Monthly updates

It’s beginning to look a lot like…winter! ❄️

As we head into the holiday season, our Corefy team has been hard at work making some exciting updates. Check out our November wrap-up.

Platform updates

Here are some highlights of what our Development and Integrations team accomplished this month:

• Established 10 new integrations, rolled out 11 new flows as extra payment methods or use cases for providers already connected, and delivered 82 improvements and fixes across existing integrations.
• Warning for potential negative balance on withdrawals. A new alert now pops up if a withdrawal exceeds the available balance, giving a clear heads-up before confirmation and helping avoid accidental negative balances.
• Transaction path visibility in payment schemes. You can now see the exact branch a transaction followed in the payment scheme — whether it failed or succeeded. The branch is highlighted in both the diagram and JSON for faster troubleshooting.
• New ‘Card identification mode’ in commerce account settings. Payment managers can choose whether to identify cards by 6-digit BIN (default) or 8-digit BIN, ensuring compatibility with providers/processors and preventing routing or processing mismatches.
• Payment scheme details in the Merchant portal. This gives merchants visibility into routing and provider-interaction settings where this level of transparency is part of the PSP agreement.
• Payment page links are now shown in the Merchant portal. Each payment now includes a direct link to its payment page, so the URL is always easy to find and won’t get lost.
• Refund ledger reports now include two new fields: customer_data and card_mask. This adds missing context in refund reporting, making reconciliation and investigation faster and more informative.

SiGMA Central Europe wrap-up

Our team hit SiGMA Central Europe in Rome, and it was a busy one — lots of meetings, great chats with partners, and plenty of time on the floor to see what’s trending in iGaming and payments.

Big thanks for a truly memorable event. See you next time!

Team

In November, we welcomed four new specialists to our Product, Integrations, and Customer Success teams. Wishing them a fantastic start!

Explore our current job opportunities⁠; we're happy to meet talented professionals!

Thanks for being with us,

Corefy

Here's a glimpse into what our team has been up to last month 🍂

Solution launch: Payment bridge

We've introduced a new way to expand your payment infrastructure — meet our Payment bridge⁠ 🚀

This solution connects your existing payment system to 550+ pre-built integrations on our platform without disrupting your core setup. You can add new PSPs, acquirers, or local payment methods instantly while keeping your current routing, cascading, and reporting logic. The bridge simply extends your reach.

It's the perfect option if your processing layer already runs smoothly but you're looking to scale faster, test new markets, or stay ahead of competitors without a costly rebuild.

Platform updates

Here's what our Development and Integration teams implemented in October:

• Added 7 new integrations and made 107 upgrades and updates to the existing ones.
• Count successful transactions per email. We've added three new attributes to Card gateway routing schemes to enable clients to count successful transactions associated with a customer's email per day, week, and month.
• Display decimal places for USDT values. USDT currency values now display up to 8 decimal places in the Dashboard and Merchant portal, providing users with more granular visibility into balances and transactions.
• More detailed routing resolution. The system now displays the exact routing filter that caused a transaction to fail. This reduces the time and effort required for manual investigation.
• Delayed charge flow available in Dashboard. Users can now test 2-step charge (or pre-auth) transactions directly in the Dashboard. Previously, these flows were only available via API, so testing no longer requires additional development work.
• Custom mapping for ‘Blank’ routing strategy. We extended the ‘Blank’ strategy in Card gateway and Payout gateway routing schemes with configurable coded mapping. Payment providers can now see which exact attribute caused a transaction to fail and pass this encoded reason to the merchant portal, enabling faster diagnostics and reduced investigation time.
• New customer metadata attribute for routing. We've added a new attribute to the Card gateway routing/modifier scheme under the 'Customer' group. This allows clients to route transactions based on region or other metadata they include in the request, enabling more flexible and precise routing logic.
• Network Level Tokens (NLT) H2H endpoint. Enables merchants who self-host cryptograms to conduct NLT transactions while using Corefy as a proxy between the merchant and the PSP, simplifying secure transmission.

Live webinar: Payment routing in action

We've kicked off something new at Corefy — our very first live webinar. In this session, our experts explored how companies use multi-PSP strategies and smart routing logic to boost conversion rates, cut costs, and maintain stability across different markets. We focused on real-world examples and the routing patterns we’ve seen work in practice.

Missed it live? You can watch the full webinar recording⁠ on our YouTube channel and see how the right routing setup can transform your payment performance.

And if you prefer reading, check out our article on Financial IT⁠, where our Onboarding Manager, Olena, shares practical insights and cases that show how sophisticated routing logic can drive higher approval rates.

Networking: SiGMA Central Europe 📍

Corefy is already in Rome for SiGMA Central Europe, running from November 3–6. Our Oleg⁠, Alina⁠, and Aleksandra⁠ are all set to chat about payment processing, orchestration, and optimisation. And if you're on the hunt for the perfect payment partner, our PayAtlas⁠ experts Veronika⁠ and Tatiana⁠ are there to guide you.

Let's meet up and explore how we can improve your payment operations 🙌

May all your plans for the last autumn month unfold successfully,

Stay tuned!

Autumn leaves, autumn breeze, and autumn monthly updates! Check out our September wrap-up 🍂

Platform updates

Here's what our Development and Integration teams rolled out in September:

• Established 13 new integrations and made 77 updates and upgrades to the existing ones.
• Merchant portal balances depiction choice. You can select which currencies appear in the left-hand navigation, showing only the ones you need and keeping the interface focused.
• Self-service setup for multiple reserves. Now you can easily turn on multiple reserves⁠ in the Commerce scheme – no Service Desk ticket required.
• Inline help for Commerce account settings. We added contextual descriptions to several settings – Commerce HPP, Payment options, Payout options, Callback options, and Card gateway options – so users can better understand and configure these areas without leaving the page.
• The Turnover limit for a Merchant account has been migrated to Routing filters. You can now set daily or monthly limits. Counters reset automatically at the start of each selected period.
• Merchant Portal locale selection. We’ve added language settings to the Merchant Portal. Admins can define the available locales, and merchants can select their preferred one from the list.

SBC Summit wrap-up. Next stop: SiGMA Central Europe!

This month, we joined the SBC Summit in sunny Portugal. The energy of the event and inspiring conversations made it a truly memorable experience!

We're already looking ahead to the next big stop: SiGMA Central Europe in Rome, November 3–6, 2025 🇮🇹

Our representatives Oleg⁠, Alexandra⁠, Alina⁠, Daria⁠, Tetiana⁠ (PayAtlas⁠), and Veronika⁠ (PayAtlas⁠) will be there, ready to chat about all things payments.

Drop them a DM to book a meeting in advance, and let's make it happen!

Something to read

The Fall 2025 issue of Financial IT⁠ features the article by our CEO, Denys Kyrychenko. He tackles a pressing question many businesses face: Is payment orchestration really worth the investment?

To answer this, he shares three real-world cases where orchestration proved its value by helping companies slash processing costs, boost approval rates, and unlock hidden ROI across global markets.

If you’re managing multiple PSPs, working with high-risk payments, or tired of fragmented payment flows – this read is for you.

Read the full article in Financial IT

Read now

Stay tuned for more updates 🙌

Our team packed the last month of summer with fresh updates, improvements, and new features to make your experience with Corefy even better.

Let’s take a closer look at what’s new 👀

Platform updates

Here’s a look at what our Development and Integration teams rolled out in August:

• Established 13 new integrations and made 66 updates and upgrades to the existing ones.
• Commerce account turnover limits by card network. We introduced the ability to set turnover limits on payments or payouts for specific commerce accounts, with separate thresholds for each card network (Visa, Mastercard, etc.). Limits can be defined daily, weekly, or monthly, helping merchants comply with acquirer restrictions.

• Improvements in commerce account members. From now on, only users with the Administrator role can be promoted to Owner.
• Merchant portal permissions for balances. We reworked permission logic for the Balances module, allowing users to access Withdrawals, Deposits, and Rolling Reserves modules without exposing balance information. This gives merchants more granular control over access to financial modules.
• New OCT payouts guideline in the Merchant documentation. We have added a dedicated guide⁠ describing how to process OCT payouts via tokens.
• Transaction email report names. The reports delivered by email now include the reporting period (e.g. test_payment_2025-04-27_2025-04-28) in the filename to minimise manual renaming and confusion in local file management.
• New option for default-basic HPP theme. From now on, Apple Pay can be displayed on devices that don't natively support it (Android, Windows, Linux). Organisations can enable or disable this option to run A/B tests and potentially increase conversion rates.
• Extended Hotjar tracking events. Two new tracking events are now available in Hotjar: a transaction ID and a 'new page_rendered' event, which is triggered after the full page has been rendered, allowing for a more precise capture of the user experience.

Payment Agenda podcast

We've released the new episode of our payment podcast, where our Partnerships Manager, Kristina, and Co-founder & CEO, Denys Kyrychenko, discuss how businesses can put real numbers behind the ROI of payment orchestration using our new tool – the ROI Calculator⁠.

Tune in 👇

Networking

We're heading to sunny Portugal 🌍

On September 16-18, we will be at the SBC Summit⁠ in Lisbon. Our representative, Oleg⁠, will be there, looking forward to meeting you in person and discussing high-risk payments, optimising your payout flows, or exploring new providers together with Veronika⁠ from PayAtlas⁠!

Drop them a DM to book a call in advance, and let's make it happen!

Stay tuned for more updates 🙌

Summer is speeding along, and we’re moving just as fast with new updates 🚀

July has been exceptionally productive for our team. See for yourself.

Platform updates

Here’s a look at what our Development and Integration teams rolled out in July:

• Established 12 new integrations with payment providers, including Wayforpay (payment gateway), OKTO (payout gateway), and Monobank (card gateway). We also made 92 upgrades and updates to the existing connections.
• Enabled Apple Pay for non-Apple devices. You can now display Apple Pay via QR code on devices that don't support Apple systems (e.g., Android, Windows). Customers can simply scan the code with their iPhone or iPad to complete the payment, which may be beneficial for your conversion rates.
• Enabled merchant portal members management from the Dashboard. View active, inactive, or archived members, open profiles, and change statuses directly in Commerce account settings – no need to switch to the Merchant portal.
• Added an option to hide invoice lifetime counters. It's beneficial for long-term invoices, ensuring customers don't feel pressured by time limits.
• Optimised user interface by adding options to hide zero-balance accounts, toggle between active and inactive payout routes in Payout Schemes, and invite up to 20 members at once directly from the Dashboard for faster team onboarding.
• Added new routing attribute: customer country. You can use it for more granular routing configurations.
• Added 'Card brand' attribute to routing filters. It allows you to configure routing schemes more flexibly by considering the card brand based on the first six digits (BIN).
• Improved transaction exports. We've added the 'service method' attribute to transaction exports in both the Dashboard and Merchant portal. This gives you instant insight into which method was used for each transaction.
• Added a toggle to hide payment flow data. It hides the flow data parameters from payment gateway callbacks, ensuring they are not displayed in the request body. This is particularly useful for PSPs who prefer not to expose redirect URLs (such as links to other providers) to merchants.
• Rolled out documentation for two-step charge payments. Find detailed guidance in the Merchant Portal documentation⁠.

New tool: ROI calculator

We’ve launched the ROI calculator – a simple yet powerful tool that helps you estimate the value Corefy can bring to your business.

Just enter a few key figures, and the calculator will estimate the potential savings and benefits of orchestrating your payments with Corefy. It’s quick, intuitive, and gives you the clarity you need for smarter decision-making.

See how much you could save in minutes – try our ROI calculator today.

🧮**Calculate your ROI**

Try the calculator

Team news

What do you get when you mix AI, no‑code tools, and a weekend of teamwork? The Corefy hackathon!

In just three days, our teams built impressive MVPs – from automated provider data update tools for PayAtlas to status‑page scrapers for PSP uptime monitoring.

Along the way, we leveled up our skills with n8n automation and AI‑powered data processing, turning ideas into real, working solutions for PayAtlas.

And because every great hackathon should be memorable, participants got custom LEGO figures.

Stay tuned!

Summer is here, and so are our June updates 🍹

Here’s a quick look at what we worked on this month to make your payment experience even smoother.

Platform updates

Here's what our Development and Integration teams rolled out in June:

• Established 13 new integrations with payment providers, including Payneteasy (card gateway), PayNearMe (payment gateway and card gateway) and Fingenom (card gateway) and made 88 upgrades and updates to the existing ones.
• Google Pay H2H with on-merchant authorisation. Now PSPs can accept Google Pay transactions directly on their website via H2H without relying on our hosted payment page.
• Transaction report configurator. Users can now customise the list of fields displayed in transaction reports via the interface. This provides teams with more control over reporting and enables more focused data analysis.
• Moderation time display for the card gate. Our Dashboard⁠ now shows the exact time when moderation was triggered for card gateway entities, such as payment invoices, payment requests, and payments. This helps users track changes more easily and reduces support requests related to transaction state updates.
• Cross-dashboard transaction finder. PSPs can now search transactions by ‘origin_id’ across the Dashboard and Merchant Portal⁠, speeding up identification and cross-system tracking.
• New routing attributes: customer birthdate and card expiration month. Our clients can now use these attributes as routing parameters on the card gateway and payout gateway for more granular routing configurations.
• Toggle to hide inactive terminals in payment routing. It's a handy update for teams managing large merchant lists. Now, by default, only active terminals are shown in routing schemes, and a new toggle allows users to display inactive ones when needed.
• Configurable VAT tab visibility. The VAT tab in Commerce Accounts is now a feature-based setting, hidden by default and only available to organisations that use it. This update streamlines the interface and helps reduce support requests related to unused VAT functionality.
• Updated documentation for transaction statuses. We've added a comprehensive list of system transaction statuses (e.g., rejected, authorised, voided, etc.) to the Merchant Portal documentation⁠, ensuring all clients have access to up-to-date references.

Networking

We're heading to London 🇬🇧

On July 2–3, Corefy will attend iGB L!VE⁠, one of the key events in the iGaming industry. It's a fantastic opportunity to connect, share insights, and discuss the evolving challenges of payment processing in the gaming industry.

Our representative, Oleg,⁠ will be there, looking forward to meeting you in person and discussing high-risk transactions, optimising your payout flows, or exploring new providers together with Veronika⁠ from PayAtlas⁠!

