This article showcases our top picks for the best New York based Transaction Processing companies. These startups and companies are taking a variety of approaches to innovating the Transaction Processing industry, but are all exceptional companies well worth a follow.
We tried to pick companies across the size spectrum from cutting edge startups to established brands.
We selected these startups and companies for exceptional performance in one of these categories:
- Innovative ideas
- Innovative route to market
- Innovative product
- Exceptional growth
- Exceptional growth strategy
- Societal impact
Top New York Transaction Processing Companies
Urban FT Group, Inc.
TUrban FT has become one of the Banking and Payment Industry’s leading and fastest-growing financial technology providers. Today, Urban FT serves over 500 financial institutions, processes over $18bn in transactions a year, powers over 5-million mobile sessions a month, and processes over 12-million images a year.
By challenging the status quo and solving real problems for FIs of all sizes, Urban FT continues to enjoy accelerated growth by delivering relevant and needed solutions. Urban FT’s X-35 FinTech Core™ is a reflection of its commitment to fundamentally changing the way FIs access FinTech infrastructure to innovate and compete with their offerings.
As a testament to the company’s explosive growth, Urban FT has been ranked 905 on the 2020 Inc 5000 list. Urban FT is headquartered in New York City, with additional operational locations in Minnesota and California..
Rentroom is a venture backed software startup developing property management tools for the modern era. Rentroom provides property owners with powerful data and management dashboards to succeed, while streamlining tenant processes through leveraging familiar payment systems, maintenance solutions, and exclusive deals.
Rentroom most recently had a seed funding round.. .
BuyWithMe is the premier group-buying app where leading local merchants to offer exclusive limited-time offers to members of the BuyWithMe community. BUYWITHME MISSION: CREATE THE FUTURE OF PAYMENT AND COMMERCE.
The BuyWithMe is a mobile digital asset wallet application that supports the balance management of your facebook libra coins code-scanning payment, as well as mobile app payment, that can be used anytime, anywhere. It allows users to easily make payments in physical stores via QR codes and facebook Liba coins.
Get notified of nearby deals and offers. Restaurants, buffets, spas and salons, gaming & bowling, things to do, and the list is endless – BuyWithMe helps you save money through awesome deals on everything near you! Customers have one unique QR code in the profile screen, which is used to scan the bar code generated by the customer to customer account transfer money.
This is another way to transfer the funds from one customer to another. You will not need any pos or any other infrastructure.
You can manage your business with your mobile. Transactions via BuyWithMe app can be processed immediately, while offline transactions can be made by scanning the QR code, which will later be uploaded onto the blockchain.
It allows users to easily make payments in physical stores via BuyWithMe wallet app with facebook Libra coins, Bitcoin, Ethereum or any type of cryptocurrency. All transactions broadcasted and updated on the blockchain BuyWithMe is headquartered in New York City and maintains an office in Austin where it was founded.
Characterized by its vision and versatility, FDCTech Inc. (“FDC”) is a fully integrated company forever striving to partner not only with OTC Brokers but also those in the burgeoning cryptocurrency market by providing cutting-edge, cost-effective software solutions as well as business advice and, if need be, turnkey options that enable clients to fully realize their investment potential.
Co-founded in January 2016 by Mitch Eaglstein and Imran Firoz, FDCTech (formerly Forex Development Corp.), based in New York City, has set itself apart from the competition in its brief history by melding technological and business expertise, and as a result can advise customers in either space. Eaglstein, now the CEO, is responsible for long-term strategy at FDC, his latest stop in a career that has stretched over a decade and seen him achieve great success in various executive-level positions in the FX brokerage and FinTech space.
Firoz, now the CFO, heads up FDC’s strategic planning, corporate development, financial restructuring and risk management. Before assuming his present role he was the CEO and Director of ABT Holdings (also known as Scoobeez Global), helping that company increase revenues from less than $500,000 to $27 million..
mycashless is an offline technology that boosts profits for experience owners with food and beverage sales. By bridging the inflow of cash and the outflow of products, it eliminates theft and reduces wait times while delivering full transparency on sales tied to customer data.
mycashless was launched by Enrico Becerra and Eduardo Guerra in 2017 and is headquartered in New York City, New York and has offices in Mexico City, Mexico.. .
IVend Retail provides an integrated omnichannel retail management solution for retail store chain companies. IVend Retail helps retailers to optimize business operations to gain more time to focus on cultivating customer engagement and capitalizing on retail trends.
IVend Retail is the chosen retail management platform for thousands of retailers in over 85 countries. Its high quality and cost-effective solutions help these retailers increase revenue, build customer loyalty, reach new customers, and lower operating costs.
IVend Retail was founded on 2002 and is headquartered in New York.. .
ClearRoad is reassessing the value of public space and building the funding infrastructure for the future of mobility. The ClearRoad IoT platform facilitates the monetization of roads by government agencies across North America through road usage pricing.
