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IndustryUpdate

ed cards, with general purpose reloadable cards record- FinTech Sandbox facilitates innovation in the financial
ing the highest loads. sector by making data and infrastructure available to
qualified fintech startups when such access is most
Mobey Forum dissects IoT opportunity for FIs impactful, FinTech Sandbox stated.
Financial institutions (FIs) should act now to determine
the impact of the Internet of Things (IoT) or risk los- ACQUISITIONS
ing their competitive edge, according to a new report
from the IoT Expert Group at Mobey Forum. IoT in PAI acquires ISA-Ecash
Financial Services: Roles and Opportunities for Financial
Institutions outlines what FIs should consider to ensure Payment Alliance International acquired ATM opera-
they don't become displaced in the IoT ecosystem, tor ISA-Ecash. The acquisition adds 40-plus financial
Mobey Forum said. institution customers with 960 ATMs located through-
out the Northeast to PAI's existing nationwide network
Increasing smart-device of more than 75,000 ATMs, PAI stated. The acquisition
penetration propels growth also encompasses ISA-Ecash's industry-leading ATM
Manager Pro software, which makes it easier for ATM
According to a ResearchAndMarkets report titled Global deployers to maintain total command of ATM and cash
Mobile Commerce Market Outlook 2019-2024, the mobile operations, PAI added.
commerce market is expected to register a compound
annual growth rate of 27 percent by 2024. Driving the Celero acquires Elmhurst Financial, TIPS
m-commerce market are increasing adoption of smart
devices, better broadband connectivity, cheaper services Celero Commerce reported that it acquired Elmhurst
and social adoption of m-commerce services. Challenges Financial Services and Tandem Innovative Payment
include dependency on Internet networks, monetizing Solutions to strengthen its expertise in providing indus-
the user base and fierce competition. try-leading payment processing, business management
software, technology, and customer support to its FI
partners and SMB customers.
PARTNERSHIPS
APPOINTMENTS
CampusLogic, Vemo partner to enable
students' financial success Paystand hires Mark Hassin to lead sales

CampusLogic, higher education's comprehensive stu- Mark Hassin joined Paystand as senior vice president of
dent financial success platform, revealed a new strategic sales. Prior to Paystand, Hassin was chief revenue officer
partnership with Vemo Education, an income share at accounts payable software provider Tipalti. Before
agreement (ISA) platform company for higher education. that, he was president of strategic accounts at ecom-
Through the partnership the companies will collaborate merce payment processor BlueSnap.
to create a unified student experience that incorporates
ISA information directly into the CampusLogic technol- NAC taps Debbi Haacke
ogy platform when a school makes an ISA available to
a student. The National ATM Council Inc., America's trade
association representing the independent/retail ATM
Trustonic, Rubean, CCV to develop industry, chose Debbi Haacke, president of ATM ISO
secure mPOS PIN entry TransNational ATM Corp., to serve as vice-chair of
NAC's Governmental Affairs Committee. "NAC is truly
Trustonic partnered with Rubean AG and CCV to excited and proud to have such a strong, polished and
develop a mobile POS solution that accepts higher- effective ATM professional as Debbi Haacke joining
value transactions by enabling hardware-protected PIN our vital governmental affairs team," said NAC Chair
entry on commercial off-the-shelf smartphones. Using a George Sarantopoulos.
smartphone as an mPOS solution enables merchants to
save money on payment acceptance hardware, improve Sequent names Joan Ziegler new CEO
efficiency and increase customer satisfaction, the part-
ners stated. Joan Ziegler joined Sequent Inc. as chief executive officer
and member of the board of directors. Sequent secures
Dow Jones, a FinTech Sandbox data partner data on the move by tokenizing personally identifiable
information. Previously, as CEO of PrivaSys and FiTeq,
Dow Jones joined FinTech Sandbox as a data partner. Ziegler created dynamic authentication, the security
Dow Jones is providing access to its content, as well as behind mobile contactless and NFC payments.
thousands of licensed news and data sources, to FinTech
Sandbox startups via DNA, its developer platform.

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