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Verifone Wins “Best Point of Sale Solution” Designation in 8th Annual FinTech Breakthrough Awards Program

Retrieved on: 
Tuesday, April 2, 2024

The Verifone T650 is a best-in-class payments solution that operates on a sophisticated AndroidTM platform.

Key Points: 
  • The Verifone T650 is a best-in-class payments solution that operates on a sophisticated AndroidTM platform.
  • Offering flexibility and a user-friendly experience, the T650 is designed for efficiency, security and extended lifetime.
  • Verifone T650 enables merchants to safely accept all payment types, and backs each transaction with end-to-end security.
  • We’re excited to accept this award from FinTech Breakthrough, recognizing our continued adaptability and force to push innovation to the payment space,” said Himanshu Patel, Verifone CEO.

RYVYL Reports Record Full Year 2023 Revenue of $65.9 Million, Up 100% Compared to 2022

Retrieved on: 
Tuesday, March 26, 2024

SAN DIEGO, CA, March 26, 2024 (GLOBE NEWSWIRE) -- RYVYL Inc. (NASDAQ: RVYL) ("RYVYL” or the "Company"), a leading innovator of payment transaction solutions leveraging proprietary blockchain ledger and electronic token technology for the diverse international markets, reported its financial results for the fourth quarter and fiscal year ended December 31, 2023.

Key Points: 
  • Record fourth quarter 2023 and fiscal year 2023 revenue both doubled to $22.3 million and $65.9 million, respectively, over the same time periods in 2022.
  • 2023 FX and International payments had $590 million in business volume, 14% higher than the third quarter 2023.
  • Q4 2023 North America revenue increased 85% to $16.6 million and international revenue increased 165% to $5.6 million, compared to Q4 2022.
  • North America revenue increased 71% to $48.9 million and EU revenue increased 294% to $16.9 million, compared to 2022.

GETTRX™ CEO Steve Bryson and President Roberto Sato Announced as Finalists for 2024 Banking Tech Awards

Retrieved on: 
Wednesday, April 3, 2024

The Banking Tech Awards, hosted by FinTech Futures, has revealed their list of finalists for their awards categories, with GETTRX™ represented in two of the Tech Leadership awards .

Key Points: 
  • The Banking Tech Awards, hosted by FinTech Futures, has revealed their list of finalists for their awards categories, with GETTRX™ represented in two of the Tech Leadership awards .
  • GETTRX™ CEO Steve Bryson is a finalist in the Tech Leadership Visionary CEO category, while the company’s President and CIO Roberto Sato is a finalist in the Rising Tech Star category.
  • FinTech Futures uses its Banking Tech Awards to spotlight outstanding businesses and professionals in fintech.
  • This acknowledgement within the fintech industry is just one of several ways in which GETTRX™ has enjoyed a significant 2024.

Top Ten Payments Companies Processed $9.5 Trillion in 2023 Payment Card Volume

Retrieved on: 
Wednesday, April 3, 2024

Collectively, the companies highlighted process over 95% of all card payment volume in the U.S.

Key Points: 
  • Collectively, the companies highlighted process over 95% of all card payment volume in the U.S.
  • Looking at the top-ranked companies, JPMorgan Chase & Co. ranks first for estimated U.S. total processing volume at $2.4T, and first for estimated U.S. total transactions at 46.2B.
  • Merchant Acquirers , sponsored by Chargeback Gurus , which features over 11,000 data points on more than 300 companies, covering national leaders to regional ISOs.
  • The top five players processed an estimated $7.5 trillion in card volume in 2023.

EverGlade Consulting Funding Alert: ARPA-H Transitions to Mission Office-Specific Innovation Solutions Openings to Allow Funding Under Cooperative Agreements and OTAs

Retrieved on: 
Thursday, February 22, 2024

HOUSTON, Feb. 22, 2024 /PRNewswire/ -- The Advanced Research Projects Agency for Health ("ARPA-H") recently announced a shift in how the agency will fund health-related technology research and development. ARPA-H will transition to Mission Office-Specific Innovation Solutions Openings (ISOs) to allow funding under cooperative agreements and "other transactions". This change provides flexibility outside the traditional grant and contract structure governed by Federal Acquisition Regulation, making it possible for non-traditional government contractors to apply for and receive ARPA-H funding.

Key Points: 
  • ARPA-H will transition to Mission Office-Specific Innovation Solutions Openings (ISOs) to allow funding under cooperative agreements and "other transactions".
  • Effective March 14, 2024, ARPA-H will close the current Open-Office BAA and transition to Mission Office ISOs.
  • Effective March 14, 2024, ARPA-H will close the current Open-Office Broad Agency Announcement (BAA) and transition to Mission Office ISOs.
  • If your company is interested in pursuing ARPA-H funding and navigating the changes implemented with Mission Office ISOs, EverGlade Consulting is the right partner to help.

