Safecharge International Group Live Discussion

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gretel 12 Apr 2018

News of a new customer win [link] 11, 2018 Blue Panorama Airlines takes off with SafeCharge’s Payments technologySafeCharge (AIM: SCH), a leading payments technology company, has been selected as a new payment partner by Blue Panorama Airlines, an Italian based airline fully-owned by The Uvet Group. SafeCharge’s Payments Engine is an end-to-end platform providing a smart and direct connection to Visa and MasterCard. For airlines, this all-in-one service is particularly attractive as it enables the implementation of automated payment routing logic, access to detailed data insights and optimal payments success.Blue Panorama Airlines provides both domestic and international flights to more than one and a half million customers, specialising in flights between Italy and Europe, Africa and the Caribbean, both to tour operators and direct to customers. It also offers low-cost short haul flights through its Blue-Express brand. One of the challenges the airline faced was the ability to accept payments across multiple channels. SafeCharge addresses this challenge by providing cross-channel payment processing to customers that purchase flights through various channels such as travel agencies, via the website, and through dedicated call centres.Fraud protection was another key focus area for Blue Panorama Airlines. Fraud checking is a very important component of a successful payment strategy since airlines and other travel providers carry the risk of large transactions over a considerable time period. SafeCharge’s fraud prevention solution supports specific needs and configurations for the airline industry. High risk transactions are redirected to SafeCharge’s Dynamic 3D Secure solution for additional checks. SafeCharge’s dedicated risk management team collaborates closely with Blue Panorama Airlines to continuously improve screening rules and assist in manual reviews directly or via the SafeCharge Merchant Risk Support Interface........SafeCharge is already working with El Al Airlines and several other OTAs globally. The company is rapidly expanding in the travel sector, bringing customised cross-channel payment processing and risk management offerings to the industry.etc"

gretel 09 Apr 2018

SCSW very bullish on SCH Positive update on the results in this weekend's issue of SCSW, concluding that "improving momentum supports an imminent breakout on the charts".

gretel 22 Mar 2018

Canaccord: Buy with 380p target Canaccord have reiterated their Buy and 380p target....[link]

gretel 19 Mar 2018

Buy tip in the IC Tipped in the IC as follows (and it doesn't even mention the $108m cash pile):"Payments services group Safecharge (SCH) reported impressive transaction growth in 2017, with numbers up 38 per cent to 174m, while the total value of transactions increased 19 per cent to $9.64bn (£6.9bn). Around 30 per cent was attributable to Safecharge Acquiring, the company’s dedicated platform, which allows for the processing of credit or debit card payments on behalf of a merchant without the need of a financial institution.Increased operating costs ate into statutory profits, but if growth came at a cost it hasn’t started to drag on the balance sheet. Cash balances contracted slightly, but this is set against an improved cash conversion rate, up six percentage points to a healthy 83 per cent. The group’s strategy of increasing its foothold within high-quality 'tier 1' customers looks to be paying off. In the period it launched services for 888 (888), Plus 500 (PLUS), Paddy Power (PPB) and others. It also won new customers from a range of areas such as gaming, airlines and ride sharing, the services for which will be launched in 2018.Analysts at Shore Capital are forecasting adjusted pre-tax profit of $31.4m, giving EPS of 18.3¢ in 2018 (from $29.2m and 17.8¢ in 2017).IC ViewThe payments specialist is trading on an enterprise/cash profit multiple of 13, which is in advance of its historic relationship to the sector. But, given the rapid growth in transactions, cash generative nature of the business, and blue-chip clients, we see further upside ahead. Buy."

gretel 14 Mar 2018

Re: Very bullish outlook in results Nice write-up on the results:[link] "Safecharge£450m market cap SafeCharge International Group (LSE: SCH) is a UK-based payment services provider. The company provides these services to a blue-chip client base all around the world, with its proprietary payment platform connecting directly to all major card schemes including Visa, MasterCard and American Express. Reporting full-year numbers for 2017 this morning, the company revealed that it processed 174m transactions last year, a 38% increase on 2016. This pushed revenues up a healthy 7% to $111.7m, although diluted earnings per share fell 9% to 15.8 cents on the back of larger employee-related and restructuring costs. Turning to the dividend, SafeCharge operates a policy whereby it pays out 75% of adjusted EBITDA, as long as there is no material M&A activity. As a result, the company has this morning announced a full-year payout of 16.9 cents per share, a yield of 4% at the current share price. That now marks three consecutive dividend increases since the firm paid its first distribution in 2014. In this time, the payout has grown over 100%. Can investors expect more dividend growth going forward? As it stands, City analysts currently forecast a payout of 21 cents per share for 2018. At today’s share price, that equates to a yield of 5%. However, analysts’ forecasts can be a little inaccurate sometimes, so I’d approach that estimate with an element of caution. For example, today’s 16.9 cent dividend is around 11% below what analysts had pencilled in for 2017. Nonetheless, with CEO David Avgi commenting this morning that “we remain confident that our focus on higher quality revenues driven by a healthy sales pipeline will yield profitable revenue growth in 2018 and beyond,” the outlook here does look positive, in my view."

