Page 15 - GS190301
P. 15

IndustryUpdate




          believe the driver of the ongoing expansion will come   support for additional tournaments and leagues. This
          from the consumer sector, which accounts for approxi-  partnership extension further reinforces paysafecard's
          mately 70 percent of economic activity."               commitment to the global esports space, which attracted
                                                                 around 280 million viewers in 2018, Paysafe stated.
        PARTNERSHIPS
                                                               ACQUISITIONS

          AmEx, Bill.com introduce Vendor Pay
                                                                 Clearent acquires Coolfront Technologies
          American Express Co. and Bill.com formed a strate-
          gic partnership with a new offering: American Express   FieldEdge and its parent, integrated payment-solutions
          Vendor Pay by Bill.com. Vendor Pay couples automating   company Clearent, acquired Coolfront Technologies.
          the accounts payable process with the ability to seam-  Coolfront  –  a  provider  of  flat-rate  pricing  and  mainte-
          lessly pay vendors with an American Express Business or   nance agreement management systems in the HVAC,
          Corporate Card – without setting up a new card account.   plumbing and electrical industries – will retain its exist-
          The  solution  streamlines  vendor  payments,  improves   ing brand and operate as an independent subsidiary of
          working capital and cash conversion cycles, and provides   FieldEdge under the Clearent Software Holdings portfo-
          better data for payment reconciliation, all while helping   lio of companies.
          businesses  earn  the  rewards  of  the  card,  the  partners
          stated.                                                DiscoverOrg gains ZoomInfo
          Mastercard, Token.io partner for                       DiscoverOrg acquired Zoom Information Inc. The two
          new open banking hub                                   companies stated they came together to provide sales,
                                                                 marketing and recruiting professionals access to the most
          Mastercard selected turnkey open banking platform      trusted and comprehensive business-to-business data
          provider Token.io Ltd. to power the connectivity layer of   available in the market.
          its open banking hub. The hub will connect merchants,
          retailers and other regulated third parties to financial   "High-quality data is the fundamental go-to-market
          institutions in Europe for data and                    requirement for growth," said DiscoverOrg co-founder
          payment  transactions,  the  partners
          said. Mastercard's services will include
          a pan-European directory, dedicated
          dispute resolution mechanism and
          connectivity hub.

          ControlScan certified as
          Verifone MNSP
          ControlScan, a provider of managed
          security and compliance solutions, was
          certified by Verifone as a Managed
          Network  Service  Provider (MNSP).
          Under the new MNSP partner pro-
          gram, convenience retailers utilizing
          Verifone  Commander  and  RubyCi
          POS systems are approved to use
          ControlScan for managed security and
          other network-related services.

          paysafecard, ESL
          extend partnership

          Online prepaid payments provider
          paysafecard and global payments pro-
          vider Paysafe Group expanded their
          partnership with esports company
          ESL. In addition to paysafecard's spon-
          sorship of community competitions
          through ESL Play, the collaboration
          will increase the partnership's interna-
          tional footprint through paysafecard's

                                                                                                                15
   10   11   12   13   14   15   16   17   18   19   20