Credorax news and trends

Credorax, Samsung To Introduce Blockchain-Based Open Banking
B2B Payments // June 10, 2020

Credorax, the smart payments provider and FinTech, has announced a partnership with Samsung to develop blockchain technology to offer open banking services, according to a press release. The new partnership will combine “global open banking initiatives, Samsung SDS’ Nexledger Universal platform and Credorax’s industry expertise”...

Bitcoin Daily: Germany Stops Crypto ATM Company; Sweden Asks Ukraine To Act In Crypto Fraud...
Bitcoin // March 04, 2020

The financial watchdog of Germany has put a stop to the operations of a firm that lets consumers use ATMs to purchase as well as sell digital currencies, Bloomberg reported. Adam Gramowski, KKT UG managing director, was reportedly told by BaFin to stop business in...

Creditcall And Credorax Partner On Omnichannel Payment Platform
eCommerce // March 28, 2017

To enable the European SME market, U.K.-based payment service and gateway provider Creditcall and FinTech-company-turned-pan-European-acquirer Credorax have partnered to launch an integrated omnichannel payment platform — an end-to-end service that enables online, mobile, in-store and unattended payments acceptance. In recent years, the European SME community...

Ex-Visa Exec to Chair Credorax Board
Hmmm // February 04, 2015

Today, digital merchant acquiring bank Credorax will announce Joshua Floum as the new chairman of its Board of Directors. Today’s announcement follows one last fall in which it was reported that the startup nabbed $40M in funding to expand its cloud-based, cross border payments processing...

Interviews & Exclusives
PSPs Must Act Like FinTechs to Keep Merchants on Board in 2022

February 07, 2022
In 2022, customers don’t think in terms of siloed channels. They think in terms of shopping — and they want to move fluidly between the digital and physical realms. As economies open up, people are getting out, but they still want the easy digital experiences they grew to expect during the worst days of the […]

Quick Reads
Bitcoin Daily: Germany Stops Crypto ATM Company; Sweden Asks Ukraine To Act In Crypto Fraud...

March 04, 2020
The financial watchdog of Germany has put a stop to the operations of a firm that lets consumers use ATMs to purchase as well as sell digital currencies, Bloomberg reported. Adam Gramowski, KKT UG managing director, was reportedly told by BaFin to stop business in the country at once as he doesn’t have the needed […]

Creditcall And Credorax Partner On Omnichannel Payment Platform

March 28, 2017
To enable the European SME market, U.K.-based payment service and gateway provider Creditcall and FinTech-company-turned-pan-European-acquirer Credorax have partnered to launch an integrated omnichannel payment platform — an end-to-end service that...

Next Generation Acquirer Credorax Snags $40M In Funding

October 28, 2014
Massachusetts-based start-up Credorax wants to bust up the silos that house the various pieces of the retail transactions processing process and has just raised another $40 million to do it....