the north port distillery was a distillery in brechin , angus that produced single malt scotch whisky .

the distillery was latterly owned by distillers company through its subsidiary mitchell brothers .

north port distillery

history - north port distillery ( a . k . a . townhead / brechin )
the distillery was situated just north of junction 16 of the m8 in glasgow on north canal bank street .
also known as brechin , north port was a family - owned distillery bought out and closed by dcl .
3 ) whisky production at the north port distillery was ceased during world war ii . in those years the distillery buildings were used to house polish soldiers .
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brechin ( now known as north port ) distillery is acquired by dcl and w . h . holt , and transferred to smd
1839 - renamed the distillery name was again changed in 1839 from brechin distillery to north port distillery , named after a former gate in the city walls ( a port is the old scottish word for a town gate and the distillery was located close to where this gate had once stood ) . this second change of name was partly due to confusion with glencadam distillery , built just a few hundred yards from north port in 1825 .
david , john & alexander guthrie found brechin distillery under the company townhead distillery co .
north port single malt scotch whisky 20 year old 1979 - 61 . 2 % vol 70cl
the distillery was renamed brechin in 1823 and two years later the distillery was being operated by a partnership guthrie , martin & co . the name was changed to north port in 1839 .
north port - brechin 20yo 1979 / 1999 ( 61 . 2 % , rare malts ) - 301007
the distillery was badly damaged by fire in 1903 however the distillery was rebuilt and reopened in 1913 .
a lesser known distillery that disappeared in the great distillery cull of 1983 , north port or brechin , as it went by either name , is hard to find but often worth the search . discover more »
1970s - modernised north port was partly modernised in the 1970s but only ever had one pair of stills .
the north port distillery was a single malt whisky distillery in the scottish town of brechin . officially named north port , but often referred to as brechin distillery , both names were used interchangeably on distillery bottlings . its output was almost entirely used for filling ( blending ) . the town of brechin lies just off the a90 between dundee and aberdeen on the eastern coast of scotland in the east highlands malt whisky region . the former site of north port distillery is now occupied by a supermarket . of the single malt whisky distilleries originally in the area , only old fettercairn and glencadam remain active .
2005 - a 28 years old official bottling of north port / brechin is released . according to the malt maniacs monitor , the brechin 28yo 1977 / 2005 ( 53 . 3 % , ob , 2040 bts . ) was the first ever ( official ) bottling of north port on record . 2008 - stocks of north port / brechin whisky are diminishing . the two most recent independent bottlings of north port we know of are released ; the north port 27yo 1981 / 2008 ( 56 . 5 % , duncan taylor rarest of the rare , c # 779 ) and the north port - brechin 1982 / 2008 ( 43 % , g & m connoisseurs choice ) .
north port brechin 23 yo 1971 / 1995 ( 54 . 7 % , ob , rare malts ) - 020616
north port was one of the distilleries that didn ' t survive the 1983 - 85 period , the market at the time was suffering from over capacity and around a dozen single malt distilleries were closed . north port was mothballed in 1983
north port - brechin 17 yo 1976 / 1994 ( 64 . 1 % , cadenhead’s , dist december ) - 170105
bunnahabhain distillery - pronounce boon - a - havn , is situated in the north of islay , around eight miles north of port askaig on the shore of the sound of islay . the name bunnahabhain is gaelic and means river mouth . a visit to the distillery will reveal the river running just north of the distillery , which also happens to be a great spot for a wee walk , for different views of the distillery itself , and it offers a nice view towards the paps of jura .
also sometimes known as brechin , north port was founded in 1820 in the angus area of the eastern highlands under the name townhead .
north port ( brechin ) 14 yo 1974 / 1988 ( 66 . 2 % , intertrade , 75cl , 177 bottles ) - 040106
north port 25 yo 1981 / 2006 ( 56 . 1 % , the whisky fair , sherry wood , 120 bottles ) - 260406
north port 1980 / 1996 ( 57 . 3 % , scotch malt whisky society , # 74 . 3 ) - by angus - 140418
north port 27 yo 1981 / 2008 ( 56 . 5 % , duncan taylor rarest of the rare , cask # 779 ) - 171108
north port ( brechin ) 14yo 1974 / 1989 ' very rare ' ( 66 . 1 % , sestante import , 75cl ) - 301007
north port 26 yo 1981 / 2007 ( 52 . 9 % , duncan taylor , rarest of the rare , cask # 775 ) - 301007
smd closed north port in 1928 and aside from a brief airing it remained silent after the second world war . north port gained a second wind in the mid - 1900s but became one of the nine dcl distilleries to close in 1983 as a response to widespread excess stocks in the market .
north port brechin 1980 / 1996 ( 57 . 3 % , scotch malt whisky society , 74 . 3 ) - 110605 - by angus - 140418
1 ) north port / brechin could very well be the scotch whisky distillery that created the most confusion about its name . very few sources seem to agree exactly when the name was changed exactly - and why . . .
north port ( brechin ) 38 yo 1977 / 2015 ( 48 . 4 % , cadenhead , single cask , bourbon hogshead , 174 bottles ) - 020616
north port brechin 26 yo 1975 / 2001 ( 55 . 6 % , signatory vintage , silent stills , cask # 2960 , 211 bottles ) - 220514
still , brechin distillery prevailed and remained in family ownership for around 100 years . at some point during the 19th century the family changed the distillery’s name to north port , referencing a nearby gate in the wall that once surrounded the town ( brechin is still a town , despite having a cathedral ) .
north port 25yo 1981 / 2006 ( 56 , 1 % , the whisky fair , sherry butt , 120 bottles ) nose : rich and polished . sherry , fruits and spices . strawberry . highly enjoyable - best north port ever ? taste : fruity and very hot at cask strength . a splash of water works beautifully here . hint of perfume . score : 89 points - my sixth north port ever , and the best ( although a 25yo cadenhead ' s came close ) .
1825 - holding company renamed the company that owned the distillery was originally the townhead distillery company but in 1825 this was renamed guthrie , martin & company .
