Payment system

New Opportunities for International Businesses: TerraPay Partners with Multipass

Retrieved on: 
Tuesday, May 7, 2024

This strategic collaboration aims to offer unparalleled reliability, efficiency, and cost optimisation to businesses operating in the UK, Europe, and beyond.

Key Points: 
  • This strategic collaboration aims to offer unparalleled reliability, efficiency, and cost optimisation to businesses operating in the UK, Europe, and beyond.
  • Both organizations offer 24/7 customer support and dedicated personal account managers, emphasising the importance of human interaction alongside technological advancement.
  • Sudhesh Giriyan, President – Cross-Border Payments at TerraPay, expressed enthusiasm about the partnership, stating, "TerraPay is thrilled to collaborate with Multipass to revolutionize cross-border payments for their corporate customers.
  • "This operational expansion will broaden the global payment reach for UAE-based businesses from the very first day, providing them with a competitive edge and opportunities for business growth", he explains.

New Opportunities for International Businesses: TerraPay Partners with Multipass

Retrieved on: 
Tuesday, May 7, 2024

This strategic collaboration aims to offer unparalleled reliability, efficiency, and cost optimisation to businesses operating in the UK, Europe, and beyond.

Key Points: 
  • This strategic collaboration aims to offer unparalleled reliability, efficiency, and cost optimisation to businesses operating in the UK, Europe, and beyond.
  • Both organizations offer 24/7 customer support and dedicated personal account managers, emphasising the importance of human interaction alongside technological advancement.
  • Sudhesh Giriyan, President – Cross-Border Payments at TerraPay, expressed enthusiasm about the partnership, stating, "TerraPay is thrilled to collaborate with Multipass to revolutionize cross-border payments for their corporate customers.
  • "This operational expansion will broaden the global payment reach for UAE-based businesses from the very first day, providing them with a competitive edge and opportunities for business growth", he explains.

PAYZLI ANNOUNCES THE SELECTION OF MICHAEL LACAPRIA TO ITS BOARD OF DIRECTORS

Retrieved on: 
Monday, April 15, 2024

TAMPA, Fla., April 15, 2024 /PRNewswire/ -- United Payment Systems, LLC doing business as Payzli® today announced the selection of Michael Lacapria as a director to Payzli's Board of Directors.

Key Points: 
  • TAMPA, Fla., April 15, 2024 /PRNewswire/ -- United Payment Systems, LLC doing business as Payzli® today announced the selection of Michael Lacapria as a director to Payzli's Board of Directors.
  • Mr. Lacapria was selected to serve on Payzli's Board by Esquire Financial Holdings, Inc. ("Esquire") in connection with Esquire's $6 million strategic fintech investment in Payzli.
  • Payzli today announced the selection of Michael Lacapria as a director to Payzli's Board of Directors.
  • "I am grateful for the trust and support of Esquire's executive management team in selecting me to serve on Payzli's Board.

TerraPay and Alfardan Exchange Join Forces for Advanced Digital Cross-Border Remittance Solutions

Retrieved on: 
Monday, March 11, 2024

This collaboration aims to leverage TerraPay's advanced digital payment infrastructure and Alfardan Exchange's established presence in the industry, marking a pivotal moment in the evolution of cross-border remittance solutions.

Key Points: 
  • This collaboration aims to leverage TerraPay's advanced digital payment infrastructure and Alfardan Exchange's established presence in the industry, marking a pivotal moment in the evolution of cross-border remittance solutions.
  • Known for creating seamless, secure, and accessible cross-border transaction solutions, TerraPay aims to revolutionize the digital payments landscape in partnership with Alfardan Exchange.
  • In terms of the partnership's specifics, the two companies will work together to establish advanced digital cross-border remittance solutions.
  • This collaboration between TerraPay and Alfardan Exchange represents a shared commitment to providing cutting-edge remittance solutions and driving financial inclusion globally.

TerraPay and Alfardan Exchange Join Forces for Advanced Digital Cross-Border Remittance Solutions

Retrieved on: 
Monday, March 11, 2024

This collaboration aims to leverage TerraPay's advanced digital payment infrastructure and Alfardan Exchange's established presence in the industry, marking a pivotal moment in the evolution of cross-border remittance solutions.

Key Points: 
  • This collaboration aims to leverage TerraPay's advanced digital payment infrastructure and Alfardan Exchange's established presence in the industry, marking a pivotal moment in the evolution of cross-border remittance solutions.
  • Known for creating seamless, secure, and accessible cross-border transaction solutions, TerraPay aims to revolutionize the digital payments landscape in partnership with Alfardan Exchange.
  • In terms of the partnership's specifics, the two companies will work together to establish advanced digital cross-border remittance solutions.
  • This collaboration between TerraPay and Alfardan Exchange represents a shared commitment to providing cutting-edge remittance solutions and driving financial inclusion globally.

Linux Foundation Launches Tazama: A Revolutionary Open Source Solution for Real-Time Fraud Management

Retrieved on: 
Wednesday, February 28, 2024

SAN FRANCISCO, Feb. 28, 2024 /PRNewswire/ -- Linux Foundation Charities (LF Charities), with support from the Bill & Melinda Gates Foundation, is proud to announce the launch of Tazama, a groundbreaking open source software solution for real-time fraud prevention. This launch marks a significant milestone in the evolution of digital financial services, introducing the first-ever open source platform dedicated to enhancing fraud management in digital payments.

