Awards & Recognition
2020 Digital Wallet Innovation Award for Merchant Experience
VELA is one of the first offerings that can offer merchants a single connection for all their payment and transaction processing requirements.
Aite Group is a global research and advisory firm delivering comprehensive, actionable advice on business, technology, and regulatory issues and their impact on the financial services industry. With expertise in banking, payments, insurance, wealth management, and the capital markets, they guide financial institutions, technology providers, and consulting firms worldwide. Aite Group solicited nominations for its 2020 Impact Innovation Awards in Digital Wallets from March to May 2020. All nominated initiatives were required to be in production.
The complexity of the payment space and the demands for new functionality makes it difficult for a merchant to efficiently manage their payment resources. VELA provides a true “one-stop shop” where a merchant of any size can manage all of their payment transaction requirements in one place.
As space continues to evolve, new complexity is being created. QR codes are now becoming a viable alternative to a card-based payment in North America and Europe, Additional regulations are being implemented in Europe and several other markets, new risk abatement and fraud mitigation tools are being launched, and commerce is going global. Add to that the complexity created by the COVID-19 pandemic and simplicity becomes a strategic necessity. VELA is the “Swiss Army Knife” for a merchant trying to manage their payment activities.
2020 FinTech Breakthrough Award
Prestigious Awards Program Recognizes Outstanding Financial Technology Products and Companies
FinTech Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies, and products in the global FinTech market, today announced that Datum Software, a global leader in enterprise architecture, SOA, Application Optimizations, along with Project and Program management, has been selected as the winner of the "B2B Payments Innovation Award" for VELA.
