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Centage Announces Appointment of John Murdock to Chief Executive Officer

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Murdock to drive continued customer centricity and innovation of the Cloud

 Centage Corporation (www.centage.com), the leading provider of budgeting, forecasting, analytics and reporting solutions through its innovative Maestro Suite, announced today that John Murdock has been promoted to president and CEO of the company. John served as the chief revenue officer at Centage for the past three years, spearheading all sales and marketing efforts and has been a driving force behind the company’s growth and transformation to a leading cloud-based solution provider.

Jeb Spencer, co-founder and managing partner at TVC Capital and member of the Centage Board of Directors, expressed his confidence in John stepping up to lead the company. “John has an extensive 20+ year track record and the instinct, dedication and passion to lead Centage through its next chapter of growth. He deeply understands the market and is well respected by the entire board. The industry is going through an exciting wave of innovation and Centage is establishing themselves as a leader with their product evolution, vision and ability to execute. I look forward to seeing John lead the company forward.”

John assumes the CEO role from Ken Marshall, who has been serving as interim CEO after the sudden passing in November 2017 of former CEO Barry Clapp. Ken is a technology veteran, a 7-time CEO himself, and partner at Marlborough Street Partners, a firm specializing in helping companies through critical inflection points of growth. Ken will be joining the Centage Board of Directors as Executive Chairman.

“This feels like a very natural step to appoint John to the role of CEO. He has been instrumental in the company’s strategy, growth and success over the past few years. He is highly respected by our employees and brings a customer-centric approach to his leadership style. John has been a ‘boots on the ground’ executive, engaging with hundreds of CFOs and finance teams over the years to discuss budgeting, forecasting, analytics and how Centage can transform and simplify their businesses. He is the perfect choice to help lead Centage to the next level of technology innovation and focus on its customers,” explained Ken Marshall.

“I’m honored to have the opportunity to take the reins of the company,” said John. “Centage has some of the smartest, kindest, customer-focused professionals I have ever met. Our customers are amazing and I look forward to continuing to invest in our staff, resources and R&D within the areas that matter most to our customers. This is a time of rapid change and emerging technologies, as more businesses look to the Cloud for budgeting, planning, forecasting and analysis solutions. As CEO, I am committed to keeping Centage at the cutting edge of innovation and I will be working with our team to create strategies and solutions that generate value for our customers. I’m excited for what lies ahead.”

In addition to his experience at Centage, John held senior leadership roles at Juniper, Kaspersky North America, and QuickPivot over the past 15 years. His undergraduate studies were at Northeastern University where he studied Engineering and his graduate studies were at Boston University where he studied Business.

 

 

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TINTRA PLC FINALISES JOINT VENTURE WITH ARTIFICIAL INTELLIGENCE PARTNER TO BUILD INDUSTRY CHANGING REGULATORY TECHNOLOGY

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TINTRA PLC FINALISES JOINT VENTURE WITH ARTIFICIAL INTELLIGENCE PARTNER

Innovative fintech company, Tintra PLC(https://tintra.com/), has formed a joint venture with award-winning Artificial Intelligence and Machine Learning business, TMC2, via its subsidiary Finsensr.

The Joint Venture will utilise or create advanced, end-to-end AI tech – some already patented – to revolutionise how compliance between developed and emerging market economies works. This exciting tech stack includes the utilisation of lightning-fast large scale predictive modelling and semantic embeddings of financial data; together with the development of scalable efficient solutions based on customised shallow classifiers, deep learning, and Bayesian inference for robust and explainable predictive modelling.

Tintra is focused on enabling financial institutions, EMI’s, multi-nationals, and large corporates in the emerging world to gain access to banking systems that understand their geographic need. Using pioneering payments technology and compliance infrastructure will evolve the global banking industry. Where other fintech’s iterate, Tintra will innovate across the space.

In forming a joint venture with TMC2 – the team behind Mashtraxx, the AI engine being used to power a multi-billion dollar US based social media platform – Tintra aims to eliminate or radically improve the well documented emerging market issues of KYC & AML. The mission is to utilise these solutions to democratise financial regulation and level the playing field for all markets and make access to the global market place as seamless in Africa or Asia as it is in Europe or the United States.