It flexibly operates under any programmatic and regulatory designs, across a range of existing and planned vehicle usage identification technologies. The company has already established itself in this nascent space, with existing per-mile programs in Oregon and Washington State, and partnerships with established leaders in the tolling and telematics industries.
If we’re going to get the congestion pricing we need to reduce traffic in our cities, government agencies will need help to automate toll road pricing for any section of road without the need for traditional proprietary hardware infrastructure.. .
TransFirst is among the nation’s premier providers of transaction processing services and payment technologies. Founded in 1995, the company has grown to be the largest privately held processor in the United States not associated with a bank.
TransFirst was recently ranked 13th in the 2009 Nilson Report list of â€œMerchant Acquirers in the U.S.,â€ which is up from #14 in 2008. TransFirst offers a suite of products and services and customized processing programs uniquely tailored for the specials business needs of financial institutions, independent sales organizations and agents and referral and reseller partners.
Through its in-depth industry knowledge, partnership strategy and innovative solutions, TransFirst provides a specialized approach to transaction processing for healthcare providers, public entities, online and other non-traditional merchants.. .
Boloro Global Ltd.
Boloro is a patented transaction authentication and mobile payment network. Our mission is to empower everyone, who owns and wants to pay by mobile phone, with access to secure financial services, improving quality of life and eliminating the hassles of cash.
Using mobile technology in a new business model, Boloro is a general purpose branded network reaching the world’s mobile customer base through their trusted mobile operators as well as with their financial institution. Boloro connects to many kinds of merchants and governments giving people new ways to pay.
Mobile customers can Tap and Pay at face-to-face merchants, Tap and Go on buses and other interesting locations and click and pay with online merchants. The Boloro Global management team is highly experienced and has relevant backgrounds in global payments, telecom, international management, as well as global business, financial services and global marketing.
Boloro Global has developed and is operating a payments platform using its own intellectual property, (patented in 49 countries, pending in 38) for mobile payments authentication. Boloro Global works with local companies owned and run by successful local businessmen with extensive experience and respect in their markets.
Boloro is currently operational in Kuwait, Afghanistan, Pakistan and South Africa, with more countries launching in 2016. Boloro is owned and operated by Boloro Global Limited, incorporated in Delaware with headquarters in New York, USA..
RightsFlow is a leading technology-enabled provider of mechanical licensing and royalty accounting, reporting, and payment services for online music companies, record companies, distributors, artists, and songwriters. The RightsFlow technology powers rapid song identification and provides an unprecedented level of transparency for both licensees and licensors.
RightsFlow specializes in obtaining bulk physical, DPD, and ringtone licenses including streaming, tethered, and limited download rights. Our proprietary licensing technology and 30+ million song database allow us to license content, render accounting, and pay royalties on behalf of clients quickly and accurately, ensuring that rights-holders are paid for the use of their work.
RightsFlow was acquired by Google in 2011 and is now part of the team at YouTube helping to simplify music licensing, content identification, accounting and payments for songwriters and publishers worldwide.. .
Ultimas created an affordable, time efficient and easy to implement solution for managing in-app payments in free-to-play games. Easily set up a dynamic in-game inventory, analyse most purchased content and sales trends, and run targeted campaigns based on seasonality, geography and players’ purchase history.
Ultimas IAP management solution supports most popular payment methods and is available worldwide as a platform subscription for standalone gaming sites or as a plugin subscription for f2p games that run on Steam. Simply integrate the code and start processing transactions through a user-friendly interface and a single sign-on in the matter of hours.
As more players expect to access their favourite games on multiple devices, we create freedom of sharing great games on more platforms and reaching even more fans.. .
Cowan, DeBaets, Abrahams & Sheppard
Cowan, DeBaets, Abrahams & Sheppard is a full service media and entertainment law firm with over 25 years of experience in film, music, digital media, publishing, the arts, litigation, and business law. The firm has offices in New York and Beverly Hills and is widely considered to be at the forefront of new developments in intellectual property law and new business models.
Venture Law: The CDAS Venture Law Group has adopted an entirely new approach to venture practice. We understand that every company is different, so we work with management to triage and right-size our services to achieve our clients’ long term objectives.
We clean up IP problems, create solid business processes, and solve difficult internal and external operational problems. In addition, we leverage our great relationships with big brands, media companies and within a wide variety of industries to help our clients form solid strategic relationships.
We are very selective about our clients and strive to work with the best companies and help them scale to leading positions in their industries. Digital Media: CDAS attorneys have deep brand and entertainment industry relationships, and help clients at the forefront of digital media and technology close their most important deals with brands, distribution and advertising partners.
We also help the biggest media and entertainment companies form the right alliances to develop winning digital strategy objectives. Entertainment: CDAS is a market leader in film, music, talent, television and theater with entertainment projects of all sizes, shepherding our clients through development, negotiating top-tier talent agreements, financing, production and distribution.
The Venture Law Group works closely with the firm’s entertainment and media attorneys to leverage opportunities, and develop the models that will define the entertainment business of tomorrow.. .
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