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IndustryUpdate

ACQUISITIONS Prior to joining Payfinia, Khan worked with financial
institutions nationwide to implement modern payment
solutions and drive operational efficiency. He is expect-
FIS, Global Payments complete ed to play a key role as demand for real-time and instant
acquisition and divestiture payments continues to accelerate.
FIS and Global Payments completed a pair of transforma- Steve Levely signs on with Shopley
tive transactions that reshape both companies’ strategic
focus. FIS finalized its $13.5 billion acquisition of Global Shopley Inc. chose Steve Levely as its new chief execu-
Payments’ Issuer Solutions business, formerly TSYS, tive officer, bringing to the company a seasoned opera-
which will now operate under the FIS Total Issuing tor with a track record of scaling and consolidating
Solutions brand. The deal strengthens FIS’ banking and commerce technology businesses. Levely previously
payments portfolio, expands its reach across more than served as CEO and chairman of Ackroo, where he led
75 countries, and is expected to generate significant free the acquisition and integration of more than a dozen
cash flow and revenue synergies, FIS stated. gift card, loyalty, payments and POS providers under a
centralized operating model, ultimately selling the com-
At the same time, FIS sold its remaining minority stake in pany to a strategic buyer in 2025.
Worldpay to Global Payments. Global Payments, in turn,
completed its acquisition of Worldpay and divested Known for a disciplined, execution-focused approach,
Issuer Solutions, becoming a pure-play commerce solu- Levely is expected to apply his experience in strate-
tions provider serving more than 6 million merchants gic M&A and operational efficiency to Shopley’s next
globally. Global Payments said it plans to invest heavily growth phase. Levely founder Omar Sahyoun moved
in innovation while scaling across enterprise, SMB and to the position of chairman, supporting governance and
platform channels. strategy.

APPOINTMENTS Acumatica appoints Jon Pollock
Jon Pollock accepted the position of chief product officer
Kurv hires Nick Bencivenga, promotes Jesse Spears at Acumatica, bringing more than 25 years of experience
building and scaling SaaS and payments platforms to
Kurv strengthened its leadership team with the addition the company. In his new role, Pollock will lead global
of Nick Bencivenga as vice president of sales and the product management and user experience, overseeing
promotion of Jesse Spears to vice president of strategic product strategy, innovation and delivery, with a strong
partnerships. Bencivenga brings deep payments indus- focus on advancing AI-driven capabilities.
try experience to Kurv, most recently serving as vice
president of sales at Paysafe and previously as COO at He most recently served as CPO at Procare Solutions
Dharma Merchant Services. In his new role, he will focus and previously held senior product leadership roles at
on expanding Kurv’s inside sales channels and accelerat- Worldpay, Asurion, Dell, Intel, Polaroid and Novell.
ing growth. Pollock succeeds long-time executive Ali Jani and is
expected to apply his customer-driven, execution-
Spears, who has more than a decade of experience in focused approach to shaping Acumatica’s next phase of
fintech, SaaS and embedded payments, steps into his product innovation for mid-market businesses.
expanded role after helping drive Kurv’s growth ini-
tiatives. He is tasked with leading the company’s inte- Lyric taps Halsey Wise
grated and embedded payments strategy, leveraging
his background in monetizing payments and building Lyric appointed Halsey Wise as chief executive officer.
go-to-market teams. Wise, who has served on Lyric’s board since 2022, suc-
ceeds Raj Ronanki, who moved into an advisory role.
Nizal Khan joins Payfina Wise brings to Lyric more than 30 years of experience
leading and scaling healthcare and software companies.
Payfinia appointed Nizal Khan as its senior sales execu- His background includes serving as chairman, CEO and
tive, adding a payments and banking veteran with more president of Intergraph and as chairman and CEO of
than 20 years of industry experience. Khan brings to the MedAssets, as well as board roles at companies includ-
company a strong background in building strategic part- ing Cerner, Cotiviti and WellSky.
nerships and leading product integrations that improve
client experiences. Currently a senior adviser to TPG Capital, Wise is
expected to build on Lyric’s AI-driven momentum and
In his new role, he will spearhead growth and expansion expand the impact of its payment integrity and claims
initiatives, working closely with financial institutions analytics platform across healthcare.
and industry partners to broaden market reach and
strengthen collaboration across the payments ecosystem.
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