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Newswire Summaries

FIS, Signifyd launch Guaranteed Payments solution

Wednesday, June 29, 2022 — 10:37:23 (EDT)

JACKSONVILLE, Fla., June 29, 2022 – Financial technology leader FIS® (NYSE: FIS) announced today the launch of its Guaranteed Payments solution, becoming the only payments processor to offer a fully integrated solution designed to guarantee merchants increased eCommerce transaction approval rates and eliminate the financial liability of chargebacks due to fraudulent purchases. According to a recent survey, 9 out of 10 merchants lost revenue through payment fraud in the last year.[1] Fra...

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Inflation impacts buying habits, Paysafe finds

Wednesday, June 29, 2022 — 10:25:57 (EDT)

June 29, 2022; London, UK – As inflation rates rise across the globe, the resulting ‘cost-of-living crisis’ is forcing changes in consumer payment habits – with a particular focus on methods that help track spending. That’s according to new research* commissioned by leading specialised payments platform, Paysafe (NYSE: PSFE), surveying 11,000 consumers across Europe, North America and Latin America for the company’s ‘Lost in Transaction’ report, Consumer payment trends 2022: Navi...

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GLEIF showcases First Verifiable Legal Identifier

Wednesday, June 29, 2022 — 08:32:23 (EDT)

29 June 2022 - Basel – The Global Legal Entity Identifier Foundation (GLEIF) achieved a new milestone today in the realization of a global ecosystem for digital business identity with the first use of a verifiable Legal Entity Identifier (vLEI) to sign its 2021 annual report. The vLEI – a digitally trusted version of the LEI - meets an urgent, unmet need for automated digital verification of the legal identities of businesses everywhere. It enables a ‘zero trust security’ approach...

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GPS announces senior leadership changes

Wednesday, June 29, 2022 — 08:14:42 (EDT)

LONDON, 29 June 2022 – Global Processing Services (GPS), a leading global payment technology platform, has today announced the promotion of Joanne Dewar to Vice Chair. Kevin Schultz has also been appointed as Chief Executive Officer, effective immediately. Joanne will maintain her position on the GPS board, where she will focus on the group’s growth and global profile, and continue to work alongside Chair, Gene Lockhart, in a newly created Office of the Chair. Joanne had been CEO at GP...

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Flyp selects Galileo for gamified mobile banking

Tuesday, June 28, 2022 — 14:15:34 (EDT)

SALT LAKE CITY--(BUSINESS WIRE) June 28, 2022--Galileo Financial Technologies, a leading financial technology company owned and operated independently by SoFi Technologies, Inc. (NASDAQ: SOFI), today announced that its API-enabled financial technology powers Flyp. Flyp is a banking app and digital wallet, with gamified rewards, challenges, and quests to attract, engage and retain customers. Through its direct integration, Galileo’s underlying solution — complete with fraud indicators, analyt...

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Vergent, CRS to empower data-driven decisions

Tuesday, June 28, 2022 — 13:18:08 (EDT)

RIDDGELAND, Miss.--(BUSINESS WIRE)--Vergent LMS, a premier fintech lending platform, announced that it is partnering with CRS, the single platform for all credit, fraud, and compliance needs, to simplify compliance, unlock more data, and boost data-driven decisions for Vergent customers. CRS joins 25 years of credit industry expertise with modern technology to power smart, scalable lending. Vergent’s partnership with CRS will empower consumer lenders to make accurate, data-driven decision...

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EDPIA holds conference on future of EU digital payments

Tuesday, June 28, 2022 — 13:14:31 (EDT)

Brussels, Tuesday, 28 June 2022 – Today, the European Digital Payments Industry Alliance (EDPIA), representing independent Payment Services Providers (PSPs) headquartered in Europe, is holding its first conference to discuss the future of the Digital Payments Industry in Europe. EDPIA believes in the value of a strong European policy framework that enables intense competition between a variety of market-based solutions. It also supports Europe’s ambition to become a leader in the digit...

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Dock & Bay joins TreviPay’s payments and invoicing network

Tuesday, June 28, 2022 — 13:11:22 (EDT)

OVERLAND PARK, Kan., June 28, 2022 — Global financial technology company TreviPay today announced that Dock & Bay (D&B), a sustainable wholesaler that started with a quick-drying beach towel and has expanded to a wide-range of lifestyle categories including camping, fitness and beauty, has joined TreviPay’s Payments and Invoicing Network. Approved retailers will be able to select TreviPay as a payment method when checking out on D&B’s online store, making large orders quick and easy for bu...

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Fintech Currensea crowdfunded over £1 million in two hours

Tuesday, June 28, 2022 — 12:30:08 (EDT)

London, 28 June 2022: Fintech Currensea has surpassed its crowdfunding target in under two hours after launching on the Seedrs platform. Currensea, a money-saving travel card linked to existing current accounts, has already raised £1.35m from over 350 investors – 135% of its initial target. Due to high demand, Currensea has reappraised its crowdfunding target and is currently continuing to accept investment from UK investors for a short time on the Seedrs platform: https://www.seedrs.co...

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North American Bancard named 'Best of Breed' API

Tuesday, June 28, 2022 — 10:21:01 (EDT)

TROY, Michigan — North American Bancard, LLC, (NAB) a U.S.-based leader in electronic payment solutions, is pleased to announce that it has been honored by The Strawhecker Group (TSG) in its 2022 “Best of Breed” API Awards. The annual Best of Breed API Report, powered by TSG’s Gateway Enterprise Metrics (GEM) platform, ranks payment gateways’ overall API experience across two key assessments to provide insights and benchmarks on their developer integration experience. North ...

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