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IndustryUpdate

rants will onboard instantly, so they can start taking pay- known "as the payments industry's leading insurance
ments the moment they unbox TouchBistro," said Alex broker," the company stated. "If you've attended any
Barrotti, founder and CEO of TouchBistro. regional or national payment conference, chances are
you've met." Most recently, Mendizabal served the
Verrency joins Silicon Valley accelerator program electronic payments industry as Director of Financial
Institutions at Frates Insurance and Risk Management.
Verrency, a global Australian payment platform and Prior experience includes serving the financial institu-
fintech marketplace, was accepted into the latest fintech tion division at AIG, and underwriting and leadership
cohort of Silicon Valley-based technology accelerator roles in mortgage banking.
Plug and Play Tech Center.
Vaughn joins Paya
Verrency was selected out of almost 1,000 fintech start-
ups to be a part of the program. Verrency will work Paya, an integrated payment processing and business
with Plug and Play's corporate partners on potential solutions provider in North America, hired Mike Vaughn
pilots, proof-of-concept implementations and invest- as Chief Operating Officer, where he will oversee corpo-
ment opportunities. The fintech cohort will run through rate strategy, with an emphasis on critical acquisitions.
May 10; Verrency will subsequently maintain a West Vaughn brings nearly 20 years payments industry expe-
Coast office at Plug and Play's headquarters. rience in account activation, customer service and risk
management. He previously served as Vice President
APPOINTMENTS of Operations at Total Merchant Services, where he
supported over 100,000 merchants processing approxi-
mately $12 billion annually, Paya stated.
Dooley to drive HPS U.S expansion
Paris-based HPS, a multinational electronic payment ACQUISITIONS
solutions provider, appointed Michael J. Dooley to spear-
head the company's U.S. market expansion and build Mastercard gains Oltio
customer support for its fully integrated PowerCARD
issuing, acquiring, switching and chargeback dispute Building on its longstanding relationship with the start-
platform. HPS currently serves clients in more than 85 up, Mastercard completed acquisition of Oltio from
countries across five continents, including ISOs, acquir- Standard Bank Group. Oltio pioneered and patented
ers, issuers and third-party processors in America, the several mobile payment and banking solutions, includ-
company stated. ing an authentication technology that enables consum-
ers to authenticate Masterpass digital wallet purchases
CheckAlt taps Hoffman using a bank PIN and mobile phone. Mastercard plans
to leverage Oltio's technology for merchants and issuers
CheckAlt LLC hired Adam Hoffman as Managing in cash-orientated, emerging markets.
Director of Product Management. Recognized as a pio-
neer in the receivables and e-payments space, Hoffman PeP acquires European PSP PayLane
has dedicated the bulk of his career to payments inno-
vation, helping clients accelerate the shift of payment Polskie ePlatnosci (PeP) purchased 100 percent of shares
behavior from paper to electronic, the company stated. of PayLane Group. PeP is a recognized name in the
He joins CheckAlt from Capital One, where he served in Polish payment terminal market; PayLane specializes in
a variety of roles, including Head of both the Receivables innovative solutions for online payments. The compa-
Product and Industry Specialization teams. nies stated that together they intend to expand the range
of their services and offer their clients the opportunity
ATMIA taps Leehy, Embry to accept payments in the omnichannel model: via pay-
ment terminals, mobile and online.
Payment Alliance International President and CEO John
J. Leehy III was elected President of ATMIA's global NMI completes Creditcall acquisition
executive committee, and PAI Chief Payments Officer
Donna Embry was elected co-chair of the association's NMI, which offers payments enablement technology to
U.S. regional board. The ATMIA represents the global ISOs, independent software vendors (ISVs), value-added
ATM industry; the elections took place in conjunction resellers (VARs) and payment facilitators, completed
with ATMIA's recent annual U.S. conference and expo. acquisition of Creditcall, an omnichannel payment gate-
way and EMV (Europay, Mastercard and Visa) solutions
Mendizabal takes helm at P.I.N. provider. According to NMI, the acquisition strategically
aligns with the company's objective to deliver a unified
Kevin Mendizabal is the new CEO at the Payment payment solution to ISOs, ISVs and VARs serving mer-
Insurance Network (P.I.N.) For years, he has been chants in omnichannel environments.

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