Something to read

In case you missed it, we recently released a comprehensive guide to help you master one of the key areas of payment processing:

📘 Understanding payment conversion rates⁠

This guide will help you understand and improve your success rates by showing how to measure, monitor, and optimise them effectively.

Grab your copy and level up your payments expertise!

Wishing you a fresh and productive July,

Stay tuned for more updates!

Fresh May updates are here 🌿

Take a closer look at what we've been working on this month!

Platform updates

Here's what our Development and Integration teams implemented in May:

• Established 13 new integrations with payment providers and made 75 upgrades and updates to the existing ones.
• Introduced the ability to set time zones in Merchant account settings. This update helps ensure accurate daily transaction tracking and prevents time desynchronisation issues between your system and the provider.
• Added card context in payout invoice exports. We've added new columns – issuer_name, issuer_country, and card_network — to help you analyse card payouts more effectively and streamline your reporting workflows.

Networking

We always look forward to meeting you in person 🤝

And here's the next opportunity: our Veronika from PayAtlas⁠ will be attending Money20/20 Europe⁠ in Amsterdam — one of the biggest fintech gatherings of the year.

She'd love to chat about finding the best payment providers for your business. Meet her at the event or drop a message⁠ to catch up!

Something to read

We've just released a fresh guide packed with tips on payment conversion rates 🤓

Inside, you'll discover:

• How to measure and monitor your payment conversion rates properly
• 6 key factors affecting your conversion metrics
• Real-life cases of payment conversion optimisation

Tap here⁠ to download the full version.

Team

In May, we welcomed two new specialists to our Integrations and Customer Success teams.

Maybe, you'd be a great fit for Corefy, too? Explore our current job opportunities⁠; we're happy to meet talented professionals!

Thanks for being with us,

Corefy

Cheers to a sunny season, and welcome to our April updates 🌸

Platform updates

Here’s what our Integrations and Development teams accomplished last month:

• Added 5 new integrations, including KodaPay (payout gateway and payment gateway), and FYST (payout gateway). Also, we made 53 more minor updates to existing connections.
• Introduced failed transaction fee configuration. Our PSP clients can now charge merchants a fixed fee for declined transactions. The fee is factored into balances, invoice finalisation, and reporting, ensuring greater transparency and reducing the financial burden.
• Extended transaction report details. Transaction reports now include more contextual data: the provider’s name, the provider’s unique identifier, and the transaction’s unique ID. This enhancement improves traceability and reporting accuracy.
• Enabled card BIN-based routing filters. You can now optimise payment routing by specifying which card BINs should not be routed through specific terminals. This functionality is available both in the routing scheme settings and via API. It helps prevent routing through unused or underperforming BINs, improving conversion rates and giving payment managers greater control.
• Enabled H2H Google Pay. You can now place a Google Pay button directly on your website and accept payments without redirects, iframes, or additional steps through a hosted payment page, resulting in a faster, smoother checkout experience.
• Added a routing rule to limit the number of successful payments for a specific customer on a Commerce account per day. It means enhanced risk control and operational flexibility in payment flow configurations.

The latest payment content from us

We’ve been busy this month sharing fresh insights to help you better understand how the payment world works. If you're curious about the ins and outs of the industry, don’t miss our latest articles:

• How to enter the payment industry: legal requirements & tech stack choices⁠
• Build vs. Buy: choosing the right payment orchestration strategy⁠
• Building a payment orchestrator: MVP and additional layers⁠

More into quick, snackable insights? Follow our CEO Denys Kyrychenko⁠ on LinkedIn – over 6,000 people already do! He regularly shares payment tips, real-world lessons, and expert takes worth reading.

Team

In April, we welcomed two new specialists to our Customer Success team. Wishing them a fantastic start!

Explore our available job opportunities⁠, and let's shape the future of fintech together!

Stay tuned 📢

Spring is in the air, and so are our updates 🌱

Let's take a look at how we spent the first month of this awakening season.

Platform updates

Here are some of the most notable improvements that our Development and Integration teams have worked on in March:

• Added 14 new integrations, including Payway, Bitlabz, and iPague. Also, we made 48 more minor updates to existing integrations.
• Facilitated compliance with Ukrainian legislation, enabling merchants to connect a software registrar of settlement operations to register payments with the local State Tax Service. Also, we extended the list of customer routing attributes on the card gateway and payout gateway to help configure routing schemes according to current Ukrainian banking requirements.
• Enabled merchants to use the API to detect asynchronous cascading after payment authorisation and redirect users to the updated ACS page of the newly selected payment provider.
• Extended the routing rule conditions by adding necessary operators to the routing scheme, so that users can now separate traffic into first-time and trusted using metadata information to send certain transactions to the appropriate terminals.

We’re also deep in the build phase of our platform V2.0 – optimising, upgrading, and fine-tuning every line of code so you can get your hands on it as soon as possible. Curious about what’s under the hood? Catch a sneak peek in the video and book a call⁠ to learn more from our experts.

Latest global stats on how businesses handle payments

After months of digging into the data, we published ‘The state of payment maturity 2024⁠’.

This report is packed with statistics and data that explore how businesses handle payments, what challenges they face, and how the payment industry is changing. To put it together, we analysed 793 completed questionnaires from business representatives across the globe, gathered over the course of 2024 – giving us a solid and diverse picture of the current situation.

If you work with payments, want to know the current online payment trends, or just want to understand how the payment maturity model⁠ helps identify growth opportunities, welcome to read the report.

👉Payment insights from 793 global businesses

Learn more

Career at Corefy

They say spring is the season of new beginnings. Why not make yours with Corefy? Explore our latest open roles⁠ and join our team or share them if you think we’d be a great fit for someone you know!

Wishing you a fantastic spring,

Corefy

Before we fully embrace spring, let’s take a look back at what we accomplished in February.

Platform updates

Here’s what our Development and Integrations teams worked on last month:

• Added 10 new integrations, including Aipay, Contiant, Rastpay, and Nebeus. Additionally, we made over 60 updates to existing connections.
• Launched chargeback management service – a powerful solution designed to help businesses prevent chargebacks on card transactions. It enables early risk detection, strengthens transaction security, and ensures healthier cash flow.

👀Explore our chargeback management solution

Learn more

• Strengthened compliance with PCI DSS 4.0.1. We implemented a series of measures to improve compliance with the latest security standards. We’ve optimised our internal processes, enhanced security procedures, and modernised system architecture to improve compliance with the latest security standards.
• Our team keeps working towards the launch of Corefy V2⁠ – stay tuned for updates!

Team news

In February, we were thrilled to welcome three new specialists to our Integrations, Development, and Finance teams!

We’re always on the lookout for talented professionals. Could that be you? Or do you know someone who’d be a great fit? Check out our open positions⁠ and join us!

Stay tuned 📢

Kicking off 2025 with fresh updates 🤓

We’ve started the year with exciting networking and platform improvements. Check out the highlights below!

Platform updates

Our team keeps working towards one of our goals for 2025 – the launch of Corefy V2.⁠ Along with that, we’ve been updating and upgrading our platform. Check the details:

• Added 6 new integrations, including Conceptpay, Nixxe, and GateIQ, and made 55 updates to the existing ones.
• Routing error resolution. We added the ability to view detailed reasons for payment and payout routing errors. This update helps our clients independently identify the causes of errors through the gateway interface without contacting the support team.
• Transferring information from the Descriptor to the Description field. We expanded the capabilities of the transaction description template for the payment provider. From now on, users can transfer information from the ‘descriptor’ field to the ‘description’ field.

Networking

In January, we had the incredible opportunity to attend ICE Barcelona, the premier event for gaming technology. It was an exciting experience to connect with industry leaders from gaming, betting, and esports, exchange insights, and explore the latest innovations.

If you haven’t had the chance to discuss your payments yet, let’s change that! Book a call with our experts⁠ and ensure your payments get the best solutions they deserve.

Career opportunities

Our team is growing! In January, we welcomed a Customer Success Manager and a Legal Counsel to our ranks. We keep looking for talented professionals, including a Junior PHP Developer and an Integration Manager.

If you’re ready to grow with us, explore all our open positions⁠ and find your perfect fit. Let’s build the future together!

Stay tuned!

We hope your holidays were filled with joy and warmth! 🎁

While we've already wrapped up 2024 in this article⁠, the traditional December updates couldn’t be missed. Dive in!

Platform updates

Check what our Development and Integration teams were up to in December:

• Added 7 new integrations and made 28 updates to existing connections.
• Added the ability to create, update, and manage Firewall lists via API, enabling seamless automation for adding, modifying, and deleting lists and their elements. This enhancement helps to maintain accurate and up-to-date data.
• Enabled the creation of Individual Tax ID attribute lists in the Firewall. This update allows users to create, update, and manage TIN lists through a user-friendly interface and API, improving efficiency and accuracy.
• Added the ability to set up conditions for the ‘Individual Tax ID’ attribute in Firewall schemes. It allows you to create flexible transaction processing scenarios related to payer identification numbers.
• Enabled transaction blocking/whitelisting by the ‘Full Name’ attribute in the Firewall. The Firewall can now block or whitelist transactions even when payer information is transmitted in separate fields (first name, last name, patronymic), seamlessly comparing data in both aggregated and split formats. This enhancement minimises the risk of processing transactions that could violate sanction requirements.
• Introduced new API endpoint to finalise payouts with a ‘Pending’ status. Users can now create and apply statements for payment finalisation via Platform API, offering more control and flexibility while supporting required permissions.
• Increased payout invoices lifetime to 30 days in the Dashboard and Merchant portal. This improvement allows merchants more time to complete business transactions before payment is made while maintaining robust invoice lifecycle management.

🚀We've crossed the mark of 500 ready-made integrations

Learn more

Gearing up for ICE Barcelona

Corefy and PayAtlas⁠ – a global payment community platform – are heading to ICE Barcelona, the world’s biggest gathering of iGaming professionals. Mark your calendars for 20-22 January and meet with our incredible representatives to discuss all things payments.

📆 Book a meeting with Oleg⁠ from Corefy

📆 Book a meeting with Veronika⁠ from PayAtlas

See you soon!

Team

In December, we welcomed four new specialists to our Integrations and HR teams!

Are you interested in joining us? Check out our open positions⁠ and see where you could fit in.

Thanks for staying with us,

Corefy

Despite the chilly weather, Corefy’s November was brimming with hot updates!

Dive into our latest monthly highlights.

Platform updates

We’ve compiled key improvements and updates from last month into one handy list. Take a sneak peek at what our Development and Integration teams have worked on.

• Added 13 new integrations, including WanguPay (payment gateway), Paytend (card gateway), and Rixsus (payout gateway and payment gateway). We also made 58 upgrades or updates to the existing integrations.
• Enhanced the user return security check mechanism by implementing a link click counter that restricts multiple attempts to access the Return URL. This feature also blocks access from IP addresses that differ from the payer's original IP, providing an additional layer of security.
• Improved payout routing UI by adding the possibility of identifying payout route information clearly and more easily. This update allows our clients to configure their routing schemes quickly and with fewer mistakes.
• Updated the BIN database to eliminate risks of failures caused by outdated information.
• Extended payment route limits. Now, merchants can configure up to 700 routes in a routing scheme for greater flexibility and stability in payment processing, even for large or complex configurations.
• Added the ability to send custom merchant and deposit account name to merchant. Customers now have better control over terminal data display, a tool for better traffic management and analysis, and increased security and convenience when interacting with sub-merchants.

Networking

We had a fantastic time at the SiGMA Europe conference in Malta, reconnected with our clients and partners, and met new people from the gambling industry. We can’t wait to kick off some exciting new collaborations!

Careers at Corefy

We’re looking for bright minds to join our team! Look through the list of our open vacancies⁠ – we might be the perfect match 😉

As the year winds down, we focus on taking our platform to the next level and wish you the same drive for growth and success!

Stay tuned!

As autumn takes its final stretch, we’re ready to bring you our October recap 🍁

Dive into our latest updates below.

Platform updates

Here’s what our Development and Inregration teams were up to last month.

• Added 10 new integrations, including Spayz (payment gateway and payout gateway), Yotta (payment gateway), Magnetiq Bank (card gateway), and Inpay (payout gateway). We also made 90 upgrades or updates to the existing integrations.
• Enhanced the 3DS data collection logic by adding support for an additional flow stage, enabling integration with payment providers that require user browser information. This opens up new opportunities for seamless provider integration and improved data accuracy.
• Improved refund processing flexibility to minimise error risks. The update includes moderation of refund status changes and restrictions on modifying payments and refunds, ensuring protection against unauthorised adjustments.
• Added a new Firewall attribute that automatically verifies and restricts payments based on age, ensuring compliance with Ukrainian legal requirements and minimising the risk of fines and reputational damage.

Networking

We’re gearing up to showcase Corefy at SIGMA Europe⁠ in Malta. Mark your calendars for 11-14 November and make sure to visit us at booth 1028⁠ to discuss how we can benefit your online business.

Team news

In October, we welcomed four new specialists to our Development and HR teams! Are you interested in joining us? Check out our open positions⁠ and see where you could fit in.

Thanks for staying with us,

Corefy

As the cosy season settles in, we’re excited to share our latest updates with you 🍁

In September, our team focused on enhancing our existing products while developing new ones. We also enjoyed some great networking opportunities and are already gearing up for our next big event. Check out the details below!

Platform updates

Check what our Development and Integration teams were up to in September:

• Established 15 new integrations and made 65 updates and upgrades to the existing ones. New options include CryptoPay (payment gateway), D24 (payment gateway), EPX (card gateway), Spush (payout gateway) and others.
• Added new filter based on time stamp context. Merchants and PSPs can now quickly locate transactions by status or within a specific time frame, making it much easier to identify issues, verify actions, and analyse transaction data efficiently.
• Enhanced Firewall activity log UI. Every action, whether creating, updating, or deleting schemes and lists, is now logged with detailed labels and statuses. This enables users to easily review all changes in the Firewall settings with a clear event history, enhancing security and transparency in managing network rules.
• Added the ‘refund_pending’ transaction status on card gateway. This feature enables merchants and PSPs to better monitor refund processes and reduce risk by offering enhanced transparency at every transaction stage.
• Added the ability to configure Commerce HPP interface from UI. Users can now effortlessly adjust settings, tailoring the payment process to their specific needs. This enhances customer convenience and optimises the overall user experience.
• Added the “Last hour” metrics on CardGate. This condition enhances the flexibility of payment routing configurations when handling unsuccessful payments. With new attributes like "Customer failed payments (last hour)" and "Card failed payments – for Commerce account (last hour)," users can quickly pinpoint issues and address them, improving risk management, boosting the chances of successful transactions, and reducing cost per transaction.

