make personalized choices when it comes to their lending solutions,” said Chris Kronenthal, President at FreedomPay.
  • By joining forces with FreedomPay, Citi Retail Services aims to expand the reach of its Citi Pay products and provide convenient digital payment products to a new cohort of merchants and customers.
  • “Our collaboration with FreedomPay enables us to seamlessly integrate Citi Pay® Credit and Citi Pay® Installment Loan into merchants’ checkout experiences, making it easier for merchants of any size or scale to bring new payment options and more choice to their customers,” said Terry O’Neil, Head of Connected Commerce and Strategic Growth for Citi Retail Services.

Worldpay from FIS Helps British Brand HMV Expand and Innovate with New, Enhanced Omni-Channel Solution

Retrieved on: 
Wednesday, December 20, 2023
Fintech, Professional Services, Business, Finance, POS, Music, HMV, Partnership, Habit, Research, FreedomPay, Millennials, Point, E-commerce, Omnichannel, FIS, Online shopping

Worldpay from FIS , the merchant solutions business of global financial technology leader FIS ® (NYSE: FIS), is expanding its relationship with music and entertainment retailer HMV to support the iconic British entertainment retailer with its European expansion through an enhanced omni-channel strategy.

Key Points: 
  • Worldpay from FIS , the merchant solutions business of global financial technology leader FIS ® (NYSE: FIS), is expanding its relationship with music and entertainment retailer HMV to support the iconic British entertainment retailer with its European expansion through an enhanced omni-channel strategy.
  • Worldpay Omnichannel will give HMV greater flexibility and choice when it comes to improving their omni-channel strategy, across 34 geographic markets.
  • Developed in partnership with FreedomPay, the solution brings together Worldpay’s leading Global eCommerce capabilities with FreedomPay’s commerce platform.
  • The solution covers many of consumer’s preferred payment methods and enables merchants to deliver a more consistent omnichannel experience across the retail landscape.

FreedomPay Announces Partnership with Worldpay from FIS to Provide Best in Class Integrated Payments for Enterprise Merchants

Retrieved on: 
Wednesday, September 20, 2023
Hospitality, Advertising, Partnership, FIS, Sale, Next Level, FreedomPay, Worldpay, Online shopping

PHILADELPHIA, Sept. 20, 2023 (GLOBE NEWSWIRE) -- FreedomPay , an innovative leader in Next Level Commerce™ technologies has today announced an expansion to their partnership with Worldpay from FIS, the largest global merchant acquirer, to provide integrated payments and omni-channel technology for Retail and Hospitality and other enterprises.

Key Points: 
  • PHILADELPHIA, Sept. 20, 2023 (GLOBE NEWSWIRE) -- FreedomPay , an innovative leader in Next Level Commerce™ technologies has today announced an expansion to their partnership with Worldpay from FIS, the largest global merchant acquirer, to provide integrated payments and omni-channel technology for Retail and Hospitality and other enterprises.
  • FreedomPay offer enhanced flexibility and optionality for Retail and Hospitality and other enterprises operating across borders and across point-of-sale providers.
  • “Together Worldpay and FreedomPay are transforming payments across the globe, bringing more functionality and innovation to enterprise businesses and their customers,” said Chris Kronenthal, President at FreedomPay.
  • “By connecting FreedomPay and Worldpay’s technologies, merchants can expect a seamless and uniform experience.”
    The FreedomPay Commerce Platform supports merchants and enterprises worldwide merging security, identity, payments, loyalty, and advertising with proprietary data driven solutions while offering world-class service with 24/7 365 premium support.

UK Digital Wallet Transactions Set to Surge Ahead of All Other Payment Methods

Retrieved on: 
Thursday, September 14, 2023
Economics, Growth, Ageing, FreedomPay, BNPL, Research, Risk, Cryptocurrency, Online shopping

By 2033, the share of digital wallet payments will likely more than double to 39.7% to £210bn.

Key Points: 
  • By 2033, the share of digital wallet payments will likely more than double to 39.7% to £210bn.
  • In the next five years, the value of digital wallet use is set to surge by 76.3% – well ahead of other payment methods including transactions through loyalty points and Buy Now Pay Later (BNPL) services, while more traditional payment methods of cash and card are predicted to decline.
  • Two-thirds (66.4%) of affluent under 35s have used a digital wallet in a physical environment in the last 12 months.
  • Fundamental to this is building trust in digital wallets and bridging knowledge gaps to avoid leaving vulnerable customers behind.”

FreedomPay Announces Strategic Partnership with PAX Technology, Inc. for Enhanced Global Commerce Solutions

Retrieved on: 
Thursday, September 14, 2023
Partnership, PAX Technology, PAX, Android, Sale, Next Level, FreedomPay, Commerce, Ecosystem, Online shopping

This partnership reinforces FreedomPay’s commitment to fostering an open and accessible ecosystem for its merchants and industry partners.

