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IndustryUpdate

ACQUISITIONS Melanie Cabello now on NEAA Advisory Board

Melanie Cabello, eProcessingNetwork's director of part-
Akerna sends termination notice to POSaBIT ner development, was elected to the Northeast Acquirers
Association's advisory board. (www.northeastacquirers.
POSaBIT Systems Corp., a provider of payments infra- com) Now in its 36th year of service, the NEAA continues
structure in the cannabis industry, said it received a its mission to serve and educate all distribution channels
notice of termination from Akerna Corp. in connection in the electronic payments industry of the Northeast
with POSaBIT's definitive agreement to acquire MJ Region. As a senior member of the payment technology
Platform, Leaf Data Systems and Ample Organics from industry, Cabello is a go-to attendee at NEAA shows,
Akerna. The notice stated that Akerna determined that as well as at every other important industry conference,
a third party proposal for the companies to be acquired NEAA representatives stated, adding that she has the
is reasonably likely to result in a superior offer under proven skills and expertise to build strategic relation-
the definitive agreement. After considering all relevant ships with key industry leaders: ISOs, MSPs, processing
circumstances, the POSaBIT board and management partners, developers, OEMs and third-party vendors.
unanimously agreed not to increase its offer to match the "Her experience with working the full transaction life-
alternative offer, POSaBIT stated. cycle from acceptance through acquiring to settlement,

Utimaco acquires IT security provider conpal ensures the successful development and launch of new
products," the organization stated. "Melanie has a com-
Utimaco, an IT security solutions provider, acquired prehensive understanding of industry standards, inte-
conpal GmbH, a provider of IT security solutions for the grated systems, software applications, hardware, and
protection of confidential data through encryption and developer tool support."
authentication.
Nicole Carroll joins Paysafe
Utimaco noted it was already selling conpal products Paysafe appointed Nicole Carroll as its first chief strat-
before the acquisition, and with the integration that has egy and innovation officer. Carroll brings an extensive
now taken place, it can offer a complete portfolio for IT track record of driving growth and innovation across
security from a single source in the areas of data encryp- high profile global organizations in the technology, fin-
tion, hardware security modules, key management and tech and payments sectors, Paysafe stated. Her primary
public key infrastructure (PKI) in highly regulated areas. responsibilities will be to further develop the company’s
At the same time, Utimaco added, the takeover marks corporate vision and long-term growth strategy and
another milestone in the company's strategic develop- lead on its product innovation and capital expenditure
ment from a product to a solution provider. The LAN programs. Most recently, Carroll was chief product offi-
Crypt Cloud project, which is strategically important for cer for Experian’s Decisions Analytics business. Directly
conpal, forms a substantial building block for Utimaco's prior, she was a director at Visa where she led the com-
planned service strategy, the company added. pany's next generation of global software acceptance.
Previously, Carroll spearheaded digital transformation
APPOINTMENTS at Discover Financial Services. Carroll also held leader-
ship roles for CitiGroup and was chief marketing officer
VikingCloud selects Jim Burke for Transys where she launched Oyster card.
VikingCloud, a provider of cybersecurity and compli- Socure taps Jennifer Kerber
ance solutions, appointed Jim Burke as chief executive Socure, a provider of digital identity verification and
officer and member of its board to drive the company’s fraud solutions, selected Jennifer Kerber as senior direc-
next phase of growth. Robert McCullen will continue as tor of government affairs. She will work with legislators,
board chairman and play an active role in the company. policymakers and government stakeholders to address
Burke brings more than two decades of experience lead- digital identity challenges with a focus on advancing
ing and scaling global software and technology-enabled policies that balance equitable and accessible identity
companies and has a proven track record of driving sus- verification with vigorous fraud prevention. With more
tained growth, VikingCloud stated. than 20 years of public policy experience, Socure noted,
Kerber brings an unparalleled understanding of the
Most recently he served as CEO of Workforce Logiq, shifting identity management landscape and will ensure
a provider of AI-powered workforce intelligence and Socure’s solutions align with the evolving needs of gov-
technology services to large corporations. Directly prior, ernment agencies and the people they serve. Previously,
he served as CEO of three other technology businesses: Kerber was director of public policy for Grant Thornton
Advanced Discovery, vRad and Global Compliance. LLP and director of marketing and government affairs
Previously, he was president of global information ser- for Grant Thornton Public Sector. She also served in the
vices at Dun & Bradstreet. U.S. General Services Administration Office of Citizen
Services and Innovative Technologies.
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