News and past events
Verrency Ranked Number 1 Fastest Growing Technology Company in Australia on the Deloitte Technology Fast 500™ Asia Pacific 2020 Ranking
Attributes its 2,752% Revenue Growth to its ability to solve a global banking infrastructure problem – how to deliver innovative consumer services without migrating off legacy platforms.
Melbourne, Australia, 21/04/2021 – Verrency today announced that it ranked Number 15 on the Deloitte Technology Fast 500™ Asia Pacific 2020, a ranking of the 500 fastest growing technology companies in Asia Pacific. Rankings are based on percentage revenue growth over three years. Verrency grew 2,752% percent during this period. Verrency was the highest-ranking Australian company on the index.
Global payments innovation company Verrency has been ranked #15 on Deloitte’s Technology Fast 500 Asia Pacific. Verrency led a 102-strong list of Australian technology companies recognised, placing Australia second behind China in terms of the number of companies making the top 500. This is the highest number of Australian companies ever seen in the program’s 19 year history.
The Deloitte Technology Fast 500 Asia Pacific ranks the fastest growing Asia Pacific companies in the hardware, software, communications, media, life sciences and clean technology industries. Awardees are selected for the Technology Fast 500 ranking based on their percentage of fiscal year revenue growth over three years.
For more details: https://bit.ly/3a8Fw2X
Verrency’s Founder & CEO David Link was on the panel speaking about Building and Scaling a Fintech for Enterprise. Thanks to Glen Frost, AWS, panel host Dave Engel and Josh Foreman (Indebted) and Shahirah Gardner (Finch) for a great discussion.
You can view the discussion here: https://bit.ly/2PulyIu
Global payment innovation company Verrency today announced that Alon Feit, an accomplished payments executive and successful start-up founder, has joined Verrency. Mr. Feit joins Verrency’s global advisory board and will also take responsibility for Verrency’s commercial operations in Israel and selected countries within Europe.
For more details: https://en.prnasia.com/releases/apac/alon-feit-co-founder-of-splitit-joins-verrency-306177.shtml
Trellance and Verrency Announce Partnership to Enable Credit Unions to Drive Innovative New Member Experiences
Trellance, the industry leader of data analytics and business intelligence solutions for credit unions today announced a data service partnership with Verrency, a global innovation and engagement platform for financial institutions and payment card issuers. The partnership will leverage the power of Trellance’s premier data analytics platform, M360, with Verrency’s digital innovation platform and vibrant fintech ecosystem to enable credit unions to seamlessly launch new digital user experiences and deliver personalized digital card services.
For more details: https://www.prnewswire.com/news-releases/trellance-and-verrency-announce-partnership-to-enable-credit-unions-to-drive-innovative-new-member-experiences-301202426.html
Global payments innovation company Verrency has been highly commended at the international 2020 Banking Tech Awards for Best Fintech Partnership.
Now in their 21st year, the Banking Technology Awards recognise excellence and innovation in the use of IT in financial services worldwide, and the people who make it happen. Winners were announced in a virtual event on 10 December 2020.
For the full list of winners and highly commended here: https://informaconnect.com/banking-tech-awards/winners-highly-commended/
Global payments innovation company Verrency has been named a finalist for Australia’s Fintech Awards 2020 for Best Fintech Payments Provider.
The 5th Annual Australian FinTech Awards celebrate the achievements of the dynamic people and businesses comprising the fintech sector. These Awards seek to recognise success in the FinTech sector in its many forms. Winners will be announced on an online broadcast on 19 November 2020
eftpos Partners with Verrency to launch public API program for Australian loyalty & rewards providers
Australia’s national debit scheme eftpos today announced the first offering to be launched under the new eftpos public API program, in partnership with Australian fintech Verrency, going live with a card-linked offers loyalty solution that provides meaningful value for millions of eftpos enabled cardholders.
The Verrency solution enables loyalty program providers to give cardholders rewards and discounts for making eftpos transactions on around 51 million Australian eftpos-enabled proprietary, multi-network debit and multi-network credit cards at participating merchants.
