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IndustryUpdate

The SMI’s decline from December was due largely to as-a-service public sector integrator. OSaaS will now
the rise in new COVID-19 cases with the spread of offer industry-leading accuracy for identity verification
the Omicron variant, but the current wave’s impact on along with fraud prevention solutions to state and local
spending was less than prior outbreaks, and for the most government agencies to prevent billions in losses due
part, hasn't derailed the recovery as more households to identity fraud, Socure stated. Together, the partners
continue to spend more than they did last year, Visa will deliver Socure’s graph-based identity verification
noted. platform into mission-critical projects, which will enable
consumer information to be verified in a frictionless
PARTNERSHIPS manner and facilitate instant, accurate decisions while
also protecting consumer privacy, Socure added.

Blackhawk, LOC team up on touch-free mobile
ACQUISITION
Blackhawk Network and retail software firm LOC
Software partnered to deliver innovative touch-free TreviPay acquires
mobile payment technologies to retailers. With new BATON Financial
touch-free payment options, the partners stated, they
will give retail customers more ways to pay, more Financial technology company TreviPay said it acquired
reasons to shop in stores and more ways to engage BATON Financial Services Inc., a technology company
with retail brands. “Blackhawk has developed a robust that built a "unique, innovative B2B invoice payments
API solution that enables easy integration with digital network." Baton’s payments network enables seamless
wallets and payments solutions," said Helena Mao, delivery of structured financial services in partnership
vice president, global product strategy at Blackhawk with financial institutions, TreviPay stated, noting that
Network. "Working with LOC Software will give our this acquisition is part of its ongoing, global expansion
partners rapid integration to better deliver the technol- plan to make B2B payments faster and more flexible for
ogy of multiple wallets as part of our digital payments its clients. As liquidity continues to be challenging for
promise for customers." small businesses, the ability to extend trade credit helps
free up cash flow while building customer loyalty and
MOCA picks Vertifi's DeposZip for RDC maintaining competitive B2B market share, TreviPay
MOCA, a digital-first payment platform provider, part- added.
nered with digital payments developer Vertifi to pro-
vide Vertifi’s remote deposit capture (RDC) technology, APPOINTMENTS
DeposZip, to its platform and further enhance its plat-
form’s capabilities. With DeposZip, MOCA’s clients can Tomer Barel joins Melio
offer their customers a convenient way to deposit checks
with any mobile device by taking a picture of the check, Melio, a B2B payments platform for SMBs, appointed
MOCA noted, adding that DeposZip is designed with former Meta and PayPal senior executive Tomer Barel
flexibility, efficiency and security in mind so customers as its new chief operating officer. Barel will spearhead
can make deposits easily and safely. Melio’s strategy execution and scale operations as it
accelerates growth, aiming to become the leading infra-
Paysafe, BetWildwood expand partnership structure for moving money between businesses and
their suppliers. Barel brings more than two decades of
Paysafe, a specialized payments platform, expanded its management experience and leadership to Melio, hav-
partnership with BetWildwood, the official online sports-
book of Wildwood Casino in Colorado. BetWildwood ing been at the forefront of payments, technology, and
innovation, Melio said. Most recently he served as vice
integrated Paysafe’s new Skrill USA digital wallet,
upgrading its existing Skrill wallet to streamline deposit- president and COO of Novi, Meta’s payments unit and
digital wallet. Before joining Meta, Barel spent nine years
ing and payouts for its players and support broader cus-
tomer acquisition and retention. BetWildwood, powered at PayPal
by software provider ISI Race & Sports, first plugged NAC gains two board members
into Paysafe in early 2021 via a single streamlined inte-
gration providing access to a full suite of traditional The National ATM Council Inc. appointed Brian Haynes,
and alternative payment methods, including Skrill USA. senior vice president of PAI, and Yonas Marcos, CEO
deposits and payouts, Paysafe noted. and president of Star Financial Services Inc., to serve
on its Board of Directors. “[I]t is with considerable
Socure, OSaaS team up pride and satisfaction that we welcome these two top
for ID fraud prevention tier ATM professionals to the NAC Board,” said NAC
Board Chair George Sarantopoulos, CEO of Access One.
Socure, a provider of digital identity verification and “Their knowledge gained over years of very successful
fraud solutions, partnered with OSaaS, a solutions- experience in the retail ATM and payments sectors will

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