gretel 14 Mar 2018

Very bullish outlook in results 2017 was a year of consolidation as already known, with adjusted EPITDA today at the higher end of expectations.Lovely 16.89c dividend. And SCH's cash pile has increased to $108m.Most importantly, the outlook for this year is excellent:"Building on the record revenues and transaction processing volumes achieved in Q4 2017, the Group has made an excellent start to 2018 with a strong sales pipeline in both existing and new verticals. Transaction volumes continue to grow with volume exceeding US$ 1 billion for the first time in December 2017 and with very strong growth in the value of transactions processed through SafeCharge Acquiring." And:"The Directors look forward with confidence to 2018 and beyond.The Board is issuing guidance for 2018 with revenues expected to be in the range of US$125m to US$130m, and Adjusted EBITDA1 between US$36m and US$38m. This will be driven by continued growth from our existing client base and new customers due to start processing in 2018."

gretel 13 Mar 2018

Berenberg: Buy with 350p target Berenberg today reiterate their Buy and 350p target:[link] the consolidation looks like it's getting ready for a break upwards.

gretel 07 Feb 2018

New product launch [link] launches Reconciliation ManagerSafeCharge (LON: SCH), a leading payments technology company, has today at ICE 2018, launched SafeCharge Reconciliation Manager, a new solution for businesses to automate the matching of transactions across all their payment service providers, merchant platforms and banks. consolidating and automating the reconciliation process with SafeCharge Reconciliation Manager, businesses in any industry can benefit from increased control, reporting accuracy and retrieval of revenues from incorrect reconciliation. Reconciliation of incoming payments against bank accounts is a complex process, made even more challenging when a business relies upon multiple payment providers, payment matching and fee-verifications. Transaction data which is not monitored properly can lead to lost revenues, customer disputes and audits picking up bookkeeping errors. To address this complexity, SafeCharge Reconciliation Manager automates and simplifies the monitoring process. Guido Murguia, CFO at Caliente Interactive, a SafeCharge Reconciliation Manager user, explains, “implementing SafeCharge’s Reconciliation Manager Solution, we have been able to recover significant revenues that would have otherwise been lost. Through careful monitoring of transactions across multiple payments providers, platforms and bank accounts, SafeCharge identified inconsistencies and addressed these outstanding transactions until all funds were reconciled. Through SafeCharge’s transparent and accurate reporting, we have a snapshot of our financial position at all times allowing us to have more control over fees, deposits, withdrawals, account balances and chargebacks.”SafeCharge Reconciliation Manager has been developed to automatically reconcile settlements across multiple providers with businesses bank accounts, ensuring that the correct amounts are received without delay. When a mismatched transaction is flagged, the SafeCharge Reconciliation team contacts the relevant provider and bank to immediately rectify the situation. For businesses, using SafeCharge Reconciliation Manager eliminates the need for extensive in-house finance resources, minimises financial loss exposure, and provides a single focal point that covers all financial aspects. “For businesses with multiple payment partners, SafeCharge Reconciliation Manager is the ideal solution to streamline all reporting into a single unified overview, to ensure that all payments have been received correctly and that processing fees are in line with related service contracts,” explained David Avgi, CEO, SafeCharge. “We are saving our customers thousands of dollars in revenue and putting them back in control of their payments.”