SurgePays Taps Derron Winfrey as Vice President

Retrieved on: 
Friday, February 16, 2024

BARTLETT, Tenn., Feb. 16, 2024 (GLOBE NEWSWIRE) -- SurgePays, Inc. (Nasdaq: SURG) (“SurgePays” or the “Company”), a technology and telecommunications company focused on the underbanked and underserved communities, announced today the appointment of Fintech and prepaid industry veteran Derron Winfrey as vice president, business development of the Company.

Key Points: 
  • BARTLETT, Tenn., Feb. 16, 2024 (GLOBE NEWSWIRE) -- SurgePays, Inc. (Nasdaq: SURG) (“SurgePays” or the “Company”), a technology and telecommunications company focused on the underbanked and underserved communities, announced today the appointment of Fintech and prepaid industry veteran Derron Winfrey as vice president, business development of the Company.
  • Upon joining SurgePays, he became president of SurgePays' prepaid division and has been serving in various business development and advisory roles.
  • In his new position, Mr. Winfrey will work with SurgePays President Jeremy Gies to help drive innovation by discovering, developing, and implementing new fintech products and services.
  • "Derron helped build the foundation of SurgePays' prepaid business," said Jeremy Gies, president of SurgePays.

NMI Launches the Next-Generation of Embedded Payments Solutions

Retrieved on: 
Thursday, February 15, 2024

NMI , a global leader in embedded payments, unveils NMI Payments , the comprehensive embedded payments solution for software companies, independent sales organizations (ISOs) and payment professionals.

Key Points: 
  • NMI , a global leader in embedded payments, unveils NMI Payments , the comprehensive embedded payments solution for software companies, independent sales organizations (ISOs) and payment professionals.
  • The NMI Payments platform easily integrates within existing applications and payment solutions, offering a flexible, modular approach that expedites and streamlines payments.
  • Designed for frictionless payments, NMI Payments allows consumers to pay wherever and however they want – online, in-store, in-app, mobile and unattended – securely, easily and reliably, leveraging NMI’s feature-rich payment gateway.
  • Now software companies can generate additional revenue streams by leveraging NMI Payments to monetize every transaction.

Bitech Technologies Completes Due Diligence on BESS Projects to Prepare for a Business Combination

Retrieved on: 
Thursday, February 15, 2024

Following completion of its core due diligence and its investigation and analysis of Bridgelink's BESS Development Projects, Bitech has developed a solid, basic understanding of the BESS Development Projects and Bridgelink's plans and strategies as to those projects, as well as how they are expected to affect the Company’s future prospects, following the completion of the proposed transactions.

Key Points: 
  • Following completion of its core due diligence and its investigation and analysis of Bridgelink's BESS Development Projects, Bitech has developed a solid, basic understanding of the BESS Development Projects and Bridgelink's plans and strategies as to those projects, as well as how they are expected to affect the Company’s future prospects, following the completion of the proposed transactions.
  • Further, we continue to believe that the 1.965 gigawatt (GW) pipeline of BESS Development Projects hold significant potential value and that the Bridgelink management team driving them possess a solid understanding and experience in developing these types of projects.
  • Furthermore, they have also engaged competent vendors and consultants who bring their expertise to assist in the pursuit and execution of these projects.
  • Additionally, a closer examination reveals that these projects are being executed in a proficient manner, reflecting the team's capabilities and diligence.

Register Now for this Year's United States Electric Power Industry Seminar: Focus on Renewable Energy, ISO Markets, and Power Transactions (South Carolina, United States - March 12-13, 2024)

Retrieved on: 
Monday, February 12, 2024

DUBLIN, Feb. 12, 2024 /PRNewswire/ --The "Today's U.S. Electric Power Industry, Renewable Energy, ISO Markets, and Power Transactions" training has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Feb. 12, 2024 /PRNewswire/ --The "Today's U.S. Electric Power Industry, Renewable Energy, ISO Markets, and Power Transactions" training has been added to ResearchAndMarkets.com's offering.
  • If you want to better understand the U.S. electric power industry and the different ways power is bought and sold, this in-depth seminar is for you.
  • Federal vs state regulatory conflicts, and why restructuring today's power industry and the building new power lines is such a complicated task.
  • John Adamiak is President and Founder of PGS Energy Training and an expert in energy derivatives and electric power markets.

AppTech Integrates Fintech Platform to Transform Traditional Banking and Payments Infrastructure Resulting in Cost Reduction, Secure Banking, and Instant Movement of Cash

Retrieved on: 
Thursday, February 8, 2024

Commerse is a patent-protected portal enabling Independent Sales Organizations (ISOs) and Independent Software Vendors (ISVs) to drive secure and scalable payments, digital banking, and merchant services from a single, unified stack.

Key Points: 
  • Commerse is a patent-protected portal enabling Independent Sales Organizations (ISOs) and Independent Software Vendors (ISVs) to drive secure and scalable payments, digital banking, and merchant services from a single, unified stack.
  • “We believe our combined Fintech platform is positioned to enable traditional banks to more effectively compete in the Digital Banking sphere.
  • “This is a game-changer for the multi-billion dollar Specialty Payments space and certainly for AppTech.
  • AppTech’s open architecture, extensible system is agnostic to any system, enabling users to move money how and when they wish.