Global payments innovation company Verrency has been named a finalist for the international 2020 Banking Tech Awards for Best Fintech Partnership.
Now in their 21st year, the Banking Technology Awards recognise excellence and innovation in the use of IT in financial services worldwide, and the people who make it happen. Winners will be announced on an online broadcast on 10 December 2020
Retaining customers is more critical than ever. In our latest thought leadership, we explore how banks can combine data with a flexible product platform to target their customers who are most vulnerable to switching their banking relationship – and to get them to stay.
Global payments innovation company Verrency has been named a finalist in two categories at the prestigious Finnie Awards 2020 by Fintech Australia. The two categories are:
- Excellence in Payments (including Remittance/FX)
- Excellence in Establishing Market Presence: Global
The annual awards recognise and reward the community by honouring innovation, growth and collaboration within fintech in Australia. The 2020 Finnie Awards winners will be announced on Wednesday, 28 October 2020.
The acceleration towards electronic payments globally means its more important than ever for banks to have personalizable and actionable services at the moment of payment. In our latest thought leadership, we look at some of the experiences that can be delivered when you combine a flexible product platform with payments data
Delivering a fully personalised card experience starts with onboarding. In our latest PoV, we look at 4 approaches on enabling consumers to attach the services and benefits to their card that matches their lifestyle
Enabling consumers to personalise all aspects of their card was once seen as near impossible due to the cost and time needed to overhaul legacy infrastructure. In our latest PoV, we look at how today’s technology, like Verrency, can bring personalisation to life leveraging existing platforms within the Bank
Continuous personalization is the new benchmark in meeting consumer expectations. Banking is no exception. In our latest PoV, we explore what continuous personalization looks like across 3 key phases of the consumer card lifecycle
In our latest thought leadership, we look at how banks can enter, compete and potentially win in the BNPL market
(PoV) How These Troubled Times Can Be A Catalyst For Banks To Differentiate And Accelerate Digital Engagement
The accelerated shift to electronic payments presents forward thinking banks the opportunity to differentiate at the moment of payment. We look at the steps needed for banks can identify the right services for their customers.
Banks have an important role to play in helping consumers during this unprecedented time. We look at simple yet creative ways banks can help consumers maximise both their cashflow and spending power
Global payment innovation company Verrency today announced the launch of a new product feature “Pay Later” on its payment innovation API platform for banks and card issuing processors. This solution will enable banks to join the growing “Buy Now Pay Later” market
Joe Lynam, President of Verrency Americas, sat down with Harvey William from Plug and Play to discuss best practices for Start Ups. Joe has been a long time mentor for start ups in Plug and Play and Yodlee Accelerator programs
See the discussion here: https://youtu.be/ack25jvA9yg
Verrency recently joined SG:D Spark, a programme for promising digital start-ups administered by Singapore’s Infocomm Media Development Authority (IMDA). Tech in Asia has explored how companies in this program are transforming financial services.
For more details: https://bit.ly/38jpvox
A great few days for Verrency at the Singapore FinTech Festival alongside our partner Amazon Web Services (AWS). Over 50,000 attendees and a fantastic opportunity to connect with business leaders, thought leaders, academics, financial services organizations, central banks, infrastructure providers and many others
Global payment innovation company Verrency today announced the appointment of Dickson Chu, an accomplished payments executive and business builder, to its global advisory board.
For more details: https://bwnews.pr/2rzui4e
Global payment innovation company Verrency today announced that Ms.Namita Bhide, a seasoned leader in financial services technology, has joined the Company as Commercial Director, Asia Pacific. Based in Singapore, Ms. Bhide will leverage her extensive digital banking expertise to drive Verrency’s continued growth in Singapore and Asia Pacific region as the company accelerates its global strategy, increases its market share and adds new customers and partners.
Will the rise of payment options like Afterpay see credit cards fade into oblivion? Verrency’s Founder and CEO David Link speaks to Finder.com to look at why the opposite could be true.