Networking

This autumn, our team has big networking plans. We started with the incredible SBC Summit⁠ in Lisbon, engaging with industry experts, connecting with our clients and partners, and forging new partnerships along the way.

And there’s even more to come! We’re gearing up to showcase Corefy at SIGMA Europe. Mark your calendars for 11-14 November and make sure to visit us at Booth 1028!

What’s on ‘Payment Agenda’?

We’ve released two episodes of the Payment Agenda podcast series, featuring insightful discussions with industry experts from the PSP sector.

If you haven’t tuned in yet, now’s the time!

🎙️ PSP’s Perspective on the Gambling Industry: Arif Akhmedzade on Payment Agenda⁠

🎙️ Building Trust in High-Stakes Payment Environments: Ruslan Azarov on Payment Agenda⁠

Wish you a productive October,

Stay tuned!

As we bid farewell to summer, we're excited to reflect on our progress at Corefy in August and share our latest updates!

Let's look at what we've been working on this past month and how these improvements can elevate your business.

Platform updates

• Established 10 new integrations and made 70 updates and upgrades to the existing ones. New options include Spush wallet (payment gateway), Xoompay (payment gateway), Paytora Payment (card gateway), Starkbank (payout gateway) and others.
• Enhanced the organisations’ ability to configure and customise aggregated trial balance reports to streamline their accounting operations. From now on, organisations can activate this type of report and choose one of the two generation modes: a daily report with data from the previous day or an aggregated report that compiles data from all previous days of the current month.
• Added new transaction timestamps to enhance the clarity and detail of transaction state tracking. Now, for better analytics, separate parameters are allocated for different final states, ensuring no information is lost during transitions between states.
• Added Dashboard IDs copy button. We've added this button to streamline the Dashboard experience and reduce the risk of errors when manually copying IDs.
• Added the statement applying data to the Dashboard interface, making it easier to see precisely when a statement was applied to a payment or payout. This addition provides clearer insights into the timing of changes, helping you better track and understand updates on our side.

What’s on the ‘Payment Agenda’?

We released the 6th episode of the Payment Agenda podcast series⁠, featuring six industry experts from the PSP and gambling sectors.

Recorded at iGB Live in Amsterdam, this special edition covers high-risk payment trends, navigates regulatory challenges, and shares insider tips on building successful partnerships with payment service providers and acquirers.

Follow the links to catch the full episode on your favourite platform:

📽️ YouTube⁠

🎧 Spotify⁠

🎧 Apple Podcasts⁠

Networking

We're gearing up for the upcoming SBC Summit⁠, an incredible gaming event in Lisbon from September 24th to 26th. Our team – Oleg⁠, Den⁠, Alina⁠, Daria⁠, and Veronika⁠ – will be there and eager to meet you! We’d love to discuss the challenges in high-risk payment processing and how Corefy can help solve them. Be sure to mark your calendars!

Team news

We wrapped up the summer with a vibrant team-building party on SUP boards. Check out how it was 🤩

Wishing you a cosy and productive September 🍁

Stay tuned for more updates!

Welcome to the fresh edition of our monthly updates! 🌻

July has been exceptionally productive for our team, and we're excited to share our latest achievements!

Platform updates

Here’s what our Integrations and Development teams accomplished last month.

⭐ Established 16 new integrations and made 82 updates and upgrades to the existing ones. New options include Digimeth (payment gateway), Starkbank (payment gateway), Vendo (payment gateway and card gateway), Paysecure (payout gateway) and others.

⭐ Added the ability to decrypt tokens on merchants’ side while processing Apple Pay and Google Pay H2H transactions. From now on, merchants can independently manage credentials and decrypt card tokens, eliminating reliance on our system's certificates and settings for these payment methods.

⭐ Introduced URL white labelling for organisations. Users with respective rights within the organisation can now independently specify and configure white label URLs for various types of interaction (HPP, API, etc.) in the Dashboard. Still, it’s necessary to check that the specified domains are configured correctly, as they directly affect the system’s operation.

⭐ Updated the policy of controlling and blocking users in case of unsuccessful authorisation attempts. According to the new PCI DSS requirements, in case of 10 unsuccessful authorisation attempts, the user and all active sessions on other devices are automatically blocked for 30 minutes. Our support team can unblock earlier if the authenticating person is verified.

⭐ Added the Card Reference ID attribute for payouts, which acts as a unique identifier for the card number within the organisation. This feature enhances analytical capabilities, facilitating more effective fraud analysis and comprehensive transaction assessments.

⭐ Enhanced transaction management, adding invoice fee moderation capabilities. In case of a conflict with the commission during transaction processing (for example, when the calculated internal commission exceeds the amount paid by the user), the Dashboard user can manually moderate the transaction and process it with another commission.

Feel free to contact your Account manager, in case you need any details about the fresh updates.

Networking

Our representatives enjoyed their time at iGB L!VE. A big shoutout to the event organisers for bringing together the dynamic iGaming community and facilitating great opportunities for networking and collaboration!

We are already actively getting ready for the upcoming SBC Summit. The greatest show in gaming will take place from September 24th to 26th. Mark your calendars, and let’s meet there!

Career opportunities

We're on the lookout for talented professionals to expand our dynamic team. Could that be you? Or perhaps you know someone who would be a perfect fit? Check out our current openings⁠ and consider joining us or recommend someone you believe would excel in our team.

Wish you a happy and productive August,

Stay tuned!

Summer is flying by at the speed of light, and we're here to ensure you stay updated on all the latest developments at Corefy 🚀

We're steadily moving towards our goal of becoming the most connected payment orchestration platform. This month, our Integrations team added seven new connections, including options like Macropay (payment gateway), Facilero (card gateway), and BingoPay (card gateway). In addition to expanding our integrations pool, the team also made 81 upgrades and updates to our existing connections.

What about some networking? We’re thrilled to attend iGB L!VE, the largest iGaming event that brings operators, affiliates, tech vendors, and game providers together to drive business growth and secure a competitive edge.

Mark your calendars for July 16th – 19th, and join us in Amsterdam📍Our representatives, Den⁠, Oleg⁠, and Daria⁠ will be on hand and excited to meet you!

Before heading to the event, take a moment to evaluate your gambling business's payment setup. Is it performing at its best? Find out with our quick and easy 2-minute quiz designed to assess the effectiveness of your current payment systems.

✅Take the quiz!

Learn more

In June, our Processing and Customer Success teams have grown with the addition of three talented specialists. Let's extend our warmest welcome to them as they embark on their exciting journey with us.

Are you interested in being a part of our dynamic team, or know someone who is? Check out our current job openings⁠ and join us!

Wishing you a fruitful July ☀️

Stay tuned!

Are you geared up for a season filled with sunbathing and delightful cocktails?🍸

If so, let's bid farewell to May, a month that was quite productive for our team.

Platform updates

Our Development team implemented some interesting technical updates and upgrades in May.

Here they are:

• Introduced an 'Issuer Name' filter within the CardGate Merchant account routing filters. Now, if some card issuers have better success rates with certain MIDs, you can use this filter to direct transactions more effectively and optimise conversion.

• Implemented Receipt URL to API responses and callbacks. If you use the Receipt add-on, now you have the possibility to configure the addition of receipt URLs in the API responses and callbacks. This update enables a receipt download functionality in the user's account.
• Added ‘Allow asynchronous cascading’ option to Commerce service options. This is one more option you can configure in Commerce accounts for some services that require it.
• Added 12 integrations and made 91 upgrades or updates to existing ones.

Getting ready for Money 2020

We're gearing up for Money 2020, the leading global platform for sales and networking in the money ecosystem. Connect with our representatives, Veronika⁠ and Den⁠, to share knowledge and uncover new growth opportunities!

When: June 4-6
Where: RAI Exhibition and Convention Centre, Amsterdam

See you there! 🚀

Insights from our Payment maturity quiz

Diving into data from our Payment maturity quiz⁠, our CEO, Denys Kyrychenko, shed light on the benefits of a multi-PSP strategy and shared some proven tactics for achieving a fast and smooth integration process.

Check out his article⁠ on Linkedin to gather fresh insights!🤓

Team

Our Integrations, Customer Support, Customer Success, and Marketing teams have got 4 specialists bigger! And while they're onboarding and exploring the nuts and bolts of the platform, we're inviting you to check our list of available positions⁠ and apply.

Thanks for staying with us,
Corefy

April’s showers bring May flowers…and new features to Corefy ⭐

Check out our latest enhancements.

Platform updates

Our Development team has been diligently working on enhancing our platform's capabilities by establishing new integrations, updating the existing ones, and crafting new features. Here’s what we've achieved:

• Introduced the Multiple rolling reserves feature. Previously, our PSP clients could establish only one rolling reserve per invoice. Recognising the need for more adaptable solutions for merchants, we have now implemented a feature that enables the creation of multiple rolling reserves⁠ for various time periods within a single invoice.
• Enhanced flexibility in reserves calculation. From now on, our clients can choose whether to calculate their reserves based on the processed amount (the total amount paid by the client) or the settlement amount (the total excluding processing fees). This added flexibility allows for more tailored financial management according to each client's specific needs.

• Added 19 new integrations and made 98 upgrades or updates to existing ones.

📚Something to read

Follow our CEO, Denys Kyrychenko, on LinkedIn, where he constantly shares valuable payment tips, hacks, and memes. By the way, he has recently got the ‘Top Payment Services Voice’ badge 😎

Learn more

Team growth

In April, six new specialists joined our Development and Customer Success teams. We are constantly expanding and looking for more talent. Are you interested in being a part of our dynamic team, or know someone who is? Check out our current job openings⁠ and consider joining us, or share it with friends!

Wishing you a fruitful May 🍀

Stay tuned!

Springtime always brings a fresh burst of energy, blooming with promise and potential 🌻

Check out how we spent the first month of this encouraging season.

Platform updates

Our Development team implemented some interesting technical updates and upgrades in March.

Here’s what’s new:

• Card gateway host-to-host (H2H) logs. You can now access Card gateway H2H logs directly from the Dashboard. This improvement enables you to analyse operational issues related to transaction processing independently. For instance, if a transaction fails to proceed through 3DS 2.0 due to missing user browser data, and the merchant claims to have sent all required information, you can quickly review all relevant details having to create a support ticket.
• Added new filters to the ‘Payments’ section. These new filters, including 'Commerce account', 'Payment provider', and 'Payment method', provide you with better flexibility and precision in your transaction searches.
• Approval code in Payouts and Payout statements. We've incorporated Approval codes into Payouts and Payout statements, offering valuable insights into transaction context from the banks' perspective. This additional information aids in understanding transaction statuses and resolving any related issues effectively.
• Card gateway transactions cross-navigation. Now, each entity (invoice, request, payment) features cross-references with clickable links to one another. This enhancement simplifies navigation through the linked entities within the transaction lifecycle.
• Added 21 new integrations including Exactly (payment gateway), Budpay (payment gateway), and FacilitaPay (payment gateway). We also made 85 upgrades or updates to existing integrations.

Networking

Our Co-founder and CBDO Den Melnykov attended Merchant Payments Ecosystem⁠, Europe's largest payment acceptance conference, in Berlin. It was an excellent opportunity to connect with industry leaders and gain fresh insights!

Team

In March, we welcomed two new specialists to our Development and Customer Success teams. Wishing them a fantastic start! Explore our available job opportunities⁠, and let's shape the future of fintech together!

Stay tuned 📢

Welcome to the February edition of Corefy's monthly updates ❄️

Despite being short, the last winter month turned out to be quite fruitful. Check what our team has been up to.

Platform updates

• Payment gateway turnovers for merchant accounts. We enhanced the turnover configuration capabilities, adding absolute and relative periods and the possibility to include a certain amount of non-finalised transactions into the calculation. This update provides our clients with increased flexibility to configure their turnover limits, allowing them to accommodate pending transactions while still adhering to the requirements of their payment providers and acquirers.

• Firewall manual moderation action. We have introduced a new feature in the Payout gateway Firewall moderation called ‘Manual moderation action’. With this enhancement, instead of blocking or accepting suspicious transactions outright, the system will send them for manual moderation. This approach helps prevent false positive Firewall activation and increases the efficiency of payment acceptance. For example, when a user's name coincides with that of a sanctioned person, manual moderation allows managers to conduct an additional check before confirming or denying any potential match.
• Firewall list items management upgrade. Users can now upload up to 200,000 list items at once. With this Firewall list items management enhancement, you can handle and manage bulk uploads more efficiently. Please note that due to the increased volume, the uploading process may take several minutes.
• Card gateway hosted payment page new iframe events. With this enhancement, merchants can now gain better visibility into the events occurring on the payment page when accessed via an iframe. This improvement allows them to understand the current stage of their users' journey more accurately. The newly added events include opening the status page, opening the payment page for repeated payments, and opening an OTP authorisation page (if it’s on our side). By tracking these events, merchants can have a more comprehensive understanding of their users' interactions and take appropriate actions accordingly. This upgrade enhances the overall payment experience and provides valuable insights to optimise the payment flow.
• Added 25 new integrations and made 106 upgrades or updates to existing ones.

Networking

In February, we had an amazing opportunity to showcase Corefy at ICE London, the leading gaming technology event. Also, our representatives visited SiGMA Eurasia in Dubai to engage with leaders in the gaming, betting, and esports industries. We were excited to participate in these remarkable gatherings that drive innovation and collaboration in the gaming technology sector.

Look at how it all went:

Something to read

Whether you're scaling up, venturing into new markets, or refining your payment processing, evaluating and choosing a payment provider that perfectly aligns with your business goals might be an intricate mission. Aiming to facilitate it for you, we created a Payment provider evaluation checklist⁠.

Our Co-founder & CEO Denys Kyrychenko developed the payment maturity level model⁠ – a conceptual framework to help online merchants navigate the complexities of payment processing. Understanding your company's position within this model is essential to optimising your payment operations. To facilitate this self-assessment, we've developed a quick 7-question quiz⁠ that enables businesses to gauge where they stand in the payment maturity spectrum and identify improvement areas.

