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IndustryUpdate



          2,000 US). Findings indicated current crypto holders    financing formula for accessing capital. The partnership
          most wanted to spend crypto on big-ticket items, with   arose to support ecommerce companies in their growth
          treats for themselves (75 percent), cars (74 percent) and   and developmental paths. Axerve's ecommerce custom-
          property (74 percent) topping the wish list.            ers will gain access to capital of up to 1 million euros
                                                                  through the innovative form of hybrid financing, that,
          Recurly finds exclusive, compelling content is key      being halfway between debt and equity, is characterized
                                                                  by a plan to repay the funds by sharing a percentage of
          Recurly published  Pandemic vs. Endemic Impacts and     the income, the companies stated, adding the resources
          Trends on Subscription Services, based research it con-  will then be invested in digital marketing activities, a
          ducted via SurveyMonkey. The sample included 2,612      tool  for  developing  the  credibility  of  companies  and
          respondents, 18 years or older, who subscribe to one or   engaging their end customers.
          more subscription services. Forty-four percent of millen-
          nial and Gen-Z consumers said access to exclusive, com-  Bluefin, Etix provide P2PE for ticketing
          pelling content or services is a major driver of subscrip-
          tions. Providing exclusivity and creating consumer-led   Bluefin, a provider of integrated payments, encryption
          pricing models to experience-based services, research-  and tokenization technologies formed a partnership with
          ers noted, is a major factor in retention and growth.   Etix to provide Etix's ticketing clients integrated pay-
          Millennials and Gen Z are willing to pay a higher price   ment processing capabilities backed by PCI-validated
          for subscriptions, with consumer loyalty and brand      point-to-point encryption (P2PE). Etix, an international
          engagement a high priority. With inflation concerns top   web-based ticketing service, provides secure access con-
          of mind for 91 percent of Americans, subscription ser-  trol ticketing infrastructure solutions, ticket marketing
          vices need to nail their offering, they added.          services, and robust ecommerce fulfillment capabilities;
                                                                  Bluefin specializes in PCI-validated P2PE solutions that
          CDOs say data privacy tech can increase revenues        secure credit and debit card transactions by encrypting
                                                                  all data within a PCI-approved point-of-entry device,
          A new survey released by TripleBlind, revealed that 94   preventing clear-text cardholder data from being avail-
          percent of chief data officers from the healthcare and   able in the device or the merchant’s system, the partners
          financial services sectors stated deploying data privacy   stated.
          technology that enforces existing data privacy regula-
          tions would result in increased revenues for their
          organizations. Thirty-seven percent of respondents
          indicated they estimate improved collaboration would
          increase revenues as much as 20 percent; 46 percent
          stated increased data collaboration would give their
          organizations an advantage over competitors.

        PARTNERSHIPS

                                                                                           The ‘P’ Android
          Assetz Capital adopts RiskNarrative platform                                     Terminal Line
          Assetz Capital partnered with LexisNexis Risk                                    P1 Desktop
          Solutions to adopt the LexisNexis RiskNarrative plat-                            P3 Handheld Wireless
          form. The platform leverages automation,  AI and
          machine learning to provide a market-leading, sophis-                            P5 Handheld PIN Pad
          ticated,  configurable  and  accessible financial  crime                         Wireless
          lifecycle management solution, Assetz stated, adding
          that this will allow Assetz to further enhance its KYC
          and AML detection capabilities, as well as deliver pro-                                  < P3 terminal
          ductivity benefits to customers and businesses. Oliver                                     shown here
          Ward, group head of change & lending operations at
          Assetz, said “Since deploying the platform, we have
          seen fantastic operational and productivity improve-
          ments with reductions in time taken to complete KYC
          and AML checks.”

          Axerve, Viceversa to offer
          revenue-based financing
                                                                                          T: 1-877-358-6797
          Payment hub  Axerve formed a strategic partnership                              E: sales@dejavoosystems.com
          with Viceversa, a data-driven fintech platform, to                              ipossystems.com
          offer ecommerce customers Viceversa’s revenue-based
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