IXOPAY and Aperia Compliance Merge to Extend Advanced Payment Data Security to Merchant Acquirers and Merchants of All Sizes, Worldwide
Merger combines IXOPAY's enterprise-grade capabilities in payment orchestration and tokenization with Aperia Compliance's PCI DSS Level 3 and 4 solutions.
TULSA, OKLAHOMA / ACCESSWIRE / December 4, 2024 / IXOPAY, a leading payments technology provider handling more than $35 billion in payment volume through its enterprise-grade payment orchestration platform, announced today that it has merged with Aperia Compliance, a subsidiary of Aperia Solutions and a leading firm in Payment Card Industry Data Security Standard (PCI DSS) data validation and risk management. Serving more than 100 merchant acquirers, Aperia Compliance will operate as "Aperia Compliance, an IXOPAY company."
IXOPAY offers enterprise-grade PCI DSS Level 1 and 2 solutions powered by advanced tokenization. Paired with Aperia Compliance's robust PCI DSS Level 3 and 4 solutions-including PCI Apply 4.0 and the new 6.4.3 product-the combined offering aims to deliver a scalable, end-to-end solution enabling merchants, independent sales organizations (ISOs), and payment processors to comply with global data security standards, streamline operations, and drive revenue growth.
"Today's merger with Aperia Compliance enables IXOPAY to extend its capabilities and seeks to provide merchant acquirers of all sizes with powerful tools to navigate updated PCI DSS Version 4.0 requirements and secure their payment systems," said Brady Harris, CEO of IXOPAY. "By combining Aperia Compliance's PCI DSS Level 3 and 4 solutions with our enterprise-grade payments orchestration, we're expanding our platform with the goal of further simplifying compliance, enhancing security, and supporting businesses as they adapt to the evolving payments landscape."
Customers of both companies will now have access to the entire product suite. IXOPAY customers will have access to Aperia Compliance's PCI DSS Level 3 and 4 validation and risk management solutions, which include self-assessment questionnaire assistance, vulnerability scanning, multilingual support, integrated security solutions, data breach protection, merchant education, and reporting and analytics. Aperia Compliance customers-ISOs, processors, banks, and payfacs-gain access to IXOPAY's PCI DSS Level 1 and 2 tokenization and payment orchestration capabilities, along with fraud prevention, automated account updater, 3-D Secure authentication, point-to-point encryption, network token security, and detailed compliance reporting with universal tokens.
"The strategic merger of Aperia Compliance and IXOPAY creates a broader set of tools that enable businesses to compete in the fast-paced payments space," said Kevin Mokarow, Chairman and CEO of Aperia Solutions and senior advisor to the IXOPAY board of directors. "By combining strengths, we're extending IXOPAY's capabilities to small and medium-sized businesses worldwide, aiming to help merchants, ISOs, and processors reduce errors, prevent fraud, and streamline operations for sustainable growth."
The merger with Aperia Compliance is the latest transaction announced by IXOPAY, a portfolio company of K1 Investment Management, following IXOPAY's recent merger with TokenEx and a slate of new executive appointments, including CEO Brady Harris.
"This is another step on the way to creating a payments industry leader," said Tarun Jain, Principal at K1 Investment Management. "Earlier this year, the integration of TokenEx's advanced tokenization technology positioned IXOPAY as a continued innovator in the world of payment data security. With the addition of Aperia Compliance's PCI products, IXOPAY continues to strengthen its platform and help redefine payment operations for businesses worldwide."
Aperia Compliance's management team is continuing with the business under IXOPAY. Aperia Solutions is not a part of the merger and will continue to operate under the Aperia brand.
Media Contact
Mills Forni, Verdis
About IXOPAY
IXOPAY is a leading provider of enterprise-grade payment orchestration, providing a fully integrated platform and flexible payment optimization modules to businesses around the world. With a single API and scalable payments architecture, IXOPAY empowers businesses to streamline, secure, and increase the resilience of their payment systems. Learn more at www.ixopay.com.
About Aperia Compliance
Aperia Compliance, an IXOPAY company, is a leader in Payment Card Industry (PCI) validation and risk management, providing PCI Level 3 and 4 compliance for ISOs, payment processors, and small and medium-sized businesses. Learn more at www.aperia.com/proPCI - Aperiaducts/pci
Contact Information
Mills Forni
Verdis
mills@verdis.xyz
Related Images
|
Source: IXOPAY
View the original press release on accesswire.com
IXOPAY
Subscribe to releases from ACCESSWIRE
Subscribe to all the latest releases from ACCESSWIRE by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from ACCESSWIRE
Beyond Work Unveils Next-Generation Memory-Augmented AI Agent (MATRIX) for Enterprise Document Intelligence23.12.2024 08:00:00 CET | Press release
Matrix streamlines document processing by cutting manual labor and operational costs, using AI agents in the enterprise. LONDON, GB / ACCESSWIRE / December 23, 2024 / Today, Beyond Work, an enterprise AI company, announced the record-setting results of Matrix, a novel memory-augmented AI framework for automating business document processing. Developed in collaboration with researchers from Penn State University, Oregon State University, and Kuehne+Nagel, one of the world's largest logistics providers, Matrix addresses the complex, time-intensive task of extracting transport references from Universal Business Language (UBL) invoices.MATRIX Results Comparing the success rates of four methods (CoT, Two-agent, Reflexion, Matrix) across GPT-4o-mini and GPT-4o, with Matrix achieving the highest performance. By harnessing an iterative, memory-centric learning strategy, Matrix achieves a 30.3% improvement over chain-of-thought prompting, outperforms a standard Large Language Model agent by 35.
