SEPA

Hamburg Commercial Bank Transfers its SEPA Processing to Broadridge's BPO Payments Service

Retrieved on: 
Wednesday, September 21, 2022

NEW YORK, LONDON, FRANKFURT and HAMBURG, Germany, Sept. 21, 2022 /PRNewswire/ -- Hamburg Commercial Bank (HCOB) has successfully completed the transformation of its SEPA (Single Euro Payments Area) payments business to a cloud-based, next-generation platform run by leading global Fintech provider Broadridge Financial Solutions, Inc. (NYSE:BR). The transition was made to Broadridge's Payments as a Service and BPO operation that uses PPI AG's advanced payments technology. This latest move follows the earlier transition of HCOB's high-value TARGET and international SWIFT payments that migrated to the Broadridge service in July 2021.

Key Points: 
  • The transition was made to Broadridge's Payments as a Service and BPO operation that uses PPI AG's advanced payments technology.
  • This latest move follows the earlier transition of HCOB's high-value TARGET and international SWIFT payments that migrated to the Broadridge service in July 2021.
  • "With the successful and timely completion of this second and final phase of our payments migration to Broadridge's SWIFT and SEPA platform, this important milestone of our transformation has now also been accomplished," said Stefan Ermisch, CEO of Hamburg Commercial Bank.
  • Hamburg Commercial Bank AG (HCOB) is a private commercial bank headquartered in Hamburg.

Registered Apprenticeships set to Further Strengthen Economy in Southeast Pennsylvania

Retrieved on: 
Tuesday, September 6, 2022

PHILADELPHIA, Sept. 6, 2022 /PRNewswire/ -- Recently, the U.S. Department of Labor's Employment and Training Administration (USDOL ETA) awarded Philadelphia Works (PhilaWorks), Inc. $4.7 million to expand Registered Apprenticeships and Pre-apprenticeships across Southeastern Pennsylvania (SEPA). The Apprenticeship Building America (ABA) grant will support new partnerships with community colleges, workforce boards, businesses, industry associations, community-based organizations, and employer groups to increase access to registered apprenticeship opportunities in high-demand industries like healthcare, education, IT, and manufacturing.

Key Points: 
  • Registered Apprenticeships have grown and expanded quickly in Pennsylvania.
  • There is a true culture of collaboration and convening driving that expansion across the Commonwealth.
  • APHL also serves as a convenor, connector, and partner for businesses, community-based organizations, regional workforce boards, and other groups focused on building Apprenticeships.
  • Philadelphia Works invests in solutions and services to grow Philadelphia's economy by connecting employers to workforce talent and career seekers to jobs.

Spreedly and PPRO Partner to Offer Access to Extensive Local Payment Methods Portfolio

Retrieved on: 
Tuesday, August 30, 2022

DURHAM, N.C. and LONDON, Aug. 30, 2022 /PRNewswire/ -- Spreedly, the provider of the leading Payment Orchestration platform, and PPRO, the leading provider of digital payments infrastructure, announced today a partnership to offer a diverse portfolio of alternative / local payment methods (APM / LPMs) through the Spreedly platform.

Key Points: 
  • Spreedly and PPRO have partnered to offer joint customers the ability to easily access a catalog of LPM offerings via one connection to Spreedly's Payments Orchestration platform.
  • Just as no single gateway is perfect for all payments needs, offering the right mix of local payment methods is important, and now merchants have a single provider option in Spreedly for local payment methods.
  • PPRO has long been fostering the payments ecosystem by offering one access point to multiple payment methods.
  • "A core focus for PPRO as a digital payments infrastructure provider is to offer the market the most extensive range of digital payment methods available in the payments ecosystem.

Orbital Infrastructure Group, Inc. Announces $50 Million Equity Purchase Agreement

Retrieved on: 
Friday, August 19, 2022

HOUSTON, Aug. 19, 2022 /PRNewswire/ -- Orbital Infrastructure Group, Inc. (NASDAQ: OIG) ("Orbital") today announced a standby equity purchase agreement (SEPA) with Yorkville Advisors Global LP ("Yorkville") that will allow the company to sell up to $50 million of shares of common stock over the next 18 months.

Key Points: 
  • HOUSTON, Aug. 19, 2022 /PRNewswire/ -- Orbital Infrastructure Group, Inc. (NASDAQ: OIG) ("Orbital") today announced a standby equity purchase agreement (SEPA) with Yorkville Advisors Global LP ("Yorkville") that will allow the company to sell up to $50 million of shares of common stock over the next 18 months.
  • "This SEPA will give us the right, but not the obligation to sell up to $50 million of shares of common stock at our request, subject to the terms and limitations set forth in the agreement."
  • Orbital Infrastructure Group, Inc. (NASDAQ: OIG) is a diversified infrastructure services platform, providing engineering, design, construction, and maintenance services to customers in three operating segments; electric power, telecommunications, and renewables.
  • Orbital undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise.

Wirex Introduces SEPA Instant and Faster Payments as Top-Up Methods

Retrieved on: 
Thursday, August 18, 2022

The addition of SEPA Instant and Faster Payments will mean customers in the UK and EEA can transfer British Pounds and Euros more easily between their Wirex and bank accounts.

