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IndustryUpdate

and payouts, optimization, orchestration, fraud prevention, risk manage- additional value through impor-
ment, and more. As part of the transition, OnBuy also introduced direct pay- tant new product innovation for
ments for sellers. real-time and near-real-time analyt-
ics, the company added. Terms of
PayQuicker welcomes three new partners the transaction, which is complete,
were not disclosed.
PayQuicker said it is strengthening its market-leading payouts orchestration
platform, Payouts OS, by establishing new partnerships with Qolo, Fortress
and Citcon. Qolo was selected as an issuing-processing partner for Payouts APPOINTMENTS
OS, to issue a more advanced suite of card products to meet the needs of
corporate clients and small to midsize businesses paying out to gig workers Digital River selects John Burke
and marketplace sellers, PayQuicker stated. Fortress, a Web3 infrastructure
company that provides financial, regulatory and technological frameworks Digital River, a global ecommerce
for blockchain innovators, will enable PayQuicker to offer clients a stable- enabler, named John Burke its senior
coin wallet for payees that want an outlet for crypto. Citcon, a provider of vice president of revenue. Burke
in-store, online and mobile payment solutions, will unlock new outlets for will lead global sales and customer
PayQuicker's customers globally, the company noted. success teams to accelerate revenue
growth for new and existing clients
ACQUISITION and determine a course of action
to help achieve company goals. He
will report directly to Digital River
SymphonyAI acquires 1010data CEO Victor Pacor. Before joining
Digital River, Burke held manage-
SymphonyAI, a provider of high-value enterprise AI SaaS for strategic indus- ment positions at Deloitte LLP,
tries, acquired 1010data, a technology platform provider of decision science, Oracle Corp. and SAP Americas
data management and data analytics. 1010data brings its robust product Inc., where he was responsible for
portfolio, market presence and brand recognition to SymphonyAI's exist- the United States sales organiza-
ing vertical solutions, SymphonyAI stated. Customers who rely on 1010data tion and led the formation of the
platform insights to make timely and accurate business decisions will gain CPG and Retail Global Centers of
Expertise.
Andrew Deignan takes
the helm at MagTek
MagTek appointed Andrew "Andy"
Deignan as president, chief execu-
tive officer, and chairman. Deignan
brings an exceptional depth of
HOLIDAY PAYMENT experience spanning over two
decades to his current role, having
SOLUTIONS held a diverse range of senior lead-
ership positions within the orga-
nization, the company stated. He
recently served as the company's
ACH • LEVEL III • EMV vice president of global market-
ing and strategy, demonstrating his
ability to drive success in strategic
WEB • RECURRING and global contexts. With a consis-
tent track record of accomplishment
CASH DISCOUNT as a distinguished leader in prod-
uct development, sales and market-
ing, Deignan's extensive tenure at
CUSTOMER DATABASE MagTek demonstrates his suitabili-
ty to steer the company through the
ever-evolving and fast-paced busi-
C A L L F O R A D E M O ness landscape of today, MagTek
noted.
8 0 0 - 2 9 6 - 4 8 1 0 Iliad Solutions taps Kevin Emery

Kevin Emery signed on as Iliad
Solutions' chief commercial officer.
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