gretel 18 Jan 2018

Very confident trading statement What an excellent trading statement - the confidence going forward is obvious.....[link] trading update and Notice of results SafeCharge (AIM: SCH), a leader in advanced payment technologies, provides the following pre-close trading update for the year ended 31 December 2017.The Group generated record revenues and transaction processing volumes in Q4, with the latter exceeding US$ 1 billion for the first time in December. This excellent Q4 performance followed a strong performance during Q3. The Company expects that its results for the full year will be in line with market expectations, with revenues for 2017 in the range of US$111-112 million and Adjusted EBITDA* in the range of US$33-34 million. The Board reiterates its view that the full year dividend will total 75% of Adjusted EBITDA* for the period.With robust current trading, a strong sales pipeline and new clients set to join the platform, the Directors look forward with confidence to the 2018 financial year. Notice of results The Company will announce its results for the year ended 31 December 2017 on 14 March 2018."

gretel 15 Jan 2018

RNS: new UK payments license Good news:[link] Granted Payment Institution License by the FCASafeCharge (AIM: SCH), a leader in advanced payment technologies, today announces that its wholly owned UK subsidiary, SafeCharge Financial Services Limited, has been authorised by the Financial Conduct Authority (the "FCA" as a Payment Institution. This in in addition to SafeCharge Limited's existing authorisation as a European Electronic Money Institution. The authorisation will allow SafeCharge Financial Services Limited to provide payments services in the UK in accordance with the Payment Services Regulations. It will enable SafeCharge to continue expanding its services portfolio to its existing client base and to new clients, as well as future proofing the business post Brexit and potential changes to the passporting rules. David Avgi, CEO of SafeCharge, commented:"Obtaining the Payment Institution license from the FCA fulfils one of our central objectives, as outlined in our strategy. It is also an independent endorsement of our best practices in Risk management, KYC, AML and Compliance and is testament to our high operational standards. Our merchants now have the additional validation and confidence provided by the FCA authorisation.This license places SafeCharge in a key position to capitalise on the expansion of its business and services in the UK market and other EEA members."

gretel 15 Jan 2018

Re: RNS: new sports betting partnership Oops - wrong thread! Should be on the GAN thread, apologies.....

gretel 15 Jan 2018

RNS: new sports betting partnership Good news today - SBTECH "is the leading B2B supplier to the online betting and gaming industry in regulated markets worldwide":[link] announces SBTECH as a Strategic Partner for US Sports BettingLondon & Dublin | January 15, 2018: GAN plc ("GAN" or the "Company" a leading B2B supplier of Internet gaming enterprise software-as-a-service solutions to the US land-based casino Industry, today announces a strategic relationship with SBTECH to serve real money sports betting to GAN's diverse US casino operator clients ("Clients". Integrated with GAN's GameSTACKâ„¢ enterprise software platform, SBTECH's sports betting solution is anticipated to be delivered to selected Clients' end users engaging via both the Internet and retail channels. GAN's Clients together represent more than seventy casino properties located coast-to-coast generating in excess of $8bn in land-based casino gaming revenues annually.This strategic partnership positions both GAN and SBTECH in the event the Supreme Court of the United States ("SCOTUS" overturns or otherwise modifies the current Federal US prohibition on sports betting enshrined with the Professional and Amateur Sports Protection Act 1992 ("PASPA". SBTECH is a leading European B2B provider of sports wagering technology and related managed services including sports trading, odds compilation and risk management. Management Commentary Dermot Smurfit, CEO of GAN commented: "GAN has been asked by several Clients to review, procure and support the delivery of a sports betting solution both online and in the on-property retail channel in the event PASPA is overturned. We have conducted a lengthy diligence process in Europe to identify a preferred sports betting partner based on their technical capability, US licensing suitability, ability to integrate seamlessly with GAN's enterprise software platform and the sophistication of their managed sports services. We are delighted to announce this strategic relationship with SBTECH." Richard Carter, CEO for SBTECH commented: "GAN is a licensed, trusted partner to more than a dozen US casino operators equipped with unique intellectual property and a proven track record in delivering and growing Internet gaming businesses in the United States. This partnership is logical for SBTECH and permits SBTECH to rapidly introduce its sports betting technology and services to a wide range of US casinos with a view to being the first to settle a US sports bet online and on-property in States such as New Jersey and Pennsylvania, in close collaboration with GAN."

gretel 03 Jan 2018

Bryan Garnier initiate: Buy with 354p target Excellent news - initiation of coverage today with a Buy and a 354p target. I like the sound of the potential acquisitions....Bryan Garnier are "a leading European independent investment bank focused on growth sectors":"SafeCharge Looks Like a 'Fledgling Wirecard': Bryan Garnier0843 GMT - SafeCharge's expansion beyond its previous customer base of gambling companies should see the payment-services company attract more investor interest, according to Bryan Garnier. The investment bank said SafeCharge is beginning a phase of expansion and diversification, which is likely to include European acquisitions. This potential expansion leaves it looking like a "fledgling" peer to German payment and financial services company Wirecard, added Bryan Garnier, which initiates coverage of the stock with a buy rating and fair value estimate of 354 pence."