1887 - alfred barnard recounts his visit to the distillery in his epic 1887 book , the whisky distilleries of the united kingdom , alfred barnard describes his visit to brechin distillery . this is the 98th distillery of the 150 detailed in the book . the following account uses the ' brechin ' rather than ' north port ' name , so casting doubt as to the 1839 date for the second name change .
port dundas grain scotch whisky 30 year old 59 . 5 % directors cut 70cl
the distillery was closed during wwi and sold to dcl and w . h . holt & co in 1922 . who at some point ( 1928 ? ) passed the distillery to smd . they operated the distillery under a licence by mitchell brothers of glasgow .
the north port ( a . k . a . brechin , a . k . a . townhead ) distillery lies in brechin , on the eastern coast of scotland . it was built in 1820 as ' townhead ' by david , john & alexander guthrie . however , strictly speaking it was still sort of an illegal distillery - if i understand various history books correctly , legal whisky production didn ' t start until 1823 when the excise act was passed . 1823 was also the year that townhead was renamed to brechin - before the name changed to north port .
north port’s whisky was never officially bottled as a single malt during its lifetime , although diageo had it bottled for its rare malts series in 1995 , 1998 and 1999 , as well as under the name ‘brechin’ for its special releases in 2005 . in his book the malt whisky companion , whisky writer michael jackson described north port’s whisky as ‘dry , fruity , gin - like . aperitif’ .
originally there were two distilleries in the locality port dundas , the first established in 1811 by daniel mcfarlane two years later a second port dundas was constructed by brown , gourlie & co .
north port 15 yo 1964 / 1979 ( 80° proof , cadenhead ' s dumpy , black label , d . 02 / ' 64 btl . 05 / ' 79 , 75cl ) - no notes - 93
the name was changed to brechin in 1832 and to north port in 1839 . throughout its lifetime almost its entire output went into blends . the distillery was taken over by a dcl subsidiary in 1922 and was silent from 1928 - 37 and 1939 - 48 , during which time it was briefly home to the polish infantry .
1823 - renamed in 1823 , david guthrie ' s sons took over the running of townhead distillery , the same year renaming it brechin distillery . this rechristening was the second of the distillery ' s three names and marks the start of much confusion , with differing accounts giving different dates and reasons for the name changes .
north port 25yo 1977 / 2002 ( 56 % , cadenhead ' s , june 2002 , bourbon hogshead , 276 bottles ) nose : rich . polished . gooseberry . spicy . sweaty . organics . fabulous ! best north port by far . taste : sweet , chewy . big and bold . very , very impressive for a bourbon matured malt . score : 88 points - overwhelming proof that i shouldn ' t ' write off ' a distillery too soon . this was the only expression of the brechin whisky ever to score above average , mind you . . .
glasgow’s port dundas distillery was a landmark , even though not many people actually knew what it was . it was built in 1811 at the highest point in the city next to the banks of the forth & clyde canal . another distillery , cowlairs , started operation soon after and in 1860 the two sites – by then both with coffey stills installed – merged . in 1877 , port dundas was one of the founding members of the grain distillers’ conglomerate dcl .
the distillery’s buildings were gradually dismantled piece by piece until it was finally demolished in 1994 to make way for a supermarket .
here at pulteney distillery we offer a range of behind - the - scenes tours to allow you to experience our unique location for yourself .
is the distillery or brand you ' re looking for not on this list ? check out the ' brands ' page for more . . .
1928 - 1948 - intermittent production production at the distillery stopped for nine years from 1928 until 1937 . resumption of production was short - lived due to government fuel and barley rationing introduced by the government shortly after the start of world war ii in 1939 . during the war the distillery some of the distillery buildings were used to house soldiers from the polish infantry . production resumed three years after the end of the war in 1948 .
it ' s worth remembering that these upstanding members of the community built their family distillery before the excise act , permitting legal whisky production in return for a licence fee of £10 and a payment per gallon of proof spirit , was passed in 1823 , so strictly speaking townhead was an illicit distillery .
at a time when road links to the town were yet to be established , the distillery was dependent on the sea for its supply of barley and for the shipping out of its malt whisky . wick became known for the barrels of silver ( herring ) and gold ( whisky ) which left the port in vast numbers .
if you go about 9 miles to the west from the east coast resort place montrose , there ' s a town called brechin . the distillery stood at the northern entrance of the town . it was built by david guthrie in 1820 as townhead distillery and later they changed the name . it was one of the smd in 1922 and it was torn down in 1983 . it is now used as a supermarket , and part of the distillery remains as a wall of the parking a lot .
the distillery was modernised and re - equipped after the second world war and it was transferred to the management of the dcl production company scottish grain distillers in 1966 .
founded in 1826 by james henderson at the height of wick ' s celebrated herring boom , the pulteney distillery is one of the most northerly scotch whisky distilleries on the british mainland .
with its good transport links and prime location in the city , which had become the blending powerhouse of scotland , port dundas grew in size to become the largest distillery in scotland . by 1885 , its three coffey and five pot stills were producing over two million gallons a year and , in an approach we’d today label as innovative , was using ‘american corn’ , barley , and rye .
the prohibition in wick as well as the economic depression that followed spelled trouble for pulteney distillery . in 1930 the production ceased and the distillery was mothballed for over twenty years . in 1951 , when the demand for whisky in post - war europe started growing , the site was acquired by robert “bertie” cumming , a solicitor from banff . the production restarted soon after and has not stopped since .
the drive towards bunnahabhain from port askaig , the long and winding road , is great and the location of the distillery is stunning . the road offers wonderful views of jura , the sound of islay and the rhuvaal lighthouse on the most northern tip of islay . the ever changing light and weather conditions can be amazing and at the end is your reward , a warm welcome and a fabulous dram !
north port 1974 / 1993 ( 40 % , gordon & macphail connoisseurs choice ) nose : clean . grainy . not very expressive . closed . fishy ? those were all my notes . i need bigger glasses . taste : sweetish and watery . malty perhaps ? once again there wasn ' t much more to write down . score : 70 points - certainly not a bad whisky , but it simply lacks character and personality .
north port - brechin 1981 / 1998 ( 40 % , gordon & macphail connoisseurs choice ) nose : restrained . light citrus and vanilla ? it ' s hard to pick out any distinguishing characteristics . taste : smooth . warm . a little flat . raw beans ? dry in the finish . very drinkable but below par for a malt . score : 62 points - the least impressive expression i ' ve tried so far . . .
1983 - mothballed the distillery was mothballed in 1983 due to the then crisis in whisky sales . soon after being mothballed some of the equipment was borrowed for use in other distillers . this temporary closure proved to be permanent .
david , john and alexander guthrie , sons of a local merchant and former provost of the town , established their distillery a half - mile away from the south esk river under the trading name of townhead distillery co . three of 13 siblings , the brothers’ venture would not have sat well with their younger brother dr . thomas guthrie , who eventually became renowned as a reverend and staunch supporter of the temperance movement , the roots of which were only very slight at the time .