Team news

We welcomed 5 new specialists who joined our Development, QA, Integrations, and Customer Success teams, further strengthening our commitment to excellence. And we keep expanding, check our current job opportunities⁠.

Additionally, we're proud to share that we participated in a charitable initiative and raised over 600,000 UAH⁠ to support our military forces.

We keep improving and developing our platform, and we bet spring will bring a wealth of exciting news!

Thanks for staying with us,

Corefy

Can you believe it’s already 2024? As always, the start of a new year brings a sense of inspiration and determination to achieve new heights. Take a look at how we spent January!

Platform updates

Here’s how our Development team improved Corefy’s platform this month:

• Implemented Delayed charges. Now, you have the opportunity to divide card payments into 2 stages – authorisation and charging. This is particularly helpful for high-risk businesses and merchants who have user verification in place. Please note that the availability of this feature may vary from your provider.
• Routing by ‘Customer Turnovers’. This update allows you to route transactions by Merchant Customer ID, both within the entire organisation and within a single commerce account, as well as by Individual Tax ID. This enhancement will simplify the fulfilment of regional or local regulatory requirements.
• Entity Status management: schemes and addons now have a ‘Status’ attribute. It’s now easier to remove irrelevant schemes and addons, for example, when cooperation with the merchant has ended. This attribute will also help to reduce human error risks associated with incorrect routing settings. Every new scheme is assigned the ‘New’ status and must be reviewed and activated before launching processing.
• Added customer attributes with dynamic configuration to our Card gateway hosted payment page. You can now add customer parameters to the HPP and manage whether they are mandatory. Newly added options include country, city, postal code, street, and others.
• Payout gateway deposit account balances logs. Logs of requests to update the balance of the provider's deposit account are now visible on the Dashboard. This update will help you keep track of your payout transactions more efficiently.
• Added 10 new integrations, including popular regional options like UAPay, RazorPay (payment gateway), and Kora (payment and payout gateway). Besides, we made 72 upgrades or updates to existing integrations.

Gearing up for ICE London

Corefy team is getting ready for ICE London, a prominent global gaming and gambling event, taking place at ExCeL London from 6th to 8th February 2024.

We've prepared something interesting for you to look at 👀

Intrigued? Meet our representatives at stand N5-460 to explore the potential of this powerful solution!

Team

Our Business Development, HR, and Customer Support teams welcomed 6 new talented specialists in January!

By the way, we’re still hiring – explore our career opportunities⁠.

Wish you a great time and look forward to sharing more exciting updates in the future.

Stay tuned!

Happy winter holidays 🎄

We have already wrapped up all our major updates and achievements of the year⁠, but this is our traditional set of updates for December.

Platform updates

Apart from minor improvements, our Development team has implemented two updates that make payment processing for our clients more convenient and efficient. Check them out:

• New CardGate UI and additional merchant account routing filters. We’ve refreshed the UI, making it more intuitive and adding new configuration possibilities. Moreover, we’ve added new dynamic attributes to routing filters that allow merchants to segregate their clients' transactions according to the number of payments made by a certain client or with the use of a certain card and route them even more efficiently.

• Direct ApplePay decrypt service. We've added the ability to configure the merchant name displayed in Apple Wallet transactions on a user's device to improve customer experience and brand trust.
• The number of ready-made integrations on our platform reached 400. We have been diligently integrating new payment providers and acquirers the whole year, and in December, we celebrated a significant accomplishment by reaching a new milestone of 400 connections.

Team news

We are excited to announce that our company is growing! Our Development and Customer Support teams welcomed 6 new talented specialists in December, and we keep hiring. We are thrilled to share that our company keeps expanding! Explore our job opportunities page⁠ – perhaps you are the ideal candidate to join our team or know someone who is.

At the end of December, our team came together to celebrate the winter holidays and to connect with one another. We had an amazing Great Gatsby-style party and felt the team spirit through fun and meaningful activities.

Thanks for being with us in 2023, and let’s make 2024 great together!

Your Corefy team 🤓

It’s beginning to look a lot like…winter!❄️

As we head into the holiday season, our Corefy team has been hard at work making some exciting updates. Check out our November wrap-up.

Platform updates

Here are some highlights of what our Development team accomplished this month:

• Added the possibility to set up a refund fee. Now, besides the payment processing fee, you can configure a refund fee. Similar to the chargeback fee, they’ll be debited from the merchant in the event of a refund.
• Integrated a chargeback/refund fee into the route fee set. Previously, the route solely included a payment processing fee; however, it now encompasses route-specific refund and chargeback fees. This enhancement provides the capability to automate monetisation for refunds in a more flexible way.
• Added 20+ attributes to Descriptor and Description templates. The newly added attributes cover more customer, commerce account, and transaction data, including metadata.
• Implemented payment transaction routing fees to Analytics. This improvement makes it possible to calculate the approximate margin of transactions, taking into account processing fees and payment routing costs.
• Added 13 integrations and made 60 upgrades or updates to existing ones.

Feel free to ask your dedicated Manager for more info about any of the points.

Networking

This month, we had an amazing opportunity to showcase at SiGMA, one of the largest iGaming events globally. Our representatives were really busy engaging with industry experts, forging valuable connections, and acquiring new perspectives.

Look at how it all went:

What’s on ‘Payment agenda’?

We released the 5th episode of Payment Agenda featuring Paul Foster, founder & CEO at Crucial Compliance 🎬

Tune in to gain precious insights into European & US gambling regulations. Discover strategies for achieving optimal regulatory compliance, explore the relationship between technology and gambling, and delve into a myriad of other compelling topics!

Decoding Gambling Regulations

Watch

Team

Our team has got 4 specialists bigger! And while they're onboarding and exploring the nuts and bolts of the platform, we're inviting you to check our list of available positions⁠ and apply.

Thanks for staying with us,

Corefy

As autumn is taking its final lap, we’re excited to share our October recap with you. Explore our latest updates 👇

Platform updates

A bunch of technical updates and upgrades have been made this month. Here’s what our Development team has been up to:

• Implemented Card Bindings or featured merchant account for card. If a transaction is successfully processed through a specific MID, the system automatically binds the card and that MID and assigns the highest priority to it in the payment routing scheme. By using card bindings,⁠ businesses can significantly reduce the number of declined payments and increase conversion rates.
• Introduced the H2H Apple Pay feature (Web). From now on, merchants can place the Apple Pay button wherever they want on their website and give it a touch of their brand's personality (aligned with Apple’s guidelines). The H2H Apple Pay feature⁠ eliminates the hassle of redirecting to external payment pages when paying via Apple Pay, adding convenience to customers' payment experience.
• Enabled the configuration of Commerce account options per payment service. Now merchants can adjust their setup according to different payment options, including the following models: turn on the ‘Remember me’ feature only for card payments via a certain currency, and turn it off for others due to regional specificities; apply different HPP designs for card payments and Apple Pay payments; allow to process partial payments via certain options (e.g. in Bank Transfer Invoicing, when a user deposits a part of the sum); turn off repeat payments for H2H integrations and enable them for alternative payment methods to boost conversion.

What’s on ‘Payment agenda’?

In October, we’ve released three new episodes of our podcast series⁠. Our seasoned speakers delved into a wealth of knowledge on topics ranging from payment data to the boundless potential of blockchain technology beyond cryptocurrencies. They also explored the fascinating applications of distributed ledger technology (DLT), tokenisation, and VR. If you haven't had the chance to watch them yet, now is the perfect moment to do so:

• Online Gambling Fraud Exposed: Mike Ferrier MBE on Payment Agenda⁠
• Maximising Revenue with Payment Data: Keren Aviasaf on Payment Agenda⁠
• Blockchain, VR, and the Future of Payments: Nick Hill on Payment Agenda⁠

Also, we remind you to follow the link and check our fintech comic book Mr. Baker’s adventures in the world of payments⁠.

Team news

In October, our Development team welcomed five new specialists. We wish them a great start and keep expanding our team. Follow the link⁠ to discover our current job opportunities, and join us or share the vacancies with your friends.

See you in a month, stay in the loop 🙌

Autumn leaves, autumn breeze, and autumn-ready Corefy! Join our September updates to explore all the new features and achievements.

Platform updates

Our Development team implemented several technical updates and upgrades this month.

Here’s what’s new:

• Enabled Commerce Account key rotation. Expired or compromised keys are no longer a problem. Now, you can easily replace your API or signature keys with new ones by clicking the “Rotate” button. This feature will help you reduce security risks.
• Added the ability to cancel Rolling Reserves. Previously, our system had a function solely for unreserving, which involved returning frozen funds to a merchant. Now, organisations can cancel a portion of the rolling reserve. The remaining funds can be either unreserved or retained within the rolling reserve.
• Enabled the creation of payment invoices in the Processing currency in the Dashboard. Previously, you could choose to create an invoice in the account currency or the processing currency only through the API.
• Added 20 integrations and made 72 upgrades or updates to existing ones.

Networking & sharing the expertise

We actively participated in the iFX Expo⁠, a leading B2B fintech event, where we engaged with industry experts, showcased our platform, and forged partnerships. Additionally, Miguella, our APAC representative, attended SPiCE Philippines, a gathering of gaming and betting industry leaders in Southeast Asia.

Look how it all went:

And there’s more! Our CBDO Den Melnykov joined the Sumsub webinar 'Securing the Game: How to Mitigate Fraud Risks in Gambling⁠'. He shared his expertise on prevalent gambling fraud types and delved into the specific regulatory landscape surrounding this issue.

Team

We’re excited to welcome two new team members to our Corefamily! Joining us are a Business Development Manager and a Team Lead for our Processing team. Wishing them a great start and many achievements ahead. By the way, we’re still hiring – explore our career opportunities⁠.

What about some adrenaline-pumping teambuilding activities? Our recent karting racing was a fantastic experience that fostered a sense of unity through the thrill of competition and shared victories.

As we step into the first autumn days, our team is thrilled to present a recap of our latest achievements and updates.

Platform updates

In the scorching heat of August, Corefy's development team kept on working productively to make our clients' payment processes even smoother. Look what we’ve been up to:

• Upgraded add-on setup and management by adding more opportunities and improving the UI. No more need to deal with JSONs and file encodings to set up or manage your addons – just use convenient and intuitive toggles, buttons and uploaders.
• Allowed to configure integration behaviour for provider accounts on payment and payout gateways by changing the possible connection options. For example, our clients can now choose to transfer additional data or not, change callback processing behaviour, and decide whether to finalise the transaction when getting a specific status code from the provider. The set of configurable options depends on the provider.
• Firewall, our fraud mitigation solution, can now use external services for additional information or decision-making. For example, if you already work with such a service, you can use its sanction lists and decision rules.
• Added 12 new card gateway routing metrics for Commerce accounts and card data related to turnover and the number of Commerce account transactions per card number. With this update, our platform's total number of available routing attributes exceeded 100! Besides, the list includes a Metadata attribute, which allows you to form the attribute yourself and route transactions based on whichever parameters from your or your sub-merchants system you need.
• Added 17 new integrations and made 84 updates, fixes, or upgrades to existing ones.

Networking & partnership

We’re preparing the new episodes of our Payment Agenda podcast series. Our Co-founder & CBDO, Den Melnykov, had insightful talks with the industry leaders to gather insights for you. Stay tuned for the upcoming release.

Still haven’t seen our first episode⁠ about the current and forthcoming regulatory changes in online gambling payments for 2023? It’s the perfect time to do it.

Team updates

We started the month with an invigorating team-building event under the warm summer sun. It brought our dedicated team together, fostering camaraderie and collaboration.

Stay tuned, there's more to come!

How's your summer going? Despite the laid-back season, we at Corefy have some exciting news and accomplishments to share with you. Sit back, and let’s dive into our monthly updates for July 🍹

Platform updates

Our Development team had a fruitful time. Here is what they achieved:

• Added CardGate Merchant account routing filters. Acquirers often assign MIDs with specific feature restrictions like 'card issuer country', 'merchant', or 'card network'. Handling these restrictions requires intricate traffic separation during transaction routing. As the number of restrictions on a MID grows, formulating scheme rules becomes more complex, resulting in numerous rule combinations. Now, you only need to set the routing parameters in the merchant account once. The system will automatically apply these parameters to all routing schemes, saving time and reducing human error during configuration.
• New attributes in CardGate modifier scheme. The 11 newly added attributes include auth 3DS mode, payment flow, client country, card network, card ID, and more.
• CardGate basic HPP is now more customisable. We added the ability to customise background colours, font and button colours, labels and icon styles, and more. Don’t hesitate to contact your account manager and learn more about new style options.
• Increased invoice lifetime. The maximum limit and payment status check have been extended to 5 days, giving your customers more time to settle the issued invoices using non-realtime payment methods.
• Added 14 integrations and made 76 upgrades or updates to existing ones.

Your dedicated manager is always ready to assist you or provide more details on each update.

Events

The summer networking season is in full swing, and we've been making the most of it! ✈️ This month, we had the opportunity to attend two major gaming events: SiGMA Asia⁠ and iGB L!VE⁠. Our representatives Oleg and Miguella were really busy networking with industry leaders and gathering cutting-edge insights along the way.

Team

We're thrilled to welcome two new specialists on board: IT Recruiter and Frontend Developer. Wishing them a fantastic start and many achievements ahead!

As they embark on their onboarding journey, we invite you to explore our list of currently available positions⁠ and submit your applications.

Have an unforgettable August,

Corefy ☀️

Welcome to the season of vacations 🍹

While you’re sipping on some espresso tonic, we want to share our noteworthy accomplishments of June.

Platform updates

Our Integrations and Development teams had a very fruitful time. Have a look at what we’ve been up to:

• Added an opportunity to enable conversion for all payout services. Earlier, it was possible only for the card. This way, an organisation can save up without changing integration for sub-merchants. All it takes is to enable conversion on the routing level according to the transaction or account context.

• Enhanced Analytics by adding tables with add-ons to the data source. It allows clients to build reports based on the add-on data. For example, clients using the Receipts add-on can create a report on how often users downloaded receipts; those using the NBU registrations add-on can get a statistical comparison of different registrars or aggregated reports for reconciliation with the registrar; and much more.

• Increased the download speed for Commerce reports. Our clients will now download them as ZIP files containing compressed reports in CSV or XLSX formats.

