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IndustryUpdate

Mobile (PoM) solutions for small and midsize merchants eCurrency offers technology that enables central banks to
across Europe. With the new offering, the partners plan issue a digital fiat currency. Karume joins eCurrency with
to expand mobile POS offerings to meet demand for in- more than 20 years' professional experience in business
creased card acceptance points globally. Under the agree- development in the financial services and technology in-
ment for live pilots, PoM has been integrated within In- dustries in Tanzania, United States and Europe, the com-
genicos' payments solution to deliver secure PIN authenti- pany stated.
cated transactions via consumer off-the-shelf devices such
as smartphones and tablets. Ball welcomed to APG Cash Drawer team

PAI, Planet Payment extend contract APG Cash Drawer LLC appointed Nigel Ball as Vice Presi-
dent of Sales in North America. Ball brings to his new role
ATM provider Payment Alliance International and Planet over 35 years' experience in global sales, strategic develop-
Payment Inc., an international and multicurrency pay- ment and customer relationship management, APG noted.
ment processor, signed a multiyear contract extension for "Nigel's expertise and experience in global sales will help
PAI's real-time dynamic currency conversion (DCC) solu- APG's team continue to create and deliver innovative so-
tion for ATMs powered by Planet Payment. PAI and Planet lutions for our customers who have both domestic and
Payment have been partners since 2012. DCC allows in- global footprints," said Mark J. Olson, President and CEO
ternational travelers to withdraw U.S. dollars from ATMs, of APG.
and instantly view how amounts debited from accounts
will convert into their home currencies. Langenbahn promoted, Nuti stepping down at NCR
NCR Corp. Chairman and CEO Bill Nuti plans to step
ACQUISITIONS down for health reasons upon the naming of a new CEO.
Upon completion of the search for a new CEO, Nuti will
REPAY acquires PayMaxx Pro platform become Chairman Emeritus and serve as a consultant to
the company. In addition, Paul Langenbahn, Executive
Preston Todd Advisors advised PayMaxx Pro LLC, an au- Vice President of NCR Software, has been promoted to
tomotive industry payment platform, on its sale to REPAY Chief Operating Officer, succeeding Mark Benjamin who
– Realtime Electronic Payments, a provider of advanced has resigned to pursue an opportunity outside NCR. Lan-
payment technology processing services provider to the genbahn has been an executive of NCR for seven years.
consumer finance industry. "It was our
pleasure to advise Chris Leedom, CEO
of PayMaxx Pro on the transaction,"
said Lane Gordon, Managing Director
of Preston Todd Advisors. "We believe
there's an exceptional fit between Pay-
Maxx Pro and REPAY and the combined
entity will be a significant force in the
automotive payments space."
Salesforce to acquire CloudCraze

Salesforce signed a definitive agreement
to acquire CloudCraze Software LLC, a
business-to-business (B2B) commerce
platform built natively on the Salesforce
platform. CloudCraze powers B2B com-
merce experiences for such global com-
panies as Coca-Cola, Cummins, Ecolab
and Land O' Lakes. With the addition of
CloudCraze, Salesforce said customers
can create identical branded commerce
experiences for business buyers and
consumers from one platform.

APPOINTMENTS

Karume joins eCurrency
eCurrency Mint Ltd. added Athu
Karume to its Markets team as Presi-
dent, Tanzania and East Africa Markets.
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