1922 - ownership change the distillery and its extensive stock of whisky were purchased from the founder ' s descendents by distillers company ( dcl ) and w . h . holt & company limited ( a manchester - based wine and spirits merchants ) .
1820 - founded originally named townhead distillery , the distillery was founded in 1820 by brothers david , john , and alexander guthrie , second generation farmers . david guthrie had already established the town ' s first bank in 1809 and served as provost ( head of the local authority ) . some accounts say he was the uncle of the famous dr thomas guthrie , a preacher , philanthropist and social reformer in edinburgh , while others say the eminent divine dr . thomas was the father of the three brothers .
in 1922 the distillery , which could produce 450 , 000 litres of spirit per year , was bought by distillers company ltd . ( dcl ) and w . h . holt & co . ltd . it was transferred to dcl’s scottish malt distillers in the same year .
following another change in ownership in 1955 , this time to james & george stodart ltd , a subsidiary to hiram walker & sons , the distillery underwent major refurbishment from 1958 . the traditional floor maltings were decommissioned as part of the project . today the space is adapted for a visitor centre .
old pulteney continued to broaden its portfolio of single malts , introducing a 17 year old in 2004 and a 21 year old a year later . together with the much - loved 12 year old they now form pulteney distillery ' s core range . but it isn ' t until late 2011 that the world truly learns of these mature expressions . jim murray ' s whisky bible , the most influential publication on whisky in the world , names old pulteney 21 year old the world whisky of the year 2012 , starting one of the busiest and most exciting periods in distillery ' s history .
1990 - re - development the site was sold for re - development in 1990 and the distillery demolished in 1993 , with the last warehouses demolished a year later . a safeway was built on the site but was sold to somerfield in october 2004 . this supermarket remains the present occupier of the site .
in 2010 however its owner diageo decided to concentrate its grain production at the vastly expanded cameronbridge . although there were offers from rival distillers to buy port dundas they foundered – possibly because of the potential cost of another upgrade . in 2011 , production ceased and the site was demolished . the landmark had gone .
the spirit is distilled in the old - fashioned pot stills , and condensed in worms laid in the bed of the den burn which runs through the works . the warehouses for the storing of spirits are as fine as any in the north . one , built a few years ago , and which contains 100 , 000 gallons . is 200 feet long by 50 feet broad .
through acquisitions and changes in company structures the distillery ended up with allied domecq who in 1995 sold it to the current owners – inver house distillers . under the new new ownership the maritime malt is launched in its now iconic guise – in 1997 old pulteney 12 year old is presented to the international audience . this hails the beginning of a new era .
during the 19th century the principle trade of the town and former royal burgh of brechin in angus was textile manufacturing , much of which was exported to france . however brechin was also home to two breweries and two distilleries – glencadam , which was built in 1825 by george cooper , and brechin distillery , which was founded five years earlier by three of the guthrie brothers .
old pulteney celebrated its maritime heritage through partnership with a renowned british explorer and adventurer jock wishart . as a result , the brand took part in a daring expedition which as its name – row to the pole – suggests , resulted in jock and his team reaching the north pole using a solely man - powered boat . this extraordinary feat of adventuring is recognised as one of the great ' firsts ' in the history of polar exploration .
the whisky is highland malt , and the water used in its manufacture is conveyed in pipes from the grampian mountains , and the peats employed in drying the malt come from the same source . the district around brechin being highly cultivated , barley of the finest quality is grown and carted by the farmers into the lofts of the distillery , where nothing but the very best barley is malted . the annual output is 100 , 000 gallons .
when the distillery was being bought by james watson in 1920 , the new owner could not have suspected that only two years later , following a majority vote in the local ward , wick would become a ' dry ' town . the complete ban on alcohol licences within the royal burgh remained in force for twenty five years to a day , twice as long as the prohibition in the united states . and so every year on the 28th of may wickers celebrate the repeal with a wee dram or two .
its neighbour , dundashill ( which itself would be absorbed within the complex in 1902 ) , was at that time the largest pot still distillery in the world , its two wash stills and 10 spirit stills making both double - and triple - distilled malt , peated and unpeated . there was a cooperage , housed in the former dundashill building , and a piggery – the swine being fed on draff . the whole site was topped by a 138 - metre brick chimney , for a time the highest in the world .
all of us at urltoken respectively remind you to enjoy your dram responsibly and ask that only individuals of legal drinking age in your locale can enter this site .
published 8 times a year whisky magazine is the perfect complement to the dram in your glass .
palate : light to medium bodied . quite hot , dried fruits and vanilla oak .
it was built in 1820 as ' townhead ' by three brothers david , john & alexander guthrie who were local farmers .
lochside was closed 1928 to 1937 then again the forced closure for wwii . it re - opened in 1948 ,
the whisky produced was a contributor to the vatted malt glen dew and the heather dew blends .
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copyright © the whisky exchange 1999 - 2018 . all rights reserved . the whisky exchange is the registered trademark of speciality drinks limited . registered in england and wales ( company no . 4449145 ) . registered office : elixir house , whitby avenue , park royal , london nw10 7sf , uk .
like the illicit whisky smuggling into brechin , its water and peat also came from the grampians , while ‘the very best barley’ was sourced from nearby farms .
signatory vintage - cask strength collection ( sign . ) - 29 . aug 1975 / 13 . jun 2005
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on the revival of some of the distilleries . they started selling off parts of the equipment of some
was mothballed too , but it was reopened again a few years later . the only
2 ) old fettercairn and glencadam are the only remaining active malt whisky distilleries in the area .
brechin 26yo 1976 / 2003 ( 50 % , douglas laing omc , cask 3351 , 282 bottles , 6 months sherry finish ) nose : polished , flat & sweet . paint thinner . then more ' veggy ' and fruity elements emerge . melon . oatmeal ? taste : hot and flat . dry , boring centre . tannins in the numbing finish . what a bummer . . . score : 70 points - even with a sherry finish , this whisky didn ' t make a very strong impression .
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taken over by distiller company ltd ( dcl ) and w . h . holt & co , then acquired by scottish malt distillers ltd . ( smd ) and operated under licence by mitchell brothers of glasgow
one time contributor to the vatted malt glen dew and the heather dew blends .
all images and information copyright of urltoken the definitive online guide to scotch whisky .
though the buildings of the still house and malt barns are old , the internal arrangements are of modern description , and in every case where machinery can be used in place of manual labour advantage is taken .
besides supplying wholesale houses with whisky , messrs . guthrie , martin , and co . are also large holders of very old spirits , which they keep to meet the demands of their duty - paid trade .
