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IndustryUpdate
bon footprint. Their aim is to drive transparent carbon vide a range of risk and compliance solutions to a global
calculations and offsetting choices based on transactions, client base, addressing areas such as merchant risk,
aligning with environmental missions like COP28 and digital commerce risk, bankruptcy risk, and credit risk
e& enterprise's commitment to ESG principles. The ini- and regulatory reporting. The consolidation comes at a
tiative, the partners noted, is set to revolutionize sectors time when financial services and digital commerce face
like financial services, hospitality and ecommerce by increasing complexity in business risk, including cyber
integrating sustainability into operations. threats and evolving customer behavior.
Intergiro, Silverflow team up on processing PSCU, Co-op Solutions combined
Fintech firm Intergiro partnered with Silverflow, a cloud- PSCU and Co-op Solutions, two credit union service
based platform for global card processing. Through organizations, reported they had successfully merged,
this collaboration, Intergiro aims to enhance its card meeting all necessary closing conditions and receiv-
network functionality, improve processing efficiency ing approval from their owners and shareholders. The
and provide its clients with access to card scheme data. combined entity will operate under a holding company,
Silverflow's platform is used by notable payment ser- headquartered in St. Petersburg, Fla., with Chuck Fagan
vice providers and acquirers like Deutsche Bank and serving as the CEO. The new organization, initially
Buckaroo. This collaboration, the partners stated, will named PSCU/Co-op Solutions, will offer an expand-
strengthen Intergiro's position in the evolving payments ed range of financial technology solutions, including
landscape, enabling it to offer innovative solutions and instant payments, data analytics, digital banking and
meet the needs of digital businesses. The collaboration more, to help credit unions innovate and grow while
also complements Intergiro's digital issuing and bank ensuring long-term stability and growth.
account services with enhanced reporting capabilities,
they added. Talus Pay acquires Jobox.ai, CMS
NCR Atleos, Security Bank expand partnership Talus Pay, a payment processing solutions provider,
acquired Jobox.ai and Clarus Merchant Services. Talus
Security Bank of Kansas City chose NCR Atleos ATM-as- Pay said this move enables it to process over $9 billion
a-Service and ITM-as-a-Service to enhance self-service in payments annually for 22,000+ U.S. merchants. Jobox
banking for its customers. The bank, in operation for 90 provides modular, open-source home services tech-
years, indicated it sought to modernize its aging ATM nology, which Talus Pay plans to expand into various
fleet by outsourcing ATM and ITM maintenance and industries. Clarus specializes in B2B payment solutions.
management to Atleos. This move, the bank stated, will Talus Pay, which aims to leverage these acquisitions for
enable it to offer more efficient and convenient self- growth, named Jobox CEO Shay Bloch as its chief strat-
service options to customers, while also saving time and egy officer and Clarus President Eric Pottebaum as gen-
resources for core business activities. Atleos will assist eral manager of Talus Pay's Clarus portfolio. Financial
in enhancing customer interactions and supporting the terms of the acquisitions were not disclosed.
bank's growth.
TerraPay, Orange Mali subsidiary team up APPOINTMENTS
Orange Finances Money Mali, an electronic money
establishment and subsidiary of Orange Mali, partnered Provenir adds Lori Copeland
with TerraPay, a global cross-border payments network. Provenir, a provider of AI-powered risk decisioning
The partnership aims to boost financial inclusion and software, selected Lori Copeland for the position of
connect over 12 million Malians with the diaspora chief people officer. Copeland, a senior human resources
worldwide, including other African countries. It allows executive with over 20 years of experience, will develop
Orange Money Mali customers to receive international and execute human resource strategy, provide leader-
money transfers easily and use the funds for various ship to HR functions, and develop recruiting plans to
purposes like bill payments and person-to-person trans- expand Provenir's workforce across its global presence
fers, the partners noted. They believe this collaboration in 25 countries. Copeland previously held leadership
leverages TerraPay's extensive network and Orange roles in human resources at LGC and General Electric,
Finances Money Mali's commitment to promoting finan- Digital, where she engaged key stakeholders and deliv-
cial accessibility. ered results across complex global matrix organizations.
Larry Smith, founder and CEO of Provenir, expressed
ACQUISITIONS AND MERGERS confidence in Copeland's ability to support the com-
pany's growth and workforce development.
Three risk firms unite as G2 Risk Solutions
Rebecca Martin joins Glia
Three sister companies in the financial risk sector, G2
Web Services, LCI, and Fintellix, unified under a single Rebecca Martin is now Glia's first chief marketing
integrated operating company and brand, G2 Risk officer. With over 20 years of experience in building
Solutions. These companies were acquired by Stellex marketing teams and driving revenue for SaaS and tech
Capital Management in January 2023. G2RS will pro- companies, Martin is responsible for Glia's revenue
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