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Adyen continues to pioneer the in-person payment space with host of new industry-defining products

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  • SFO1 is Adyen’s first proprietary multimedia countertop terminal
  • Adyen is the first PSP to launch Klarna’s BNPL in-store solution worldwide and initiates global roll out of Alipay+
  • Tap To Pay on Android now available in Europe, UAE, Hong Kong, Malaysia, Australia and New Zealand, enabling businesses in these regions to cost-effectively scale

AMSTERDAM, Sept. 26, 2024 /PRNewswire/ — Adyen, the financial technology platform of choice for leading businesses, has today announced major advancement in the in-person payments (IPP) landscape, underscoring its commitment to innovation with industry defining solutions. This comprehensive update not only enhances the payment experience for both merchants and customers but also reinforces Adyen’s position as a leading force in payment technology.

“Adyen offers an industry-leading in-person payment solution, with one of the widest product portfolios in the market, ranging from mobile solutions to countertop terminals, catering to any business need—all powered by our single tech stack. This product update is a testament to our ambition in the unified commerce space,” commented Derk Busser, VP Product – Payment Channels, at Adyen. “We see our customers still highly value in-person touchpoints and we are continuing to differentiate ourselves within the payments industry to be the market leader in omnichannel solutions. We’re committed to revolutionize how the shoppers of today and tomorrow experience ‘the store’.” 

Unlimited branding opportunities with SFO1 countertop terminal

Today, Adyen proudly unveils the SFO1, its proprietary multimedia countertop Android terminal. With an 8 inch touch screen, SFO1 enhances the payment experience by integrating functions of traditional terminals with customer-facing displays. This innovation marks a new chapter in transforming the in-person payment experience.

“The SFO1 will fundamentally change the way brands interact with customers at the point of purchase,” added Busser. “Rich video content allows fashion retailers to showcase next season’s collection on stunning screens while offering shoppers the chance to sign up for loyalty programs to receive   discounts or early access to the clothing shown. We are pushing the boundaries of innovation, ensuring that merchants can provide cutting-edge, customizable in-store checkout experiences.”

SFO1 allows enterprise and platform businesses to maintain consistent brand presence and engage customers dynamically, by seamlessly integrating with their point of sale (POS) systems or partners, while reducing counter clutter and costs.

“We’re excited to partner with Adyen on integrating the SFO1 terminal,” said Amber Hovious, VP Partnerships at Teamwork Commerce. “As a leading POS & OMS software company, Teamwork Commerce knows how important it is to deliver cutting-edge customer experiences. The SFO1 device offers a great way to create engaging in-store experiences for shoppers, while also helping to streamline operations.”

SFO1 will be available in the U.S. and Europe by the end of 2024.

Global first launch of Klarna in-store and extensive rollout of Alipay+

Adyen is breaking new ground as the first global PSP to launch Klarna’s in-store solution worldwide and initiates the global rollout of Alipay+ on its terminals. This move fulfills Adyen’s promise to unified commerce merchants by delivering a consistent payment experience both in-store and online. With the growing popularity of buy-now-pay-later (BNPL) services—projected to reach $3.98 trillion by 20301—and the dominance of digital payment solutions like Alipay+, Adyen’s integration allows merchants to reach a broader global audience. By enabling Klarna and Alipay+ in-store, Adyen empowers retailers to cater to Gen Z shoppers and global travelers, mostly from Asia, offering the flexibility to choose their preferred payment method regardless of the shopping channel.

Tap To Pay on Android in new regions

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As the demand for contactless payments continues to soar, the introduction of Tap to Pay technology offers a game-changing opportunity for businesses of all sizes. Adyen was the first to introduce Tap to Pay solutions on a global scale and it is now expanding its Tap To Pay on Android capabilities into Europe, the UAE, Hong Kong, Malaysia, Australia and New Zealand.

Adyen’s Tap to Pay on Android solution transforms any NFC-enabled Android device into a secure payment terminal, eliminating the need for traditional POS hardware. This reduces upfront costs for merchants and offers greater flexibility in accepting payments—whether in-store, at pop-up events, or on-the-go. As a leader in the industry, Adyen is also one of the first to offer both a comprehensive SDK and a payments app, balancing robust control with ease of integration.

