Movers and Shakers


Company on the Move: TOC, FIDO Alliance

Chilean biometrics company TOC has joined the FIDO Alliance, the association aiming to develop global standards for online authentication based on methods that are more secure than simple passwords.

Companies on the Move: Edge Consultancy 

Edge Consultancy LLC, a new strategic consulting firm aimed at community banks and credit unions, has added several new consultants and leadership positions, including CEO Kirk Kordeleski, former CEO at Bethpage Credit Union.

People on the Move: Raj Seshadri, MasterCard

MasterCard has appointed Raj Seshadri as president, U.S. Issuers. In this new role, she will be responsible for managing and expanding the company’s partnerships with banks and credit unions across the U.S. market.

People on the Move: Mung Ki Woo, OmnyPay

OmnyPay, a provider of one-step loyalty rewards and coupon redemption via mobile, announced that former MasterCard senior executive Mung Ki Woo will be joining OmnyPay’s leadership team in the role of chief partnerships and international officer.

CFPB Fills Leadership Posts

On April 12, the CFPB announced the addition of several new members to leadership positions within the bureau for the external affairs division; the consumer education and engagement division; the student loan ombudsman and Office for Students and Young Consumers; the Office of Small Business Lending; the Office of Consumer Response; and the Office of Supervision Examinations.

Company on the Move: Accuity, New Miami Office

Global risk and compliance and payments solutions provider Accuity has opened a new office in Miami to serve new and existing clients in Miami, Central America, Mexico, Colombia, Venezuela and the Caribbean.

People on the Move: Hyperledger Project, Board Leadership, New Corporate Members

The Hyperledger Project—a collaborative effort, led by the nonprofit Linux Foundation, with the goal of establishing an open blockchain distributed ledger platform that will satisfy a variety of use cases across multiple industries—has announced newly elected leaders of its governing board and technical steering committee, along with new corporate members.

M&A Update: Payoneer Buys Armor; FinTech Studios Acquires iUbble

M&A activity continues apace with cross-border B2B payments firm Payoneer completing its acquisition of escrow services provider Armor Payments. Meanwhile, FinTech Studios, which sells fintech software, has bought iUbble, a 2-year-old company whose own software includes a browser for Web and mobile apps.

People on the Move: Mayer Brown LLP

Mayer Brown LLP, a legal services organization advising clients in the Americas, Asia and Europe, announced that a consumer financial services group of partners has joined the firm, representing an addition to its global financial services regulatory and enforcement practice.

People on the Move: PIF Board

The Prepaid International Forum (PIF), the London-based nonprofit trade association for the prepaid sector, welcomed four new members to its board of directors and announced the reappointment of three existing members.

People on the Move: Pamela A. Joseph, TSYS

Columbus, Ga.-based payments processor TSYS has announced that Pamela A. Joseph will join the company as president and chief operating officer effective May 1, 2016.

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.

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