Payments Innovators Silverflow and Long-established Community Bank Chesapeake Bank Have Joined to Bring the Former's Next-generation Payment Processing to More Customers in the US Market
Silverflow, a cloud-native payment processing company, has partnered with Chesapeake Bank to bring advanced payment processing solutions to more US customers. This collaboration will enable Chesapeake Bank's ISO clients to access a modern, high-performance payment processing platform through its division, Chesapeake Payment Systems.
The partnership leverages Silverflow's state-of-the-art processing platform, enhancing Chesapeake Bank's service offerings and positioning it as an early adopter of new technology. TRX Services, an ISO partner, will handle the integration, ensuring a seamless transition for existing BIN sponsorship services.
Key benefits of the partnership include a modern processing solution, enhanced ISO services, and a shared vision for innovation and client service. This collaboration marks another milestone for Silverflow, following recent announcements about its Supervisory Board appointments.
Silverflow, un'azienda di elaborazione dei pagamenti nativa del cloud, ha stretto una partnership con Chesapeake Bank per offrire soluzioni avanzate di elaborazione dei pagamenti a un numero maggiore di clienti negli Stati Uniti. Questa collaborazione permetterà ai clienti ISO di Chesapeake Bank di accedere a una piattaforma di elaborazione dei pagamenti moderna e ad alte prestazioni tramite la sua divisione, Chesapeake Payment Systems.
La partnership sfrutta la piattaforma di elaborazione all'avanguardia di Silverflow, migliorando l'offerta di servizi di Chesapeake Bank e posizionandola come un pioniere nell'adozione di nuove tecnologie. TRX Services, un partner ISO, si occuperà dell'integrazione, garantendo una transizione fluida per i servizi di sponsorizzazione BIN esistenti.
I principali vantaggi della partnership includono una soluzione di elaborazione moderna, servizi ISO potenziati e una visione condivisa per l'innovazione e il servizio al cliente. Questa collaborazione rappresenta un altro traguardo per Silverflow, dopo le recenti comunicazioni riguardanti le nomine del suo Consiglio di Sorveglianza.
Silverflow, una empresa de procesamiento de pagos nativa en la nube, se ha asociado con Chesapeake Bank para ofrecer soluciones avanzadas de procesamiento de pagos a más clientes en EE. UU. Esta colaboración permitirá a los clientes ISO de Chesapeake Bank acceder a una plataforma de procesamiento de pagos moderna y de alto rendimiento a través de su división, Chesapeake Payment Systems.
La asociación aprovecha la plataforma de procesamiento de última generación de Silverflow, mejorando la oferta de servicios de Chesapeake Bank y posicionándola como un pionero en la adopción de nuevas tecnologías. TRX Services, un socio ISO, se encargará de la integración, asegurando una transición sin problemas para los servicios de patrocinio de BIN existentes.
Los beneficios clave de la asociación incluyen una solución de procesamiento moderna, servicios ISO mejorados y una visión compartida de innovación y servicio al cliente. Esta colaboración marca otro hito para Silverflow, tras los recientes anuncios sobre los nombramientos de su Consejo de Supervisión.
Silverflow는 클라우드 기반 결제 처리 회사로, Chesapeake Bank와 파트너십을 체결하여 더 많은 미국 고객에게 고급 결제 처리 솔루션을 제공합니다. 이 협력은 Chesapeake Bank의 ISO 고객이 Chesapeake Payment Systems 부서를 통해 현대적이고 고성능의 결제 처리 플랫폼에 접근할 수 있도록 할 것입니다.
이번 파트너십은 Silverflow의 최첨단 처리 플랫폼을 활용하여 Chesapeake Bank의 서비스 제공을 개선하고 새로운 기술을 조기에 채택하는 위치에 놓이게 합니다. ISO 파트너인 TRX Services가 통합 작업을 담당하여 기존의 BIN 후원 서비스에 대한 원활한 전환을 보장합니다.
파트너십의 주요 이점에는 현대적인 처리 솔루션, 향상된 ISO 서비스 및 혁신과 고객 서비스에 대한 공유 비전이 포함됩니다. 이번 협력은 Silverflow의 또 다른 이정표를 나타내며, 최근에 있었던 감독 위원회 임명 소식에 이어지는 것입니다.
Silverflow, une entreprise de traitement des paiements natifs du cloud, s'est associée à Chesapeake Bank pour offrir des solutions avancées de traitement des paiements à un plus grand nombre de clients aux États-Unis. Cette collaboration permettra aux clients ISO de Chesapeake Bank d'accéder à une plateforme de traitement des paiements moderne et performante via sa division, Chesapeake Payment Systems.
Ce partenariat exploite la plateforme de traitement ultramoderne de Silverflow, améliorant l'offre de services de Chesapeake Bank et la positionnant en tant que précurseur dans l'adoption de nouvelles technologies. TRX Services, un partenaire ISO, s'occupera de l'intégration, garantissant une transition fluide pour les services de parrainage de BIN existants.
Les principaux avantages de ce partenariat incluent une solution de traitement moderne, des services ISO améliorés et une vision partagée pour l'innovation et le service client. Cette collaboration marque une nouvelle étape pour Silverflow, suite aux récentes annonces concernant les nominations de son Conseil de surveillance.
Silverflow, ein cloudnativer Zahlungsabwicklungsanbieter, hat eine Partnerschaft mit Chesapeake Bank geschlossen, um fortschrittliche Zahlungsabwicklungslösungen für mehr Kunden in den USA bereitzustellen. Diese Zusammenarbeit ermöglicht es den ISO-Kunden der Chesapeake Bank, über deren Sparte, Chesapeake Payment Systems, auf eine moderne, leistungsstarke Zahlungsabwicklungsplattform zuzugreifen.
