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IndustryUpdate




        ACQUISITION                                               Pel Faquiryan signs with Chargebacks 911

                                                                  Dispute technology specialist Chargebacks911 appoint-
          Huddlestock completes acquisition of F5 IT AS           ed long-time finance leader Pelwasha ‘Pel’ Faquiryan as
                                                                  its chief growth officer, responsible for delivery of supe-
          Huddlestock Fintech AS recently completed the acqui-    rior, personalized customer experiences and measurable
          sition of software developer F5 IT AS. The acquisition   business results. Faquiryan will focus on enhancing
          was initially planned as a share swap, with Huddlestock   Chargebacks911’s long-term performance and market
          transferring  6,666,667  treasury  shares  to  the  seller.   position while building long-term capabilities.
          However, the parties instead chose to settle the purchase
          price for F5 It AS by issuing to the seller 6,666,667 new   She  held  several  high-profile  revenue  and  customer-
          shares (consideration shares) in Huddlestock by way of   focussed positions before joining CB911, including time
          a share capital increase in Huddlestock.                as executive vice president U.S. Bank Payment Solutions,
                                                                  vice president of U.S. acquiring sales at merchant ser-
          The change was due to Huddlestock's preference in       vices technology company Ingenico, and as vice presi-
          maintaining  the current holding  of  treasury  shares  for   dent of business development and client management
          potential new opportunities. Huddlestock is focused on   at Fiserv.
          providing  innovative,  sustainable  technology  solutions
          to capital markets, treasury and wealth management      Affinity taps Josette Leslie
          industries.
                                                                  Relationship intelligence platform  Affinity appointed
        APPOINTMENTS                                              Josette Leslie as its chief financial officer. Leslie will be
                                                                  responsible for long-term financial strategy to help drive
                                                                  the company's next stage of growth.
          Josh Berwitz joins Prezzee
                                                                  Leslie brings nearly two decades of senior financial
          Digital gifting company Prezzee appointed Josh Berwitz   leadership to  Affinity, most recently having served as
          as its North American president and global chief growth   vice president of finance at Squarespace leading up to
          officer. Berwitz is tasked with helping to drive further   its May 2021 initial public offering. Before Squarespace,
          growth and lead a team of 40 across New York and San    Leslie spent 11 years with E*Trade Financial in various
          Francisco. Prior to joining Prezzee, he spent close to   leadership positions and five years at Instinet managing
          25 years working at  American Express where he held     financial planning and analysis and supporting its IPO.
          strategy, partnership and loyalty roles with increasing
          responsibility.                                         Javelin names Riley, Webster as Payments leads

          Most recently, Berwitz served as Prezzee's senior vice   Javelin  Strategy  &  Research  named  Brian  Riley  and
          president and general manager of the Partnerships,      James Wester as co-heads of Payments, following the
          Business Development and Lounge organization within     successful integration of Mercator Advisory Group and
          the company’s U.S. Consumer Services Group.             Javelin. In March 2022, Escalent—Javelin’s parent com-
                                                                  pany—acquired Mercator, a research and advisory firm
          Beyond Bancard selects Steve Eazell                     that serves the payments industry. Brian Riley has
                                                                  served as director of Mercator’s credit advisory service
          Beyond Bancard hired industry veteran Steve Eazell to   for six years. He will assume an expanded role and over-
          lead its business development efforts as vice president   see the team leading the Debit, Prepaid and Commercial
          of business development. Eazell comes to the company    practices. Riley has spent a quarter of a century with
          with more than 20 years of industry experience and      top-tier national credit card issuers at Chase, Citi, HFC
          knowledge.                                              and  Wachovia  (First  Union  National  Bank)  in  senior
                                                                  management roles.
          Most recently  he  was the managing  member at Eazy
          Consulting, and before that he was with First American
          by Deluxe as vice president-strategic partners. Jimmy   James Wester serves as director of Javelin’s
          Virk, CEO of Beyond Bancard, said, “We are extremely    Cryptocurrency practice. He will now also oversee the
          excited to add Steve to our team; he brings decades of   team leading Merchant, Technology & Infrastructure,
          industry experience along with the same core values     and Emerging Payments practices. Wester has more than
          that we believe in here at Beyond Bancard. He will be a   two  decades  of  experience  in  research,  marketing  and
          perfect fit to lead our business development efforts as we   communications in payments and technology, including
          continue our growth.”                                   supporting PayPal’s blockchain, crypto and digital cur-
                                                                  rencies business unit as well as IDC Financial Insights’
                                                                  worldwide blockchain and payment strategies practices.




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