In Other News: PAIDYET (update); FUTUREPAY (award); EPX (award); and FISERV (award).
PAIDYET – The new version includes several new features, including giving consumers the freedom to add multiple payment methods to their eWallet, the ability for merchants to link multiple merchant accounts to a single user account, and the addition of a simplified payment package that bundles the PaidYET service with any merchant account. The updates are designed to make it easier for PaidYET merchants and users to manage their accounts and payments.
FUTUREPAY – FuturePay, an online payment option that allows shoppers to buy now and pay later has been honored as the Gold winner for Best Credit Innovation at the 2016 Innovator Awards. FuturePay was selected from a group of five finalists after facing rigorous examination from nine top judges in the payments industry. The Innovator Awards are held as part of the Innovation Project, which is sponsored by PYMNTS.com. The ceremony is meant to honor both new and seasoned payments executives and businesses. Award candidates also received thousands of votes from their payments peers.
EPX – Electronic Payment Exchange (EPX), an industry-leading full-service credit card, debit card, and electronic check (ACH) payment processor, has won silver for the 2016 PYMNTS Innovator Award for Best Comeback Story. EPX was chosen as a finalist for the Best Comeback Story award category after it was acquired by North American Bancard Holdings (NAB), allowing it to start fresh following a bankruptcy filing.
FISERV – Fiserv, a global provider of financial services technology solutions announced Immediate Funds and CardValet from Fiserv have been selected as winners of the PYMNTS.com 2016 Innovator Awards, recognizing the most disruptive players in the payments industry.