Blockchain
NetCents Technology Recruits Executive with 25 Years of Experience and Leadership in Merchant Acquiring, Card Issuing, and B2B Payments
Vancouver, British Columbia–(Newsfile Corp. – April 15, 2021) – NetCents Technology Inc. (CSE: NC) (FSE: 26N) (OTCQB: NTTCF) (“NetCents” or the “Company“), a cryptocurrency payments company, is pleased to announce the addition of Marcie Verdin as Executive Vice President, Card and Solutions Development.
“The opportunity to work with NetCents to lead the market in merchant processing and cryptocurrency wallet issuing is nothing short of my career dream come true,” stated Marcie Verdin, EVP, Card Solutions and Product Sales at NetCents Technology. “But more importantly, my ability to help NetCents create a new economy benefitting merchants, consumers, financial institutions, and fintech partners is what sold me. Building sustainable value propositions that drive frictionless commerce and enable companies and consumers to thrive in next-generation ecosystems has been my passion. NetCents is truly setting the course for the future of commerce.”
As the Company continues its rapid growth and international expansion, the executive team has similarly evolved to meet growing customer demand and optimize internal operations. Marcie will be focused on accelerating the Company’s growth and scale to service customer needs globally and lead and expand new product development.
“We continue to be laser focused on streamlining and enhancing the merchant and user experience to continue to drive mass adoption of cryptocurrency as a payment method and build our team to be able to meet our mission,” stated Clayton Moore, Founder & CEO of NetCents Technology. “The addition of Marcie, with her decades of experience in next-generation payment solutions, card issuance, and merchant acquiring, brings invaluable experience to the NetCents executive team as we continue to grow at triple digit pace in 2021. I’m looking forward to working with Marcie to deliver on the many innovations the team has in progress, her unique combination of payment leadership and forward-looking business acumen is exactly what NetCents needs at this stage of our journey.”
Marcie brings over 25 years of payments, internet security, and strategic consulting experience to her new role. Marcie recently served as the Head of Enterprise Portfolio Management FIS, where she drove massive organizational change initiatives. FIS is a financial technology services provider providing the top financial services firms globally solutions underpinning $9 trillion in annual transaction value – supporting the majority of the leading Private Equity, Bank and Insurance Companies worldwide. In her role at FIS, Marcie managed a portfolio which included $600M in annual spending supporting 300+ project managers driving $8B in revenue. During her six-year tenure at FIS, she also served as Head of Core Processing Products for Merchants and Financial Institutions. She led the development of next-generation payments solutions like card controls and instant account issuance for issuers and the deployment of NFC terminals for merchants.
Prior to FIS, Marcie held senior leadership positions at Mastercard, including Senior Vice President and Group Head Global Product, developing and delivering global commercial card business plan resulting in market share gain and position from number 3 to 2, delivering 30% year-over-year change in volume growth. Marcie had previously worked at Visa and American Express, focused primarily on the global expansion of card-based B2B payments. Marcie also worked as a pioneer in internet security at Verisign, running its International Affiliate Program. Early in her career, she was a consultant for Accenture Consulting.
Marcie holds her Bachelor’s degree in Marketing from Loyola University, New Orleans. When she is not driving payments innovation, she can be found on stage or on the soccer field volunteering her time and talents to impact the community.
About NetCents
NetCents Technology Inc, the transactional hub for all cryptocurrency payments, equips forward-thinking businesses with the technology to seamlessly integrate cryptocurrency processing into their payment model without taking on the risk or volatility of the crypto market. NetCents Technology is registered as a Money Services Business (MSB) with FINTRAC.
For more information, please visit the corporate website at www.net-cents.com or contact Investor Relations: [email protected].
On Behalf of the Board of Directors
NetCents Technology Inc.
“Clayton Moore”
Clayton Moore, CEO, Founder and Director
NetCents Technology Inc.
1000 – 1021 West Hastings Street
Vancouver, BC, V6E 0C3
Cautionary Note Regarding Forward-Looking Information
This release includes certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates, and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/80469
Blockchain
Ebang International Reports Financial Results for Fiscal Year 2023
Blockchain
FBI warning against crypto money transmitters ‘appears’ to be aimed at mixers
A recent warning from the FBI regarding a crypto money transmitter seems to be aimed at the Samourai Wallet. This development highlights the increasing scrutiny and regulatory challenges faced by privacy-focused cryptocurrency wallets and services.
The FBI warning raises concerns about the use of certain cryptocurrency wallets that prioritize user privacy and anonymity, potentially enabling illicit activities such as money laundering and terrorist financing. While the warning does not explicitly name any specific wallet or service, the language used suggests that the Samourai Wallet may be the target of the advisory.
Samourai Wallet is known for its focus on privacy and security features, including coin mixing and stealth addresses, which aim to enhance user privacy and protect against surveillance and tracking. However, these features have drawn the attention of law enforcement agencies and regulators, who are increasingly concerned about their potential misuse by criminals.
The FBI warning underscores the challenges faced by privacy-focused cryptocurrency wallets in navigating regulatory compliance and law enforcement scrutiny. While these wallets aim to empower users with greater control over their financial privacy, they must also address regulatory requirements and law enforcement concerns to avoid legal and reputational risks.
As the cryptocurrency industry continues to evolve, privacy-focused wallets like Samourai Wallet will need to strike a balance between privacy and compliance, ensuring that they can provide robust privacy features while also addressing regulatory concerns and maintaining transparency with authorities. This delicate balance is essential to foster trust and confidence among users and regulators alike, ultimately enabling the continued growth and adoption of privacy-enhancing technologies in the cryptocurrency space.
Source: cointelegraph.com
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Blockchain
Pantera Capital Plans to Raise $1 Billion for New Fund Offering Exposure to Crypto Assets
Pantera Capital is reportedly planning to raise $1 billion for a new fund that offers exposure to various crypto assets, as reported by Blockchain.News. This ambitious fundraising initiative underscores Pantera’s continued confidence in the potential of the cryptocurrency market and its commitment to providing investors with diversified investment opportunities in the digital asset space.
The new fund from Pantera Capital aims to capitalize on the growing demand for exposure to cryptocurrencies and blockchain-based assets among institutional and retail investors. By offering a comprehensive portfolio of crypto assets, the fund seeks to provide investors with access to a wide range of investment opportunities, spanning cryptocurrencies, tokens, and other digital assets.
Pantera’s decision to raise $1 billion for the new fund reflects its optimistic outlook on the long-term growth prospects of the cryptocurrency market. With increasing mainstream adoption and institutional interest in cryptocurrencies, Pantera sees significant potential for value creation and capital appreciation in the digital asset space.
As one of the leading blockchain-focused investment firms, Pantera Capital is well-positioned to attract capital from investors seeking exposure to the cryptocurrency market. The firm’s track record of successful investments and its experienced team of investment professionals are likely to bolster investor confidence and support for the new fund.
Pantera Capital’s plans to raise $1 billion for its new fund underscore its commitment to driving innovation and growth in the cryptocurrency market. As the fund attracts capital and deploys it into promising investment opportunities, it is poised to play a key role in shaping the future of the digital asset ecosystem.
Source: blockchain.news
The post Pantera Capital Plans to Raise $1 Billion for New Fund Offering Exposure to Crypto Assets appeared first on HIPTHER Alerts.
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