Vyze In The News

Find out the latest news happening in retail & Vyze-ville.

Build.com leverages financing platform to increase approval rates and purchase sizes

Originally Seen in STORES NRF// Springtime is an especially good time of the year for the retail home improvement portal Build.com. Project professionals, contractors and do-it-yourselfers emerge, ready to work on remodeling projects, upgrades and ma...

The Vyze Credit Platform Delivers $458 Million in Value Over 3 Years for an Enterprise Retailer

AUSTIN, Texas–(BUSINESS WIRE)–Vyze, a leader in cloud-based financing technology solutions for retailers, today released the results of a March 2018 commissioned study conducted by Forrester Consulting entitled The Total Economic Impact...

The New Rules For Retail Credit: What Younger Shoppers Really Want In 2018

Originally Published on RetailTouchPoints//The stereotype is widespread: Younger consumers are spooked by parents’ debt misadventures, stressed by college loan repayments and leery of buying on credit, even as they endlessly document their purchase...

Vyze Introduces New eCommerce Experience That Modernizes Retail Financing

LAS VEGAS–(BUSINESS WIRE)–Shoptalk 2018 – Vyze, a leader in cloud-based financing technology solutions for retailers, today announced it has enhanced its ecommerce financing solution to help retailers deliver a superior customer experi...

Retail Credit is a Powerful Driver of Loyalty Growth

Originally Publish on Total Retail//Retaining customers and winning repeat sales has never been more important as retailers face increasing competitive pressure. This is true now more than ever, since just a few retailers control such a large share o...

Vyze Survey Finds Retail Leaders Optimistic About The State of Retail

eTail West 2018 – Palm Springs, Calif. – February 26, 2018 – Vyze, a leader in cloud-based financing technology solutions for retailers, today announced key findings from a merchant survey that illuminates the impact of credit on customer loyal...

Private-Label Credit Program Builds Customer Base for Build.com

Originally published on Total Retail //As the largest online-only home improvement retailer, Build.com regularly had customers in search of big-ticket items needed to complete home remodels and updates. The challenge for the retailer was that many ...

Vyze Extends Over $1 Billion in Purchasing Power to Consumers

AUSTIN, Texas–(BUSINESS WIRE)–Vyze, a leader in cloud-based financing technology solutions for retailers, today announced that the company has delivered over $1 billion in retail credit through its innovative financing platform. Vyze more...

Build.com Introduces Private Label Financing: Sees Ticket Sizes Triple In First Week

Retail Touch Points// December 11, 2017 –When Build.com introduced a private label financing program in November 2017, the retailer sought to entice its shoppers to spend more with a set of new credit card payment options. The new choices imp...

Consumer Financing is All the Rage

Website Magazine// November 27, 2017 –Cloud-based financing technology solution Vyze announced that Adorama, a photography, video, audio, imaging and electronics retailers (and one of the top five electronics retailers according to Consumer ...

Adorama Partners With Vyze to Debut New Consumer Financing Program

AUSTIN, Texas–(BUSINESS WIRE)–Vyze, a leader in cloud-based financing technology solutions for retailers, today announced that Adorama, one of the world’s largest photography, video, audio, imaging and electronics retailers, has launch...

Build.com Partners with Vyze for New Financing Program

AUSTIN, Texas–(BUSINESS WIRE)–Vyze, a leader in cloud-based financing technology solutions for retailers, today announced that Build.com has introduced a new full-spectrum financing program powered by the Vyze platform. The innovative ...

10 Data Points on Younger Shoppers That Matter This Holiday Season

Originally Published in Total Retail // November 7, 2017 – Move over millennials, Gen Z is taking center stage for the holidays. Pundits agree that this new generation, loosely characterized as born between 1993 and 1999, have been raised on te...

ABJ Profile: Nealon unlocks capital for consumers

Originally published in Austin Business Journal // November 2, 2017 -Access to capital is not something Keith Nealon experienced much while growing up in Ireland. “My mother and I lived in what Americans would call ‘the projects,’” said Nea...

Gen Z & Gen Y Prefer Credit Cards over Installment Plans

LOS ANGELES–(BUSINESS WIRE)–Shop.org 2017 – Vyze, a leader in cloud-based financial technology solutions for retailers, today released a new study that shows younger shoppers are not all that different from older generations when it co...