1914 - 18 - world war i like most other scotch malt distilleries , brechin was mothballed during world war i .
1928 - ownership change ownership of northport was transferred to scottish malt distillers ( smd ) a dcl subsidiary circa in 1928 . shortly after it was operated under licence by mitchell brothers of glasgow .
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two fires at the start of the 20th century didn’t stop it for long , though by the 1970s it was in need of modernisation . at that point , production increased once more and a dark grains plant was installed .
norman newton - islay guide a small book loaded with gorgeous photo ' s and practical information . lightweight and soft sided makes an ideal companion on islay . more islay books here . . .
the scottish isle of islay , also referred to as queen of the hebrides , has 8 working whisky distilleries , stunning scenery , amazing wildlife , fabulous beaches and a lot more . islay is therefore a five star holiday destination .
peat smoke and spirit islay ' s fascinating story is uncovered in this must have book . peat smoke and spirit is the last word on islay and its whiskies . more islay books . . .
a new grain intake and a new spirit store were added in 1974 two years later a new still house was erected on the site of the old spirit store .
as with all scottish grain distilleries these are industrial type units with coffey stills . there is very little information about them as they do not share the prestige of the malt distilleries
single cask bottled at 59 . 5 % cask strength by douglas laing under their directors cut label
finish ; long + an attractive oak & milk chocolate character . ( j )
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to visit our website , you must be of an age at which the purchase and consumption of alcohol is permitted according to the legislation in your country of residence . if there are no laws on this matter , then you must be at least 18 years old .
following a year - long epic journey , the old pulteney , a yacht competing in the clipper round the world race 2013 - 2014 , completes the circumnavigation of the world and arrives safely at the starting point in london . skipper patrick van der zijden and his crew help to write another beautiful chapter in the maritime malt ' s history , carrying the unmistakable bulging bottles to the furthest corners of the globe under old pulteney ' s navy and white sails .
as there are limited spaces on each tour please book in advance to avoid disappointment .
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so far , credorax is in 28 countries including japan , where the company received its license just this quarter . the next step for credorax will be to receive its us license , which should be happening before the end of the year , according to nachman .
credorax has employees and is the ninth highest among it ' s top 10 competitors . the top 10 competitors average 10 , 258 .
boston , nov . 4 , 2015 - credorax , a global merchant acquiring bank and altapay , a global payment manag . . .
credorax ' s portfolio of technology solutions are specifically designed to enhance business success , providing flexibility and scalability , to both partners and merchants .
become a credorax partner and enjoy flexible commercial models , customised processing setup and a wide range of value - added business services & tools .
credorax is a leading provider of smart acquiring solutions enabled by next generation technology . tweeting # fintech # payments # finserv # ecommerce # paytech
credorax ' s revenue is the fourth highest among it ' s top 10 competitors . the top 10 competitors average $ 3 . 2b .
boston , ma - - ( marketwired - sep 24 , 2014 ) - credorax , the digital merchant acquirer , today announced t . . .
credorax posted a video
money 20 / 20 europe 2016 . day 3 . x - border e - commerce barriers and opportunities
on youtube
“credorax brings a unique combination of international acquiring coupled with technical agility , ” said greg worch , senior vice president of ecommerce sales at vantiv . “our alliance with credorax allows our customers to expand into global markets , while working directly with vantiv for integration , reporting , and servicing . ”
credorax brings a unique combination of international acquiring coupled with technical agility ,
said greg worch , senior vice president of ecommerce sales at vantiv .
our alliance with credorax allows our customers to expand into global markets , while working directly with vantiv for integration , reporting , and servicing .
payvector - credorax merchants will receive the best in online security and safety , ensuring optimal business growth and minimal losses . with payvector’s quality customer care and credorax’s end - to - end nextgen acquiring and onboarding systems , your merchant account and payment gateway will be set up with maximum speed and efficiency !
arvato financial solutions , a leading global financial services provider , today announced that it has chosen credorax , the digital merchant acquiring bank , as an acquirer .
additionally , credorax will help vantiv’s customers overcome the obstacles of cross - border fees , taxes , regulations , supply chain issues , and payment technology integration .
i applied through other source . the process took 1 + week . i interviewed at credorax ( tel aviv - yafo ( israel ) ) in august 2013 .
credorax provides online payment processing & acquiring bank services under one roof , to a diverse range of online merchants worldwide . credorax provides superior customer experience backed by next generation technology . its customers enjoy seamless integration of its payment services , excellent rates , high transaction approval rates and a wide range of value - added customer services .
additionally , credorax will help vantiv ' s customers overcome the obstacles of cross - border fees , taxes , regulations , supply chain issues , and payment technology integration .
we see credorax as a key strategic partner because they demonstrate dedicated support and a clear understanding of both the market and the needs of card payment providers , said bill thomson , managing director of acceptacard . “we are impressed by credorax ' s technical capabilities and value their modern online approach to customer management , which aligns exactly with our own .
global merchant acquiring bank , credorax , is enabling vantiv’s us customers to expand their international e - commerce opportunities . this agreement extends the reach of vantiv’s merchants to 34 countries and multiple currencies .
the world of ecommerce gets more competitive every day , so it is becoming essential for online u . s . merchants to broaden their reach internationally , noted rod katzfey , vice president of business development and sales at credorax .
we look forward to collaborating with vantiv , as the validation from such a well - respected payments company is important for credorax and the industry challenges we address .
orchestrate international e - commerce payments . credorax’s technology makes it simpler for online merchants to accept transactions from buyers outside their domestic market . it just raised another $ 40 million in a round that includes new backer columbus nova technology partners and previous investor blumberg capital . ( that makes $ 130 million so far . ) its service supports 28 countries , but credorax faces massive competitors , including first data . techcrunch
alon eliya bigler is head of strategic sales programs at credorax , leading and mentoring the company ' s apac sales teams , spearheading the company ' s pos and mpos strategies and managing new strategic partnerships .
the saxo payments banking circle provides a seamless conduit for bank transfers in multiple currencies anywhere in the world . in order to enhance its acquiring services , credorax has partnered with saxo payments to expedite the receipt of merchant funding within minutes of clearing . as a pure - play acquirer this is an important benefit for credorax’s psp partners who want to offer and ensure their merchants receive funding in a short timeframe .
credorax brings this innovation to the table and as we continue to expand globally , we will always continue to do what we do best : specialise in creative yet ‘tailor made’ technological solutions in the acquiring space .
