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IndustryUpdate

cated that using ACH leads to more frequent and higher- skilled accountants and automated data entry through
dollar contributions from sustaining donors, researchers the use of machine learning and artificial intelligence,
said. The second study, conducted by ConsumerQuest, and its partnership with MCG enhances the end-user
assessed the effectiveness of messaging to donors. The experience by adding fast, secure omnichannel inte-
message most respondents preferred emphasized the grated payment acceptance.
cost-effectiveness of ACH payments.
PayJunction, Foodeaze integrate
PARTNERSHIPS Foodeaze and PayJunction partnered to provide pay-
ment processing for restaurants using Foodeaze's online
ABC Financial, Club OS join forces ordering platform. Foodeaze offers a combined service
of food photography and food online ordering that
ABC Financial Services Inc., a software and payment allows diners to swipe through restaurant photo menus
processing provider to the health and fitness industry, to place both delivery and pick-up orders. Currently
said it established a preferred partnership with Club OS, active in the upstate New York area, Foodeaze has
which helps companies with lead generation and acqui- increased local restaurant options for diners by 140 per-
sitions. "Integration with Club OS allows ABC customers cent, the partners stated.
the ease of program implementation directed toward
prospecting, sales growth and member retention," stated Rambus, Samsung, Interac team
Kelly Card, Senior Vice President of Partner Relations of for Samsung Pay in Canada
ABC. "By incorporating ABC's DataTrak with this ven-
dor partner, real-time information is passed smoothly Sunnyvale, Calif.-based Rambus Inc. teamed with
between the software platforms and marketing tools." Samsung Canada and Interac Association/Acxsys Corp.
to help enable Interac debit on Samsung Pay in Canada.
Merchant Consulting Group, botkeeper team up The partners stated that Interac Token Service Provider
(TSP), developed in collaboration with Rambus, helps
Merchant Consulting Group Inc. and botkeeper agreed Interac users make secure, mobile debit payments
to provide omnihannel payment acceptance to botkeep- through tokenized transactions using Samsung Pay. And
er customers. botkeeper said it provides businesses with with the addition of tokenization, the TSP substitutes
sensitive information with unique reference numbers
to minimize the risk of fraud. Samsung Pay works with
three levels of security: fingerprint authentication, card
tokenization and Samsung's mobile security platform,
Samsung KNOX.

Verifone implements
M/Chip at checkout

To meet demands of the peak holiday shopping season in
North America, Verifone is implementing Mastercard's
M/Chip Fast technology across its next-generation and
heritage payment solution lines. M/Chip Fast is designed
for grocery, retail, fast food and hospitality environ-
ments. It facilitates EMV (Europay, Mastercard and Visa)
transactions consistent with those offered globally by
Mastercard; however, payments are authenticated in one
step, instead of two, Verifone noted.

ACQUISITIONS

Thoma Bravo to acquire ABC Financial

Thoma Bravo LLC, a leading private equity investment
firm, reported it will acquire ABC Financial a soft-
ware and payment processing company servicing more
than 6,700 health clubs throughout North America and
Europe. The transaction is expected to close in the fourth
quarter of 2017, subject to customary conditions and
approvals. "The opportunity to partner with the leading
software-focused private equity firm allows us to contin-

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