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IndustryUpdate
Sionic, Salon Media22 collaborate has more than two decades of IT industry leadership
experience addressing and deploying solutions such
Sionic Mobile Corp. and Salon Media22 partnered to as secure mobile services, hybrid cloud integration, big
launch Style Rewards, a mobile payment and loyalty data capabilities, and national cyber security programs,
app for stylists and salon clientele. Powered by Sionic CPI stated.
Mobile's ION Commerce Engine, the Salon Media22
online center allows salon owners to "go mobile" with no Ripple promotes Garlinghouse
upfront cost, monthly fees or equipment purchases, the
partners stated. Salon Media22 clients also have access Ripple reported Chris Larsen transitioned from his
to mobile marketing tools, including mobile advertis- operational role as the company's CEO to its Executive
ing; salon-branded e-gift cards; client rewards; and fast, Chairman; Brad Garlinghouse was named his succes-
secure mobile payments, the companies added. sor, effective Jan.1, 2017. Garlinghouse has served for
more than a year and a half as Ripple's President and
ACQUISITIONS Chief Operating Officer. In that role, Garlinghouse built
Ripple's organization to support a global enterprise
Accenture finalizes consulting firm acquisition software business, established operational excellence
and led extensive growth in customer adoption, the
Accenture LLP completed the acquisition of Management company noted.
Consulting Group subsidiary Kurt Salmon, a global
strategy consulting firm focused on the retail industry. Grech signs on with Fiserv
Over 260 employees of Kurt Salmon across the United
States, Germany, the U.K., Japan and China are now Fiserv Inc. named Jim Grech as its Chief Information
part of the Accenture Strategy retail industry practice. Officer. Grech, who has spent the majority of his career
Founded in 1935, Kurt Salmon brings to Accenture in financial services technology, joins Fiserv from BNY
Strategy its established leadership in operational strat- Mellon, where he was responsible for the firm's global
egy consulting, Accenture noted. technology infrastructure. At Fiserv, Grech will oversee
information technology infrastructure and operations,
Finical purchases Safeguard Bankcard corporate systems, enterprise architecture and technol-
ogy governance. He will also lead the company's focus
Finical Inc. reported that it acquired Safeguard Bankcard on next generation technology platforms, Fiserv noted.
LLC, a rapidly growing provider of merchant services
in Atlanta. Finical also stated it entered into binding WesPay appoints Selmi
agreements for two additional acquisitions. "Our focus
has always been on developing mutually beneficial part- WesPay Advisors, the wholly owned subsidiary of
nerships and acquisitions that are in line with our com- Western Payments Alliance, appointed Chris Selmi as
pany's principles and growth strategies," said Finical its President. Selmi joined WesPay in December 2012
CEO Aaron Nasseh. and previously spent 16 years in the electronic pay-
ments organization at Bank of America Corp., where
GTCR acquires RevSpring he served in a variety of capacities. In addition to this
new appointment, the respective boards of WesPay and
Georgia Tech Research Corp. acquired RevSpring Inc., WesPay Advisors approved the transfer of WesPay's
provider of multichannel billing and communications Risk Management Services to WesPay Advisors, begin-
solutions to the healthcare and financial services indus- ning Jan. 1, 2017.
tries. GTCR is working with RevSpring's existing man-
agement team to pursue both growth initiatives at Smith tapped by Square
RevSpring and complementary acquisitions in the bill-
ing and payments industries. To support this strategy, Square Inc. hired Hillary B. Smith as the company's
GTCR committed up to $400 million of equity capital to General Counsel. Smith brings to Square years of legal
the platform. leadership experience at technology companies, having
navigated complex legal and regulatory environments at
APPOINTMENTS the local, state, and federal levels, according to Square.
Smith most recently served as General Counsel for
Arbabha joins CPI Zenefits. "Hillary has exceptional experience serving as
general counsel at several technology companies, both
CPI Card Group Inc. appointed Jay Arbabha as its Chief publicly traded and startups, and she's a great fit for our
Technology Officer. In this role, Arbabha will be respon- team," said Jack Dorsey, CEO of Square.
sible for leading the development of CPI's technology
strategy and information technology operations. He
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