Q&A: What’s the Big Deal about Blockchain?
Blockchain is one of the hottest trends in fintech. A payment fraud expert explains how the technology can make transactions safer and what its limits are.
Movers and Shakers
People on the Move: Steven Schmuelling, CPI Card Group
CPI Card Group has named Steven Schmuelling director of business development.
Company on the Move: Bank Appointees, Federal Reserve Board
The Federal Reserve Board has reappointed Federal Reserve Bank presidents and first vice presidents. Each officer will serve a five-year term beginning March 1, 2016.
Company on the Move: Ingenico, Technology Association of Georgia Award
Ingenico Group, a global payment solutions provider and 2016 Pay Award Winner, has announced that the Technology Association of Georgia (TAG) has named the Alpharetta, Ga.-based company one of the Top 40 Innovative Technology Companies in the state.
People on the Move: Rick Rubin, National Gift Card Corp.
National Gift Card Corp, a gift card solution partner, has promoted Vice President of Strategic Partnerships Rick Rubin to the newly created position of executive vice president of sales.
People on the Move: Sri Shivananda, PayPal
PayPal Holdings Inc. has appointed Sri Shivananda senior vice president and chief technology officer, effective April 1, 2016.
People on the Move: Sri Shivananda, PayPal
PayPal Holdings Inc. has appointed Sri Shivananda senior vice president and chief technology officer, effective April 1, 2016.
People on the Move: Mohan Chunduri, Payveris
Payveris, a provider of open API digital payment solutions, has hired Mohan Chunduri as senior vice president of operations.
People on the Move: NBPCA Chair and Board Members
The Network Branded Prepaid Card Association (NBPCA) announced Robert Skiba will return to the role of chairman of the board at the NBPCA. The association named additional officers for FY 2016.
People on the Move: Virginie O’Shea, Aite Group
Aite Group has promoted Virginie O’Shea to research director of the institutional securities and investments practice.
People on the Move: Sepideh Behram, The Bancorp
The Bancorp has appointed Sepideh Behram senior vice president, chief compliance officer.
People on the Move: Louise Roseman, Federal Reserve Board of Governors
Louise Roseman, director of the division of reserve bank operations and payment systems, will retire later this year after more than 30 years of service to the Federal Reserve Board, including 17 as director.
Company on the Move: First Data, Research and Development Hub in Ireland
First Data intends to establish a research and development center in Ireland that will house up to 300 skilled employees to centralize work on a number of the company’s leading technology platforms.
People on the Move: Alexander N.M. Niejelow, MasterCard
MasterCard has appointed Alexander N.M. Niejelow senior vice president of public policy.
People on the Move: Shazia Manus, The Members Group (TMG)
Shazia Manus, CEO of payments processor The Members Group (TMG), has been named one of the 2016 Most Influential Women in Payments.
People on the Move: Andrew Siden, NBPCA Board
Andrew Siden recently has been named to the NBPCA’s board of directors.
Company on the Move: CFPB, Advisory Board and Councils
The CFPB is accepting applications for membership in all of its advisory groups.
People on the Move: Jenn Ong and Paolo Bortolotto, MasterCard
MasterCard has appointed Jenn Ong and Paolo Bortolotto head of consumer credit, Asia-Pacific, and head of debit, Asia-Pacific, respectively.
People on the Move: Alex Johnson, Raymond Pucci and Joe Walent, Mercator Advisory Group
Mercator Advisory Group has promoted Alex Johnson to director of the credit advisory service, hired Raymond Pucci for the company’s advisory practices division as associate director of research services, and hired Joe Walent as lead analyst for Mercator’s emerging technologies advisory service.
People on the Move: Phil Davis and Brian Scott, PSCU
PSCU, a credit union service organization (CUSO), added Phil Davis and Brian Scott to its senior leadership team.
People on the Move: Andrew Cecere, U.S. Bancorp
U.S. Bancorp, parent company of U.S. Bank, announced that Andrew Cecere, currently vice chairman and chief operating officer, has been promoted to president.
