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IndustryUpdate

methods for future use, and view past payment his- solution. This acquisition will create a single source for
tory—all through a secure portal conveniently accessed subscription management, recurring billing and revenue
via single sign-on from within their DFS account page, management that empowers Recurly customers to better
the partners stated. focus on driving growth among increasingly complex
and evolving revenue accounting and reporting stan-
Intuit, Qvinci bundle multiple services dards, Recurly stated.

Qvinci Software teamed up with Intuit to provide As revenue recognition reporting requirements continue
QuickBooks accounting software, along with Qvinci's to shift, requiring international payments and multicur-
own suite of financial reporting and business intelligence rency inclusion, the LeapRev acquisition will enhance
tools, in one high-impact package. This pairing positions the revenue recognition capabilities of the Recurly plat-
Qvinci to offer Intuit products at a reduced price that form, the company added.
enhances the bookkeeping and reporting capabilities of
our valued customers while training them in best prac-
tices for their effective use, Qvinci stated. The partners, APPOINTMENTS
combined, listed a host of customer benefits, including
QuickBooks accounting packages; QuickBooks desktop Brite Payments hires Lisa Edström
to online migration; payroll; merchant services; time
tracking; automated data collection, consolidation and Lisa Edström, formerly chief compliance officer at Zettle
mapping; impactful KPIs and business intelligence; by PayPal, signed on with Brite Payments as its new
benchmarking and trending analysis; cash flow and compliance director and will lead the company's global
financial forecasting; and more. compliance function. The recruitment underpins Brite's
compliance-first approach to payments innovation,
Nexi, Global Blue to offer omnichannel payments the company stated. In addition to her role at Zettle,
Edström held senior compliance positions at payments
Paytech company Nexi and Global Blue, a specialist in and financial services businesses including GE Capital
tax-free shopping and added-value payments, said they and Klarna.
entered into a strategic partnership to integrate Nexi's
payment solutions directly into existing property man- Danny Piangerelli joins BankiFi
agement systems and POS software platforms. This inte-
gration brings significant benefits to hotels, restaurants, BankiFi, a provider of embedded banking solutions,
and retailers by streamlining operating procedures, and hired Danny Piangerelli as its chief technology officer.
reducing time and effort for front desk and back-office As CTO, Piangerelli will oversee all aspects of technol-
staff, the partners noted, adding that it strengthens their ogy development and create policies and procedures
long-term relationship on dynamic currency conver- that utilize technology to enhance BankiFi's solutions for
sion, now enabling merchants in 25 countries where the North American market. Piangerelli has more than
Nexi operates to accept payments across Oracle's suite 25 years of experience in software engineering and has
of products due to Global Blue's partnership status with served in high-level leadership positions.
Oracle.
He co-founded Malauzai Software in 2010 and served as
RecVue integrates ACI Worldwide products its CTO until it was acquired by Finastra in 2018. He then
served as chief architect of Finastra's North American
RecVue, a billing and revenue platform for large enter- community markets business, CTO for Sensibill and as a
prises, will integrate ACI Worldwide's digital software board advisor at ZSuite.
and solutions as a turnkey offering to customers in an
expanded relationship. ACI Worldwide provides mis- Doug Preston to lead strategy at equipifi
sion-critical, real-time payments software, and the ACI
Speedpay solution serves thousands of billers across Fintech buy now, pay later provider equipifi tapped
multiple verticals in the United States, the partners Doug Preston as its head of strategy. Preston will be
noted. RecVue, they added, empowers large enterprises responsible for overseeing equipifi's strategic initiatives
to accelerate growth and profitability in today's digital and will play a key role in developing and implementing
economy by monetizing any revenue model at scale. strategies that enhance the company's long-term growth.

ACQUISITION A seasoned SaaS veteran with extensive product and
technology experience, Preston most recently served as
the head of product BNPL at FIS, where he led the BNPL
Recurly acquires LeapRev technology and business development strategy, an effort
enabling financial institutions to compete for retail and
Recurly, Inc., a subscription management and billing ecommerce spend opportunities currently lost to fintech-
platform for high-growth brands, agreed to acquire backed BNPL providers, equipfi stated.
LeapRev, a global revenue recognition and forecasting

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