as a credorax partner , you ' ll enjoy flexible engagement models , customised processing setup , value - added business services and proactive merchant account monitoring among many other benefits that only a digital acquirer can provide .
unlike other acquirers which are mostly traditional banks , credorax is a technological company turned into a financial institution . therefore we bring innovation to everything we do , including creating the first global single and unified payment platform .
london , uk - november 16 , 2016 - credorax , a european licensed merchant acquiring bank , today announced that it has recently entered into a strategic partnership with acceptacard limited , a leading uk merchant services provider .
earlier in 2014 , credorax received a license from japan ' s ministry of finance for its cross - border payments platform . in your opinion , what’s needed for ( cross - border ) ecommerce success across this country ?
through its smart acquiring solution , credorax provides partners and customers with a single , unified and automated global - domestic platform for efficient and cost - optimised acquiring complemented by value - added business tools and dedicated customer care .
through tailored , flexible business and commercial models , digital merchant onboarding , custom partner reporting and a wide range of other value - added business tools , with credorax for ecommerce , partners can serve their merchants faster and better .
since the company’s launch in 2008 , credorax has been working with national governments to comply with all relevant financial regulations , so that retailers can use the company as its acquiring bank no matter where in the world they are .
anders la cour , chief executive officer for saxo payments , added : “our web - based banking platform allows businesses to make transfers in real - time , at a fraction of the cost of traditional banking services . these benefits make the saxo payments banking circle a logical solution for acquirers like credorax . we look forward to working closely with credorax to help them deliver more benefits for their merchants , with favourable rates on foreign exchanges and transfers . ”
london , 9 th september 2015 – saxo payments today announces that credorax , the global digital merchant acquiring bank , joins first data , tuxedo money solutions , valitor and allied wallet , as a partner in the saxo payments banking circle . credorax , with a focus on the e - commerce and m - commerce sectors , has joined the innovative new community created by saxo payments , to deliver enhanced benefits for its payment service provider partners and merchant customers .
igal is a seasoned serial high - tech entrepreneur and executive . prior to joining credorax , he co - founded powerdsine ( nasdaq : pdsn ) , serving as the company’s ceo and as a member of its board of directors .
commenting on the new partnership with saxo payments , aviram shemer , credorax cfo , said : “we want to give our merchants the best service . it needs to be fast and scalable , which is why we chose saxo payments . we’re currently doubling our processing volume year - on - year and need to ensure we have the best systems in place to sustain that growth , whilst meeting the same high standards our merchants have come to expect from credorax . ”
welcome to smart acquiring ! credorax is an entirely new breed of acquirer , focused specifically on the ecommerce arena . this means that we ' ve developed all of our payment processing services with you , the online merchant , in mind !
at credorax , you ' ll find that we really do understand our partners ' needs . that ' s why we ' ve taken all of the labour out of acquiring . we ' ve also done away with all the paperwork .
founded in 2007 by technology experts , credorax is one of the world ' s first hi - tech companies to become a principal member of visa europe and mastercard and a financial institution licensed under the psd ( payment services directive ) .
aviram brings to credorax vast experience and high - level management skills . prior to joining the company , he served as cfo of aladdin knowledge systems ( nasdaq : aldn ) , where he played a significant role in its merger with safenet holding .
if you enjoy being a part of a team , yet know how to shine on your own ; if you are inspired by the thought of helping to provide a nextgen service used by leading online businesses worldwide — you ' ll fit right in at credorax .
charlon brings to credorax extensive financial services experience , primarily in corporate finance , retail banking , capital markets and structured finance . he has extensive skills in accounting , financial risk management , project planning and management , gained during his time working at various multinational organisations .
credorax is an acquirer that specifically focuses on supporting merchants in the e - commerce and m - commerce arenas , which means their approach to supporting your business is far more modern and cost - effective than most other merchant account providers in the uk and europe .
and credorax has raised nearly $ 130 million to support that vision . the last round , a $ 40 million investment including the new backer columbus nova technology partners and previous investor blumberg capital , followed a previous $ 40 million round raised last august from ftv capital .
• a – credorax is a ‘pure play’ acquirer and we prefer to remain the ‘engine’ behind the scenes , this enables us to support moduslink’s offering without interfering with their ecommerce branding and business – which clearly they are experts at given their highly successful track record across the globe .
the top 10 competitors in credorax ' s competitive set are chase paymentech , payoneer , wells fargo , worldpay , bank of america , citigroup , jpmorgan chase , panoptica , ubs and capital one . together they have raised over 4 . 7b between their estimated 1 . 0m employees .
acquiring with credorax is designed to be efficient , paperless and , of course , customised to your specific needs . that means that there will be no lengthy forms to fill out , no long onboarding processes and absolutely no fuss . just nextgen acquiring services designed to optimise your operational procedures and maximise your business growth .
by contrast , giant competitors like first data have eight or nine platforms aimed for physical points of sale , and a hodge - podge of legacy systems in different countries around the world . traditional brick and mortar vendors , or stores that only sell items in one country are not credorax’s target , according to nachman .
prior to joining credorax , sharon served as vice president of human resources at powerdsine ( nasdaq : pdsn ) , a world leader in power over ethernet technology . before that , she served as an independent consultant for several high - tech start - up companies , building recruitment procedures , employee orientation programs and organisational structures .
vantiv , inc . ( nyse : vntv ) , a leading provider of payment processing services and technology for merchants and financial institutions of all sizes , and credorax , a global merchant acquiring bank , today announced a partnership that bolsters the capabilities of vantiv’s merchants to serve global consumers via card - not - present channels .
in 2014 , credorax solidified its place as the first , truly global ‘smart’ acquirer . the company earned this title after receiving a license to process payments in japan , making it a practicing bank in over 28 countries worldwide . this in itself is extremely innovative as we are currently the only ‘pure play’ acquirer to achieve this goal .
moshe brings with him over 15 years of entrepreneurship and innovation in both start - ups and large corporates . previously credorax ' s chief revenue officer , and before that , chief marketing officer , moshe spearheaded the company ' s sales , branding and go - to - market strategy , leveraging his vast experience in sales , marketing , business development and product knowledge .
cincinnati and boston , march 16 , 2016 — vantiv , inc . ( nyse : vntv ) , a leading provider of payment processing services and technology for merchants and financial institutions of all sizes , and credorax , a global merchant acquiring bank , today announced a partnership that bolsters the capabilities of vantiv ' s merchants to serve global consumers via card - not - present channels .
