Q2 in Review: April, May and June 2023
Previous
What has Bivial achieved so far in Q2 2023?
During the second quarter of 2023, Bivial AG made a significant expansion of its product offering to include local Automated Clearing House (ACH) payments in more than 40+ currencies. This new capability allows Bivial’s customers to execute cross-border payments directly via local ACH systems within selected countries.
During the second quarter of 2023, Bivial AG made a significant expansion of its product offering to include local Automated Clearing House (ACH) payments in more than 40+ currencies. This new capability allows Bivial’s customers to execute cross-border payments directly via local ACH systems within selected countries.
Global ACH payments offer business advantages to companies looking to streamline existing cross-border payment flows and to teams building new global products. ACH payment systems provide a secure and cost-effective way to transfer funds electronically, replacing the need for physical checks or wire transfers. The process involves the electronic clearing and settlement of payments between participating banks or financial institutions.
Private Accounts
Additionally, the company can now offer Private Accounts to individuals in addition to its corporate banking offer. Bivial intends to use this for its embedded banking solutions for marketplaces as well as limited transactional capabilities to Founders of businesses that already hold accounts with Bivial AG.
Additionally, the company can now offer Private Accounts to individuals in addition to its corporate banking offer. Bivial intends to use this for its embedded banking solutions for marketplaces as well as limited transactional capabilities to Founders of businesses that already hold accounts with Bivial AG.
Expanding Team
The company has also reinforced its workforce by welcoming three new members to its team. These fresh additions bring expertise in various areas, including finance operations, account management and back-office operations. By incorporating these skilled individuals, the company aims to optimise its operational efficiency and foster strategic alliances.
The company has also reinforced its workforce by welcoming three new members to its team. These fresh additions bring expertise in various areas, including finance operations, account management and back-office operations. By incorporating these skilled individuals, the company aims to optimise its operational efficiency and foster strategic alliances.
Which events did Bivial attend?
Bivial AG has been actively participating in a series of prominent industry events, demonstrating its commitment to staying at the forefront of the payments and financial services landscape. They kicked off their event calendar in the second quarter by attending the 13th NextGen Payments & RegTech Forum 2023 in Zurich at the beginning of May.
Bivial AG has been actively participating in a series of prominent industry events, demonstrating its commitment to staying at the forefront of the payments and financial services landscape. They kicked off their event calendar in the second quarter by attending the 13th NextGen Payments & RegTech Forum 2023 in Zurich at the beginning of May.
The Bivial team also participated in the Seamless Middle East event in Dubai, explored the future of money at the Money 20/20 event in Amsterdam, and engaged in discussions about the latest trends shaping the gaming and e-sports industry at the 2nd Annual MENA Gaming & e-sports Summit in Dubai.
The company aims to leverage the networking opportunities provided and foster valuable connections with industry experts.
What to expect in Q3 2023?
USD Denominated Cards
Recently, there has been a significant increase in demand for cards in USD among affiliates and media buyers who use Google Ads or Facebook. This trend can be attributed to a number of factors, including most ad campaigns being denominated in USD.
USD Denominated Cards
Recently, there has been a significant increase in demand for cards in USD among affiliates and media buyers who use Google Ads or Facebook. This trend can be attributed to a number of factors, including most ad campaigns being denominated in USD.
From July, Bivial clients will be able to create and use USD-denominated VISA debit cards linked to their USD accounts with Bivial. This eliminates Forex Exchange costs when spending with popular U.S.-based companies like Google, Facebook or Amazon Web Services.
New Partners platform
In addition, Bivial’s new Partnership platform will be released in Q3. The new addition will enable our partners to manage and handle all their referrals with enhanced efficiency and effectiveness. Through the platform, partners will have access to a comprehensive dashboard that allows them to track the progress of their referrals in real-time, ensuring transparency and timely communication.
In addition, Bivial’s new Partnership platform will be released in Q3. The new addition will enable our partners to manage and handle all their referrals with enhanced efficiency and effectiveness. Through the platform, partners will have access to a comprehensive dashboard that allows them to track the progress of their referrals in real-time, ensuring transparency and timely communication.
Interested in networking and discovering Bivial services? Talk to us!