Radius Payment Solutions

CGI certified to support instant payments on the new nationwide FedNow® Service

Retrieved on: 
Wednesday, September 20, 2023

FAIRFAX, Va., Sept. 20, 2023 /PRNewswire/ -- CGI (NYSE: GIB) (TSX: GIB.A) today announced that the CGI All Payments solution has been certified to support transaction activity for financial institutions that make payments on the Federal Reserve Bank's new instant payments system, FedNow® Service.

Key Points: 
  • FAIRFAX, Va., Sept. 20, 2023 /PRNewswire/ -- CGI (NYSE: GIB) (TSX: GIB.A) today announced that the CGI All Payments solution has been certified to support transaction activity for financial institutions that make payments on the Federal Reserve Bank's new instant payments system, FedNow® Service.
  • CGI has been actively developing FedNow Service-specific capabilities since joining the FedNow Service Pilot Program in 2021.
  • CGI was certified to support sending and receiving FedNow Service credit transfers and requests for payment.
  • Delivered as a package or cloud-based platform-as-a-service, CGI All Payments deploys quickly and allows banks to become adopters of the FedNow Service.

CGI All Payments solution now available in the Microsoft Azure Marketplace

Retrieved on: 
Tuesday, September 19, 2023

TORONTO, Sept. 19, 2023 /PRNewswire/ - CGI (NYSE: GIB) (TSX: GIB.A) today announced the availability of CGI All Payments, a flexible cloud-ready enterprise payments solution, in the Microsoft Azure Marketplace, an online store providing applications and services for use on Azure.

Key Points: 
  • TORONTO, Sept. 19, 2023 /PRNewswire/ - CGI (NYSE: GIB) (TSX: GIB.A) today announced the availability of CGI All Payments, a flexible cloud-ready enterprise payments solution, in the Microsoft Azure Marketplace, an online store providing applications and services for use on Azure.
  • The availability of CGI All Payments on the trusted Microsoft Azure Marketplace delivers the flexibility needed by clients to streamline purchase, deployment and management of CGI's industry-leading solution.
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  • "With access now available through the Microsoft Azure Marketplace, clients have an additional channel to easily and quickly procure and scale the modern, innovative services CGI All Payments delivers."
  • Jake Zborowski, General Manager, Microsoft Azure Platform at Microsoft Corp. said, "We're pleased to welcome CGI to the Microsoft Azure Marketplace, which gives our partners great exposure to cloud customers around the globe.

BMO Launches Mobile Wallet for Virtual Cards with Mastercard and Extend

Retrieved on: 
Monday, August 28, 2023

BMO is the first global Mastercard issuer to offer contactless virtual cards through its cobranded Extend for BMO app – an expansion of the payments functionality BMO announced in 2022 .

Key Points: 
  • BMO is the first global Mastercard issuer to offer contactless virtual cards through its cobranded Extend for BMO app – an expansion of the payments functionality BMO announced in 2022 .
  • BMO clients using Extend for BMO to issue virtual cards also benefit from tighter spend controls, along with streamlined receipt and reconciliation processes.
  • Now, with mobile wallet capabilities, BMO Corporate Card clients can extend the benefits of virtual cards to a host of additional purchases, including contactless payments made during business travel.
  • The program leverages Mastercard's mobile virtual card solution, which brings together its industry leading virtual card and tokenization platforms.

Fast Company Names BMO one of the Best Workplaces for Innovators

Retrieved on: 
Tuesday, July 18, 2023

CHICAGO and TORONTO, July 18, 2023 /PRNewswire/ - BMO is the only financial institution named among the top 30 companies on Fast Company's fifth annual Best Workplaces for Innovators list, honoring organizations that demonstrate a commitment to encourage and develop innovation company-wide.

Key Points: 
  • CHICAGO and TORONTO, July 18, 2023 /PRNewswire/ - BMO is the only financial institution named among the top 30 companies on Fast Company's fifth annual Best Workplaces for Innovators list, honoring organizations that demonstrate a commitment to encourage and develop innovation company-wide.
  • Developed in collaboration with Accenture, the 2023 Best Workplaces for Innovators ranks 100 winners from a variety of industries, including entertainment, biotech, consumer packaged goods, marketing, education, healthcare, and many more.
  • "To thrive in a rapidly changing world, workplaces must actively foster a culture that gives people space to innovate from a place of courage and ingenuity," said Sean Ellery, Head, Digital & Innovation, Commercial Banking at BMO.
  • BMO also launched an Innovation Lab where employees can test and give feedback on new or updated products and services.

Quisitive Announces C$6 Million Bought Deal Financing

Retrieved on: 
Wednesday, June 21, 2023

If the Over-Allotment Option is exercised in full, the total gross proceeds of the Offering will be approximately C$6.9 million.

Key Points: 
  • If the Over-Allotment Option is exercised in full, the total gross proceeds of the Offering will be approximately C$6.9 million.
  • Ewing Morris & Co. Investment Partners Ltd., on behalf of certain funds managed by it, (“Ewing Morris”) has agreed to participate in the Offering with an investment amount of approximately C$5 million.
  • The impact of the Sales Residuals repurchase is expected to result in an immediate increase to the Company’s gross margin and EBITDA margin.
  • The Transaction is expected to close in July 2023.