For more details: https://www.finder.com.au/the-big-changes-coming-to-your-credit-card
RFi Group reports that former Westpac CTO Robert Wilson has joined the advisory board of Australian payments fintech Verrency. Mr Wilson said that, “Verrency has been on my radar since its inception because it addresses a significant underlying banking industry problem,” additionally he was “impressed by the elegance of the Verrency platform.”
Verrency, one of Plug and Play ADGM’s Fintech program startups, has teamed up with Liv. Bank to launch the new Liv. Credit Card. Customers are able to select their preferred loyalty programs, update them as their needs and preferences change, and connect them all to one credit card.
IBS Intelligence reports that Verrency has partnered with virtual currency payment provider, Coinify in a bid to offer customers the ability to utilize virtual currency at global markets securely. Coinify supports the selection and connection of the wallet infrastructure, which may be either internal or external to the bank.“Coinify is honored to partner with Verrency and connect our two platforms, which holds a huge potential for crypto adoption,” said Mark Højgaard, co-founder and CEO of Coinify.
Global payments innovator Verrency today announced the appointment of international payments executive Jeroen van Son as Managing Director, Commercial, Australia & New Zealand.
Verrency announced the launch of its latest technology for Asian financial institutions – a patented API platform allows customers to more easily begin saving by ‘rounding-up’ their payments in real-time, with the overage going to a digital wallet of the consumer’s choice. The company also announced that it recently added The Strategy Data Exchange (SDX), the region’s largest security portfolio manager model library, to its partnership ecosystem.
Global payments innovator Verrency announced the appointment of serial entrepreneur Shezan Amiji to its global advisory board. Mr. Amiji co-founded Beam Wallet, a leading mobile wallet, payments and rewards app, whose UAE operations were acquired in 2018 by Majid Al Futtaim Holdings, the largest retail conglomerate in the Middle East and Africa.
Verrency CEO David Link spoke with the Australian Associated Press about how Australia’s new open banking regime will transform the industry. Mr Link said the regime will “be a game changer for the way Australian banks operate”, and that the changes will force banks to innovate and add more value added services.
Highly-experienced payments executive Jan McGrath has been announced as the latest addition to Verrency’s global advisory board. Ms. McGrath brings extensive experience as an executive in the global financial services sector across major consumer markets, including the US, the UK, Japan, Mexico, Hong Kong and Australia.
“The market is just waking up”: Fintech Verrency raises AU$10 million to broaden its international reach
Global payments innovator Verrency announced it had raised $10 million in Series A funding, as it solidifies its presence in Australia and overseas. Verrency CEO David Link spoke to The Australian about how the company is enabling banks, card issuers and other financial services providers to add new products and services without replacing legacy infrastructure or migrating to new technology.
For more details:
AMSTERDAM, June 3, 2019 /PRNewswire/ — Global payments innovator Verrency arrives at Money 2020 in Amsterdamhaving secured 32 strategic partners to leverage the company’s enterprise grade, curated API capabilities at financial institutions.
The non-exclusive partnership program is specifically curated for payment enabled fintechs and established service providers that provide capabilities such as loyalty, merchant offers, data enhancement, AI, round-ups, instalment credit, wallets and device management.
Global payments innovator Verrency today announced the appointment of highly regarded payments executive Susanne Brønnum to its global advisory board.
Ms Brønnum brings more than two decades of experience and expertise in the European payments sector, including her most recent roles as Group Executive Vice President for Financial & Network Services at Nets Group, and CEO of Nets Denmark. She is also a co-founder of Copenhagen FinTech, the founder of Smart Payments, and previously spent a number of years at MasterCard.
David Link, CEO & Founder of Verrency shares his insights and advice on how companies can scale up their business globally and effectively. Red the full piece in Dynamic Business: https://www.dynamicbusiness.com.au/small-business-resources/growth-import-export/how-to-scale-up-your-business-globally-and-effectively.html
global payments provider Verrency has been named a finalist in four categories
at the prestigious Finnie Awards 2019 by Fintech Australia.
