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IndustryUpdate



        ACQUISITIONS                                              Lerner, Mengarelli join Autoscribe
                                                                  Autoscribe Corp., provider of PaymentVision and Lyons
          First Data, CardConnect acquisition finalized           Commercial Data, released key changes to its senior
                                                                  leadership team with the appointment of Jamie Lerner
          First Data Corp.  and CardConnect  completed  First     as Chief of Staff and Rob Mengarelli as PaymentVision
          Data's tender offer to purchase the outstanding shares   Vice President of Sales. Lerner will provide human
          of CardConnect common stock for $15 per share in cash.   resources and operational support to increase efficiency
          First Data subsequently completed the acquisition of the   within the organization. Mengarelli will lead the sales
          remaining CardConnect  shares  of common stock not      organization, guide market penetration and cultivate
          acquired in the tender offer through a merger, making   key client relationships.
          CardConnect a wholly-owned subsidiary of First Data.
          CardConnect shares will no longer be traded on the      Lovegrove, Sherman hired by Brightpearl
          Nasdaq market.
                                                                  Roger Lovegrove joined Brightpearl as Chief Financial
        APPOINTMENTS                                              Officer, and Michael Sherman was named Director of
                                                                  Sales, Brightpearl U.S. Lovegrove will work alongside
                                                                  Brightpearl CEO Derek O'Carroll and the management
          Cheung appointed by Spire                               team  to help  drive  Brightpearl's  continued  growth.
                                                                  Sherman  is  responsible  for the company's  business
          Spire Payments Holdings S.a.r.l. tapped T.K. Cheung     development at its expanded U.S. headquarters.
          as its new President to spearhead expansion into North
          America, Latin  America and Southeast  Asia. "Having    Nestor, Kernin to grow eProcessingNetwork
          been part of the payments ecosystem for over three
          decades, it is truly a privilege to head up a business   Todd Nestor was promoted to Vice President, Business
          renowned for delivering exceptional levels of service   Development at eProcessingNetwork LLC, a firm that
          and being recognized as a market-leading innovator in   specializes in secure real-time transaction processing
          the fintech ecosystem," Cheung said.                    services and support through its secure payment gate-
                                                                  way. In his place, Emily Kernin joined the team as
          Davis to lead Spindle sales team                        Director of Eastern Region Partner Development.

          Spindle Inc. named Rick Davis as Senior Vice President   Theis promoted at BNG
          of Sales and Business Development. Davis is a senior
          sales executive with more than 15 years of experience   BNG Team, a business solutions and payment pro-
          in sales, recruiting and training. He has a track record   vider, promoted Ryan Theis to the role of Chief Strategy
          of exceeding sales  quotas,  growing sales channels,    Officer, spanning all four BNG divisions. Prior to his
          and  hiring  and  training  hundreds  of  sales  executives   new role, Theis founded and grew BNG Design, one of
          and independent agents within the U.S. market. Davis    the four divisions at BNG. In his previous role at BNG,
          most recently served as Senior Director of Sales North   Theis was involved in research and development, as
          America for Zooz Inc.                                   well as business development. He will now be tasked
                                                                                    with overseeing growth strategies,
                                                                                    driving  decision making on  busi-
                                                                                    ness process improvements and
                                                                                    integrating process strategies.

                                                                                    Shore, Gallagher named
                                                                                    to Transpay team

                                                                                    Transpay expanded its leader-
                                                                                    ship team with the appointment
                                                                                    of Peter Shore to General Manager
                                                                                    and Kevin Gallagher to Senior Vice
                                                                                    President,  Global  Sales. Shore  will
                                                                                    lead the strategic planning and exe-
                                                                                    cution of Transpay's global pay-
                                                                                    ments programs and solutions.
                                                                                    Gallagher will lead Transpay's busi-
                                                                                    ness development strategies global-
                                                                                    ly, with a focus on strategic custom-
                                                                                    er accounts and partner relationship
                                                                                    growth.



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