• Allowed to configure integration behaviour for H2H provider accounts on card gateway by changing the possible connection options. For example, our clients can now choose to transfer additional data or not, choose which OTP mode to use, change callback processing behaviour, and decide whether to finalise the transaction when getting a specific status code from the provider. The last option is useful when no clear resolution exists in the API protocol.

• Added 22 new integrations and made 98 updates to existing ones.

Networking

Greetings from Bangkok 🇹🇭

Alongside celebrating his birthday, Den Melnykov participated in the prestigious iFX EXPO Asia, the world's largest financial B2B exhibition.

Our July will be jam-packed with conferences as we have at least two events lined up: our Oleg⁠ will attend iGB L!VE in Amsterdam, and Miguella⁠ will be happy to talk payments with you at SIGMA Asia in Manila. See you!

Team

In June, our Design, Development, and Marketing teams expanded with the addition of four talented specialists. Let's extend our warmest welcome to them as they embark on their exciting journey with us.

As usual, we share all the freshest updates on our social media pages. Have a look at daily life at Corefy on Instagram⁠, and have fun with us on TikTok⁠ 🤪

Wish you a great time and look forward to sharing more exciting updates in the future.

Stay tuned!

Are you ready for the season of sunbathing and refreshing cocktails?🍹 Then it's time to say goodbye to May, which turned out to be quite productive for our team.

Platform updates

Here’s how our Developers improved Corefy’s platform this month:

• Made the ‘Expose internal data’ Payout invoices option configurable. Previously, our clients could enable or disable the additional API response and callback data set. Now they can decide which fields to include and which to hide for a particular Commerce account.

• Added support for taxes — VAT. This option allows adding the VAT amount to the invoice before calculating fees. It can be configured in the Taxes section of the Commerce account settings. Our clients can select currencies and the category of goods or services to which VAT should be applied. Managers can see current VAT rates across all EU countries, both standard ones and for the selected category of goods or services.

• Enabled processing of partial amounts for Payments. This option is useful for invoicing when users see payment requisites and amounts and make money transfers independently. If they transfer less money than the invoice amount, merchants can now decide whether they want to process such transactions.

• Designed a universal Card gateway OTP authentication page. Our clients that use customised HPPs without the OTP page design can now use this default design until they decide to develop their own exclusive theme for the authentication page.

• Rolled out major Card gateway routing attributes naming and sorting update. We renamed some attributes to make them more intuitive and sorted them by category to make searching for and selecting the needed attributes more convenient.

• Added 14 integrations and made 109 upgrades or updates to existing ones.

Don’t hesitate to contact your account manager for more info about any of the updates.

Media coverage

We have an exciting read for gambling industry players! Our Co-founder & CBDO Den Melnykov shared precious insights into the complex world of gambling regulations and market dynamics in his article⁠ for Fintech Review.

Networking

From 17 to 18 May, Den Melnykov attended the major event for traders and investors in the Middle East – Forex Traders Summit Dubai⁠.

We look forward to meeting you at forthcoming industry gatherings! The next on our schedule is iFX EXPO Asia, taking place on 20-22 June in Bangkok.

Team

The end of May is a perfect time for engaging in teambuilding activities! Recently, our team members showcased their skills and competitive spirit at a vibrant Ukrainian-style party with contests and workshops. It was incredible to see everyone fully engaged and supporting one another throughout the challenges.

Thank you for staying with us!

Corefy

Cheers to a sunny season, and welcome to our April updates 🌸

Platform updates

This month, our team implemented a series of technical updates and upgrades, enhancing our platform’s functionality and performance. Check out what we’ve done:

• Added the possibility to set up the processing fee in the specific payout route. It allows to dynamically calculate the merchant's commission depending on the route through which the transaction was processed. Please contact your account manager to configure this feature correctly.

• Expanded the list of routing and Firewall attributes. Card gateway, payout gateway, and Firewall schemes now support the cardholder attribute and ‘is empty/is not empty’ logical operators, which will be useful when data availability in a particular attribute is crucial to decide how to route the traffic. Besides, there are now 32 new dynamic attributes for the payout scheme that are based on the variations of the following metrics: card PAN, Commerce account or within the whole organisation, transaction status, and specific time range.

• Implemented manual rolling reserve. Previously, our clients could form a reserve by taking a certain percentage of money from each transaction. Now, it is also possible to manually reserve a particular amount directly from the merchant’s active balance.

• Enabled specifying Commerce API and Commerce Checkout white label domains for each Commerce account individually.

• Added deep linking support for payments’ return URL. This opportunity is valuable for clients having a large share of mobile payments. It allows for opening a selected section or calling an app function after finalising the payment. One of our betting clients uses this functionality to automatically display the ‘Make a bet’ screen to users after they’ve topped up their account. The amount they’ve deposited is used as a suggested bet size.

• Added more flexibility to the Balances feature of the Merchant portal. You can now configure the information and features available to your merchant. For example, you can disable all the Balances functionality, enable only the Balances widget, or enable both the widget and the ability to view and/or create balance transactions.

• Enabled archiving of the Commerce account balance in the currency you no longer work with. We will extend this functionality to the Commerce scheme level in the future.

• Added 14 new integrations, including card gateway integrations for Centiwise, Katarun, Futuritypay, Apcopay, PaytoneGate, Polyana; payment gateway integrations for Connpay, Klasha (M-Pesa), Rumbapay, PaytoneGate, BlaBlaPay; payout gateway integrations for UBankConnect and Connpay. Besides, we made 99 more minor updates to existing integrations.

Don’t hesitate to contact your dedicated account manager to find out more about any of these points.

Sharing the expertise

April was marked by the launch of our branded educational podcast and webinar series ‘Payment Agenda’.

In the first episode⁠, our Co-founder & CBDO, Den Melnykov and the Founder of BPY Services, Dan Lagémi, delve into the current and forthcoming regulatory changes in online gambling payments for 2023. We’re already working on new episodes, so stay tuned!

Something to read

There is never enough educational content, so you’re welcome to deepen your knowledge in all things payments 🤓

Our Co-founder & CTO, Dmytro Dziubenko, shared Corefy’s experience deploying a payment processing infrastructure to Amazon Web Services⁠ on Hackernoon.

We’ve also issued some new articles on our blog:

• How to start a crypto exchange business⁠
• ISO/MSP guide: what everyone ought to know⁠

Corefying around the world

Den Melnykov joined the first Enablers Breakfast Forum at Visa HQ in London. The event provided an exclusive platform for payment industry leaders from around the world to convene and share their experiences, insights, and innovative approaches in the ever-evolving world of payments.

Expanding our team

In April, Corefy welcomed two new teammates – a Product Manager and a Business Development Representative. By the way, we’re still hiring – explore our career opportunities⁠.

There’s more to come, so stay tuned!

It's spring — a time of excitement and new beginnings!🌱

So let's recap how we've spent the first month of this inspiring season.

Platform updates

Here are some of the most notable improvements that our Development team has worked on in March:

• Added an opportunity to create Payment Invoices in the processing currency. When working with currency conversion, this opportunity allows you to specify the transaction amount in the currency of the payment service while our system calculates the respective settlement amount in the merchant's balance currency. It helps avoid the complexity of additional conversions and real-time conversion rate fluctuations when the user chooses to pay in a currency different from the merchant's balance currency.
• Expanded the Transaction report by adding more customer data, including customer address, individual tax ID, birth date, etc.
• Enabled localisation of card gateway hosted payment page (HPP) to not just the language but also language-region combination (for example, en-US, en-GB, es-AR, etc.). The relevant HPP locale is automatically detected using the customer's browser data.
• Added the opportunity to enter card PIN on the card gateway hosted payment page (HPP). This option will come in handy when accepting payments in African countries. Please let your Account Manager know if you need it tailored to your HPP theme.
• Implemented the ability to upload receipts after the payment on card transfer HPP. Some payment providers require it.
• Upgraded the addon for registering transactions at the National Bank of Ukraine. We designed the new transaction list that displays additional details on every payment or payout, such as IDs, processing status, resolutions, attempts count, etc. Moreover, we improved data export to facilitate the work of Support and Operational Managers.
• Added 20 new integrations, including card gateway integrations for Epro, PinPay, Plan B Pay, PayLama, Klasha (OTP flow); payment gateway integrations for Pay2play, Unlimint (PayPal), Payport; payout gateway integrations for MaldoPay, Trustly, AgentGlobal. Besides, we made over a hundred of more minor updates to existing integrations.

Events

March turned out to be quite productive for our team in terms of travel and networking ✈️

We had the opportunity to attend two major gaming events: the SiGMA Eurasia expo in Dubai, United Arab Emirates, and the ASEAN Gaming Summit in Manila, Philippines. Both events were packed with industry insights and valuable connections.

Media coverage

Our CTO Dmytro Dzubenko shared Corefy’s story⁠ and retrospective on setting up the payment processing infrastructure in Amazon Web Services (AWS) with Hackernoon.

Team

Our team is actively expanding, with the Front-End Developer and Integration Manager already on board. But we still have many hot job openings; check them out on the Careers⁠ page!

Wishing you a fantastic spring,

Corefy

Bidding farewell to the chilly winter months, we welcome the arrival of spring, a season of new beginnings and fresh opportunities 🤩

We gear up for the productive time ahead and want to share our updates as of the end of winter. Let's see what we've got for you.

Platform updates

Despite the shortest month in the year, our Development team had a fruitful time. Here is what they've shared with us:

• Hotjar support on CardGate HPP. We've added this to help you gain more insights into your customers' behavior on the payment page to improve its UX.
• New attributes in CardGate routing. The 19 newly added attributes include daily metrics based on customer, status, card account, and payment method.
• New attributes in API transactions data. They include extra CardGate data and Extra Provider original data to help merchants get more analytics insights.
• Increased rolling reserve limits. Now it's possible to withhold 100% of the sum for the delayed settlement. We've also made the rolling reserve configuration more user-friendly – now, its lifetime can be set in hours, days, or months.
• Reports timezone. Added an opportunity for your managers to choose a custom timezone while creating manual Commerce reports in Dashboard.
• Current turnover value. From now on, it's possible for merchant and deposit accounts to see the current turnover value both for payments and payouts in their Dashboard. Thanks to this, the support will see that this account is no longer available for processing or how much turnover is left before the account is disabled.
• Payment route processing fee. Added the possibility to set up the processing fee in the specific route. This makes it possible to dynamically calculate the merchant's commission depending on the route of the provider through which the transaction was processed. To correctly configure this feature, we recommend contacting your account manager.

Networking

Our representatives also had the opportunity to attend two major conferences in the industry – TES Affiliate Conferences and ICE London. Both events proved to be incredibly fruitful, with our team members making valuable connections. At TES Affiliate Conferences, our representative Oleg engaged in networking with key players in the affiliate marketing industry and gained insights into the latest industry trends and best practices.

Team

Work hard, play harder! This month we held a table tennis championship in our R&D office in Kyiv, Ukraine. It turned out there are real professionals on our team! Also, there was a small team-building party in Cascais, Portugal, where our colleagues met due to their business trips. Visit our Instagram page⁠ to have a sneaky peek at our team's life and see the photos from these events.

That's what our February was like. Wishing you a warm and vibrant start of spring 🌷

You know that feeling when the new year begins? Each January you’re charged with productivity and feel like there is so much to accomplish? It's the same for us 🙌

With the first month of the year drawing to a close, we are excited to share our progress. Grab your warm drinks and let’s get started.

Platform updates

Here are some highlights of what our Development team accomplished this month:

• User management improvements. We’ve added the 'Copy invite' button, which allows Dashboard and Merchant Portal admins to copy the invitation link and send it to members in a few clicks. This is a convenient option when the main email invitation didn’t reach the recipient for some reason.
• Added new customer attributes: individual tax number and date of birth. Some providers require this data for enhanced security and payer identification in particular countries.
• It’s now possible to terminate incorrect or outdated payout invoices on the Merchant portal.
• Added the ability for card gateway Direct Apple Pay users to display custom name in user’s Apple Wallet instead of Apple Merchant ID.
• Our HPP security check on user return is now configurable on request.
• Added the 'Refund' button to the Merchant portal. To enable it for the merchant, visit Commerce Account → Merchant Portal → Features.

Please contact your account manager for more info about any of the points.

Integrations

Our Integrations team added 8 new connectors and made 61 upgrades of existing ones 🦾 The list of new options includes card gateway integrations for PayPal, UnionGate, Unonapay, USBXPAY, NummusPay, Payabl and payments for AlycePay and Cryptomus.

Getting ready for ICE London

We’re getting ready for ICE London⁠, one of the largest gaming events taking place from 7 to 9 February 🎮

If you're attending the event, schedule a quick meeting⁠ with our CBO Den Melnykov. We'd love to meet in person and discuss how we can work together.

Stay tuned for more articles and news!

Happy New Year! 🎁

We've already shared our achievements of 2022 in a yearly wrap-up⁠, but it would be unfair to leave December without a dedicated post.

So, here is our summary of last month's work.

Platform updates

Aside from code refactoring, our Developers spent December working on UX improvements and implementing new functionality.

Merchant Portal updates

• Merchants can now create deposit and withdrawal requests. One example of a use case is when a merchant makes a bank transfer to the platform. They can now use the Merchant portal to create a corresponding request, indicating the purpose of payment or requisites. It will make it easier for the platform's manager to connect the receipt of funds with the transaction.
• Added the "New transaction" button to the header to reduce the time required to create a transaction. Generally, it allows for creating payment & payout invoices, deposits, withdrawals and transfers. The available options depend on the user's role permissions.

Routing updates

• Added search to the decision tree. You can browse across the following categories: all, strategies, attributes, merchant accounts, and payment providers. It makes analysing and working with complex schemes more convenient, including the position of MID in the cascading, using the same MID or attribute in different parts of the scheme, etc.
• Added accounts search to the "Add accounts" option of the routing strategy setup. This benefits platforms and merchants working with multiple MIDs, like ISO/MSPs. Such companies have numerous MIDs at various providers. Among other things, the update enables them to add only particular merchants' dedicated MIDs to the strategy, preventing operator errors.

