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IndustryUpdate
ogy company that caters to restaurants, reported that ACQUISITIONS
PyePOS QSR kiosks now have MagTek’s DynaDip and
DynaWave secure hardware built-in. This combination
of payment acceptance devices meets current needs in CheckAlt acquires U.S. Dataworks
quick service restaurants looking to create proper social CheckAlt, an independent lockbox and electronic pay-
distancing and limited interaction while still providing ments provider, acquired the software provider and
excellent customer service and payment security, the engineering firm U.S. Dataworks from The Bankers Bank
partners noted. of Oklahoma. This acquisition expands CheckAlt’s posi-
Shield Compliance, KeyPoint tion to include insource capabilities, allowing banks and
their business customers to internally capture all forms
target cannabis industry of remittance payments, including lockbox receivables,
Shield Compliance, a comprehensive compliance man- CheckAlt noted. U.S. Dataworks’ web-based technology
agement platform for banking legal marijuana-relat- meets the needs for on-premise or remote processing
ed businesses, partnered with KeyPoint Credit Union and embeds the business intelligence to facilitate the
to support KeyPoint's cannabis banking program. conversion of paper payments to electronic, the com-
KeyPoint implemented Shield Assure, Shield's compli- pany added.
ance management tool, Shield Engage, the company's NAB acquires hospitality
client onboarding system, and Shield Transact, which
enables cashless, electronic payments. Cole Saini, direc- technology provider SALIDO
tor of risk management at KeyPoint, said, "We selected SALIDO, a hospitality technology provider, was
Shield Compliance as our technology partner because acquired by North American Bancard, one of the largest
it enables us to deliver on our AML/BSA requirements U.S. electronic payment processors. SALIDO said that
while reducing our reliance on expensive human capital since the acquisition, it has operated in stealth mode,
to manage the program." strengthening its product team, focusing on product
development, and introducing many key features.
NAB mentioned that SALIDO’s Restaurant OS, an
innovative, cloud-based restaurant operating sys-
tem, will help establish NAB’s portfolio as a leader
in the enterprise hospitality software industry. NAB
will vertically integrate SALIDO's Restaurant OS on
Payment Solutions top of its existing payments platform, EPX, to offer
a single and powerful payment solution for all hos-
For App Developers pitality partners.
Payroc acquires eConduit
eProcessing Network provides Payroc Intermediate Holdings LLC, a merchant
payment solutions that intergrate acquirer and global payment processing organiza-
directly into web pages, shopping tion, acquired Blackline Partners LLC, dba eCon-
duit. eConduit is a technology provider that pro-
carts, third-party software, vides software companies the ability to enable their
and mobile apps for both iOS clients to accept complex EMV payments from a
and Android. single, web-based API in over 11 countries. “I’m
extremely excited to bring eConduit into the Payroc
ePN’s FREE Developer family,” said Adam Oberman, co-founder and chief
Support Center provides revenue officer at Payroc. “[It will] fill a gap in
Payroc’s technology stack and give us a domestic
online documentation, and international capability that we’ve long needed
sample code, and support on the card-present front.”
for registered developers.
APPOINTMENTS
ePN has payment options to fit all of
your merchant’s needs Emerging Payments Association
(800) 296-4810 selects new CEO
eProcessingNetwork.com The Emerging Payments Association appointed
experienced business leader and commercial mind
Ben Agnew as its new chief executive officer. "For
© eProcessing Network, LLC. All Rights Reserved. All trademarks are the property of their respective holders.
over 15 years, Ben has excelled in the events, digital
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