These four categories are:
- FinTech Organisation of the Year
- Excellence in Payments
- Excellence in Industry Collaboration and Partnerships
- Deal of the Year
The annual awards recognise and reward the community by honouring innovation, growth and collaboration within fintech in Australia. The 2019 Finnie Awards winners will be announced at a gala dinner on Thursday 6 June in Melbourne.
See the full list of this year’s finalists here: https://thefinnies.org.au/2019-finalists/
In a podcast interview with the Switzer Show, Verrency Founder & CEO David Link talks about how Verrency is enabling banks to innovate and launch new products and services more rapidly than ever before.
Listen to the full interview here: https://bit.ly/2CNXSWv
Global payments innovator Verrency has been named the Payments Innovator of the Year at the FinTech Business Awards 2019.
As one of the leading awards program in the Australian financial technology sector, the FinTech Business Awards seeks to recognise leading individuals and organisations who exhibit outstanding innovation and entrepreneurship. In its third year, the FinTech Business Awards received over 200 submissions across twenty categories, making it the biggest one yet.
The Payments Innovator of the Year is awarded to a company that assists retail consumers, financial institutions or corporations with payments via innovative fintech.
President of Verrency Americas, Joe Lynam, talks to Plug and Play on how Verrency’s platform is helping banks innovate their payments capabilities.
Plug and Play (PnP) is a global innovation platform for start-ups, corporates and investors headquartered in the Silicon Valley. Every year, PnP reviews 4,000 start-ups, invests in over 100 and runs industry-specific accelerator programs. Verrency has passed the test three times, having been selected for PnP’s accelerator programs in the Silicon Valley, Singapore and Frankfurt.
Watch Joe Lynam’s interview here: https://bit.ly/2HkjRIz
Verrency extends its global reach with Banco Davivienda partnership to explore payment innovation services in Latin America
BOGOTA, Colombia, Feb. 28, 2019 /PRNewswire/ — Banco Davivienda, one of Colombia’s largest banks, has signed an agreement with global payments innovator Verrency to be a launch partner in Latin America. The deal enables Banco Davivienda to leverage the Verrency platform to rapidly trial and launch new card programs, payment services and fintech partner solutions to its consumers and small business customers.
Global payments innovator Verrency has been named the winner for the Excellence in Innovation and Excellence in Payment/ Commerce categories at the Media Excellence Awards 2019.
Australian global payments provider Verrency has been named a finalist for the Payments Innovator of the Year at the Fintech Business Awards 2019.
Global payments innovation service and Australia-based fintech Verrency is enabling payments innovation for the fastest growing bank in the United Arab Emirates, Liv., Emirates NBD’s lifestyle digital bank for millennials. The agreement will enable Liv. to leverage Verrency’s cloud-based payments service and fintech partners to enable cost-effective delivery of a multitude of value-added services to customers.
As part of its global expansion strategy, Verrency has bolstered its team in the UK appointing experienced payments executive Paul Thomalla as the latest member of its global Advisory Board.
Verrency strengthens presence in Asia with appointment of Jeff Portelli as newest Advisory Board Member
Global payments innovator Verrency has added heavyweight payments executive Jeff Portelli to its global Advisory Board.
Verrency adds two more partners — Basiq and Pulse iD — to enable financial data aggregation and geolocation services to be easily accessed by banks
LAS VEGAS, Oct. 23, 2018 /PRNewswire/ — Australian global payments innovator Verrency has certified two new strategic partners, Basiq and Pulse iD, to enhance the commercial offerings it enables for issuers and banks.
Announcing the partnership today at Money 20/20 in Las Vegas, the deal enables Basiq and Pulse iD to easily distribute their financial data aggregation and geolocation services to global financial institutions via Verrency’s integration platform.
DriveWealth partners with Verrency to offer consumers access to a new savings and investing strategy
LAS VEGAS, Oct. 22, 2018 /PRNewswire/ — Digital brokerage solution provider DriveWealth has joined forces with Australian global payments innovator Verrency. The partnership will enable DriveWealth to deliver its ground-breaking fractional share investment platform to a new segment of consumers.
