Virtual terminal (payment processing)

Interpace Biosciences Announces Record Third Quarter 2023 Financial and Business Results

Retrieved on: 
Wednesday, November 8, 2023
Nine Months, Burnell, LTD, Physician, EBITDA, Risk, Comerica, Credit, Collection, Virtual terminal (payment processing), YTD, Cryptocurrency, Video game, Q3

Q3 Revenue of $9.1 million; an 11% increase year-over-year

Key Points: 
  • Q3 Revenue of $9.1 million; an 11% increase year-over-year
    Q3 Reimbursement improvement up 11% year-over-year, driven by additional commercial contracts and collection initiatives
    PARSIPPANY, NJ, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Interpace Biosciences, Inc. (“Interpace” or the “Company”) (OTCQX: IDXG) today announced financial results for the third quarter ended September 30, 2023 and provided a business and financial update.
  • Third quarter Net Revenue was $9.1 million, a $0.9 million increase over third quarter 2022.
  • Loss from continuing operations in the third quarter of 2023 was $0.5 million, an improvement of $0.7 million from the prior-year quarter’s loss of $1.3 million.
  • Q3 represented the 3rd consecutive quarter of double-digit volume and revenue growth in 2023 compared to 2022, according to Chris McCarthy, Chief Financial Officer.

PayNetWorx Honored with Inclusion in Prestigious Dallas 100 List

Retrieved on: 
Tuesday, October 10, 2023
Virtual terminal (payment processing), VAN, Growth, Fintech, Dallas–Fort Worth metroplex, Cryptocurrency, Online shopping, Entrepreneurship

The company has been named as an honoree in the highly esteemed Dallas 100 list for 2023.

Key Points: 
  • The company has been named as an honoree in the highly esteemed Dallas 100 list for 2023.
  • The Dallas 100, presented annually by the SMU Cox Caruth Institute for Entrepreneurship, celebrates the achievements and growth of emerging businesses that have made a significant impact on the local economy.
  • "We are honored and thrilled to be recognized as one of the top-performing companies in the Dallas-Fort Worth area," said Trent Voigt, CEO of PayNetWorx.
  • The Dallas 100 list is compiled based on a rigorous evaluation of revenue growth and other key performance indicators, showcasing companies that have demonstrated exceptional entrepreneurial spirit and resilience.

Simpli.fi Continues To Invest In Its Software Platform With New Feature AdvantagePay

Retrieved on: 
Tuesday, September 19, 2023
Partnership, Workflow, API, Advantage, Risk, Advertising, Growth, DSP, Fraud, Virtual terminal (payment processing), CSI, Software, Mobile phone, Online shopping

FORT WORTH, Texas, Sept. 19, 2023 /PRNewswire/ -- Simpli.fi, the Advertising Success Platform that provides programmatic advertising and workflow solutions to agencies, brands, and media, today announced its company Advantage launched a new pay management offering AdvantagePay, available for all Advantage customers. The expansion is powered by an API integration with Simpli.fi's preferred partner, Edenred Pay (formerly CSI). 

Key Points: 
  • Additionally, AdvantagePay reduces risk by automating the A/P process, consolidates all payment items, and eliminates a paper trail, further minimizing the risk of fraud.
  • The launch of AdvantagePay marks Simpli.fi's first software update since the company expanded beyond a DSP+ solution provider, delivering the most relevant connections for advertisers and driving efficiencies across advertising procurement workflows.
  • Additionally, by streamlining all payment functions into one platform, users will have one source of truth for reporting.
  • Simpli.fi plans to release additional advancements to its software and hardware business throughout the remainder of the year.

New Research Reveals the ‘Payment Processing as a Business’ Opportunity for Banks

Retrieved on: 
Monday, October 10, 2022
Professional Services, Payments, Technology, Finance, Fintech, Banking, Adoption, Pressure, Insurance, Pedigree, Icon, IPF, Solution, Architecture, Human, Virtual terminal (payment processing), Research, Willem van Beusekom, Technology, Small intestinal bacterial overgrowth, Science and technology in Asia, Lloyds Banking Group, BNP Paribas, HSBC, Running, Cost, Compliance, Bank, Online shopping, Financial services, Cryptocurrency, Gerald Celente, A2A

In response, banks are increasingly turning to vendors and third parties for payments processing, enabling focus to remain on other strategic priorities.

Key Points: 
  • In response, banks are increasingly turning to vendors and third parties for payments processing, enabling focus to remain on other strategic priorities.
  • This market dynamic presents a sizeable opportunity for banks to adopt Payments Processing as a Business (PPaaB) strategies.
  • Although many banks already provide payment and banking services to other banks through existing correspondent banking models, there is significant potential to expand these opportunities further.
  • To download the full report, The Payments Processing Opportunity for Banks: Moving Account-Based Payments From Cost Centre to Revenue Stream, click here .

Navy Federal Auto Lending Earns Highest Score for Overall Satisfaction

Retrieved on: 
Thursday, December 16, 2021
Finance, Banking, Defense, Professional Services, Other Defense, Navy Federal Credit Union, Communication, Virtual terminal (payment processing), Credit, Workforce, Consumer, Industry, NCUA, CX

Navy Federal Credit Union announced today it received the highest score in the J.D.

Key Points: 
  • Navy Federal Credit Union announced today it received the highest score in the J.D.
  • The credit unions overall satisfaction score among Mass Market Issuers was 901 on a 1,000-point scale, scoring 56 points higher than the industry average.
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    At Navy Federal, member service is our number one priority, said Joe Pendergast, Vice President of Consumer Lending at Navy Federal.
  • Dedicated to its mission of service, Navy Federal employs a workforce of over 20,000 and has a global network of 350 branches.

Financial Automation Startup SnapAP Expands Its Leadership Team

Retrieved on: 
Tuesday, October 26, 2021
OCR, Head, Efficiency, Microsoft, Optical character recognition, Industry, Adoption, Sage, SNAPAP, CEO, Optics, Growth, CMO, Virtual terminal (payment processing), Sales, Online shopping

As CMO, Ms. Wijayasinha will lead marketing efforts by building out the brand and accelerating its growth across North America.

Key Points: 
  • As CMO, Ms. Wijayasinha will lead marketing efforts by building out the brand and accelerating its growth across North America.
  • SnapAP is a cloud-based Purchase-To-Payment technology platform generating business operating efficiencies in the areas of Requisitioning, Procurement, Purchasing, Delivery Tracking, Invoices Management and Payments Processing.
  • Currently over 50,000 users globally are accessing SnapAP daily to manage those activities with the SnapAP solution.
  • In addition, SnapAP facilitates the processing of over $200MM annually in payments between our client users and their suppliers and vendors, located worldwide.