MicroVision Increases Production Capacity to Meet Anticipated Demand19.12.2024 09:20:00 CET | Press release
REDMOND, WA / ACCESSWIRE / December 19, 2024 / MicroVision, Inc. (NASDAQ:MVIS), a leader in MEMS-based solid-state automotive lidar and ADAS solutions, today announced that it has increased production capacity for its MOVIA L sensor to meet anticipated demand from the industrial sector. Building on the relationship with its existing automotive Tier 1 manufacturing partner, MicroVision expects output of MOVIA L sensors for 2025 to significantly increase compared to 2024. The continued acceleration of production capacity throughout 2025 will result in a reduced average cost per sensor, while maintaining a high-quality product suitable for industrial applications. "Securing this production capacity is critical to support high-volume orders from industrial customers, so we feel good closing out the year with this commitment in hand," said Sumit Sharma, Chief Executive Officer. "We are pleased with this scaling, particularly from a cost perspective, and our Tier 1 automotive supplier, ZF, i
TechGALA 2025 - Aichi's First International Startup Conference17.12.2024 22:00:00 CET | Press release
Join us 4-6 February 2025 to discover Aichi's international, vibrant startup ecosystem. NAGOYA, JP / ACCESSWIRE / December 17, 2024 / TechGALA, Nagoya's first major startup event, is fast approaching! From February 4-6 2025, TechGALA will open its doors to share Nagoya's business culture of innovation within a system with the world. Read on for more information about this exciting event! TechGALA will be based mainly out of Chunichi Hall and Conference Center, but events will be held at several other locations around the Sakae and Tsurumai neighborhoods - including Nagoya Innovator's Garage and the new STATION Ai campus. Check out the map below for more details: Almost a hundred speakers will be in attendance, including Professor Emori Seita from Tokyo University's Institute for Future Initiatives, Futurist Peter Swain, Chief Sustainability Officer at Toyota Motor Corporation Yumi Otsuka, and artist/writer/non-architect/drag queen Vivienne Sato. In addition to speakers from the busines
American Wave Machines Announces Partnership with China Tourism Group17.12.2024 10:06:00 CET | Press release
PerfectSwell® Heading to China's Surfing Capital SOLANA BEACH, CA / ACCESSWIRE / December 17, 2024 / American Wave Machines, the surf technology company behind PerfectSwell® Surf Venues worldwide, today announced an agreement to develop a PerfectSwell® Surf Resort with China Tourism Group. The project, located on the island of Hainan in Riyue Bay, also known as Sun and Moon Bay in the town of Wanning, will be called "Riyue Bay Surf Resort".Riyue Bay Surf Resort. Image courtesy of China Tourism Group. Known for having the best surf in China, Riyue Bay has attracted a wide range of businesses including a vibrant restaurant and bar scene open to international tourists. With conditions and climate that support year-round surfing, Riyue Bay has held international competitions for eleven consecutive years. Standing out as a beacon of success for the Chinese surf scene, Riyue Bay is also home to China's National Surfing Team. The PerfectSwell® anchored multi-use development will be the very f
De Europese Unie steunt Green Energy Park als wereldwijd baanbrekend project voor 202517.12.2024 09:52:00 CET | pressemeddelelse
Green Energy Park is als prioriteit erkend in de EU-categorie "Klimaat en Energie" van Global Gateway vanwege zijn transformatieve project om op gigawattschaal duurzame waterstof te produceren. Het doel van het project is om groene waterstof te gebruiken om de industriële productieketens in de specifieke regio, Brazilië - Zuid-Amerika, te versterken. Via Global Gateway ontwikkelen en investeren de Europese Commissie en de 27 lidstaten wereldwijd in duurzame projecten van hoge kwaliteit. De lijst belangrijkste kernprojecten is bedoeld om de prioriteiten van de Europese Unie onder de aandacht te brengen. Om het effect zo groot mogelijk te maken, zullen de projecten die door de Raad van de EU worden goedgekeurd, worden afgestemd op de beleidsprioriteiten in specifieke regio's en specifieke sectoren, zodat er geen overlappingen zijn. Deze selectie van referentie-initiatieven werkt als een katalysator voor uitgebreide steun door de EU en de lidstaten. Onder de vlag van het baanbrekend initi
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom