Ecomm Merchant Solutions Champion Novice Hurdle

Paysafe: In-Store SMBs See Reduced Checkout Times as Key to Growth

Retrieved on: 
Wednesday, January 11, 2023
Technology, Mobile, Wireless, Other Retail, Electronic Commerce, Professional Services, Small Business, Digital Cash Management, Digital Assets, Retail, Online Retail, QR, Ecomm Merchant Solutions Champion Novice Hurdle, Social media, Growth, Super Mario, Restaurant, NYSE, Research, Online shopping, Paysafe

Four in five (80%) SMBs (small to medium-sized businesses) consider payments and a seamless checkout experience as critical to growth.

Key Points: 
  • Four in five (80%) SMBs (small to medium-sized businesses) consider payments and a seamless checkout experience as critical to growth.
  • New research among 200 U.S. brick-and-mortar SMBs commissioned by leading payments platform, Paysafe (NYSE: PSFE), revealed that 69% of merchants want to reduce the time their customers spend at the checkout.
  • 70% of them also want to prioritize integrating new payments technology in-store to enhance customer experience.
  • Also, 79% consider payments and the checkout key for managing expenses, 79% for reducing costs, 76% for competitive differentiation, and 68% for entering new markets.

Carofin Completes $2M Equity Financing for TxtSmarter, LLC

Retrieved on: 
Tuesday, December 13, 2022
IMessage, CFS, CFG, Apple, Investment, Social media, WhatsApp, Cryptocurrency, Ecomm Merchant Solutions Champion Novice Hurdle, Series

BREVARD, N.C., Dec. 13, 2022 (GLOBE NEWSWIRE) -- With record-breaking fines facing major financial services firms, Carofin and Carolina Financial Securities are pleased to announce they have successfully raised a total of $2,020,000 in Series A-2 Convertible Preferred Units for TxtSmarter, LLC which was a follow-on financing to a recently completed A-1 round.  Carofin’s growing network of accredited investors and family offices, looking to allocate capital into direct private investments, provided the financing.

Key Points: 
  • BREVARD, N.C., Dec. 13, 2022 (GLOBE NEWSWIRE) -- With record-breaking fines facing major financial services firms, Carofin and Carolina Financial Securities are pleased to announce they have successfully raised a total of $2,020,000 in Series A-2 Convertible Preferred Units for TxtSmarter, LLC which was a follow-on financing to a recently completed A-1 round.  Carofin’s growing network of accredited investors and family offices, looking to allocate capital into direct private investments, provided the financing.
  • San Mateo, California-based TxtSmarter has developed and patented a proprietary methodology for securely archiving private texting platforms and other social media messaging channels.  TxtSmarter is the only solution that addresses Apple's iMessage and Android’s SMS/MMS on the native level.
  • Edward Green, an experienced technology CEO and Founding Partner of Exigent Ventures, is the CEO of TxtSmarter, LLC.  A 26-year seasoned direct venture capital investor, he often invests in high-growth technology and business services.
  • For more information, visit Carofin’s website .

Alegeus Bolsters Executive Leadership Team with Appointments of Roy Luria as General Counsel and Corporate Secretary, and Dan Brames as Chief Payments Officer

Retrieved on: 
Tuesday, November 29, 2022
Legal, Technology, Payments, Finance, Banking, Professional Services, Health Insurance, Software, Health, General counsel, Growth, Environment, Weil, Weil, Gotshal & Manges, Benjamin Brame, Initial public offering, Corporation, Roy, Cybereason, FIS, HSAS, Health, Software as a service, Currency strap, NYSE, Assistant, HRA, Comverse Technology, Record, Ecomm Merchant Solutions Champion Novice Hurdle, Associate, COBRA, Acquisition, Management, Mavenir, Luria

Alegeus , the market leader in healthcare payment solutions , today announced that it has bolstered its executive leadership team with the appointments of Roy Luria as General Counsel and Corporate Secretary, and Dan Brames as Chief Payments Officer.

Key Points: 
  • Alegeus , the market leader in healthcare payment solutions , today announced that it has bolstered its executive leadership team with the appointments of Roy Luria as General Counsel and Corporate Secretary, and Dan Brames as Chief Payments Officer.
  • Luria will lead the companys legal and compliance function, including enterprise risk management and corporate governance, and Brames will elevate the company's banking and financial services capabilities.
  • Prior to Cybereason, he served as General Counsel and Corporate Secretary of Mavenir, a cloud-native network software provider, and Xura (NASDAQ: MESG until its acquisition by Siris Capital), a telecom solution provider.
  • Alegeus, a long-time leader and innovator in healthcare payments, is uniquely positioned in the market, said Brames.

