Company:IP Payments

From HandWiki

Bambora
TypePrivate
IndustryFinancial services
FoundedMelbourne, VIC, Australia (2004)
FoundersJamie Collins
Mark Lewis
Anthony Fulton
HeadquartersSydney, NSW, Australia
ParentIngenico
Websitewww.bambora.com

Bambora, formerly IP Payments, is a PCI Level 1 compliant financial services organisation that provides payments, accounts receivable automation and PCI DSS compliance solutions.[1] IP Payments operates in Australia , New Zealand and the United Kingdom .
IP Payments is listed on the Asia Pacific Deloitte Fast 500.[2]

History

IP Payments was founded in 2004[3] by Jamie Collins, Mark Lewis and Anthony Fulton. The company provides customised accounts receivable, payments and PCI DSS compliance solutions. The company services over 3500 enterprises including global organisations.[4]

In August 2015, IP Payments was acquired by Swedish payments group Bambora,[5] which had been founded by Johan Tjärnberg the previous year.[6] Two years later, Bambora was acquired by Ingenico Group of France,[7] which subsequently merged with Worldline in late 2020.[8]

Services

Bambora offers services which customise and automate existing account receivables operations, including third-party software the client might use, as well as merchant level 1 PCI DSS compliance solutions and payment gateways to clients who process credit card transactions.[4]

Bambora services include multiple payment methods (credit card, charge card, direct debit, direct credit, BPay and Over-the-Counter) across multiple payment channels (Internet, mobile, PS3, call centre, batch and recurring) utilising multiple payment types (purchase, refund, pre-auth and completion).[9]

In September 2012, Bambora (then IP Payments) released a study of PCI compliance in Australia[10]

Awards and mentions

  • 2012 Deloitte Asia Pacific Fast 500[11]
  • 2012 Deloitte Australia Fast 50[12]
  • 2011 Deloitte Asia Pacific Fast 500[13]
  • 2011 Deloitte Australia Fast 50[14]
  • 2010 Deloitte Australia Fast 50[15]
  • 2010 Asia Pacific ICT Award (APICTA) - "Most Innovative Financial Industry Application"[16]
  • 2010 iAwards - Financial Industry Application sponsored by KPMG[16]
  • 2009 Deloitte Asia Pacific Fast 500[17]
  • 2008 Listed in MIS Strategic 100[16]
  • 2008 Deloitte Asia Pacific Fast 500 Rank: 128[18]
  • 2008 AIIA National iAward for Innovation across all iAward categories[16]

See also

  • PCI DSS
  • Payment gateway
  • Accounts Receivable
  • Electronic Bill Presentment and Payment

References

  1. "IP Payments > Solutions". https://site.ippayments.com.au/site/?id=1&p=Solutions. Retrieved 2012-04-12. 
  2. "IP Payments again makes Deloitte Fast 50". http://www.itwire.com/it-industry-news/market/51405-ip-payments-again-makes-deloitte-fast-50. Retrieved 2012-04-12. 
  3. "Swedish payments group expands through acquisition in Asia". Nordic Capital. 2015-08-07. https://www.nordiccapital.com/news/swedish-payments-group-expands-through-acquisition-in-asia/. 
  4. 4.0 4.1 "Visa's Merchant Levels". http://www.visa-asia.com/ap/au/merchants/riskmgmt/ais_merchants.shtml. Retrieved 2012-04-12. 
  5. "Acquisitions by Bambora". Tracxn Technologies. 2022-07-09. https://tracxn.com/d/acquisitions/acquisitionsbyBambora. 
  6. Tsnompilantze, Maria (2022-09-12). "Trustly's Johan Tjärnberg to focus on the shift towards open banking during his keynote at SBC Summit Barcelona". SBCNEWS (Sports Betting Community). https://sbcnews.co.uk/europe/2022/09/12/johan-tjarnberg-barcelona/. 
  7. Espinoza, Javier (2017-07-20). "Ingenico buys Swedish payments group Bambora for €1.5bn". ft.com (Financial Times). https://www.ft.com/content/860958de-6d33-11e7-bfeb-33fe0c5b7eaa. 
  8. Manikandan, Aswin (2020-11-05). "Worldline, Ingenico merger to aid combined entity's foray into new businesses in India". The Economic Times (Bennett, Coleman & Co. Ltd.). https://economictimes.indiatimes.com/tech/tech-bytes/worldline-ingenico-merger-to-aid-combined-entitys-foray-into-new-businesses-in-india/articleshow/79065081.cms. 
  9. "Ensuring credit card compliance - Government News: Government News and Issues". Government News. 2011-02-18. http://www.governmentnews.com.au/2011/02/18/article/Ensuring-credit-card-compliance/WGJHBHQIZM.html. Retrieved 2012-02-25. 
  10. "Australia's credit card security problem". IP Payments. 2012-11-09. http://www.ippayments.com/site/?id=42&p=Australia%27screditcardsecurityproblem. Retrieved 2012-12-12. 
  11. "Technology Fast500 Asia Pacific 2012 Winners Report and Ranking" (PDF). https://www.deloitte.com/view/en_GX/global/industries/technology-media-telecommunications/deloitte-technology-fast-500/8d5517a362c3b310VgnVCM1000003256f70aRCRD.htm. Retrieved 2012-08-11. 
  12. "Technology Fast50 Australia 2012 Winners Report and Ranking" (PDF). Archived from the original on 9 March 2013. https://web.archive.org/web/20130309083325/http://www.deloitte.com/view/en_AU/au/industries/tmt/8c44f654033ea310VgnVCM2000003356f70aRCRD.htm. Retrieved 2012-08-11. 
  13. "Technology Fast500 Asia Pacific 2011 Winners Report and Ranking". https://www.deloitte.com/assets/Dcom-Global/Local%20Assets/Documents/TMT/DeloitteTF500AP2011WinnersReportFinal.pdf. Retrieved 2012-08-11. 
  14. "Deloitte Technology Fast 50 Australia 2011". Archived from the original on 17 September 2012. https://web.archive.org/web/20120917030558/http://www.deloitte.com/assets/Dcom-Australia/Local%20Assets/Documents/Industries/TMT/Deloitte_Technology_Fast_50_2011_report.pdf. Retrieved 2012-08-11. 
  15. "Deloitte Technology Fast 50 Australia 2010". http://www.deloitte.com/assets/Dcom-Australia/Local%20Assets/Documents/National%20Programs/Deloitte_Technology_Fast_50_FINAL.pdf. Retrieved 2012-08-11. 
  16. 16.0 16.1 16.2 16.3 "IP Payments > Company> Awards". https://site.ippayments.com.au/site/?id=39&p=Awards. Retrieved 2012-04-12. 
  17. "Deloitte Technology Fast 500 Asia Pacific 2009 Ranking and CEO Survey". Archived from the original on 5 March 2012. https://web.archive.org/web/20120305205412/http://www.deloitte.com/assets/Dcom-Global/Local%20Assets/Documents/TMT/FAST500AP/Winners/DeloitteTF500AP2009WinnersReportFINAL.pdf. Retrieved 2012-08-11. 
  18. "Deloitte Technology Fast 500 Asia Pacific 2008 Ranking and CEO Survey". Archived from the original on 2 April 2012. https://web.archive.org/web/20120402203323/http://www.deloitte.com/assets/Dcom-Global/Local%20Assets/Documents/dtt_tmt_fast500_asiapacific_2008.pdf. Retrieved 2012-08-11.