Connect with us

Technology

Paze Hits Major Milestone: 125 million Credit and Debit Cardholders Can Check Out Online

Published

on

New online checkout solution available to credit and debit cardholders at Bank of America, Capital One, Chase, PNC Bank, Truist, U.S. Bank, and Wells Fargo 

New general manager to lead next phase of Paze SM growth  

NEW YORK, Oct. 1, 2024 /PRNewswire/ — Paze SM, a new online checkout solution from Early Warning Services, LLC., (EWS) is now available for more than 125 million credit and debit cards across the United States. To enroll, eligible customers must activate their Paze digital wallet from their participating banks’ mobile app or when checking out at a participating online retailer. In addition to this milestone, Serge Elkiner joins as Paze general manager to lead the product into its next phase of growth. 

Paze, a reimagined digital wallet offered by banks and credit unions, will combine all eligible credit and debit cards into a single wallet, eliminating the need for manual entry at online checkout. The online checkout solution also provides added security by tokenizing credit and debit card numbers, meaning the 16-digit card number is not shared with the merchant when consumers use Paze to check out. 

Paze was designed with both merchants and shoppers in mind, helping to solve key pain points in the online shopping experience. Checking out with Paze is an easy and convenient experience with no manual card entry, no new passwords to remember1, and no need to download third-party payment applications. With its intuitive interface, Paze empowers consumers to navigate the online checkout process with ease and convenience, while helping to reduce cart abandonment for merchants. 

To date, Paze has provisioned more than 125 million credit and debit cards across Bank of America, Capital One, Chase, PNC Bank, Truist, U.S. Bank, and Wells Fargo. 

“It’s becoming crucial to ensure a convenient online checkout, as more shoppers continue to transition to a digital shopping experience,” said Cameron Fowler, CEO of Early Warning. “Paze now provides more than 125 million credit and debit cardholders the ability to check out easily with the added security of tokenization. We’re also helping merchants to optimize e-commerce transactions and reduce shopping cart abandonment.”

Growing Number of Merchants Adding Paze 

Merchants continue to integrate Paze into their online checkout experience. For example, Teleflora, a near century-old floral service, implemented Paze to provide customers with a better checkout experience. 

“Adding Paze to our online checkout experience gives our customers convenient access to their preferred cards, making them more likely to complete their purchase,” said Matt Faulk, vice president, finance operations, Teleflora. “We’re always looking for ways to enhance our best-in-class shopping experience, and we are pleased to offer a simplified checkout process for the millions of cardholders who can now shop with Paze.”  

In addition to Teleflora, Paze is available at Sephora, ShopRite, Harry & David, Cheryl’s Cookies, The Fresh Grocer, Party City, and Broadway.com, plus GoDaddy’s online payment options available for thousands of small businesses. For a complete list of merchants offering Paze as an online checkout solution, visit the Paze merchant directory.

New General Manager to Lead Next Phase of Paze Growth 

Serge Elkiner, a payments industry leader and tech founder, has joined Early Warning to serve as general manager of Paze.  

Elkiner joins EWS from Visa, where he served as the global head of product for money movement solutions, including Visa Direct. Previously, Elkiner co-founded YellowPepper, a fintech pioneer that played a pivotal role in reshaping mobile payments in Latin America and the Caribbean. 

Elkiner will drive further momentum for Paze and oversee strategy, product development, and financial performance. Leveraging his years of experience in digital finance, he will work closely with financial institutions and partners to double down on merchant adoption and drive growth across broader consumer usage of Paze.

“We’re proud of our achievements so far, and this is just the beginning for Paze. I look forward to having Serge drive consumer, issuer, and merchant adoption across the U.S.,” said Fowler.  

About Paze  

Paze is a reimagined online checkout solution that banks and credit unions offer to consumers and merchants, combining all eligible credit and debit cards into a single wallet and eliminating manual card entry. Solving long-standing challenges in e-commerce, Paze provides an easy experience for consumers and merchants alike. At general availability, more than 150 million credit and debit cards will be available to consumers for making online purchases. To learn more about Paze, visit www.paze.com. Paze is operated by Early Warning Services, LLC, an innovator in financial and risk management solutions.

