Movers and Shakers


CPI Names Scott Scheirman CEO

CPI Card Group, a provider of financial card production and related services, announced the appointment of Scott Scheirman as president and CEO, effective Oct. 5, 2017. He succeeds Steve Montross, who is retiring from the company.  

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.

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.

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.

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.

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.

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. 

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.

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.

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