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Fusion Connect Celebrates Record-Setting Channel Performance with Best Quarter in Company History

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2 months ago

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ATLANTA, July 18, 2024 /PRNewswire/ — Fusion Connect, a recognized and proven leader in delivering cloud communications solutions with one-vendor simplicity, is excited to announce record-setting Q2 channel growth and momentum. Experiencing its strongest quarterly channel performance in history, Fusion Connect surpassed all previous bookings, ARPU, and new partner recruitment levels.

“Fusion Connect and its partners drove 248% ARPU growth and 78% growth in channel bookings in Q2, both year-over-year.”  

Record-Breaking Channel Growth 

Fusion Connect and its partner community drove an incredible 248% average revenue per unit (ARPU) growth through the channel in Q2, and realized 78% growth in channel bookings in Q2, both year-over-year.

In today’s economic climate, customers are looking to spend less time managing technology and more time running their business, according to leading reports.  The result is a heightened focus on vendor consolidation and cost optimization of their technology investments. In fact, 95% of CIOs plan to consolidate vendors in the next 12 months, looking for more strategic partners, each with a broader degree of capabilities.

“Partnering with Fusion Connect is fantastic. Customers strongly prefer Fusion Connect’s solutions and value the exceptional customer care and overall experience they receive,” said Jerry Goldman, CEO of Select Communications, a leading Fusion channel partner. “Fusion Connect enables customers to concentrate on their core business by having Fusion manage their complex IT tasks, paving the way for customer success. Fusion’s comprehensive and innovative solutions streamline operations, reduce downtime, and enhance productivity. The positive feedback we receive from our customers speaks volumes about the value Fusion Connect brings to their operations.”  

“These standout results, in our second quarter at Fusion, stem directly from our recent investments in the partner ecosystem, and our enhanced focus on the channel, all as part of a complete overhaul ushered in by new leadership here,” said Pieter Uittenbogaard, Chief Revenue Officer at Fusion Connect.  “Our much-strengthened focus on the channel means that our success this quarter is just the start, and the best is yet to come. We strive to continually enhance our offerings and to provide industry leading support to our channel partners, resulting in greater success together.”

Our Investments for Channel Success and Growth

Fusion Connect continues to make new strategic investments to enrich its channel programs and to expand its partner network, including:

Building out a larger team of proven channel experts in sales, quoting support, channel marketing, and partner on-boarding, including a 40% increase in channel managers under new leadership with a proven track record building high performing groups.Significantly expanding our channel programs with new content, more participation in TSD events, and the launch of our own multi-city education and recruitment roadshow series, called Fused!, which is equal part listening and sharing valuable information for both new and existing channel partners.Enhanced lead generation, a fast-growing funnel, and dedicated channel marketing programs.A new center of excellence for partner success.And, last but certainly not least, a much-enhanced partner compensation programs including higher SPF’s and new commission for existing customer renewals.

“Fusion Connect’s keen focus on the channel is creating a world-class experience for technology advisors and customers alike. Their traction in the marketplace is clear evidence,” said Richard Murray, Chief Commercial Officer at Telarus. “Telarus has cultivated a close working relationship with Fusion Connect over the years and we are excited about the recent, meaningful investments their leadership is making in the channel. It’s great to be part of this winning ecosystem.”  

“At Fusion Connect, we’re not just committed to our partners – we are passionate about empowering them. We are making an unwavering commitment to ensure that doing business with us is a seamless and supportive experience,” said Jeff Winnett, VP of Global Channel Success at Fusion Connect. “I would like to thank our large group of channel partners, new and old, for their commitment and contributions.  We look forward to contributing to their success.”

Visit our website for more information about Fusion Connect or becoming a Fusion Connect partner.

About Fusion Connect
As an industry leading cloud communications provider, Fusion Connect takes pride in removing complexity so customers can focus on running their business. It’s simply what we do. We use our deep technical expertise and industry know-how to build the ‘right-fit’, best of breed communications and collaboration solutions for our customers, be it managed broadband access, UCaaS, CCaaS, SD-WAN, managed security, or Microsoft Teams. Fusion Connect, a Morgan Stanley Company, takes a unique customer-first approach to building, implementing, and supporting customized solutions with uptime performance backed by an industry-leading service guarantee. For more information on how to get started, visit Fusion Connect or connect with one of our experts at +1-888-301-1721.