Key Points: 
  • SAN FRANCISCO, Feb. 28, 2024 /PRNewswire/ -- Linux Foundation Charities (LF Charities), with support from the Bill & Melinda Gates Foundation , is proud to announce the launch of Tazama , a groundbreaking open source software solution for real-time fraud prevention.
  • This launch marks a significant milestone in the evolution of digital financial services, introducing the first-ever open source platform dedicated to enhancing fraud management in digital payments.
  • Tazama is the first open source platform for financial monitoring and fraud detection.
  • The Linux Foundation will help us accomplish our goals and fully embrace the open source ethos."

ESQUIRE FINANCIAL HOLDINGS, INC. ANNOUNCES STRATEGIC FINTECH INVESTMENT IN PAYZLI

Retrieved on: 
Thursday, January 11, 2024

JERICHO, N.Y., Jan. 11, 2024 /PRNewswire/ -- Esquire Financial Holdings, Inc. (NASDAQ: ESQ) (the "Company"), the financial holding company for Esquire Bank, National Association (the "Bank"), today announced that it closed on its committed investment of $6 million in United Payment Systems, LLC (doing business as Payzli) representing a 24.99% ownership interest in Payzli.

Key Points: 
  • JERICHO, N.Y., Jan. 11, 2024 /PRNewswire/ -- Esquire Financial Holdings, Inc. (NASDAQ: ESQ) (the "Company"), the financial holding company for Esquire Bank, National Association (the "Bank"), today announced that it closed on its committed investment of $6 million in United Payment Systems, LLC (doing business as Payzli) representing a 24.99% ownership interest in Payzli.
  • Payzli is an end-to-end payment technology company that acts as a single source for payment services, business management software, web enablement and mobile solutions.
  • "Payzli has forged its reputation on a straightforward mission - empowering individuals and enterprises to achieve excellence through exceptional fintech solutions.
  • This strong and unique strategic partnership with Esquire, combined with our Visa-direct platform, enables Payzli to bring to market technology and products that will revolutionize the merchant and partner experience," said the Payzli Founding Team.

IrisGuard drive transparency in financial and social services in Yemen

Retrieved on: 
Wednesday, December 13, 2023

The integration of IrisGuard's iris powered payment solution with MEPSYemen's comprehensive and innovative system provides a powerful and reliable financial service for salary assurance and aid distribution, with enhanced transparency and efficiency.

Key Points: 
  • The integration of IrisGuard's iris powered payment solution with MEPSYemen's comprehensive and innovative system provides a powerful and reliable financial service for salary assurance and aid distribution, with enhanced transparency and efficiency.
  • Founder and MD of IrisGuard, Mr. Imad Malhas commented, "This collaboration signifies a monumental step towards enhancing the efficiency & accountability of financial transactions and humanitarian assistance distribution in Yemen.
  • Dr. Kamal Abdulraqeeb Al-Subaihi, Director General of Payment Systems at the Central Bank of Yemen commented "This agreement is a significant step in developing technological services in Yemen.
  • He stated that "It will enhance the reliability of the services provided by the company, making them more efficient, accurate and faster."

IrisGuard drive transparency in financial and social services in Yemen

Retrieved on: 
Wednesday, December 13, 2023

The integration of IrisGuard's iris powered payment solution with MEPSYemen's comprehensive and innovative system provides a powerful and reliable financial service for salary assurance and aid distribution, with enhanced transparency and efficiency.

Key Points: 
  • The integration of IrisGuard's iris powered payment solution with MEPSYemen's comprehensive and innovative system provides a powerful and reliable financial service for salary assurance and aid distribution, with enhanced transparency and efficiency.
  • Founder and MD of IrisGuard, Mr. Imad Malhas commented, "This collaboration signifies a monumental step towards enhancing the efficiency & accountability of financial transactions and humanitarian assistance distribution in Yemen.
  • Dr. Kamal Abdulraqeeb Al-Subaihi, Director General of Payment Systems at the Central Bank of Yemen commented "This agreement is a significant step in developing technological services in Yemen.
  • He stated that "It will enhance the reliability of the services provided by the company, making them more efficient, accurate and faster."

WBS Dubai: Crafting Tomorrow's Digital Landscape

Retrieved on: 
Tuesday, November 7, 2023

The event featured thought-provoking discussions, keynote speeches, insightful keynote speeches that further delved into the current challenges and solutions from the blockchain space.

Key Points: 
  • The event featured thought-provoking discussions, keynote speeches, insightful keynote speeches that further delved into the current challenges and solutions from the blockchain space.
  • Sharing a common vision and passion for blockchain innovation, WBS hosted the regional finale of the Startup World Cup by Pegasus Tech Ventures.
  • With many ingenious innovators showcasing how their vision is transforming the global digital landscape.
  • Taking the conversation about the transformative next-gen solutions further, Trescon is proud to announce the inaugural edition of the Digital Acceleration and Transformation Expo at Delhi on 23rd-24th November 2023.