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IndustryUpdate


        PARTNERSHIPS                                              between Southeast Asia, Russia and the Commonwealth
                                                                  of Independent States, which are the main corridors for
                                                                  E9Pay, the partners stated.
          Judopay, Mastercard partner on digital payments

          Mobile-first payment provider Judopay is working with   ACQUISITIONS
          Mastercard to enable The Pharmacy Centre to take safe
          and secure payments through its new PaybyLink solu-     Carlyle, CIG nix deal with AmEx Travel
          tion, as well as other digital payments. The partnership
          will enable The Pharmacy Centre to promote greater      A deal struck at the end of 2019 fell apart May 11, when
          inclusion and flexibility during the ongoing COVID-19   Carlyle Group Inc. and GIC Pte. Ltd. reneged on a deal
          outbreak and any similar events in the future, ensuring   to buy a 20 percent stake in American Express Global
          that people have online access to the essential supplies   Business Travel. The parties reportedly attempted to
          they need during lockdown, the partners stated. This is   renegotiate terms of the deal given the huge losses the
          expected to reduce in-store pharmacy visits and thereby   travel business has suffered amid the COVID-19 pan-
          help reduce the spread of COVID-19.                     demic, but they could not reach an agreement. The
                                                                  original deal valued the AmEx unit at $5 billion, includ-
          MoneyGram partners with E9Pay                           ing debt.

          MoneyGram International, a global leader in cross-bor-  Visa invests in GoodData
          der P2P payments and money transfers, teamed up with
          E9Pay, a money transfer and payment fintech company     Visa  invested  an  undisclosed  amount  in  GoodData,  a
          in Korea.                                               big  data  and  analytics  platform  headquartered  in  San
                                                                  Francisco, and has plans to co-create data products
          The partnership enables E9Pay customers to connect      with the cloud-based enterprise. According to industry
          to the MoneyGram platform and distribution network      analysts, this is part of Visa's initiative to provide users
          in over 200 countries and territories. The integration   with greater access to aggregated data and analytics.
          will especially benefit consumers who send money        In a statement, Visa's global head of data, security and
                                                                        identity products, Melissa McSherry, said, "With
                                                                        insights from data, we can help sellers, financial
                                                                        institutions  and  Visa's extended  global  business
                                                                        network  better  understand  and  meet  consumer
                                                                        needs, especially when those needs are changing
                                                                        fast."

                     We are here to help                              APPOINTMENTS

                                                                        NMI welcomes Leo Castro
             Help your merchants during the COVID crisis
             with our Agent and Merchant Relief Programs:               NMI hired Leo Castro as chief marketing offi-
                                                                        cer as part of an initiative to further elevate and
            FREE electronic billing solution Bill&Pay for 90 days:      empower its partners. Castro brings more than
            •  Eliminate in person or paper contact                     two decades of experience driving growth at both
                                                                        startups and larger companies. He has exten-
            •  Manage your Accounts Receivable from anywhere            sive fintech and partner marketing experience
            •  $0 set up fees $0 monthly fees                           from  his  roles  at  such  companies  as  PayPal  and
                                                                        BigCommerce. Most recently, he was head of mar-
                                                                        keting at Clover, a smart POS fintech provider.
            FREE Clover Go’s for the next 90 days:
            •  All-in-one handheld POS and payment system               Brandon Thompson joins Green Dot
            •  Goes where your business takes you, flexibly accepting   Green Dot Corp. hired Brandon Thompson as its
              contactless, chip and swipe card payments                 executive vice president of retail, tax and paycard.
            •  Manage your business from wherever                       In this role,  he  will be responsible  for develop-
                                                                        ing and delivering product strategy and growth
              you have an internet connection.                          across the company's retail, tax and paycard divi-
            •  Gives the ability to email or text receipts.             sions. Thompson brings over 15 years' executive
            •  $0 set up fees $0 monthly fees                           payments industry experience to Green Dot. Most
                                                                        recently, he served as chief commercial officer at
                                                                        EML, a global payments solutions provider oper-
                 ISORecruitment@i3verticals.com                         ating in 28 countries around the world.
                           i3verticals.com



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