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2024 Total Economic Impact Study discovered a 182% ROI and $13.4 million additional revenue with Checkout.com

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Checkout.com’s customers saw payments performance generating an additional $13.4 million in revenue with a 2.1% acceptance rate uplift for the composite. For commerce and fintech enterprises, working with Checkout.com represented a $12.4 million net present value over three years.Customers experienced full payback within the first six months achieving an additional return of 182% within three years.  

LONDON, July 25, 2024 /PRNewswire/ — Checkout.com, a leading global digital payments provider, today announces the results of its commissioned 2024 Total Economic Impact™ (TEI) study conducted by Forrester Consulting. The independent study outlines a three-year, risk-adjusted present value and ROI for a composite organization comprised of interviewees with significant experience working with Checkout.com.

Forrester’s cost-benefit analysis revealed that Checkout.com delivered an 182% return on investment (ROI) to customers over three-years. The study indicated a full return on investment could be achieved within the first six months. Additionally, the net present value (NPV), or the total value of an investment opportunity for Checkout.com customers over three-year engagements, stood at $12.4 million, underscoring, in our opinion, the profitability of long-term collaboration with Checkout.com. Because payments acceptance rates translate directly into revenue, leading businesses are always chasing ever better rates and the study shows that high-performing enterprises achieve even higher performance when they work with Checkout.com.

The study, based on customer interviews and aggregated data, included customer testimonials emphasizing the high-performance payments achieved when working with Checkout.com. All customers interviewed were large enterprise consumer businesses that were already working with other modern digital payments providers and achieving above industry benchmark acceptance rates.

Improving performance with $13.4 Million in additional revenue and $1 Million in avoided scheme and gateway fees

The study showed a 2.1% uplift in acceptance rates by working with Checkout.com. For the composite, the benefits of this uplift resulted in an additional $13.4 million in revenue within the first 3 years of onboarding Checkout.com.

Additionally, payment retries, which correlate with significant drops in conversion, were reduced by 7% thanks to Checkout.com’s ‘Intelligent Acceptance’ feature, which uses machine learning to continuously improve payments performance. As well as improving conversion this reduction in retries additionally yielded $1M in cost savings in avoided scheme and gateway fees.

Checkout.com called out for machine learning fraud protection that does not sacrifice performance

The study finds that Checkout.com helped the composite build effective and tailored risk strategies. Customers said they appreciated the velocity with which Checkout.com’s Fraud Detection Pro flags suspicious activities, detects new fraudulent trends, and updates criteria into its fraud engine using machine learning. Customers were impressed that Checkout.com’s delivery of reduced chargeback rates had no negative impact on their payments performance – bucking a long held belief that there is an inevitable trade-off between performance and protection in payments. 

As Black Friday and Cyber Monday fast approach it is notable that the study finds improved reliability during volume surges for the composite. According to the study, Checkout.com can support large surges in volumes, which enabled the composite to handle seasonal spikes in payments (e.g., during Black Friday, the Christmas shopping season, or product launches). The composite improved its customer service by leveraging the uptime of Checkout.com and its customer-first support team which is available around the clock. Interviewees described those two factors as crucial, especially for agile businesses.

According to the study, Checkout.com has a deep understanding of the composite’s payment needs in its service provision. Because of this, the composite can count on a team of experts across multiple areas such as integration, customer success, and solutions engineering.

“As digital technology continues to transform the experience consumers have with brands, the payment process becomes increasingly important to driving conversion and loyalty.  We are proud that the independent proof points in the Forrester TEI findings show that customers that work with us thrive in the digital economy, that’s what keeps us obsessed with delivering high performance payments,” Rory O’Neill, CMO, Checkout.com

About Checkout.com
Checkout.com processes payments for thousands of companies that shape the digital economy. Our global digital payments network supports over 145 currencies and delivers high-performance payment solutions across the world, processing billions of transactions annually.

With flexible and scalable technology, we help enterprise merchants boost acceptance rates, reduce processing costs, combat fraud, and turn payments into a major revenue driver. Headquartered in London and with 16 offices worldwide, Checkout.com is trusted by leading brands such as Sony, Shein, Sainsbury’s, Wise, GE Healthcare, and The Financial Times.

Checkout.com. Where the world checks out.