Key Points: 
  • This partnership reinforces FreedomPay’s commitment to fostering an open and accessible ecosystem for its merchants and industry partners.
  • “FreedomPay is dedicated to delivering an unparalleled consumer experience by prioritizing speed, security and personalization,” said Chris Kronenthal, President of FreedomPay.
  • “By teaming up with PAX Technology, merchants worldwide can now offer merchants and consumers a Next Level commerce experience.”
    The partnership signals a new era of commerce excellence for merchants and consumers globally.
  • “This collaboration with FreedomPay combines cutting-edge commerce technology with industry-leading payment acceptance hardware solutions, driving global commerce by facilitating secure transactions for both consumers and businesses,” said Andy Chau, PAX Technology, Inc. President & CEO.

UK Digital Wallet Transactions Set to Surge Ahead of All Other Payment Methods

Retrieved on: 
Thursday, September 14, 2023
Economics, Growth, Ageing, FreedomPay, BNPL, Research, Risk, Cryptocurrency, Online shopping

LONDON, Sept. 14, 2023 (GLOBE NEWSWIRE) -- New research by FreedomPay and Retail Economics shows that the UK is on the brink of a digital payments transformation, with digital wallet purchases set to surpass card transactions within ten years.

Key Points: 
  • LONDON, Sept. 14, 2023 (GLOBE NEWSWIRE) -- New research by FreedomPay and Retail Economics shows that the UK is on the brink of a digital payments transformation, with digital wallet purchases set to surpass card transactions within ten years.
  • By 2033, the share of digital wallet payments will likely more than double to 39.7% to £210bn.
  • In the next five years, the value of digital wallet use is set to surge by 76.3% – well ahead of other payment methods including transactions through loyalty points and Buy Now Pay Later (BNPL) services, while more traditional payment methods of cash and card are predicted to decline.
  • Two-thirds (66.4%) of affluent under 35s have used a digital wallet in a physical environment in the last 12 months.

FreedomPay Announces Strategic Partnership with PAX Technology, Inc. for Enhanced Global Commerce Solutions

Retrieved on: 
Thursday, September 14, 2023
Next Level, Sale, Ecosystem, Partnership, Android, PAX Technology, PAX, Commerce, Online shopping, FreedomPay

FreedomPay , the preferred commerce technology platform for global industries including hospitality, lodging, retail and more, today announces its collaboration with PAX Technology, Inc. , one of the largest electronic payment solution providers in the world.

Key Points: 
  • FreedomPay , the preferred commerce technology platform for global industries including hospitality, lodging, retail and more, today announces its collaboration with PAX Technology, Inc. , one of the largest electronic payment solution providers in the world.
  • “FreedomPay is dedicated to delivering an unparalleled consumer experience by prioritizing speed, security and personalization,” said Chris Kronenthal, President of FreedomPay.
  • “By teaming up with PAX Technology, merchants worldwide can now offer merchants and consumers a Next Level commerce experience.”
    The partnership signals a new era of commerce excellence for merchants and consumers globally.
  • “This collaboration with FreedomPay combines cutting-edge commerce technology with industry-leading payment acceptance hardware solutions, driving global commerce by facilitating secure transactions for both consumers and businesses,” said Andy Chau, PAX Technology, Inc. President & CEO.

Trustwave Releases New SpiderLabs Research Focused on Actionable Cybersecurity Intelligence for the Hospitality Industry

Retrieved on: 
Thursday, September 7, 2023
Data Management, Lodging, Technology, Travel, Security, Other Technology, Telecommunications, Software, Networks, Mobile, Wireless, Other Travel, Workforce, Hospitality, Wi-Fi, POS, Policy, Research, Sale, Risk Evaluation and Mitigation Strategies, Organization, HVAC, FreedomPay, MOVEit, Restaurant, Risk, Generative, Artificial intelligence, Coffee, Thumb, HTML, Cornell University, Risk management, Online shopping, Mobile phone, Trustwave Holdings

Trustwave , a leading cybersecurity and managed security services provider, today released comprehensive research shedding light on the distinctive cybersecurity risks encountered by the hospitality industry.

Key Points: 
  • Trustwave , a leading cybersecurity and managed security services provider, today released comprehensive research shedding light on the distinctive cybersecurity risks encountered by the hospitality industry.
  • In its new research, Trustwave SpiderLabs has documented the attack flow utilized by threat groups, exposing their tactics, techniques, and procedures.
  • From brute forcing to exploiting known vulnerabilities to attacking exposed open ports, these persistent threats pose significant risks to the hospitality industry.
  • Franchise Model: The franchise framework leads to disparities in policy consistency and implementation across the industry, including cybersecurity measures.