Virgin Voyages Welcomes Paysafe Aboard for Online Payments

Retrieved on: 
Tuesday, November 29, 2022
Payments, Technology, Vacation, Cruise, Travel, Internet, Corporate accountability for human rights violations, Growth, Food, Corporation, Revolution, Michelin, Risk, Valiant Lady (ship), Partnership, Virgin Group, Travel, Wi-Fi, Valiant Lady (TV series), Transatlantic crossing, Transatlantic, NYSE, Virgin Voyages, Sailor, Fraud, Risk management, Ecomm Merchant Solutions Champion Novice Hurdle, Relaxation, Rejuvenation, Online shopping, Paysafe

Paysafe will ensure travelers can quickly and securely pay online for their next cruise with Virgin Voyages, whose payments risk will also be mitigated by Paysafes bespoke travel solution.

Key Points: 
  • Paysafe will ensure travelers can quickly and securely pay online for their next cruise with Virgin Voyages, whose payments risk will also be mitigated by Paysafes bespoke travel solution.
  • With 20+ years card-not-present payments experience, including for travel merchants, Paysafe will allow Virgin Voyages to better serve its global customer base by accepting payments in multiple currencies besides the U.S. dollar.
  • Paysafe will also help Virgin Voyages negotiate the issue of fraud and chargebacks through its dedicated in-house risk and chargeback teams.
  • In addition, a Cruise Line Relationship Manager at Paysafe will enable Virgin Voyages to overcome specific payments challenges.

Paysafe Study Finds That Over Half of Online Merchants Report Checkout Issues During Peak Shopping Times

Retrieved on: 
Tuesday, November 22, 2022
Software, Finance, Small Business, Professional Services, Technology, Online Retail, Mobile, Wireless, Retail, Failure, Super Mario, NYSE, Crash, Ecomm Merchant Solutions Champion Novice Hurdle, Research, Online shopping, Paysafe

Thats according to new research with over 1,100 merchants in 12 countries* commissioned by leading specialised payments platform Paysafe (NYSE: PSFE).

Key Points: 
  • Thats according to new research with over 1,100 merchants in 12 countries* commissioned by leading specialised payments platform Paysafe (NYSE: PSFE).
  • This problem takes on more significance if you consider the effort merchants make to get customers to the checkout stage in the first place.
  • Technical issues including checkout screen crashes (14%) and customers being unable to pay with their preferred method (17%) were cited as expected reasons.
  • Delivered through an integrated platform, Paysafe solutions are geared toward mobile-initiated transactions, real-time analytics and the convergence between brick-and-mortar and online payments.

eCommerce Revenues Continue to Surge as Consumers Limit In-Store Purchases

Retrieved on: 
Tuesday, November 8, 2022
PayPal, EBay, News, Growth, NEWS, Private Securities Litigation Reform Act, Commerce, GMV, CFO, Securities Act of 1933, Founder, U.S. Securities and Exchange Commission, Solution, Annual report, Adoption, NYSE, Privacy, Forward-looking statement, EBAY, NEVER, E-commerce, Block, Traction, Form 10-K, World Wide Web Consortium, Acquisition, NASDAQ, Etsy, Ecomm Merchant Solutions Champion Novice Hurdle, TASE, CAGR, Transport, Creativity, NOT, Securities Exchange Act of 1934, USD, FIDO Alliance, Central nervous system, COVID-19, ETSY, Sale, Mac, Deliverr, Technology, PYPL, PALM, FNM, IPad, VP, IPhone, COVID, ANY, Holiday, Research, Security (finance), Online shopping, Mobile phone, Inc., Shopify

E-commerce businesses significantly depend upon the warehousing and shipping capabilities to get products transported from manufacturing units/retailers to end-users in a shorter lead time.

Key Points: 
  • E-commerce businesses significantly depend upon the warehousing and shipping capabilities to get products transported from manufacturing units/retailers to end-users in a shorter lead time.
  • NetNut is a provider of proxy solutions to some of the world's most renown platforms and brands, as well as of many providers of E-commerce solutions.
  • "One of the most undeniable online trends is the rise of shopping through E-commerce platforms during the month of November and the coming holidays.
  • Many consumers recycle passwords across online services, which can not only be cumbersome but can also lead consumers to reuse the same, potentially vulnerable passwords across services.

eCommerce Revenues Continue to Surge as Consumers Limit In-Store Purchases

Retrieved on: 
Tuesday, November 8, 2022
PayPal, EBay, News, Growth, NEWS, Private Securities Litigation Reform Act, Commerce, GMV, CFO, Securities Act of 1933, Founder, U.S. Securities and Exchange Commission, Solution, Annual report, Adoption, NYSE, Privacy, Forward-looking statement, EBAY, NEVER, E-commerce, Block, Traction, Form 10-K, World Wide Web Consortium, Acquisition, NASDAQ, Etsy, Ecomm Merchant Solutions Champion Novice Hurdle, TASE, CAGR, Transport, Creativity, NOT, Securities Exchange Act of 1934, USD, FIDO Alliance, Central nervous system, COVID-19, ETSY, Sale, Mac, Deliverr, Technology, PYPL, PALM, FNM, IPad, VP, IPhone, COVID, ANY, Holiday, Research, Security (finance), Online shopping, Mobile phone, Inc., Shopify

E-commerce businesses significantly depend upon the warehousing and shipping capabilities to get products transported from manufacturing units/retailers to end-users in a shorter lead time.

