SUNRISE, Fla., March 4, 2019 /PRNewswire/ -- Oscar DiVeroli, the CEO for Merchant Boost, a provider of live data solutions and payment technologies, announced today that the company will be officially changing its name to ValidiFI as of March 4th, 2019.
DiVeroli explained that "the new name was in response to changes in the business framework, Merchant Boost has changed its name to ValidiFI, launched a new company website, renamed product offerings, and introduced a new corporate identity. Changing our name to ValidiFI reflects the company's growth into a leading provider of data and technology and its increasingly diversified business relationships in the financial services industry."
Originally launched as a payment solution provider, the company began combining technological innovation with its strategic partnerships to create better ways to meet compliance requirements, obtain customer insights, manage and facilitate payments. ValidiFI's platform now services many of the largest national financial service providers, expanding their ability to accept new customers and more successfully process payments.
"I am proud of the work we have done so far. We have established key relationships and firmly positioned the company in several niche markets. Looking forward, we will begin pursuing larger market opportunities and expanding our platform's capabilities. Our core mission, to help our customers increase sales and facilitate payments, will remain our focus, as it is a necessity for every company, big and small, new and old," said DiVeroli, CEO of ValidiFI.
ValidiFI, formerly Merchant Boost, is a financial technology company redefining how financial service businesses measure risk and process payments. ValidiFI helps financial service provider's increase client acquisition, reduce processing fees, and facilitates successful payments, with innovative data, technologies and customized strategies.