Latest news with #paymenttechnology
National Post
4 hours ago
- Business
- National Post
Trust Payments Selects Trulioo to Streamline Verification, Reduce Onboarding Costs and Power Global Growth
Article content Article content AMSTERDAM — Trulioo, an industry-leading identity platform with proven global coverage for person and business verification, today announced its partnership with Trust Payments, one of Europe's fastest-growing payment technology providers. Trust Payments will use Trulioo Workflow Studio, Business Verification, Person Match, Identity Document Verification and Watchlist Screening to unify its onboarding processes, support regulatory compliance and elevate the customer experience across regions. Article content Founded in 2019, Trust Payments has evolved into a full-suite, omnichannel payments and SaaS solutions group, surpassing £1 billion in monthly processing volume in 2024 and serving 20,000 businesses across Europe. The company meets rigorous EU and U.K. regulatory standards, including those set by the Financial Conduct Authority and Malta Financial Services Authority. Article content Prior to partnering with Trulioo, Trust Payments faced escalating costs and operational inefficiencies with a fragmented verification stack spanning five vendors. With Trulioo, the company now operates through a single, integrated platform that accelerates Know Your Customer and Know Your Business onboarding. Trust Payments went live with Trulioo in record time thanks to a strong collaboration that led to fast integration and API testing. Since implementing Trulioo capabilities, the company has achieved an 85% verification success rate in key markets and delivered more consistent onboarding experiences. Article content 'This partnership represents a new digital direction for our onboarding,' said Laurence Booth, Group CEO at Trust Payments. 'Our mission is to deliver innovative commerce solutions that help businesses achieve sustainable growth, and Trulioo is contributing to this effort. Trulioo has helped us transform our multivendor verification process into a more streamlined, automated experience, which aligns with our focus on improving service for our teams and customers. Article content Trulioo unites identity document, nondocument and business verification through a single API so global enterprises can optimize onboarding costs, improve conversion rates and meet compliance standards anywhere in the world. Article content 'Building trust online is more important than ever,' said Vicky Bindra, Trulioo CEO. 'Enabling high-growth companies such as Trust Payments to consolidate processes, reduce costs and scale confidently is exactly what we aim to deliver. We're excited to support its continued expansion across Europe and beyond.' Article content About Trust Payments: Trust Payments is a disruptive leader in fintech, specialising in frictionless payments and value-added services for online and offline merchants. We provide on-demand payments and commerce services to help businesses grow and scale online, in-store, and on mobile. Trust Payments combines these omnichannel services with powerful tools, such as retail operations technology, loyalty management and instant eCommerce. Trust Payments drives value for its clients across the UK and EU through personalised services, secure and frictionless payments, and innovative products. Small and medium-sized enterprises in any commerce setting particularly benefit from our 25 years' expertise. We have a global footprint and support the most complex business sectors – from retail, travel and hospitality to crypto, gaming, and financial services – offering 24/7 support at every stage to ensure truly seamless payments and system uptimes of 99.99%. Trust Payments has an acquiring network of over 50 global banks and supports hundreds of alternative payment methods. We are principal members of Visa and Mastercard and are authorised as Payment Institution by the UK Financial Conduct Authority (FCA). Our EU operations are regulated through our Malta entity, which is licensed by the Malta Financial Services Authority (MFSA) as a Payment Institution. Find out more at Article content About Trulioo: Trulioo is the world's identity platform, trusted by leading companies for their verification and fraud prevention needs. Offering business and person verification across the globe, Trulioo covers 195 countries and can verify more than 14,000 ID documents and 700 million business entities while checking against more than 6,000 watchlists. Trulioo enables global companies to prevent fraud with hundreds of predictive risk signals, consortium data and industry-specific machine learning models. Its comprehensive suite of in-house capabilities, integrated across a single automated platform, powers customizable onboarding workflows tailored to meet any market requirement. Combining its state-of-the-art technology with expertise across diverse markets, Trulioo enables the highest verification assurance levels, optimizing onboarding costs and fostering trust in the global digital economy. Article content Article content Article content Article content Contacts Article content Media: Article content Article content Article content
Finextra
5 days ago
- Business
- Finextra
Tribe and Finmo build bridge between Apac and Europe