Key Points: 
  • E-commerce businesses significantly depend upon the warehousing and shipping capabilities to get products transported from manufacturing units/retailers to end-users in a shorter lead time.
  • NetNut is a provider of proxy solutions to some of the world's most renown platforms and brands, as well as of many providers of E-commerce solutions.
  • "One of the most undeniable online trends is the rise of shopping through E-commerce platforms during the month of November and the coming holidays.
  • Many consumers recycle passwords across online services, which can not only be cumbersome but can also lead consumers to reuse the same, potentially vulnerable passwords across services.

Paysafe Partners With HotelKey to Streamline Payments for US Hotels

Retrieved on: 
Wednesday, October 19, 2022
Lodging, Commercial Building & Real Estate, Technology, Construction & Property, Travel, Professional Services, Payments, Apps, Applications, Software, Mobile, Wireless, Finance, Shift, Ecomm Merchant Solutions Champion Novice Hurdle, Efficiency, VP, NYSE, Restaurant, Hospitality industry, Housekeeping, Partnership, Industry, Property management system, Food, Hotel, Online shopping, Paysafe, Elavon

Paysafe (NYSE: PSFE), a leading specialized payments platform, today announced a new integrated payments partnership with HotelKey , a cloud-based software solution provider for the hospitality industry.

Key Points: 
  • Paysafe (NYSE: PSFE), a leading specialized payments platform, today announced a new integrated payments partnership with HotelKey , a cloud-based software solution provider for the hospitality industry.
  • Paysafe will seamlessly integrate with HotelKeys software solutions to streamline payments for U.S. hotels across their front-desk, hospitality, retail, food and beverage, and other back-of-house operations.
  • Our partnership with HotelKey is an exciting opportunity to reinvent the retail and payments experience for the hospitality industry.
  • Delivered through an integrated platform, Paysafe solutions are geared toward mobile-initiated transactions, real-time analytics and the convergence between brick-and-mortar and online payments.

ACA Group Expands Electronic Communications Surveillance Capabilities in ComplianceAlpha® Platform

Retrieved on: 
Tuesday, October 4, 2022
Technology, Mobile, Wireless, Finance, Fintech, Other Technology, Telecommunications, Professional Services, Software, Artificial Intelligence, Solution, GRC, Ecomm Merchant Solutions Champion Novice Hurdle, Case management, Technology, Regulatory technology, Compliance, ACA, Machine learning, Acquisition, Natural language processing, Risk, Risk management, Jean Catelas

ACA Group (ACA), the leading governance, risk, and compliance (GRC) advisor in financial services, today announced that it has added a host of new capabilities to ComplianceAlpha , the firms integrated RegTech solutions platform.

Key Points: 
  • ACA Group (ACA), the leading governance, risk, and compliance (GRC) advisor in financial services, today announced that it has added a host of new capabilities to ComplianceAlpha , the firms integrated RegTech solutions platform.
  • These latest additions are designed to better support the surveillance of and adherence to policies related to electronic communications (eComms).
  • By offering electronic communication surveillance capabilities via the ACA ComplianceAlpha platform, financial services firms, globally, can now leverage inbuilt functions to bring regulatory investigations to the fore, and seamlessly escalate issues to management.
  • The enhancements represent the next evolution of ACA Groups ComplianceAlpha platform after the acquisition of Catelas back in September 2021, and the integration of its machine learning-based electronic communications (eComms) surveillance and investigations platform.

Txtsmarter, LLC Announces Closing of Funding Round and Appoints New Chief Executive Officer

Retrieved on: 
Friday, August 26, 2022
DBA, CEO, Technology, Market Watch, Investment, FCA, Compliance, Communication, Silicon, Series, WhatsApp, Growth, Alternative data, Mobile phone, Ecomm Merchant Solutions Champion Novice Hurdle

SANTA CLARA, Calif. and LONDON, Aug. 26, 2022 /PRNewswire/ -- txtsmarter, a secure pipeline for full communications capture across private messaging applications, platforms, and services, announced today the completion of its Series A funding round. Textsmarter LLC, which recently won two global regulatory awards for "Most Innovative Use of Alternative Data in Regulatory Compliance" and "Leading Innovators in Communications Data Leak Mitigation," will use the funds to expand its services in the US and European enterprise markets, to enable companies in highly regulated industries to respond to increasing oversight from regulatory agencies.

Key Points: 
  • To guide the company in its new phase of growth, Edward Green, an experienced technology CEO and Founding Partner of Exigent Ventures,has been appointed the new CEO of Textsmarter LLC.
  • "This funding round has been paramount in growing our development team and providing additional features based on our future roadmap to expand our services in the enterprise market.
  • The funding round was led byCarolina Financial Group, a North Carolina investment bank and financial services company.
  • Textsmarter LLC, DBA: txtsmarter based in Silicon Valley, California, is an Award-Winning Compliance Communications Surveillance Service for private messaging applications, platforms, and services incl.