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Introducing Solodev Digital: A Cloud Platform for Managing Identity, Martech, Digital Advertising, and Payment Processing

Retrieved on: 
Thursday, April 18, 2024

Solodev Digital also enables users and brands to build a stack of supported martech, digital advertising, and payment processing apps – and connect everything through one universal login.

Key Points: 
  • Solodev Digital also enables users and brands to build a stack of supported martech, digital advertising, and payment processing apps – and connect everything through one universal login.
  • This deters marketing teams from fluidly scaling and managing their martech, adtech, and payment tools while maintaining securely distributed user access.
  • Work with Solodev’s team of digital commerce experts and deploy the right solutions to power your payment processing.
  • “In an era of growing data privacy and security requirements, Solodev Digital is simplifying ID,” said Shawn Moore , CTO at Solodev.

Visa Reimagines Payment Acceptance for the ‘Click-and-Mortar' Era

Retrieved on: 
Wednesday, April 17, 2024

“The payments sector has made significant strides in simplifying the consumer shopping experience. In doing so, the payments ecosystem has become more complex and fragmented for sellers -- but it doesn’t have to be this way,” said Rob Cameron, Global Head of Acceptance Solutions, Visa. “Visa Acceptance Solutions allows businesses worldwide to offer their customers best-in-class payment options without over-indexing on complexity for themselves.”

Key Points: 
  • Visa (NYSE: V), a global leader in digital payments, is offering sellers expansive, simplified services to keep pace with those demands.
  • In doing so, the payments ecosystem has become more complex and fragmented for sellers -- but it doesn’t have to be this way,” said Rob Cameron, Global Head of Acceptance Solutions, Visa.
  • Visa Acceptance Solutions offers a level of connectivity and flexibility that businesses can’t build on their own without heavy technology investment, underscoring the importance of integrating digital and physical retail.
  • As a part of Visa’s value-added services, cloud-ready solutions like the Visa Acceptance Platform and Visa’s Tap to Phone payment solution have helped clients scale their businesses and tailor their payment systems to meet consumer needs.

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.

Choice Names Payments Sector Leader David Lamoureux New Chief Executive Officer

Retrieved on: 
Tuesday, May 2, 2023

Choice, a global payments platform that enables over $4 billion in volume on behalf of approximately 8,000 customers annually, and a Nexa Equity portfolio company, announced today that David Lamoureux has been appointed as the company's new Chief Executive Officer.

Key Points: 
  • Choice, a global payments platform that enables over $4 billion in volume on behalf of approximately 8,000 customers annually, and a Nexa Equity portfolio company, announced today that David Lamoureux has been appointed as the company's new Chief Executive Officer.
  • Lamoureux most recently served as Choice’s Chief Financial Officer and is a member of the company’s Board of Directors.
  • Lamoureux has a successful 25-year track record in the payments sector as an executive, consultant, and advisor with significant expertise in M&A, technology, and finance.
  • His impressive track record in the payments sector and his vision for the future of Choice make him the ideal leader to build upon our success.

Bankful Excited to Announce New SVP Of Strategy & Partnerships

Retrieved on: 
Wednesday, April 19, 2023

THOUSAND OAKS, Calif., April 19, 2023 /PRNewswire-PRWeb/ -- Bankful, a leading payment solutions provider, is proud to announce the appointment of Dominic Brown as its new Senior Vice President,Strategy and Partnerships. Brown brings over 25 years of experience in the payment industry, having worked for several global industry leaders Including WorldPay, Cybersource, and Visa.

Key Points: 
  • Bankful strengthens leadership team with the addition of Dominic Brown, as New SVP of Strategy & Partnerships
    THOUSAND OAKS, Calif., April 19, 2023 /PRNewswire-PRWeb/ -- Bankful , a leading payment solutions provider, is proud to announce the appointment of Dominic Brown as its new Senior Vice President,Strategy and Partnerships.
  • Brown brings over 25 years of experience in the payment industry, having worked for several global industry leaders Including WorldPay, Cybersource, and Visa.
  • For the next decade, Brown worked in a variety of leadership roles overseeing the Strategic Alliances & Business Development teams at Cybersource.
  • "We are thrilled to welcome Brown to the Bankful team," said David Silverton, CEO of Bankful.

Modern Treasury Announces Reconciliation Engine to Drive Greater Efficiency and Financial Transparency for Companies

Retrieved on: 
Monday, April 17, 2023

Nacha Smarter Faster Payments 2023 -- Modern Treasury , the operating system for the new era of payments, today announced its expanded Reconciliation Engine, which automates and simplifies end-to-end cash reconciliation for businesses.