Leading payment technology firm, Tribe Payments, has announced a strategic partnership with global Treasury Operating System (TOS), Finmo, to deliver integrated, end-to-end payment and treasury services to banking and fintech clients across key growth markets – notably Asia-Pacific (APAC) and Europe. 0 The new partnership combines Tribe's issuer and acquirer processing platform with Finmo's fast-scaling treasury and financial management system, which is licensed to move and manage money across 180 countries. Founded in 2018 as an issuer and acquirer processor, Tribe has evolved its payment platform to enable its customers to deliver frictionless, safe customer experiences at any point of the transaction flow. Merchants, banks, fintechs, issuers, and acquirers can all easily access a full ecosystem of products, allowing them to build, customise, and launch innovative payment solutions quickly, without sacrificing quality. Headquartered in London with offices across Europe, Tribe is globally connected to Mastercard, Visa, American Express, UnionPay International, Discover and JCB - providing unrivalled connectivity through a single integration. The collaboration with Finmo also marks another milestone in Tribe's APAC expansion, having opened its new regional HQ in Singapore in October 2024. By partnering with Finmo, Tribe gains deep local market access while providing Finmo with the tools to expand its reach into Europe. Founded in Singapore in 2021, Finmo's all-in-one platform offers real-time payment capabilities, cash flow visibility, foreign exchange (FX) risk management, compliance automation, and liquidity optimisation. Finmo holds an Major Payment Institution (MPI) license from the Singaporean authorities and is committed to expanding globally. Its established regional connectivity will enable Tribe to instantly access local payment schemes and domestic settlement rails in key markets such as Singapore, Malaysia, Vietnam, Indonesia, Australia and New Zealand. Commenting on the new partnership, Matt Weir, GM Asia-Pacific at Tribe Payments, said: 'I'm delighted to announce Tribe's new partnership with Finmo. This will further supercharge our money movement offerings across Asia-Pacific and Europe. The partnership underlines our shared goal of delivering best in class, secure payment services to clients in both card and non-card environments. 'Tribe and Finmo have many shared attributes - notably offering developer-first infrastructure that supports easy integration - and we will both be focusing on high-growth sectors including cross-border B2B and consumer spending flows.' David Hanna, CEO of Finmo, added: 'We're thrilled to be partnering with Tribe Payments, a move that truly symbolises 'East meets West' in the fintech world. Like Tribe, we have grown rapidly in a short space of time in our own region, and the time has come to make a more concerted effort to spread our wings further. 'Tribe will enable us to offer card issuing and acquiring solutions to APAC and European markets; whilst we will swiftly enable Tribe to serve new clients, increasing their APAC footprint. It's a hugely exciting moment for both companies.'
Finextra
5 days ago
- Business
- Finextra
Tribe and Finmo build bridge between Apac and Asia
Leading payment technology firm, Tribe Payments, has announced a strategic partnership with global Treasury Operating System (TOS), Finmo, to deliver integrated, end-to-end payment and treasury services to banking and fintech clients across key growth markets – notably Asia-Pacific (APAC) and Europe. 0 The new partnership combines Tribe's issuer and acquirer processing platform with Finmo's fast-scaling treasury and financial management system, which is licensed to move and manage money across 180 countries. Founded in 2018 as an issuer and acquirer processor, Tribe has evolved its payment platform to enable its customers to deliver frictionless, safe customer experiences at any point of the transaction flow. Merchants, banks, fintechs, issuers, and acquirers can all easily access a full ecosystem of products, allowing them to build, customise, and launch innovative payment solutions quickly, without sacrificing quality. Headquartered in London with offices across Europe, Tribe is globally connected to Mastercard, Visa, American Express, UnionPay International, Discover and JCB - providing unrivalled connectivity through a single integration. The collaboration with Finmo also marks another milestone in Tribe's APAC expansion, having opened its new regional HQ in Singapore in October 2024. By partnering with Finmo, Tribe gains deep local market access while providing Finmo with the tools to expand its reach into Europe. Founded in Singapore in 2021, Finmo's all-in-one platform offers real-time payment capabilities, cash flow visibility, foreign exchange (FX) risk management, compliance automation, and liquidity optimisation. Finmo holds an Major Payment Institution (MPI) license from the Singaporean authorities and is committed to expanding globally. Its established regional connectivity will enable Tribe to instantly access local payment schemes and domestic settlement rails in key markets such as Singapore, Malaysia, Vietnam, Indonesia, Australia and New Zealand. Commenting on the new partnership, Matt Weir, GM Asia-Pacific at Tribe Payments, said: 'I'm delighted to announce Tribe's new partnership with Finmo. This will further supercharge our money movement offerings across Asia-Pacific and Europe. The partnership underlines our shared goal of delivering best in class, secure payment services to clients in both card and non-card environments. 'Tribe and Finmo have many shared attributes - notably offering developer-first infrastructure that supports easy integration - and we will both be focusing on high-growth sectors including cross-border B2B and consumer spending flows.' David Hanna, CEO of Finmo, added: 'We're thrilled to be partnering with Tribe Payments, a move that truly symbolises 'East meets West' in the fintech world. Like Tribe, we have grown rapidly in a short space of time in our own region, and the time has come to make a more concerted effort to spread our wings further. 'Tribe will enable us to offer card issuing and acquiring solutions to APAC and European markets; whilst we will swiftly enable Tribe to serve new clients, increasing their APAC footprint. It's a hugely exciting moment for both companies.'
