International Flavors & Fragrances Inc
Change company Symbol lookup
Select an option...
IFF International Flavors & Fragrances Inc
NEMD iNeedMD Holdings Inc
CVS CVS Health Corp
CMI Cummins Inc
INVH Invitation Homes Inc
OII Oceaneering International Inc
SINO Sino-Global Shipping America Ltd
MLM Martin Marietta Materials Inc
KO Coca-Cola Co
VICI VICI Properties Inc

Materials : Chemicals | Mid Cap Blend
Company profile

International Flavors & Fragrances Inc. provides products that consumers taste, smell, or touch. It operates through three segments: Taste, Frutarom and Scent. Taste is comprised of Flavor Compounds which are sold to the food and beverage industries for use in consumer products, such as prepared foods, beverages, dairy, food and sweet products. Frutarom segment creates and manufactures a naturals-focused suite of flavor compounds, functional foods and specialty fine ingredients. Scent segment is comprised of Fragrance Compounds, which are used by its customers in two broad categories: Fine Fragrances and Consumer Fragrances; Fragrance Ingredients, which consists of synthetic and natural ingredients that can be combined with other materials to create fragrance and consumer compounds; and Cosmetic Active Ingredients, consisting of active and functional ingredients, botanicals and delivery systems.

Closing Price
Day's Change
-0.26 (-0.25%)
B/A Size
Day's High
Day's Low

10-day average volume:

Jifiti Partners with Mastercard to Scale Point of Sale Consumer Financing Solutions

10:03 am ET September 8, 2020 (BusinessWire) Print

As more people enter the digital economy, credit and consumer financing is evolving - providing increased flexibility for more people, catering to new shopping trends and behaviors, and empowering retailers with new experiences. To meet shifting consumer demands, Jifiti has today announced the expansion of its partnership supporting both merchants and issuers with Mastercard, to scale its point of sale installments offering to provide more options for consumers at checkout.

"We're proud to be expanding our partnership with Mastercard, a global payment and technology company that is so committed to delivering value to merchants and consumers," shared Yaacov Martin, Co-Founder and CEO at Jifiti. "Together, we are bridging the gap between merchants, consumers and lenders by offering a minimal-integration platform. The key to success in the retail space is the ability to quickly test, launch and roll out shopping experiences that their customers will love. Together we will make that more accessible to banks, merchants and consumers."

Point-of-sale (POS) financing is growing 20% a year in the U.S. with similar growth rates found in Europe, Asia and Australia. Globally, it is predicted to grow to $2.52 trillion in 2022(1). Jifiti's technology is supporting that growth - consumers are connected to a variety of lenders, giving them a choice of financing options for their purchases, and allowing them to plan and manage repayments over an extended period.

Retailers are able to capitalize on this consumer demand by simply and securely offering financing programs, benefiting from increased purchase completion and reduced shopping cart abandonment. Jifiti's platform is fully integrated using Mastercard's Application Programming Interface (API) technology, enabling lenders and retailers to easily upload their loan products which are then displayed to the customer at the point of sale (POS). And through Jifiti's zero-integration solution retailers can implement programs with minimal IT resources or systems integration.

"Mastercard is creating a future where payments keep pace with the way we live, work and do business. We are constantly working to provide responsible options for consumers in how they manage their finances and spend, while providing more flexibility, control, and transparency," said Zahir Khoja, Executive Vice President, Merchant Solutions and Partnerships, Mastercard. "Our work with Jifiti and the wider consumer financing ecosystem continues to accelerate as we deliver innovative solutions and credit options in the moment consumers are seeking them."

About Jifiti

Jifiti is a fintech company with offices in the US and Tel Aviv, Israel. Its proprietary POS-financing platform is changing the way lenders and merchants implement and offer consumer financing at the point-of-sale. The end-to-end solution works seamlessly with any existing POS or e-commerce system, eliminating the integration process between lenders and the merchant's systems. Jifiti operates in North America and Europe, supporting global retail brands and financial institutions.

About Mastercard (NYSE: MA), Mastercard is a global technology company in the payments industry. Our mission is to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.

(1) POINT-OF-SALE FINANCING: Poised as a Leading High-Growth Offering from Banks and Fintechs. LendIt Fintech Conference LLC. White Paper. 2020

View source version on

SOURCE: Jifiti

Shaul Weisband
Co-Founder, CMO
comtex tracking

Earnings Calendar and Events Data provided by |Terms of Use| © 2020 Wall Street Horizon, Inc.

Market data accompanied by is delayed by at least 15 minutes for NASDAQ, NYSE MKT, NYSE, and options. Duration of the delay for other exchanges varies.
Market data and information provided by Morningstar.

Options are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses.
Please read Characteristics and Risks of Standard Options before investing in options.

Information and news provided by ,, , Computrade Systems, Inc., , and

Copyright © 2020. All rights reserved.