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IndustryUpdate
Network. According to Nuvei, the partnership provides company Payment Assist. The deal, reported to be worth
its merchants with greater growth opportunities by over £11.5 million, with an earn out component of up
allowing them to operate within the Discover Global to £17 million, will give Openpay access to Payment’s
Network, which includes Discover Card issued in the Assist’s network of over 7,000 locations across the
U.S., Diners Club International cards issued in more UK, including well known chains such as Halfords
than 55 countries, and cards from its network partner Autocentres, Stratstone, National Tyres and Autocare,
alliances. and more. Openpay stated the transaction will catapult
the company into the UK Automotive service and repair
ACQUISITIONS sector, building on its established retail operation and
recent entry into the healthcare sector.
APPS acquires Clique Payments Payroc gains Beanstalk's fintech API
Atlantic-Pacific Processing Systems acquired cloud- Payroc WorldAccess LLC, a merchant acquirer and
based software company Clique Payments, Inc. The payment processor, acquired Beanstalk Payment
acquisition enables APPS to expand its suite of enter- Technologies' debit payment routing intelligence, a
prise resource planning and accounting payments inte- cloud-based fintech application programming inter-
grations to include QuickBooks, FreshBooks, Xero, Sage face API) that provides routing alternatives while also
and more, while supporting all major payment process- reducing costs associated with debit card transactions,
ing providers and more than 20 top payment gateways, Payroc stated. Beanstalk’s intelligent routing technol-
APPS stated, adding that Clique’s software-as-a-service ogy evaluates transaction characteristics to identify the
platform provides a variety of solutions all with inte- optimal, least-cost network across which the transaction
grated payments acceptance for accounting and ERP could be routed, and the solution’s routing intelligence
software. Terms of the acquisition were not disclosed. can be integrated into ecommerce or POS software via
API with transaction details and savings monitored on
Openpay to acquire Payment Assist Beanstalk’s dynamic analytics dashboard and reporting
Australian buy now, pay later payment solution pro- tools, Payroc added.
vider Openpay agreed to acquire UK automotive finance
APPOINTMENTS
Nicholas Bisconti joins Mercator
Mercator Advisory Group hired Nicholas Bisconti as
2021 its director, primary research services. Most recently,
Bisconti was the founder and executive marketing advi-
STILL sor of Actionable Insight Research LLC and adjunct pro-
fessor of business research methods at Suffolk University
where the industry meets in Boston. Before founding Actionable Insight, he served
gaylord opryland | nashville | july 25-27 as managing director of 451 Research | Advisory.
Previously, he was director of custom primary research
services at International Data Corp. Bisconti brings
expertise that better positions the company in gaining
valuable insight into the key issues that affect the pay-
ments and banking industries, Mercator stated.
Coalition selects Dylan Steele
Coalition, a cyber insurance and security provider,
appointed Dylan Steele as chief marketing officer. In
this role, he will oversee global marketing strategy as
Coalition expands its reach and range of offerings to
new markets. Previously at Splunk, Steele led corpo-
one-stop shop to advance your POS sales rate marketing efforts to create the Data-to-Everything
• education Platform category, extending the reach and awareness of
Splunk to a broader audience of technology executives
• networking and supporting the transition to a cloud-based software
• meet suppliers delivery model; as an executive at Salesforce, he helped
grow the platform business to nearly $2 billion in vari-
ous product marketing and marketing roles, Coalition
www.GoRSPA.org/RetailNOW noted.
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