Money20/20 is the doorway to the epicenter of the Payments, Banking, Fintech and Financial Services ecosystem. As the home of the Money Revolution we unite captains of industry, dreamers, trailblazers, innovative thinkers and fearless leaders that hold the keys to fundamental changes in the way the world uses, spends, borrows and moves money.
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News and past events
Verrency announced the launch of its latest technology for Asian financial institutions – a patented API platform allows customers to more easily begin saving by ‘rounding-up’ their payments in real-time, with the overage going to a digital wallet of the consumer’s choice. The company also announced that it recently added The Strategy Data Exchange (SDX), the region’s largest security portfolio manager model library, to its partnership ecosystem.
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Global payments innovator Verrency announced the appointment of serial entrepreneur Shezan Amiji to its global advisory board. Mr. Amiji co-founded Beam Wallet, a leading mobile wallet, payments and rewards app, whose UAE operations were acquired in 2018 by Majid Al Futtaim Holdings, the largest retail conglomerate in the Middle East and Africa.
Verrency CEO David Link spoke with the Australian Associated Press about how Australia’s new open banking regime will transform the industry. Mr Link said the regime will “be a game changer for the way Australian banks operate”, and that the changes will force banks to innovate and add more value added services.
Highly-experienced payments executive Jan McGrath has been announced as the latest addition to Verrency’s global advisory board. Ms. McGrath brings extensive experience as an executive in the global financial services sector across major consumer markets, including the US, the UK, Japan, Mexico, Hong Kong and Australia.
“The market is just waking up”: Fintech Verrency raises AU$10 million to broaden its international reach
Global payments innovator Verrency announced it had raised $10 million in Series A funding, as it solidifies its presence in Australia and overseas. Verrency CEO David Link spoke to The Australian about how the company is enabling banks, card issuers and other financial services providers to add new products and services without replacing legacy infrastructure or migrating to new technology.
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AMSTERDAM, June 3, 2019 /PRNewswire/ — Global payments innovator Verrency arrives at Money 2020 in Amsterdamhaving secured 32 strategic partners to leverage the company’s enterprise grade, curated API capabilities at financial institutions.
The non-exclusive partnership program is specifically curated for payment enabled fintechs and established service providers that provide capabilities such as loyalty, merchant offers, data enhancement, AI, round-ups, instalment credit, wallets and device management.
Global payments innovator Verrency today announced the appointment of highly regarded payments executive Susanne Brønnum to its global advisory board.
Ms Brønnum brings more than two decades of experience and expertise in the European payments sector, including her most recent roles as Group Executive Vice President for Financial & Network Services at Nets Group, and CEO of Nets Denmark. She is also a co-founder of Copenhagen FinTech, the founder of Smart Payments, and previously spent a number of years at MasterCard.
David Link, CEO & Founder of Verrency shares his insights and advice on how companies can scale up their business globally and effectively. Red the full piece in Dynamic Business: https://www.dynamicbusiness.com.au/small-business-resources/growth-import-export/how-to-scale-up-your-business-globally-and-effectively.html
global payments provider Verrency has been named a finalist in four categories
at the prestigious Finnie Awards 2019 by Fintech Australia.
These four categories are:
- FinTech Organisation of the Year
- Excellence in Payments
- Excellence in Industry Collaboration and Partnerships
- Deal of the Year
The annual awards recognise and reward the community by honouring innovation, growth and collaboration within fintech in Australia. The 2019 Finnie Awards winners will be announced at a gala dinner on Thursday 6 June in Melbourne.
See the full list of this year’s finalists here: https://thefinnies.org.au/2019-finalists/
In a podcast interview with the Switzer Show, Verrency Founder & CEO David Link talks about how Verrency is enabling banks to innovate and launch new products and services more rapidly than ever before.
Listen to the full interview here: https://bit.ly/2CNXSWv
Global payments innovator Verrency has been named the Payments Innovator of the Year at the FinTech Business Awards 2019.
As one of the leading awards program in the Australian financial technology sector, the FinTech Business Awards seeks to recognise leading individuals and organisations who exhibit outstanding innovation and entrepreneurship. In its third year, the FinTech Business Awards received over 200 submissions across twenty categories, making it the biggest one yet.
The Payments Innovator of the Year is awarded to a company that assists retail consumers, financial institutions or corporations with payments via innovative fintech.
President of Verrency Americas, Joe Lynam, talks to Plug and Play on how Verrency’s platform is helping banks innovate their payments capabilities.
Plug and Play (PnP) is a global innovation platform for start-ups, corporates and investors headquartered in the Silicon Valley. Every year, PnP reviews 4,000 start-ups, invests in over 100 and runs industry-specific accelerator programs. Verrency has passed the test three times, having been selected for PnP’s accelerator programs in the Silicon Valley, Singapore and Frankfurt.