Notes to editors
Checkout.com’s Total Economic Impact™ (TEI) study constitutes the most up to date research on return on investment (ROI) in the payments sector and illustrates the significant impact Checkout.com has in a mature and competitive market. Findings are based on market-leading large enterprise companies in Fintech, E-commerce, Digital Consumer Goods, Food and Beverage and Remittances. These businesses all worked with leading modern PSPs before onboarding Checkout.com and yet still saw payments performance. 

In digital payments failed payments and retries correlate heavily with costly conversion drop off. Working with Checkout.com, businesses saw a 7% decrease in payment retries leading to an additional $1 Million benefit for the composite. Customers called out the positive impact of this benefit for their consumers and their own customer satisfaction. Using machine learning, Checkout.com’s products such as Intelligent Acceptance and Fraud Detection Pro are delivering improved payments performance alongside improved fraud protection for global businesses. Businesses emphasized Checkout.com’s ability to deliver a reliable service which can support volume surges throughout the year including during Black Friday, Cyber Monday and the Christmas shopping season. That Checkout.com can deliver improvement in up-time to the sophisticated composite indicates this is less of a ‘table-stakes’ commodity than many assume.

View original content:https://www.prnewswire.co.uk/news-releases/2024-total-economic-impact-study-discovered-a-182-roi-and-13-4-million-additional-revenue-with-checkoutcom-302205784.html

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The Inner Circle acknowledges Daniel Beer as a Pinnacle Professional Member Inner Circle of Excellence

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NEW YORK, Sept. 8, 2026 /PRNewswire/ — Prominently featured in The Inner Circle, Daniel Beer is acknowledged as a Pinnacle Professional Member Inner Circle of Excellence for his contributions to Information Technology and Artificial Intelligence.

Daniel Beer has built a distinguished career as a technology executive, entrepreneur, and innovator dedicated to helping organizations harness technology to achieve sustainable growth and meaningful collaboration. As founder and chief executive officer of Trusted Associates and chief executive officer of Freeman and Clarke Inc., he leads initiatives that combine strategic technology leadership with emerging innovations in artificial intelligence and digital transformation.

Mr. Beer specializes in information technology strategy, platform development, organizational modernization, digital infrastructure, and fractional chief information officer and chief technology officer services. Through Freeman and Clarke Inc., he provides executive technology leadership that enables organizations to align technology investments with long term business objectives. At Trusted Associates, he focuses on developing collaborative technology platforms, cultivating strategic partnerships, creating innovative applications, and making investments in artificial intelligence companies that advance practical, real world solutions.

Mr. Beer earned a Bachelor of Music Education from the University of Sydney in 1997 before completing an equivalency certification for a Bachelor of Applied Science in Computer Science through the University of Maryland in 2012. His unique educational background combines creativity with technical expertise, allowing him to approach technology challenges with both analytical precision and innovative thinking.

Throughout his career, Mr. Beer has consistently demonstrated visionary leadership. He founded Techknowledgy Group at the age of 20 and successfully grew the company into a respected managed services provider over a fifteen year period. Later, as Chief Information Officer for the New York Hotel Trades Council, he led the modernization of the organization’s information systems and digital infrastructure, significantly improving operational efficiency and technology capabilities. Today, he continues expanding his influence through leadership roles with Trusted Associates, Freeman and Clarke Inc., and as an investor and advisory board member for Relate Research and Technology Company.

His professional accomplishments have earned recognition through inclusion in Marquis Who’s Who Top Executives, honoring his leadership, innovation, and contributions to the field of information technology.

Outside of his professional endeavors, Mr. Beer enjoys singing in church choirs, supporting personal development programs, and participating in animal rescue efforts, including fostering and rescuing dogs alongside his family. He credits the mentors who invested in his growth without expecting anything in return for shaping both his leadership philosophy and his commitment to serving others.

Looking ahead, Mr. Beer plans to continue advancing technology solutions that promote global collaboration while pursuing initiatives that improve literacy, raise awareness of neurodiversity, reduce incarceration rates, and create opportunities that benefit society as a whole. He remains committed to using innovation as a force for positive change.

Guided by his W5 philosophy, Mr. Beer believes true success is measured by helping others succeed. Through collaboration, communication, service, and innovation, he continues to build organizations and technologies that create lasting value for clients, communities, and future generations.