Verrency accelerates global expansion as the first FinTech to be selected into Plug and Play Fintech programs in three different countries
SAN FRANCISCO, Oct. 16, 2018 /PRNewswire/ — Verrency today announced expansion into Germany and another selection into Plug and Play’s prestigious Fintech Program. Verrency has been selected for Plug and Play’s accelerator programs in the Silicon Valley, Singapore and now in Frankfurt as the company extends its global reach in the FinTech market.
In a move to boost the momentum of its growing commercial portfolio, payments provider Verrency has appointed experienced payments executive David Engel as its Commercial Director for Australia and New Zealand.
Australian global payments provider Verrency has been named a finalist for Leading Payments Start-Up at the UK Emerging Payments Awards 2018.
Australian global payments provider Verrency continues to grow its global footprint, appointing FinTech executive Aaron Oliver as Commercial Director for Asia and Middle East, based in Singapore.
Verrency announces appointment of Managing Director, Business Development Europe to lead its expansion
Australian global payments provider Verrency has announced its expansion into the UK and Europe with the appointment of senior financial services executive Peter Vestergaard Larsen as Managing Director, Business Development Europe.
As part of its global expansion strategy, Australian global payments provider Verrency has appointed well-regarded global payments industry executive Royal Cole to its Advisory Board.
Australian global payments innovation provider Verrency has signed a significant long-term deal with volt bank, Australia’s first independent 100% digital bank.
Australian global payments provider Verrency has been rewarded for its overseas expansion last night, winning FinTech Australia’s 2018 FINNIE Awards for Excellence in Establishing Market Presence: Global.
Australian global payments provider Verrency has signed ten strategic FinTech partners in just six weeks as it continues to gain global traction.
Verrency Founder & CEO David Link was featured in the June 2018 issue of Smart Investor Malaysia, sharing about Verrency’s vision in delivering payment innovation as the global fintech firm makes its foray into ASEAN.
Australian global payments provider Verrency has been named a finalist for the Top PayTech Innovation at the inaugural UK PayTech Awards 2018.
The award category recognises PayTech companies that have been genuinely innovative within the finance and payments industry.
Australian global payments provider Verrency has bolstered its Global Advisory Board, appointing FinTech executive Michael Walters.
Based in Melbourne, Michael has 30 years of international experience in FinTech with a focus on cards and payments, having worked with leading financial institutions, retailers, transport organisations, MNO’s, payment processors / schemes and governments globally.
Verrency CEO and Founder David Link has been named as a finalist for the Outstanding FinTech Leader of the Year at the 2018 FINNIE Awards.
Verrency itself, an Australian global payments provider, has also been named as a finalist in the Excellence in Establishing Market Presence: Global category.
Australian global payments provider Verrency has appointed seasoned finance executive Alan Sharfman as its Chief Financial Officer (CFO) effective immediately.
Verrency Founder & CEO David Link spoke with Sky News Business, Australia’s 24-hour cable and satellite business news channel, at the Money 20/20 Asia Conference 2018 about Verrency’s global expansion plan and its partnership with social payments charity platform, Goodworld.
Verrency Founder & CEO David Link speaks with BFM Radio, Malaysia’s business radio station, about helping banks and the financial sector to overcome disruption and challenges in the payments innovation space
Global payment industry executive and experienced entrepreneur Daniel Chatelain has joined the Advisory Board of Australian global payments provider Verrency.
Social media donation platform Goodworld partners with payments innovator Verrency to increase charitable giving worldwide by enabling consumers to donate while they spend
Social payments charity platform Goodworld and Australian payments innovator Verrency announced a partnership today to bring a charitable component to everyday financial transactions around the globe.
Global payments innovator Verrency accepted into another prestigious accelerator – Plug and Play Tech Center in Silicon Valley
Verrency, a global Australian payments platform and fintech marketplace, has been accepted into the latest fintech cohort of Silicon Valley-based technology accelerator Plug and Play Tech Center.
Verrency Founder & CEO David Link was featured in the February 2018 issue of Smart Investor Malaysia, discussing Verrency’s role in driving integration of new payment technologies into banks amidst the growing trend of cashless society.
