Veritec, Inc. (VRTC)

0.0200 0.0000 (0.00%) At close: 12:44PM EDT

Veritec, Inc.

12445 Winnetka Avenue North
Golden Valley, MN 55427
United States
763 253 2670
https://www.veritecinc.com

Sector(s): Technology
Industry: Software - Application
Full Time Employees: 7

Key Executives

Name	Title	Pay	Exercised	Year Born
Ms. Van Thuy Tran	Executive Chairwoman, CEO & Treasurer	150k	N/A	1944
Mr. Sam Rollins	President	N/A	N/A	N/A
Mr. Barry ZeVan	Vice President of Marketing & Sales and Vice President of Public Relations	N/A	N/A	N/A

Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Veritec, Inc., together with its subsidiaries, engages in the development, sale, and licensing of products and providing services related to its mobile banking solutions in the United States. The company offers Mobile Toggle Card-Visa prepaid card program, a debit based, pre-paid, and gift card solution to debit card issuers and sponsoring organizations; and blinx ON-OFF debit card-Visa prepaid card programs. It also provides custom branded debit card program that enables card issuers and sponsors to issue debit, pre-paid, and gift cards under its branded programs through the licensed use of the mobile banking platform, as well as related professional services. In addition, the company offers blinxPay mobile wallet application, a payment processing system that enables customers to make purchases at participating merchants using funds loaded into their blinxPay virtual account. Further, it offers mobile banking solution that enables member card programs to process and settle member rewards in open or closed loop processing environment, as well as back-end card processing services to the card issuing institutions for various cardholder transactions on the licensed platform. The company was incorporated in 1982 and is headquartered in Golden Valley, Minnesota.

Corporate Governance

Veritec, Inc.’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.