News & Announcements

vWise and Envoy Financial Increase Employee Retirement Plan Participation by 24.8% with new vMax Solutions

09.5.2014 in #Press

ALISO VIEJO, Calif., Sept. 5, 2014 /PRNewswire/ -- vWise, Inc. announced today that retirement plan provider Envoy Financial used vWise's new vMax Solutions to increase employee participation by over 24% across a large number of different Plan Sponsor clients. Sep 05, 2014, 08:35 ET from vWise Incorporated "We dramatically increased our average employee participation rate in just 5 weeks using vMax Solutions," says Bethany Palmer, President and Co-Founder of Envoy Financial.  "By leveraging vMax, we effortlessly enrolled hundreds of eligible employees in just a few weeks with no additional travel, meetings, booklets or support staff costs.  We have never had such an effective way to engage so many clients and their employees simultaneously.  Yesterday's 'meetings and booklets' approach to managing retirement plans is forever changed." "The newly launched vMax Solutions is completely integrated with our successful SmartPlan Enterprise software and has resulted in a lightning bolt of engagement success at the employee level," added Tony Mingo, ...

TFG Card Solutions Closes Series ‘A’ Funding with $1.8 Million from Mosaik Partners

06.11.2014 in #Press

Pioneer Payroll Card Provider Servicing Growing U.S. Unbanked Population Accelerates Growth with Capital Investment JUNE 11, 2014 PORTLAND, ORE. AND SAN FRANCISCO, CALIF. (PRWEB)  http://www.prweb.com TFG Card Solutions (http://www.tfgcard.com), a pioneer in paperless payroll card solutions, has secured a $1.8 million investment which was led by Mosaik Partners (http://www.mosaikpartners.com), a leading venture capital firm focused on commerce-enabling technology companies. With the close of this Series “A” round of fundraising, TFG will aim to more than double its sales volume and grow market share. "Payroll cards have proven to be the lifeblood for millions of people and families that are underbanked in this country,” said Miles Kilburn of Mosaik Partners. "We could not be more pleased to partner with TFG to accelerate the growth of its market leading payroll card products and services,” Kilburn added. TFG’s payroll debit card solution can be integrated with any existing direct deposit system, bringing its ...

The Biggest Unrealized Opportunity in B2B Payments

05.6.2014 in #News

There are a lot of things that get in the way of enterprises using electronic methods to pay each other. One of the biggest is forcing buyers and suppliers to adapt to entirely new processes. NVoicePay says it has cracked the code on supplier enablement and along the way, has seen its platform implemented at enterprises that process as many as 300,000 to 400,000 payments a year. NVoicePay CEO Karla Friede spoke with MPD CEO Karen Webster and described how it’s attacking what is, in Friede’s words “the biggest unrealized opportunity in B2B payments.” Posted on May 6, 2014 By pymnts http://www.pymnts.com If there were one word to describe the NVoicePay B2B payments solution, Karla Friede, its CEO would say that it’s “simple.” Friede said it had to be in order to find success where there’s been lots of roadkill: helping businesses move away from paper-based payments to electronic. Started in 2009, NVoicePay set out to ...

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