TriumphPay is a carrier payment platform that connects brokers, shippers, factors and carriers through forward-thinking solutions that help each party successfully process, settle and manage. Click on Payments, located on the left side menu. He joins TriumphPay from WEX Fleet One Factoring, where he managed the recourse and non-recourse transportation factoring portfolio. TriumphPay, the payment and processing arm of Triumph Bancorp, has completed its first round of what it is calling “conforming…The transaction was structured as the acquisition of TFS’ factoring assets, consisting primarily of $103. 3. The TriumphPay team will work with factoring companies by answering verification calls and processing NOAs. It's just a payment service for broker's. January 12, 2020: Bug Fixes Users logging into factor. (Nasdaq: TFIN) is a financial holding company focused on payments, factoring and banking. We look forward to more conforming transactions coming. The transaction was structured as the acquisition of TFS’ factoring assets, consisting primarily of $103. President, Factoring Division at Triumph Companies "Tim Valdez joined TriumphPay as Senior Vice President, Factor Leader in 2021. Maintenance. Modified on: Fri, 10 Nov, 2023 at 5:45 PM. Modified on: Fri, 10 Nov, 2023 at 9:45 AM. May 23, 2020 • By TriumphPay Read Article. DALLAS – AUGUST 22, 2023 – TriumphPay announced today the addition of Knight-Swift Transportation (NYSE: KNX) to its open payments…. 2. About TriumphPay TriumphPay is the premier payments network for freight brokers, factors, shippers and carriers in the North American trucking industry, offering a structured, secure data exchange. It just hasn’t been received from your customers. 1. 07/21/2022. Modified on: Thu, 4 May, 2023 at 1:09 PM. 2. 93 billion in the first. Read Article. 1 billion on an annualized basis. We look forward to more conforming transactions coming. Triumph's CEO sees a milestone but EBITDA at TriumphPay worsens. TriumphPay is a carrier payment platform that connects brokers, shippers, factors and carriers through forward-thinking solutions that help each party successfully process, settle and manage. Follow these steps to verify the payment. Getting started with triumph factoring login: Trying to access triumph factoring login, this is what you can expect from triumph factoring login websites. TriumphPay is a secure online platform that simplifies carrier payments for the transportation industry. One click and you don't have to log in again to manage your payment terms. Matt, like, take this quarter, for example, there was a revenue drop at TriumphPay. 73 billion from $2. Truckstop Factoring Support - To talk to one of our factoring experts, call 1-888-777-5543 during regular business hours for assistance. On the brokerage side, the number of freight brokers on the system is 532. Prior to joining TriumphPay as senior vice president and chief operations officer in 2019, she spent decades in logistics services and over seven years in developing fintech services for transportation providers. · Saturday, January 28, 2023. Locate and select the invoice that you would like to update. To submit a NOA or LOR via email to the broker-specific email shown in the Debtor section on your Factor Portal. Factoring Basics. Dallas – Sept. Under the terms of the agreement, TriumphPay will acquire HubTran for $97 million in cash, subject to customary purchase price adjustments and closing. Headquartered in Dallas, Texas, its diversified portfolio of brands includes. For additional assistance, please submit a ticket to TriumphPay support. TriumphPay is the payments network for trucking that integrates all parties with the broker’s and factor’s source of truth, the network mitigates fraud, increases operational efficiency. No minimums, flat fees, and non-recourse. DALLAS, Dec. “It brings with it existing integrations with over 230 freight brokerage and 50 factoring clients and will materially advance our strategy to create a seamless payment experience. The acquisition of HubTran materially advances our ability to create a seamless payment experience and enhance our service to factoring clients. TriumphPay Triumph | 651 Canyon Drive, Suite 105 Coppell, Texas 75019 | (866) 356-0888 Factoring services offered by Triumph Financial Services LLC. Bank of New Mexico. Small and midsize factoring companies are able to achieve a. Headquartered in Dallas, Texas, its diversified portfolio of brands includes TriumphPay, Triumph and. AscendTMS Tracker. 2. (Nasdaq: TFIN) is a financial holding company focused on payments, factoring and banking. Maintenance. Schedule A Demo. “We are closing in on our EBITDA-positive goal which we have committed to achieve on or before the end of 2024,” Graft said in. TriumphPay also connects factoring companies that may be looking for volume with brokers. Business response. Your Free AscendTMS now with free carrier payment capabilities. Click Upload NOA/LOR. Log into your TriumphPay Factor Portal with your username and password. 