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Adyen (ADYEN:AMS) is the financial technology platform of choice for leading companies. By providing end-to-end payments capabilities, data-driven insights, and financial products in a single global solution, Adyen helps businesses achieve their ambitions faster. With offices around the world, Adyen works with the likes of Meta, Uber, H&M, eBay, and Microsoft.

Adyen continuously improves and expands its product offering as part of its ordinary course of business. New products and features are announced via press releases and product updates on the company’s website.

1 Buy Now Pay Later Market Outlook, Allied Market Research– 2030

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Fintech PR

LiveWell Awarded Frost & Sullivan’s 2024 Global Customer Value Leadership Award for Advancing Equitable and Accessible Mental Health Solutions

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LiveWell’s app integrates cutting-edge artificial intelligence (AI) and machine learning to provide personalized mental and behavioral health support, fostering user engagement across 27 countries and 9 languages.

SAN ANTONIO, Sept. 26, 2024 /PRNewswire/ — Frost & Sullivan recently researched the mental and behavioral health industry and, based on its findings, recognizes LiveWell by Zurich (LiveWell) with the 2024 Global Customer Value Leadership Award.

In their report, Frost & Sullivan state that LiveWell provides world-class digital health and well-being solutions to balance physical, mental, social, and financial health through its user-friendly app. LiveWell offers a wide range of tools that include mood and stress tracking; mental health support; and services offering support on a range of wellness topics. LiveWell is one of many pioneers addressing significant challenges to the mental and behavioral health industry, such as stigma, access, equity, and data privacy.

LiveWell’s commitment to continual innovation is clearly visible through its regular app updates, integrating innovative features that significantly boost user engagement and satisfaction.

“LiveWell continuously enhances its app to ensure optimal performance. With the integration of the Wellness Hub, partners can now seamlessly offer AI-powered Wellbeing Scans, telemedicine, and emotional support services, while showcasing their products and branding,” said Alejandra Parra, Research Analyst at Frost & Sullivan.

LiveWell effectively leverages research and customer feedback to update its solutions and maintain its competitive edge. For instance, the company has just released a premium version of the app, allowing users to purchase tailor-made products and services, providing access to new tools and fully customized features.

Additionally, by consistently prioritizing speed to market and customer needs, LiveWell demonstrates a unique ability to stay ahead of industry trends and respond rapidly to the shifting demands of its ever-growing global user base.

“Frost & Sullivan applauds LiveWell’s capacity to launch technology-integrated products at an impressive speed-to-market, meeting and exceeding customers’ diverse needs,” noted Parra.

Each year, Frost & Sullivan presents this award to the company that demonstrates excellence in implementing strategies that proactively create value for its customers, focusing on improving the return on the investment that customers make in its services or products. The award recognizes LiveWell’s unique focus on augmenting its customers’ value beyond simply good customer service, leading to improved customer retention and customer base expansion.

Frost & Sullivan Best Practices Awards recognize companies in various regional and global markets for demonstrating outstanding achievement and superior performance in leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analyses, and extensive secondary research to identify best practices in the industry.

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About Frost & Sullivan

For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success.

Contact: Camila Tinajero [email protected]

About LiveWell

LiveWell was founded by Zurich Insurance Group (Zurich) in 2020 with the goal of creating a service-led digital wellbeing solution that helps individuals maintain balance in their physical, mental, social and financial health. Since its inception, LiveWell has introduced its services in more than 27 countries – from Argentina to Australia – and collaborates with global health and wellbeing partners to offer users a wide range of content, challenges, and rewards that foster healthy habits. LiveWell promotes a holistic approach to wellness and understands the importance of maintaining overall health.

LiveWell’s wide range global and regional partners include Polar, Triumph, BODDY, and Philips.

Read about the LiveWell app at https://livewell.zurich.com/ and follow LiveWell on Instagram and LinkedIn.

