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IndustryUpdate
ACQUISITIONS exponential growth.
Cucci has worked
in the tech space
Fiserv to acquire Elan's third-party debit processing solutions for over 15 years.
Fiserv Inc., a global provider of financial services technology solutions, agreed to acquire He was a founding
the debit card processing, ATM managed services and MoneyPass surcharge-free network of member of Network
Elan Financial Services, a unit of U.S. Bancorp. The acquisition is expected to further enhance Merchants Inc. and
the value proposition of Fiserv, deepen its presence in debit card processing, and expand its ItsYourDomain.com
mobile and digital payments offerings for consumers and businesses. (IYD). As chief oper-
ating officer, he was
SpotOn acquires EmaginePOS responsible for all
aspects of the daily
SpotOn Transact LLC reported it acquired EmaginePOS to enable SpotOn to equip restaurants operation, and man-
and bars nationwide with an industry-leading POS solution. The cloud-based EmaginePOS aged more than 400
platform offers reporting capabilities, remote management, pay-at-the-table and online order- affiliate partners
ing functionality. According to SpotOn, this will lead to improved efficiency and profitability responsible for over
for fine dining restaurants, bars and nightclubs, quick-serve restaurants, multilocation chains 60,000 ecommerce,
and franchises, and other businesses seeking to offer online ordering, takeout, delivery and mobile, MO/TO and
order ahead. POS merchants.
APPOINTMENTS Pittman joins
Sound Payments
PAI selects ATM business CEO, board members Sound Payments
Inc. welcomed Bill
Privately held ATM provider Payment Alliance International appointed Neil Clark CEO of its Pittman as its senior
ATM businesses. In addition, Neil Clark and Marty Ambuehl, the co-founders of ATM Express vice president of
which was acquired by PAI in 2008, were named to the company's board of directors, as was sales and technology
Bill Blakey, who previously served as a PAI board member through 2016. for the commerce
solutions channel.
Fluid Pay signs Theodore L. Cucci
Pittman has more
Fluid pay LLC appointed accomplished technology executive Theodore L. Cucci as its than two decades of
CEO and board member to lead the company through its next phases while maintaining experience in pay-
ment integrations
as an executive and
software entrepre-
neur. He will lead
a team of sales pro-
fessionals and the
strategy for the
company's seam-
less commerce solu-
tions, drive top-line
revenue and create
strategies for busi-
ness expansion. He
previously served
as Sound Payment's
vice president of
ECR/POS solutions
and headed up
the POS solutions
group.
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