651 Canyon Dr STE 105. Factoring Service. TriumphPay provides carriers full visibility into the payment status for each of the shippers they are working with, all in the. com, a payment processing tool that delivers value to every link of the supply chain: brokers, carriers and factors. TriumphPay Announces Payments Milestone and Additions to Executive Leadership Team. Carrier payment platform provider TriumphPay will pay $97 million to acquire HubTran,. Make sure your trucking business gets the services it needs when you choose load factoring and spot factoring from FactorLoads. Triumph Bancorp, Inc. Thank you for choosing TriumphPay to assist you with the process and improvements to your operations. Find locations. Triumph Financial is a financial and technology company focused on payments, factoring and banking. Data from the traditional factoring business at TriumphPay in the earnings shows the impact of a sliding market. To connect with TriumphPay directly and get answers to your questions or to schedule a demo, visit the TriumphPay Contact page. Once the invoice is located, click the invoice line to see the details. Fri, 10 Nov, 2023 at 9:45 AM. Triumph Business Capital is proud of its membership. Seleccione My users en la parte superior de la página. Triumph, a member of the Triumph Financial portfolio of brands and a provider of working capital financing solutions to the transportation industry, appointed Tim Valdez president of its factoring division. If you do not see the email with your verification code, check your Spam/Junk folder. Enter the required information and click Submit. Triumph Factoring offers both recourse (lower cost, but you shoulder the risk) and non-recourse (more expensive, but Triumph takes on responsibility for the debt) solutions. TriumphPay is the premier payments network for freight brokers, factors, shippers and carriers in the North American trucking industry offering a structured, secure data exchange. senior vice president and chief strategy officer at TriumphPay, said there had. At FactorLoads, we take a different approach by taking the time to understand your unique needs and then creating a freight factoring program to meet them. TriumphPay also realigned its executive leadership team, as Tim Valdez will join the company as senior vice president and factor leader, Jordan Graft will transition from CEO to strategic advisor and Ed Schreyer will expand his. TriumphPay is the payments network for freight. and the largest broker to join the TriumphPay open payments network. TriumphPay, a division of TBK Bank, SSB, is a carrier payment platform that connects brokers, shippers and factors and aims to increase automation, mitigate fraud and create efficiency by helping brokers pay carriers faster. TriumphPay operates as a division of TBK Bank, SSB, Member of FDIC and is a member of the Triumph Bancorp, Inc. Upload and Create Paperwork. Go to TriumphPay login screen and select the I forgot my password option. Para registrarse, complete la aplicación Factor information request. When it comes to getting paid, TriumphPay keeps you in the driver’s seat. I was a little apprehensive about using a factoring company but once I got started and received my first funding I realized that it was the best for my company! Thanks Triumph!” Google ReviewPrior to joining TriumphPay last year, Valdez worked at WEX Fleet One Factoring, where he managed the daily operations of its transportation factoring portfolio. Contact Information. Together, TriumphPay and HubTran will be uniquely positioned to provide tools to the. Invoice prices declinedThere are open triumphpay jobs in several cities near United States including Dallas, TX, Charlotte, NC What companies are hiring for triumphpay jobs in United States? The top companies hiring now for triumphpay jobs in United States. TriumphPay is the payments network for freight brokers, factors, shippers and carriers in the North American trucking industry. TriumphPay is already providing unparalleled value to the industry by creating new revenue opportunities for brokers, supporting back and front-office administration, and providing working capital for projects or business initiatives. 4. 3 of them have reviews. To ensure only a single factor is being paid, we will hold any broker-carrier relationships whose factor conflicts with the TriumphPay factor of record for that. From using industry best practices including encryption throughout the technology stack, to making security part of our software development process, we know that you depend on us to keep your data safe. , formerly known as Triumph Bancorp. Small and midsize factoring companies. Maintenance. While this could impact future client counts, if the mergers proceed as announced, it will have no impact on TriumphPay. triumphpay. From invoice factoring to equipment financing, we're here to help your business succeed. This option is only available for user with administrative roles. TriumphPay is a division of TBK Bank, SSB, Member of FDIC, and a member of the Triumph Bancorp, Inc. We would like to show you a description here but the site won’t allow us. Triumph