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HTX DAO Emphasizes Its Focus on the CIS Region for Global Expansion at Crypto Summit 2024

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SINGAPORE, Sept. 26, 2024 /PRNewswire/ — From September 25-26, HTX DAO made a strong impression at Crypto Summit 2024, as an exclusive sponsor of its registration desk and a key partner. This demonstrates HTX DAO’s commitment to expanding its presence in the CIS region, a vital market for the global growth of its ecosystem and showcases its unique decentralized governance model. Through the Summit, the budding ecosystem attracted a broad array of crypto community members, developers, partners, and users, further strengthening its global community and decentralization.

Anton Belyakov, the operations manager for HTX in the CIS region, delivered a keynote speech titled “Towards Crypto Exchange 2.0: How HTX DAO Redefines Exchange Model to Build Active Crypto Community.”

Belyakov emphasized that HTX DAO is an organization that can change how we view centralized exchanges, representing a decentralized exchange through innovative governance and community participation. According to him, HTX DAO empowers its users, partners, and governance committee members to participate in decision-making processes and bolster the exchange to integrate community feedback, innovative solutions, and more — thereby driving rapid product evolution.

Belyakov also revealed that HTX DAO’s governance token, $HTX, has seen its value steadily increase thanks to the platform’s growth and the token burning designed to limit supply. At present, the token is traded on 24 exchanges. Since its launch in early 2024, $9 million worth of $HTX tokens have been burned and $42.5 million liquidity pledges have been received by HTX DAO, demonstrating both a robust foundation and strong potential especially within the CIS region.

Looking ahead, Belyakov noted that $HTX has the potential to lead governance tokens in the crypto space, as HTX DAO continues to set a new standard for community-driven exchanges.

The Crypto Summit, held in Moscow from September 25-26 this year, is a major annual event for cryptocurrency and blockchain sectors in Russia and the CIS. The recent event attracted over 7,000 attendees, 70 speakers, and 70 exhibitors. This year’s discussions focused on the industry’s most concerned topics, including investment opportunities, market trends, and regulatory developments.

HTX DAO highlighted the CIS region as a fertile ground for crypto growth, driven by its technology innovation, active communities, and decentralized ethos. Despite regulatory challenges and global financial pressures, the region remains a high-potential market within the global crypto industry. In August alone, HTX DAO and HTX saw their market share rise to 21.2% in the region. Going forward, HTX DAO plans to continue expanding its businesses in the CIS market, further growing its international footprint.

About HTX DAO

HTX DAO is a blockchain-based decentralized autonomous organization dedicated to revolutionizing decentralized governance and expanding the applications of blockchain technology. Our vision is centered around open finance and a decentralized, tokenized economy. At the core of HTX DAO, governance is democratically and transparently vested in the hands of $HTX token holders. We warmly invite individuals and communities to join our journey, actively participate, and contribute, together shaping an open and innovative future for the blockchain world.

For more information on HTX DAO, please visit www.htxdao.com.

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AIIB’s Global Membership Grows to 110

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SAMARKAND, Uzbekistan, Sept. 26, 2024 /PRNewswire/ — The Asian Infrastructure Investment Bank (AIIB) has grown to 110 approved Members after its Board of Governors voted in support of the application of the Republic of Nauru during the Bank’s 2024 Annual Meeting.

“The addition of Nauru as a regional Member strengthens the AIIB community and supports our collective mission to finance Infrastructure for Tomorrow,” said Jin Liqun, AIIB President and Chair of the Board of Directors. “AIIB is committed to supporting our Members’ sustainable development and together we will work on priority projects within our clearly defined thematic priorities to drive long-term sustainable growth.”

About AIIB

The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank whose mission is Financing Infrastructure for Tomorrow in Asia and beyond—infrastructure with sustainability at its core. We began operations in Beijing in 2016 and have since grown to 110 approved Members worldwide. We are capitalized at USD100 billion and AAA-rated by the major international credit rating agencies. Collaborating with partners, AIIB meets clients’ needs by unlocking new capital and investing in infrastructure that is green, technology-enabled and promotes regional connectivity.

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