to that end , credorax , is well positioned to serve these retailers and assist in both ; a ) understanding their complex omni - channel needs , and b ) providing these retailers with an omni - channel acquiring solution based on its own technology based platform as well as complementing that solution via its vast partnership network to better serve these retailers needs as they come to the fore .
partnerships with leading payment providers like acceptacard , allow credorax to bring these unique services to uk merchants . acceptacard has cornered the market on providing attainable and affordable card processing services to thousands of businesses , both offline and online . in 2013 acceptacard was recognised for its industry contribution to this market , by winning two industry awards for urltoken - the first pay as you go , multichannel service .
additionally , vantiv’s clients will have access to a global acquiring platform , meaning a seamless customer experience , key network and banking relationships that translate into fewer contractual hurdles , and easy onboarding . by partnering with credorax , vantiv is also enabling its u . s . customers to reach international markets that previously posed regulatory , cultural , and technological challenges , resulting in a faster track to innovation .
what have been some of the main challenges credorax has had to face so far ? benjamin nachman : getting licenses across multiple global territories , as there are different steps that need to be taken in terms of legislation and compliance . specifically with mpos : the challenge is to educate the market on the need to pull together to create holistic vs . modular mpos solutions in order to move the market adoption quicker .
prior to joining credorax , moshe was co - founder and vice president of marketing & product at kaminario and before that , vice president of enterprise solutions at anobit technologies . previously , he was head of international sales & business development for the financial services segment at ibm ( nyse : ibm ) , solutions director at emc ( nyse : emc ) and director of business processes development at elbit systems ( nasdaq : eslt )
what’s next on the credorax roadmap ? benjamin nachman : in terms of market focus , we have our eyes set on japan as well as continuing our growth in the european market . specifically in japan we are working to gain domestic acquiring licensing in the region . as far as our presence in the mpos market is concerned , we are focused on continuing to partner with leading players in the space to provide a holistic mpos solution .
acceptacard ' s impeccable reputation as one of the payment companies to truly understand and react to uk merchants ' business needs is what drew us to aligning with them in the first place and since entering this relationship it is clear that that they truly live up to this reputation ,
said koen vanpraet , chief commercial officer of credorax .
both companies believe this is the beginning of a very long - term partnership , already expanding into additional business endeavours .
as such , credorax has been invited to discuss our epower onboarding api . this exceptionally friendly , web - based onboarding api was developed especially for psps and their ecommerce & mcommerce merchants . the api enables fast and intuitive onboarding in an automated , secure environment , allowing for extremely quick mid setups – in most cases less than a few days . this ultimately leads to faster lead - to - cash for merchants , which is especially essential for small , micro and sole traders who can’t afford even a day without processing .
prior to joining credorax malta , charlon headed up the finance , operations , treasury and asset management departments at nemea bank , a dynamic start - up bank . he also acted as financial accountant at commbank europe ltd ( malta ) , a subsidiary of commonwealth bank of australia , before which he was assistant vice president at deutsche bank ag , new york , within the securitised products group . charlon has also worked for pricewaterhousecoopers , new york , in the banking and capital markets group , as well as for deloitte malta .
at the recent cnp expo , card not present again sat down with online merchants who shared their views on e - commerce payments and fraud and what . . .
fraud attacks against digital goods sites led the way in 2017 , contributing significantly to an overall rise in attack rates against online merchants . . .
the u . s . supreme court yesterday ruled that american express can prohibit its merchants from steering their customers to lower - cost payment cards . at . . .
new research from the minneapolis fed indicates that retailers are more concerned with fraud in their online channels than any other kind of fraud . . . .
in addition to ongoing reporting on the industry , we produce resources merchants can leverage every day to make better business decisions .
while alibaba - owned taobao and t - mall and tencent - owned urltoken dominate chinese e - commerce , a newer entrant is planning a u . s . ipo that observers . . .
black friday and cyber monday are the two biggest online shopping days of the year for u . s . merchants , and planning for those events is well underway . . .
after a string of payments - related acquisitions , paypal turned its attention back to fraud prevention this week when it acquired antifraud technology . . .
the information stolen most often in data breaches has led to an evolution in the fraud online merchants face , but a network intrusion affecting the . . .
use of the subscription model has exploded in recent years for physical products of all kinds . but , companies have been selling digital products . . .
a letter from visa to a committee of british parliament on tuesday revealed additional details of the outage experienced across europe by the card . . .
in order to meet customer demand , quick service restaurants ( qsrs ) and fast casual restaurants are jumping into the mobile and card - not - present ( cnp ) . . .
p2p mobile payments in the u . s . began to take off when millennials started to use venmo as a verb to describe making a payment to another person . . .
the power of chinese e - commerce continued to assert itself this week when google acknowledged it will invest more than half a billion dollars in . . .
a standing - room session at a major retailer loss prevention convention in dallas this week showed how the lines between protecting physical and . . .
global payments provider worldpay and french identity company idemia have launched a pilot in north america that hopes to popularize the use of debit . . .
how much can a liberal return policy cost e - commerce merchants in fraud ? for amazon it was more than $ 1 million over two years to one couple . u . s . . . .
the largest - ever capital raise will be used , in part , to expand the global reach of an online payments company . ahead of an expected 2019 initial . . .
retail e - commerce in india will grow 31 percent this year to $ 32 . 7 billion , according to research by emarketer . while the overall number currently . . .
merchants have been aware for some time that fraudsters have been attacking them in growing numbers at the account level through account takeover and . . .
the excitement surrounding frictionless payments—pioneered by sharing apps like uber , but also including voice - enabled payments through digital . . .
as the subscription model makes more inroads in e - commerce , declines due to the expiration or reissue of credit cards are becoming a more significant . . .
it’s no surprise that fraud continues to grow in the card - not - present ( cnp ) economy . the big surprise is the complacency that still hangs like a . . .
just as the work week was winding down in europe on friday , many visa cardholders across the continent were unable to use their cards . at the height . . .
e - commerce in australia grew 18 . 7 percent to $ 21 . 3 billion ( usd 17 . 7 billion ) in 2017 , a record for online spending in the nation of around 24 . . .
the size , structure , technology and measurement of fraud departments vary widely across the e - commerce industry , and many times that’s because a . . .
card not present® , cnp expo® , the cnp report® is a registered trademark of relx inc . | urltoken
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good morning , data sheet readers ! apple pay is barely one week old , but more than one million cards have been activated , making it the leading mobile payment system in the united states . plus : more businesses are taking a cue from digital application catalogs like the apple app store and google play . they are organizing corporate mobile and cloud services into enterprise “app stores . ” why , you ask ? read today’s faq to find out .