Financial is a financial and technology company focused on payments, factoring and banking. Select Broker QuickPay from the drop-down menu. Through our brands - TriumphPay and Triumph - we use technology and innovation to reduce friction in cash flow management and increase the speed of payments for the trucking industry. With TriumphPay Audit up and running, the company plans to focus on reducing inefficiencies in payment processes and providing transparency by continuing to onboard its network onto the product, a network that currently stands at 562 freight brokers and 70 factoring companies. In his role, Valdez will drive the strategy, vision, and growth supporting TriumphPay’s. TriumphPay — a division of Triumph Bancorp’s TBK operating subsidiary TBK Bank SSB — recently announced a deal to acquire HubTran for $97 million in cash. RTS Financial. Headquartered in Dallas, Texas, its diversified portfolio of brands includes TriumphPay, Triumph and TBK Bank. — About 65% of TBC clients generate less than $1,000 per month. TriumphPay; Triumph | 651 Canyon Drive, Suite 105 Coppell, Texas 75019 | (866) 356-0888. 2. TriumphPay, a division of TBK Bank and member of Triumph Bancorp Inc. (Nasdaq: TFIN) is a financial holding company focused on payments, factoring and banking. TriumphPay Triumph | 651 Canyon Drive, Suite 105 Coppell, Texas 75019 | (866) 356-0888 Factoring services offered by Triumph Financial Services LLC. Graft noted TriumphPay’s history as a factoring business, but said leadership saw “greater opportunity to create greater connectivity between the constituents in the market” by opening up TriumphPay to integrations that would “invite brokers and factors into the network. 1. The transaction was structured as the acquisition of TFS’ factoring assets, consisting primarily of $103. Carrier FAQ 21. With its acquisition of Covenant’s factoring business now a done deal, Triumph Bancorp’s third-quarter earnings call focused on the future, with TriumphPay a focus of its growth plans. Ingrese el número de referencia o factura en la barra de búsqueda. 24%. Transportation Factoring; Fleets; Owner-Operators; Freight Brokers; Solutions. (Nasdaq: TBK) is a financial holding company headquartered in Dallas, Texas, offering a diversified line of payments, factoring, and banking services. Log in to you TriumphPay Factor Portal with your username and password. Valdez joined WEX in 2019 when the company acquired Pavestone. In the quarter, TriumphPay added six factoring companies, for a total of 66. More articles by John Kingston. 3. He joins TriumphPay from WEX Fleet One Factoring, where he managed the recourse and non-recourse transportation factoring portfolio. The full-service network at TriumphPay that was built on the back of the HubTran acquisition includes what the company calls a “presentment” of an invoice, an audit of that document and rapid payment. TriumphPay is a division of TBK. The bulk of this decline was driven by a $7. Conference Call Participants. How Do I Select QuickPay? Thu, 22 Jun, 2023 at 9:42 AM. TriumphPay simplifies the management of carrier payments for brokers and shippers including managing verification and collection calls from factoring companies and offers an integrated supply. 3 billion in payments executed on behalf of payors, and its fully conforming network transactions have processed more than $1. Listen to the full. “TriumphPay is, in my view, the golden ticket to drive future shareholder value creation. ET. TriumphPay, the payment and processing arm of Triumph Bancorp, has completed its first round of what it is calling “conforming…If you account already exists and your email matches the existing account, you will need to reset your password. 28, 2021 – TriumphPay, a division of TBK Bank, SSB, today announced its annualized payments volume for…. TriumphPay Audit will do a best-effort detection if the submitted invoice’s remit-to information, does not match what is stored on the carrier record. On the brokerage side, the number of freight brokers on the system is 532. In the quarter, TriumphPay added six factoring companies, for a total of 66. TriumphPay is a division of TBK Bank, SSB, Member of FDIC and a member of. 4) % Purchased. That goes back to 2017. The acquisition of HubTran materially advances our ability to create a seamless payment experience and enhance our service to factoring clients. We are undergoing a scheduled maintenance and will be back online shortly. 494 million in the second quarter, which was up slightly from 1. Now a contributing factor to that is the overall market softened. 