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Press Releases

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May 2016

Credorax Arms Free-To-Play Online Video Gaming Publisher, Wargaming, With Better Online Payments

Boston, MA — May 2016 Credorax today released the results of its first year as a merchant acquiring bank for online game developer and publisher Wargaming. Credorax increased its Wargaming processing volume by 200% over the course of 2015 as well as processed card transactions from 125 countries during the end-of-year holiday season.

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March 2016

Vantiv and Credorax Partner to Expand Card-not-Present Payments Acceptance to Global Markets

CINCINNATI and BOSTON, March 16, 2016Vantiv, Inc. (NYSE: VNTV), a leading provider of payment processing services and technology for merchants and financial institutions of all sizes, and Credorax, a global merchant acquiring bank, today announced a partnership that bolsters the capabilities of Vantiv's merchants to serve global consumers via card-not-present channels.

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Jan 2016

Credorax Appoints Executive Chairman Igal Rotem as CEO

Benny Nachman Named Vice-Chairman of the Board and Executive Director — Igal Rotem has assumed the role of chief executive officer of Credorax as of January 2016. Benny Nachman, the former CEO and founder, has transitioned to vice-chairman of the board and executive director.

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21 Jul 2015

Arvato Financial Solutions Selects Credorax as a Merchant Acquiring Bank for E-Commerce Customers in Europe

London, 21 July 2015 — Arvato Financial Solutions, a leading global financial services provider, today announced that it has chosen Credorax, the digital merchant acquiring bank, as an acquirer. Awarded "Best Merchant Acquirer" of 2014, Credorax specifically caters to the needs of eCommerce and m-commerce merchants.

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04 Feb 2015

Credorax Appoints Joshua R. Floum as Chairman of the Board of Directors

Boston, MA, February 4th, 2015 — Credorax, the digital merchant acquiring bank, today announced that it has appointed Joshua R. Floum as chairman of the board of directors. In this new role, Mr. Floum will leverage his 30 years of expertise and experience in financial services, payments, advanced technologies, governance and risk initiatives to further facilitate the company's growing role as a leading global merchant acquiring bank.

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