gretel 28 Dec 2017

New article in Telegraph re WeChat and SCH New article in the Telegraph about WeChat coming to the UK via SCH:[link] "Chinese mobile payment offering WeChat is coming to a place near you as visitors are now able to open digital wallets in Britain" "And starting last month Chinese visitors have been able to buy goods with the mobile payment platform WeChat Pay. Camden Market is a sharp contrast to luxury shopping hot spots such as Bicester Village and Oxford Street, where Chinese tourists spend millions of pounds each year. It may not seem to be the obvious choice for the launch in Britain of WeChat’s hugely popular digital wallet, which accounts for 40 per cent of the Chinese mobile payment market. However, the number of Chinese visitors to Camden is climbing, 10 per cent of its visitors being Chinese in March, double what it was six months earlier.“In terms of demographics, the number of Chinese tourists in Camden is certainly growing, and in terms of a brand, Camden was an obvious choice,” said Craig Jacoby, head of retail payments at SafeCharge. “It’s iconic in London.”During the four months from November, SafeCharge will provide more than 1,000 Camden Market vendors with a software update that enables in-store payment terminals to generate QR codes and perform WeChat Pay transactions. Chinese tourists spent £513 million in Britain last year, the tourism authority VisitBritain says . Camden Market's management wants to better accommodate those big-spending visitors. Mr Jacoby said WeChat Pay will soon be available at other shopping locations in London, and the service is also launching at six large retailers in Paris as WeChat moves forward with its international expansion." "David Avgi , the chief executive of SafeCharge, said that in general there is great motivation to accommodate Chinese consumers in Europe, where half the luxury purchases are made by Asian tourists. It a matter of time before the mobile payment systems that are ubiquitous in China catch on in the West, he said.WeChat has worked with SafeCharge, the British payment technology company, to make WeChat Pay available at point-of sale locations in Britain for the first time."

gretel 14 Dec 2017

News: partnership with Salesforce Excellent news - a new product and a tie-up with the giant that is Salesforce should bring in good new business.[link] 14, 2017 SafeCharge Announces New Integration Plugin with Salesforce Commerce CloudSafeCharge, a leader in advanced payment technologies, today announced the launch of SafeCharge’s Plugin for Salesforce Commerce Cloud, the fastest path to unified commerce. Commerce Cloud enables brands to provide personalized experiences for shoppers that span web, mobile, social and in-store. And now, as part of the world’s #1 CRM platform – Salesforce – brands can deliver unified experiences for customers that extend beyond commerce to include marketing, customer service and more.SafeCharge’s integration empowers Commerce Cloud customers to accept payments safely and securely through SafeCharge’s Hosted Check-out and Merchant Direct solutions.SafeCharge’s Hosted Check-out solution allows merchants to accept all relevant payment options via ready-to-use check-out pages which can be easily configured by merchants to fit their brand.SafeCharge’s Merchant Direct solution connects directly to the SafeCharge Payments Engine and offers full flexibility for merchants to accept credit card payments on their websites.This integration offers the following benefits:•Ready-to-use hosted check-out pages or direct integration with website pages•Advanced risk and fraud management tools•The availability of more than 150 payment methods and 100 currencies•One-click payments for returning visitors (for both cards and alternative payments)•Dynamic 3D Secure (only routing higher risk transactions for 3D authentication)•Responsive design to support mobile and tablet as well•Descoping of PCI complianceComments on the News“We are very excited to release our Plugin for businesses using Salesforce Commerce Cloud” said David Avgi, CEO, SafeCharge. “This partnership gives businesses working with Salesforce Commerce Cloud access to some of the latest payment and risk technology endorsed by the world’s most demanding businesses. Merchants utilizing SafeCharge’s solutions benefit from maximum uptime, the highest conversion rates and advanced fraud protection.”“Creating personalized, omnichannel experiences is now more important than ever for brands,” said Kori O’Brien, SVP, ISV Sales, Salesforce. “leveraging the power of Commerce Cloud and the new integration from SafeCharge, businesses will benefit from access to some of the most advanced payments and fraud prevention platform enabling them to boost growth.”

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