Page 15 - gs210201
P. 15

IndustryUpdate




        PARTNERSHIPS                                              Based in Roswell, Ga., 1st Payment creates comprehen-
                                                                  sive payment programs for associations and integrated
                                                                  software vendors in the Powersports and healthcare
          Century, Technology Management                          industries. Pineapple's technology is a focus of this deal,
          Concepts team up                                        giving 1st Payment the ability to introduce new solu-

          Century Business Solutions partnered with Technology    tions and enabling both companies to deepen relation-
          Management Concepts to allow credit card process-       ships with new and existing association partners. The
                                                                  companies stated they are working together to leverage
          ing directly within Dynamics 365 Business Central.
          Century's development team built a payments inte-       Pineapple's proprietary Transax platform, including its
                                                                  out-of-the-box features and suite of APIs, to offer more
          gration  for  Dynamics  365  that  uses  Century's  propri-
          etary payment  gateway,  EBizCharge,  to  provide  credit   targeted solutions that increase revenue and create a bet-
                                                                  ter payments experience for all. Terms of the acquisition
          card processing to merchants nationwide. The partner-
          ship between Technology Management Concepts and         were not disclosed.
          Century is expected to help streamline workflow, elimi-
          nate  double  data  entry  and  make  payment  processing   APPOINTMENTS
          more efficient within Dynamics 365 Business Central.
                                                                  GPS appoints Damien Gough
          FNB partners with PAI, Royal Farms
                                                                  Damien Gough joined Global Processing Services as
          First National Bank, Payment  Alliance International    head of Asia Pacific. With more than 14 years' experi-
          and Royal Farms formed a partnership to deploy more     ence working with fintechs across the region, Gough is
          than 190 FNB-branded PAI  ATMs in 93 Royal Farms        expected to be instrumental in growth for GPS in that
          convenience stores throughout Maryland and in the       area. He was previously head of issuer processing and
          Washington, D.C., metropolitan area.                    enablement partnerships, Asia Pacific, at Visa, where he
                                                                  was responsible for forging regional and global partner-
          These machines increase FNB's multistate ATM network    ships with third-party processors and BIN sponsors.
          by more than 30 percent, FNB stated, adding that the    While there, he also spearheaded sales activities and
          agreement enables it to connect cash distribution ser-  solutions with leading regional fintech issuers.
          vices with online and mobile banking offerings, provid-
          ing convenient access to banking services throughout a   Alexander Nicolaus joins Paysend
          broader geographic region. In addition to withdrawals,
          transfers and balance inquiries, several of the Royal   Paysend hired  Alexander Nicolaus as its chief people
          Farms FNB  ATMs will also feature check and cash        officer. Nicolaus' career as an influencer has spanned
          depositing capabilities.                                Europe,  China  and  Asia,  and  he  has  "helped  large
                                                                  corporates (Willis, Barclays, Jaguar Land Rover and
          TrustID, TruNarrative provide document review           Accenture) and some of the fastest growing startups in
                                                                  South East Asia with their people and culture challenges
          TruNarrative partnered with TrustID to integrate        in this new era of digital disruption," Paysend stated,
          TrustID's expert  document review service into the      adding that managing a remote workforce prompted
          TruNarrative platform. TruNarrative delivers financial   the addition of Nicolaus to the team to reinforce and
          crime detection, customer onboarding and transaction    reinvigorate the company's culture and create a high-
          monitoring  to  banks,  financial  services,  ecommerce   performance organization.
          businesses and gambling operators. TrustID's expert
          review service combines human analysis and machine      BigID hires Jim Routh
          processing to verify identity documents. TruNarrative
          customers can now build TrustID's expert review into    BigID, a provider of data discovery and intelligence for
          their onboarding journeys, to reliably  and  consistently   privacy, protection and perspective, brought Jim Routh
          verify identity, detect fraudulent documentation and    on board as its new strategic advisor. With over 30 years
          gain the insight they need to make informed onboarding   of experience, Routh brings deep expertise in cyber-
          decisions, the partners stated.                         security and risk management from previous senior
                                                                  leadership roles at Fortune 1000 companies, including
        ACQUISITION                                               CVS, Aetna, KPMG, DTCC and American Express, BigID
                                                                  stated. As an adviser, he will provide strategic guidance
                                                                  to BigID's leadership team and advise on cybersecurity
          Pineapple Payments acquires 1st Payment Systems         and data protection product innovation.
          Pittsburgh-based payments technology company
          Pineapple Payments acquired 1st Payment Systems.




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