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IndustryUpdate

growth and impact – among other core contributions
and attributes. “To me, this is a team award that honors
the passion and drive of nearly 300 Celero employees
and dozens of strategic partners," Jones said.

Nacha issues guide for voice payments contracts
Nacha's Payments Innovation Alliance created a legal
and risk mitigation resource guide for financial institu-
tions seeking to implement voice payments capabilities
and applications through smart devices, such as the
Amazon Echo and Google Nest. As part of the series of
Alliance Executive Briefings addressing conversational
payments, Voice Payments Contractual Considerations for
Financial Institutions provides background on the impor-
tance of terms and conditions when offering voice pay-
ments services and how terms may be modified to best
ANNOUNCEMENTS fit their skill. This guide also offers an overview of use
cases, best practices for risk mitigation and a glossary of
terms.
EMVCo contactless kernel spec open for review
VizyPay wins two Stevie Business Awards
Global technical body EMVCo is developing an EMV
Contactless Kernel Specification to simplify and advance VizyPay, a payment processing company for small busi-
global contactless payment acceptance. Following a nesses, was honored with two Silver Stevie Awards in
review with EMVCo Associates, a draft specification is the 20th Annual American Business Awards. VizyPay
now available on the EMVCo website, www.emvco.com, won Silver in the Fastest Growing Tech Company of the
for public review. EMVCo plans to release the final spec- Year–Up to 100 Employees category, and its payment
ification later in 2022 once its publication is approved by processing app, VizyPOS, won Silver in the FinTech
the EMVCo Board of Advisors. A contactless kernel pro- Solution category. VizyPay reported installing more than
vides a set of functions for payment acceptance devices 12,000 merchants across the nation and surpassing $2
to process contactless transactions. More than 20 pay- billion in total payments processed.
ment system contactless kernels are in use worldwide,
EMVCo stated, adding that the complexity and cost of “VizyPay’s growth is something I’m particularly proud
maintaining this multi-kernel environment is a growing of," said Austin Mac Nab, CEO and founder of VizyPay.
challenge for the payments community. "It all began with a dream and a small team willing to
do whatever it took to make it happen. ... Our fintech
Finzly a double PayTech Awards finalist department is especially incredible. This award is proof
that VizyPOS is changing the game for small business
Finzly, a fintech provider of modern banking applica- owners.”
tions for payments, foreign exchange, trade finance
and account opening, was named a finalist in the 2022 RESEARCH
PayTech Awards in two categories. The PayTech Awards
recognize excellence and innovation in the use of tech-
nology across payments and financial services. The win- SMBs remain resilient, Chase survey finds
ners will be announced at a ceremony on July 1, 2022,
at the Merchant Taylors’ Hall in London. Finzly was Nearly half of U.S. small business owners (48 percent)
shortlisted for Best Paytech Partnership and Best Cross are feeling more upbeat about their company’s perfor-
Border Payments Solution. mance since this time last year, citing strong technology
infrastructure and new contingency plans in place to
Kevin Jones honored by EY manage unexpected disruptions, according to a new
survey from Chase. To combat the tightening labor
Ernst & Young LLP named Kevin Jones, founder and market, two-thirds of respondents plan to invest in their
CEO of Celero Commerce, an Entrepreneur Of The Year workforce through additional hiring, employee train-
2022 Southeast Award finalist. Entrepreneur Of The Year ing and development, expanded benefits and increased
is one of the preeminent competitive business awards pay, researchers noted. Chase’s new Small Business Pulse
for entrepreneurs and leaders of high-growth compa- Survey polled 1,000 small business owners to understand
nies who think big to succeed, Celero stated. Jones was their financial and strategic business priorities, and how
selected by a panel of independent judges according to they view the state of their business following two chal-
the following criteria – entrepreneurial spirit, purpose, lenging years of economic uncertainty.

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