|04 July, 2019

Verrency appoints Shezan Amiji to Global Advisory Board

Mr. Amiji co-founded Beam Wallet, a leading mobile wallet, payments and rewards app.

Verrency appoints Shezan Amiji to Global Advisory Board

DUBAI, United Arab Emirates--(BUSINESS WIRE/AETOSWire)-- Global payment innovation company Verrency today announced the appointment of Shezan Amiji, a seasoned entrepreneur, to its global advisory board. Mr. Amiji co-founded Beam Wallet, a leading mobile wallet, payments and rewards app. The UAE operations of Beam Wallet were acquired in 2018 by Majid Al Futtaim Holdings, the largest retail conglomerate in the Middle East and Africa.

“Verrency is a company I have long admired – a true innovator driving huge opportunities for banks and other card issuers in the global payments sector,” said Mr. Amiji. “I’m thrilled to be joining the advisory board and look forward to helping David and his talented team transform how banks deliver experience-led banking in an increasingly digital and mobile world. The problem that Verrency solves - how to drive payments-related innovation rapidly across existing legacy systems & portfolios - exists in almost every bank around the world. And what it enables in the loyalty and rewards space is nothing short of ground-breaking.”

“Shezan’s experience in building Beam Wallet and his unique understanding of consumer behaviour, loyalty & rewards analytics will be tremendous assets as we look to expand the delivery of our patented API platform and marketplace products and services,” said David Link, Verrency Founder and CEO. “The Middle East is an important growth market for us and adding an executive of Shezan’s calibre to our advisory board provides us with valuable experience and insight as we look to expand in that region – and around the world.”

Verrency’s platform fits on top of a bank’s, processor’s or wallet’s existing infrastructure, opening the door for banks and card issuers to deliver enhanced features without changing their existing technology or migrating portfolios. The company has recently announced agreements with a number of major financial institutions around the world, including UAE-based Emirates NBD, Colombia’s Banco Davivienda and Australia's Volt Bank, among others.

Prior to Beam Wallet, Mr. Amiji founded EcoVentures, the Middle East’s first Greenhouse Gas reduction and management firm. He also established the first tabloid newspaper in the Middle East, 7DAYS, which he later sold to the Daily Mail and General Trust.

Mr. Amiji holds an MA (Oxon) from the University of Oxford in Politics, Philosophy and Economics and a MBA from the Wharton School of Business, University of Pennsylvania.

About Verrency

Verrency puts card issuing financial institutions back at the centre of innovation. Verrency's payments innovation platform helps issuers to acquire and retain customers and increase card spend while increasing security, control and connectability. Verrency works behind the scenes to enable an ever-increasing range of value-added services for an issuer's customers quickly and easily without major changes to existing payments infrastructure or the need to integrate to point-of-sale systems. Verrency also enables rapid connection to third-party services via its FinTech marketplace with little to no integration. For more information, see www.verrency.com.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190702005731/en/ 

*Source: AETOSWire

Media contacts  
Ron Low  
Sard Verbinnen & Co  
+852 3842 2200

Matilda Middleton  
Sard Verbinnen & Co  
+852 3842 2200

Danya Al-Qattan  
Sard Verbinnen & Co  
+1 212 687 8080

Jonathan Costello  
+61 424 096 770

View this news release and multimedia online at: 

© Press Release 2019

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.

More From Press Releases