Advize Health Is Pleased to Announce Rachel Jones as Its President

Retrieved on: 
Tuesday, June 20, 2023

"I am excited to be joining the Advize Health team as it continues to evolve and expand its product and service offerings in the Program Integrity industry. Over the last ten years, Advize has consistently dedicated itself to combating healthcare fraud, waste and abuse, and I look forward to joining such a talented, passionate team of individuals that live by this mission every day." --Rachel Jones, President, Advize Health

Key Points: 
  • PITTSBURGH, June 20, 2023 /PRNewswire-PRWeb/ -- Advize Health is pleased to announce Rachel Jones has joined the company as President.
  • "I am excited to be joining the Advize Health team as it continues to evolve and expand its product and service offerings in the Program Integrity industry.
  • Rachel is a high-energy executive with a proven record of building and leading effective teams, successfully shepherding programs, and establishing best practices.
  • In addition to her time at Clover Health, Rachel also spent over ten years at Highmark Blue Cross Blue Shield.

Avenue Code strengthens its team of excellence in Artificial Intelligence services by welcoming Kerry Joel as the new VP of AI Transformation

Retrieved on: 
Thursday, June 15, 2023

SAN FRANCISCO, June 15, 2023 /PRNewswire-PRWeb/ -- Avenue Code, a global technology consulting company known for its excellence in digital transformation and Artificial Intelligence (AI) services, is proud to announce the appointment of Kerry Joel as its new VP of AI Transformation and Ulyana Zilbermints as the new CEO of North America.

Key Points: 
  • With over 15 years of experience in AI and machine learning, Joel has worked for some of the world's leading technology companies.
  • Her expertise in developing and implementing AI strategies will be invaluable to Avenue Code as it continues to expand its AI capabilities, especially in Canada, where the company has one of its delivery centers.
  • Since launching its U.S. operations in 2008, Avenue Code has grown to embrace six offices and approximately 2,000 team members globally.
  • "Their passion and expertise will be instrumental in helping us achieve our mission of revolutionizing businesses through assistive Artificial Intelligence."

Paybotic Named Top 10 Retail Payment Solutions Provider 2023 by Retail Tech Insights Magazine

Retrieved on: 
Thursday, May 18, 2023

WEST PALM BEACH, Fla., May 18, 2023 (GLOBE NEWSWIRE) -- Paybotic (“Paybotic” or “the Company”), the premier resource for financial solutions designed for the cannabis industry, announced today that it has been shortlisted by Retail Tech Insights Magazine on their 2023 list of Top 10 Retail Payment Solutions Providers.

Key Points: 
  • WEST PALM BEACH, Fla., May 18, 2023 (GLOBE NEWSWIRE) -- Paybotic (“Paybotic” or “the Company”), the premier resource for financial solutions designed for the cannabis industry, announced today that it has been shortlisted by Retail Tech Insights Magazine on their 2023 list of Top 10 Retail Payment Solutions Providers.
  • Retail Tech Insights’ magazine edition containing the top 10 list also features articles from CFOs, VPs/Directors-payments, CROs, and other decision-makers.
  • This recognition solidifies Paybotic as a payment processing leader in the retail space.
  • It’s a trusted source for new trends for technology in retail, new solutions available for merchants, and discusses challenges faced by retail executives in adopting technology solutions, and bringing out the best of technology vendors providing solutions and services to retail.

FinTech firms PayTabs and FlapKap collaborate to 'superpower' UAE ecommerce brands

Retrieved on: 
Thursday, May 18, 2023

DUBAI, UAE, May 18, 2023 /PRNewswire/ --  PayTabs, MEASA's award-winning payment solutions provider, today announced a strategic partnership with FlapKap, MENA's leading revenue-based financing platform. 

Key Points: 
  • DUBAI, UAE, May 18, 2023 /PRNewswire/ -- PayTabs , MEASA's award-winning payment solutions provider, today announced a strategic partnership with FlapKap , MENA's leading revenue-based financing platform.
  • The collaboration between the two firms aims to support new and existing PayTabs entrepreneurs, webpreneurs and small and medium e-commerce businesses (SMEs) based in the UAE to obtain a fast and flexible funding offer within hours.
  • Under this landscape, PayTabs facilitates digital payment processing and offers merchants multiple payment acceptance methods including debit cards, credit cards and wallets - while FlapKap enables SME e-commerce businesses in the UAE to leverage on financing solutions via the FlapKap app .
  • FlapKap and PayTabs share a similar agenda to impact the SME and Ecommerce segments; empowering them with data driven growth opportunities.

FinTech firms PayTabs and FlapKap collaborate to 'superpower' UAE ecommerce brands

Retrieved on: 
Thursday, May 18, 2023

DUBAI, UAE, May 18, 2023 /PRNewswire/ --  PayTabs, MEASA's award-winning payment solutions provider, today announced a strategic partnership with FlapKap, MENA's leading revenue-based financing platform. 

Key Points: 
  • DUBAI, UAE, May 18, 2023 /PRNewswire/ -- PayTabs , MEASA's award-winning payment solutions provider, today announced a strategic partnership with FlapKap , MENA's leading revenue-based financing platform.
  • The collaboration between the two firms aims to support new and existing PayTabs entrepreneurs, webpreneurs and small and medium e-commerce businesses (SMEs) based in the UAE to obtain a fast and flexible funding offer within hours.
  • Under this landscape, PayTabs facilitates digital payment processing and offers merchants multiple payment acceptance methods including debit cards, credit cards and wallets - while FlapKap enables SME e-commerce businesses in the UAE to leverage on financing solutions via the FlapKap app .
  • FlapKap and PayTabs share a similar agenda to impact the SME and Ecommerce segments; empowering them with data driven growth opportunities.