Saxo Payments Banking Circle Backs Project International Trade
Saxo Payments Banking Circle, has become the benefactor of an Emerging Payments Association (EPA) project to support the growth of early stage fintech companies around the world.
Movers and Shakers
Rodney C. Adkins Joins PayPal’s Board of Directors
PayPal has welcomed Rodney C. Adkins to its board of directors. Adkins is president of 3RAM Group LLC, a privately held company specializing in capital investments, business consulting services and property management.
TransferMate Appoints Former Intuit Exec as Director of Strategic Partnerships
TransferMate, a Dublin-based B2B payments platform, has named Fabrizio Zanollo as director of strategic partnerships.
Bento for Business Names Jeff Pomeroy VP of Product
Blackhawk Network veteran Jeff Pomeroy has joined the Pay Award-winning Bento for Business, a provider of employee expense management solutions for small businesses, as vice president of product.
FT Partners Hires Goldman Sachs Veteran Melissa Wasser
San Francisco-based Financial Technology Partners (FT Partners), a fintech-focused investment bank, has hired Melissa Wasser as a director and head of private capital markets.
Executive profile: Solana Cozzo, Mastercard
It’s a good thing Solana (“Sol”) Cozzo is high energy. When she’s not literally running or chasing after 3-year-old twins, she’s running Mastercard’s North American prepaid and inclusive growth business. It’s hard work when you consider that “the cardable opportunity is about seven times the current market,” she says.
Hyperwallet Taps B2B Payments Veteran for Executive Role
Hyperwallet, a global payouts provider to millions of independent workers, has hired Derrick Walton as its new executive vice president of global financial networks.
Corlytics apoints Stacey English to UK board
Corlytics appoints Thomson Reuters’ head of regulatory intelligence, Stacey English, to its UK board.
Semafone Appoints John Donaldson CFO
Semafone, a U.K.- and Boston-based provider of data security and compliance solutions for contact centers, has appointed John Donaldson to the role of chief finance officer, as the company prepares to build on its record growth in 2016.
FirstView Financial Names Bob Raffo New CEO
Bob Raffo Jr. has joined the Pay Award-winning prepaid program manager and processor FirstView Financial as president and CEO.
Incentive Marketing Association Names New President, Board
The incentive trade group has named a new president and board members for 2017-2018.
Former Citi Vice Chairman Lewis Kaden Joins Baton Systems Advisory Board
Baton Systems, an on-demand platform for clearing, settling and managing payments between financial institutions, has appointed former Citigroup Vice Chairman Lewis B. Kaden to its advisory board.
Fed Vice Chairman Resigns
Fed Chair Janet Yellen needs a new No. 2. Today, Stanley Fischer submitted his resignation as vice chairman and as a member of the Board of Governors of the Federal Reserve System.
Funding Circle Joins CFSI
Small-business lending platform Funding Circle has become a Financial Health Network member of the Center for Financial Services Innovation.
Fed Names Dave Sapenaro New Payments Strategy Director
The Federal Reserve has a new payments strategy director. Dave Sapenaro will lead payment system improvement initiatives described in the regulator’s “Strategies for Improving the U.S. Payment System” paper published in January 2015.
Earthport Appoints New Head of Europe
Earthport, a London-based cross-border payments network, has named Beau Andersen as head of Europe.
RegTech Firm Corlytics Adds Depth to Advisory Board
Corlytics, a regulatory risk intelligence firm, has named Peter Oakes and David Bundi to its global advisory board.
People on the Move: Malcolm Fowler, Moneris
Toronto-based merchant acquirer Moneris Solutions Corp. has appointed Malcolm Fowler chief product and partnership officer.
PIF Welcomes GPS
The Prepaid International Forum has added another member to its roster. Global Processing Services, whose managing director Suresh Vaghjiani is an Industry Achievement Award recipient in the 2017 Pay Awards, has joined the nonprofit trade group.
eMerchantPay Gets E-Money License, Joins PIF
Global payments service provider eMerchantPay has received authorization from the Financial Conduct Authority as an e-money institution, which means it can issue products including payouts, e-wallets and prepaid cards, and has joined the Prepaid International Forum.
Ben Jackson Joins NBPCA as COO
Ben Jackson, who previously led Mercator Advisory Group’s prepaid advisory service, has joined the Network Branded Prepaid Card Association as chief operating officer.
