The fintech company impressed the judges with their efficient digital payment solution and global scaling.
New York, NY – Boost Payment Solutions is proud to announce that they were named the winner of three gold Stevie ® Awards by the 20th Annual American Business Awards ®.
- Innovation of the Year – Business Service Industries
- Company of the Year – Financial Services – Medium
- Achievement in Finance
Though up against strong competition including both public and private companies, Boost achieved the highest possible accolade in all three categories.
This year, more than 3,700 nominations were submitted for consideration from organizations of all sizes and in virtually every industry. Boost Payment Solutions was recognized as a leader in finance and business services in acknowledgment of their exceptional digital payment solution, which empowers businesses globally.
“An excellent fintech-enabled solution that offers automated straight-through processing of B2B payments. This is a so needed solution for many reasons, but for me, the fraud risk reduction, data security, and the PA process optimization are what make it a novel solution,” said one of the Stevie Awards judges, who remain anonymous to ensure an unbiased judging process.
Headquartered in New York, Boost is the only fintech acquirer exclusively focused on solutions for the B2B marketplace. As the leader in B2B electronic payments, Boost’s technical innovations have transformed commercial cards into a cost-effective, scalable, and secure alternative to traditional checks, wires, and ACH.
Founded in 2009 and currently operating in 35+ countries, Boost features a global footprint that serves a broad spectrum of industries. With its suite of proprietary technology-enabled solutions, Boost is reinventing how commercial card payments are initiated, accepted, and processed, delivering process efficiency, payment security, data insights, and revenue optimization for thousands of companies around the world.
Boost Intercept ®, Boost’s patented straight-through processing (STP) platform, is the ideal solution to process virtual card B2B payments for issuers, eliminating manual workflows with end-to-end payment and data automation. Breaking the mold of traditional rigid credit card processing constructs, Dynamic Boost ® offers buyers and suppliers flexibility based on business rules that fit their mutual needs. Boost’s solutions address card acceptance pain points in the B2B sector through their unique platform and their strategic alliances with card issuers, acquirers, and payment networks.
Recognizing the outstanding thought-leadership provided by Boost Payment Solutions, another judge commented, “Boost is less than 15 years old and already operating in up to 35 countries. Identifying and focusing on opportunities in the B2B sector that have not been harnessed is great vision, evident in the extraordinary strides the company has made in its strategic partnerships…Solutions that enable businesses to become more efficient, simplify processes, and minimize fraud risk are critical in today’s marketplace. Boost is a trailblazer…well done!”
Dean M. Leavitt, Founder and CEO of Boost Payment Solutions is thrilled to be recognized by the American Business Awards. “I feel an overwhelming sense of pride that the dedication, hard work and successful results of the Boost team have been recognized by such a prestigious organization. I especially appreciate that the judges celebrated the impact we have made on our clients and the payments industry. We have built our business on our ability to listen to our customers, understand their needs and solve for them through the development and deployment of creative products and solutions.”
The American Business Awards are the U.S.A.’s premier business awards program. All organizations operating in the U.S.A. are eligible to submit nominations – public and private, for-profit and non-profit, large and small.
Nicknamed the Stevies for the Greek word meaning “crowned,” the awards will be presented to winners at a gala ceremony at the Marriott Marquis Hotel in New York on Monday, June 13.
As the B2B electronic payments leader, Boost optimizes how commercial card payments are initiated, processed, received, and reported. Boost’s technical innovations have transformed commercial cards into a cost-effective, scalable, and secure alternative to traditional checks, wires, and ACH. Boost features a global footprint that serves a broad spectrum of industries. Boost was founded in 2009 and is headquartered in New York, NY. Please visit us at www.boostb2b.com.
About the Stevie Awards
Stevie Awards are conferred in eight programs: the Asia-Pacific Stevie Awards, the German Stevie Awards, the Middle East & North Africa Stevie Awards, The American Business Awards ®, The International Business Awards ®, the Stevie Awards for Women in Business, the Stevie Awards for Great Employers, and the Stevie Awards for Sales & Customer Service. Stevie Awards competitions receive more than 12,000 entries each year from organizations in more than 70 nations. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about the Stevie Awards at http://www.StevieAwards.com.
Sponsors of The 2022 American Business Awards include HCL America, John Hancock Financial Services, Melissa Sones Consulting, and SoftPro.