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IndustryUpdate

acceptance devices, Shift4 stated. Shift4 delivers an all-in-one ecosystem of viding merchants and partners with
connected solutions. Ingenico's Telium TETRA devices support up to PCI PTS cutting-edge payment technology
5.x and will be secured by Shift4's PCI-validated point-to-point encryption and other software and hardware
and tokenization technologies, the partners added. solutions. The Boom brand affirms
the company's commitment to the
ACQUISITION growth and success of its merchants
and distribution partners, the com-
pany said. Sabin Burrell, founder
Nets acquires Poplatek, Poplapay of BlueSquare Resolutions, joined
Boom as CEO to create a team of
Nordic payment service provider Nets completed the acquisition of Poplatek, seasoned payments executives to
a Finnish software developer, and its spinoff Poplapay. Nets stated it expects execute on the company's ambi-
the acquisition will strengthen its group-wide payments application and tious growth plan. Greg Forte (for-
boost its payment terminal services. Poplatek CEO Mikko Virtanen stated merly with Fiserv Global Business
that the acquisition means an exciting time as Poplatek becomes part of a Solutions) was named senior vice
leading industry player. Robert Hoffman, CEO of merchant services at Nets, president focused on growing
said, "Poplatek is an agile and high performing tech company, and Poplapay Boom's commercial middle mar-
has solid capabilities within payment terminal services. Together, they will ket vertical. Kayla Jantz (formerly
help us increase our flexibility to better accommodate different customer with BlueSquare Resolutions) was
needs across Europe and provide best-in-class payment solutions." named vice president.

APPOINTMENTS The Boom team is also guided by
an advisory board of founders and
NPS rebrands, expands executive team executives from across the financial,
payments and technology indus-
Payment processing company National Payment Systems expanded its exec- tries. Stephen Chang (Acrewood
utive team and rebranded as Boom Commerce, a company dedicated to pro- Holdings) and Darrin Ginsberg
(E-Commerce Exchange and Super
G Capital) will advise the executive
team as they position the company
as a leader in the rapidly evolving
payments industry.

Klarna taps Francine Ereira
Klarna, a smooth shopping and pay-
ment provider, appointed Francine
(Fran) Ereira to the role of gen-
eral manager for Australia and New
Zealand. She will be responsible
for Klarna's launch and growth in
Australia, as well as lead the com-
pany's daily operations and expan-
sion across the region.

For the past decade Fran has been
a leader in the digital retail finance
and payments industry, most
recently as a senior executive at Zip
Co. She has over 20 years of experi-
ence in senior roles at such retail
and technology companies as The
Walt Disney Co., Sheridan, eWave
and Temando.

CloudMargin promotes
Armando Hernandez

CloudMargin, the creator of a col-
lateral and margin management
solution native to the cloud, pro-
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