People on the Move: Marcus Treacher, Ripple
Ripplet, a global provider of financial settlement solutions, has hired HSBC alum Marcus Treacher as global head of strategic accounts.
Movers and Shakers
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: Emmett Higdon, Javelin Strategy & Research
Javelin Strategy & Research has announced that Emmett Higdon has joined the firm and will assume the role of director of mobile.
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.
People on the Move: Retail Gift Card Association, Board of Directors
The Retail Gift Card Association (RGCA) has elected five new members to its board of directors and appointed two current board members to executive-level positions.
People on the Move: John Sloan, Allegiance Capital Corp.
John Sloan has been named president and CEO of Allegiance Capital Corp., a Dallas-based private investment bank.
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: Anil Aggarwal, Blackhawk Network Board
Blackhawk Network has named Anil Aggarwal to the company’s board of directors.
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: Eric Thiegs, National Gift Card Corp.
National Gift Card Corp. (NGC), a provider of B2B incentive and loyalty gift cards, has appointed Eric Thiegs president.
People on the Move: Robert O. Carr, National Infrastructure Advisory Council
President Barack Obama announced he will nominate Robert O. Carr, chairman and CEO of Heartland Payment Systems Inc. to a key post on the National Infrastructure Advisory Council.
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.
Fuchs Joins List of High-Ranking CFPB Staffers Who Flee to Private Sector
Meredith Fuchs joins at least 45 Consumer Financial Protection Bureau employees who have left the bureau for the private sector since 2011.
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.
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.
