Business Dynamics Consulting Inc. said it has acquired Town and Country Consulting LLC, a firm headed by veteran credit card industry technologist Darold D. Hoops.
Business Dynamics said the Chapel Hill, N.C., firm, which Mr. Hoops formed eight years ago, would help to strengthen its capabilities in the operations and risk-management aspects of payment systems.
Town and Country's expertise in "payment system architecture and design are the perfect complement to our traditional emphasis on market-driven business strategy and product development," said Business Dynamics founding partner Arthur Clark.
Mr. Hoops has more than 30 years of experience with MasterCard International, Chemical Bank of New York, and Continental Bank of Chicago. He was among a handful of executives involved in creating the early technical foundations of today's international credit card infrastructure.