Integrations

• Added 21 new integration. The list of new options includes Noda (payments, payouts, card gateway), OdeonPay (payments, payouts); card gateway integrations for Localpayments, Cardinity, Gate2way, SpartaPay, BlaBlapay and Kluwp; payments for Vevopay, Whitepay; payouts for Maxpayment, GateExpress, PayPlanet; and many others.
• Updated 65 existing integrations.

Feel free to ask your Account Manager for more information about the platform news.

Media coverage

December was rich for media coverage.

Many outlets, such as MarketWatch and Benzinga, shared our news of crossing the 250 ready-made integrations⁠ milestone and launching the Apple Pay token decryptor⁠.

Popular Ukrainian tech media AIN wrote an overview of how the country's IT companies cope with work amid war and blackouts. They interviewed our CEO Denys Kyrychenko⁠ about the work of our Kyiv team in these conditions.

Besides, Corefy has been included in another payment industry study — the White Label Payment Gateway Market Analysis⁠ by QYResearch Group.

We're grateful to everyone spreading the word about our company and, of course, to the team whose work makes us newsworthy!

Team

The highlight of December for us at Corefy was our team gathering for the yearly summary and New Year celebration. Here's our postcard photo!

We have another year to figure out how to fit all the teammates who joined online into the photo 😄

Have a great year,
Corefy

As we hear New Year music blasting in colleagues’ headphones, it's time to welcome the winter and wrap up the progress made in November. Hop on!

Development

Our Development team made some of the biggest November achievements possible. Shortly after launching the Apple Pay token decrypt service⁠, they announced that the number of ready-made integrations on our platform exceeded 250 🔥

Here are some more platform updates:

• Added an opportunity to switch between 6 or 8-characters BIN to route card transactions, mainly VISA and Mastercard. In the case of choosing the 8-characters option, there's an automatic fallback to 6-characters BIN if there's no 8-characters BIN in the BIN base.
• Designed new hosted payment pages for bank transfers and wallet invoicing (QR and DeepLink (mobile)).

• You can now create and edit Batch payout items directly on the Dashboard. Your merchants can also do it in the Merchant portal.
• Added the ability to generate signature keys in the Merchant App.
• Added new card gateway routing attributes: card ID and Expires. You can find the card ID in the Card gateway operations section on the Dashboard. The Expires attribute will come in handy to process Ukrainian cards because banks extended their validity period without changing the expiry date. Not all acquirers accept such cards, so it's better to route them to the ones that do.
• Added new fields in the responses (original data now has more attributes) and more card gateway events to the Activity log (payment scheme and routing rules editing, manual transactions management, etc.).

Your dedicated Manager will gladly provide you with more details on each update.

Networking

Another highlight of last summer was SiGMA Europe, the world's leading event for iGaming, betting & esports industries.

It's been a pleasure for our representatives to meet everyone in Malta, visit dozens of booths and welcome visitors to ours, and build new connections. Big thanks to the organisers for this opportunity and to everyone we've met!

Team

More than a year ago, we set up an Instagram profile⁠ to introduce our wonderful team to the world and share the highlights of a techfin company's daily life. This time we decided to spice up the team's everyday life by getting on TikTok! See @corefyteam⁠ to feel our vibe 🌞

Wishing you warm and happy holidays,
Corefy

When all you see looking through the window are warm autumn colours, it means October is already over, and it's time to summarise everything this month has been filled with.

For us at Corefy, October was full of business collaborations, networking, and development activities. Keep reading to learn more!

Getting ready for SiGMA Europe

Our team is very excited about SiGMA Europe, which is taking place on 14-18 November. If you're also coming to Malta for this major gaming industry event, see us at booth BR123!

As you're packing up, the tip our CEO Denys Kyrychenko shared on his LinkedIn⁠ may be pretty helpful 👀

Development

Our Development team has several important updates to share:

• Business day closure addon. This new service allows our clients to send the bank the API request for business day closure.
• New decision tree mechanics for card gateway, payout gateway, and firewall. We've made working with decision rules and managing large schemes more flexible and convenient. You can now swap branches, shift them down, and add new rules inside the large scheme.
• Apple Pay token decrypt service⁠. This service allows our clients to decrypt Apple Pay tokens and transfer the card data to the providers instead of transferring tokens. It provides our clients with more routing opportunities with the same flow while the mechanics remain unchanged for the customer. Our clients can use their own Apple Merchant ID and payment processing certificates to decrypt the tokens independently of the payment provider.
• 8 new connectors and 89 updates of existing ones. The list of new options includes payments for Swiffy, Litepay, Yapily, SKPay, Poli, Zepto; payouts for Fenige and TrustPayments; and card gateway integrations for APS, THE NOY, and Amazon Payment Services.

Your dedicated Manager is always ready to assist you or provide more details on each update.

Partnerships

One of the most heartwarming achievements of our team last month was taking part in the fundraising to restore the homes of Ukrainians⁠. Thanks to the team's productive work, Corefy has made a 600 thousand UAH donation to the NEST initiative to provide a modular house to a family who lost their home due to the war. The house will be equipped with everything necessary for living and installed on the family's lot in Makariv, Kyiv region.

We've also shared the news about Corefy collaboration with SHALB⁠, a DevOps outsourcing company. With their help, we've successfully migrated the infrastructure to Kubernetes. It is a decisive step in our product development, allowing us to bring more value to our clients.

So, we keep improving and are not going to slow down 🚀

Stay tuned!

Let's welcome a new season with a cup of latte (an iced one if it's still summer-like warm where you are) and a new edition of Corefy monthly updates.

Just yesterday, we found out Corefy was named Payment Solution of the Year 2022⁠ ⭐️ Thanks to everyone who works with us or supports us. It's you who drives our growth!

Earlier in August, we got a chance to represent Corefy in Singapore. Miguella Salaya, our APAC Business Development Manager, went there for G2E Asia, the region's largest gaming and entertainment event.

Development

Meanwhile, on the other side of the globe, our Kyiv teammates made notable progress in our platform development.

Here's the list of platforms' updates in August:

• Our Integrations team added 7 new connectors and made 80 upgrades of existing ones. The list of new options includes payments for PayWise; payouts for VirtualPay; and card gateway integrations for Revolut, Payrun, GateExpress, AnyMoney, and Billing.CX.
• We added plenty of new routing attributes for the card gateway. The new attributes comprise various combinations of the following parameters: customer, auth type (CardGate payment method: Card, GooglePay, ApplePay, Masterpass), status (success, failed, all), and period (month/all-time).
• For card transactions, we've added new info regarding verification to the Dashboard and API responses. The new info shows whether the verification took place; if yes, then what type was used (for example, 3DS or OTP); and if it was 3DS, it shows the protocol version. Ask your Account Manager to update your providers' integrations if you'd like to see this info.
• We're working on the functionality for dynamic usage of both 6- and 8-digit BINs for card routing.
• You can now sort the Dashboard logs by time.
• We added an option to re-apply statements on the Dashboard. It allows creating a new statement by duplicating the data of the previous one.
• CardGate now allows hiding real ACS URLs for H2H merchants and a user reference page (merchant website) for Acquirer and Issuer. It will be replaced by a CG payment page with an automatic ACS redirect if the CardGate option "Hide auth payload for H2H" is enabled.
• Many more minor Dashboard UX and data upgrades.

Feel free to ask your dedicated Manager for more info about any of the points.

Team

Our team has got 4 specialists bigger! But we keep growing and are currently looking for a Technical Support Specialist and Business Analyst to join our team! If you know someone who may be interested, please share this link⁠ with them.

To give you some context, here's our Recruiter Anna and some of her wonderful hires 🌞

Something to read

As our team finished working on a customer journey map, our CEO Denys Kyryrchenko decided to share the insights we've discovered with Finextra readers. Give his article a read⁠ to learn more about mapping and our experience with it.

Last month, we also rolled out the FinTales series. These are three articles in which Ivan, our Lead Product Architect, explains how payments work and who is who in the industry on digestible examples. Spoiler alert: when reading it, you may feel the urge to eat a croissant or two 🥐

• Part 1: How to sell croissants offline & online
• Part 2: How to scale your online sales
• Part 3: How to go global painlessly and uncover a new revenue stream

Besides, we've been listed among the 101 Fastest-Growing Payments Companies & Startups by Finance Pill and featured in the "Global Payments Orchestration Software Market Insights, Forecast to 2028" report.

Stay tuned for more articles and news!

Let's not waste the precious summertime left for a lengthy intro 🌞

Here is our company news of July worth knowing!

Team

Sunny July days seem to be a perfect time not only for vacations, but also for diving into the payment business! At least that's what 8 of our new colleagues think. These specialists amplified the powers of our Product and Customer Success teams. Welcome on board, guys!

We're getting closer and closer to crossing a 100 teammates milestone 🤫

Events

In July, our colleagues enjoyed a few days of productive networking at iGB Live! Amsterdam 2022, a prominent iGaming industry⁠ event.

Next on our calendar is G2E Asia 2022⁠, taking place on August 24-26 in Singapore. Let's catch up if you're also considering attending this Asian gaming & entertainment exhibition!

These days we're also putting the finishing touches on our stand for another major event in Europe this autumn. Stay tuned!

Development

Our Development team also has plenty of important updates to share, including:

• Your merchants can now create reports for a specific date or period (up to 30 days) in the Merchant app.
• We enhanced the functionality of the Checkout sandbox in the Merchant app by adding new customer attributes.
• You can now route card gateway transactions by auth type and successful/unsuccessful transactions per method throughout all time by the customer. It can help you prevent fraud: for example, you can enable non-3DS payments only for customers with a particular number of successful transactions with a specific payment method (auth type); or forbid using GPay for customers who haven't made any successful card payments yet.
• We optimised the working mechanism of metrics on card gateway routing, enabling faster processing.
• We added an opportunity to collect customers' data on the card gateway payment page.
• Improved UX of screens with external interaction logs allows you to sort transaction logs by time.
• Commerce withdrawal transactions can now decrease account balance unlimitedly. It is necessary for cases like debt collection from merchants.
• You can unarchive merchant and deposit accounts that you've previously archived. In turn, provider accounts cannot be unarchived due to settings and credentials destruction.
• Batch payouts now have a dedicated column for context fields, which some payment providers require.
• Our Integrations team added 12 new connectors and upgraded 49 existing ones. The list of new options includes payments for V9Pay, Platio, Apcopay, Virtous Payments; payouts for Twelve, Alyce Pay, Beonpay; and card gateway integrations for Revolut, Twelve, Concord (3DS2), SolidGate (Apple Pay), and Getapay.
• We performed lots of minor fixes and performance improvements.

Don't hesitate to ask your dedicated Manager about any of these updates.

Wishing you a joyful and safe August,

Corefy

The ancient Maya believed that the new month won't start until Corefy shares the updates of the previous one.

Who are we to neglect this archaic belief and prevent July from starting?

Meet Corefy's updates of June!

Events

Last month we've received the wonderful news of Corefy being shortlisted as one of the best cloud payments solutions at PayTech Awards 2022.

Grateful and inspired by this recognition, our delegations went to two prominent events taking place simultaneously on different sides of Europe: Money 20/20 Europe in Amsterdam and iFX Expo International in Limassol. Greetings to everyone we've met!

In the coming days, our representatives are heading to iGB Live! Amsterdam 2022, starting from July 5th. We'll be happy to connect and network! Book a meeting with our colleagues Den⁠ and Daryna⁠.

Development

Here's the list of June's tweaks from our Development team:

• Enhanced Commerce transactions data on the Dashboard by adding more fields and reorganising them for your convenience.
• Added the search box to the P2P payments screen, allowing to search by P2P payment ID and payment ID from the payment gateway.
• Additional requisites (context fields) for card payouts are now displayed on the Dashboard and Merchant portal. It is required by certain payment providers.
• Added a multiplicity option to amount limits for routing and merchant account settings. This option allows limiting the transaction amount not only with min and max values, but also to prohibit the amounts that are not multiples of certain values. It can be applied as an additional option to any account.
• Enriched Deposits and transactional reports with the Metadata column. It will help analysts detect cross-linking of particular payment and payout invoices through metadata when reconciling.
• Updated 27 existing integrations and established 11 new ones.

More information about these updates is available in the Docs⁠.

Team

All our plans and aspirations for the nearest future will surely come true now that seven new specialists have joined our team. Together, we're ready to share knowledge and help each other & the company reach our goals. Let's get the ball rolling on the joint productive work in July ⛹️

Take care of yourself and your close ones,

Corefy

We've started May with the 200+ ready-made integrations achievement, and we'd like to end it with another announcement 🚀

Denys Kyrychenko, Corefy CEO & Co-founder, has been included in the list of London's 101 Most Impressive & Successful CEO's in the Enterprise Software Space⁠. Congrats from the team!

Read Denys' latest interview for Beststartup.co.uk by clicking here⁠, but please come back to this tab to learn about the progress our team has made in May 👀

Events

In the last spring days, our team started preparations for the summer conferences. The first ones on our schedule are Money 20/20 Europe⁠ in Amsterdam and iFX Expo International⁠ in Limassol, both taking place from 7 to 9 June.

If you're attending Money 20/20, schedule a meeting⁠ with our colleague Daryna.

If your choice is iFX Expo, come meet our delegation on stand 173.

We'll be happy to see you and network!

Development

Our Developers also had quite a productive month, and here's what they achieved:

• Updated 28 existing integrations and developed 8 new ones.
• Added 2 new currencies: the Bangladeshi Taka (BDT) and the Pakistani Rupee (PKR).
• Сontinued code refactoring and updates of the API access keys' working mechanism.
• Improved the UI of Checkout Sandbox, expanding the functionality.
• Upgraded the balance widget on the Merchant portal.
• Expanded the list of original data parameters transferred through our payment gateway.
• Enabled status management for connected provider accounts. Be attentive when changing the status, as any changes will affect related routes. Besides, access keys for archived deactivated accounts will be removed from the vault, but you'll be able to see the transaction history.
• Made several security updates, including new signature keys and request/response signatures in Commerce Private API. The signature verification mechanism became time-based. Aside from it, the card ID in the card vault is now displayed in the invoice payload.

Check our Docs⁠ for more information about these updates.

Team

The blooming May has enriched our team with six new specialists. We wish them a fantastic start and many achievements ahead 🤗 And while they're onboarding and exploring the nuts and bolts of the platform, we're inviting you to check our list of available positions⁠ and apply. Let's build the fintech future together!