Press Contact:
Fusion Connect
PR@fusionconnect.com
470-731-7553

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SOURCE Fusion Connect

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Technology

Cash Industry Stakeholders to Gather in Chicago for the Secure Cash and Transport Association’s Annual Conference

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51 mins ago

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September 25, 2024

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The 2024 SCTA Conference, taking place in Chicago on October 9-11, will host cash industry professionals and feature a keynote address by 29-time Emmy Award winner and Hall of Fame keynote speaker, Bill Stainton.

PURCELLVILLE, Va., Sept. 25, 2024 /PRNewswire-PRWeb/ — The Secure Cash & Transport Association (SCTA), a nonprofit group representing professionals in ATM servicing, cash handling and processing, transportation, and safekeeping of cash and coin throughout North America, is set to welcome nearly 200 attendees to its annual conference in Chicago on October 9-11, 2024. The annual SCTA Conference supports the Secure Cash & Transport Association’s overarching mission to protect, strengthen, and unite the cash-in-transit and cash-servicing industries. This year’s event theme is “Adopting and Adapting to Technology: What’s Next?”

“I believe the next chapter for us all is to focus on building resilience, ensuring that our industry can keep pace with technological advancements and thrive amidst them.”

The conference brings professionals and thought leaders together to review critical trends and issues impacting the cash industry’s safety, security, and overall success. This year’s event features a keynote address by 29-time Emmy Award winner and Hall of Fame keynote speaker, Bill Stainton. Stainton’s address, “Connect the Dots: Innovation in the Cash Service Industry,” will debunk several myths about creativity and innovation and delve into what it means to be a game-changer in the cash industry.

The 2024 SCTA Conference will feature more than a dozen informative sessions delivered by leading experts in cash-in-transit, banking, retail, security, cybersecurity, insurance, and compliance. The full schedule for the event can be found at scta.securetransportassociation.org/agenda.

D. Mark Lowers, President of the Secure Cash and Transport Association, reflects on this year’s focus on innovation, “As leaders, we’ve had to navigate the rapid pace of technological change, integrating new systems and solutions to maintain business continuity and enhance safety and security. This adaptation has sharpened our skills and brought about greater efficiency. However, I believe the next chapter for us all is to focus on building resilience, ensuring that our industry can keep pace with technological advancements and thrive amidst them.”

Details about the event, registration information, and association membership details can be found on the event website at https://scta.securetransportassociation.org.

About the Secure Cash & Transport Association (SCTA)

The Secure Cash & Transport Association (SCTA) is a non-profit association established in 2013 to represent the shared interests of professionals in ATM servicing, cash handling/processing, transportation, and safekeeping of cash and coin throughout North America. Industry groups represented by the association include armored operators, insurance providers, truck builders, financial institutions, ATM cash providers, coin wrappers, security surveys and compliance providers, retailers, and loss adjusters.

Learn more at securetransportassociation.org.

Media Contact

Michael Gaul, Secure Cash & Transport Association, 1 (540) 338-7151, mgaul@securetransportassociation.org, https://www.securetransportassociation.org/

View original content to download multimedia:https://www.prweb.com/releases/cash-industry-stakeholders-to-gather-in-chicago-for-the-secure-cash-and-transport-associations-annual-conference-302258222.html

SOURCE Secure Cash & Transport Association

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Technology

PayPal Enables Business Accounts to Buy, Hold and Sell Cryptocurrency

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51 mins ago

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September 25, 2024

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Company also provides the ability for business accounts to externally transfer cryptocurrency

SAN JOSE, Calif., Sept. 25, 2024 /PRNewswire/ — PayPal Holdings, Inc. (NASDAQ: PYPL) announced it is enabling its U.S. merchants to buy, hold and sell cryptocurrency directly from their PayPal business account. At launch, this functionality for Business Accounts will not be available in New York State. Today’s announcement is PayPal’s latest step to increase cryptocurrency‘s utility by making increased functionality available to millions of merchants in the U.S. 

