Page 17 - GS190702

IndustryUpdate

18 European countries, to launch in the US credit unions, added Adam Bischoff and Harold Smith as prod-
market through the Skrill digital wallet. Using uct manager and software engineer, respectfully. Bischoff joins
Paysafe's Rapid Transfer identity and verifica- Allied from Discover Global Network, where he managed go-to
tion service, U.S. consumers who transact with market strategy. As Product Manager for Allied, he will ensure
Skrill's merchant clients can now make instant the company leads the market in innovation and delivers its
online payments from their bank accounts products on time, efficiently and within budget. Directly prior
without leaving the merchant's website. By to joining Allied, Smith was a software developer at QuEST
simply logging in with their bank account Global. He will act as a support engineer at Allied.
details at a merchant's checkout, consumers
will be able to rapidly make payments via ACH Mark Singer joins Blackhawk Network
or wire transfer, the partners stated.
Mark Singer joined Blackhawk Network as managing direc-
tor, Asia Pacific. In his new role, he will lead Blackhawk's
ACQUISITIONS operations in Asia-Pacific markets. A payments industry vet-
eran, Singer has nearly two decades of experience in senior
Jack Henry gains Geezeo management roles, including eight years of experience in the
Asia-Pacific region. Before joining Blackhawk, he served as
Jack Henry & Associates Inc. a provider of senior vice president Asia at the payment technology company
technology solutions and payment processing InComm. Prior to that, Singer played a key role in establishing
services primarily for the financial services Coinstar's gift card distribution business in Europe and man-
industry, acquired Geezeo, a Boston-based pro- aged European operations for Marriott Hotel's global incentive
vider of retail and business digital financial and gift card marketing division.
management solutions. In speaking about the
acquisition, Ron Moses, vice president of Jack
Henry & Associates and general manager of
Consumer and Commercial Solutions, stated,
"Consumers and businesses are relying on
digital technologies now more than ever, and
Jack Henry is committed to ensuring our clients
are future-ready with personalized, seamless
and appropriately simple digital banking solu-
tions." He added that Geezeo takes personal
financial management to the next level, using
relevant data to create meaningful interactions
between financial institutions and accounthold-
ers.

Mastercard acquires Transfast
Mastercard completed the acquisition of
Transfast, a global payments company with
significant cross-border reach. Mastercard
declared its intent to buy Transfast in March
2019. Transfast will enable Mastercard to con-
tinue servicing the growing needs of consum-
ers and businesses as well as governments
and merchants in cross-border transactions,
Mastercard stated, adding that the acquisition
builds on Mastercard's strategy to offer choice
to its customers through the expansion of the
Mastercard global network.

APPOINTMENTS

Allied Payment expands technology
development team
Allied Payment Network, a provider of online
and mobile bill payment services to banks and

17