Austin Ventures leads $13 million investment in Vyze

Originally Seen in VentureBeat // August 10, 2017 —Vyze, which offers retailers a platform to connect with various lenders to increase credit approval, announced today funding of $13.1 million in a round led by Austin Ventures. New investor Fat...

ABM Content: 15 Tips for Creating Personalized Content at Scale

Originally Seen in Huffington Post // July 20, 2017 –The beauty (and curse) of account-based marketing is personalization. Personalized content obviously has a better chance of capturing attention and making people consider how you can solve th...

Holiday Season Readiness Guide for Online Retailers

Website Magazine// July 17, 2017 — Website Magazine enlisted the help of top industry insiders to get their thoughts on holiday prep. We’ve included those full Q&As below to serve as a resource over the coming months. Read more̷...

How To Give Your Shoppers More Ways To Buy

Originally Published on Twice.com// June 19. 2017– It’s already been a long year for CE retailers.There’s the proposed $1 trillion Border Adjustment Tax (BAT) currently under consideration in DC; the end of hhgregg with more than ...

Survey: Average card APR jumps to new record of 15.89 percent

Originally Publish on CreditCards.com//June 14, 2017–The national average APR for new card offers bounced to another all-time high this week, according to the CreditCards.com Weekly Credit Card Rate Report. The average card APR increased from a...

Young shoppers moving away from traditional credit cards

Fierce Retail// June 11, 2017–It seems both retailers and shoppers are moving away from traditional credit cards at checkout in favor of store cards that offer loyalty perks or financing options. Particularly among younger demographics, 52% of ...

Millennials could boost store cards

Business Insider// June 12, 2017–Store cards are poised to become an increasingly important part of the payments and financing ecosystem, according to a new study from Vyze and Ipsos. Here are a few of the key findings. Read More…...

Vyze Survey: Consumers Aware Store Cards are a Financing Option

PYMNTS.com// June 9, 2017–Vyze, a cloud-based FinTech for retailers, announced Thursday (June 8) it released its third annual Retail Credit Survey of consumer behavior, which finds consumers are increasingly aware of retail credit and store car...

Study: The most popular store credit card is…

Chain Store Age// June 8, 2017–A retailer that does nearly all of its transactions online has the most popular store credit card. Amazon wins the store card battle, ranking as the top choice among consumers with store cards (32%), followed clos...

Vyze / Ipsos Survey: Younger Shoppers Moving Away From Traditional Credit Cards; Amazon Winning Store Card Battle

JUNE 8, 2017 –AUSTIN, Texas–(BUSINESS WIRE)–Retailers and department stores are increasingly pushing shoppers to sign up for retail store cards at checkout. These cards not only increase immediate sales, but also often generate a re...

Offering a Smorgasbord of Lenders, Vyze Looks to Push up Point-of-Sale Credit Approvals

Digital Transactions// April 10, 2017–Payments providers have long recognized how extending credit can create consumer transactions where none would otherwise have occurred, but lately the idea of instant credit is gaining momentum. Read more&#...

Many Americans Avoid Store Credit Cards

LowCards.com//April 5, 2017–Nine out of ten Americans (89.4%) have been asked to apply for a credit card in a retail store, but just over half (61.2%) have applied in the store and fewer than a quarter (24.3%) have applied online, according to ...

Survey: Privacy concerns keep shoppers from applying for in-store credit

BizReport// April 4, 2017–Retailers need to do a better job of ensuring customer’s privacy in the credit sector, according to a new report. Nearly every shopper is asked if they want to open a store credit card at the checkout, and while ...

Vyze Survey Reveals US Consumer Preferences & Attitudes Around Retail Credit Online & In the Store

AUSTIN, Texas–(BUSINESS WIRE)–Vyze, a leader in cloud-based financial technology solutions for retailers, today released the results of a new survey of more than 1,000 American consumers on what matters most to them when it comes to retai...

Vyze’s Grip Narrows The Gap Between Retailers And Lenders

PYMNTS.com// March 21, 2017–Credit is the lifeblood of many an economy and consumer, and it is also crucial for retailers. Vyze, a tech firm making its home in the cloud, seeks to smooth the credit experience for consumer and retailer, benefit...

