Payments Moves & Mergers

Louise M. Parent has joined the board of directors of FIS, a global financial services technology firm. Retired from American Express after serving as executive vice president and general counsel, Parent has more than 35 years of experience in the financial industry.

JPMorgan Chase & Co. has acquired payments platform WePay. Chase reports that it will keep WePay as a standalone company, ensuring it helps WePay maintain its identity as a developer, while also leveraging Chase assets. WePay counts GoFundMe, Infusionsoft, and Constant Contact among its clients.

After a three-decade career at the Central Intelligence Agency, Jeanne Tisinger has joined Mastercard as a senior advisor for cybersecurity. She will contribute to the implementation and expansion of the company’s security strategy and public policy initiatives.

Pineapple Payments, an omnichannel payments technology company, has acquired Payline, a full-service payment solutions provider.

Planet Payment, which provides international and multi- currency processing services, has been acquired by Fintrax Group, a multicurrency digital payment processor for tourists.

Sage Payments Solutions has tapped Joe Kaplan to take the helm as CEO. Kaplan previously held positions as the founder of Superior Financial Group, a nationwide SBA lender; president of Innovative Merchant Solutions, an Intuit company; and president and CEO of Superior Bankcard Service. Kaplan has also received the Arthur Andersen Award for Best Business Practices in Customer Satisfaction, the 1998 Ernst and Young Entrepreneur of the Year Award, and the U.S. Chamber of Commerce Blue Chip Enterprise Award. He is a member of ETA’s Presidential Advisory Council and a past president.