Watch Joe Lynam’s interview here: https://bit.ly/2HkjRIz
Verrency extends its global reach with Banco Davivienda partnership to explore payment innovation services in Latin America
BOGOTA, Colombia, Feb. 28, 2019 /PRNewswire/ — Banco Davivienda, one of Colombia’s largest banks, has signed an agreement with global payments innovator Verrency to be a launch partner in Latin America. The deal enables Banco Davivienda to leverage the Verrency platform to rapidly trial and launch new card programs, payment services and fintech partner solutions to its consumers and small business customers.
Global payments innovator Verrency has been named the winner for the Excellence in Innovation and Excellence in Payment/ Commerce categories at the Media Excellence Awards 2019.
Australian global payments provider Verrency has been named a finalist for the Payments Innovator of the Year at the Fintech Business Awards 2019.
Global payments innovation service and Australia-based fintech Verrency is enabling payments innovation for the fastest growing bank in the United Arab Emirates, Liv., Emirates NBD’s lifestyle digital bank for millennials. The agreement will enable Liv. to leverage Verrency’s cloud-based payments service and fintech partners to enable cost-effective delivery of a multitude of value-added services to customers.
As part of its global expansion strategy, Verrency has bolstered its team in the UK appointing experienced payments executive Paul Thomalla as the latest member of its global Advisory Board.
Verrency strengthens presence in Asia with appointment of Jeff Portelli as newest Advisory Board Member
Global payments innovator Verrency has added heavyweight payments executive Jeff Portelli to its global Advisory Board.
Verrency adds two more partners — Basiq and Pulse iD — to enable financial data aggregation and geolocation services to be easily accessed by banks
LAS VEGAS, Oct. 23, 2018 /PRNewswire/ — Australian global payments innovator Verrency has certified two new strategic partners, Basiq and Pulse iD, to enhance the commercial offerings it enables for issuers and banks.
Announcing the partnership today at Money 20/20 in Las Vegas, the deal enables Basiq and Pulse iD to easily distribute their financial data aggregation and geolocation services to global financial institutions via Verrency’s integration platform.
DriveWealth partners with Verrency to offer consumers access to a new savings and investing strategy
LAS VEGAS, Oct. 22, 2018 /PRNewswire/ — Digital brokerage solution provider DriveWealth has joined forces with Australian global payments innovator Verrency. The partnership will enable DriveWealth to deliver its ground-breaking fractional share investment platform to a new segment of consumers.
Verrency accelerates global expansion as the first FinTech to be selected into Plug and Play Fintech programs in three different countries
SAN FRANCISCO, Oct. 16, 2018 /PRNewswire/ — Verrency today announced expansion into Germany and another selection into Plug and Play’s prestigious Fintech Program. Verrency has been selected for Plug and Play’s accelerator programs in the Silicon Valley, Singapore and now in Frankfurt as the company extends its global reach in the FinTech market.
In a move to boost the momentum of its growing commercial portfolio, payments provider Verrency has appointed experienced payments executive David Engel as its Commercial Director for Australia and New Zealand.
Australian global payments provider Verrency has been named a finalist for Leading Payments Start-Up at the UK Emerging Payments Awards 2018.
Australian global payments provider Verrency continues to grow its global footprint, appointing FinTech executive Aaron Oliver as Commercial Director for Asia and Middle East, based in Singapore.
Verrency announces appointment of Managing Director, Business Development Europe to lead its expansion
Australian global payments provider Verrency has announced its expansion into the UK and Europe with the appointment of senior financial services executive Peter Vestergaard Larsen as Managing Director, Business Development Europe.
As part of its global expansion strategy, Australian global payments provider Verrency has appointed well-regarded global payments industry executive Royal Cole to its Advisory Board.
Australian global payments innovation provider Verrency has signed a significant long-term deal with volt bank, Australia’s first independent 100% digital bank.
Australian global payments provider Verrency has been rewarded for its overseas expansion last night, winning FinTech Australia’s 2018 FINNIE Awards for Excellence in Establishing Market Presence: Global.
Australian global payments provider Verrency has signed ten strategic FinTech partners in just six weeks as it continues to gain global traction.
Verrency Founder & CEO David Link was featured in the June 2018 issue of Smart Investor Malaysia, sharing about Verrency’s vision in delivering payment innovation as the global fintech firm makes its foray into ASEAN.
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.
Australian global payments provider Verrency has bolstered its Global Advisory Board, appointing FinTech executive Michael Walters.
Based in Melbourne, Michael has 30 years of international experience in FinTech with a focus on cards and payments, having worked with leading financial institutions, retailers, transport organisations, MNO’s, payment processors / schemes and governments globally.
Verrency CEO and Founder David Link has been named as a finalist for the Outstanding FinTech Leader of the Year at the 2018 FINNIE Awards.
