News

Stanchion launches comprehensive new payment switch solution SwitchCare

Stanchion Payment Solutions, a global specialist in payment solutions and integration, has launched SwitchCare, an innovative and comprehensive offering that ensures the optimal management of Payment Switch environments.

The service is aimed at payment processing companies that have transaction switching platforms at the heart of their operational infrastructures. Using best-of-breed tools and drawing off Stanchion’s specialist team’s expert knowledge and skills, SwitchCare ensures that this mission-critical system can deliver high-quality service over the long term.

Rather than replacing existing […]

Jun 23rd, 2021|News|

Stanchion fast-tracks Banzpay’s digital payments initiatives

Banzpay partners with Stanchion to deliver innovative payments solutions to its clients across New Zealand and the Pacific Islands.

Banzpay, a New Zealand-based fintech services provider of payments and banking solutions to financial institutions across New Zealand and the Pacific Islands, has partnered with Stanchion Payment Solutions, global specialists in payment solutions and integrations, to ensure the optimal delivery of services to their clients.

The transaction technology company has chosen Stanchion’s SwitchCare program as well as their payments application technology, VERTO. […]

Jun 23rd, 2021|News|

Workshop Spotlights Automation Solutions for ATM Operators

Industry experts spread across five continents attended an online workshop hosted by Stanchion Payments Solutions to discuss opportunities for the use of automation tools in ATM environments to drive revenue growth, ensure relevance, and control operational costs, in the face of ongoing challenges brought about by pandemic restrictions and changes in customer behaviour.

The event, supported by Futurex, NCR and Paragon, highlighted opportunities for ATM operators to add value to their clients by increasing flexibility while containing or reducing costs. […]

May 5th, 2021|News|

phos and Stanchion collaborate to connect merchants in the Middle East to the contactless digital payment ecosystem via Android mobile devices

Partnership is a game-changer in enabling contactless acceptance for smaller merchants across the region

Dubai, November 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, today announced that they have partnered to help payments processing Financial Institutions to accelerate time to market with innovative contactless payments acceptance solutions for merchants.

phos and Stanchion are collaborating to help banks and payment enablement organisations in […]

Nov 26th, 2020|News|

Stanchion announces support for Card Digitisation and Tokenisation Services on the VERTO platform

Security requirements, industry mandates and consumer demand for contactless mobile payments have continued to fuel the need for Tokenisation services. Many card issuers have not embraced the likes of Apple Pay and Google Pay yet, but it is fast becoming a necessity.

Stanchion is now able to address those precise market needs with the official launch of additional libraries on its VERTO technology stack.

VERTO is Stanchion’s digital payments integration platform, a solution that enables organisations to implement new solutions (like Tokenisation) […]

Nov 12th, 2020|News|

phos and Stanchion collaborate to connect merchants in Africa to the contactless digital payment ecosystem via their existing Android mobile devices

Partnership is a game-changer in enabling contactless acceptance for smaller merchants across the continent

Johannesburg, South Africa, October 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, today announced that they have partnered to help payments processing companies and banks to accelerate time to market with innovative contactless payments acceptance solutions for merchants.

phos and Stanchion are collaborating to help banks and payments companies, in […]

Oct 23rd, 2020|News|

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 […]

Sep 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 […]

Sep 3rd, 2020|News|

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

TEL AVIV, Israel, 19 August, 2020Futurex, 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 […]

Aug 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 […]

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 […]

Apr 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 […]

Apr 9th, 2019|News|

Transaction monitoring – who is watching the watchers?

Finding out how to monitor active/active environments without letting the tech get in the way
 ~ Steve Kirrage, Director of Stanchion Payment Solutions, Middle East.

Ask any financial IT operations team what their number one headache is, and the answer is likely to be unplanned downtime.

Reducing downtime is easily a top priority for IT professionals working for banks, card services and payment processing companies, where any lag or downtime within the payments processing system is unacceptable.

The challenge is that payment systems are […]

Apr 10th, 2018|Opinion|