Vyze Showcases Enhanced Omnichannel Retail Financing Platform at Shoptalk 2017

LAS VEGAS–(BUSINESS WIRE)–Vyze, a leader in cloud-based financial technology solutions for retailers, today unveiled its enhanced omnichannel platform that allows retailers to offer financing to all of their customers, across every touchp...

When Small Payments Mean Big Sales

Internet Retailer// March 1, 2017–Don’t send shoppers off the checkout page. That’s the golden rule of e-commerce. Ryan Dunkley, vice president of marketing at ICON Health and Fitness Inc., the owner of NordicTrack, chose credit lending tec...

Vyze Launches Industry’s First Financing Platform Calculator for Retailers

PALM SPRINGS, Calif.–(BUSINESS WIRE)–Vyze, a leader in cloud-based financial technology solutions for retailers and manufacturers, today debuted the new Vyze Platform Impact Calculator. The interactive tool provides retailers with a high-...

What’s Next in Payments & Commerce

PYMNTS.com// February 16, 2017- The year 2016 is but a memory, fleeting, and for some, dimly lit, as the payments world experienced change and upheaval. As digital payments gained ground, banks and FinTechs collaborated and online lenders rode the r...

Vyze Adds Zibby to Lending Platform to Deliver New Financing Options at the Point of Sale

AUSTIN, Texas–(BUSINESS WIRE)–Vyze, a leader in cloud-based financing technology solutions for retailers and manufacturers, today announced that Zibby has joined the Vyze lending platform. Retailers using Vyze can now choose to extend Zib...

Vyze Named Finalist in Austin Inno’s Tech Madness

Austin Inno//February 1, 2017–It’s in the spirit of growth that we put together Tech Madness. Tech Madness is a peer-driven competition in the spirit of NCAA basketball’s March Madness. It seeks to identify which companies the Austi...

Making The Supply And The Demand Match In Consumer Financing

PYMNTS// January 31, 2017–Among the biggest challenges to doing something new — particularly in retail — is overcoming the mountain known as “what has already been done.” Because whatever it is that is already being done has a lot going...

Vyze Webinar Panel Provides Inside Track on Top Retail Financing Trends That Will Shape 2017

AUSTIN, Texas–(BUSINESS WIRE)–Vyze, a leader in cloud-based financial technology solutions for retailers and manufacturers, today announced it will host a new webinar titled The State of Retail Lending in 2017 on Wednesday, February 8 a...

Vyze Doubled Its Financing Volume Last Year

PYMNTS.com// January 26, 2017–Vyze, a cloud-based financial technology company for retailers and manufacturers, announced Wednesday (Jan. 25) that it continues to grow its financing platform that provides consumers with access to capital. Read ...

Vyze Delivers Over $500 Million in Purchasing Power to Consumers

AUSTIN, Texas–(BUSINESS WIRE)–Vyze, a leader in cloud-based financial technology solutions for retailers and manufacturers, today announced that momentum continues to accelerate for the company’s innovative financing platform that provi...

Making a Match

NATIONAL RETAIL FEDERATION// January 10, 2017–As a seller of home furniture, appliances and electronics, ABC Warehouse finds a lot of customers need financing to afford the high-ticket items. Several years ago, the company switched to a system...

20 Hot Austin Startups to Watch in 2017

SILICON HILLS NEWS// January 8, 2017–For the past six years, we’ve watched numerous Austin technology startups launch and go on to achieve great feats.This year, we’ve highlighted 20 that we think will make some big moves in 2017. Read more...

Vyze Helps ICON Health & Fitness Expand Financing to eCommerce

AUSTIN, Texas, December 14, 2016 –Vyze, a leader in cloud-based financial technology solutions for retailers and manufacturers, is proud to expand its relationship with ICON Health & Fitness, the world’s largest manufacturer and distributor ...

A Conversation with Keith Nealon, CEO of Vyze

FIRST ANNAPOLIS CONSULTING–NAVIGATOR–We recently spoke with Keith Nealon, CEO of Vyze. In this Q&A format we discuss the priorities and strategic approach for Vyze in consumer-financing, third-party platforms, and the evolution of com...