apple pay explodes , alipay linkup possible . more than 1 million apple pay “cards” were activated in the first 72 hours of the service launch , apple ceo tim cook told attendees of a wall street journal technology conference monday evening . “we are already no . 1 , ” he said . “we are more than the total of the other guys . ” this despite high - profile decisions by cvs and rite aid to turn off the service , because they are committed to a competitive alternative . besides , there’s another potentially huge supporter waiting in the wings : alibaba founder jack ma wants to integrate his alipay service with apple pay . fortune
amd hires dell executive to lead enterprise strategy . “hyperscale” computing expert forrest norrod , who most recently was general manager for dell’s server business , now manages engineering and sales for the chipmaker’s enterprise , embedded and “semi - custom” microprocessors . he reports to new amd ceo lisa su .
carriers could face $ 10 million fines for lax security . the fcc alleges that terracom and yourtel america put names , addresses , and social security numbers for more than 305 , 000 consumers at risk through inadequate data protection . its proposed penalties are meant to ensure telecommunications companies honor the “public trust” and could set a new precedent for how data breaches are considered by the government . eweek
amazon web services hires former dow jones tech chief . stephen orban’s position as head of enterprise strategy is a newly created one . he’s in charge of ensuring better interconnections between aws’s cloud services and the legacy servers , storage , and networking technology that resides in traditional corporate data centers . gigaom
netapp’s strengthens backup , management stories . it will pay $ 80 million to buy riverbed technology’s steelstore technology , which backs up enterprise storage hardware to cloud services ( it supports all the market - leading providers ) . also on tap this week : netapp is disclosing several product updates that make it simpler to manage “hybrid” data environments spread between private corporate data centers and public cloud services . plus , it is tightening relations with amazon web services and ibm’s softlayer division .
targeted attacks on the rise . at least 12 % of organizations considered in a new survey by security company kaspersky labs survey suffered one cyberattack during the past 12 months specifically intended for them ( rather than launched more broadly ) . that’s up from 9 % in 2013 . plus , ibm is the latest company to introduce a security analytics service meant to detect this sort of activity . zdnet
e - sign on the dotted line . want to make sure that talented new recruit your business wants to hire signs on with your team more quickly ? human resources software company workday is adding support for adobe systems’s echosign electronic signatures to speed hiring approvals and employee onboarding . zdnet
where’s that object ? enterprise storage swiftstack just raised $ 16 million in series b funding led by openview venture partners , bringing its total to $ 23 . 6 million . swiftstack’s technology organizes unstructured data ( think photos or songs or documents ) into “objects” that make them simpler to manage . for perspective , object storage is the foundation of amazon’s s3 service . ) swiftstack’s customers include disney , hewlett - packard , and time warner cable .
most smartphone or tablet owners are familiar with the process of downloading mobile apps from online catalogs such as google play or apple’s app store . that’s why more businesses are embracing a similar model as a method of simplifying management , disseminating updates , and controlling access to cloud services and mobile apps .
so - called “enterprise app stores” give employees the freedom to download software they need for their job without having to pester someone within the corporate it organization . at the same time , they allow more control over that’s used . research firm gartner estimates that by 2017 , at least one - quarter of businesses will use them to deliver software .
“when successful , they can increase the value delivered by the application portfolio and reduce the associated risks , license fees and administration expenses , ” says gartner analyst ian finley .
three of the more vocal software companies tackling this segment are apperian in boston , appdirect in san francisco , and flexera software in itasca , ill . since 2009 , apperian’s technology has been used to deliver more than 1 million enterprise app downloads . flexera works with about 80 , 000 companies , mostly related to its long history in software licensing technology and services . appdirect ( backed by peter thiel’s mithril capital ) is at the center of a high - profile human resources application marketplace being assembled by adp .
one early adopter of the enterprise app store concept is financing and leasing company de lage linden ( dll ) , which uses apperian’s technology . it had several rationales , starting with its need to create standardized processes for downloads . it is arming its sales partners with mobile apps that can be used to generate quotes in the field .
“if you have multiple apps that you’re considering , you want to make sure you have a consistent method for deploying them , ” says scott phelps , dll’s vice president of global e - business operations . “having an app catalog is something that allows you to do that . ”
dll also expects to use its technology for securing the data collected with its mobile apps ( rather than allowing the data to “live” on the mobile device ) and for gathering feedback about which features are used most frequently . “the ability to collect reviews and gather information about usage is very helpful , ” phelps says .
report : heavy tax burden could weigh down digital progress . did you know that bangladesh adds 57 . 8 % to information and communications technologies ( ict ) and services above its 15 % var ? indeed , many emerging nations are impeding adoption of cellphones , computers and telecommunications with “discriminatory” tariffs and taxes on both consumers and businesses . of the 125 countries studied by the information technology & innovation foundation , 31 impose taxes of at least 5 % ; several add more than 20 % .
“nations impose discriminatory taxes and tariffs on ict goods and services for a variety of reasons , including the fact that they are relatively easy to tax and are seen as luxury goods , ” the washington - based research group notes . “but because ict taxes and tariffs limit growth , the net revenue benefits from taxing ict goods and services are usually short - lived . ”
tbm conference 2014 : manage the business of it . ( oct . 28 - 30 , miami beach )
simposium 2014 : tech execs and practioners . ( nov . 2 – 4 , denver )
techonomy14 : tech - driven transformation . ( nov . 9 – 11 , half moon bay , calif . )
aws re : invent : the latest about amazon web services . ( nov . 11 – 14 , las vegas )
gartner data center conference : ideas for operations and management . ( dec . 2 – 5 , las vegas )
ibm interconnect 2015 : cloud and mobile strategy . ( feb . 22 – 26 , 2015 ; las vegas )
microsoft convergence 2015 : dynamics solutions . ( march 16 – 19 , 2015 ; atlanta )
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our vision is to continue to be a global bank for the merchant . one that enables any merchant - regardless of its size or geographical location – to profit from untapped , new consumer ecommerce markets that were not available to them prior due to regulatory or technological obstacles .
we believe this platform is the ‘missing link’ in cross - border ecommerce . we recognise the need for a truly global acquirer with local bins in all major jurisdictions plugged into the same platform , along with the quickest most agile merchant onboarding processes and the most robust bi platform to allow true business analytics .
in general japanese local consumption is in decline , due to demographic factors ( aging population etc . ) therefore japanese companies and merchants are looking more and more to sell cross - border and export . therefore the japan market which was quite closed and ‘in house’ in mode is changing and evolving .
first and foremost , the ecommerce market size of asia pacific has overtaken the north american ecommerce market and will keep growing .