TransferMate Adds New Hires amid U.S. Regulatory OK
TransferMate, a global B2B payments platform, announced the expansion of its senior management team following its achievement of full U.S. regulatory approval.
Prepaid Veteran Jeff Lewis Joins Sutton Bank
As part of its overall payments expansion strategy, Sutton Bank has named prepaid veteran Jeff Lewis senior vice president, prepaid services.
CardLinx Adds Members, Launches Retail AI Forum
The CardLinx Association announced four new members—Capital One, JCB, Yahoo! Japan and Dentsu—as well as the launch of a “groundbreaking forum” on Retail in the Age of Artificial Intelligence (AI) on Sept. 12, 2017, in Chicago.
IMA Honors Brian Dunne with Karen Renk Fellowship Award
The Incentive Marketing Association (IMA) honored industry leader Brian Dunne, CPIM, managing director, Giftcard Consulting, with the Karen Renk Fellowship Award, which the trade group presented at its annual IMA Summit last week.
The Bancorp Strengthens Operations, Risk Management with New Leadership Team
The Bancorp Inc. has created a new senior-level team, it says, will strengthen its operations and risk management functions by developing a more productive and efficient operating environment.
John Badovinac Joins iPayment
iPayment Inc., a payments processor that specializes in small and medium-size businesses, has hired industry veteran John Badovinac to serving as vice president, integrated payments.
Karmic Secures $17.2 Million in Series B Financing, Adds Board Members
Pay Award-winning Karmic, which offers an integrated payment and expense management solution, has raised $17.2 million in a Series B round of financing. Wei Hopeman and Jim Whims have joined its board of directors.
Compliance Titans: Jim Schafer, FIS
An early interest in credit cards hooked Jim Schafer on payments. Since then, his work has taken him across the globe in roles as diverse as programming and human resources. But it’s his current role as senior compliance director of FIS Payments that has led him to be named one of Paybefore’s Compliance Titans.
People on the Move: John D. Orr, FutureVault
FutureVault, a personal and business information management company based in Toronto, has named banking executive, lawyer, entrepreneur and investment professional John D. Orr as CEO. Orr also has made a significant personal investment in the company for a material ownership position.
Company on the Move: Canadian Prepaid Group Welcomes New Members
The 2-year-old Canadian Prepaid Providers Organization has welcomed three new members and added an annual CPPO Prepaid Symposium to further its mission of supporting the fast-growing prepaid industry in Canada.
People on the Move: David Baker, Enacomm
Enacomm Inc., which provides customer authentication and customer service technology, has hired David Baker as vice president of sales, financial services.
People on the Move: Kim Sergent, InComm
Kim Sergent has joined InComm as vice president of marketing for its Financial Services division, where she will lead the marketing strategy of InComm’s consumer-facing Vanilla brand, which produces prepaid consumer products that include Vanilla Gift and MyVanilla.
People on the Move: W2 Global Data
U.K.-based W2 Global Data, a provider of regulatory, KYC/AML and fraud prevention solutions, has welcomed three new hires, including Alex Lafferty, Richard Evans and Kerry Cleary.
People on the Move: RiskIQ
Digital threat management firm RiskIQ has expanded its management team with three new executive appointments, including Nick Puetz, Jenna Raby and Clarence Cheuk.
People on the Move: Neil Harris, GPS
Global Processing Services (GPS), a 2017 Pay Award-winning payments processor, announced the appointment of Neil Harris, former head of business and market development at Bottomline Technologies, to the role of chief commercial officer.
Compliance Titans: Jeff Ross, Green Dot Corp.
Nearly a decade after jumping from the public to the private sector, Green Dot’s Jeff Ross remains as enthused as ever by the new challenges and complexities he faces every day as compliance head for one of the biggest players in an industry with a constantly shifting regulatory landscape and technology that’s advancing at a breakneck pace.
People on the move: Jean Douchey, i2c Inc
Payments processor i2c Inc. has appointed Jean Douchey as senior vice president of operations.
Company on the Move: Cardtek, OSPT Alliance
Payment solutions provider Cardtek has joined the OSPT Alliance, a global association chartered to help the transit, mobile and loyalty markets move toward an open infrastructure for fare collections.
People on the Move: Carlos Solari, Comodo
Comodo, a global developer of cybersecurity solutions and digital certificates, has hired Carlos Solari as vice president of cyber security services.
