Veem

Trulioo Achieves Best-in-Class Match Rate Performance Across 75 Countries on Anniversary of Identity Platform Launch

Retrieved on: 
Thursday, March 21, 2024

Trulioo , an industry-leading identity platform with proven global coverage for person and business verification, today announced market-leading match rate performance fueled by data science, market expertise and ongoing, cutting-edge innovation.

Key Points: 
  • Trulioo , an industry-leading identity platform with proven global coverage for person and business verification, today announced market-leading match rate performance fueled by data science, market expertise and ongoing, cutting-edge innovation.
  • Person Match calibrates to industry and regional nuances across 75 top-transacting countries to ensure best-in-class performance and results.
  • Trulioo has increased its Person Match network by 16%, to an industry-leading 500-plus partners, since the platform launch, providing additional options to verify more than 3.2 billion people in 20 countries.
  • To book a demonstration of the Trulioo identity platform, please visit: www.trulioo.com/lp/data-verification
    For more information about Trulioo, please visit trulioo.com .

Mazall, Inc. is proud to announce the release of MazallPay™, a groundbreaking web and mobile application revolutionizing the global luxury watch trading industry

Retrieved on: 
Tuesday, December 12, 2023

MIAMI, Dec. 12, 2023 /PRNewswire/ -- Mazall, Inc. is proud to announce the release of MazallPay™, a groundbreaking web and mobile application revolutionizing the global luxury watch trading industry.

Key Points: 
  • MIAMI, Dec. 12, 2023 /PRNewswire/ -- Mazall, Inc. is proud to announce the release of MazallPay™, a groundbreaking web and mobile application revolutionizing the global luxury watch trading industry.
  • This innovative solution provides international watch traders with an end-to-end solution for invoicing, insurance, logistics and cross-border payments all in one application.
  • In collaboration with Veem®, a global payment solutions leader, MazallPay offers watch traders real-time bank-to-bank transfers in over 100 countries, eliminating wire transfer fees.
  • Mazall Pay promises to transform international watch trading, saving time and money while ensuring a seamless, secure experience.

Finastra and Veem Announce Partnership to Equip Banks With Digital AP and AR Solutions

Retrieved on: 
Thursday, December 8, 2022

Veem's partnership with Finastra enables banks and other financial institutions to offer innovative payment services for SMBs leveraging automated electronic invoicing and bill-pay capabilities.

Key Points: 
  • Veem's partnership with Finastra enables banks and other financial institutions to offer innovative payment services for SMBs leveraging automated electronic invoicing and bill-pay capabilities.
  • Veem's AP and AR services may be accessed directly through Finastra's Fusion Digital Banking, where users can navigate seamlessly to Veem's payments network and perform their transactions.
  • "We're pleased to work with Veem to make it easier for banks to offer enhanced AP and AR services for their customers through Fusion Digital Banking."
  • Founded in 2014, Veem is an accounts receivable ("AR") and accounts payable ("AP") automation provider serving small and medium-sized businesses ("SMBs").

Veem Launches Real-Time Payments in 100+ Countries

Retrieved on: 
Tuesday, October 25, 2022

SAN FRANCISCO, Oct. 25, 2022 (GLOBE NEWSWIRE) -- Veem , an Accounts Receivable/Accounts Payable network for SMBs, today announced the launch of real-time payments in 100+ countries, serving businesses with domestic and cross-border payments.

Key Points: 
  • SAN FRANCISCO, Oct. 25, 2022 (GLOBE NEWSWIRE) -- Veem , an Accounts Receivable/Accounts Payable network for SMBs, today announced the launch of real-time payments in 100+ countries, serving businesses with domestic and cross-border payments.
  • This includes support for a global Veem Wallet that enables customers to store balances and send payments from their wallet, anywhere in the world for free.
  • "We are excited to launch the largest coverage of countries enabling real-time payments around the world," said Marwan Forzley, CEO at Veem.
  • As demand increases for cross-border payments, Veem is transforming the traditionally slow business-to-business payment process with streamlined and efficient payments, all in one user interface.

Magaya Reports Excellent Q3 Results, Receives Industry Acclaim

Retrieved on: 
Tuesday, October 11, 2022

MIAMI, Fla., Oct. 11, 2022 /PRNewswire-PRWeb/ -- Magaya Corporation, the leading provider of end-to-end logistics and supply chain automation software, today announced a strong third quarter, once again meeting its ambitious revenue target, citing digital transformation at the forefront of its growth strategy.

Key Points: 
  • Magaya achieved net new revenue growth for Q3 in alignment with the growth plan of 30%, while maintaining an outstanding customer retention rate.
  • Business Highlights for Q3 2022 include:
    - Added 51 new logos to its portfolio of customers, including Bestway, ANDES, YSDS, ShipLilly, and many others.
  • - Added warehouse visibility, payments, and invoicing to the Magaya Digital Freight Portal when used with Magaya Supply Chain.
  • Our customers continue to realize meaningful value, reaching new levels of success with the Magaya Digital Freight Platform," commented Gary Nemmers, Magaya CEO.

