BLOCKCHAIN

Tender Retail and Blackhawk Network Joined Hands to Expand their Modernized Payment Options

Tender Retail | January 18, 2022

Tender_Retail_and_Blackhawk
Tender Retail and Blackhawk Network together announced a new venture that will assist retailers in expanding their in-store payment options and modernizing promotional offers and discounts from their customers. Some of the proven additional choices that these market leaders aim to offer for merchants are couponing, Buy Now Pay Later, and cryptocurrency.

Tender Retail has been a middleware payment solutions provider for enterprise retail and quick-service restaurant chains. Blackhawk Network has been a global financial technology company assisting companies with fintech solutions. Together, they will also help retailers streamline in-store operations and initiate terms to lower the cost of payment acceptance.

The agreement on expanding modernized payment solutions has enabled Tender Retail and Blackhawk Network to diversify their existing technology features to provide customers with better buying experiences. With this aim, the market leaders will create solutions around features like Buy Now Pay Later and incorporate alternative payment methods such as digital wallets from providers globally.

Tender Retail and Blackhawk Network have been in partnership since 2006 and deliver prepaid gift card payment integration to enterprise merchants. On this, Greg Whitnell, Executive Vice President of Tender Retail, says, "We are very excited to strengthen our relationship with Blackhawk to continue to develop enhanced payment options and meet the diverse and rapidly changing demands of consumers."

Blackhawk Network has come forward with the step and brings its decades of experience in technology. Through its technical expertise, the market leader will execute solutions for retailers and companies serving consumer products and services. The solution will provide pre-integrated solutions to retailers to track engagement to redemption and target specific or a group of products, facilitate faster payment, and increase revenue generated from discounts and coupons offerings.

As the customer loyalty and retail landscapes adapt to support global consumers in an omnichannel environment, we are proud to be leading the charge of this innovation alongside Tender Retail. We look forward to collaborating to bring new solutions to our network of partners to further shift the retail payments landscape."

Cory Gaines, CPO, Blackhawk Network.

Spotlight

The market is volatile - you can fight it, or you can embrace it. At Crowe, we help clients find opportunity in volatility - and we can help you, too.

Spotlight

The market is volatile - you can fight it, or you can embrace it. At Crowe, we help clients find opportunity in volatility - and we can help you, too.

Related News

FINANCIAL MANAGEMENT

Texas-Based Community Bank Partners with Fintech for Full Suite of Automated Workflow and Portfolio Management Tools

Teslar Software | August 05, 2022

National Bank & Trust and Teslar Software today announced their partnership to streamline and modernize lending processes. The bank has selected Teslar’s comprehensive suite of automated workflow and portfolio management tools, which will reduce time spent on tedious manual tasks and allow employees to focus on strategic initiatives, such as expansion plans and portfolio diversification. “We strive to offer innovative technology while building deeper customer relationships within our community. Teslar Software is the solution to help us accomplish just that, Through our partnership, we will be able to complete tasks and access data faster, helping our lenders more seamlessly manage their portfolios from anywhere. Plus, Teslar will help us with the current talent dilemma, enabling us to operate efficiently and grow without needing to add staff. Teslar squarely supports our bank’s broader vision and allows us to strategically position ourselves for the future.” -Tracy Harris, CEO and president of National Bank & Trust The visibility gained from Teslar will provide National Bank & Trust with deeper insights into individual customer portfolios, allowing lenders to better track exceptions and manage loan documents, which will also help from a regulatory perspective. Teslar’s secure portal will allow customers to upload financial statements and monitor the status of their loans, improving the borrower experience. We’re proud to partner with National Bank & Trust, delivering the technology needed to provide an efficient, high-touch approach to customer service, We look forward to working alongside National Bank & Trust as they continue to support the community that has trusted them for over 130 years,said Joe Ehrhardt, CEO and founder of Teslar Software. About Teslar Software Teslar Software, founded in 2008, is a configurable lending process automation platform for community financial institutions. Teslar transforms commercial lending by providing easy access to centralized, relevant information to balance portfolios, optimize profits and help community bankers effectively serve their customers. Named Best Solution for Lending by the 2021 FinXTech Awards, Teslar Software continues to earn their reputation as a top technology provider for community institutions.