Verrency CEO and Executive Chairman David Link is featured on the cover of CIO Advisor’s March 2018 issue, in which Verrency has been named one of the Top 10 APAC Payment Solutions Companies of 2018.
Read the full article here: https://www.cioadvisorapac.com/magazines/March2018/Payment/
Verrency emphasizes commitment to Fintech partners with new partnership arm and leadership appointments
Australian global payments platform Verrency has appointed two experienced entrepreneurs and venture capitalists to drive its partnership strategy to ensure fintech partners and financial institutions get the best value from the API platform.
Verrency CEO David Link recently spoke to The Edge Financial Daily about Verrency’s innovative services, expansion plans into ASEAN (including enabling ASEAN FinTechs) and why banks should embrace the change that is being enabled by the technologies underlying digital currencies.
Australian global payments provider Verrency has expanded its US team, appointing highly credentialed payments specialist Michael Kennedy to its advisory board. Kennedy’s appointment follows the announcement earlier this year of Joe Lynam as Managing Director in the US and Audrey Blackmon as Senior Vice-President of Business Development.
Verrency CEO David Link joined Juliette Saly and Doug Krizner on Bloomberg Daybreak Asia to discuss Verrency’s open API platform, its newly signed long-term partner agreement with UnionPay International and how Verrency’s services differ in a crowded fintech world.
Listen to the full interview here: https://www.bloomberg.com/news/audio/2018-01-22/providing-increased-payment-convenience-for-consumers
Global payments innovation provider Verrency has signed a long-term agreement with UnionPay International (UPI), a wholly owned subsidiary of China UnionPay, to offer Verrency’s innovative value-added services to UnionPay’s issuing banks across Asia. Verrency’s services will be delivered via the UPI Wallet, UnionPay’s innovative API service.
Australian global payments platform service Verrency has announced its expansion into the US and Canada, with the appointment of accomplished entrepreneur and executive Joe Lynam as Managing Director, Audrey Blackmon as Senior Vice-President of Business Development and Anand Choudhary as Head of US Client Implementation.
Global payment service innovation provider Verrency has started 2018 with a bang being nominated for the FinTech or InsurTech Startup of the Year award at the FStech Awards.
Verrency was involved in the Singapore Fintech Festival in collaboration with Visa as one of its Fintech Partners. Visa’s Stephen Breen and Verrency’s David Link discuss the capabilities of Verrency’s platform and how it can help Visa’s issuers enhance their offerings whilst driving more value from their existing infrastructure and relationship with Visa
British-based Iliad Solutions has signed a long-term agreement with global payments innovation provider Verrency for implementation of its highly innovative continuous testing software testing across all aspects of the Verrency service.
Melbourne – Payment service innovator Verrency has been shortlisted in two categories in the prestigious 2017 UK Payments Awards to be held in London later in the year. Overcoming competition from some of the biggest brands and ground-breaking start-ups on the global stage, Verrency has been named as a finalist for Payments Startup of the Year and Payments Infrastructure Award.
Verrency will operate its London operations out of the UK’s leading fintech hub Level39 at the heart of Canary Wharf in London after being accepted into the cohort.
Payment service innovator Verrency has been nominated for Emerging FinTech Organisation of the Year at Fintech Australia’s inaugural Finnie Awards 2017. The award category recognises FinTech organisations that have delivered transformative new financial services offerings through the innovative use of technology to its customers, and have been in operations for less than two years.
Australian global payment provider Verrency has appointed five luminaries from the payment sector to its Australian Advisory Board to help boost the company’s growth plan as it prepares for commercial launch in the Australian market.
Australia’s leading independent fintech accelerator Stone & Chalk welcomes Verrency as its latest resident member
Verrency is pleased to announce that it has been accepted into fintech accelerator Stone & Chalk in Sydney, Australia. As one of the top fintech innovation hubs globally, Stone & Chalk has created a formidable fintech community with 24 Australian and International corporate partners, over 90 start-ups – of which 13 of them are scaling globally – 325 residents and 32 graduating alumni.