Hoping for safe and joyful summer for everyone,

Corefy

The rays of sun that delight us more and more these warm spring days are another reminder that light always wins over darkness ☀️

In April, the Corefy team also managed to achieve some wins. Take a moment to learn about them!

Development

Let's start summarising this month's progress with our latest win! In April, our dedicated Integration team updated 35 existing integrations and developed 7 new ones, crossing the milestone of 200+ ready-made integrations with payment providers and acquirers globally. It means that over 200 established connections are now available to all our clients out of the box, requiring nothing from them except for merchant accounts and a few clicks on the Dashboard. This achievement brings us closer to becoming the most integrated payment platform in the world. We appreciate every teammate whose fruitful work made this possible, and we look forward to more breakthroughs!

Besides working on integrations, here's what our developers were doing in April:

• Performed code refactoring to increase the responsiveness and efficiency of the platform. Namely, we refactored and updated callbacks and improved the Merchant portal.
• Rolled out many minor security updates, including the additional masking of sensitive information to better protect the customers' data.
• Improved the UX of the payment overview and related screens.
• Upgraded the P2P payments processing.
• Implemented new logic for handling payment requests that remain pending for a long time. They will get declined automatically.
• Ukrainian banks prolonged the expiry date of their cards that are due in 2022 for one year. We applied these changes to our platform, enabling clients to process such cards.
• Added more attributes to the conditions of the modifier scheme that allow enabling or disabling 3DS/CVV authentication for particular transaction types.
• Extended the list of provider data displayed to clients for reconciliation purposes.

Team

Our primary concern in times of war in Ukraine is the safety of our teammates. We're relieved to share that every member of Corefy's team in Ukraine is safe and sound. Our colleagues from the UK, Philippines, Netherlands, and Israel keep working and supporting their Ukrainian counterparts.

What's more, our distributed team keeps expanding. In April, we welcomed six new specialists who have joined our Development, Support, Design, and Marketing teams. There are still a few vacancies available⁠, so make sure to check them out or share them with someone searching.

New guide

Last month, all our newsletter subscribers received Corefy's latest guide explaining everything beginners should know about payment routing. If you're not a subscriber yet, but would like to receive a copy of our routing guide, download it for free on this page⁠ and join our mailing list! We sent emails once a month, sharing our payment knowledge and the most comprehensive materials.

The new guide contains simple explanations of complex terms, vivid illustrations, and easy-to-remember analogies to help you understand how payment routing works and uncover its benefits for your business, so don't miss out and get your copy!

Wishing you safety and joy,

Corefy

Spring was always about new beginnings and growth, but now it is also full of hope 🙌

Let’s summarise how we spent the first month of this encouraging season.

Team

Since the war started, the safety and well-being of our teammates from Kyiv, Ukraine, have become our primary concern. These days, they are safely working⁠, and many of them are volunteering and defending their homeland. We’d also like to thank our teammates from Amsterdam, Herzlia, Manila, and London for their backup and their productive work. We’re proud of you all, guys!

Another piece of good news is that we continue to grow and evolve our team. See the vacancies⁠ available and join us!

Events

Last month, our representatives went to Dubai, UAE, to attend SiGMA Asia, a global gaming festival, where we had a booth near the main stage.

Besides, our Co-founder and CBO, Den Melnykov, attended The Finance Today Summit as a delegate, gaining valuable industry insights.

Glossary

Chances are, you know we’ve been sharing our payment knowledge in the blog for a while now. This spring, we’ve launched another channel to help people master the complex world of payments — Glossary⁠. It is a list of payment-related terminology with detailed explanations that our team will gradually fill up with more words. It already contains plenty of concepts that you can discover or brush up on your knowledge. Take a look, and let’s demystify the world of payments together!

Development

In March, our Development team worked on the following updates:

• Improved an approach to working with keys for API integration. Commerce account settings now have a separate section “Integration”, where users can create keys for private and public APIs, configure their lifetime, form IP whitelist, set permissions for each key, etc. Both previous and new approaches can be used until all our clients set up new keys and get acquainted with all the changes.
• Extended the list of attributes that can be transferred for customer records. The new attributes are optional and include country, region, city, address, and ZIP code. If transferred, these attributes will be displayed in the customer data section.
• Added new attributes to the merchant profile. IBAN and legal_entity_ID can be transferred if a certain bank requires it.
• Added invoices and requests filtration by the date of creation on Cardgate.
• A new parameter route_external_ID can be used in payout routing schemes.
• Released the major update of the Dashboard activity log.
• Updated team settings section, adding the filtration and search for users by name, email and member ID. This update will be useful for large teams.
• 6 new integrations, 26 updates of existing ones.

See our Documentation⁠ to learn more.

Thank you for staying with us!

Corefy

All the productive work and achievements our team has made over the month were overshadowed by the Russian invasion of Ukraine on February 24, 2022.

Under any circumstances, Corefy will have the resilience and strength to support and appreciate our amazing team and keep working for the greater good.

Below, you’ll find out about our progress in February. But first, we’re obliged to clarify our position regarding the war, inform you of the platform’s work continuity, and how our affected teammates are doing.

The war in Ukraine

As you may know, our R&D office is located in Kyiv, Ukraine. The company’s position is unquestionable — we deeply deplore any military attacks, especially against civilians.

When the war has started, Corefy did its best to care for the Ukrainian teammates. Currently, most of them are safely working. We contact every team member to make sure they’re safe and help them if needed.

Luckily, we didn’t have to worry about the platform’s health, as it has always been fully equipped to provide uninterrupted services to our clients worldwide at all times. See ‘The letter from the CEO regarding the war in Ukraine’⁠ for more details on how we made it possible.

Besides, many of our team members are involved in all sorts of activities to help the country in this challenging time: IT assistance, volunteering, and donations. The company set the tone, contributing UAH 500,000 to the Ukrainian charitable foundation Come back alive. We urge everyone who has the possibility to make a donation for Ukraine by choosing one of the trusted funds gathered at donate.org.ua, an online charities catalogue rolled out by our CEO, Denys Kyrychenko.

Other than that, Corefy’s Ukrainian team keeps working to support the country’s economy. The unhampered work continues in other offices, including our HQ in London, the APAC office in the Philippines, and local offices in the Netherlands and Israel.

Team

In February, we opened a new office in the Netherlands. It became our fifth global location. Moreover, we enriched our teams in Amsterdam and Kyiv with five new specialists, and our recruiters keep searching for more. If you’d like to join us, check the list of available positions here⁠.

Development

Here are some tweaks and updates our Developers worked on:

• Refunded and charged back amounts were added to the Payment invoice overview.
• Added extra fee validation to exchange rate schemes rules.
• Expanded transaction logs by adding two more attributes.
• Added the timezone parameter for the Receipts addon.
• Updated customer data format in connectors according to providers’ requirements.
• Added a new filtration option for Batch payouts.
• 13 new integrations, 15 updates of existing ones.

See our Documentation⁠ for the details on any of these points.

Business

Last month, we joined the initiative⁠ to turn Trinidad and Tobago into the regional fintech hub of the Caribbean and LATAM. Corefy’s Co-founder and CBO, Den Melnykov, went there on a business trip to discuss with officials and business people how Corefy’s technologies can help in the digital transformation of the payment infrastructure for government finances.

Our representatives also went to the UAE to attend the iFX Expo Dubai, the world’s largest financial B2B event. They send greetings to all the wonderful people they’ve met on the premises and networked with at Corefy’s booth. Den Melnykov participated as a speaker, raising the topic of choosing a payment solution for FX business.

As always, we’re set for productive work this month.

Stay safe and strong,

Corefy

One month into 2022 and we’re finally done writing 2021 instead of 2022 🧠

The good news is that this wasn’t our only achievement in January. Here’s our traditional monthly roundup!

Team

This month, 8 more talented specialists have joined our team, and our recruiters keep looking for more gems⁠. Looks like we’re about to double in size once again this year!

Development

As always, the most exciting part of our monthly updates is the development news. These are the following:

• Updated the list of routing strategies for payouts and card payments.
• You can now archive unused merchant accounts in the Provider hub.
• Added a toggle allowing to hide or show merchant accounts that have their counterparts on CardGate.
• Improved the UX of the filtration, highlighting the selected filter.
• The new field “Source” was added to the transaction attributes, displaying where the transaction originates from (for example, the Dashboard or API).
• More information was added to the transaction logs.
• 8 new integrations, 23 updates of existing ones.

Check our Documentation⁠ for the details.

We’ve recently shared an article explaining how our direct integration with Google Pay works⁠ and how businesses can benefit from it. Don’t miss out!

Business

Our representatives are currently getting ready for iFX Expo Dubai, the world’s largest financial B2B event taking place on February 22-24 🛫

If you’re going to be there, make sure to come and say hi to us at Corefy’s booth!

Thanks for staying with us,

Corefy 🍋

Happy holidays! ❄️

Regardless of whether you’re enjoying winter from the comfort of your home, the office, or some resort, a traditional monthly summary of Corefy’s progress awaits your attention. Despite the weather, December ended up being quite fruitful!

Recognition

In December, we’ve earned some bragging rights by entering the top 3 best fintech startups⁠ at the prominent PaySpace Magazine Awards 2021 🏆 We believe this award reflects our giant leap forward in development. Our team expresses sincere gratitude to everyone who supports us on this exciting journey! Without you, it won’t be possible.

Expansion

We continue our global expansion! Last month, we pinned another wonderful country on our map by opening a new office in Herzliya, Israel. The focal point of our new branch is cooperation with tech companies and implementation of joint activities. The added location will help us expand our scope and enable new projects.

Please see our year-in-review⁠ for more details on this and other significant achievements of 2021.

Development

We’ve crossed the milestone of 150 ready-made integrations on our platform 🦾 In particular, we’ve established 13 new integrations and updated 33 existing ones last month. With this latest achievement, we cemented our status as one of the biggest payment hubs in Europe.

As for the other essential tech updates of December, they’re the following:

• Improved the process of payment invoices creation from the Dashboard and the Commerce API.
• Implemented a new approach to saving routing schemes edits called Revisions.
• PCI DSS-certified organisations can now request viewing full card details.
• Added new attributes for payment schemes on CardGate: weekly and monthly card turnover; successful, failed, and all payments of a particular customer by ID.
• Enhanced search and filters on the Dashboard.
• Added an opportunity to reconnect merchant accounts on CardGate.
• Implemented additional reconciliation for refunds.

Please find out more about these points from our Docs⁠.

Wishing you new heights this year,

Corefy

Winter is here! ❄️

Before we all get wrapped in the holiday spirit like in a warm blanket, let’s take a quick look back at our achievements of November.

Corefying around the world

In November, we visited a few industry’s events in different countries. Part of our team attended Web Summit, one of the world’s largest conferences taking place annually in Lisbon, Portugal. Our Co-founder & CBO Den Melnykov went to Malta for SiGMA World’s Gaming Festival. Sending regards to everyone we’ve had a chat with!

Developing our platform

What’s new on our platform? Here’s a quick update from our Development team:

• Enhanced the features of the Activity log on the Dashboard.
• Improved filtration on the Dashboard, allowing to select multiple options or exclude some options.
• Added dynamic localisation to our Receipts add-on.
• Developed 12 new integrations.
• Set a record in updating the existing connectors, making upgrades or changes to 47 integrations.

Sharing our knowledge

Check out the latest article⁠ our CEO Denys Kyrychenko wrote for Finextra, sharing why a multi-provider payment setup is worth a shot. You can also find plenty of insightful articles on payment processing ins and outs in our blog⁠.

Our team also has something significant planned for December. We’ll share it with you next year 🚀

Wishing you a magical winter and unforgettable holidays! ☃️

Corefy

Traditionally, we’re starting a new month by summarising the achievements of the previous one.

Here is our October wrap-up!

Corefying around the world

This autumn we’re actively travelling across the globe⁠ to visit industry’s events and discern new opportunities. In October, we attended Sigma iGathering and SBC Summit CIS in Kyiv, Ukraine, and our CBO Den Melnykov participated in the “Payments in Focus: Reduce Hassle, Increase ROI” panel discussion at iFX EXPO 2021 in Limassol, Cyprus.

Today, our team members went to Lisbon for Web Summit, one of the world’s largest conferences ✈️

Developing our platform

Here are some of the most notable improvements that our Development team has worked on in October:

• Users with admin permissions can enable automatic confirmation of transactions within their organisation.
• Reference ID can now be displayed to the customer on the Cardgate payment page. For instance, to show them the internal order number.
• Reference ID for batch payouts now generates automatically.
• Updated the Permissions section for Cardgate on the Dashboard.
• Optimised exports generation.
• New filters are added for transactions within an organisation.
• 7 new connectors and 20 updates of the existing ones.

Sharing our knowledge

We’ve just put some finishing touches on our new guide explaining the payment preferences of global customers. It’s an e-book of more than 70 pages full of market insights and payment trends. It will be available for anyone to download later this month, but our subscribers will be among the first to see it! Join us by leaving your email at the bottom of this page.

Let’s get the most out of November! 🍂

Corefy

As we’re heading into October, it’s time to look back and summarise what we achieved last month 🍂

Crossing borders

Our representatives visited a number of offline events across the world. Namely, TES Affiliate Conference in Prague, Money20/20 in Amsterdam, SBC Summit in Barcelona, and Forex Expo in Dubai. Here are some highlights 👀

Gathering people

We didn’t stay aside from the global networking spree and decided to organise our own event. We gathered people in our R&D office to discuss the payment industry trends, share insights, and just have a good time together. Our co-founders prepared speeches and participated in a panel discussion with representatives from KYC-Pay and UAPAY.

Developing our platform

Here are some of our platform's notable updates for September:

• Tweaked the reconciliation of payment invoices.
• Removed the need to fill in the reference ID in the payment invoice, generating it automatically.
• Enhanced functionality of our Telegram bot.
• Enabled forced stop of batch payout processing while it has a ‘new’ status.
• Updated the list of Payment resolutions.
• Improved customers’ geolocation accuracy in Payments.
• Added 6 new integrations and upgraded 30 existing ones.

We're sure October will be great, too!

Corefy 🎃

Traditionally, it’s time to summarise our achievements and news of August and get started with the new working season 🍁

Compliance

First of all, we received a certificate of compliance with the PCI DSS version 3.2.1, affirming our platform’s security, trustworthiness, and reliability. In August, our payment orchestration platform underwent an independent annual audit by a Qualified Security Assessor, who validated our development, infrastructure, management, support, operations, and in-scope services through an unbiased assessment.

