Page 16 - GS230501
P. 16

IndustryUpdate



          solutions with integrated fraud prevention, Alacriti stated, adding that its   Duane Sparks, who authored the
          Cosmos Payments Hub, which is on the Orbipay AIQ platform, enables finan-  productivity-focused  training  pro-
          cial institutions to deliver modern money movement experiences to their cus-  gram,  Action Selling has trained,
          tomers, reduce operating costs and accelerate time to market. Orbipay AIQ is   assessed, and certified over 500,000
          a cloud-based, machine learning-based fraud prevention solution designed to   salespeople, SEG stated. The com-
          manage fraud and risk associated with instant payments processed through   bination of SEG and Action Selling,
          payment rails such as The Clearing House's RTP network, the FedNow        SEG added, provides clients a com-
          Service, Visa Direct, or conventional payments such as ACH or wires.      prehensive suite of solutions across
                                                                                    the entire revenue function: SEG,
          Toast picks Bluefin for P2PE option                                       with core competencies in virtual
                                                                                    sales teams, consulting services,
          Toast, which offers a digital platform for restaurants, chose Bluefin, a pro-  sales playbooks, sales assessments
          vider  of  encryption  and  tokenization  technologies,  to  offer  select  Toast   and a proprietary technology plat-
          enterprise customers an additional encryption option via PCI-validated    form, and  Action Selling, with its
          point-to-point encryption (P2PE) for POS payments. Toast will white-label   tried and true, multi-program sales
          Bluefin's Decryptx solution, which is designed to deliver PCI-validated P2PE   training platform.
          as a service. This technology immediately encrypts sensitive payment data
          at the POS and renders it useless in the event of breach, the partners stated,
          and they will work together to develop and commercialize the solution later   APPOINTMENTS
          this year.
                                                                                    Monica Eaton replaces Gary
        ACQUISITIONS                                                                Cardone at Chargebacks911

                                                                                    Monica Eaton transitioned to the
          SEG acquires Action Selling                                               position of CEO at Chargebacks911
          Sales Empowerment Group, an outsourced sales and marketing consulting     and sister company Fi911, replacing
          firm, acquired sales training company Action Selling. Founded in 1990 by   Gary Cardone, who held the title
                                                                                    for 10 years  and recently retired
                                                                                    from the business to pursue other
                                                                                    strategic investments. Eaton, who
                                                                                    co-founded the company with
                                                                                    Cardone in 2009, previously served
                                                                                    as chief operating officer. In her
                                                                                    new role, she will continue steer-
                                                                                    ing and executing the company's
                                                                                    global vision and strategy, driv-
                                                                                    ing digital transformation to deliver
                 HOLIDAY PAYMENT                                                    robust solutions that address the
                                                                                    growing scope of chargeback and
                                                                                    dispute management objectives,
                           SOLUTIONS                                                Chargebacks911 stated.
                                                                                    Tiffany Johnson joins NMI

                     ACH • LEVEL III • EMV                                          NMI, a full commerce enablement
                                                                                    technology company, hired Tiffany
                                                                                    Johnson as its new chief product offi-
                        WEB • RECURRING                                             cer to support the company's grow-
                                                                                    ing product suite. Johnson brings
                          CASH DISCOUNT                                             more than 15 years of experience
                                                                                    in payments, fintech and finance to
                                                                                    NMI, and she will ensure that user
                    CUSTOMER DATABASE                                               experience and scalability are at the
                                                                                    core of all of NMI's offerings, NMI
                                                                                    stated. Johnson's immediate priori-
                        C A L L   F O R   A   D E M O                               ties will focus on delivering a strong
                                                                                    payments infrastructure to the mar-
                        8 0 0 - 2 9 6 - 4 8 1 0                                     ket that prioritizes choice, modular-
                                                                                    ity and flexibility for NMI's ISV and
                                                                                    ISO partners. Johnson most recently
                                                                                    served as head of product for North

        16
   11   12   13   14   15   16   17   18   19   20   21