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Press Releases

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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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