1 Some merchants may require account setup to make purchases.   

Paze and the Paze related marks are wholly owned by Early Warning Services, LLC. Other product and company names mentioned herein are the property of their respective owners.  

View original content to download multimedia:https://www.prnewswire.com/news-releases/paze-hits-major-milestone-125-million-credit-and-debit-cardholders-can-check-out-online-302264038.html

SOURCE Early Warning Services, LLC

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

LPL Solar Welcomes Lewis Newton to the Leadership Team

Published

on

By

Lewis joins LPL Solar as Vice President of Accounting

FORT LAUDERDALE, Fla., Oct. 1, 2024 /PRNewswire/ — LPL Solar LLC is pleased to announce the appointment of Lewis Newton to its Leadership Team. With extensive experience in construction financials, Lewis has ensured the accuracy of financial reporting across numerous projects while leading financial analysis initiatives that optimized cost management and improved project profitability. Before joining LPL Solar, he served as Operations Controller for Moss and Associates, LLC, where he implemented innovative solutions that streamlined financial processes, enhanced his teams’ strategic decision-making, and fueled company growth.

Lewis joins LPL Solar as Vice President of Accounting

“We are thrilled to welcome Lewis to our team,” says Mike Little, president of LPL Solar. “We are committed to continually improving our processes and maximizing efficiency while delivering sustainable energy solutions. Lewis’s experience and expertise align perfectly with our vision, and we are eager to leverage his many skills to drive innovation and improvement within our organization.”

Lewis’s dedication to innovation and analytical precision, combined with his knowledge of integrating technological solutions, will be pivotal in advancing LPL Solar’s mission to provide cleaner, more sustainable energy solutions.

About LPL Solar LLC
LPL Solar LLC is a distinguished leader in the construction of utility-scale solar plants, renowned for its unwavering commitment to excellence and sustainability. With a strong emphasis on self-perform capabilities, LPL Solar caters to a diverse clientele, including utility companies and independent power producers. The company offers comprehensive Engineering, Procurement, and Construction (EPC) services, covering a broad spectrum of energy infrastructure, including PV Plants, Substations, Switchyards, and cutting-edge Battery Energy Storage Systems (BESS). Learn more at www.LPLSolar.com

For media inquiries or further information, please contact:
LPL Solar | Shelby Morris, Director of Marketing
Phone: 954-868-1863 | Email: smorris@lplsolar.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/lpl-solar-welcomes-lewis-newton-to-the-leadership-team-302264108.html

SOURCE LPL Solar LLC

Continue Reading

Technology

Asset Performance Management Market worth $3.19 billion by 2029 – Exclusive Report by MarketsandMarkets™

Published

on

By

DELRAY BEACH, Fla., Oct. 1, 2024 /PRNewswire/ — The Asset Performance Management Market is expected to grow from USD 1.91 billion in 2024 to USD 3.19 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 10.8% during the forecast period, according to a new report by MarketsandMarkets™.  A need for optimizing cost efficiency will boost the growth of the Asset Performance Management Market during the forecast period.

Browse in-depth TOC on “Asset Performance Management Market”

280 – Tables
55 – Figures
300 – Pages

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=72801714

Scope of the Report

Report Metrics

Details

Market Size Available For Years

2019–2029

Base Year Considered

2023

Forecast Period

2024–2029

Forecast Units

Value (USD Billion)

Segments Covered

Offering, Asset Type, Deployment Type, Organization Size, Vertical

Regions Covered

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America

Companies Covered

ABB (Switzerland), GE Vernova (US), AVEVA (UK), IBM (US), SAP (Germany), Emerson (US), Bentley Systems (US), Rockwell Automation (US),  DNV (US), Fluke (US), Siemens Energy (Germany), Oracle (US), Yokogawa (Japan), SAS (US), Arms Reliablity (Australia), Synopsys (US), Honeywell (US), Prometheus Group (US), Hexagon (Sweden), Nexus Global (US), Detechtion Technologies (US), IPS Intelligent Process Solutions (Germany), Plasma (US), Tenna (US), Uptake (US), UpKeep (US), Shoreline AI(US), MentorAPM (US), Fracttal (Spain), MicroAI (US), VROC (Australia), Opetational Sustainability (US), Qualer (US), and MaintainX (US).