Vyze Bolsters Management with Seasoned Retail Executive Jai Holtz

AUSTIN, Texas, November 14, 2016 – Vyze, a leader in cloud-based financial technology for retailers and lenders, announced today that Jai Holtz has joined the company as Vice President of Strategic Retail Services. Holtz joins Vyze after more tha...

Tech Round Up: Vyze Names New VP of Sales

AUSTIN, TX–(BuiltIn, Oct 13, 2016) -The company providing businesses with technology, financing partners and support, Vyze, welcomed a new VP of sales with the hiring of Matt Riley. Read more…...

Vyze Announces New Senior VP of Sales

AUSTIN, TX–(Marketwired – Oct 11, 2016) – Vyze, a leader in cloud-based financial technology for retailers and lenders, announced today that Matthew Riley has joined the company as the Senior Vice President of Sales. Read more…...

14 Austin Startups to Watch Out for in 2017

AUSTIN, Texas, October 5, 2016 /–With growth rates of 81.2 percent this year’s Kauffman Growth Entrepreneurship Index puts Austin as the second fastest growing city in America, as well as the best place to start a small business. Here’s a ...

New VP of Product Joins Vyze

AUSTIN, Texas, August 11, 2016 /–Vyze, a leader in cloud-based financing technology for retailers and manufacturer brands, announced today that Azim Panjwani has joined the company as the vice president of product management. Panjwani brings...

Vyze Launches New Content Platform to Deliver Insights, Strategies for Retail and eCommerce Executives

AUSTIN, Texas, July 26, 2016 /PRNewswire/ — Vyze today announced the launch of its new content platform, Growth Engine.Growth Engine will help leaders in retail, manufacturing and ecommerce discover new ways to spur growth in dynamic environmen...

Bridging the Financing Gap: Offering More Payment Options

Loyalty 360 | July 1, 2016–When making such major life purchases as houses and cars, consumers usually have access to financing. But what happens when they seek flexible payment options for other high-ticket items?  Read more…...

Why offering more payment options should be a priority for retailers

June 29, 2016–When making such major life purchases as houses and cars, consumers usually have access to financing. But what happens when they seek flexible payment options for other high-ticket items? Today, most retailers don’t offer f...

Vyze Announces New Chief Financial Officer

AUSTIN, Texas, June 16, 2016 /PRNewswire/ — Vyze, a leader in financial technology solutions, is pleased to announce that John Whitmarsh has joined the company as Chief Financial Officer (CFO). Whitmarsh brings over 20 years of financial manag...

Vyze Picks Up Another $13 Million

Built in Austin | June 3, 2016–Austin-based fintech company Vyze has raised a $13 million Series B.  The round was led by Austin Ventures and StarVest Partners and will enable the company to expand into additional markets and product lines...

How Financing Options Work in eCommerce and Retail

I had the pleasure of speaking with Keith Nealon, CEO of Vyze based in Austin, TX. Vyze is a technology company that delivers financing options for brands, in every channel and for different customer segments. We’ve seen the optional financing ...

72 Startups Transforming Brick-And-Mortar Retail

Transforming bricks-and-mortar shopping is a high-stakes endeavor for retailers given Americans still do over 90% of our shopping in physical stores. In fact, one of the latest trends in retail is the launch of physical stores by online e-commerce co...

Vyze Raises Additional $13 Million in Funding

AUSTIN, TX, June 2, 2016 – Vyze, a leading technology provider of financing solutions at point of sale, has raised an additional $13 million in capital, allowing the company to expand into additional markets and product lines. Led by Austin Venture...

Retailers’ limited financing offerings hamper sales growth, customer retention

AUSTIN, Texas, May 17, 2016 /PRNewswire/ — Through research conducted and compiled among consumers, retailers and other major brands, financial technology leader Vyze has identified a “Financing Gap” between consumer desires and ret...

Vyze Announces New Chief Executive Officer

AUSTIN, TX – April 28, 2016 — Financing technology leader Vyze is pleased to introduce Keith Nealon as the company’s new chief executive officer. In his new role, Nealon will draw on twenty years of experience with high-growth pu...

