TransCentra, the leader in multichannel billing and payments solutions and software to companies nationwide, announced its ranking on the 2012 FinTech 100. The annual, international listing represents the top vertical technology vendors that derive more than one third of their revenue from the financial industry as named by American Banker, Bank Technology News and IDC Financial Insights.
â€œBilling and payment technology and services are core to the success of financial institutions, but have become difficult, unwieldy and expensive for these organizations to manage on their own,â€Â said Lynn Boggs, chief executive officer for TransCentra. â€œTransCentra's inclusion in this year's FinTech 100 listing validates our success in delivering solutions that address these business demands and is further evidence of the trust that financial institutions across the country place in us to meet their billing and payment needs.â€Â
TransCentra ranked 86th on the list of financial technology companies that were judged according to their global revenuesâ€“attesting to the company's stability and importance within the industry.
Throughout the past year, TransCentra has grown its current offerings to include new color printing technology, a broader range of multichannel billing and payment services and expanded Private Label Payment Processing capabilities. These technologies and services directly address the shifting business needs of TransCentra's clients and reflect TransCentra's dedication to helping solve its customers' key business issues.
Norcross, Ga.-based TransCentra is America's largest outsourced remittance processor, one of the largest outsourced billers and a top provider of imaging and payment processing platforms and software. An industry leader in innovative multichannel billing and payment solutions, TransCentra is trusted by many of the largest and most recognized names in both the consumer and business-to-business markets across a variety of industries, including financial services, insurance, healthcare, utilities and telecommunications. For more information, visit www.transcentra.com.