Payments Moves & Mergers
NMI, a provider of payments enablement technology, has completed its acquisition of Creditcall, an omnichannel payment gateway and EMV solutions provider.
HPS, a provider of electronic payment solutions, has hired Michael J. Dooley to spearhead the company’s expansion in the U.S. marketplace, further growing its U.S. PowerCARD customer base. PowerCARD is an integrated issuing, acquiring, switching, and chargeback dispute platform that allows licensing organizations to take control of payment processing.
Mastercard has acquired mobile payments technology company Oltio from Standard Bank. Oltio offers technology to authenticate Masterpass digital wallet purchases in South Africa using a consumer’s bank PIN and mobile phone. With the acquisition, Mastercard is expected to leverage Oltio’s platform to enable member banks to offer person-to-person payments, bill payments, and airtime top-ups, which can be integrated into existing mobile banking applications.
Paya has added Mike Vaughn to its executive leadership team as the company’s chief operating officer. Vaughn is a veteran of the payments industry and has worked in account activations, customer service, and risk management. Vaughn’s primary focus is the day-to-day execution of Paya’s corporate strategy.
Payment Alliance International (PAI) has announced that John J. Leehy III, the company’s president and CEO, has been elected president of the Global Executive Committee of the ATM Industry Association (ATMIA). In addition, Donna Embry, PAI’s chief payments officer, has been elected co-chair of ATMIA’s U.S. Regional Board. The elections took place during ATMIA’s annual conference in February.
Paysafe has announced two sales leadership appointments to its North American team: Gretchen Bender has been hired as senior vice president of sales, ISO agents, and direct sales, and Bill Ranta is the company’s new VP of sales, card not present.
Pivotal Payments has hired Mark Pyke as president. Pyke will report to Philip Fayer, former president and CEO, who has now been named the company’s chairman and CEO. Prior to joining Pivotal Payments, Pyke served as president of the merchant services segment at TSYS.
Stripe, a payments processing startup, has acquired Index, a POS software developer known for its software for PIN pads. Index’s software will reportedly be integrated with Stripe’s offerings.