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IndustryUpdate
ACQUISITIONS
Resource Guide Listings
Stax enhances surcharging with CardX
Payment technology provider Stax acquired CardX, an automated surcharging
platform, stating the aim is to make surcharging more transparent and easier
for U.S. merchants and cardholders. This marks Stax's third acquisition of
2021. "By acquiring CardX, Stax will give its merchant customers an easy way
to accept credit cards at 0 percent cost," Stax noted. "CardX's capabilities will
enhance Stax's existing surcharging services, specifically helping customers
automate surcharging compliance with built-in disclosures, pricing technol-
ogy to correctly process every card type, and tools for seamless reconciliation
and cash application."
Uplinq proceeds with Verde IP acquisition
Banner Size Uplinq Financial Technologies, a data analytics company, heralded its intel-
lectual property (IP) acquisition of Verde International's advanced behavioral,
econometric and financial models, and state-of-the-art optimization methods.
resource guide As part of the deal, Pat Reilly, CEO of Verde International will join Uplinq
as a co-founder. The acquisition includes Verde's small business regulatory
option available. compliant decisioning engine, powered by AI. The move enhances Uplinq's
plans to transform how small business lenders evaluate credit decisions and
risk profiles of their new and existing clients, and will allow the company
to deliver scientifically validated financial results to its customers, which no
other service provider can offer, Uplinq stated.
Budget friendly
advertising with more APPOINTMENTS
space for details about TSG expands client support team
your company's services, The Strawhecker Group, an analytics and consulting firm that supports the
products and more. payments ecosystem, celebrated several new hires and promotions. Marissa
Charles was promoted to digital marketing manager. She works closely with
each line of business to amplify TSG's brand image. Kevin Keegan was hired
as general counsel. He leads the legal function at TSG as well as supports
the development of the company's overall strategic plan. Roger Van Scoy
Inquire about our was brought on as customer success evangelist. His role of creating TSG's
banner size resource Customer Success Organization is focused on developing internal standards
for strategic account planning and relationship building. Scott Fortenberry
guide listing. joined the company as customer success director. He is assisting in the creation
of TSG's
Customer Success Organization, as well as managing new and existing client
Call today relationships. Trevor Culbertson was hired as research analyst. He focuses on
monitoring the activities of the payments industry to support client engage-
for more details. ments. And Jeff Fortney was hired as senior associate. He has over 28 years'
experience in the payments and financial technology world working primarily
with ISOs and software companies.
707-284-1693
Laurens Eckelboom signs on with Tappit
Tappit, which provides global payment and data ecosystems for sports, events,
stadiums and venues, hired Laurens Eckelboom as chief commercial officer.
Or email us at According to Tappit, Eckelboom has a significant track record in SaaS scale-
up, successfully building and growing companies in Europe and the United
States—most notably Parkmobile and ParkHub, and Silicon Valley-based
Advertising@greensheet.com SAP P&. In addition, Eckelboom co-founded and held multiple board mem-
ber seats, including a cutting-edge IoT water control company in Atlanta, a
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