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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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