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IndustryUpdate
a space where a single dispute can cause significant Carbonite joined the Savify family of vendors. Savify
revenue loss, merchants must implement a chargeback prides itself on providing value to U.S. customers by
solution to protect their revenue, they added. offering unparalleled savings on products and services
customers use daily.
Heartland, MarketMan team up
MarketMan, an inventory management platform power- APPOINTMENTS
ing the restaurant and hospitality industry, formed a
strategic partnership with Heartland Payment Systems Mercator hires Don Apgar
Inc. to help restaurants run their back-of-house opera-
tions more efficiently and reduce their cost of goods. Payments industry research and advisory services firm
This partnership includes a joint technology integra- Mercator Advisory Group appointed Donald Apgar to
tion designed to enable current and future Heartland its research leadership team as director of its merchant
Restaurant POS customers to seamlessly add powerful services practice. Apgar brings an extensive background
inventory management and supplier ordering capabili- in all facets of the payments industry and will leverage
ties through MarketMan, the partners stated. his knowledge and experience in merchant acquiring to
deliver valuable insights for Mercator’s clients, Mercator
Monneo, iDenfy partner on verification stated. During Don’s career, he led teams that made card
acceptance ubiquitous among enterprise merchants in
Monneo, a virtual international bank account number every vertical market, including emerging markets like
(IBAN) and ecommerce bank account provider, said it grocery, fuel, B2B, and government; built the vendor
partnered with iDenfy, an identity verification service acceptance plan that was pivotal to Citibank’s winning
that provides a secure, reliable solution to instantly ver- bid for the GSA commercial card program; held senior
ify consumers identity online. Monneo reported it was management and advisory roles with several ecommerce
experiencing an increasing number of delayed applica- startups, ISOs, and SaaS companies; and has broad
tions due to the manual and in-person processing time experience in compliance, operations, technology and
to verify identification, which was exacerbated follow- product development.
ing the COVID-19 pandemic and lockdowns. Monneo
expects this partnership will provide an efficient, secure, Three execs join F1 Payments
and reliable service for a smooth and hassle-free client
onboarding process. F1 Payments appointed three payments and fintech
veterans to senior leadership positions to fuel growth:
Transcard, Previse to offer Joel Gambiana, chief revenue officer; Tedd Huff, head
embedded early payments of corporate strategy; and William Popok, chief financial
officer. Gambiana has more than 23 years' experience in
Transcard, a provider of payments and technology the payments and fintech sphere, having served in sales
solutions, partnered with Previse to embed Previse’s leadership roles at Chase Paymentech, Bank of America
early payment discount solution in Transcard’s SMART Merchant Services, First Data, MerchantE, Paya, RBS
Exchange account-to-account payment platform. Worldpay and TransFirst. He has also been an adviser
Previse’s artificial intelligence (AI)-driven technology for JSG Capital for over a decade.
enables day-1 payments to suppliers that otherwise
might take weeks or months. Trained on billions of Huff, with 23 years of experience, has provided strategic
dollars’ worth of invoice data, the Previse solution and tactical direction for Global Payments OpenEdge,
automatically assesses which invoices are likely to be Heartland Payments, Nuvei and TSYS among oth-
paid and provides suppliers with the option of receiv- ers. He is also podcast host and producer of Fintech
ing immediate payment, simply by clicking a button, Confidential and the founder of the Diamond D3 con-
the partners stated. Embedding Previse’s early payment sulting firm. Popok has over 25 years in the payments
discount technology into Transcard’s SMART solution and tech industries, having served as chief financial offi-
suite makes it easy to accelerate payments to suppliers, cer at Total Merchant Services, vice president of finance
they added. at SADA Systems, and in division controller and finance
director roles at Intuit and Agilent Technologies.
ACQUISITION MorganFranklin taps Perry Menezes
Savify vendor Carbonite now an MorganFranklin Consulting, a finance, technology and
OpendText company cybersecurity consultancy, hired Perry Menezes as a
managing director in its cybersecurity practice. Menezes
Carbonite Inc., which specializes in data protection and has deep cybersecurity and financial services expertise
cybersecurity, entered into a definitive agreement to be useful to clients in navigating rising cybercrime, cyber-
acquired by OpenTextTM, a provider of enterprise infor- security, and compliance challenges. Directly prior,
mation management software and solutions. In addition, Menezes was a partner at KPMG, where he led its
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