Breaking News
Secure Trading/acquiring.com’s extend influence in the CBD oil sector
Secure Trading Group announced today it will be furthering its growth in the CBD oil industry thanks to its provision of an integrated payments ecosystem of payment gateway and acquiring solutions to CBD oil business The Tonic. Founded in 2017, The Tonic offers a number of premium CBD products packed with cannabinoids available to relieve the symptoms of a number of health conditions.
Secure Trading’s payment gateway facilitates 3D Secure transactions for The Tonic, meanwhile ST Group’s acquiring arm, acquiring.com, provide merchant services to process payments. By choosing to incorporate both parts of the group’s payments landscape, The Tonic have ensured that they will be able to benefit from a seamless, integrated payment system, with the full suite of Secure Trading’s products available to them.
We spent the first 6 months of business repeatedly facing brick walls while trying to source a payments company that were bold and brave enough to take on a new CBD retailer,” Kate Henderson, Director of The Tonic said. “The challenges included incompatibility between payments provider and website developer, lack of faith in us as a new business, legal grey areas and the inability to acquire sufficient insurances. Like a beacon of light, Secure Trading appeared, offering the reassurance, expertise and professionalism that we were looking for. Craig guided us through the entire process and liaised with our web developers on our behalf to ensure a smooth process. Since running our website with Secure Trading in place we have seen online sales increase 500%!”
“We are an acquirer that take time to understand the customers model, and work with them to provide an intelligent payment system that matches their business goals,” Craig Brightly, Head of Sales at Secure Trading added. “With traditionally ‘high-risk’ businesses, in sectors such as CBD, other acquiring banks often failed to do this. We’re happy to work with merchants in these lesser-known, but exciting industries, which is why Tonic Tribe have already enjoyed a lot of success with Secure Trading.”
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Platform Veteran Geoff Towers Joins Platform One Board
Geoff Towers, the CEO of multiple platforms throughout his career, has joined the Platform One board as a non-executive director.
Mastercard Advances Instant Cross-Border Payments with TIPS Cross-Currency Pilot
Mastercard today announced its participation in a Eurosystem-led pilot, conducted in collaboration with Danmarks Nationalbank and Sveriges Riksbank, on the TARGET Instant Payment Settlement (TIPS) platform, testing instant cross-currency payments (TIPS X-CCY). Participation in the pilot represents a key milestone in Mastercard’s strategy to build direct connectivity to payment infrastructures and demonstrates how instant cross‑border payments can be executed and settled instantly at infrastructure level.
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Ryan Expands Global Presence and European Reach Through Acquisition of Svalner Atlas Advisors
Ryan, LLC (“Ryan”), a leading global tax services and software provider, today announced it has entered into a definitive agreement to acquire Svalner Atlas Advisors, a premier independent tax and transaction advisory firm headquartered in Stockholm, Sweden. The acquisition will expand Ryan’s presence across the Nordics and Benelux regions while enhancing the Firm’s ability to deliver integrated cross-border tax and advisory services throughout Europe.
Silverflow Accelerates Post-Series B Growth with New Amsterdam HQ and 20% Headcount Increase
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