back Back

Global Processing Services rebrands as ‘Thredd’

By Gloria Methri

April 27, 2023

  • Banking-as-a-Service (BaaS)
  • Buy Now Pay Later (BNPL)
  • FinTechs

Thredd, GPS, Global Processing Services, FinTechGlobal Processing Services, a next-generation global payments platform has rebranded as ‘Thredd’ to reflect its role in “weaving together the different threads of the global payments ecosystem” thereby fuelling the growth of electronic payments.

Thredd is known for its customer-centered approach to enabling payments innovators to launch new card programs easily, and cost-effectively. The firm has created a modern processor providing reliable digital payment processing capabilities, including real-time, bespoke card management tools, reporting, and fraud prevention technology.

Certified by both Visa and Mastercard and supporting debit, prepaid, and credit programs, Thredd enabled its modern payment issuer processing since 2007. Today, Thredd’s platform processes billions of transactions annually and powers over 100 customers across 44 countries and a broad range of use cases.

Thredd is the processing partner for an array of verticals, including digital banking, Buy Now Pay Later (BNPL), Travel, and Banking-as-a-Service (BaaS).

“Our rebranding to Thredd marks a new era for our company as we begin the next phase of our growth,” said Kevin Schultz, Chief Executive Officer of Thredd. “Our new brand reflects our renewed focus on enabling our clients to create a more interconnected, accessible, and seamless payments ecosystem. With our experienced team and owners, we are confident in our vision to bring our partnership approach to modern payments processing to innovators worldwide.”

Betsy Samuel, Chief Marketing Officer of Thredd, said, “Our clients, partners, and team members have told us that we are the ultimate connector, bringing the true partnership to the world of payments. This is our DNA, and we wanted a new name to reflect this special identity as well as our expanding position as a pivotal modern payments processor at the heart of the constantly evolving digital economy. We are proud to relaunch with a name which reflects our unique role and reputation as a critical ‘thread’ of the fabric in the ecosystem.”

Previous Article

April 27, 2023

HTC Global Services enters into a strategic alliance with Azentio Software

Read More
Next Article

April 27, 2023

Nigeria-based VigiPay partners with ThetaRay to prevent financial crime risk

Read More

IBSi Daily News Analysis

Data privacy

July 16, 2024

Banking-as-a-Service (BaaS)

Rise in sophisticated attacks, state-level threats, and increased ransom DDoS Incidents

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News


JTL-Software and Mollie partner on e-commerce payments

Read More


Slope raises $65m in equity and debt funding from J.P. Morgan & others

Read More


Jamaica’s First Global Bank partners with Profile Software

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q2 2024
Know More
NextGen WealthTech: The Trends To Shape The Future Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
Get your copy now! IBSi Sales League Table 2024