8 million decrease in revenue in our factoring business. Select it and forget it! Become a select carrier and take 2. TriumphPay provides tools and services to increase automation, mitigate fraud and create back-office efficiency. Click on Debtors, located on the left side menu. But another contributing factor is, in. We know you’re busy, so we made the payment process easy. Submitting paperwork in the Carrier Portal. The transaction was structured as a sale of TFS’ factoring assets, consisting primarily of $103. The Payments segment includes the operations of TBK Bank's TriumphPay division, which is the payments network presentment, audit, and. TriumphPay is a division of TBK Bank, SSB, Member of FDIC, and a member of the Triumph Bancorp, Inc. The EBITDA margin at TriumphPay was negative 15% for the third quarter. Headquartered in Dallas, Texas, its diversified portfolio of brands includes. Sep 26, 2023. Dec 2. TriumphPay is offered through an. January 20, 2022 Q4 2021 Earnings Release DISCLAIMER FORWARD-LOOKING. Triumph Bancorp, Inc. (Nasdaq: TBK) group. He joins TriumphPay from WEX Fleet One Factoring, where he managed the recourse and non-recourse transportation factoring portfolio. 4. See status and meanings. TBK Bank, SSB is a subsidiary of Triumph Bancorp, Inc. We know you’re busy, so we made the payment process easy. In this new role, Valdez will now oversee the strategic direction of Triumph’s factoring vertical. TriumphPay Calls Out Achievement of First Fully Automated Factoring Payments. Physical Address: 222 N Plymouth Ave. Learn More. brokers as clients. Not all. TriumphPay handles and expedites all payments, factor inquiries and NOAs, making sure each party is correctly paid. TriumphPay is partnering with factors to eliminate manual labor, inefficiency, and risk as they execute and scale their business. TriumphPay calls out achievement of first fully automated factoring paymentsDALLAS – June 22, 2023 – TriumphPay and Trax Group, Inc. Click on the Settings option. Triumph Business Capital, another subsidiary, provides data-driven automation solutions for factoring clients. TriumphPay is the payments network for trucking that integrates all parties with the broker’s and factor’s source of truth, the network mitigates fraud, increases operational efficiency. The collaboration aims to identify and mitigate double-brokering fraud schemes that are increasing in frequency, scale and sophistication. ” The bank’s factoring segment, Triumph Business Capital (TBC), purchased $4 billion during the second quarter, up 31% from a year earlier. Uno de nuestros representantes lo contactará una vez el proceso de creación de su cuenta se haya. More than 500 brokers and 70 factors trust our proven. AscendTMS Load Factoring. Triumph Financial is a financial and technology company focused on payments, factoring and banking. TriumphPay is the payments network for freight brokers, factors, shippers and carriers in the North American trucking industry. Valdez joined WEX in 2019 when the company acquired Pavestone Capital, a recourse factoring company that he co-founded to serve small and middle-market transportation and commercial businesses. m at the International Factoring Association Annual…1. Triumph is continuing to bring on what it calls tier 1 clients, which are brokers or shippers that transport $500 million of freight volume or more in any given year. The collaboration aims to identify and mitigate double-brokering fraud schemes that are increasing in frequency, scale and sophistication. 2 billion. Prior to joining TriumphPay last year, Valdez worked at WEX Fleet One Factoring, where he managed the daily operations of its transportation factoring portfolio. As of today, we have two TriumphPay enabled freight brokers, making payments to five TriumphPay enabled factoring companies in our test program. While a year ago, the focus of its analyst call might have been how Triumph Business Capital, its factoring arm, was performing, now the attention is overwhelmingly on TriumphPay, its rapidly. Where can I find the check number or ACH code for a paid invoice? Wed, 1 Nov, 2023 at 1:29 PM « Previous; 1; 2;TriumphPay Triumph | 651 Canyon Drive, Suite 105 Coppell, Texas 75019 | (866) 356-0888 Factoring services offered by Triumph Financial Services LLC. Search by invoice or reference number. Presione sobre +, en la parte superior derecha de la página y complete la información requerida. Technology Vendors. Your Company Name* Your Company Email*. New Plymouth, ID 83655. After months of planning the 2021. With over 24 years of. 1. , a financial and technology company, focuses on payments, factoring, and banking. About Triumph. We also serve a national client base with carrier payment solutions through TriumphPay, factoring through Advance Business Capital LLC d/b/a Triumph Business Capital, insurance through Triumph. Click Upload NOA/LOR. He joined WEX in 2019 when the company acquired Pavestone Capital, a factoring company co-founded by Valdez that served small and middle-market transportation and. TriumphPay is the payments network for trucking that integrates all parties with the broker’s and factor’s source of truth, the network mitigates fraud, increases operational efficiency. 