phos and Stanchion collaborate to connect European merchants to a contactless digital payment ecosystem via their existing Android mobile devices

Partnership is a game-changer in enabling contactless acceptance for smaller merchants across the region as they reopen and recover London, United Kingdom, 16th September, 2020: phos, the fintech behind the first-ever software-only Point of Sale (SoftPoS), and Stanchion Payment Solutions, a global specialist in payments systems and integration, have today announced a partnership to enable payment processors and banks to accelerate the time to market of innovative contactless payments acceptance solutions for European merchants. phos and Stanchion will collaborate to help banks and payments companies empower merchants to meet customers’ demands for a wide range of secure, frictionless payment options, including contactless payments straight from a mobile device. Stanchion brings its proven systems integration and digital payments technology to the partnership. phos brings its innovative SoftPoS technology, which enables simple contactless payment acceptance for any merchant with an NFC-enabled Android device. At a time when social distancing measures are prevalent [...]

September 16th, 2020|News|

Neverfail and Stanchion have reached a Partnership Agreement for Neverfail Continuity Engine in support of a Mission Critical Banking Application

AUSTIN, TX USA - August 28, 2020 - Neverfail and Stanchion have reached a partnership agreement for sales and services of Neverfail Continuity Engine. With business continuity and disaster recovery playing a key role in the survival of any business; it's essential to have a proven, world-class protection technology to ensure continued operation of the most critical IT systems. Neverfail Continuity Engine provides continuous availability powered by application-aware failover and its recovery orchestration process that already protects tens of thousands of application servers worldwide. This ensures when something interrupts the delivery of the business service, Neverfail Continuity Engine is there to restore these mission-critical systems with near zero downtime. “Stanchion represents a special partnership in the area of banking payment systems, which are extremely critical applications. We partner with consulting firms like Stanchion to bring them world-class continuous availability capabilities that allow them to integrate Continuity Engine into their solutions. [...]

September 3rd, 2020|News|

First Successful ARX Migration in Israel Uses Futurex HSMs for Secure Payment Environments

TEL AVIV, Israel, 19 August, 2020 — Futurex, Stanchion, and Credics Technologies Ltd are working together to support financial institutions in Israel to manage data encryption for their operations, including those that are migrating from the ARX hardware security modules (HSMs) to modern platforms. Together, they have invested in the development of a fully compatible and compliant HSM solution to distribute and support Futurex’s HSM solutions. Futurex announced it has deployed its Excrypt Plus HSM in Israel, where customers have successfully used system integration services from locally based Credics Technologies Ltd. who supplied the toolset that speeds up and de-risks the migration of the ARX HSM environment to the Futurex HSM environment. The end clients are using Futurex’s HSMs to manage the security authentication of a card issuing platform and acquiring ATM transactions. Following the announcement that ARX is ending support and maintenance for its product line as it exits [...]

August 19th, 2020|News|

Stanchion Payment Solutions appoints Kevin Blackwell as MD for the Middle East

Stanchion Payment Solutions, a global specialist in payments systems and integration, has appointed Kevin Blackwell as its new managing director for the Middle East. Kevin replaces Steven Kirrage, who was appointed as Stanchion's global CEO in March this year. Based in Dubai, Kevin will lead Stanchion's growth in the strategically important Middle East territory. He joined Stanchion in 2017 as Business Development Director and has a deep understanding of the payments industry and the Middle East region. Before joining Stanchion, Kevin was programme director at Ericsson in Dubai. Kirrage says: "Kevin has deep insight into our customers' businesses, the Middle East region and the payments market. I have worked closely with him to advance Stanchion's position in the Middle East since 2017 and I am confident that he is the perfect candidate to lead our growth and take the business to new heights of success." Adds Kevin: "I am excited [...]

May 7th, 2020|News|

Steven Kirrage appointed as CEO at Stanchion Payment Solutions

Stanchion Payment Solutions, a global specialist in payments systems and integration, has announced that it has appointed Steven Kirrage as its global CEO with effect from the 16th March 2020. Graham Williams, the outgoing CEO, will assume the position of Chairman and will continue to provide strategic guidance to the board. Based in Dubai, Kirrage is currently a director at Stanchion. He has been with the company for more than seven years and has three decades of retail and payments industry experience. Before joining Stanchion, Kirrage held the positions of Divisional General Manager - Middle East & India and Sales Manager - Eastern Europe and the Middle East at the S1 Corporation, and worked for blue-chip companies like Omron and Alcatel, in sales, product management and marketing positions Says Williams: “We have built a strong platform for Stanchion’s continued international expansion in the years to come and have met many [...]

April 8th, 2020|News|

Stanchion Appoints Norman Frankel as MD for Europe

Stanchion, a leading payments fintech solutions company, has appointed Norman Frankel, as Managing Director for Europe and the UK bringing significant payment industry experience with him. Frankel, who will be based in the UK office, will help Stanchion to unlock growth opportunities across the region and to refine its offering for the European market. Frankel has more than 25 years of experience in the payments industry, with deep expertise in digital and Customer-Not-Present (CNP) channels. As the founder and CEO of Mi-Pay, Frankel led a successful prepay CNP business to a listing on the London AIM Stock Exchange and to joining ePay, the world’s largest retail top-up and digital content processor. Apart from establishing Mi-Pay, Frankel has held senior positions at iCyber-Security, ePay, NatWest Bank and Logica (now CGI). In addition to his exposure to Stanchion’s technology as a user at Mi-Pay and as a business partner at Logica, Frankel [...]

April 9th, 2019|News|