 

Gary Wright, lead for TMC2 in the transaction stated, said “We are extremely excited to enter into this long-term partnership with Tintra to support the expansion of its business through the use of our leading-edge artificial intelligence. 

Our in-house team includes PHDs in Artificial Intelligence & Machine Learning. A Senior Executive Team with experience in the financial sector across financial services, Technology, Corporate banking, Investment management, Fund Management, and transaction services. With our key personnel gaining experience in institutions including Sungard, Mann Group, Royal Bank of Scotland, M&G, Prudential, Simplex Technology amongst a host of others

We are setting out to create the next generation of intelligent automated AI RegTech that we are confident will help power another billion-dollar unicorn, like Mashtraxx before it. We hope that this will revolutionise how the financial services industry fulfils the complex demands of KYC and AML compliance and regulatory legislation”

Tintra PLC is publicly listed on the AIM market of the London Stock Exchange and also available on the OTCQB Venture Market in New York.

In early November 2021, the PLC unveiled plans to raise additional capital to accelerate its growth strategy.

 

For more about Finance Derivative.

 

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CELLPOINT DIGITAL PARTNERS WITH VYNE TO ENABLE INSTANT OPEN BANKING PAYMENTS FOR MERCHANTS

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CELLPOINT DIGITAL PARTNERS WITH VYNE TO ENABLE INSTANT OPEN BANKING PAYMENTS FOR MERCHANTS

The partnership will allow CellPoint Digital customers to incorporate Vyne into its payment ecosystem and access instant payments without a need for direct integration.

 

Payment orchestration leader CellPoint Digital today announces a partnership with full stack account-to-account (A2A) payments specialist, Vyne. This partnership allows the Vyne platform to offer instant payments to CellPoint Digital’s merchant customers, allowing users to check-out faster than ever before and reducing merchant transaction costs.

Through CellPoint Digital’s Velocity Payment Orchestration Platform, merchants can easily incorporate Vyne into their payment ecosystem, providing all the speed and convenience of instant payments without the need for a direct integration with an open banking provider. With transactions intelligently routed and monitored in real-time, merchants can analyse performance and use data to cut costs, boost acceptance rates, and simplify operations via automated reconciliation.

By partnering with Vyne, CellPoint Digital’s merchants can now access improved payment experiences too. Harnessing open banking technology, the Vyne solution allows online shoppers to check out in as few as three clicks and offers settlements within seconds.

 

CellPoint Digital CEO, Kristian Gjerding, said: “The partnership with Vyne represents a significant addition to CellPoint’s payments offering. Merchants currently using our Velocity Payment Orchestration Platform can utilise all the benefits of the Vyne platform within their payments ecosystem and this will provide merchants with a greater opportunity to grow their business.

“At CellPoint, we put much stock into our partnerships. To us, they are more than simply functional and with Vyne being fellow innovators in the payments space with a track-record of supplying top tier merchants, we look forward to developing a long-lasting, collaborative relationship.”

The Vyne solution functions by using a customer’s existing online banking app to initiate and authenticate a transfer. As a result, the customer does not need to enter their account information online and sensitive financial details are never held by the merchant, resulting in a more secure process for both parties. By enabling a payment method that can be completed in just three clicks, the platform provides a simple and seamless experience that can help to reduce cart abandonment.

 

Vyne CEO, Karl MacGregor, said: “Existing payments and banking solutions are broken, and stacked against the merchants and consumers that use them. Payment methods come with a variety of settlement formats and can take anything from days to weeks to complete with customer conversions impacted by manual card data entry.

Vyne provides a new, alternative payment method for merchants and their customers and we’re delighted that more people will benefit from it through this partnership. CellPoint merchants will now experience instant fund settlement and their customers will be able to complete payments through their own banking apps in just a few taps with no card details needed. Merchants can also engage customers at the right time, through the right channels, using pay by link or QR codes, which can be sent via email, SMS, in app or used for in person sales.

“We look forward to working closely with CellPoint and empowering merchants with a level of payments functionality that can drive real, measurable growth.”

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