• third - party payment providers : an emergence and further growth of third - party payment providers , particularly in china , that are active in the online acquiring space . we do see that the online acquiring space is mainly dominated by third party payment providers and this trend will continue to grow ( meaning non - traditional banks and financial institutions ) .
• mobile payments : mobile payments will experience an even stronger growth , as the majority of cnp transactions in china are made by mobile - unlike europe and the us where the dominant medium is still the computer .
• regulations : the asian region will continue to undergo major changes in payments regulation policy . expect to see major changes with regards to payments regulation in china , including more foreign enterprises to enter the chinese payments market next year .
in addition , we also believe japan will extend its cross - border ecommerce activity as merchants are motivated to increase incoming flows by exporting beyond the limited local market .
mpe is one of the major key events for the payments industry from all over the world . our expectations from the event are two - fold .
1 . firstly , we come to meet existing and new strategic partners and psps in order to reinforce our existing alliances and form new ones .
2 . secondly , mpe is a large and extremely professional ‘payment seminar’ . as a technology - centric acquirer , we are invited by the show organizers each year to share our new technology products that are innovating the industry .
connecting back to your first question , on a macro level , our vision is to continue to roll out our single , unified platform to enable cross - border e - commerce . however , on a micro level , locally within europe , our core business focus is to continue to provide our partners and customers with products that can enable them to seamlessly and quickly profit from e - commerce .
© 2018 the paypers . all rights reserved . no part of this site can be reproduced without explicit permission of the paypers ( v2 . 7 ) .
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unique nextgen smart acquiring & payment processing technology provides value - added , end - to - end business services and tools required to help grow online businesses with maximum success .
assisting merchants to increase customer satisfaction , minimise chargebacks and improve transaction rates , we provide 24 / 7 customer support to answer every kind of customer inquiry — on demand .
digital , cross - border , omnichannel processing for psps , isos , pfs and merchants .
fast , secure , turnkey payment processing , at the push of a button .
we are a licensed merchant acquiring bank providing cross - border smart acquiring services to global merchants and payment service providers . remaining true to our hi - tech roots and focus , we are creating the next generation of technology - driven banking solutions for the ecommerce arena .
we ' re always happy to discuss your individual smart acquiring needs , wherever you are .
to continue to provide a unified , global , domestic payments experience to merchants and partners .
. . . because in 2018 , i can ' t think of a single reason why payment processing should not be as fast , simple and easy as swiping the screen on your mobile phone .
at powerdsine , igal pioneered power over ethernet ( poe ) technology , taking the company from start - up to global leader in its field . in october 2006 , igal led the acquisition of powerdsine by microsemi corp ( nasdaq : mscc ) for over $ 25o million .
before his time at powerdsine , igal served as ceo of butterfly communications , a leader in bluetooth semiconductors ( later acquired by texas instruments ) .
moshe holds a bsc in industrial engineering and information systems , and an mba from haifa university .
previously , aviram was cfo at powerdsine ( nasdaq : pdsn ) , acquired by microsemi inc . ( nasdaq : mscc ) for over $ 250 million , and before that , vice president of finance at alvarion ltd . ( nasdaq : alvr ) , a leading provider of wireless broadband solutions .
aviram is a cpa and holds a b . a . in accounting and economics in addition to an mba specialising in finance and accounting .
sharon brings with her over 15 years of experience in human resources , where her expertise spans recruiting , team building in international organisations and corporate and management structuring .
sharon has a ba in sociology from hebrew university and a masters in nlp . she is also a certified proactive coach of cti , california .
nathan has considerable business experience both as a commercial lawyer and a businessman . he began his career as an attorney , managing multifaceted business transactions in various fields .
in 2003 , nathan left the practice of law and went on to establish a chain of specialty fitness clubs , which he subsequently both managed and developed into a business that serves over 6 , 000 clients with annual turnover in excess of $ 4 . 5 million . his main area of expertise is business development and high - level sales .
charlon is a certified chartered accountant and holds an official qualification from the acca ( association of chartered certified accountants ) .
we ' ve combined our three core offerings of licensed international acquirer , innovative business solutions and nextgen technology into one unique smart acquiring solution designed to provide you with an acquiring experience unlike any other .
tailor your setup per individual merchant for maximum transactions via customisable transaction rules , types , amounts , credit cards , countries , etc .
enjoy the little things that make all the difference : 24 / 7 customer support , customised reporting , data integration services and daily transaction reports .
keep an eye on a typical merchant activity — from traffic health and activity to real - time alerts on traffic drops and suspicious transactions .
managing the arcane arts of processing transactions for online purchases is a complicated job . once a shopper enters the numbers on their card , the expiration date on their credit card , and their zip code , a complicated machinery of transaction processors springs into action representing both buyer , seller , and processing network in a matter of seconds . until now , most of the infrastructure to support those sales existed in silos , but
a small startup based outside of boston in southborough , mass . is looking to change that .
the company has spent the past six years laying the groundwork to build an integrated , international architecture for online retailers to receive payments , no matter their location . the idea , according to company chief executive benny nachman is to give online retailers one service provider for any geography around the world .
“the exchange of money , ideas , and services is becoming increasingly international , so countries and geographies become less important , ” nachman says . “i’m a pure play acquirer that deals with e - commerce and mobile commerce . ”
“the e - commerce market is $ 1 . 2 trillion and 30 % of this is cross - border , ” says nachman .
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what an awesome night we had on malta’s beach ! good food , cool drinks and great clients . thank you all for joining us and have a fantastic summer ! urltoken
. our strategy : educate leadership within the company , create program matching requirements to business processes . read more :
london calling ! meet alexander alexiev at the digital travel summit today & tomorrow in london to discuss # digital # payment solutions . @ digitaltraveleu # digitaltravel schedule a meeting : alexander . alexiev @ urltoken urltoken
a marriage made in heaven ? # gdpr & # psd2 . nir chervoni shared his knowledge and thoughts about evolving # fintech risks and opportunities yesterday at fintech junction . urltoken
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today , the company is still first of its kind in the fact that it is one of the world’s first high - tech companies to become a principal level member of visa and mastercard and a licensed financial institution under the payment services directive . our success we believe is due to our unique business model , which we have coined and is now known successfully in the industry as ‘smart acquiring” , an offering that provides partners and merchants with a completely technology - driven unified payment processing and acquiring technology platform and service .