FINANCIAL MANAGEMENT

GoTab and Mastercard to Jointly Boost the Digital Checkout Experience

GoTab | April 04, 2022

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GoTab, a restaurant commerce platform, announced its partnership with Mastercard to transform the digital payment experience. The venture is for hospitality venues across the U.S. through the implementation of Click to Pay – a payment solution. This solution will boost the payment track by eliminating the need to enter card details manually and create an easy checkout process.

Click to Pay offers customers more convenient and secure guest checkout experience devices. Mastercard Click to Pay is built on EMV Secure Remote Commerce industry standards. This makes it easier and safer to checkout for consumers without remembering passwords or manually entering card details every time. Therefore, with a payment platform that’s embedded into checkout, consumers can manage their card details with the help of secure profile details, including name, address, and location. Mastercard also uses tokenization to encrypt personal information. This helps consumers shop with peace of mind with minimum chances of reducing fraud and false declines.

We endeavor to assist our operators in improving the guest experience, Mastercard Click to Pay is the ideal solution for making the checkout process simpler, faster, and completely seamless. As we prepare to process $1 billion in GMV by 2022, we are honored to collaborate with Mastercard to provide our operators with a safe and enjoyable guest experience.”

GoTab CEO Tim McLaughlin.

GoTab recently introduced Click to Pay at Stone Brewing locations in California and Virginia.

We've had a very successful run with GoTab and Mastercard Click to Pay across all of our taprooms and bistros. Our guests were already big GoTab fans, but the convenience and security of Click to Pay improved the payment experience even more."

Gregg Frazer, Stone Brewing's Vice President of Hospitality.

GoTab began in 2016 as an e-commerce solution for on-premise ordering. It has evolved into a comprehensive restaurant commerce platform, complete with POS, kitchen operations, and delivery capabilities. GoTab, by its proper cloud-based solution, allows guests to order and pay directly from their smartphone without downloading an app or creating a password. Operators can also rely on GoTab's POS, contactless ordering and payment features, and kitchen management systems (KMS) to run efficient and profitable operations. The entire GoTab POS system is easily integrated and works with a plethora of best-of-breed solutions to maintain a focus on the core real-time operational experience.

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Other News
PAYMENTS

Bit.Store Adds Alternative Payments and Pay-Outs Via Alchemy Pay

Bit.Store | May 31, 2022

Asia's leading SocialFi crypto investment platform, Bit.Store (STORE) has deepened its partnership with crypto payment provider Alchemy Pay (ACH). Further to the current credit card and paypal connections, Alchemy Pay will add popular alternative payment methods to Bit.Store including mobile wallets and domestic instant transfer services. Furthermore, Alchemy Pay will provide Bit.Store with off-ramp capabilities, meaning their users can convert their crypto funds into over 100 local fiat currencies and have them deposited directly into their bank accounts. These new capabilities once again highlight Alchemy Pay's impressive service within the industry and will elevate Bit.Store's app, which has already become very popular in Southeast Asia and Europe. In Indonesia, in particular, Bit.Store has become one of the top social cryptocurrency investment platforms for retail investors. The platform was launched in 2021 and has seen rapid growth. The number of users has grown 30% to 700k since the partners' first collaborated in November 2021. With its simple and intuitive design, Bit.Store has positioned itself as a beginner-friendly investment service that allows everyday people to access crypto conveniently and securely. The simplicity of design and functionality overcomes the barrier to entry for many and the app outshines competition by cleverly leveraging social elements and exploring a new 'SocialFi' model. Bit.Store educates inexperienced investors so they can make smarter investment decisions. It embraces the web3.0 era by allowing users to create decentralized communities for the sharing of information alongside experienced and professional investors. The app has multiple groups and forums for trading discussions, as well as up-to-date news and educational items. It is a big step forward to offer the flexibility of Alchemy Pay's easy, secure payments to our users. Acceptance of mobile wallets are crucial, in particular, to our Asian users where so-called alternative payments are now becoming the dominant method. Additionally, the ability to pay-out from our platform via Alchemy Pay puts us way ahead of many of our competitors." Bit.Store's co-founder, Carl Moss. Our focus right now is on our ramps that are integrated onto crypto and web3 services. The ability to onboard users to platforms directly via global and local fiat payments, and then offer the chance to cash out again makes for a seamless, user-friendly experience. We are expecting to make a huge impact on the web3 movement with these ramps." John Tan, CEO of Alchemy Pay. About Bit.Store Bit.Store (STORE) is a SocialFi investment platform designed with beginner investors in mind. The platform gives its users access to global digital currency markets quickly and easily by supporting different money transfer methods via cooperations with a wide network of regional payment providers. The app provides a variety of features, including social trading, following, and copy trading strategies published by seasoned experts in the space, and allows experts to monetize their contribution to the platform. About Alchemy Pay Founded in Singapore in 2018, Alchemy Pay (ACH) is a payment solutions provider that seamlessly connects fiat and crypto economies for global consumers, merchants, and developers. It provides merchants with convenient acceptance of crypto, enables easy onboarding to blockchain ecosystems, and makes web3 services highly accessible. Today, Alchemy Pay is supported in over 70 countries with 300 payment channels, has touchpoints with more than 2 million merchants through partnerships with industry leaders such as Binance, Shopify, NIUM, and QFPay. Alchemy Pay's token, ACH, is an ERC20 native to the Ethereum blockchain.

