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IndustryUpdate



        ACQUISITIONS                                              of Mastercard's focus on offering retailers improved
                                                                  data-driven services. The acquisition is expected to
                                                                  enable the card brand to help companies worldwide
          Hampleton advises FAST LTA                              deliver personalized, real-time offers in addition to
          on acquisition by Afnum                                 comprehensive campaign measurement, the card brand
                                                                  noted. "Consumers’  expectations about  their  experi-
          M&A and corporate  finance  advisory  firm Hampleton    ences with brands are changing," said Francis Hondal,
          Partners advised FAST LTA AG, a provider of zero-loss   president, loyalty and engagement at Mastercard. "We
          archiving and backup solutions for mission-critical data,   believe that the future of loyalty needs to be re-imagined
          on its acquisition by Afnum Management. Afnum is an     to  enable  seamless  digital experiences,  and SessionM’s
          investor with expertise in small and midsize enterprises   consumer-centric capabilities  will help us broaden  our
          in Germany. FAST LTA stated it has built a strong posi-  value to marketers across sectors in exciting new ways."
          tion in the German market, "particularly in the health-
          care,  public  sector  and  industrial  verticals,  helping
          clients to comply with increasingly stringent regulatory   APPOINTMENTS
          data storage requirements in a secure and cost-effective
          manner" and believes  Afnum will help the company       EPA taps three for advisory board
          further develop its product offering, continue its growth
          trajectory and enlarge its footprint in Germany and     The Emerging Payment  Awards appointed three fin-
          abroad."                                                tech's experts to its advisory board for a three-year term.
                                                                  Jeremy Nicholds, CEO at Judopay; Anna Tsyupko, CEO
          Mastercard to purchase SessionM                         at Paybase; and Muhammad Asim, CEO at Arro Money
                                                                  will join the current EPA advisory board as of January
          Mastercard  agreed  to  acquire  SessionM,  a  loyalty and   2020, per a vote by EPA members. Nicholds will focus on
          customer engagement company specializing in the retail,   helping the industry become more inclusive by involv-
          airline and restaurant sectors. Analysts stated this is part   ing a wider range of companies; Tsyupko will bring a

                                                                       fresh enthusiasm for diversity in fintech and foster
                                                                       the effective adoption of new regulations such as
                                                                       MLD5 in a smooth, customer-friendly manner;
                                                                       and Asim will help broaden EPA's range to include
                                                  emsagent.com         fintech hubs outside London, and to create a bridge
                                                                       with regions outside the UK and EU, the ETA said.
                                                                       Edward Sander joins ThetaRay
                          Mobile Product                               ThetaRay, a provider of AI-based big-data analyt-


                        Steady Solution!                               ics, appointed Edward Sander as its chief product
                                                                       officer. He is now responsible for all product-relat-
                                                                       ed activities as well as identifying and developing
                                                                       product/technology-related partnerships. Sander
               Give merchants the power of a complete point of sale    brings two decades of experience running global
               solution that fits in their pocket. EMSmobile allows    software enterprise organizations to his new posi-
               merchants to process payments and manage their          tion. He is also a recognized expert in financial
               business on their mobile device, wherever they are.     crime, compliance and risk. Sander joins ThetaRay
                                                                       from Arachnys, where he served as president and
               Features include:                                       helped triple the company's annual recurring rev-
               •  EMV-certified                                        enue, ThetaRay stated.
               •  Itemized order entry
               •  Cash payment management                              PSCU selects Kevin Spear 
               •  Inventory tracking
               •  Multiple merchant accounts                           PSCU named Kevin Spear as its senior vice presi-
                                                                       dent, service delivery. In his role, Spear is respon-
                                                                       sible for driving the strategic direction, continu-
               866.887.8907                                            ous improvement and operational effectiveness
                                                                       of PSCU's Service Delivery team. Spear's appoint-
                                                                       ment marks the return to the company for Spear, a
                                                                       payments industry veteran who led client relations
               Mobile devices and iPad                                 and services at PSCU from 2006 to 2012. Spear
               stand not included.                                     has held several executive roles in sales, service
                                                                       and client relations with firms including Card
                                                                       Management Corp., PNC Bank and UPS Capital
                                                                       Corp.

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