Austin’s NewComLink changes name and adds partnerships

AUSTIN, TX—April 22, 2016—Austin software firm NewComLink has changed its name to Vyze and broadened its financial partnerships. Vyze’s software helps retailers save sales by providing customers with financing alternatives at the register ...

Software maker NewComLink rebrands as Vyze

AUSTIN, TX—April 20, 2016—Software maker NewComLink Inc. has rebranded itself as Vyze Inc. The Austin company said Wednesday the change was being made in tandem with its move to add new lending partnerships to provide financing to consumers. It ...

FinTech Innovations, New Partnerships Complete Vyze Company Transformation

AUSTIN, TX—April 19, 2016—Vyze, a leading technology provider of financing solutions at point of purchase, has significantly expanded its capabilities and launched several new strategic partnerships to provide retailers and manufacturers with mo...

Gamers May Prove a Fertile Audience for Digital Financing

Video games have long been supportive of new payment systems, in part because many games cater to an audience that may be too young to have a traditional bank account or credit card. But can gamers also be a good target market for financing? The Aus...

Study: Financing Programs May Not Be Meeting Consumer Needs

AUSTIN, TX—November 3, 2015—While many consumers are interested in using merchant-offered financing, financing programs may not be providing the features and options consumers want and need, according to a new study. The Merchant Financing: Cons...

NewComLink, Sony Partner on Innovative Financing Solution

AUSTIN, TX—October 22, 2015—Sony and NewComLink have launched a new program that will make it easier for gamers, especially Millennials, to purchase a Sony PlayStation 4. Using NewComLink’s simple financing platform, the program allows consume...

NCL Featured in NRF’s STORES Magazine

NewComLink was recently featured in the September 2015 issue of NRF’s STORES Magazine. Learn how our customer, BrandsMart, improved the in-store application experience and is capturing lost sales by leveraging the NCL POS integration lending ...

Survey: Retailers Reveal Secondary Financing Wish List

AUSTIN, TX—June 02, 2015— Retailers are increasingly in favor of offering secondary financing products, but they want better solutions, according to a new survey. The first Retail Financing Survey interviewed financing decision makers at 10 mid-...

Study: Gen Y Consumers Want Retail Financing Options

Gen Y consumers, whose annual spending power is estimated at $200 billion, prefer to shop at retailers that offer financing options, according to a new study. An eNation study of more than 2,000 consumers, commissioned by financial technology compan...

Austin-Based NewComLink’s Terence Spielman Named CTO of the Year

AUSTIN, TX—Oct. 16, 2014—Terence Spielman, Chief Technology Officer with NewComLink (NCL), has been named Chief Technology Officer of the Year by the Austin chapter of the Association of Information Technology Professionals. Spielman was honored...

High Tech Retail Credit Systems Gaining Ground

Jay McIntosh, Furniture Today – August 18th, 2014 HIGH POINT — High-tech options are available these days for processing consumer credit applications, and more stores are using them. Among the advantages: Today’s systems can quickly handle wha...

BrandsMart Launches the NewComLink Financing Platform

FORT LAUDERDALE, FL – March 18, 2014 – BrandsMart USA, a leading consumer electronics and appliance retailer, today announced that they have integrated the NewComLink financing platform in their retail stores. “Our success is based on providin...

Filak new CMO for NewComLink

AUSTIN, Texas — Douglas Filak, former head of marketing for PayPal is NewComLink’s new chief marketing officer, a newly created position. In this role, Filak is responsible for developing marketing, communications and branding strategy for the r...

Experts offer keys to having proper financial tools in place

NAPLES, Fla. – Often a great idea combined with an intelligent strategy and strong execution can make for a successful business. But three financial experts speaking at Furniture Today’s annual leadership conference here noted that the best laid...

NewComLink Versatile partner for secondary financing

AUSTIN, Texas – NewComLink has partnered with information technology services firm Versatile Systems to offer NCL’s secondary financing through Versatile’s in-store customer self-service system.  Read more......

About Vyze

Vyze is a leading financial technology company for businesses. By combining a comprehensive lending supply, technology, and support under one roof, Vyze is able to deliver businesses simpler, more satisfying financing experiences for their customers, wherever they shop.

 

 

Media Contact:

Renee Newby

Brady PR

757-651-6554

renee@bradypr.com

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