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IndustryUpdate
customer authentication, data confidentiality, and com- further expands the company's geographic footprint in
pliance with the General Data Protection Regulation and additional regions, Nuvei stated, adding that the trans-
the Payment Services Directive 2. action creates one of the largest, most complete alterna-
tive payment method solution providers in the world.
Fluid Pay adds Payroc's RewardPay Choice
Shift4 acquires 3dcart ecommerce platform
Fluid Pay reported that to augment existing features that
ease the payment gateway experience, offer flexibility Shift4 Payments, a provider of payment processing and
and enhance business operations, Fluid Pay is now fully technology solutions, acquired 3dcart, an ecommerce
compatible with Payroc's RewardPay Choice, which platform serving over 14,000 businesses, to deliver a
allows for compliant surcharging across all card brands unified commerce solution to the company's customers.
and zero-cost credit card processing. Merchants can According to Shift4, 3dcart is a feature-rich, multination-
save thousands of dollars in processing while receiving al ecommerce platform serving businesses of all sizes
all the added benefits of Fluid Pay, which will provide in a wide range of industries. "The company provides
merchants even more flexibility in payment processing, everything a business needs to build a secure ecommerce
the company added. website and start selling products or services online,"
Shift4 said.
Forter, FreedomPay fight fraud
Ecommerce fraud prevention specialist Forter partnered APPOINTMENTS
with payments provider FreedomPay to establish the
first joint network for online merchants and banks Leigh Ramsden signs on with Trulioo
designed to instantaneously block fraud and enable
legitimate consumers to operate freely. This addresses Global identity verification company Trulioo selected
a major issue where multiple players touch each online Leigh Ramsden as its as chief financial officer. He brings
transaction—often using different fraud solutions, the more than 20 years of financial analysis and progressive
partners stated. "Our coalition of merchants, payment leadership experience to Trulioo and will succeed Anne
providers and banks fighting fraud together is a huge Lawlor, who is retiring. Ramsden most recently served
step forward in global fraud prevention," said Liron as Absolute Software's interim CFO and vice president
Damri, co-founder and president of Forter. of finance. In his new role, he will lead all aspects of
Trulioo's finance function, including accounting, finan-
ACQUISTIONS cial reporting and analysis, financial operations, capital
planning, tax, treasury, and investor relations.
Celero acquires TransNational Payments Ideal CU selects Jill Robiller
Celero Commerce, a vertically focused commerce solu- Jill Robiller joined Ideal Credit Union as assistant vice
tions provider, acquired TransNational Payments, a president of payment systems. She has 20 years' experi-
provider of electronic payments technology and busi- ence managing card programs, including credit, debit,
ness management SaaS solutions. With the addition of merchant and gift cards, and overseeing payment sys-
TransNational, Celero now serves approximately 40,000 tems. Prior to joining Ideal, she served as assistant vice
merchants, 150 financial institutions, and processes more president bankcard and payments manager/officer for
than $14 billion of card volume annually, making it a United Bankers Bank. In her new position, Robiller will
top 10 nonbank payment processor in the United States, research, define, develop and implement strategies and
Celero stated. initiatives to further enhance the credit union's position
within the payments space that leads to sustainable
Mercury PSI merges into Nets brand growth.
Mercury Payment Services International, focused on serv- Sandra VanBuren joins TimePayment
ing southeastern Europe, became part of the Denmark-
based Nets family, together with the German Concardis TimePayment, a fintech company specializing in multi-
Group, in early 2019. With integrations now complete, channel equipment finance, appointed Sandra VanBuren
Mercury PSI has been fully rebranded to Nets—a natural as director of business development for its food and
step for the company as part of its ambition to become beverage finance unit. She will lead development of
the European payments champion, Nets noted. new partner relationships and execute strategic initia-
tives focused on client marketing innovations and loy-
Nuvei completes acquisition of Smart2Pay alty programs. Directly prior, VanBuren was director
of dealer relations and services at SEFA LLC, a national
Nuvei Corp., a global payment technology partner of consortium of restaurant equipment manufacturers,
thriving brands, completed the acquisition of Smart2Pay dealers and suppliers. She previously held positions
Global Services B.V. The acquisition strengthens Nuvei's with Arthur Anderson, Central Salt, Interoceanic Corp,
presence in high-growth digital commerce verticals and JBFCS and Glencore.
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