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IndustryUpdate

found a 41 percent increase in attempted fraud over a are underway. "EPI and EPX resellers will soon have a
similar evaluation conducted the year before by its data sophisticated cloud-based omnichannel solution in their
scientists toolbox to help them win and retain more business,”
said Eric Bernstein, Valor COO and recent ETA Forty
PARTNERSHIPS Under 40 honoree. Electronic Payment’s CEO Michael
Nardy added, “The Valor team has built true omnichan-
nel payment technology which aligns perfectly with our
iCheckGateway works with Nacha alliance company’s technology-forward way of thinking.” Keith
Sampson, national sales director for NAB, noted, “What
iCheckGateway.com, an Inc. 5000 company and Nacha’s excites me the most about Valor PayTech being on the
Preferred Partner, joined forces with Nacha’s Payments EPX platform is having a solution backed by people that
Innovation Alliance. The technical specialists at iCG will genuinely want to see the partner channel succeed.”
work directly with executives of top financial institu-
tions, enabling them with the knowledge and technology
needed to succeed at payment processing, iCheckGate- ACQUISITIONS
way stated. "Survival is no longer only about planning
for the next financial crunch or pandemic," said Jason Huntington National Bank gains Torana
Estes, CEO with iCG. "Instead, hyper-growth companies
need to take steps to fend off existing competition by Huntington National Bank, a subsidiary of Huntington
creating a moat that preserves them for the foreseeable Bancshares Inc. acquired Digital Payments Torana Inc., a
future." business-to-consumer payments fintech company based
in San Francisco. Torana's digital payments solution,
Ingenico, Inspire team up which will launch as Huntington ChoicePay, will further
enhance Huntington's digital capabilities and advance
Ingenico, a Worldline brand, and Vestar Group's Inspire Huntington's enterprise payments strategy, the bank
Payments partnered to equip Inspire with Ingenico's stated. Torana's payment solution is a software as a ser-
Move and Desk payment terminals. The deal means vice model built in the cloud and will enable Huntington
Ingenico is now the primary supplier of terminals to and its clients to distribute digital payments to a variety
Inspire Payments, empowering the payments provider of end users, Huntington added.
to grow its merchant estate and offer tailored payment
solutions to the UK's small and midsize enterprises, PSCU acquires Juniper Payments
the partners stated. The agreement will enable Inspire
to deliver countertop and mobile solutions to meet the Payments credit union service organization PSCU
diverse needs of their customers with a faster transac- acquired Juniper Payments LLC from PITECO S.p.A.
tion flow and enhanced user experience utilizing robust and two principal owners, who will continue with the
devices that can support the most demanding use cases, company under PSCU. Juniper Payments, PSCU stated,
they added. is the largest cloud-based nonbank third-party provider
of inter-bank transaction and reporting systems in the
Tritium, TNS partner on integrated payments United States. Juniper demonstrates vision and reliabil-
ity in serving financial institutions and correspondents
Tritium, a manufacturer of direct current chargers for through an automated and unattended banking ecosys-
electric vehicles, partnered with Transaction Network tem, PSCU noted, adding that the acquisition, it will add
Services, a payment infrastructure-as-a-service provider, multi-tiered payments to its solutions set, as well as a
to bolster point-of-charge payment options Tritium pro- virtual back-office payments gateway, compliance, risk
vides. Through this partnership, Tritium will receive management and monitoring services, and more.
access to Ingenico's payment hardware as part of the
TNS UnattendedPayments solution, an end-to-end pay-
ments solution that enables self-service cashless pay- APPOINTMENTS
ment acceptance designed to help increase efficiency.
The solution consists of high performing payment termi- Campos replaces van Delden as PPRO board chair
nals, a feature-rich administration portal enabling com-
prehensive reporting and administration management, PPRO, a provider of digital payments infrastructure,
and secure processing via the TNS gateway, TNS stated. appointed Lázaro Campos as independent chairman of
the board to strengthen its board and governance in the
Valor PayTech integrating with EPI, EPX platforms next phase of the company's growth trajectory. Campos
takes over from Tim van Delden, Managing Partner of
Valor PayTech, a provider of omnichannel payments PPRO shareholder HPE Growth, who served as chair-
solutions, reported that its integrations with Electronic man through the last stage of PPRO's rise. A payments
Payments Inc. and Electronic Payments Exchange, a infrastructure expert, Campos spent nearly 25 years at
wholly-owned subsidiary of North American Bancard, SWIFT, a provider of secure financial messaging ser-

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