People on the Move: Joel Sherwin, Neopay
London-based compliance consultancy Neopay recently opened a U.S. office in Los Angeles to serve clients on both sides of the pond and named Joel Sherwin president of U.S. operations. Sherwin is a payments lawyer and fintech executive, who previously served as general counsel and chief operating officer of a U.S.-based network branded prepaid program manager. During that time, he advised and oversaw all legal aspects of operations, including fraud, risk and compliance, marketing, corporate financing and governance. In his new role at Neopay, Sherwin will serve businesses of all sizes—from the startup that needs to establish its BSA/AML program to sign a banking partner to an established company restructuring its internal compliance team or looking for compliance support. Neopay, which covers all areas of regulatory compliance from high-level strategy to detailed operational procedures and training, has a 100 percent success rate in gaining authorization for clients in the U.K. and EU, according to the company.
