Game Changers issue 37

Page 34

Verv STAVROS PSYLLOS

It’s no secret that the financial space has been under siege from financial technology disruptors for the better part of the last decade. While any other industry would have suffered from saturation, redefining the banking and payments sector seems to only be hitting its peak. Today we will look at Verv, Financial Services Suite – a platform with white-label availability, and how it’s riding the FinTech wave.

What does Verv do? Verv provides opportunities to businesses of all sizes to spread their wings and access the same resources and options that have traditionally been available to the big corporations. With Verv’s Corporate Business Accounts you can set service fees and instantly settle payments (SEPA, SWIFT). These services are available to businesses operating in the EU (European Union), EEA and the United Kingdom. Furthermore, Verv offers a unique Expense Management infrastructure for handling, processing, paying, and auditing employee-initiated expenses. In today’s competitive business landscape, the last thing you want is to be spending time trying to organize and calculate internal expenses.

GAME CHANGERS Issue #37

Verv helps you automate that process and focus on acquiring customers and improving your revenuegenerating operations. From accounting integrations, and online filing for employees, you can enjoy a realtime view of your company’s spending and be in total control of your company’s finances. The same logic applies to payroll. You can automate the entire process and cut costs, effort, and time by issuing branded cards and paying employees’ salaries straight to their cards. This not only simplifies the payroll process, but it gives employees a boost in their productivity and morale.

A few words about Stavros Psyllos To help you contextualize Verv’s solution, the thinking behind it and where it sits in the market, it’s important to give you some background information on Verv’s Project Architect, Stavros Psyllos. Stavros boasts a long and rich career in the financial services sector and extended business sphere. He has held management and director positions in many companies throughout the years, building a unique mix of practical and managerial experience. His business acumen and understanding of the shift in the


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