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Priority and Ahrvo Labs Announce Strategic Technology Partnership

Retrieved on: 
Tuesday, April 23, 2024

Priority Technology Holdings, Inc., (Priority), a leading platform for unified commerce that delivers integrated payments and banking at scale, has announced a strategic partnership with Ahrvo Labs Inc., through Ahrvo’s Portable Identity Gateway.

Key Points: 
  • Priority Technology Holdings, Inc., (Priority), a leading platform for unified commerce that delivers integrated payments and banking at scale, has announced a strategic partnership with Ahrvo Labs Inc., through Ahrvo’s Portable Identity Gateway.
  • Ahrvo Labs' ability to onboard other organizations as program managers through a single process further amplifies the partnership's impact.
  • Through this partnership, both Priority and Ahrvo Labs continue their commitment to enabling greater access to essential financial services for businesses and consumers across the U.S.
    "We are excited to partner with Priority to enhance access to payment and banking services for businesses and financial institutions," said Appo Agbamu, CEO of Ahrvo Labs.
  • Our partnership with Priority enables us to get clients onboarded with commercials executed quickly, typically in less than two weeks.

Lori Pagnozzi Joins Valor PayTech as the New VP of POS Integrations

Retrieved on: 
Wednesday, April 10, 2024

Valor PayTech, a leading innovator in the payment technology industry, is thrilled to announce the appointment of Lori Pagnozzi as the new Vice President of Point of Sale (POS) Integrations.

Key Points: 
  • Valor PayTech, a leading innovator in the payment technology industry, is thrilled to announce the appointment of Lori Pagnozzi as the new Vice President of Point of Sale (POS) Integrations.
  • Lori joins the Valor PayTech executive team with a stellar reputation for her strategic focus on enhancing the client's journey.
  • "We are beyond excited to welcome Lori Pagnozzi to the Valor PayTech team.
  • Valor PayTech cordially invites members of the fintech community and all interested parties to meet Lori Pagnozzi at the ETA Transact Conference in booth 1235.

Transmission and Resource Planning Expert Akarsh Sheilendranath Rejoins The Brattle Group as Principal

Retrieved on: 
Tuesday, April 23, 2024

BOSTON, April 23, 2024 /PRNewswire/ -- The Brattle Group has welcomed Akarsh Sheilendranath to its Boston, MA office as a Principal in the firm's Electricity Wholesale Markets & Planning practice.

Key Points: 
  • BOSTON, April 23, 2024 /PRNewswire/ -- The Brattle Group has welcomed Akarsh Sheilendranath to its Boston, MA office as a Principal in the firm's Electricity Wholesale Markets & Planning practice.
  • Mr. Sheilendranath, who previously worked at Brattle and will be based in Houston, specializes in electric transmission, regulatory corporate finance, and resource planning and strategy.
  • "We are thrilled to welcome Akarsh back to Brattle," said Torben Voetmann, Brattle President & Principal.
  • This includes cost of capital and risk assessments, transmission policy, utility resource planning, renewables and electric storage valuation, investment strategy, resource adequacy matters, and electricity market rules and tariffs.

MagTek Expands Access to the Magensa Payment Protection Gateway with DishOut Partnership and Certification of PAX Terminals

Retrieved on: 
Wednesday, April 17, 2024

SEAL BEACH, Calif., April 17, 2024 /PRNewswire-PRWeb/ -- MagTek, a global leader in payment technology and security solutions, is pleased to announce the impending certification of PAX payment terminals on the Magensa Payment Protection Gateway (MPPG). This strategic collaboration bolsters Magensa's robust ecommerce, alternative payment, and tokenization capabilities with new card present device options, providing a comprehensive set of L3 certified solutions to multiple payment processors benefiting integration partners and merchants.

Key Points: 
  • SEAL BEACH, Calif., April 17, 2024 /PRNewswire-PRWeb/ -- MagTek, a global leader in payment technology and security solutions, is pleased to announce the impending certification of PAX payment terminals on the Magensa Payment Protection Gateway (MPPG).
  • "This certification marks an important milestone for MagTek, our Magensa Gateway, and our ISV partners," said Andy Deignan, CEO of MagTek.
  • "By integrating a wide variety of PAX terminals in collaboration with DishOut to our Magensa Payment Protection Gateway, we are expanding our suite of secure hardware options, empowering merchants with innovative and reliable Android-based solutions for their payment needs."
  • MagTek's partnership with DishOut, highlighted for their device and gateway integration support, further enhances the capabilities of the Magensa Payment Protection Gateway for both ISOs and ISVs.

Verifone Wins “Best Point of Sale Solution” Designation in 8th Annual FinTech Breakthrough Awards Program

Retrieved on: 
Tuesday, April 2, 2024

The Verifone T650 is a best-in-class payments solution that operates on a sophisticated AndroidTM platform.

