NACHA’s Elevation Supports Traxpay’s Implementation of its Dynamic Financing Platform (TM)

HERNDON, Va. – NACHA—The Electronic Payments Association® announced today that it has been selected by Traxpay, a Frankfurt-­based fintech company, to create rules for its business-­to-­business (B2B) payments and financing platform. Elevation, NACHA’s consultative services group, will be developing the set of custom rules to govern how electronic transactions will be handled on the platform, defining a standard for Traxpay banks and their users.

“Elevation is tailor-­made for this exciting opportunity with Traxpay,” said Janet O. Estep, president and CEO of NACHA. “Supporting implementation of its enhanced B2B platform through custom rule writing will create a host of new opportunities for Traxpay. We believe that this platform provides great benefit for U.S. banks and their corporate customers. Innovation and digitalization in B2B has been lagging, but new solutions like these are helping to propel the industry forward.”

“A custom rule set ensures a common standard for our users”, said Markus Rupprecht, founder and CEO of Traxpay AG. “NACHA is a recognized industry leader, and has a history of rule writing for a variety of different payment types and needs. We chose NACHA’s Elevation consulting team to write the custom rule …

Read More

Traxpay and NORD/LB to Enter Cooperation

Frankfurt and Hannover, Germany / Luxembourg, Luxembourg / Mountain View, California – Traxpay, pioneer in the automation and optimization of B2B financial transactions, and NORD/LB, one of Germany’s largest wholesale banks with extended expertise in the corporate and structured finance businesses and its subsidiary NORD/LB Luxembourg S.A. Covered Bond Bank, today announced …

Read More

Traxpay und NORD/LB Wollen Gemeinsam das Firmenkundengeschäft Digitalisieren

Frankfurt, Hannover (Deutschland) / Luxemburg (Luxemburg) / Mountain View (Kalifornien) – Traxpay, Pionier bei der Automatisierung und Optimierung von B2B-Finanztransaktionen, und die NORD/LB Norddeutsche Landesbank sowie deren Tochter NORD/LB Luxembourg S.A. Covered Bond Bank (NORD/LB CBB) haben heute eine geplante Kooperation als Baustein der Digitalisierungsstrategie der Bank angekündigt. Mit der Traxpay Financing-Plattform …

Lesen sie mehr

KPMG Cooperates with Fintech Traxpay

The auditing and consulting company KPMG has signed a cooperation agreement with the Frankfurt-based fintech company Traxpay, which has developed a B2B payment and financing platform in combination with blockchain technology. KPMG will from now on advise financial institutions on the implementation of Traxpay software and the relevant adaptation of internal processes. …

Read More

Traxpay Wins 2016 Business Excellence Awards

The prestigious Business Excellence Awards were first established to highlight and celebrate the outstanding performance and results achieved by the leading lights across the corporate world, despite working within increasingly competitive markets.

Corporate leaders are at the forefront of all industry development and bear a vast responsibility, utilizing their ingenuity, creativity and industry …

Read More