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IndustryUpdate



          solutions. This collaboration is expected to boost Neon   customer loyalty through an integrated, scalable plat-
          Bloom's transactional efficiency and annual revenue by   form tailored to merchants' evolving needs.
          reducing reliance on third-party vendors and enhancing
          control over payment processing. Genwin will support    Wink, Phoenix Managed Networks merge
          Neon Bloom and its subsidiary,  Advanced Executive
          Sales, with advanced back-end development. Neon         Biometrics and  AI expert Wink merged with Phoenix
          Bloom CEO Greg Bauer emphasized the goal of creat-      Managed Networks, a global payment technology pro-
          ing seamless, AI-driven payment systems that improve    vider, to accelerate adoption of biometrics and  AI in
          speed, security and reliability, helping the company gain   omnichannel commerce. The combined platform lever-
          market share and minimize processing disruptions.       ages Wink's  AI and biometric solutions—such as pay
                                                                  by face, palm and voice—with Phoenix's payment infra-
          Sabre, CellPoint Digital                                structure, which supports 10 million monthly transac-
          team up on airline payments                             tions and 220,000 merchant connections, the merged
                                                                  companies stated. Together, they aim to deliver secure,
          Sabre Corp. and CellPoint Digital partnered to transform   seamless and fraud-free transactions. The merger, they
          airline  payments  by  integrating  CellPoint's  payment   noted, creates an open payments platform grounded in
          orchestration into SabreSonic and Radixx platforms.     strong security and compliance standards, positioning
          This collaboration is designed to give airlines access to   the new Wink as a leader in next-generation payments
          a wide range of pre-integrated payment options—like     for global commerce.
          digital wallets, real-time bank transfers and alterna-
          tive payment methods—through a  single connection.      WPP acquires InfoSum
          The goal is simplified payment processes, enhanced      WPP acquired InfoSum, a data collaboration platform, to
          customer experience and reduced operational costs.      enhance its AI-driven data capabilities. The acquisition
          The agreement, Sabre stated, reflects its commitment to   integrates InfoSum's privacy-first, cross-cloud data tech-
          helping airlines adapt to evolving payment needs while   nology into WPP Open and GroupM, which is expected
          improving efficiency, flexibility and conversion rates.  to allow clients to securely connect, enrich and activate
          Vaulta, Virgo partner on cross-border payments          first-party data across the marketing ecosystem. This
                                                                  enables faster, more effective AI model training, audi-
          Vaulta, a Web3 banking OS provider, partnered with      ence targeting and campaign optimization, WPP stated.
          VirgoCX Global Holdings to launch VirgoPay, a cross-    InfoSum's global data network spans top media plat-
          border remittance network powered by stablecoins. Set   forms and data partners, offering WPP clients unparal-
          to debut in May 2025, VirgoPay will use Vaulta as its   leled access to actionable intelligence, WPP added, not-
          default settlement layer, which is expected to reduce   ing the merger strengthens its leadership in AI-powered
          international transfer fees by up to 70 percent and slash   marketing innovation.
          transaction times. Users can fund transfers via tradi-
          tional or crypto methods and track payments in real   APPOINTMENTS
          time. The service aims to boost financial access in under-
          served areas and expand globally, starting with hubs in
          the United States, Canada, Hong Kong, Argentina, Brazil   PayTech Women appoints Dr. Gail Burgos
          and Australia.                                          Coinciding with its 20th anniversary in February 2025,
                                                                  PayTech Women, a nonprofit empowering women in
        ACQUISITIONS                                              payments and fintech, appointed Dr. Gail Burgos as CEO.
                                                                  Dr. Burgos brings over 25 years of DEI and leadership
          Nayax announces acquisition of Inepro Pay               experience to her new position, including roles at TSYS
                                                                  and  1st Sentry, and as founder of Burgos Consulting
          Global payments and commerce platform Nayax Ltd.        Group. She helped launch PTW's DEI Council and
          acquired Inepro Pay, its long-time distributor in the   Member Inclusion Groups. Dr. Burgos succeeds Wendy
          Benelux region (Belgium, Netherlands and Luxembourg).   Holliday, who led PTW through strong growth.
          This move, Nayax noted, strengthens its direct presence
          in Europe by transforming Inepro Pay into a full-service   Tony Kueh signs on with DataVisor
          Nayax office in the Netherlands, joining its UK and     DataVisor appointed Tony Kueh as its first chief operat-
          Germany locations.                                      ing officer. He brings to the company more than two
                                                                  decades of experience in scaling technology companies
          The acquisition also enhances customer support, stream-  and  driving  go-to-market  success.  Known  for  taking
          lines operations and expands sales outreach using Inepro   businesses from under $25 million to over $500 million
          Pay's local expertise. Europe represents 36 percent of   in annual recurring revenue, Kueh has held leadership
          Nayax's 2024 revenues, making the region vital to its   roles at Anywhere Real Estate and VMware. As COO,
          growth strategy, Nayax affirmed, adding that the deal   he is responsible for leading global marketing, sales
          reinforces its mission to simplify commerce and deepen   and customer success efforts to fuel DataVisor's growth.

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