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Industry
Chapter
ChapterTitleTitleUpdate
ment applications, corporate purchasing cards and busi- ACQUISITIONS
ness fleet fueling/maintenance cards.
NAB, PayAnywhere team with Discover NCR adds Digital Insight, Alaric
North American Bancard, in partnership with Discover NCR Corp. reached an agreement to acquire online
Financial Services, added PayPal acceptance as a mer- and mobile banking solutions provider Digital Insight
chant option. Additionally, PayAnywhere, a mobile Corp. for $1.65 billion, further expanding NCR's bank-
payment solution powered by NAB, will offer PayPal ing industry enterprise software platform. Separately,
to mobile merchants. "Our ongoing goal is to simplify NCR completed the acquisition of Alaric Systems Ltd., a
the payment processing universe for our merchants secure transaction switching and fraud prevention soft-
and their customers," said Marc Gardner, NAB founder, ware developer, at a price of about $84 million.
President and CEO. "That's exactly what this new rela- Green Dot received green light
tionship with Discover and PayPal accomplishes."
VeriFone taps into France, Egypt Green Dot Bank, a subsidiary of Green Dot Corp.,
received regulatory approvals to proceed with the pur-
VeriFone Inc. entered an agreement with France-based chase of the Walmart MoneyCard Portfolio of reloadable
Réseau Clubs Bouygues Telecom, the consumer retail prepaid debit cards from GE Capital Retail Bank. The
affiliate of mobile operator Bouygues Telecom, to offer transaction is expected to close during the first quarter
its PAYware Wynid managed services software, help- of 2014.
desk support, gateway services and VX 820 PIN pads in
RCBT's 400 retail stores. In a separate agreement with APPOINTMENTS
e-finance, a payment gateway provider based in Egypt,
VeriFone expects to deploy 18,000 mobile POS systems Mouzakiotis joins Federated
in gas stations across Egypt.
Federated Payment Systems appointed Jim Mouzakiotis
as its Vice President of Business Development. With
nearly two decades of experience and expertise in the
merchant acquiring industry, Mouzakiotis excels in
Has Danielle taken you on interpersonal and "closer" sales skills with superior
leadership and management talent, Federated stated.
your personalized His prior professional experience also includes posi-
virtual tour yet? tions at Wells Fargo & Co., Acorn Mortgage Specialists,
American International Group and First Data Corp.
Reinmuth signs on at Meritus
Chris Reinmuth joined Meritus Payments Solutions
as Vice President of Mid Market Sales. Most recently
Reinmuth was the Vice President of Direct Response at
Litle & Co. Backed by more than 15 years of industry
experience, Reinmuth brings with him a wealth of pay-
ment processing and knowledge both to the Meritus
team and their respective channel partners, Meritus said.
He also sits on the ERA Board of Directors and currently
serves as Chairman Elect of the association.
ACI adds executives, new headquarters in
Americas
ACI Worldwide bolstered its Americas leadership team
and opened a new Latin and South America head-
quarters in Sao Paolo, Brazil. ACI's new executive
appointments include: Andreas Suma, Vice President &
General Manager for Latin America; Jonathan Lerner,
Vice President & General Manager for U.S. Banks; and
Call Danielle directly Cliff Elam, Vice President of Americas Operations and
707-284-1686 Planning. They will report to Jeremy Wilmot, Senior
Vice President and Managing Director of Americas, ACI
Worldwide.
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