Key Points: 
  • Nacha Smarter Faster Payments 2023 -- Modern Treasury , the operating system for the new era of payments, today announced its expanded Reconciliation Engine, which automates and simplifies end-to-end cash reconciliation for businesses.
  • Today, many businesses struggle with financial reconciliation, which involves mapping a business’s intended payments against corresponding cash movement at banks and processors to track and confirm payment statuses.
  • These options increase financial exposure because businesses lack real-time and complete insight into their finances at any given moment; they also introduce operational costs and bottlenecks—pain points that Modern Treasury’s Reconciliation Engine solves.
  • “Using Modern Treasury’s Reconciliation Engine, finance and treasury teams have the ability to run their operations more effectively, efficiently, and with real-time visibility and control,” says Matt Marcus, co-founder, and Chief Product Officer of Modern Treasury.

Top Ten Payments Companies Processed $9 Trillion in 2022 Payment Card Volume

Retrieved on: 
Wednesday, March 29, 2023

Collectively, the companies highlighted process over 90% of all card payment volume in the U.S.

Key Points: 
  • Collectively, the companies highlighted process over 90% of all card payment volume in the U.S.
    2022 in many ways marked the first return to “normalcy” since the onset of the pandemic as several companies outpaced the combined average card volume growth of Visa, Mastercard, Discover, and American Express (12.6%), with notable examples of size being Adyen, Square, Stripe, Toast, and Shift4 all experiencing payment volume growth in excess of 20% in 2022.
  • Nearly 90% of the payment volume shown in TSG’s directory is processed by the top twenty-five listed companies.
  • The top five players processed an estimated $6.5 trillion in card volume in 2022.
  • Five of the top ten players listed grew their 2022 volume by more than the combined average volume growth of Visa, Mastercard, Discover, and American Express of 12.6%.

Visa Rolls Out New Offers for Small Businesses

Retrieved on: 
Wednesday, February 8, 2023

With Visa SavingsEdge , eligible Visa Small Business cardholders can unlock automatic savings and discounts on business-related services and goods through their card issuer, including brand-new offers from Bench Accounting and Yahoo.

Key Points: 
  • With Visa SavingsEdge , eligible Visa Small Business cardholders can unlock automatic savings and discounts on business-related services and goods through their card issuer, including brand-new offers from Bench Accounting and Yahoo.
  • With Visa SavingsEdge, when small businesses use their business card, they can take advantage of offers and discounts with key business-related suppliers while helping to support their bottom line.”
    Small Business cardholders can get more from their Visa Business card and save on expenses from nearly 60 merchants through Visa SavingsEdge.
  • Cardholders can connect their Visa Small Business card to seamlessly pull in transaction data for easy automated bookkeeping, reporting and tax preparation.
  • For more small business resources, visit the Visa Small Business Hub or to find out more about or redeem Visa Business cardholder offers, visit Visa SavingsEdge .

Authvia Awarded Patent for Text to Pay Bill Payment Technology

Retrieved on: 
Thursday, July 14, 2022

Authvia, the leader in conversational commerce technology and the premiere provider of text to pay solutions, announced the issuance of U.S. Patent No.

Key Points: 
  • Authvia, the leader in conversational commerce technology and the premiere provider of text to pay solutions, announced the issuance of U.S. Patent No.
  • Authvias patented technology, TXT2PAY, allows customers to quickly and easily pay any business with a simple text response.
  • This patent provides our ISV, CPaaS and payment industry partners an easy button for delivering integrated conversational commerce solutions.
  • Authvia connects a business, consumer, and payment processor quickly and easily, expediting cash flow and streamlining payment processes.

Cybersource Joins Spreedly's Payment Service Provider Program

Retrieved on: 
Tuesday, May 24, 2022

DURHAM, N.C., May 24, 2022 /PRNewswire/ -- Spreedly, the provider of the leading Payment Orchestration platform, announced today that Cybersource, a Visa solution, has joined the Spreedly Payment Service Provider Program as a preferred partner.

Key Points: 
  • DURHAM, N.C., May 24, 2022 /PRNewswire/ -- Spreedly, the provider of the leading Payment Orchestration platform, announced today that Cybersource, a Visa solution, has joined the Spreedly Payment Service Provider Program as a preferred partner.
  • Through one API integration, Spreedly provides access to Cybersource's robust set of solutions including fraud management, payment acceptance and security.
  • "By participating in this program with Spreedly, our partners further extend their global reach and accelerate the onboarding of new merchants and platforms.
  • Hundreds of customers worldwide secure card data in our PCI-compliant vault and use tokenized card data to enable and optimize nearly $40 billion of annual transaction volumes with any payment service.