MCT | April 26, 2022
Mortgage Capital Trading, Inc.® (MCT), the industry leader in capital markets software and services, today announced it has reinforced its commitment to client profitability and success. Backed by an enhanced sales and support structure, MCT has hired industry all-stars and promoted valued team members.
A passion for client experience has differentiated MCT throughout its 20-year history, We are consistently evaluating and enhancing the ways in which we support our clients. While some accounts opt for MCT’s hands-on guidance, others are fully self-directed – both leveraging our award winning MCTlive! ® platform. We meet clients where they are in their growth cycle and provide the most innovative technology and timely advice for them to thrive.”
Curtis Richins, President and CEO.
Our support begins during the early stages of developing a relationship – often even before a client selects MCT. We listen, collaborate, and share our deep subject matter expertise. Every client is unique, and we tailor our offering to their situation.”
Ben Itkin, MCT’s newly appointed Head of Sales, also emphasized the company’s dedication to client experience.
Additionally, MCT has created two, new client-facing roles: Regional Account Executive (RAE) and Capital Markets Technology Advisor (CMTA). Both positions are instrumental in providing a seamless experience from sales to on-boarding to long-term success.
Peg Eaton, formerly a Correspondent Account Representative at Mr. Cooper and the Manager of Business Operations at Lenders One, recently joined MCT as RAE for the Northeast and Great Lakes regions. Similarly, Boulton Brynteson and Chad Stone have been promoted to RAEs.
With this updated structure, MCT’s mortgage lender clients will be further buttressed by a cross- functional team that includes Sales, Client Success Group, and Trading members.
We are making material investments in our clients’ success, And, should an account need Lock Desk, MSR, or pricing support, we have additional resources for those areas as well. From loan lock to loan sale, MCT offers the most robust, streamlined, and digital offering in the business.”
Founded in 2001, Mortgage Capital Trading, Inc. (MCT) ® has grown from a boutique mortgage pipeline hedging firm into the industry’s leading provider of fully integrated capital markets services and technology. MCT’s offerings include mortgage pipeline hedging, best execution loan sales, business intelligence and analytics, outsourced lock desk solutions, MSR valuation, hedging, and bulk sales, and the world’s first, truly open marketplace for loan sales. MCT supports independent mortgage bankers, depositories, credit unions, warehouse lenders, and correspondent investors of all sizes within its award-winning digital platform, MCTlive! ®. Headquartered in sunny San Diego, MCT also has offices in Healdsburg, CA, Philadelphia, PA and Texas.
Huntington | June 03, 2022
Huntington Bancshares Incorporated (Nasdaq: HBAN) announced today it is creating a new enterprise payments organization to develop, coordinate and execute on its payments strategy and investment roadmap.
Amit Dhingra has been named Enterprise Payments Director and will lead a team responsible for executing an end-to-end enterprise-wide payments strategy across Consumer and Business Payments, Commercial Payments and Treasury Management. Dhingra will drive growth in payments revenue streams as well as focus on digital and customer experience enhancements.
Dhingra's team will build upon the payments platform with additional products and services that will be commercialized across the business to further support existing and new customers through throughout their lifecycle.
"The organization of an enterprise payments strategy and platform enables us to serve all our customers," said Steve Steinour, Huntington's chairman, president and CEO. "As we continue to invest in our payment products and services, we will deliver more value-added services and further strengthen our customer experience."
In May, Huntington acquired Digital Payments Torana, a San Francisco-based business-to-consumer payments fintech.
In his new role, Dhingra will report to Paul Heller, Huntington's chief technology and operations officer. Dhingra previously served as Huntington's retail payments and consumer lending director. Before Huntington, he served in a variety of strategy and transformation leadership roles at U.S. Bank and McKinsey & Company.
Huntington Bancshares Incorporated (Nasdaq: HBAN) is a $177 billion asset regional bank holding company headquartered in Columbus, Ohio. Founded in 1866, The Huntington National Bank and its affiliates provide consumers, small and middle‐market businesses, corporations, municipalities, and other organizations with a comprehensive suite of banking, payments, wealth management, and risk management products and services. Huntington operates more than 1,000 branches in 11 states, with certain businesses operating in extended geographies. Visit Huntington.com for more information.
AXES.ai | April 23, 2022
AXES.ai ("AXES" or the "Company") is pleased to announce that it has formed a strategic alliance with Cyprus-based Fintech Blueberry Payment Solutions to offer the AXES European client base an integrated Open Loop cashless eWallet. The Blueberry Payment Solutions eVoucher, eWallet, Card, and IBAN Cloud Account is already integrated with the AXES Butler Closed Loop eWallet, Loyalty, Rewards and Engagement APP, for Merchants and Clients.
