Search Results for: Commercial Card
Citi Continues to Expand Its Impact Fund Portfolio with Five New Investments
More than Half of Fund’s Total Investments are in Minority-Owned and Women-Owned Companies Citi announced its next round of investments through the Citi Impact Fund, a $200 million fund launched in 2020 to invest in companies that are addressing some of the biggest societal challenges. The new companies included in......
Fintech & Travel Management Expert Kurt Knackstedt Joins HRS in Executive Role Overseeing Payment Solutions
Former Troovo CEO & ACTE President Named Chief Growth Officer; Charged with Expediting Adoption of HRS’ Payment Services HRS, the leading global corporate lodging platform, named internationally-renowned travel and payment executive Kurt Knackstedt to the new role of Chief Growth Officer, leading the company’s expanding payment solutions business. An established payment......
NDB Bank Appoints Axion to Deliver Sri Lanka’s first AI-based Video Know-Your-Customer Built by OneConnect to Engage Customers Remotely, Securely and Seamlessly
vKYC timely addresses the imperative need for Sri Lankans to open bank accounts, apply for loans and credit cards remotely amidst the pandemic First AI-based vKYC to roll out in Sri Lanka following the new regulation OneConnect’s vKYC will be deployed on an agile SaaS model that is intuitive and scalable National Development......
WEX Completes Acquisition of benefitexpress
WEX, a leading financial technology service provider, today announced that it has completed the acquisition of benefitexpress, a leading provider of highly configurable, cloud-based benefits administration technologies and services. WEX previously announced its entry into a definitive agreement to acquire benefitexpress on April 14, 2021. WEX expects the acquisition to......
Covid-19 Spending Habits – Has The Pandemic Caused An Increase In Acquirer Fraud?
As the Covid-19 virus started to spread around the globe and a sharp economic downturn became apparent in many sectors, acquirers, and the financial institutions who maintain merchant accounts in order to accept card payments, faced a decline in the number of transactions being processed through their systems, and therefore......
Rising Expectation Of ‘Cashless’ Societies Worldwide: A Second Annual Report By The Economist Intelligence Unit (EIU), Shows Growing Acceptance Of Digital Currencies, Accelerated By Covid-19
Consumers are increasingly adopting cashless payment methods while governments are stepping up planning or piloting of central bank digital currencies (CBDCs) and companies are experimenting with accepting open-source digital currencies, such as Bitcoin, for treasury or portfolio allocation. A cashless trend was already strong, according to the previous year’s research......
Building Transparency and Financial Data Exchange Engage Trevelino/Keller to Drive Reputation and Thought Leadership Position
Atlanta Marketing and Communications Leader Chosen For its Depth of Experience with Non-Profit Organizations Trevelino/Keller, an integrated PR, marketing and creative agency, announces new partnerships with Building Transparency and Financial Data Exchange (FDX). “We are drawn to partnerships with organizations dedicated to promoting a better way forward for their industry.......
Rapid Demand for Digital Payment Systems Being Fueled by Increasing Market Growth In Blockchain
Blockchain has emerged as a highly promising technology in the IT domain. It is an open, immutable, distributed public ledger that can be accessed by several parties involved in the transaction and acts as a universal depository of all transactions between the involved parties. The increasing acceptance of cryptocurrency worldwide......
MERGE Names Rob Powers Executive Vice President of Financial Services Practice
Powers adds broader financial services category expertise and performance marketing leadership MERGE, a premium storytelling technology company, announced that experienced veteran, Rob Powers, is joining the agency as Executive Vice President of the Financial Services practice area. Powers will be responsible for leading the agency’s Financial Services accounts and bringing......