By deployment type, the cloud segment will grow at the highest CAGR during the forecast period.

The penetration of cloud deployment in the asset performance management (APM) market is anticipated to witness the fastest growth in the rate of compound annual growth (CAGR) during the projected years because of the improvements in scalability, cost, and reach of these systems. Businesses have adopted such solutions mainly because of advanced analytics, real-time monitoring, and collaboration, which can be integrated to improve decision-making and productivity. The shift towards digital transformation and the growing adoption of Internet of Things (IoT) technologies further drive the demand for cloud-based APM solutions. As organizations seek to enhance asset utilization and reduce downtime, cloud deployment offers a flexible and innovative approach to managing assets effectively.

Request Sample Pages@ https://www.marketsandmarkets.com/requestsampleNew.asp?id=72801714

The solutions segment will hold the largest market share in 2024 by offering.

In the asset performance management (APM) market, the solutions segment is projected to hold the largest market share during the forecast period. This is because many organizations seek ways to enhance productivity, minimize idleness, and use their assets best. Advanced analytics, reliability-centered maintenance, the scent of the Internet of Things, and total device monitoring provide valuable intelligence about assets’ health and performance. Therefore, organizations are purchasing more APM approaches to facilitate better planning, encourage predictive maintenance, and reduce operational expenses. This highlights the essential role of technology in transforming asset management strategies across various industries.

Based on region, the Asia Pacific region will grow at the highest CAGR during the forecast period.

The Asia Pacific region is set to grow at the highest compound annual growth rate (CAGR) in the asset performance management (APM) market during the forecast period, driven by its status as a significant digital hub and rapid adoption of cloud technology. With public cloud spending in major economies such as China, Japan, Australia, Singapore, India, and Indonesia increasing, businesses are recognizing digital transformation’s vital role in enhancing operational efficiency—the urgency of cloud access, which the COVID-19 pandemic has intensified. Providing significant opportunities for APM suppliers, industries such as manufacturing, energy, transportation, and chemicals are embracing advanced technologies such as AI, IIoT, and analytics. This partially addresses the need for APM solutions. A national framework has also been developed to realize Industry 4.0 to increase productivity and economic resilience post-pandemic. These policies are necessary for the proper infrastructural strategy that promotes the adoption of connecting technologies such as machine learning and digital twins. The APM market is expected to expand significantly as the region adopts cloud-based strategies and intelligent manufacturing practices. This is driven by a focus on asset optimization and sector leveraging.

Inquire Before Buying@ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=72801714

Top Key Companies in Asset Performance Management Market:

Some of the key players operating in the Asset Performance Management Market are –ABB (Switzerland), GE Vernova (US), AVEVA (UK), IBM (US),  SAP (Germany), Rockwell Automation (US), Emerson (US), Bentley Systems (US), DNV (US), Fluke (US), Siemens Energy (Germany), Oracle (US), Yokogawa (Japan), SAS (US), Arms Reliability (Australia), Synopsys (US), Honeywell (US), Prometheus Group (US), Hexagon (Sweden), Nexus Global (US), Detection Technologies (US), IPS Intelligent Process Solutions (Germany), Plasma (US), Tenna (US), Uptake (US), UpKeep (US), ShorelineAi (US), MentorAPM (US), Fractal (Spain), MicroAI (US), VROC (Australia), Operational Sustainability (US), Qualer (US), and MaintainX (US).

