Company Information

Get to know Verrency

Founded in 2016 in Australia, Verrency provides a B2B API-based platform that sits on top of existing payment networks and core banking systems. The company's mission is to empower banks and card issuers to innovate rapidly by offering services such as loyalty and rewards integration, real-time payment data enrichment, and merchant-funded offers. By connecting to a bank's existing infrastructure, Verrency allows them to launch new products and services quickly. In May 2023, Verrency was acquired by Rêv Worldwide, a US-based payments and loyalty company, to expand its global service offerings.

Industry

Technology Software DevelopmentPRIMARY
Financial Banking
Financial Other Service

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Verrency

Australia

Founded in

Jul 2016 (10 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

Security Information :

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Security Information

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.