Key Points: 
  • The addition of SEPA Instant and Faster Payments will mean customers in the UK and EEA can transfer British Pounds and Euros more easily between their Wirex and bank accounts.
  • Wirex have partnered with digital payment infrastructure provider, Modulr, to introduce popular deposit and withdrawal methods, SEPA and Faster Payments, to their UK and EEA users.
  • SEPA (Single Euro Payments Area) is a popular method for bank transfers and will provide an easy on/off-ramp for UK and EEA Wirex users to move EUR directly between Wirex and their bank account.
  • Faster Payments allow UK users to instantly send and receive GBP to/from their Wirex and bank accounts.

Wirex Introduces SEPA Instant and Faster Payments as Top-Up Methods

Retrieved on: 
Thursday, August 18, 2022

The addition of SEPA Instant and Faster Payments will mean customers in the UK and EEA can transfer British Pounds and Euros more easily between their Wirex and bank accounts.

Key Points: 
  • The addition of SEPA Instant and Faster Payments will mean customers in the UK and EEA can transfer British Pounds and Euros more easily between their Wirex and bank accounts.
  • Wirex have partnered with digital payment infrastructure provider, Modulr, to introduce popular deposit and withdrawal methods, SEPA and Faster Payments, to their UK and EEA users.
  • SEPA (Single Euro Payments Area) is a popular method for bank transfers and will provide an easy on/off-ramp for UK and EEA Wirex users to move EUR directly between Wirex and their bank account.
  • Faster Payments allow UK users to instantly send and receive GBP to/from their Wirex and bank accounts.

Nium Appoints Ramana Satyavarapu as Chief Technology Officer

Retrieved on: 
Friday, August 12, 2022

SAN FRANCISCO, Aug. 12, 2022 /PRNewswire/ -- Nium, the global platform for Modern Money Movement, today announced the recent appointment of Ramana Satyavarapu as Chief Technology Officer (CTO). Satyavarapu will be responsible for driving global engineering, strategy and Nium's technology vision for Modern Money Movement. Satyavarapu will manage the company's core technology strategy and capabilities that support Nium's business programs and facilitate revenue growth, as well as organize the concepting and implementation of major technical decisions for the company. He will be based in San Francisco, California, and report to Prajit Nanu, Co-Founder and CEO of Nium.

Key Points: 
  • Leveraging experience from leadership roles at Finix, Google, Microsoft, and Uber, Satyavarapu will serve as the Nium's technology leader, driving the company's global engineering, strategy, and technology vision for Global Money Movement
    SAN FRANCISCO, Aug. 12, 2022 /PRNewswire/ -- Nium , the global platform for Modern Money Movement, today announced the recent appointment of Ramana Satyavarapu as Chief Technology Officer (CTO).
  • Satyavarapu will be responsible for driving global engineering, strategy and Nium's technology vision for Modern Money Movement.
  • "Ramana is an industry visionary with the ideal mix of finance, technology, and engineering expertise to propel Nium to the next level," said Nanu.
  • Prior to joining Nium, Satyavarapu served as the CTO of Finix, where he led engineering, product, and technical support.

RevoluGROUP Canada Inc. RevoluPAY Signs Landmark Agreement With Visa® Becoming Affiliate Member

Retrieved on: 
Thursday, August 4, 2022

RevoluPAY is now a fully-fledged Affiliate Member ofVisa (NASDAQ: V ) with direct card issuing and acquirer status.

Key Points: 
  • RevoluPAY is now a fully-fledged Affiliate Member ofVisa (NASDAQ: V ) with direct card issuing and acquirer status.
  • Visa Inc. is a publicly listed (Nasdaq: V ) American multinational financial services corporation headquartered in Foster City, California, United States.
  • Visa Europe Limited , incorporated in England and Wales, is a wholly-owned subsidiary of Visa Inc. Visa enables electronic funds transfers worldwide, most commonly through Visa-branded credit cards, debit cards, and prepaid cards.
  • We are honored and humbled to partner with Visa as an affiliate member and technology licensee.

Reltime launches one-stop-shop, three-week FastTrack to Web3

Retrieved on: 
Wednesday, August 3, 2022

FastTrack to Web3 enables any company to build its own integrated, white-labelled, state-of-the-art Web3 financial ecosystem within three weeks.

Key Points: 
  • FastTrack to Web3 enables any company to build its own integrated, white-labelled, state-of-the-art Web3 financial ecosystem within three weeks.
  • Reltime is also launching FastTrack for Merchants with innovative solutions tailored to small, medium-sized or large retail businesses.
  • With Reltime's FastTrack to Web3, companies are also able to create their own token(s) with their own name(s) within the same three weeks.
  • Reltime is much more than money and we can currently launch our FastTrack to Web3 to partners and customers in 150 countries."

American Express® Launches Digital, Cross-Border Payment Solution for U.S. Small Businesses

Retrieved on: 
Tuesday, August 2, 2022

Eligible customers can also earn Membership Rewards points on their foreign exchange payments.3 American Express Global Pay is currently available to eligible U.S. American Express Small Business Card Members.

Key Points: 
  • Eligible customers can also earn Membership Rewards points on their foreign exchange payments.3 American Express Global Pay is currently available to eligible U.S. American Express Small Business Card Members.
  • American Express Global Pay addresses these needs by providing:
    Integrated user experience: Access American Express Global Pay in the same place you manage your American Express Business Card account, including from your mobile device.
  • American Express Global Pay is a money transmission service provided by American Express Travel Related Services Company, Inc. (American Express).
  • If you cancel your American Express Business Card (or if American Express cancels your Card), we will close your American Express Global Pay account.