Verrency boosts commercial offering signing ten strategic Fintech partners
Australian global payments provider Verrency has signed ten strategic FinTech partners in just six weeks as it continues to gain global traction. Founded in 2016, Verrency enables banks to cost-effectively deliver the latest value-added payment capabilities and curated FinTech services – via V+, their FinTech marketplace – to their customers without replacing or heavily modifying their existing payments infrastructure. As part of the recently signed partnership agreements, Verrency enables these signed partners to easily distribute their services to global financial institutions via Verrency’s API platform. Some of Verrency’s newly signed FinTech partners include: UK-based ComplyAdvantage, which provides real-time screening and monitoring technology powered by artificial intelligence to help companies comply […]
Global recognition continues for payments provider Verrency
Australian global payments provider Verrency has been named a finalist for the Top PayTech Innovation at the inaugural UK PayTech Awards 2018. The award category recognises PayTech companies that have been genuinely innovative within the finance and payments industry. Verrency was founded by experienced payments and banking innovator David Link and banking technologist Euan Walker in 2016. Verrency delivers Innovation-as-a-Service to financial institutions with its payments API platform and FinTech marketplace, which have been specifically designed to enable Tier 1 financial institutions to cost-effectively deliver value-added services to their customers without needing to replace or heavily modify their existing payments infrastructure. David Link, Founder and CEO of Verrency, said: “I’m […]
Australian payments innovator Verrency partners with social media donation platform Goodworld to increase charitable giving worldwide
Social payments charity platform Goodworld and Australian payments innovator Verrency announced a partnership today to bring a charitable component to everyday financial transactions around the globe. The partnership will combine Goodworld’s service with Verrency’s banking payment services to create a new Corporate Social Responsibility offering aimed at major banks. The joint offering will enable bank’s customers to ‘set and forget’ a ‘round-up’ of their debit and credit card transactions to the nearest selected amount (i.e., $1, $5 etc) and to donate the ‘round-up’ amount directly to their preferred charity. Customers then receive real-time reinforcement via mobile notifications from their bank’s mobile app of their donation, along with regular updates of […]
Global payments innovator Verrency accepted into another prestigious accelerator – Plug and Play Tech Center in Silicon Valley
Verrency, a global Australian payments platform and fintech marketplace, has been accepted into the latest fintech cohort of Silicon Valley-based technology accelerator Plug and Play Tech Center. Verrency was selected out of almost 1000 fintech start-ups to be a part of the prestigious accelerator program following a rigorous selection process, which involved voting from Plug and Play’s corporate financial services partners. Verrency is only one of three Australian firms to have ever been selected for entry into the fintech cohorts over the life of Plug and Play. During the next three months, Verrency will be introduced to Plug and Play’s corporate partners and work with the partners on potential pilots, […]
Verrency emphasizes commitment to Fintech partners with new partnership arm and leadership appointments
Australian global payments platform Verrency has appointed two experienced entrepreneurs and venture capitalists to drive its partnership strategy to ensure fintech partners and financial institutions get the best value from the API platform. Eddie Wilson and AJ Milne have been named to lead V+, the official partnership arm of Verrency. V+ is designed to leverage Verrency’s behind-the-scenes, enterprise-grade, curated-API platform to generate opportunities for payment-enabled Fintechs around the world. While Verrency has already begun signing up Fintech partners over the last few months, these appointments demonstrate Verrency’s clear commitment to bringing the best of Fintechs to financial institutions. Wilson has been immersed in the emerging business community for many years. […]
Iliad Solutions & Verrency sign long-term agreement
British-based Iliad Solutions has signed a long-term agreement with global payments innovation provider Verrency for implementation of its highly innovative continuous testing software testing across all aspects of the Verrency service. After a global search earlier this year, Verrency chose Iliad’s t3:Switch solution to support its payments innovation service. Verrency is a new provider on the global scene enabling card issuers and their processors to deliver the latest innovative payment capabilities quickly and cost effectively through their existing payments infrastructure. Verrency Group Chairman and CEO David Link said the choice of Iliad was an easy one, as Verrency had designed all aspects of its business around innovation, […]
Verrency announces Series A funding round and global expansion Innovative fintech to launch operations in US and Asia
Payments platform Verrency has announced a $US 15 million Series A funding round as it continues to expand internationally. The growth-stage fintech provides payments innovation-as-a-service that enables issuers to deliver the latest payment capabilities, fast and cost effectively, through their existing payments infrastructure. By giving consumers unprecedented flexibility and control over how they pay, Verrency’s cutting edge features ensure that their issuer’s brands are top of wallet and top of mind, driving revenue. The Australian-based startup has recently completed an oversubscribed pre-commercialisation funding round raising $US 4 million and is looking to raise a further $US 15 million to expand into key international markets. Verrency aims to close the […]