“Since we launched the ability for PayPal and Venmo consumers to buy, sell, and hold cryptocurrency in their wallets, we have learned a lot about how they want to use their cryptocurrency,” said Jose Fernandez da Ponte, Senior Vice President of Blockchain, Cryptocurrency, and Digital Currencies, PayPal. “Business owners have increasingly expressed a desire for the same cryptocurrency capabilities available to consumers. We’re excited to meet that demand by delivering this new offering, empowering them to engage with digital currencies effortlessly.”

Additionally, PayPal is enabling U.S. merchants to externally transfer cryptocurrency on chain to third-party eligible wallets. PayPal business account holders can now send and receive supported cryptocurrency tokens to and from external blockchain addresses.

PayPal has continuously made significant steps to increase cryptocurrency‘s utilization. In 2020, PayPal announced the availability of its customers to buy, hold and sell cryptocurrency directly from their PayPal and Venmo accounts. In 2023, PayPal announced the launch of a U.S. dollar-denominated stablecoin, PayPal USD (PYUSD). In April 2024, we enabled PYUSD as a funding instrument for our Xoom platform, allowing users to pay no transaction fees when using PYUSD to fund eligible transfers to friends and family abroad. Most recently, PYUSD was made available on the Solana blockchain, providing users with the choice of multiple blockchains allowing for increased flexibility and control.

About PYUSD

PayPal USD is issued by Paxos Trust Company, a fully chartered limited purpose trust company. Paxos and its products – including expansion to new blockchains – are licensed to engage in Virtual Currency Business Activity by the New York State Department of Financial Services. Reserves for PayPal USD are fully backed by U.S. dollar deposits, U.S. Treasuries and similar cash equivalents, and PayPal USD can be bought or sold through PayPal and Venmo at a rate of $1.00 per PayPal USD.

Issuance and custody of PayPal USD is performed by Paxos Trust Company, LLC. Learn more in PayPal’s Cryptocurrency Terms, and in the Paxos Terms that also apply to PYUSD.

About PayPal

PayPal has been revolutionizing commerce globally for more than 25 years. The company creates innovative experiences that make moving money, selling, and shopping simple, personalized, and secure. PayPal empowers consumers and businesses in approximately 200 markets to join and thrive in the global economy. For more information, visit https://www.paypal.com, https://about.pypl.com/ and https://investor.pypl.com/.

Media Relations Contacts: 
Nicole Cutler
mediarelations@paypal.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/paypal-enables-business-accounts-to-buy-hold-and-sell-cryptocurrency-302259069.html

SOURCE PayPal Holdings, Inc.

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Technology

KIWI design Unveils Made For Meta Products at Meta Connect 2024

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51 mins ago

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September 25, 2024

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MENLO PARK, Calif., Sept. 26, 2024 /PRNewswire/ — KIWI Design, a leading innovator in high-quality XR accessories, has successfully added two products to the “Made For Meta” program since 2023. In 2024, KIWI design was invited to participate in the Meta Connect event, where they presented three new “Made For Meta” products. These innovations come equipped with significant upgrades designed to enhance the immersive experience for XR enthusiasts. According to their official social media announcements, more products will be released in Q4.

With the introduction of the Made For Meta line, KIWI design continues to set the standard in the XR accessory market. Each product is designed with user feedback in mind, ensuring that every detail contributes to a more enjoyable and engaging XR experience.

“Our goal is to provide XR lovers with the most immersive experience.” stated Ray, CEO of KIWI design. “We are thrilled to introduce these new products, which embody our unwavering commitment to quality and innovation.”

Since its inception, KIWI design has built a reputation for crafting user-friendly and reliable XR accessories that are widely appreciated by consumers. This announcement features upgrades to their flagship products, promising a more comfortable and enjoyable experience for users.

As KIWI design moves forward, the company remains dedicated to its mission: “Pioneering Comfort and Immersion in Every XR Moment.” The unveiling of these new products at Meta Connect represents a significant step towards this goal, and the company is excited to continue innovating for the XR community.

For more information about KIWI design, please visit official website and follow KIWI design on Facebook, Instagram, X, YouTube and TikTok.

https://www.kiwidesign.com/

https://www.facebook.com/KIWIdesignOfficial

https://www.instagram.com/kiwidesignins/

https://x.com/KIWIdesign_shop

https://www.youtube.com/channel/UCOzFWarIschBuBfNz01Oucw

https://www.tiktok.com/@kiwidesign_official

SOURCE KIWI design

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