The Dawn of a New Era: Discover our journey from Cardknox and Fidelity Payments

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Introducing Sola and our new CEO, Michael Reed

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Introducing Sola and our new CEO, Michael Reed

Oct 22, 2024

We are excited to announce a major milestone in our company’s evolution: Fidelity Payment Services and our proprietary gateway, Cardknox, have come together under the new unified brand, Sola.

As Sola, we will continue delivering the seamless, scalable payment solutions our merchants rely on to power their businesses. At the same time, our new integrated brand affords us the opportunity to take bigger and bolder strides to execute our mission to power prosperity through exceptional experiences for everyone.

To that end, we’re thrilled to welcome Michael Reed as CEO of Sola, whose vision for customer-centric innovation will drive our technology and services forward to provide greater value to our merchants and ISV/ISO partners. Michael draws on more than 20 years of payments industry experience, including leadership roles at Deluxe, Barclays and Bank of America Merchant Services, to position Sola as a leader in delivering flexible end-to-end payment solutions designed to meet the evolving needs of modern businesses.

With Sola, you can expect the same commitment to quality and service that you’ve always trusted, alongside new opportunities for growth and innovation.

Why Sola?

By unifying under one brand, we are better positioned to provide more innovative, omnichannel solutions that meet our merchants’ and partners’ needs today and in the future. Business goals and tactics evolve constantly. Amid the flurry of change, Sola aims to be an anchor point of reliability that you can count on to provide the cutting-edge payment tools and technology needed to drive business growth.


What’s changing?

The short answer is nothing is going away, and our services are only getting better. By combining the robust capabilities of Fidelity and Cardknox, Sola is now an end-to-end integrated payments platform. The result is a more streamlined solution that provides faster, more secure payments and deeper integration with our ISV and ISO partners through our PayFac-as-a-service platform. This enables merchants to manage payments more efficiently and gain greater control over transactions with ease.

In the coming months, we plan to introduce enhanced features designed to further enhance the Sola platform. Up first, we are working to uplevel our instructional funding capabilities and introduce robust features that will allow ISVs to control the flow of payments for greater oversight and customization. Stay tuned for more details as we roll out this and other product updates.

What’s staying the same?

While our brand is changing, our dedication to serving our customers remains steadfast. The same trusted support team and reliable service you’ve come to expect will continue to be a cornerstone of our business under the Sola name. Superior technology is a must — but it’s our people who build strong partnerships and inspire trust with our merchants. As we transition to Sola, you can be confident that the relationships we’ve built with you, and the exceptional support that has always set us apart, will remain at the heart of everything we do.

The future of payments is now.

As we embark on this exciting new chapter as Sola, we’re more committed than ever to providing innovative payment solutions tailored to your business needs. Whether you’re looking for ways to streamline your payment processes or curious about how our enhanced platform can help your business grow, our team of experts is here to help.

Reach out to connect with our payments experts and learn how we can customize our solutions to meet your specific needs and take your business to the next level.

See our official press release about the rebrand and executive appointment.

Ready to get started with Sola?

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