Contact: Katherine Green, 516-825-5634, editorialteam@continentalwhoswho.com

View original content:https://www.prnewswire.com/news-releases/the-inner-circle-acknowledges-daniel-beer-as-a-pinnacle-professional-member-inner-circle-of-excellence-302872896.html

SOURCE The Inner Circle

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Thoma Bravo Announces Strategic Growth Investment in Tanda

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Investment to accelerate Tanda’s product innovation and global growth

BRISBANE, Australia and SAN FRANCISCO, Sept. 8, 2026 /PRNewswire/ — Thoma Bravo, the world’s largest software-focused investment firm, today announced a strategic growth investment in Tanda, a leading workforce management, payroll and HR platform for shift-based workers. Thoma Bravo’s investment will support Tanda’s continued product innovation, including the company’s AI roadmap and its expansion into new markets. Tanda’s co-founders will remain significant shareholders and will continue to lead the company, with Jake Phillpot remaining Chief Executive Officer. Terms of the transaction were not disclosed.

Tanda is the market leader in workforce management for shift-based employers, serving approximately 8,000 businesses globally across hospitality, retail, quick-service restaurants, healthcare and other frontline industries. Tanda’s integrated workforce management platform combines employee recruiting, onboarding, rostering, time and attendance, gross wage calculations and payroll on a single codebase. This natively built product suite enables employers in complex, highly regulated markets to manage compliance and ensure employees are paid accurately. Trusted by thousands of organizations, Tanda’s platform powers the daily operations of some of the most demanding frontline businesses in the world.

“Taking on an investor was a very big decision for Tanda,” said Jake Phillpot, Co-Founder & Chief Executive Officer of Tanda. “We’ve been a bootstrapped company with no outside capital since we were founded 14 years ago. What started as an idea when we were still housemates at university has become a global business that we have built without taking shortcuts. Through a lot of hard work, we have market-leading products, growing market share and so much more room to grow. We thought the time was right to take on our first investor.”

“Thoma Bravo was the obvious choice as our financial partner,” Phillpot continued. “They understand software at an extraordinary level, have spent decades helping companies like ours scale and share our ambition for what Tanda can become. By partnering with the world’s number one software investor, we intend to become the global category leader in our space. Most importantly, the things that make Tanda precious won’t change. The founders will still come to work every day, and we’ll still obsess over how we can make our products better for our customers.”

“Managing and compensating employees accurately is a fundamental obligation of all employers, yet it remains a universal challenge, particularly for businesses with shift-based employees,” said Carl Press, a Partner at Thoma Bravo. “Employers are frustrated by a patchwork of legacy systems that cannot address their complex needs and expose them to operational and legal risks. Jake and his co-founders identified this problem and built Tanda from the ground up with customers and their employees at the center of every product decision. In doing so, they’ve laid the groundwork to become the definitive AI-native workforce management solution in the shift-based economy. We couldn’t be more thrilled to help them drive the next chapter of accelerated growth and innovation.”

“Tanda has everything we look for in an investment: market leadership, a fiercely loyal customer base and a product-first founding team with deep domain expertise,” said Adam Kinalski, a Principal at Thoma Bravo. “Jake and his co-founders have built a rare business that matches strong product-market fit with exceptional operational execution. We’re excited to partner with them on their mission to make Tanda the global standard in workforce management and payroll software for shift-based employers.”

Barrenjoey Advisory Pty Ltd is serving as financial advisor to Tanda, and SBA Law is serving as legal counsel. Piper Sandler & Co. is serving as exclusive financial advisor to Thoma Bravo, and Kirkland & Ellis LLP and Allens are serving as legal counsel.

About Thoma Bravo
Thoma Bravo is the world’s largest software-focused investment firm, with approximately $170 billion in assets under management as of June 30, 2026. Partnering with some of the world’s most sophisticated investors, Thoma Bravo’s private equity and private credit platforms reflect a focused investment strategy, supported by disciplined execution, deep sector expertise and leadership continuity. Over the past 20-plus years, Thoma Bravo has acquired or invested in approximately 600 software and technology companies, representing more than $325 billion of aggregate enterprise value (including control and non-control investments, as well as add-on acquisitions). Learn more at thomabravo.com and on LinkedIn.

About Tanda
Founded in 2012 and headquartered in Brisbane, Australia, Tanda (operating internationally as Workforce.com) is an all-in-one payroll, HR and workforce management system for businesses with shift-based and hourly workforces. Tanda’s platform brings rostering, time and attendance, award interpretation, compliance, payroll and HR onboarding together in a single system, helping employers in hospitality, retail, healthcare and other frontline industries schedule efficiently and pay employees accurately. The company serves thousands of customers across Australia, North America, the United Kingdom and Southeast Asia. For more information, visit tanda.co.

