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IndustryUpdate

technology solutions to the marketplace. RSPA's Solution will support and expand upon Wnet's mission to cre-
Center is a web platform designed to introduce value- ate more leadership positions for talented women and
added resellers and independent software vendors to their male advocates across the payments industry, the
new products and services and connect them with the organization stated. Holliday is a proven leader in the
providers of these solutions, like Payway, according to industry, noted Wnet President Joan Herbig.
the RSPA.
"Her background and experience make her ideally suited
ACQUISITION to lead Wnet's efforts to drive world-class national and
regional programming designed to foster gender inclu-
sivity within the financial services and fintech indus-
Mastercard to acquire Finicity tries," Herbig said. Most recently, was Digital Enterprise
Society's executive director.
Fintech Futures reported that Mastercard agreed to
acquire financial data aggregation startup Finicity for Droit selects Jamkie Khurshid
$825 million. "If performance targets are met, Finicity's
existing shareholders will earn up to $160 million on Droit, a New York- and London-based technology firm
top of the sale price, taking the total value of the deal appointed Jamie Khurshid as Chief Commercial Officer.
to $985 million," Fintech Futures stated. With a focus on Reporting to Satya Pemmaraju, Droit's founder and
credit decisioning, Finicity provides insights to financial CEO, Khurshid will play a pivotal role in Droit's strat-
services firms having to do with payments, transactions, egy to substantially enhance revenue, strategic partner-
and asset and account verification. ships, client relationships and brand awareness, the
company stated. Khurshid was CEO of Boat Services
APPOINTMENTS Ltd. and instrumental in creating the Tradecho APA
in partnership with LSE Group. Prior stints at Credit
Suisse, Goldman Sachs and RBS involved him in mul-
Wendy Holliday leading Wnet tiple initiatives in financial services infrastructure and
consortia.
The Women's Network in Electronic Transactions (Wnet)
appointed Wendy Holliday as its first CEO. Holliday