Shepherd Announces Technology Partnership With Veem for Digital Contractor Payments

Retrieved on: 
Wednesday, September 21, 2022

With the addition of Veem , both the business and the contractor can now pay and receive their payments in USD or local currency as quickly as sending an email.

Key Points: 
  • With the addition of Veem , both the business and the contractor can now pay and receive their payments in USD or local currency as quickly as sending an email.
  • "At Veem , we create solutions that help businesses and contractors ensure payments are received on time, every time with easy-to-use global payment solutions," said Marwan Forzley, CEO of Veem .
  • Veem payments are available now to all users of the Shepherd community, both contractors and businesses alike will be able to send digital payments seamlessly across seas.
  • Veem helps small businesses save time and optimize cash flow by simplifying the way they send and receive payments domestically and internationally.

Veem Survey Finds Close to 50% of SMBs Are Anticipating a Recession This Year

Retrieved on: 
Tuesday, July 12, 2022

SAN FRANCISCO, July 12, 2022 /PRNewswire/ -- Veem, a leading provider of global B2B payment solutions, today announced the release of its quarterly report, "State of Small Business." The report, which surveyed over 400 American and Canadian small business ownersi, focused on their business outlook for the rest of 2022 as inflation concerns, interest rate hikes, and recession fears loom.

Key Points: 
  • Below are some key findings:
    Recession Fears Are Real: 49% of small businesses said they are anticipating a recession before the end of 2022.
  • Sticky Prices: 60% of small businesses said they do not think prices will go down this year.
  • Veem helps businesses save time and optimize cash flow by simplifying the way they send and receive payments domestically and internationally.
  • Veem is headquartered in San Francisco, Californiafor more information visit veem.com
    i The margin of error for this survey was measured at +4/-4.

Veem Announces Expanded Payment Options to Help SMB's Combat Inflation Concerns

Retrieved on: 
Monday, May 2, 2022

SAN FRANCISCO, May 2, 2022 /PRNewswire-PRWeb/ -- Veem, a leading provider of global B2B payment solutions, today announced the rollout of new functionalities including enhanced card options and faster ACH, allowing small businesses more flexibility in how they pay and get paid to manage cash flow.

Key Points: 
  • The latest set of robust card payment options and faster ACH gives small businesses even more control over cash flow.
  • Veem also enabled faster ACH, allowing their SMB clients to easily manage their payment delivery time from three business days to one business day, providing greater control of domestic payables.
  • [[i]] With rising prices affecting small and medium sized businesses globally, Veem's enhanced payment capabilities provide flexible domestic and international payment options to give businesses more control over paying and getting paid.
  • Veem is headquartered in San Francisco, Californiafor more information visit veem.com
    [[i]] 2022 Veem Quarterly State of Small Business Report : Grappling with Inflation Pressures, March 2022, n=829.

Veem Survey Finds Nearly 77% of SMBs Have Experienced Inflationary Pressure in Their Businesses

Retrieved on: 
Thursday, March 31, 2022

SAN FRANCISCO, March 31, 2022 /PRNewswire-PRWeb/ --http://www.veem.com/Veem, a leading provider of global B2B payment solutions, today announced the release of its quarterly report, "State of Small Business." The report, which surveyed over 800 American small business owners, focused on how their businesses have been affected by the recent rise in inflation as well as their outlook for the rest of 2022 and beyond. Below are some key findings:

Key Points: 
  • Below are some key findings:
    41.5% of small businesses say they have experienced inflationary pressure in the last 1-3 months.
  • This is compared to 25% of small businesses who say they have experienced inflationary pressure over the last 10-12 months.
  • Nearly 40% of small businesses surveyed say that they feel inflationary pressures surrounding their cost of supplies.
  • About one in five small businesses owners have considered taking out a loan to help with cash flow to counter growing inflationary pressure.

Veem Survey Finds 52% of Small Business Owners Say Supply Chain Disruptions Have Impacted Their Business

Retrieved on: 
Wednesday, December 15, 2021

The report, which surveyed over 700 US small business owners, focused on how SMBs are navigating the supply chain crisis.

Key Points: 
  • The report, which surveyed over 700 US small business owners, focused on how SMBs are navigating the supply chain crisis.
  • In addition, the report covers how SMBs are offsetting disruptions in their supply chains by leveraging e-commerce and innovative technology as the crisis extends into 2022.
  • Below are some key findings:
    52% of small business owners surveyed reported that supply chain disruptions have impacted their business.
  • To download "State of Small Business: You and Your Supply Chain," please visit here .