Team

Our hiring spree is on the go! This month, five specialists joined us, with ten more vacancies in the Development and Customer Success teams open. Please take a look at the whole list on our Careers⁠ page. Maybe you’re the one we’re looking for?

Development

Our most prominent technical updates of the month are the following:

• New toggle switch allowing our clients to enable new services for their commerce accounts automatically.
• Optimised asynchronous failures handling.
• Cash payment and payout methods for manual transactions.
• New routing and modifier scheme attributes: Card failed payments (failed card payments for the entire period of running the card vault), Card pan (primary account number), Customer reference id.
• Opportunity to connect addons manually, selecting from the list of available options.
• Seven new integrations and updates or upgrades of 18 existing ones.

See the documentation⁠ for details on each of these updates.

Plans

We’re currently preparing an event with speeches from our specialists and a networking party at Kyiv’s R&D office. It is scheduled for September 16, with more details to be shared soon on our social networks. We would be glad to have you with us.

Have a great autumn!

Corefy 🍁

And now, the July’s news roundup, Corefy reporting 📻

Breaking news

We’re hitting the headlines these weeks with our new regional office in Manila, Philippines.

With successfully established operations in our Headquarters in London, UK, and R&D office in Kyiv, Ukraine, we felt it was time to broaden our horizons to the APAC region.

At the end of July, we welcomed our first colleagues from Manila. The APAC team will focus on business development and support in the region.

Read more about the expansion on our blog, on FinTech Intel⁠, or Financial IT⁠.

Team

In July, we expanded not only geographically. Our team gained a couple more talented specialists, and we keep on hiring⁠.

Our R&D unit in Kyiv, Ukraine, made it to the top 100 IT employers in Ukraine, a ranking developed by the prominent media outlet MC.today and one of the country’s leading hiring platforms Work.ua. The results are based on the anonymous survey⁠ of thousands of employees from dozens of companies. We’re thankful to every colleague who made it possible!

Engagement

Chief Business Officer Den Melnykov attended the UK-Ukraine Fintech Summit, a part of Fintech Week London aimed at spotlighting the new business opportunities in the UK and Ukraine. He presented our payment orchestration platform at the pitch session of the 10 best fintech startups. For brief info on each participating solution, see the Fintech Review article⁠.

Denys Kyrychenko, our CEO, continues sharing payment insights in his articles for various media. Thus, in his blog on Finextra⁠, he explained how to gain business value from payment data, while his post on The Paypers⁠ was dedicated to payments optimisation.

Development

Here are some of the major updates our developers worked on in July:

• Developed a new payment page optimised for crypto payments.
• Enabled support for OTP authentication for card payments.
• Added new routing attributes, such as card number, internal customer ID, P2P transactions volume, and more.
• Updated cascading rules to save our clients more sales.
• Added the opportunity to set up the daily turnover limit for the merchant account.
• Launched 3 new integrations and updated or expanded 24 existing ones.

See documentation⁠ for more details or contact us⁠ if you need anything.

That was the news. Stay with Corefy for more 🤗

As June draws to a close, we’re traditionally wrapping it up in a brief post to keep you updated.

Here’s what we have to share after another wonderful month of work 👀

Team

Corefy’s R&D office in Kyiv, Ukraine, made it to the top 100 of the country’s best IT employers. The ranking is a joint project of the media outlet MC.today and Work.ua, one of the largest Ukrainian hiring platforms. Later, the voting process will start, giving everyone a chance to express support for some of the selected companies.

Meanwhile, we keep growing. In June, we’ve started a major hiring spree with ten more vacancies⁠ now available. Over the last month, a team that has grown the most is our Technical Support unit. It gained three more tech superheroes 🦾

Events

Corefy’s team representatives took part in several industry events.

Den Melnykov joined the UK-US Financial Innovation Partnership Virtual Event, organised by the Embassy of the United States of America in London to strengthen ties between the fintech ecosystems of the UK and the USA.

A part of our Kyiv’s team also visited iForum, the largest IT conference in Ukraine, which this year was held at the vast expanses of NSC Olympic.

Media

Multiple media outlets from different countries published columns written by our CEO Denys Kyrychenko. In the post⁠ for Financial IT, he named the ten most frequent checkout issues that negatively affect conversion and explained how to fight them. Denys also shared⁠ some advice with VC.ru readers on avoiding payment declines and explained the difference between payment facilitators and aggregators in his LIGA.net column⁠.

We also have many good reads about payments in our blog⁠ — make sure not to miss it!

Development

Below is a short summary of what our Development team has been working on in June.

• Improved batch payouts processing mechanisms.
• Temporarily removed routing by balances strategy from CardGate.
• Preparing Asynchronous Balances update in Commerce.
• Added customer data to daily reports.
• Added security rules for addons in Dashboard.
• Established three new integrations and updated 2 of the existing ones.

For the details on every update mentioned, please check the documentation⁠.

Besides, we’ve started working on several important updates at once, so stay tuned to learn about them first 📻

Summer is here! 🌞

Before you get on the move to the waterfront for sunbathing or swimming, check out how Corefy’s platform development has advanced and what other notable achievements we’ve reached in May.

Engagement

• Denys Kyrychenko, Corefy’s Co-founder & CEO, listed the hottest e-commerce payment trends in his blog⁠ for Finextra, one of the industry’s most renowned media.
• We shot a video with our COO Den Melnykov explaining who we are, what we do, what’s the purpose, and what we’ve reached so far. He shared some facts and numbers reflecting our performance as of May 2021. Take a look if you haven’t seen it yet.

• Den also took part in TechTalks, an internal event by Raiffeisen Bank Aval to discuss various industry issues with guests. We tuned in and outlined Den’s thoughts on different aspects of startup life, some personal experience and views.

Recognition

• Our website, which we’ve worked on for so long and rolled out this February⁠, was named The best website of 2021⁠ in the ‘Finance, Banking, and Insurance’ category at WEB AWARDS UA. Though it’s delightful to witness the recognition of our efforts, our primary purpose is to make your experience with updated corefy.com⁠ outstanding.
• Corefy is shortlisted in the ‘Best Cloud Payments Solution’ nomination at PayTech Awards 2021⁠, alongside other six companies.
• We got nominated as the most innovative payment solutions platform in the United Kingdom at Global Brand Awards 2021⁠. Looking forward to the announcement of the winners!

Development

• Expanded access settings for the commerce account.
• Added the merchant_profile object containing information about the merchant to commerce properties. The data is sent unchanged to payment providers. Similar parameters in the cardgate_options object for host-to-host payments will be deprecated.
• You can now change validation parameters for the card number field in the HPP settings. You can set a particular quantity of characters (for instance, 15 and 16) or a range (e.g. from 12 to 20).
• Сommerce account data is now available in analytics.
• Added options to control payments and payouts availability by a client ID in the Customers section.
• We started to collect metrics on Card Gate payments and added an opportunity to set up routing, taking this data into account (by the number of successful payments over a period, by the number of all payments, and by the total value of successful payments).
• Updated the way payout schemes are displayed, adding the counter for all available services.
• Added the charged_back_amount parameter, containing the chargeback amount and fee, to the API scheme and callbacks.
• Updated the scheme of user redirection after the 3D Secure verification stage.
• Updated or expanded 14 connectors and added two new integrations.

For the coming months, we have many more exciting plans (aside from vacations 🏝).

We’ll keep you updated!

The weather is getting warmer, and Corefy is getting bigger 🚀
Here’s our April’s summary.

Team

We’ve been actively recruiting and expanding for quite some time now, but April turned out to be a record month in terms of the number of new team members. We have ten more colleagues in our Development, Customer Success, and Marketing teams. And we’re still hiring! No jokes — check the vacancies⁠.

Engagement

French media outlet startup.info interviewed⁠ Denys Kyrychenko, Corefy’s CEO, about the COVID-19 pandemic and its effect on our business. Denys shared how we managed to double performance and team amid this uncertain time. Worth a read!

Development

In April, we announced⁠ becoming Google Pay’s certified participating processor. It’s a remarkable achievement for us, but we’ve done a lot besides it:

• When processing payouts, we started to transfer information about the sender to the provider: merchant’s name, MCC, address, etc.
• Improved receipt generation for payouts.
• Enhanced payment reconciliations and callback handling processes.
• Optimised reports generation.
• Added an option allowing the use of saved cards across an organisation to the commerce account settings.
• A new setting enables sending failed transactions to moderation with a status ‘pending’.
• Modifiers scheme update: you can set the card’s status and apply CVV or 3DS-authentification according to this attribute.
• Added three new connectors, while another 22 were updated or expanded.

It’s time to get more things done this month!

Wishing you a fruitful May 🌿

We hope spring is treating you well so far! 🌸

As the first warm rays of the sun break through the clouds, our team is gaining momentum. We’re actively expanding, with a couple of new specialists who’ve already joined us in March and eight more open positions⁠.

Together, we keep tweaking and developing our payment platform. Namely, we upgraded/established 15 integrations, started supporting three more currencies (Bangladeshi taka, Nepalese rupee, Sri Lankan rupee), and enhanced the platform functionality. See our Documentation⁠ for more details.

Traditionally, we strive to support initiatives aimed at collaboration and cross-border partnership. Our COO, Den Melnykov, continued to represent Corefy in the Ukrainian Trade Mission to the UK⁠, supported by USAID Ukraine and the Embassy of Ukraine to the UK. Here’s how Den explained who we are in two minutes.

Additionally, Den was a speaker at the ‘Emerging Europe and the United Kingdom: Towards 2030‘ event, moderated by CNN Anchor Samuel Burke. The event was aimed at strengthening collaboration between the CEE region and the UK in the fintech domain.

We also participated in the ‘AWS Cloud for Financial Services⁠‘ online event. Our CTO Dmytro Dziubenko shared Corefy’s experience of rolling out the payment processing infrastructure on AWS and explained how Corefy scaled up a thousandfold in 2 years.

Last but not least, we’ve been moving towards becoming Google Pay certified participating processor⁠ for quite some time now, and our efforts have not been in vain. We’re currently preparing a blog about this significant achievement, where our CEO Denys Kyrychenko will share Corefy’s experience integrating GPay. Stay tuned!

Spring is the season of new beginnings, and we’re entering it starting yet another glorious chapter in our company’s history.

To us, February was noteworthy for three remarkable things.

First of all, we left our PayCore.io brand name behind and became Corefy. We aspire to unify the payment world and become the most integrated payment platform around the globe, and this new name is a verb that captures the true essence of what we do. Check out our rebranding announcement⁠ for more information.

Alongside the rebranding, we’ve debuted a new interactive and responsive website⁠ that presents our complete portfolio of products and services.

Moreover, this February, the number of our ready-made integrations with payment providers and acquirers exceeded 100. Now, we’re ranked in the top 5⁠ as one of Europe’s largest payment hubs. It is an important milestone for us, and our team wishes to thank you for working with us. You’re a driving force for us, so we will keep developing and improving our platform and services.

The list of the major updates we worked on last month includes:

• Additional fields in the export file: amounts, fees, refunds and chargebacks for payments, and processed amounts, fees and write-off for payouts.
• Added the ability of a client to rename add-ons and change their descriptions.
• Extended moderation of the transaction data on CardGate. When processing a refund or chargeback, our clients can now manually edit the amount, original ID, approval code, RRN and description of such transactions.
• The ability to pull a payout statement to solve conflicts, and many other updates and fixes.

Happy spring! May your days blossom with success.

Happy snowy Monday!

We’re excited to share our progress made within the first month of 2021.

One of the major January’s news is that we joined Ukraine Trade Mission to the UK, organised by an IT company Sigma Software Group with support from USAID Ukraine, Export Promotion Office, and Embassy of Ukraine to the UK. The participants’ list features Corefy, legal firm Avitar, engineering company Tebin, design & development service GenovaWebArt, and IT companies AltexSoft, Innovecs. The Mission is aimed at attracting new clients for the participants, and increasing employment in Ukraine.

We’ve already taken part in the ‘Post-Brexit Future: A New Chapter and New Business Opportunities⁠‘ webinar within the Mission. It brought partnership opportunities with Ukrainian companies to the British audience’s attention.

We are proud to be part of the Ukraine Trade Mission to the UK, and strive to support such initiatives in the future.

Last month, our Development team gained a few new specialists, and we’re still hiring. Check the list of the available positions⁠, maybe there’s something for you.

As for the platform upgrades, we started a year with some routing and processing updates, described in our documentation⁠. To name a few, we added the ability to set up chargeback fees and correct transaction statuses manually.

Stay tuned and brace yourself for the last month of winter!

In the past few years, we have brought to public attention only some of our most extraordinary news and achievements. Starting this year, we want to get closer to you and be on the same wavelength.

With that aim in mind, we will share our platform updates and company news every month directly on our blog. This way, we hope to reach greater transparency, informing you of what our company is working on and where we’re heading. The summary of our activities and achievements of 2020⁠ is the first step towards this goal, so make sure to check it out.

Today, we’ve prepared a list of our major news and developments of December 2020:

• We’ve ended 2020 with the number of successfully processed transactions exceeding 100 million for the first time.
• New specialists joined our Development and Sales teams.
• Our COO Den Melnykov spoke at the online meetup “High-risk merchant: learning from others’ mistakes” by SBSB FinTech Lawyers, providing insights into chargeback minimisation.

Our developers worked on enhancing the existing features and processes of Corefy’s platform. This month’s updates focus on Card Gate, Payment gateway, Batch payouts, and our extension for receipt generation. See the release notes v1.26⁠ and v1.27⁠ for detailed information on each of these updates.

Here’s how our list of integration expanded last month:

• Axcess Merchant Services — H2H connection.
• Payeer — Reconciliation process update.
• UkrGasBank — Payouts, Account balances.
• tome — H2H connection, Payouts, Account balances.
• CoinsPaid — Payouts, Account balances.
• CrossPay — Payouts, Account balances.
• Genome — API interaction update.
• Ibox Bank — H2H payment connection.
• Odysseq — API interaction update.
• Stripe — Refunds update.
• xpate — H2H & Callback handling update.

Wishing you happy holidays and a fruitful year ahead,

Corefy