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IndustryUpdate

Sysnet acquires Trustwave's heading revenue growth for global payment processors and driving suc-
SecureTrust cessful strategic exits. He has held leadership roles at industry giants like JP
Morgan Chase and Ingenico.
Sysnet Global Solutions, a provider
of cyber security and compliance Sound Payments expands petroleum team
solutions, acquired SecureTrust, a
division of Trustwave, to expand Sound Payments welcomed two experts to its petroleum team by promoting
its cyber security solutions and Mike White to senior vice president of its petroleum channel and hiring Chad
accelerate its market expansion. Ellis as Western region vice president of sales for the petroleum channel.
SecureTrust, a provider of Payment White is an industry veteran who has already made an impact in a short time
Card Industry (PCI) compliance, and is working to build a team to accommodate continued growth, the com-
provides innovation and processes pany stated. Ellis has 15+ years of experience in the payment processing and
for achieving and maintaining com- petroleum retail POS/payments industry and was most recently director of
pliance and security, Sysnet noted, business development for P97 Network. Previously, he worked for Verifone
adding that SecureTrust has over where he was responsible for major oil clients, including BP, Shell, Chevron
20 years of experience providing and CITGO.
solutions to customers in more than Jerry Uffner signs on with Tern Commerce
96 countries. This is the latest in
a series of acquisitions over the Jerry Uffner is the new president of Tern Commerce Inc., a B2B SaaS payment
last 12 months: Sysnet acquired automation and infrastructure company. Uffner was most recently a senior
ControlScan MCS and Viking Cloud vice president at the FIS Prepaid Division and has been a senior executive at
in late 2020 and NuArx earlier this several payments companies. "After seeing the platform’s unique capabilities
year. and the caliber of our growing client list, I am convinced that we can collec-
tively drive success for our customers," Jerry Uffner said upon accepting the
APPOINTMENTS position. "Tern has proven technology, a solid revenue base and an experi-
enced team."
Simpay selects Dan Glazer
Dan Glazer joined payment, pay-
roll and POS provider Simpay as
senior vice president of direct sales.
In this role, he is responsible for
expanding market share and mar-
gin growth across all product cat-
egories. Simpay founder and CEO
Lazaros Kalemis said Glazer under-
stands the complexities of build-
ing out a high performing direct
sales channel and promoting a
healthy, competitive sales culture
where everyone thrives. His skill set
"aligns perfectly with Simpay’s core
mission," Kalemis added.

David Jimenez joins
Chargebacks911

Dispute technology firm
Chargebacks911 said it appointed
"fintech workhorse and strategic
leader" David Jimenez as chief rev-
enue officer. He will be respon-
sible for expanding the company's
footprint and go-to market strategy
and will remain on the Supervisory
Board of WeChat Pay EU and advo-
cate for cross-border fintech expan-
sion. Jimenez has more than 20
years' experience in payments and
fintech, while most recently spear-

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