Key Points: 
  • The Verifone T650 is a best-in-class payments solution that operates on a sophisticated AndroidTM platform.
  • Offering flexibility and a user-friendly experience, the T650 is designed for efficiency, security and extended lifetime.
  • Verifone T650 enables merchants to safely accept all payment types, and backs each transaction with end-to-end security.
  • We’re excited to accept this award from FinTech Breakthrough, recognizing our continued adaptability and force to push innovation to the payment space,” said Himanshu Patel, Verifone CEO.

RYVYL Reports Record Full Year 2023 Revenue of $65.9 Million, Up 100% Compared to 2022

Retrieved on: 
Tuesday, March 26, 2024

SAN DIEGO, CA, March 26, 2024 (GLOBE NEWSWIRE) -- RYVYL Inc. (NASDAQ: RVYL) ("RYVYL” or the "Company"), a leading innovator of payment transaction solutions leveraging proprietary blockchain ledger and electronic token technology for the diverse international markets, reported its financial results for the fourth quarter and fiscal year ended December 31, 2023.

Key Points: 
  • Record fourth quarter 2023 and fiscal year 2023 revenue both doubled to $22.3 million and $65.9 million, respectively, over the same time periods in 2022.
  • 2023 FX and International payments had $590 million in business volume, 14% higher than the third quarter 2023.
  • Q4 2023 North America revenue increased 85% to $16.6 million and international revenue increased 165% to $5.6 million, compared to Q4 2022.
  • North America revenue increased 71% to $48.9 million and EU revenue increased 294% to $16.9 million, compared to 2022.

GETTRX™ CEO Steve Bryson and President Roberto Sato Announced as Finalists for 2024 Banking Tech Awards

Retrieved on: 
Wednesday, April 3, 2024

The Banking Tech Awards, hosted by FinTech Futures, has revealed their list of finalists for their awards categories, with GETTRX™ represented in two of the Tech Leadership awards .

Key Points: 
  • The Banking Tech Awards, hosted by FinTech Futures, has revealed their list of finalists for their awards categories, with GETTRX™ represented in two of the Tech Leadership awards .
  • GETTRX™ CEO Steve Bryson is a finalist in the Tech Leadership Visionary CEO category, while the company’s President and CIO Roberto Sato is a finalist in the Rising Tech Star category.
  • FinTech Futures uses its Banking Tech Awards to spotlight outstanding businesses and professionals in fintech.
  • This acknowledgement within the fintech industry is just one of several ways in which GETTRX™ has enjoyed a significant 2024.

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.

EverGlade Consulting Funding Alert: ARPA-H Transitions to Mission Office-Specific Innovation Solutions Openings to Allow Funding Under Cooperative Agreements and OTAs

Retrieved on: 
Thursday, February 22, 2024

HOUSTON, Feb. 22, 2024 /PRNewswire/ -- The Advanced Research Projects Agency for Health ("ARPA-H") recently announced a shift in how the agency will fund health-related technology research and development. ARPA-H will transition to Mission Office-Specific Innovation Solutions Openings (ISOs) to allow funding under cooperative agreements and "other transactions". This change provides flexibility outside the traditional grant and contract structure governed by Federal Acquisition Regulation, making it possible for non-traditional government contractors to apply for and receive ARPA-H funding.

Key Points: 
  • ARPA-H will transition to Mission Office-Specific Innovation Solutions Openings (ISOs) to allow funding under cooperative agreements and "other transactions".
  • Effective March 14, 2024, ARPA-H will close the current Open-Office BAA and transition to Mission Office ISOs.
  • Effective March 14, 2024, ARPA-H will close the current Open-Office Broad Agency Announcement (BAA) and transition to Mission Office ISOs.
  • If your company is interested in pursuing ARPA-H funding and navigating the changes implemented with Mission Office ISOs, EverGlade Consulting is the right partner to help.

SurgePays Taps Derron Winfrey as Vice President

Retrieved on: 
Friday, February 16, 2024

BARTLETT, Tenn., Feb. 16, 2024 (GLOBE NEWSWIRE) -- SurgePays, Inc. (Nasdaq: SURG) (“SurgePays” or the “Company”), a technology and telecommunications company focused on the underbanked and underserved communities, announced today the appointment of Fintech and prepaid industry veteran Derron Winfrey as vice president, business development of the Company.

Key Points: 
  • BARTLETT, Tenn., Feb. 16, 2024 (GLOBE NEWSWIRE) -- SurgePays, Inc. (Nasdaq: SURG) (“SurgePays” or the “Company”), a technology and telecommunications company focused on the underbanked and underserved communities, announced today the appointment of Fintech and prepaid industry veteran Derron Winfrey as vice president, business development of the Company.
  • Upon joining SurgePays, he became president of SurgePays' prepaid division and has been serving in various business development and advisory roles.
  • In his new position, Mr. Winfrey will work with SurgePays President Jeremy Gies to help drive innovation by discovering, developing, and implementing new fintech products and services.
  • "Derron helped build the foundation of SurgePays' prepaid business," said Jeremy Gies, president of SurgePays.