Verrency itself, an Australian global payments provider, has also been named as a finalist in the Excellence in Establishing Market Presence: Global category.
Australian global payments provider Verrency has appointed seasoned finance executive Alan Sharfman as its Chief Financial Officer (CFO) effective immediately.
Verrency Founder & CEO David Link spoke with Sky News Business, Australia’s 24-hour cable and satellite business news channel, at the Money 20/20 Asia Conference 2018 about Verrency’s global expansion plan and its partnership with social payments charity platform, Goodworld.
Verrency Founder & CEO David Link speaks with BFM Radio, Malaysia’s business radio station, about helping banks and the financial sector to overcome disruption and challenges in the payments innovation space
Global payment industry executive and experienced entrepreneur Daniel Chatelain has joined the Advisory Board of Australian global payments provider Verrency.
Social media donation platform Goodworld partners with payments innovator Verrency to increase charitable giving worldwide by enabling consumers to donate while they spend
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.
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 Founder & CEO David Link was featured in the February 2018 issue of Smart Investor Malaysia, discussing Verrency’s role in driving integration of new payment technologies into banks amidst the growing trend of cashless society.
Verrency CEO and Executive Chairman David Link is featured on the cover of CIO Advisor’s March 2018 issue, in which Verrency has been named one of the Top 10 APAC Payment Solutions Companies of 2018.
Read the full article here: https://www.cioadvisorapac.com/magazines/March2018/Payment/
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.
Verrency CEO David Link recently spoke to The Edge Financial Daily about Verrency’s innovative services, expansion plans into ASEAN (including enabling ASEAN FinTechs) and why banks should embrace the change that is being enabled by the technologies underlying digital currencies.
Australian global payments provider Verrency has expanded its US team, appointing highly credentialed payments specialist Michael Kennedy to its advisory board. Kennedy’s appointment follows the announcement earlier this year of Joe Lynam as Managing Director in the US and Audrey Blackmon as Senior Vice-President of Business Development.
Verrency CEO David Link joined Juliette Saly and Doug Krizner on Bloomberg Daybreak Asia to discuss Verrency’s open API platform, its newly signed long-term partner agreement with UnionPay International and how Verrency’s services differ in a crowded fintech world.
Listen to the full interview here: https://www.bloomberg.com/news/audio/2018-01-22/providing-increased-payment-convenience-for-consumers
Global payments innovation provider Verrency has signed a long-term agreement with UnionPay International (UPI), a wholly owned subsidiary of China UnionPay, to offer Verrency’s innovative value-added services to UnionPay’s issuing banks across Asia. Verrency’s services will be delivered via the UPI Wallet, UnionPay’s innovative API service.
Australian global payments platform service Verrency has announced its expansion into the US and Canada, with the appointment of accomplished entrepreneur and executive Joe Lynam as Managing Director, Audrey Blackmon as Senior Vice-President of Business Development and Anand Choudhary as Head of US Client Implementation.
Global payment service innovation provider Verrency has started 2018 with a bang being nominated for the FinTech or InsurTech Startup of the Year award at the FStech Awards.
Verrency was involved in the Singapore Fintech Festival in collaboration with Visa as one of its Fintech Partners. Visa’s Stephen Breen and Verrency’s David Link discuss the capabilities of Verrency’s platform and how it can help Visa’s issuers enhance their offerings whilst driving more value from their existing infrastructure and relationship with Visa
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.
Melbourne – Payment service innovator Verrency has been shortlisted in two categories in the prestigious 2017 UK Payments Awards to be held in London later in the year. Overcoming competition from some of the biggest brands and ground-breaking start-ups on the global stage, Verrency has been named as a finalist for Payments Startup of the Year and Payments Infrastructure Award.
Verrency will operate its London operations out of the UK’s leading fintech hub Level39 at the heart of Canary Wharf in London after being accepted into the cohort.
Payment service innovator Verrency has been nominated for Emerging FinTech Organisation of the Year at Fintech Australia’s inaugural Finnie Awards 2017. The award category recognises FinTech organisations that have delivered transformative new financial services offerings through the innovative use of technology to its customers, and have been in operations for less than two years.
Australian global payment provider Verrency has appointed five luminaries from the payment sector to its Australian Advisory Board to help boost the company’s growth plan as it prepares for commercial launch in the Australian market.
Australia’s leading independent fintech accelerator Stone & Chalk welcomes Verrency as its latest resident member
Verrency is pleased to announce that it has been accepted into fintech accelerator Stone & Chalk in Sydney, Australia. As one of the top fintech innovation hubs globally, Stone & Chalk has created a formidable fintech community with 24 Australian and International corporate partners, over 90 start-ups – of which 13 of them are scaling globally – 325 residents and 32 graduating alumni.