Finextra
16-05-2025
- Business
- Finextra
Global Payments unveils Genius POS platform
Global Payments Inc. (NYSE: GPN), a leading worldwide provider of payment technology and software solutions, announced today the release of Genius, a powerful new POS command center for business operations. 0 This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. The launch of Genius is an important milestone in the company's journey to streamline its ecosystem of innovative solutions, unifying all the Global Payments POS products that customers love into an all-in-one, intuitive and highly configurable new POS platform. "Going to market with a single, enhanced POS platform enables customers to enjoy the full range of features and commerce enablement solutions that we offer," said Cameron Bready, Global Payments' CEO. "With these changes, we are delivering a seamless experience for our customers while simplifying our business and establishing a stronger and more recognizable brand in the market." The new Genius platform enables global expansion and vertical specialization at scale, allowing Global Payments to rapidly launch in multiple countries, adapting to the unique requirements of each market. It also unlocks new opportunities in specialized retail segments like age regulated businesses, higher education and consumer service businesses. "Genius reinforces Global Payments' position as a leading technology partner for businesses seeking versatile software and payment solutions in today's rapidly-evolving marketplace," said Bob Cortopassi, Global Payments' president and chief operating officer. "This new POS platform accelerates the value we provide our customers by establishing a single, scalable and feature-rich continuum of POS technology that we will continue to enhance in the months and years ahead." Genius for Restaurants and Retail Launch First Genius for Restaurants is designed to meet the operational needs of every restaurant type and scale, from full service table management to checkouts in counter service environments. The platform, which is paired with hardware engineered for higher performance, delivers everything restaurants need: waitlist and reservations, real-time reporting, tableside payments, marketing tools, loyalty programs and more. Genius for Retail is designed to work easily right out of the box. From managing orders and tracking inventory to delivering reliable checkouts and built-in tools for loyalty, marketing, invoicing and reporting, Genius for Retail has everything small and medium-sized retailers need to deliver seamless customer experiences. Genius for Restaurants will launch at the National Restaurant Association show on Saturday, May 17, and will initially be available for U.S. and Canadian businesses. Genius for Retail will be introduced in June in the U.S., with Canada, Germany, Austria and Czech Republic following soon after. Coming later in the year, Global Payments will launch Genius for Enterprise across multiple countries. This solution serves the needs of the most demanding environments with large footprint and complex kitchen workflows, such as large QSR chains, stadiums and venues.
National Post
16-05-2025
- Business
- National Post
Global Payments Launches New Genius™ POS Platform
Article content Company unites best-in-class capabilities into a single new POS platform Genius for Restaurants launches first at National Restaurant Association show Article content Article content ATLANTA — Global Payments Inc. (NYSE: GPN), a leading worldwide provider of payment technology and software solutions, announced today the release of Genius, a powerful new POS command center for business operations. Article content 'Going to market with a single, enhanced POS platform enables customers to enjoy the full range of features and commerce enablement solutions that we offer.' Cameron Bready, CEO, Global Payments The launch of Genius is an important milestone in the company's journey to streamline its ecosystem of innovative solutions, unifying all the Global Payments POS products that customers love into an all-in-one, intuitive and highly configurable new POS platform. Article content 'Going to market with a single, enhanced POS platform enables customers to enjoy the full range of features and commerce enablement solutions that we offer,' said Cameron Bready, Global Payments' CEO. 'With these changes, we are delivering a seamless experience for our customers while simplifying our business and establishing a stronger and more recognizable brand in the market.' Article content The new Genius platform enables global expansion and vertical specialization at scale, allowing Global Payments to rapidly launch in multiple countries, adapting to the unique requirements of each market. It also unlocks new opportunities in specialized retail segments like age regulated businesses, higher education and consumer service businesses. Article content 'Genius reinforces Global Payments' position as a leading technology partner for businesses seeking versatile software and payment solutions in today's rapidly-evolving marketplace,' said Bob Cortopassi, Global Payments' president and chief operating officer. 'This new POS platform accelerates the value we provide our customers by establishing a single, scalable and feature-rich continuum of POS technology that we will continue to enhance in the months and years ahead.' Article content Genius for Restaurants is designed to meet the operational needs of every restaurant type and scale, from full service table management to checkouts in counter service environments. The platform, which is paired with hardware engineered for higher performance, delivers everything restaurants need: waitlist and reservations, real-time reporting, tableside payments, marketing tools, loyalty programs and more. Article content Genius for Retail is designed to work easily right out of the box. From managing orders and tracking inventory to delivering reliable checkouts and built-in tools for loyalty, marketing, invoicing and reporting, Genius for Retail has everything small and medium-sized retailers need to deliver seamless customer experiences. Article content Genius for Restaurants will launch at the National Restaurant Association show on Saturday, May 17, and will initially be available for U.S. and Canadian businesses. Genius for Retail will be introduced in June in the U.S., with Canada, Germany, Austria and Czech Republic following soon after. Coming later in the year, Global Payments will launch Genius for Enterprise across multiple countries. This solution serves the needs of the most demanding environments with large footprint and complex kitchen workflows, such as large QSR chains, stadiums and venues. Article content Genius will be marketed under the Global Payments brand. For more information about Genius, visit and view this video. Find Global Payments at booth #3801 at the National Restaurant Association show, May 17-20 in Chicago. Article content About Global Payments Article content Global Payments Inc. (NYSE: GPN) is a leading payments technology company delivering innovative software and services to our customers globally. Our technologies, services and team member expertise allow us to provide a broad range of solutions that enable our customers to operate their businesses more efficiently across a variety of channels around the world. Article content Article content Article content Article content Article content Contacts Article content Article content Article content