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FINTECH

STAMPLI TRANSFORMS ACCOUNTS PAYABLE DATA INTO ACTIONABLE BUSINESS OUTCOMES WITH LAUNCH OF STAMPLI INSIGHTS

Stampli | May 20, 2022

Stampli, a B2B Fintech leader in Accounts Payable (AP) Automation, today unveils Stampli Insights for Accounts Payable teams to gain complete visibility into their AP data to optimize workflows and improve operational efficiencies with their invoice automation and processing. Stampli Insights brings together three built-in capabilities available in the Stampli platform including Advanced Search, Stampli Reports, and the newly launched Stampli Dashboards. With Stampli Insights, customers can easily search, visualize, and drill down into accounts payable data so they can make more informed decisions for their business, Stampli has always provided full visibility into the invoice lifecycle for our customers, but now CFOs and Controllers can unlock that underlying data to improve operational efficiencies, identify approval bottlenecks, maximize employee productivity, and strengthen great supplier relations." Tiffaney Fox Quintana, Vice President of Marketing at Stampli. Stampli currently has United States office locations in Mountain View, California and Nashville, Tennessee, and internationally in Tel Aviv, Israel and Kiev, Ukraine. Stampli was most recently recognized in G2's 2022 Best Software Awards for "Best Software Products," "Best Accounting & Finance Products," "Best Mid-Market Products," and "Highest Satisfaction Products." Stampli also earned recognition as "The Best AP Solution for 2022" in the FinTech Breakthrough Awards; named on the "Top Fintech Companies of 2021" list by CB Insights; designated one of the "Top 50 Most Promising Startups in Israel" by CTech; named "The Best AP Automation Company in the USA" from New World Report; earned top marks by Comparably for "Best Company Outlook," "Best Company Work-Life Balance," "Best CEO," "Best Company for Women," "Best Company for Diversity," and "Best Company Culture." About Stampli Stampli is a complete AP automation platform that brings together accounts payable communications, documentation, corporate cards, and payments all in one place, allowing AP to have full control and visibility over corporate spending. By centering communications on top of the invoice itself, AP departments collaborate and communicate better with approvers, vendors, and anyone else involved with purchases, allowing approvals to happen 5x faster. In addition, Stampli's AI, Billy the Bot, learns an organization's unique patterns to simplify GL-coding, automate approval notifications, identify duplicate invoices, and reduce time spent on manual data entry. Stampli's flexible platform fits seamlessly into any existing processes and integrates with financial systems, including NetSuite, Sage Intacct, QuickBooks, Microsoft Dynamics, SAP, and more.

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BITCOIN AND CRYPTO

TradeStation® Crypto Launches in Puerto Rico

TradeStation Crypto | March 26, 2022

TradeStation, an award-winning*, self-clearing online brokerage, announced today that residents of Puerto Rico are now eligible to apply for a TradeStation Crypto, Inc. account to trade cryptocurrencies. Crypto trading is available in Puerto Rico and much of the U.S. with aggregated liquidity, intelligent order routing, and competitive pricing. TradeStation Securities, Inc. is also licensed and permitted to do business in Puerto Rico, giving TradeStation Securities customers access to trade stocks, ETFs, options, and futures. We are excited to be expanding into Puerto Rico as adoption of digital assets continues to grow. We believe that Puerto Rico has a strong reputation supporting crypto, and we're looking forward to being part of the momentum surrounding their crypto community, We feel TradeStation offers clients the best of both worlds, a trusted brand that's been serving traders for over 30-years combined with innovative products and technology to access the crypto market." James Putra, Vice President, Product Strategy at TradeStation Crypto. TradeStation Crypto aggregates multiple pools of liquidity in a consolidated market data feed combined with an intelligent order-routing system designed to give its customers better visibility and trade execution, which is a differentiated model from some crypto exchanges. New crypto customers can also benefit from TradeStation's current offer bonus, awarding customers $10 in a supported cryptocurrency. Eligible customers can qualify for a higher tier-based reward if they deposit at least $5,000 of assets within 90 days from account approval.** In addition, customers can own cryptocurrency as an alternative investment in a TradeStation Individual Retirement Account (IRA). TradeStation's self-directed IRA provides flexibility for individuals and investment advisers who aim to achieve greater diversification with cryptocurrency. About TradeStation Group, Inc. TradeStation has, for decades, advanced fintech through its support of self-directed traders and investors in their journeys to claim their financial edge. TradeStation provides award-winning* trading and analysis platforms and self-clearing online brokerage services for stocks, ETFs, equity and index options, commodity and financial futures, futures options, and cryptocurrencies. These trading platforms are accessible on desktop, Web, and mobile, as well as via API technologies which seamlessly provide access to TradeStation's brokerage environment through third-party platforms. TradeStation's offerings also include deep and growing learning content designed to build confidence among those new to investing and hone the skills of seasoned traders. TradeStation Securities, Inc. (Member NYSE, FINRA, SIPC, NSCC, DTC, OCC, NFA & CME offers self-clearing equities, options, futures and futures options brokerage services as a licensed securities broker-dealer and futures commission merchant (FCM) and is a member of major equities and futures exchanges in the United States. TRADESTATION SECURITIES, INC. IS A MEMBER OF NFA AND IS SUBJECT TO NFA'S REGULATORY OVERSIGHT AND EXAMINATIONS. HOWEVER, YOU SHOULD BE AWARE THAT THE NFA DOES NOT HAVE REGULATORY OVERSIGHT AUTHORITY OVER UNDERLYING OR SPOT VIRTUAL CURRENCY PRODUCTS OR TRANSACTIONS OR VIRTUAL CURRENCY EXCHANGES, CUSTODIANS, OR MARKETS. TradeStation Crypto, Inc. offers self-clearing cryptocurrency brokerage services under federal and state money services business, money-transmitter, and similar registrations and licenses. TradeStation Crypto, Inc. is not subject to NFA's regulatory oversight and examinations.