For Thoma Bravo

Abby Farr
Vice President, Communications & Marketing
+1 646-957-2067
afarr@thomabravo.com    

For Tanda

Georgie Pollok
Head of Marketing
media@tanda.com.au 

View original content to download multimedia:https://www.prnewswire.com/news-releases/thoma-bravo-announces-strategic-growth-investment-in-tanda-302872908.html

SOURCE Thoma Bravo

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PeerTrust Launches Public Service to Evaluate Citation Integrity and Scientific Due Diligence Beyond Citation Counts

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New “Know Your Scientist” tool allows insurance carriers, universities, research funders, and science investors to inspect citation accumulation patterns and network anomalies.

FREDERICK, Md., Sept. 8, 2026 /PRNewswire/ — PeerTrust is now publicly available at PeerTrust.Report, giving science stakeholders a way to examine unusual patterns in the citation record behind a researcher’s scholarly profile.

Citations influence hiring, funding, promotion, institutional rankings, and decisions about scientific partnerships. Yet those decisions often rely on how frequently a scientist has been cited, with little scrutiny of where those citations came from or how the surrounding network developed.

PeerTrust introduces Know Your Scientist (KYS), researcher-level scientific due diligence based on public scholarly records. The service examines three distinct anomaly types:

Coauthor Network Concentration: Unusual concentration of citation activity within a researcher’s coauthor network.Reciprocal Citation Relationships: Repeated reciprocal citation relationships.Publication Velocity: Abrupt changes in publication output.

PeerTrust weighs these signals and produces an evidence-oriented report for human review.

“PeerTrust tells decision makers where unusual citation structures appear and gives them evidence they can inspect,” said Bassem Kadry, Chief Innovation Officer at ScienceWerx. “What that evidence means still requires context and human judgment.”

An unusual pattern is not a finding of misconduct. Close scientific collaboration, consortium publishing, changes in team size, or rapid growth in research activity can all produce legitimate anomalies. PeerTrust is designed to identify records that warrant closer examination, not to infer intent or assign guilt.

Computational Reproducibility Benchmark

The system has also undergone a computational reproducibility benchmark using a deliberately citation-enriched cohort of researchers identified through exceptionally highly cited recent publications. A separate team reimplemented the public PeerTrust methodology in Python and compared its results with the production system using identical preserved bibliographic evidence.

Both implementations returned the same final PeerTrust classification for all 260 researchers that could be scored. Across the complete set of benchmarked outputs, 258 of 260 cases matched exactly. The two remaining cases contained small numerical differences that did not change their classifications.

In the deliberately difficult test cohort, 116 of the 260 scored researchers received an ELEVATED or HIGH PeerTrust classification. The cohort was specifically constructed around unusually strong recent citation visibility to stress-test the system and cannot estimate how common citation manipulation or research misconduct is among scientists generally.

“Scientific due diligence often stops at publication and citation counts,” said Khalid Saqr of KNOWDYN. “If those numbers influence funding, appointments and partnerships, organizations should be able to examine the structure behind them before making consequential decisions.”

PeerTrust’s methodology separates automated anomaly detection from human judgment. The system organizes bibliometric evidence for review; it does not replace expert assessment, institutional investigation, or due process.

About PeerTrust & Next Steps

PeerTrust is a transatlantic joint initiative of ScienceWerx and KNOWDYN. The public service is live now at peertrust.report. PeerTrust is moving next into API access and institutional deployment and is identifying insurers, universities, research funders, investors, research-intelligence, and research-integrity organizations interested in bringing Know Your Scientist into existing review and scientific due-diligence workflows.

About ScienceWerx, Inc.

ScienceWerx was born from a simple yet powerful observation: countless groundbreaking scientific discoveries remain trapped in academic journals and laboratories, unable to make a real-world impact. The gap between brilliant research and market-ready solutions represents a massive loss of potential for humanity.

About KNOWDYN LTD

KNOWDYN LTD is an Intellectual Property (IP) custodian and licensor. The company is registered in England and Wales and operates in 17 countries across the Americas, Europe, and East Asia.

Website: peertrust.report

View original content:https://www.prnewswire.com/news-releases/peertrust-launches-public-service-to-evaluate-citation-integrity-and-scientific-due-diligence-beyond-citation-counts-302872905.html

SOURCE ScienceWerx

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