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Newswire Summaries

Single CRM platform disrupting SMB electronic commerce

Friday, May 13, 2022 — 12:48:17 (EDT)

(North Sydney, Australia) May 13, 2022—The need for online storeowners to maximize their valuable time and compete against the big stores is more urgent than ever with U.S. e-commerce sales expected to exceed $1 trillion for the first time this year. Previously, they were not forecasted to reach this milestone until 2024.(1) In 2021, the number of small businesses in the US alone reached 32.5 million, making up nearly all (99.9 percent) of US businesses.(2) Globally, COVID-19 increased online ...

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Wink biometric payments, ID platform gains seed funding

Friday, May 13, 2022 — 12:31:23 (EDT)

PLANO, TEXAS (PRWEB) MAY 10, 2022--Wink is on a mission to eliminate identity theft and payments fraud on the internet while enhancing user convenience and speed for e-commerce transactions. Wink announced the successful close of a pre-seed funding round of $2.85 million, highly oversubscribed against its goal of $1 million. Wink’s biometric payments and identity platform uses advanced face, voice and device recognition combined with AI and Machine learning, to truly eliminate passwords and ca...

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Stax wins awards for sustained success, company culture

Friday, May 13, 2022 — 12:28:34 (EDT)

ORLANDO, FLA. (PRWEB) MAY 10, 2022--Stax, the all-in-one payments API provider, has been recognized by the Women Presidents Organization (WPO) and by Inc. for its sustained success and standout company culture, respectively. These accolades acknowledge Stax’s company growth over the last year as well as its continued effort to prioritize its employees. Stax and CEO Suneera Madhani ranked third on the WPO’s 50 Fastest Growing Women-Owned/Led Companies of 2022. Stax previously ranked sixth ...

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PayNearMe wins 2022 Consumer Payments Innovation Award

Friday, May 13, 2022 — 12:25:33 (EDT)

SANTA CLARA, Calif., March 17, 2022 – PayNearMe, the modern and reliable payments platform known for making payments easy for both businesses and consumers, has been selected as winner of the “Consumer Payments Innovation Award” in the sixth annual FinTech Breakthrough Awards program conducted by FinTech Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies and products in the global FinTech market. This is the third consecutive year ...

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Mercator: NFTs will drive net new spending

Friday, May 13, 2022 — 12:18:04 (EDT)

BOSTON (PRWEB) MAY 12, 2022--New Mercator research NFTs and Financial Institutions: Planning an Implementation That Manages the Risks delivers an in-depth look at what NFTs are and how various NFT markets will impact your existing account holders. Mercator identifies the risks associated with most existing NFT platforms and suggests mechanisms the financial industry could implement to reduce those risks, both for themselves and for all those consumers who decide to participate in an NFT market. ...

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HashCash plans development center in Dubai

Friday, May 13, 2022 — 12:15:04 (EDT)

PALO ALTO, CALIF. (PRWEB) MAY 13, 2022--The global blockchain development company, HashCash Consultants, announces expansion plans, only a week after revealing its intent of constructing an operation center in the Bengal Silicon Valley, Kolkata, India. This time the company reveals its plans of setting up facilities in Dubai. In their earlier publications, HashCash management had given a clear indication of their growth in the MENA region as well as the positive impact they were bringing on t...

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Nacha renews Paychex's certified status

Friday, May 13, 2022 — 12:13:15 (EDT)

HERNDON, VA. (PRWEB) MAY 13, 2022--When the Nacha Certified program began in 2018, Paychex, Inc., a leading provider of integrated human capital management software solutions for human resources, payroll, benefits, and insurance services, was the first payroll provider to achieve Nacha certification. In 2020, it secured a two-year renewal, and today, Paychex has once again been approved as Nacha Certified through May 2024. The Nacha Certified program helps Third-Party Senders in the ACH Netwo...

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Stacey Wiles the new CEO at Delta Payment Solutions

Friday, May 13, 2022 — 12:10:52 (EDT)

BOSTON, MA (May 13, 2022) – Delta Payment Solutions, the management arm of Delta Payment Cooperative, is happy to announce that Stacey Wiles has been appointed to the new role of Chief Executive Officer. An experienced business leader with an accomplished payments industry background spanning more than two decades, Stacey will succeed Irwin Grossman, former CEO and one of Delta’s original three founders. Irwin will continue to play an active role with Delta Payment Solutions as its Exe...

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Token.io secures $40m to scale EU open banking

Friday, May 13, 2022 — 07:01:23 (EDT)

Thursday 12 May, 2022 – Open banking payments platform, Token.io, today announces it has raised $40 million in a Series C funding round co-led by Cota Capital and TempoCap, with participation by Element Ventures, MissionOG, PostFinance and existing investors Octopus Ventures, Opera Tech Ventures and SBI Investment. Torch Partners advised on the financing. The funding comes from a group of investors with deep expertise in fintech and payments, with track records of backing disruptive paym...

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Merchants Payment Coalition urges Fed to finalize debit proposal

Thursday, May 12, 2022 — 15:33:48 (EDT)

WASHINGTON, May 12, 2022 – As the Senate confirmed Chairman Jerome Powell for another term today, the Merchants Payments Coalition called on the Federal Reserve to finalize a year-old proposal clarifying that merchants can choose which payment networks process debit card transactions regardless of whether purchases are made in stores or online. “It’s been a full year since the Fed said it wanted to resolve this issue once and for all, and the Senate has now given Chairman Powell a vot...

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