Read More

CORE BANKING,FINTECH

Netcetera and Mastercard Simplify Digital Payments: Digital First Partner in the Mastercard Engage Program

Netcetera and Mastercard | September 20, 2022

Netcetera, a global software company and expert for secure and convenient digital payment solutions, has been welcomed as a Digital First partner by Mastercard. Engage, Mastercard’s global partner network offers customers access to a network of qualified technology and fintech partners that can quickly deploy Mastercard Digital First solutions. These solutions, including Netcetera’s secure payment products, enable fully digital payment experiences for consumers. Digital payment is everywhere: in web stores, apps, and at the checkout with your smartphone. And consumer demand for digital experiences is growing. With its digital-first strategy for customer journeys in different industries, Netcetera has been catering to this trend for more than 25 years. Hence, the Mastercard Engage Digital First partnership was a logical step to further accelerate digital transformation in payment and banking. With its secure payment solutions, Netcetera enables its customers to provide entirely digital and seamless experiences for consumers. Mastercard is powering consumer choice by building a robust network of qualified enablers that can help our customers quickly launch digital products from the ground up with their engage program. Netcetera is pleased to be chosen to join this growing network as a qualified partner. This is another example of the successful cooperation between Netcetera and Mastercard to provide secure and frictionless payments worldwide. In August 2020 they launched the 3DS PSD2 testing platform for merchants together and in 2021 added the testing platform for issuers. About Netcetera Netcetera is a global software company with cutting-edge IT products and individual digital solutions in the areas of secure digital payment, financial technologies, media, transport, healthcare and insurance. More than 2,500 banks and issuers, and 160,000 merchants rely on the digital payment solutions and globally certified 3-D Secure products of the market leader for payment security. The owner-managed company covers the entire IT lifecycle, from ideation and strategy to implementation and operation. The balanced combination of the latest technologies and proven standards ensures investment security, from large-scale projects to innovative start-ups. Founded in 1996, Netcetera is a holding company with around 1,000 employees and is headquartered in Zurich, Switzerland, with locations across Europe, Asia, and the Middle East. About Mastercard Mastercard is a global technology company in the payments industry. Our mission is to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.

Read More

FINTECH

Airwallex named “Startup of the Year” in US FinTech Awards 2022

Airwallex | September 26, 2022

Airwallex, a leading global fintech platform, announced it has been recognized as the “Startup of the Year” in the US FinTech Awards. The US FinTech Awards celebrate the achievements and successes of the U.S. FinTech community each year. The awards honor innovators, directors, and rising stars across the U.S. industry through 20 categories. This year’s awards attracted hundreds of nominations across each category and across the full spectrum of fintech, and Airwallex is proud to be at the top. As winner of “Startup of the Year”, Airwallex was recognized by the judging panel to be “innovative and impactful, engaging and always enabling customers in the movement of money on a global scale. This fintech is well on its way to becoming established in the U.S. market and making the world even bigger for its target clients. A lesson in excellence.” “After launching in the U.S. just one year ago, to be able to take home the award for U.S. Startup of the Year is a true honor, That said, this is really just the beginning for Airwallex in the U.S. We are laser focused on ensuring we continue to strengthen our products and offerings so we can provide businesses in the U.S. and broader Americas region with a global infrastructure that can seamlessly support their payment and financial services needs.” -Ravi Adusumilli, General Manager, Americas at Airwallex Airwallex was first established in Melbourne, Australia in 2015, and is today, the leading financial technology platform for modern businesses growing beyond borders. The business operates with a team of over 1,200 employees in 19 locations across Asia-Pacific, Europe, and North America. In the U.S., Airwallex has a team of almost 50 across product and engineering, legal, risk & compliance, partnerships and sales, and is planning to continue expanding its U.S. team to further strengthen its foothold in the market. About Airwallex Airwallex is the leading financial technology platform for modern businesses growing beyond borders. With one of the world’s most powerful payments and banking infrastructure, our technology empowers businesses of all sizes to accept payments, move money globally, and simplify their financial operations, all in one single platform. Established in 2015 in Melbourne, our purpose is to connect entrepreneurs, business builders, makers and creators with opportunities in every corner of the world. Today, Airwallex has a global footprint across Asia-Pacific, Europe, and North America. About US FinTech Awards The US FinTech Awards is brought to you by FinTech Intel, the global market intelligence platforms for financial services technology. The US is home to the world’s premier financial services center and a burgeoning financial technology market. These awards were developed to celebrate this incredible community, and the achievements and successes of the country’s best and brightest. The categories are designed to cover the full spectrum of fintech, and submissions are judged by an independent panel of experts.

Read More