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IndustryUpdate

PayBright, Next Gen POS target revenue tracking and attendee experiences. The acquisi-
bar, nightclub payments tion, the company noted, aligns with its mission to offer
an all-in-one solution for event planning, promotion and
PayBright, a merchant services provider, formed a execution, and follows a series of strategic acquisitions
partnership with Union, a data-driven hospitality POS expanding Events.com's capabilities in live and virtual
and engagement platform serving high-volume bars, events.
nightclubs and restaurants. As PayBright's preferred
POS solution for hospitality venues, Union offers tools Infinx acquires i3 Verticals' RCM business
that enhance operational efficiency, accelerate service by
up to 80 percent, enable mobile payments and provide i3 Verticals Inc. agreed to sell its healthcare revenue cycle
real-time analytics for personalized guest experiences, management (RCM) business and proprietary technol-
the partners stated. PayBright CEO Dustin Magaziner ogy to Infinx Inc. in a $96 million all-cash deal, closing
praised Union's ability to integrate these features into a simultaneously with the agreement. i3 Verticals plans to
user-friendly platform. Union noted that it powers over focus exclusively on its public sector vertical, including
1,500 venues nationwide and processes $2 billion annu- K-12 public education, to drive growth and innova-
ally. The partnership aims to deliver innovative, data- tion while providing integrated software solutions for
driven solutions that help hospitality businesses grow payment processing, nutrition services, event ticketing
and improve customer loyalty. and administrative management. i3 Verticals CEO Greg
Daily expressed confidence in the healthcare team’s
Temenos, Zest AI to deliver future with Infinx, while Infinx CEO Jaideep Tandon
underwriting, fraud detection welcomed the acquisition as a strategic fit.

Zest AI said it achieved native integration of its APPOINTMENTS
AI-powered underwriting and fraud detection technol-
ogy with Temenos Loan Origination, providing U.S.
financial institutions with advanced tools to boost loan High-caliber trio joins Worldline team
approvals and manage risk. This collaboration enables Worldline appointed three senior leaders – Candice
lenders to analyze thousands of data points for more
accurate credit decisions while using Zest Protect to Dillon, Joachim Goyvaerts and Tim Minall – to strength-
en its leadership team and enhance its delivery capac-
detect fraud in real time without disrupting customers,
the partners stated. The integration, they added, allows ity. Candice Dillon will join as group chief technology
officer and executive committee member on July 1, 2025,
banks and credit unions to automate 60 to 80 percent of
lending decisions and reduce charge-offs by 20 percent. taking direct ownership of the company's merchant ser-
vices' technology teams. With a background leading IT
Together, Zest AI and Temenos aim to help financial
institutions compete with fintechs, expand credit access, integration and strategic programs at Vodafone Ziggo,
NN International and Accenture, Dillon brings valuable
and deliver faster, more secure lending experiences.
expertise for advancing Worldline's platform conver-
gence and innovation goals, the company stated.
ACQUISITIONS
Joachim Goyvaerts was named head of SMB, report-
Events.com acquires Upped Events ing to Head of Merchant Services Paul Marriott-Clarke.
Goyvaerts offers over 20 years of experience across
Events.com, a global provider of event technology, commercial, product and management roles, including
acquired Upped Events, an event management com- as CEO of EMS (Fiserv) and leadership roles at PayPal
pany known for streamlining operations and enhanc- focused on business development and global part-
ing attendee engagement. This integration strengthens ner strategies. His appointment is expected to bolster
Events.com's platform by adding Upped's contactless, Worldline's position and product strength in the vital
app-based mobile payment system, enabling flexible on- SMB segment.
site payments and real-time analytics, events.com stated,
adding that event creators will benefit from unified data Tim Minall will assume the role of chief risk officer
insights across ticketing and transactions, improving for Worldline's global merchant services business, also
effective July 1. With three decades working in banking,
payments and fintech, Minall brings deep expertise in
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