Die Partnerschaft nutzt die hochmoderne Verarbeitungsplattform von Silverflow und verbessert die Dienstleistungsangebote der Chesapeake Bank, wodurch sie sich als Vorreiter bei der Annahme neuer Technologien positioniert. TRX Services, ein ISO-Partner, wird die Integration übernehmen und einen nahtlosen Übergang für bestehende BIN-Sponsoring-Dienste gewährleisten.
Die wichtigsten Vorteile der Partnerschaft umfassen eine moderne Verarbeitungs-Lösung, verbesserte ISO-Dienste und eine gemeinsame Vision für Innovation und Kundenservice. Diese Zusammenarbeit stellt einen weiteren Meilenstein für Silverflow dar, nach den jüngsten Ankündigungen zu den Ernennungen seines Aufsichtsrats.
- Partnership with Chesapeake Bank expands Silverflow's presence in the US market
- Enhances Chesapeake Bank's processing capabilities with advanced technology
- Provides ISO clients with superior processing capabilities
- Aligns with both companies' commitment to innovation and client service
- None.
Silverflow, the innovative cloud-native payment processing company, has struck a new partnership with Chesapeake Bank, a community bank renowned for its commitment to embracing innovation in payments. This collaboration aims to provide Chesapeake Bank's ISO clients with a modern, high-performance, and robust payment processing solution.
By leveraging Silverflow's state-of-the-art processing platform, Chesapeake Bank, through its division, Chesapeake Payment Systems, will significantly enhance its service offerings, adding the capabilities of a more advanced and agile infrastructure. This partnership not only improves the bank's processing capabilities but also positions it as an early adopter of new technology, consistent with its history of embracing innovations such as the RTP real-time payments network.
Chesapeake Bank, known for its technology-savvy approach, will provide the BIN/ICA to be integrated onto Silverflow's platform. TRX Services, the ISO partner, will handle the actual integration, with Silverflow ensuring a seamless transition and maintaining continuity for their existing BIN sponsorship services.
Scott Martin, CEO of TRX Services, added: "Our commitment at TRX Services is to provide secure, highly reliable processing while also delivering innovation that empowers our customers to better serve their customers. Partnering with Silverflow continues to be a true win-win for both organizations. Now, with the partnership between Silverflow and Chesapeake Bank, we have even greater opportunities to create new solutions that meet the needs of a dynamic marketplace."
This follows Silverflow's existing partnership with TRX Services, to help US merchants gain more control of their payments. The deal meant that TRX Service's current and new clients were provided with more capabilities to enhance the management of customer payments.
The key benefits of the partnership, include:
Modern Processing Solution: Silverflow's advanced, cloud-native architecture offers a more efficient and scalable solution.
Enhanced ISO Services: Chesapeake Bank can now provide its ISO clients with superior processing capabilities, aligning with its commitment to leveraging new technologies for improved functionality.
Shared Vision: Both Silverflow and Chesapeake Bank are dedicated to innovation, efficiency, and exceptional client service, making this partnership a natural fit.
Anne Willem de Vries, CEO and Co-founder of Silverflow, expressed enthusiasm about the partnership, saying: "Working with Chesapeake Bank, a forward-thinking community bank, allows us to demonstrate the power and flexibility of our modern processing platform. Their dedication to technology and client service aligns perfectly with our values, and together, we can offer a superior processing solution to their ISO clients."
Kate Root, President of Chesapeake Payment Systems, a division of Chesapeake Bank, added: "Partnering with Silverflow enables us to provide a state-of-the-art processing solution to our ISO clients. Silverflow's innovative approach and commitment to technology make them an ideal partner as we continue to embrace new solutions to serve our clients better."
This partnership underscores the commitment of both Silverflow and Chesapeake Bank to drive innovation in payment processing, ensuring that clients benefit from the latest advancements in technology and service efficiency.
It also marks another key milestone for Silverflow, having recently announced that Dagmar van Ravenswaay Claasen was selected as Chairperson of Silverflow's Supervisory Board, that already includes Barbara Arnst, a seasoned transformation leader, with more than 20 years of experience as a consultant, investor, and executive, as well as Alexander Renzi, managing partner at MAPP Advisors, a fintech advisory firm with clients spanning the payments ecosystem, including networks, card brands, sponsor banks, issuers, acquirers, ISOs, and ISVs.
The rest of the board is made up of the three shareholder-appointed members, including Javier Perez, Founder and managing partner at Global Paytech Ventures, Chase Packard - Partner at Coatue, a lifecycle investment platform focused on turning big ideas into world-shaping technology companies, and Krishna Visvanathan - Co-founder and partner at Crane Venture Partners.
To learn more, visit: https://www.silverflow.com/
ENDS
About Silverflow
Silverflow is a new kind of payment processing platform designed for today's payment needs and fit for the future. A cloud-native solution with a single API to the card networks. One platform with one connection. Reducing cost and complexity, easy to use, data-rich, Silverflow frees you to innovate.
For more information contact Silverflow: https://www.silverflow.com/
About Chesapeake Bank
Chesapeake Bank, founded in 1900, is a subsidiary of Chesapeake Financials Shares (CFS:CPKF), headquartered in Kilmarnock, Virginia. The company offers merchant acquiring services through its division, Chesapeake Payment Systems, and accounts receivable financing through its division, Flexent. Named by American Banker as one of the Top 100 Community Banks and a Best Bank to Work For, employing 290+. Visit: www.ches.bank or www.chesapeakefinancialshares.com
SOURCE: Chesapeake Financial Shares Inc.
View the original press release on accesswire.com
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