Browse Adjacent Markets: Software and Services Market Research Reports & Consulting

Related Reports:

Application Modernization Services Market – Global Forecast to 2029

Fintech as a Service Market – Global Forecast to 2029

Software Asset Management Market – Global Forecast to 2029

Event Management Software Market – Global Forecast to 2029

Mass Notification System Market – Global Forecast to 2029

Get access to the latest updates on Asset Performance Management Companies and Asset Performance Management Industry 

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Contact:
Mr. Rohan Salgarkar
MarketsandMarkets™ INC.
1615 South Congress Ave.
Suite 103, Delray Beach, FL 33445
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit Our Website: https://www.marketsandmarkets.com/

Logo: https://mma.prnewswire.com/media/1951202/4609423/MarketsandMarkets.jpg 

 

View original content:https://www.prnewswire.co.uk/news-releases/asset-performance-management-market-worth-3-19-billion-by-2029—exclusive-report-by-marketsandmarkets-302263519.html

Continue Reading

Technology

VMRay Welcomes Thomas Weiss as Chief Revenue Officer to Drive Global Growth

Published

on

By

VMRay, a global leader in advanced threat detection and malware analysis, is thrilled to announce the appointment of Thomas Weiss as Chief Revenue Officer (CRO).

BOCHUM, Germany, Oct. 1, 2024 /PRNewswire-PRWeb/ — In this pivotal role, Thomas will spearhead VMRay’s global sales and marketing efforts, driving sustainable growth and revenue generation as the company continues to expand its footprint in the cybersecurity space. His leadership will be critical as VMRay seeks to capitalize on its success in delivering the best-of-breed solutions for cybersecurity teams facing unknown, evasive, and targeted threats.

His competence and leadership come at a pivotal time as we continue to reinvent sandboxing for the digital threats of today and tomorrow.

Thomas Weiss brings more than 20 years of industry experience, with a proven track record of increasing market share, revenue, and profitability in cybersecurity and technology sectors. With deep expertise across key cybersecurity segments, including advanced threats, Weiss is poised to enhance VMRay’s market position as a trusted partner for the most demanding security teams in the world.

“We’re delighted to welcome Thomas to the VMRay team,” said Dr. Carsten Willems, CEO of VMRay. “His competence and leadership come at a pivotal time as we continue to reinvent sandboxing for the digital threats of today and tomorrow. With a wealth of experience in growing revenues and market share globally, Thomas is uniquely positioned to help drive the next phase of our growth.”

“I’m excited to join VMRay, a company that not only sets the standard for innovation but also embodies a relentless commitment to excellence,” said Thomas Weiss. “VMRay’s unique focus on detecting and analyzing unknown and evasive threats sets it apart from the competition. I look forward to driving the company’s global growth, delivering even greater value to our customers, and supporting VMRay’s mission to protect the world from undetectable digital threats. I am energized by the opportunity in front of us at VMRay and look forward to partnering with our customers and the VMRay-Team, as we embark on our next phase of growth.”

Thomas’ career highlights include delivering outstanding business results at companies ranging from startups to public entities with hundreds of millions in revenue. His deep market knowledge spans EMEA, Asia Pacific, and the U.S., making him an ideal fit to lead VMRay’s continued global expansion.

With Thomas at the helm of its commercial operations, VMRay aims at accelerating its growth trajectory, leveraging its position as the best solution in its class to help security teams stay ahead of the evolving and emerging malware and phishing threats.

For more information, please visit vmray.com

About VMRay:

At VMRay, our purpose is to liberate the world from undetectable digital threats. Led by reputable cyber security pioneers, we develop best-of-breed technologies to detect and analyze unknown, evasive, and sophisticated threats that others miss.

We empower organizations to accelerate analysis and response, automate security tasks, and build their own threat intelligence by providing the world’s best detection and analysis platform for malware and phishing threats.

Media Contact

Fatih Cam, VMRay, 49 17629218887, fcam@vmray.com, vmray.com

View original content to download multimedia:https://www.prweb.com/releases/vmray-welcomes-thomas-weiss-as-chief-revenue-officer-to-drive-global-growth-302264014.html

SOURCE VMRay

Continue Reading

Trending