3 million of net accounts receivable and related transportation factoring assets, in. How Do I Select QuickPay? How can Factoring Administrators manage user accounts? Modified on: Thu, 22 Jun, 2023 at 11:02 AM. TriumphPay is a contributor to earnings rather than a drag. 3 million of net accounts receivable and related transportation factoring assets, in. 3. The final quarter of 2022 showed a negative margin of 114%. Triumph Bancorp, Inc. ” TriumphPay reported 589 brokers on the network in the first quarter of 2023, compared to 580 in the fourth quarter and 584 in the third quarter. Dallas – Sept. TriumphPay is a payments platform focused on the transportation industry. In particular, the payments segment that includes TriumphPay will be broken out separately, as will the factoring business from Triumph Business Capital. Melissa Forman has been named president of TriumphPay, a division of TBK Bank. Acceda a My Profile, localizado debajo del icono de usuario en la parte superior derecha. Knight-Swift Transportation and TriumphPay Bring Security and Speed to Carrier Payments. Graft said profitability at TriumphPay is expected to arrive by the second half of 2021. For assistance, please contact TriumphPay Support, where a first response should be received within 8 business hours. 5% in the first quarter while total payment volume decreased by 9. Apr 14. 1. ”. TriumphPay Triumph | 651 Canyon Drive, Suite 105 Coppell, Texas 75019 | (866) 356-0888 Factoring services offered by Triumph Financial Services LLC. Triumph Business Capital is the traditional factoring business at Triumph Bancorp. If you use the TriumphPay Payments product, the remittance. TriumphPay offers supply chain finance to brokers, allowing them to pay their carriers faster and drive. And that is one of the reasons why TriumphPay landed at number 19 on the FreightTech Top 25. Triumph is a leading provider of cash flow management services for the trucking industry. Through our brands –TriumphPay and Triumph – we use technology and innovation to. 2. The company offers depository products, including checking, savings, money market and certificates of deposit; and loan products comprising commercial real estate loans, land loans, commercial construction and land development loans, residential real. 2. com for further assistance. The update request can take up to. Or -- and on the factoring side, of course, they're using TriumphPay only -- I mean, the primary value to TriumphPay on the factoring side is the receipt and the frictionless presentment, audit. If the payment is posted after 4PM CST, it will be processed the next business day. Get Directions. We've made it easy for you!1. The TriumphPay payments network and integrated technology solutions remove friction and reduce fraud in the presentment, audit and payment of over $37. Overview. The dollar volume of invoices purchased was $2. Schneider becomes 76th broker added to TriumphPay’s open payments network since launching in January. "The carriers in our network play a critical role in our success as a business, so it's important we get their. Mangino and Shields will both report to Renee Galitis, EVP, Chief Information Officer at Triumph Financial. Prior to this promotion, Valdez served as senior vice president for TriumphPay. Valdez joined WEX in 2019 when the company acquired Pavestone. Triumph Financial, Inc. The company offers cash flow management services for the trucking industry comprising invoice factoring, fuel discount programs, truck and. Maintenance. The Factoring segment includes the operations of Triumph Financial Services, which offers factoring services to its customers across a variety of industries with a focus on transportation factoring. February 08, 2023. DALLAS, Nov. If the client is listed, the Notice of Assignment (NOA) is. The choice is yours. Access TriumphPay website and enter your email address. TriumphPay, the payment and processing arm of Triumph Bancorp, has completed its first round of what it is calling “conforming transactions,” in which the infrastructure it has built organically and through the acquisition last year of HubTran completed a fully automated “soup to nuts” factoring payment. Valdez joined WEX in 2019 when the company acquired Pavestone. This has given way to an arms race of sorts, as companies push for the latest in FreightTech to gain an advantage in the ever-changing market. The number of invoices purchased was 1. 8% to $20. TriumphPay began its operations as a sister company to the factoring business of Triumph Business Capital by offering brokers quick pay. A pop-up window will appear on the right side of the screen with the most recent updates about TriumphPay portal. TriumphPay Audit Document Viewer Key Board Shortcuts. Triumph provides a unified product offering that includes invoice factoring, fuel discount programs, truck and cargo insurance and access to equipment finance, banking and treasury services. +1. Did you find it helpful? Yes No. including NOA management and handling verification and collection calls from factoring companies. 