Announcements
Optimized Payments Continue to Grow Team, Hires Payments Veteran
Optimized Payments Continue to Grow Team, Hires Payments Veteran Enterprise Clients to Benefit Atlanta, GA, August 17, 2020: Optimized Payments, a leading payments analytics and consulting firm, has hired a payments veteran, Jim Paradis, from Chase Merchant Services as one of its senior payment’s consultants. Jim will help the Company manage its growing portfolio of
August 17, 2020
Optimized Payments Hires New Chief Data Scientist
Optimized Payments, a leading payments consulting and analytics firm, has hired Fei Hou as its first chief data scientist. The new role represents the company’s commitment to extracting more relevant and timely insights from data so clients can make informed decisions. Technical expertise is Hou’s strong suit. He’s honed knowledge across coding languages like Python
July 24, 2020
AFP 2020 Session preview: Harnessing Payments Data to Gain Powerful Insights
Anand Goel, CEO of Optimized Payments, is set to speak at this year’s AFP Conference in Las Vegas. During these challenging times of social distancing, furloughs, layoffs, and working from home, it seems more critical than ever to do more with less and make data-driven decisions. The same holds true with card payments. Shifting from
June 2, 2020
Optimized Payments is hiring!
We have 3 new positions open for the right individuals. Check out our careers page to learn more about these positions and learn why Optimized Payments is a great place to work. Chargeback Product Manager Interchange Analyst Senior Tableau Developer
March 6, 2020
Anand Goel speaking at NRF 2020
Anand Goel will be speaking at NRF 2020 Vision, Retail’s Big Show on January 12th. In this session Anand will provide retailers with a framework for evaluating traditional gateways and payment switches in the marketplace along with alternative options that provide greater flexibility. To learn more about this session, click here. Date: Sunday, January 12,
December 11, 2019
Optimized Payments Consulting Rebrands as Optimized Payments
Optimized Payments Consulting Rebrands as Optimized Payments New name. New look. Analytics focused. Atlanta, GA, October 15, 2019: Optimized Payments Consulting, a leading payments consulting and analytics firm, has rebranded as Optimized Payments. The main reasons driving this rebrand are its continued focus and investment in building a technology platform for advanced payment analytics. On
October 22, 2019
Press Releases
-
Optimized Payments Continue to Grow Team, Hires Payments Veteran
Optimized Payments Continue to Grow Team, Hires Payments Veteran Enterprise Clients to Benefit Atlanta, GA, August 17, 2020: Optimized Payments, a leading payments analytics and consulting firm, has hired a payments veteran, Jim Paradis, from Chase Merchant Services as one of its senior payment’s consultants. Jim will help the Company manage its growing portfolio of
August 17, 2020 -
Optimized Payments Hires New Chief Data Scientist
Optimized Payments, a leading payments consulting and analytics firm, has hired Fei Hou as its first chief data scientist. The new role represents the company’s commitment to extracting more relevant and timely insights from data so clients can make informed decisions. Technical expertise is Hou’s strong suit. He’s honed knowledge across coding languages like Python
July 24, 2020 -
Optimized Payments Consulting Rebrands as Optimized Payments
Optimized Payments Consulting Rebrands as Optimized Payments New name. New look. Analytics focused. Atlanta, GA, October 15, 2019: Optimized Payments Consulting, a leading payments consulting and analytics firm, has rebranded as Optimized Payments. The main reasons driving this rebrand are its continued focus and investment in building a technology platform for advanced payment analytics. On
October 22, 2019 New payments expert joins OPC to solve payment pain points for merchants.
Optimized Payments Consulting welcomes new payments expert! Optimized Payments Consulting (OPC) is excited to announce and welcome Joseph Dembek as Vice President of National Accounts. Joseph has extensive experience in interchange management, chargebacks, cost management strategies and all aspects of credit card processing. Anand Goel, OPC CEO, stated, “We are excited to have Joseph join
January 10, 2018Optimized Payments to help U.S. Merchants file their potential claim for the $7.25 billion Visa and MasterCard settlement
U.S. Merchants who processed Visa and MasterCard credit and/or debit cards between January 1, 2004 and November 28, 2012 are members of $7.25 billion Visa and MasterCard settlement and will be eligible to file a claim when the settlement receives final approval. Optimized Payments Consulting has just launched an agent service to file claims on
September 26, 2013Optimized Payments Launches Online Calculator to Help U.S. Merchants estimate their potential claim value from the $7.25 billion Visa and MasterCard settlement
Last November 2012, Judge John Gleeson of the U.S. Eastern District of New York gave preliminary approval to a proposed $7.25 billion antitrust settlement claim against Visa and MasterCard. Optimized Payments Consulting has just launched a free online calculator to help merchants estimate their potential claim value along with a LinkedIn group to engage participants
May 7, 2013
Articles
Wirecard and the Curious Case of the Missing $2 billion
As COVID-19 worsens financial crisis in Europe, Wirecard, a global FinTech company based in Germany filed for insolvency after losing over $12 billion in market value after EY audit reports showed insufficient evidence of $2 billion in profit earned over a decade. Wirecard, a German payment processor and financial services provider, with over 20 years
June 26, 2020
VISA and TerraPay Partner Drive Real-Time Payments Interoperability
A global payments infrastructure company, TerraPay, and Visa announce a strategic partnership to work together to drive real-time digital remittances, interoperability, financial inclusion and drive adoption of cashless payments. Partnerships have played a vital role in Visa’s growth strategy as their collaboration with TerraPay will help boost interoperable financial services and products to push much
June 24, 2020
The Credit-Card Fees Merchants Hate, Banks Love and Consumers Pay
Cash is becoming a less preferred method of payment due to an increased dependability on credit cards, apps, and online shopping, especially during the pandemic. With the use of non-cash payments, comes increased costs for merchants in the form of high interchange fees. Interchange fees are paid to the card issuing bank and can be
June 23, 2020
Strategically Managing Card Swipe Fees
U.S. merchants will spend over $90 billion in credit card processing or swipe fees in 2019. For many organizations, swipe fees represent one of their top five operating costs. Swipe fees continue to grow not only due to an increase in card sales, but also due to increases in interchange and network fees. Just this
April 22, 2020
Guidance for Outlining your Key Payments Goals in 2020
As you are coming up with your personal resolutions for the new year, we wanted to offer some potential payments ‘resolutions’ or goals for your organization for 2020. Here are 5 key payments goals that you should tackle or start tackling in 2020: 1. Security – Encryption/Tokenization/Omni-channel Every retailer with exception of Automated Fuel Dispensers
December 19, 2019
Payments are Constantly Changing – October 2019 Regs Release Highlights
The joys of the fall season…football, beautiful weather, leaves are falling, and card brand rate changes. As the card brands tend to make their regulatory and rate changes every Spring and Fall, we like to keep you updated on many of the most significant changes, so you are prepared for the final quarter of 2019
October 22, 2019