Page 16 - GS220501

IndustryUpdate

acquisition strengthens its ability to deliver end-to-end tions, and their commercial clients, the company stated.
software-as-a-service–based CLM with smart transac- As CTO, Booth will oversee the technology and develop-
tion monitoring to financial institutions. ment teams that build and manage all proprietary sys-
tems and will continue to lead integrations with various
Sentinels' transaction monitoring solutions are purpose- financial institutions' core systems and digital platforms.
designed to detect and eliminate criminal transactions
fast and at scale, according to Fenergo, which added that Talus Pay hires Bryan Fricke
its clients and financial institutions now will be able to
combine rich KYC profiles with client behavioral data Talus Pay, a provider of payment processing solutions
for continuous and granular KYC monitoring. for small and midsize merchants, stated that payments
industry veteran Bryan Fricke joined the company as
Payroc acquires Worldnet chief revenue officer. Fricke will be responsible for the
performance, strategy and alignment of revenue gener-
Payments enterprise Payroc WorldAccess LLC acquired ating go-to-market channels encompassing sales, mar-
Worldnet, a provider of unified, global omnichannel keting, product and customer success teams.
payments solutions for ISVs. Incorporating Worldnet's
technology solutions into the Payroc platform further With almost three decades of payments experience,
propels Payroc into the ISV and embedded payments Fricke is adept at building, leading and retaining high-
space, Payroc stated, adding that this new combination performing sales teams to increase effectiveness and
makes results. Directly prior, he served in executive rela-
tionship management and sales operations roles for
Payroc a premier omnichannel payments technology JPMorgan Chase. Fricke previously spent 18 years with
solution for an array of SaaS and ISV providers. James First Data, now Fiserv, in various sales, sales training,
Oberman, CEO of Payroc stated, "Our joint offerings and telesales and account management roles.
capabilities will drive more value for partners and devel-
opers, and enable more flexibility to create unique pay- Joe Trelin joins authID.ai board
ment solutions for consumers. The addition of Worldnet
complements our existing products and brings addi- authID.ai recently welcomed Joe Trelin to its board of
tional payment facilitation capabilities to our team as directors. As the former chief platform officer of CLEAR,
we focus on delivering flexible, white-labeled solutions." Trelin brings invaluable industry expertise in technology
product management as well as systems, platform, and
Utimaco acquires Celltick application development, authID.ai stated. At CLEAR,
Trelin designed, launched and monetized the CLEAR
Utimaco, a provider of cybersecurity and compliance identity platform across various market sectors includ-
solutions, signed a share purchase agreement with ing payments, healthcare, entertainment, automotive
Celltick, a provider of public warning systems (PWSs), and enterprise access management. He also led business
mass notification systems and a cell broadcast center. development and was instrumental in launching iden-
Recent natural disasters, health crises and military con- tity, age verification, payment and facial ticketing solu-
flicts have put a spotlight on the need for efficient PWSs tions with Hertz, Anheuser Busch, the Seattle Seahawks,
that allow authorities to quickly alert the population Mariners, Sounders, and the New York Mets.
and let them know of an ongoing crisis or imminent
threat, Utimaco stated, adding that Celltick is working Elbruz Yilmaz signs on with Paysafe
free of charge with the State Emergency Service and
three mobile network operators in Ukraine to deploy a Specialized payments platform Paysafe appointed cryp-
national cell broadcast-based PWS to help protect the to executive Elbruz Yilmaz to the newly created role
civilian population. of senior vice president, crypto. In this role Yilmaz is
charged with further extending Paysafe's group-wide
crypto offering to meet the growing needs of its mer-
APPOINTMENTS chant and consumer customers worldwide, Paysafe
noted. Yilmaz is the latest senior hire to the leadership
Merchant's PACT taps Daniel Booth team of Chirag Patel, CEO of Paysafe's digital wallets
division.
Merchant's PACT, a payments industry advisory and
management firm, promoted Daniel Booth to the posi- Yilmaz joins Paysafe from Vienna-based cryptocurrency
tion of chief technology officer. Booth has more than 20 and digital asset investment platform Bitpanda, where
years of technology experience in varied industries. he was managing director, MENA and Turkey. Before
Bitpanda, Yilmaz was a venture capitalist investing in,
He has dedicated his career to spearheading technology and scaling, innovative tech startups including multiple
innovation and has proven invaluable as Merchant's blockchain and crypto companies.
PACT continues to expand its software and integrated
solutions for regional and community financial institu-
16