5% QuickPay on all your loads for all participating brokers. TriumphPay Factor of Record Holds. Gracias por seleccionar TriumphPay para asistirlo con el proceso y mejoras de sus operaciones. TriumphPay Triumph | 651 Canyon Drive, Suite 105 Coppell, Texas 75019 | (866) 356-0888 Factoring services offered by Triumph Financial Services LLC. Prior to this promotion, Valdez served. To ensure only a single factor is being paid, we will hold any broker-carrier relationships whose factor conflicts with the TriumphPay factor of record for that. TriumphPay is the premier payments network for freight brokers, factors, shippers and carriers in the North American trucking industry, offering a structured, secure data exchange. TriumphPay has continued expanding the reach of its open payments network since it launched earlier this year, providing brokers, factors, shippers and carriers a single solution to manage payments and mitigate fraud and risk. Maintenance. Wells Fargo analyst Jared Shaw maintained a Sell rating on Triumph Financial ( TFIN – Research Report) on July 21 and set a price target of $42. 4. Services. For each carrier across all their various broker relationships, TriumphPay has a single factor of record. TriumphPay is a product of Advance Business Capital, an operating subsidiary of TBK Bank, SSB (Member FDIC). Knight-Swift Transportation and TriumphPay Bring Security and Speed to Carrier Payments. 3. Factoring companies using the network have been flat at 70 for the last three quarters. Image source: The Motley Fool. Brokers who join TriumphPay’s. Once the NOA or LOR is received, it is double processed by a dedicated team to ensure accuracy. We are undergoing a scheduled maintenance and will be back online shortly. To complete this task, TriumphPay executives explained. (Nasdaq: TFIN) is a financial holding company focused on payments, factoring and banking. How Do I Connect with a New Broker in TriumphPay? How Do I Update My Bank Account Information? What is the Payment Status of My Invoice? See all 21 articles. TriumphPay provides digital, frictionless presentment, settlement, and payment experiences giving our partners the freedom to grow their businesses and empowering carriers to determine how and when they would like receive. Through our brands - TriumphPay and Triumph - we use technology and innovation to reduce friction in cash flow management and increase the speed of payments for the trucking industry. That’s growth then of just five brokers over six months. We know you’re busy, so we made the payment process. TriumphPay , a division of TBK Bank, closed its acquisition of HubTran , a cloud-based provider of automation software for the transportation industry's back office. TBK Bank meets the needs of clients through an expansive. Past Events. 2. In the quarter, TriumphPay added six factoring companies, for a total of 66. As of today, we have two TriumphPay enabled freight brokers, making payments to five TriumphPay enabled factoring companies in our test program. How can I see the Carrier Payment Information? How do I submit a NOA or LOR? Is my Notice of Assignment. In 2022, our exit run rate, pre-tax loss for TriumphPay was just under $40 million, annually. The growth in the business is significant enough that TriumphPay is expected to have a run rate payment volume of $7 billion by the end of the year, significantly up from the $3. TriumphPay is an affordable payments solution that connects brokers, shippers, factors and carriers through automated processes. Factor FAQ. 4 Two TriumphPay factoring customers have announced their intent to merge with two other existing TriumphPay factoring customers. To ensure only a single factor is being paid, we will hold any broker-carrier relationships whose factor conflicts with the TriumphPay factor of record for that. (Photo: Jim Allen/FreightWaves) In a quarter in which Triumph Financial recorded a better-than-forecast performance by some measures, the company’s open-loop network also hit a milestone of another sort. Give us a call! (877) 959-6191. (Nasdaq: TBK) is a financial holding company headquartered in Dallas, Texas, offering a diversified line of payments, factoring, and banking services. TriumphPay provTriumph Financial, Inc. To view any of the Loads shown within the search results, click on the hyperlinked "Load ####" returned. For your convenience, you can verify the payment status of an invoice on the TriumphPay Portal. Triumph Factoring works quickly, too – in some cases, it’ll pay out on your invoices the same day you submit them. We value your partnerships and thank you for your interest. 4. Triumph Financial, Inc. TriumphPay, a division of TBK Bank, entered into a definitive agreement to acquire HubTran, a cloud-based provider of automation software for the transportation industry's back-office. Prior to this promotion, Valdez served as senior vice president for TriumphPay. The integration allows shippers and brokers, from their existing MercuryGate TMS account, to outsource the processing of carrier payments and management of factoring companies to TriumphPay, a product offered by a subsidiary of TBK Bank, SSB, the banking subsidiary of Triumph Bancorp, Inc. For a faster response, please submit a ticket for your inquiry at Support. TriumphPay, a leading provider of carrier and vendor payment solutions to the supply chain industry, now has more than 100 brokerages using its payment processing solution.