AXES has the most advanced, secure and complete closed loop cashless platform in the global land-based gaming industry, The Blueberry Payment Solutions platform, technology, licenses, IP and certifications will empower AXES European Clients to instantly transfer funds to their AXES closed loop wallet and to AXES Casino Float Accounts. This powerful partnership will rapidly evolve the fintech performance and possibilities of the land-based gaming industry, and we are very excited to offer the power of the Blueberry Payment Solutions to the AXES client base."
Rhyan Bridle, Founder & CTO of Blueberry Payment Solutions.
Blueberry Payment Solutions is a perfect fit for AXES, Blueberry Payment Solutions truly understands that a casino eWallet is a personal player to casino relationship based on loyalty, engagement and rewards. We are grateful to Blueberry Payment Solutions for having customized their product offering to align with our strategy to support our European AXES clientele to ensure they have the most powerful engagement strategy in the global land-based casino gaming market. We look forward to evolving our product base with Blueberry Payment Solutions as we integrate multiple forms of payment, funding and financial instruments"
Earle G. Hall, President & CEO of AXES.ai.
ABOUT Blueberry Payment Solutions
Blueberry Payment Solutions is an Electronic Money Institution (EMI) authorized for the distribution of e-Money. Offering an alternative banking platform, Blueberry Payment Solutions, allows the community a safe place to send, receive, hold and invest, with absolute confidence and reliability. The all-encompassing platform empowers merchants, corporations, and end-user clients to perform their day-to-day payments and banking operations. Blueberry Payment Solutions draws on the adroitness of cloud technology to guarantee the highest security and availability of its solution. Currently, in 11 countries, Blueberry Payment Solutions has an offering for both land-based and online merchant services, ensuring the power of personalized banking is not compromised.
BITCOIN AND CRYPTO
Facepay | March 07, 2022
Facepay Inc. announced today the release of Facepay Crypto, an addition to its pioneering relational payments platform known for freeing business owners from credit card transaction fees and leveraging the security of blockchain technologies. Facepay’s Relational Payments disrupted the industry with its bold fixed-price subscription model in late 2020 and is poised to shake up the payments industry again with the introduction of Facepay Crypto.
Built on a private Ethereum network, Facepay Crypto will allow shops to accept Bitcoin, Ethereum, and other cryptocurrency payments from customers directly, displacing complicated fee structures associated with legacy payment processing. And because payments made on the blockchain are irrevocable, they are not subject to the chargeback, fraud, and dispute processes that credit cards are.
We figured out how to provide the advantages of Bitcoin and other cryptocurrencies into the platform while still maintaining that auto repair shops are paid directly, Consumer cryptocurrency will only increase over time, and repair shops should be investing in the right technology to take advantage of it. If not, Bitcoin will be just another payment method that costs shops money. Every direct payment made with Facepay results in a 15-20% more profitable transaction.”
Dr. Mark Hale, the founder of Facepay.
Cryptocurrency is entering the mainstream, just as repair shops are already heavily burdened with excessive credit card fees and planned fee increases. Facepay will allow shops to integrate alternative payments into their workflow and immediately realize additional profit gains because customers pay businesses directly, circumventing the traditional payment processor entirely.
We all need to keep in front of our client’s experience. Contactless and digital payment methods are everywhere today. Adoption rates for these transactions are climbing higher and higher. Facepay’s platform saves me money, while remaining convenient and secure. Facepay is the right payment technology now and for the future.”
Greg Buckley, Owner of Buckley’s Auto Care.
Currently, there is no other platform on the market designed for auto shops to offer crypto-ready, direct banking with the security of blockchain technology.
As a Diamond Partner, Facepay is the Preferred Payments to members of the Automotive Training Institute. Members can learn more about Facepay Crypto at the showcase held at the ATI SuperConference 2022 in Carlsbad, CA, March 16-19 and on their member portal. Auto shops attending the 2022 VISION HiTech Training & Expo in Kansas City, MO, on March 3-5 can visit us at the Facepay booth #435.
The Facepay Relational Payments payment platform helps business owners increase profits by eliminating credit card processing fees.
Facepay’s technology allows auto shop owners to adopt a modern payment platform with a low-cost, fixed monthly subscription as an alternative to paying 2% - 3% of revenues to credit card processors. Facepay works with all management systems with an easy-to-use dashboard easily incorporated into existing workflows. On average, US auto repair shops using the Facepay model add $25,000 to their bottom line annually.
Facepay enables repair shops to offer their customers multiple payment options, including contactless payments, monthly installments, and service subscription plans.