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IndustryUpdate




        ACQUISITIONS                                                                 Global Legal, Ghilezan
                                                                                     firms merge
          Advent gains, merges Clearent, FieldEdge                                   Global Legal Law Firm merged
                                                                                     with the Ghilezan Law Firm and
          Global private equity firm Advent International Corp. completed the acquisi-  will operate as Global Legal Law
          tion of a majority stake in Clearent LLC, a full-service payments provider, and
          acquired FieldEdge, a field service management software provider. Advent   Firm. The merger is expected to
                                                                                     create a more comprehensive
          merged FieldEdge with Clearent, and will own a majority stake in the com-
          bined entity. FieldEdge will retain its brand and operate as an independent   infrastructure, reduce response
                                                                                     times and expand areas of legal
          subsidiary of Clearent.
                                                                                     expertise. "This is a merger of two
                                                                                     highly compatible firms," Global
                       IS YOUR PAYMENT                                               Legal  representatives stated. "Our
                                                                                     companies have worked together
              GATEWAY CUSTOMIZABLE                                                   for years, and we are longtime
                                                                                     personal friends. We hold similar
                                                                                     values and philosophies on doing
                         TO YOUR NEEDS?                                              business, producing an excellent
                                                                                     result for the client."

                                                                                     IFS Forum folds into NACHA
                              HUMAN ELEMENT                                          NACHA – The Electronic Payments
                   Dedicated ISO/ISV implementation manager                          Association and the Interactive

                                     API FIRST                                       Financial eXchange Forum com-
                                                                                     pleted a merger, whereby IFX
                   Leverage our REST API for faster integrations                     Forum will operate as an indepen-
                                                                                     dent entity under NACHA, which
                                   CLOUD EMV                                         is expected to accelerate devel-
                                                                                     opment  of  standardized  appli-
                    No additional hardware/software required                         cation programming interfaces
                                                                                     (APIs). "The combination agree-
                                    FEATURES                                         ment allows NACHA and IFX
                                                                                     Forum  to  align  the  API  develop-
            •Web-based EMV Virtual Terminal           •Processor Agnostic            ment priorities of NACHA's  API
            •Solutions to stay out of PCI Scope       • Invoicing                    Standardization Industry Group
            •Hosted Payment Pages                     •Level 2 & 3                   (ASIG) and the IFX Open Banking
            •Tokenization & Recurring                 •P2PE                          APIs Working Group," the organi-
                                                                                     zations said.

                                                                                   APPOINTMENTS


                                                                                     Fichman joins Net
                                                                                     Element board
                                The Smarter Way To Accept Payments

                                                                                     Net Element Inc. appointed
                                                                                     Jonathan Fichman to its board
                                                                                     of directors. He will serve on the
           VISIT US AT ETA!                            Call us today!                company's audit, nominating and

             BOOTH #323                                855-898-2355                  governance,  and  compensation
                                                                                     committees. Net Element noted
                                                                                     that Fichman, whose experience
                                                                                     encompasses fintech, payments,
                                                                                     blockchain, wealth management
                                                                                     and banking, brings more than
                                                                                     20 years of strategic domestic and
           www.zeamster.com                                                          international finance expertise to
           greensheet@zeamster.com                                                   the board.


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