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Newswire Summaries

Fulfillment issues hurt Shopify's stock

Monday, August 08, 2022 — 10:09:50 (EDT)

(San Francisco) August 8, 2022 — In the past 12 months, shares of Shopify are down about 50% and are currently hovering around $727. The ecommerce company anticipates revenue growth for the full year to be lower than the 57% achieved in 2021.(1) The rise of e-Commerce 3.0 has been a catalyst for major changes in e-Commerce, precipitated by COVID and the great resignation over the past couple of years. The pent-up demand forced upon e-Commerce by the pandemic and intolerant consumers who are de...

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AstroPay launches Global Affiliates Programme

Monday, August 08, 2022 — 10:06:29 (EDT)

London, 8th August 2022 | AstroPay, the online payment solution of choice for millions of users worldwide, has launched a flagship global Affiliate Programme to provide revenue generating opportunities to individuals and businesses that want to generate online income and grow their business. The new programme is aimed at increasing AstroPay’s consumer base worldwide, while ensuring that those who are professionally dedicated to affiliate marketing can rely on a solid partner to thrive. A...

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Neofy partners with HPS in digital card solution

Monday, August 08, 2022 — 07:44:00 (EDT)

London, 8 August 2022 – Neobanks are shaking up the fintech (financial technology) industry with their innovative technologies and unique business models. Sometimes referred to as “challenger banks,” neobanks are fintech companies that offer financial services solely digitally or via a mobile app, without physical branches. Over the past years, as customers have become increasingly comfortable using technology platforms, client banking preferences have shifted to a more convenient, ...

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Financial Stability Board supports global LEI use

Monday, August 08, 2022 — 07:40:00 (EDT)

Basel, Switzerland -- 8 August 2022 -- The Financial Stability Board (FSB) has put its full weight behind a landmark recommendation that the LEI should be widely adopted across the global payments ecosystem. In July 2022, the FSB published a report encouraging global standards-setting bodies and international organizations with authority in the financial, banking, and payments space to drive forward LEI references in their work. The report also recommends guidance and further outreach on the use...

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Serrala appoints CEO to drive global growth

Monday, August 08, 2022 — 07:35:42 (EDT)

Hamburg, August 8, 2022: Serrala, a global financial automation and B2B payments software company, has appointed senior industry leader Hartmut Wagner as its new CEO. His appointment formally takes effect from August 15, 2022. The transition comes as part of the company’s mission to continue accelerating its ongoing global growth and innovation program, which has seen Serrala transformed from a regional to global player with over 100M USD ARR under current CEO Sven Lindemann’s leadership. ...

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Specops finds major weaknesses in five popular web services

Friday, August 05, 2022 — 13:07:17 (EDT)

STOCKHOLM (PRWEB) JULY 19, 2022--Specops Software, a leading provider of password management and user authentication solutions, today released new research finding major cybersecurity weaknesses in popular web services including Shopify, Zendesk, Trello, and Stack Overflow. Amid a wave of cybersecurity incidents related to the COVID-19 pandemic, remote work, and nation-state activity, password security is more important than ever. However, this new research reveals that several popular busine...

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Crypto investigations need upgrade, says PayBit CEO

Friday, August 05, 2022 — 13:03:35 (EDT)

PALO ALTO, CALIF. (PRWEB) AUGUST 05, 2022--Rapid global crypto growth has indirectly contributed to a rise in cybercriminal activities. While challenging, it is not impossible to track and trace the whereabouts of hackers using crypto across their illegal operations. PayBito Chief Raj Chowdhury remarked on the need for law regulators and enforcement agencies to upgrade the existing system infrastructure, recommending the use of blockchain-powered solutions. Crypto crimes have witnessed record...

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DigitalFlyer adopts Centric Payments platform

Friday, August 05, 2022 — 12:36:54 (EDT)

LONDON (PRWEB) AUGUST 04, 2022--Centric’s COO Tommy Butcher announced a new partnership with DigitalFlyer, an online marketing platform based in South Africa. Described as a “business directory on steroids,” DigitalFlyer makes it easy for customers to find services they are looking for, and for businesses to be found effortlessly. DigitalFlyer calls itself the “business directory 3.0.” The platform allows customers to find and purchase products, services, and tickets to events. User...

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Blackhawk Network, Vooks expand digital gifting

Friday, August 05, 2022 — 10:06:52 (EDT)

PLEASANTON, Calif.--(BUSINESS WIRE)--August 04, 2022-- As parents and caregivers seek reading resources for children as they head back to school, global branded payments provider Blackhawk Network and Vooks, the world’s first ad-free SVOD streaming platform bringing children’s storybooks to life through animation and read-along narration, have teamed up to expand the streaming platform’s digital gift card program, making it easy to give the gift of reading. The partnership leverages Blackh...

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iCG names Keia Nouse as chief revenue officer

Friday, August 05, 2022 — 09:02:47 (EDT)

Fort Myers, FL -- Aug. 5, 2022 --As iCheckGateway.com, iCG, moves into a robust corporate strategy to accelerate payments simply, securely, and reliably, adding a Chief Revenue Officer to the team became an essential next step. The recruiting team reviewed over 100 applications, and with excited success, Keia Nouse joins them to drive revenue generation departments to the next level. Mr Nouse developed and sold companies from start up to over $100 million in revenue. His track record poss...

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