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IndustryUpdate

over 1.2 billion potential customers in the Asia Pacific ACQUISITION
region through the Alipay+ cross-border payment and
merchant marketing solution. This includes access to a
network of Asia’s leading local e-wallets. Alipay started NCR to acquire LibertyX
offering its partners a cross-border payment and mer- Enterprise technology provider NCR Corp. signed a
chant marketing solution in early 2020 to make it easy definitive agreement to acquire LibertyX, a cryptocur-
for businesses to accept different payment methods and rency software provider. The LibertyX digital currency
conduct cost-effective digital marketing campaigns, the solution now runs on ATMs, kiosks and POS systems.
partners noted. LibertyX partners with independent ATM operators that
Paysafe, ARC team up for airlines own and manage ATMs in the United States at locations
like convenience stores, pharmacies and supermarkets.
Paysafe, a specialized payments platform, recently Moving forward, NCR will offer the LibertyX capabili-
revealed a new payments "safeguarding" acquiring ties as part of its solutions for banks, retailers and restau-
model for airlines in the United States, along with rants. NCR’s digital wallet and mobile applications will
a partnership with ARC, a Virginia-based provider provide these capabilities across NCR’s physical and
of settlement services for airline transactions initiated digital touchpoints, NCR noted.
through travel agencies in the United States. Under the
agreement, Paysafe will offer ARC’s airlines a payments APPOINTMENTS
acquiring solution that gives them financial flexibility by
innovating on the traditional approach of tying-up the
airlines’ liquidity with their banks to cover risk, which Jason Chomik joins FDX
has proven increasingly challenging during the COVID- Financial Data Exchange hired Jason Chomik to serve
19 pandemic, Paysafe said. as director of its Canadian operations and to lead FDX’s
development of the FDX API for use in Canada. Chomik
comes to FDX after 25 years in the payments and digi-

payments.apriva.com/greensheet