Zact


Associated tags: PCI DSS, Diplomacy, Abraham David Sofaer, PCI, Policy, Hoover, Security, Online shopping

Zact names Abraham Sofaer to its Board

Retrieved on: 
Thursday, May 19, 2022

SARATOGA, Calif., May 19, 2022 /PRNewswire/ -- Leading payment applications platform provider, Zact, has named Abraham Sofaer to its Board.

Key Points: 
  • SARATOGA, Calif., May 19, 2022 /PRNewswire/ -- Leading payment applications platform provider, Zact, has named Abraham Sofaer to its Board.
  • Sofaer brings to Zact his experience as a federal prosecutor, trial judge, State Department Legal Adviser, arbitrator, and corporate board member, along with a global network and expertise in the Legal, Security, and Governance sectors.
  • "Having Abe join our board is significant for Zact," said CEO John Thomas.
  • Sofaer joins Zact's board during a phase of broadening brand awareness and deeper industry engagement.

Zact and ITILITE partner to streamline business travel, expense and payments experience

Retrieved on: 
Thursday, August 19, 2021

Zact and ITILITE streamline business travel, expense and payments experience

Key Points: 
  • Zact and ITILITE streamline business travel, expense and payments experience
    According to Holger Taubmann, Regional CEO Dach at Lowell and previously SVP of Distribution at Amadeus, "Today, most companies deal with delays and non-compliance in managing and reporting travel spend because of siloed applications and antiquated technology solutions.
  • Given that travel is one of the largest discretionary spending areas for organizations world-wide, interoperability in the space is crucial."
  • ITILITE is an all-in-one platform to manage business travel and expense reimbursements.
  • By integrating payments and expenses at a transaction level, Zact automates expense reporting, continuously reconciles expenses and payments, and provides visibility of expenses in accounting systems without delays.

Zact announces new CFO - Industry Veteran Stephen Going

Retrieved on: 
Tuesday, January 12, 2021

SARATOGA, Calif., Jan. 12, 2021 /PRNewswire/ --Zact, an emerging leader in Payments and Expense Management, appointed Steve Going as Chief Financial Officer (CFO).

Key Points: 
  • SARATOGA, Calif., Jan. 12, 2021 /PRNewswire/ --Zact, an emerging leader in Payments and Expense Management, appointed Steve Going as Chief Financial Officer (CFO).
  • Before Planar, Going was Vice-President and General Counsel at both Merix and Merant PLC.
  • A graduate of UCLA Law, Going was a Partner at Perkins Coie LLP in Portland, Oregon.
  • "Zact's increasing footprint in the marketplace has drawn incredible attention and I look forward to preparing for hyper-growth," said Going.

Zact announces the launch of its integrated Payments and Expense Management Platform

Retrieved on: 
Tuesday, November 24, 2020

SARATOGA, Calif., Nov 24, 2020 /PRNewswire/ --Zact, a Silicon Valley-based Fintech company, announced the launch of its integrated Payments and Expense Management platform.

Key Points: 
  • SARATOGA, Calif., Nov 24, 2020 /PRNewswire/ --Zact, a Silicon Valley-based Fintech company, announced the launch of its integrated Payments and Expense Management platform.
  • The Zact platform traverses the entire stack in expense and payments management, from the network players like Visa and MasterCard through to accounting systems enabling transaction-level expense reporting and continuous reconciliation.
  • The Zact platform represents not only a technological innovation but also a business design win, with no user-fees.
  • Architected exclusively to integrate payment networks and expense management in one solution, Zact effectively rejects out-of-policy expenses before the spend occursdelivering unprecedented management of expenses.