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Abrigo CEO Wayne Roberts announces retirement

Abrigo

Roberts, who joined the company in 2016, is stepping back to focus more time on personal interests and passions. He built a strong leadership team and an employee base that has been recognized consistently as one of the best places to work in Austin, Texas, and Raleigh, N.C., and in bank technology nationally.

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CAN Capital Announces Another Leadership Change With New CEO

PYMNTS

In 2016, the company placed its then-CEO Daniel DeMeo on a leave of absence. Reports at the time said the company had looked to overhaul its management team after difficulties in shifting with a new model of how it collected payments from borrowers. ” CAN Capital has endured highs and lows throughout its years of operation.

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Visa Taps Chris Newkirk To Serve As Chief Strategy Officer

PYMNTS

“Chris will be a great addition to the executive team, not only because of the deep payments expertise he brings, but also for his passion for people and excellent leadership,” Kelly said in the announcement. “I I look forward to welcoming Chris into our Visa family. and New York.

Strategy 131
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Payments Firm WEX Closes $1.7B Deal For eNett, Optal

PYMNTS

WEX is purchasing the Australian eNett from Travelport and its owners, partnered with Siris Capital Group and Elliot Management Corporation’s private equity affiliate, Evergreen Coast Capital Corp. Since 2016, eNett and Optal have combined growth of 36 percent. Both startups will be fully combined under WEX.

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SWIFT Selects Javier Pérez-Tasso As New CEO

PYMNTS

SWIFT has an exceptionally strong management team, which has enabled the board to appoint an internal candidate and which will also allow for a smooth transition,” said SWIFT Chairman Yawar Shah. Pérez-Tasso previously served as chief marketing officer for the organization.

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B2B Financing Firm FreightRover Reportedly Impacted By Celadon Fraud Scam

PYMNTS

It hasn’t exactly been the best of times lately for FreightRover , at least not when it comes to legal drama and company leadership. PYMNTS readers might recall that late last year, FreightRover secured $500 million in financing to fuel its factoring operations, with the capital coming from Crayhill Capital Management.

Fraud 135
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Important Considerations When Growing the CRE Portfolio

Abrigo

In a survey of community banks and credit unions at the 2016 Sageworks Risk Management Summit, 42 percent of respondents said Commercial Real Estate, or CRE, lending was their primary focus for loan portfolio growth. Learn more about the Sageworks Credit Risk Management Solution. This reflects a larger industry trend.