TriumphPay, a payments network for the freight transportation industry, hired Rick Jackson as senior vice president and shipper sales leader and John Bender as senior vice president and broker/factor sales leader.
TriumphPay added the Worldwide Express family of brands, which includes Worldwide Express, GlobalTranz and Unishippers, to its open payments network as a full audit and payments network participant.
Triumph Bancorp established TriumphX, a business unit charged with supporting the execution of Triumph’s plan and evolution as a transportation financial technology company. Matt Levy, the founder of Credera, joined Triumph Bancorp to serve as president of the new unit.
TriumphPay, a division of TBK Bank, closed its acquisition of HubTran, a cloud-based provider of automation software for the transportation industry’s back office.
TriumphPay, a division of TBK Bank, entered into a definitive agreement to acquire HubTran, a cloud-based provider of automation software for the transportation industry’s back-office. Under the terms of the agreement, TriumphPay will acquire HubTran for $97 million in cash.