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FINANCIAL MANAGEMENT

Wave Financial Launches ADA Yield Fund to Support Cardano DeFi Ecosystem Growth

Wave Financial | April 01, 2022

Wave Financial LLC (Wave), a SEC regulated digital asset investment management company, is pleased to announce the launch of the Wave ADA Yield Fund. The fund is designed to provide liquidity with millions in line to support new decentralized finance (DeFi) platforms launched in the Cardano ecosystem starting with an initial $100M. We're thrilled to continue breaking ground in the field of cryptocurrency through the creation of innovative new funds, and today we are launching what we believe is the first pure liquidity provisioning fund in crypto, Our new fund will support the new decentralized exchanges, lending protocols, and stablecoin issuers building on Cardano. Each of these decentralized applications adds to the strong foundation of the Cardano blockchain as it realizes a fully functional and diverse ecosystem." David Siemer, CEO of Wave Financial. The new ADA Yield Fund represents the continuation of Wave's mission to support promising entrepreneurs within the crypto space beyond the early stage and foster greater innovation in the overall crypto ecosystem. Since the formal launch of smart contracts in 2021, the Cardano community has launched and funded hundreds of companies building on the Cardano blockchain, Cardano's growing ecosystem is hosting an ever expanding universe of applications supporting significant numbers of active users – it's critical for the success of the ecosystem that Cardano-based projects thrive, and so we are pleased that the ADA Yield Fund is committing substantial financial resources to facilitate continued growth and market acceptance." Charles Hoskinson, founder of Input Output. Historically, DeFi dApps are among the most popular in crypto in terms of bringing more users and applications on-chain. Specifically, decentralized exchanges (DEX) and DeFi lenders have gained the fastest popularity in terms of attracting users and capital. DEX typically are set up without market makers, but with two pools of assets that represent each side of a trading pair that serve as a source for DEX counterparties to trade against when they want to transact on either side of the pair. Wave will be using the ADA Yield Fund to provide liquidity to these pairs of pools to support Cardano DEXes. For DeFi lenders, there will also be a similar form of support to augment liquidity to facilitate lending. Also, Wave will continue to support and expand stake pools to strengthen the Cardano network. EMURGO is excited to support the creation of this valuable ADA Yield Fund to further drive expansion and adoption of Cardano's quickly developing DeFi ecosystem, Providing strategic capital resources through the fund will help talented entrepreneurs and projects to build essential DeFi services on Cardano, ultimately delivering impactful solutions and onboarding more users to the global Cardano community." Ken Kodama, founder & CEO of EMURGO. About Wave Financial Wave Financial LLC (Wave) is a Los Angeles based investment management company that provides institutional and private wealth digital asset management solutions. Led by a team of highly experienced financial services professionals, Wave provides investable funds via diverse investment strategies applied to digital assets and tokenized real assets. Wave also offers managed accounts for HNWIs and family offices seeking tailored digital asset exposure, bespoke treasury management services, and early-stage venture capital and strategic consultation to the digital asset ecosystem. Wave is registered with the US Securities & Exchange Commission as an investment adviser.

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Spotlight

Today, 40% of the available workforce across the globe was born after 1980—Millennials. By 2016, that number will go up to 50%. Find out how we're building the First Data of the future, unleashing our innovators, advancing intergenerational leadership and making First Data a great.

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