People on the Move: Curt Hess, Barclaycard U.S.
Barclaycard U.S., the payments business of Barclays in the U.S., has appointed Curt Hess as CEO.
Company on the Move: CardLinx Association, New Members
CardLinx Association, which represents the card-linked rewards industry, announced the addition of several new members, including FIS, General Mills, Go Daddy, Samsung Card and Under Armour.
People on the Move: David Silberman, CFPB
The CFPB appointed David Silberman acting deputy director beginning next week, replacing Meredith Fuchs.
People on the Move: Michael O’Laughlin, Fiserv Inc.
Fiserv Inc., a global provider of financial services technology, announced that Michael O’Laughlin has been named president of its biller solutions business, which includes an array of bill presentment and payment services delivered through Web, mobile, telephone and walk-in channels.
People on the Move: Stephanie El Rhomri, GlobalPlatform Board of Directors
Stephanie El Rhomri, vice president of technology at FIME, has been elected to the board of GlobalPlatform, an industry body which standardizes the management of applications on secure chip technology.
People on the Move: H. Eugene (Gene) Lockhart, Ingo Money Inc. Board of Directors
Ingo Money Inc. announced that H. Eugene (Gene) Lockhart, former president and CEO of MasterCard Worldwide, has joined its board of directors.
People on the Move: Michael Pires, JetPay Corp.
JetPay Corp. has appointed Michael Pires CEO of its JetPay Payroll Services subsidiary.
People on the Move: Tara Nathan, MasterCard
MasterCard promoted Tara Nathan to executive vice president of public-private partnerships.
People on the Move: Steve Murphy, Mercator Advisory Group
Mercator Advisory Group has added Steve Murphy to its team as director for the company’s commercial and enterprise payments advisory service.
People on the Move: Ian Horsted, R&P Group
Ian Horsted, vice president at R&P Group has received the U.S. Recruiters Network award for Sioux Falls Area Top Producer for the fourth quarter of 2015.
People on the Move: Wences Casares, PayPal Board
PayPal Holdings Inc. has appointed Wences Casares to its board of directors. An international fintech entrepreneur and recognized next-generation payment and cryptocurrency thought leader, Casares will serve on PayPal’s compensation committee, according to an announcement.
People on the Move: Diane Fulton, CPI Card Group Board of Directors
CPI Card Group, a global provider in financial and EMV chip card production and related services, announced that Diane Fulton has been appointed to the board of directors.
People on the Move: Mary McLeod, CFPB
The CFPB has announced that Mary McLeod will join the bureau as general counsel, upon the departure of Meredith Fuchs, current general counsel and acting deputy director, in early 2016.
People on the Move: Andrea M. Sharrin, FinCEN
FinCEN Director Jennifer Shasky Calvery has announced the selection of Andrea M. Sharrin as associate director for the agency’s policy division.
People on the Move: Mark Shifke, Green Dot Corp.
Green Dot Corp. has appointed Mark Shifke chief financial officer.
People on the Move: GlobalPlatform, Board of Directors
GlobalPlatform, an association which standardizes the management of applications on secure chip technology, has announced its board of directors for fiscal year 2016.
People on the Move: Andrew R. Toftey, Lindquist & Vennum LLP
Lindquist & Vennum LLP has hired Andrew R. Toftey to join the firm’s financial institutions practice.
People on the Move: Ian Cole, WorldRemit
Online money transfer service WorldRemit has announced the hiring of Ian Cole as group chief financial officer.
Executive Profile: One on One with Joby Orlowsky, Discover Network
Joby Orlowsky is a die-hard Cubs fan—is there any other kind?—but the Chicago native’s optimism extends well beyond baseball. After nearly 20 years at Discover, Orlowsky is animated when he talks about the future of payments and Discover’s place in it. And unlike some, he’s not spooked about a potential fintech bubble.
