AccessPay Announces Directorship Appointments to Drive Strategic Growth and Innovation
Celero Commerce announced the acquisition of SONA
August 7, 20243 min
Celero Commerce (“Celero”), Tennessee’s fastest-growing financial services company (INC 500), announced the acquisition of SONA, a provider of electronic payments technology to businesses across Canada. With the addition of Halifax Nova Scotia-based SONA, Celero will process approximately $26 billion in annual card volume across North America. Founded in 2016, SONA offers payment solutions for small and medium-sized merchants, providing them with pricing transparency, impeccable customer service, and state-of-the-art technologies. The company primarily serves merchants via...
Cross River Announces Three New Members to Board of Directors
August 6, 20249 min
CRB Group, Inc., the parent company of Cross River Bank, a technology infrastructure provider that offers embedded financial solutions, announced it has appointed three new members to its Board of Directors (“Board”), effective July 1, 2024: Roland Fryer, Richard Laxer and Gabrielle Vitale. “The appointment of Roland, Richard and Gabrielle to our Board signals our commitment to Cross River’s next stage of growth,” said Gilles Gade, Founder, CEO and Chairman of Cross River. “We exist...
Thredd and Zilch announced Growth and Renewed Partnership
August 5, 20247 min
Thredd, the rapidly expanding next-generation global payments platform, reports both industry-wide growth in fintech-led digital payments and the renewal of its partnership with Zilch, the world’s first ad-subsidised payments network (ASPN). This positive trajectory, coupled with recent product and market expansion, adds further momentum to Thredd’s leadership in modern payments processing. “2024 continues to build on the robust foundation we established in 2023. Our clients, both new and old, are driving strong transaction growth, through a...
XXImo appoints Rick Centeno as its new CEO
August 5, 20244 min
XXImo, the innovative mobility payment platform provider, is excited to announce the appointment of Rick Centeno as its new CEO, effective August 1, 2024. Centeno will spearhead the company’s mission to become the foremost provider of payment solutions in the European mobility sector. Rick Centeno brings a wealth of experience to XXImo, having been involved with the company since June. His impressive track record in scaling and transforming payment organizations at renowned companies such as Zalando and Booking.com makes...
Nacha Preferred Partner Program Adds Four New Categories
August 2, 20244 min
Four new categories of Nacha Preferred Partners were unveiled, doubling the number of categories available for organizations to showcase their leadership in the ACH Network. Nacha Preferred Partners offer products and services that align with Nacha’s core strategies to advance the modern ACH Network. The new categories are: Account Validation: Boosting transaction accuracy and reducing risk on the ACH Network through advanced verification technologies, real-time validation and fraud detection mechanisms. Fraud Monitoring: Enhancing ACH transaction...
Business Payments at Risk from AI-Driven Executive Impersonations
August 1, 20246 min
Business Email Compromise (42%) Remains a Top Source of Payment Fraud
Emburse and Finexio Announce Strategic Relationship
July 31, 20245 min
Partnership delivers faster, flexible payment processing, and increases customers’ rebate opportunities
Lisbon operation underscores Arcesium’s commitment to tapping best investment industry technology talent and serving growing network of clients on the ground in Europe
WorldFirst announced the launch of a new function
July 30, 20246 min
WorldFirst, a one-stop digital payment and financial services platform for global businesses, especially serving SMEs in international trade, has launched a function to enable real-time payment between holders of its flagship multicurrency business account World Account as WorldFirst continues to increase speed and efficiency of secure international business payment. This function will benefit British and European SMEs that import from international markets. This capability allows these businesses to promptly pay their overseas suppliers free of...