Cardlytics appoints new CTO
Data-driven marketing company is reinforcing its troops for the new year.
Movers and Shakers
“Teach STEM from an early age” for equality in fintech
How to tackle inequality and promote women in fintech.
Women in FinTech: Lead the digital revolution and know your tech
How can women breaking into the FinTech and InsurTech industry get ahead?
Fintech Connect Live 2017: the unleashing of AI and ML
Fintech Connect Live 2017 is a gathering of some of the biggest players in the fintech. With the looming rise of open banking and the cryptocurrency surge, it’s the smaller start-ups and innovators of smart technologies in banking that are making headway with use of artificial intelligence (AI), machine learning (ML).
Sumeet Ajmani Joins Nova Credit as General Counsel
Nova Credit Inc., a cross-border credit bureau, has announced that Sumeet Ajmani is joining Nova as general counsel.
UK’s New Payment System Operator appoints board
Following the recent appointment of CEO Paul Horlock, the UK’s new payment system operator has named its first five board members.
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.
Saxo Payments Banking Circle Backs Project International Trade
Saxo Payments Banking Circle, has become the benefactor of an Emerging Payments Association (EPA) project to support the growth of early stage fintech companies around the world.
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.
TransferMate Appoints Former Intuit Exec as Director of Strategic Partnerships
TransferMate, a Dublin-based B2B payments platform, has named Fabrizio Zanollo as director of strategic partnerships.
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.
FT Partners Hires Goldman Sachs Veteran Melissa Wasser
San Francisco-based Financial Technology Partners (FT Partners), a fintech-focused investment bank, has hired Melissa Wasser as a director and head of private capital markets.
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.
Hyperwallet Taps B2B Payments Veteran for Executive Role
Hyperwallet, a global payouts provider to millions of independent workers, has hired Derrick Walton as its new executive vice president of global financial networks.
Corlytics apoints Stacey English to UK board
Corlytics appoints Thomson Reuters’ head of regulatory intelligence, Stacey English, to its UK board.
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.
FirstView Financial Names Bob Raffo New CEO
Bob Raffo Jr. has joined the Pay Award-winning prepaid program manager and processor FirstView Financial as president and CEO.
Incentive Marketing Association Names New President, Board
The incentive trade group has named a new president and board members for 2017-2018.
Former Citi Vice Chairman Lewis Kaden Joins Baton Systems Advisory Board
Baton Systems, an on-demand platform for clearing, settling and managing payments between financial institutions, has appointed former Citigroup Vice Chairman Lewis B. Kaden to its advisory board.
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.
Earthport Appoints New Head of Europe
Earthport, a London-based cross-border payments network, has named Beau Andersen as head of Europe.
RegTech Firm Corlytics Adds Depth to Advisory Board
Corlytics, a regulatory risk intelligence firm, has named Peter Oakes and David Bundi to its global advisory board.
People on the Move: Malcolm Fowler, Moneris
Toronto-based merchant acquirer Moneris Solutions Corp. has appointed Malcolm Fowler chief product and partnership officer.
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.
Infosys CEO quits after personal attacks
Infosys’ MD and CEO has resigned, citing a continuous stream of distractions and disruptions, and personal and negative attacks on his performance. In his notice of resignation, Dr Vishal Sikka, complained of “false, baseless, malicious and increasingly personal attacks” from the company’s founders. Sikka’s exit pushed Infosys shares down around 8% – and follows a […]
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.
TransferMate Adds New Hires amid U.S. Regulatory OK
TransferMate, a global B2B payments platform, announced the expansion of its senior management team following its achievement of full U.S. regulatory approval.
Prepaid Veteran Jeff Lewis Joins Sutton Bank
As part of its overall payments expansion strategy, Sutton Bank has named prepaid veteran Jeff Lewis senior vice president, prepaid services.
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.
The Bancorp Strengthens Operations, Risk Management with New Leadership Team
The Bancorp Inc. has created a new senior-level team, it says, will strengthen its operations and risk management functions by developing a more productive and efficient operating environment.
Visa Expands with Data Centers in Singapore, U.K.
Visa Inc. is expanding its transaction-processing capabilities with two data centers in Singapore and the U.K. to “increase the speed, resilience and geo-diversity of Visa’s infrastructure, while strengthening the company’s ability to deliver new and more sophisticated ways to pay in today’s hyper-connected global economy.”
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.
Karmic Secures $17.2 Million in Series B Financing, Adds Board Members
Pay Award-winning Karmic, which offers an integrated payment and expense management solution, has raised $17.2 million in a Series B round of financing. Wei Hopeman and Jim Whims have joined its board of directors.
Compliance Titans: Jim Schafer, FIS
An early interest in credit cards hooked Jim Schafer on payments. Since then, his work has taken him across the globe in roles as diverse as programming and human resources. But it’s his current role as senior compliance director of FIS Payments that has led him to be named one of Paybefore’s Compliance Titans.
People on the Move: John D. Orr, FutureVault
FutureVault, a personal and business information management company based in Toronto, has named banking executive, lawyer, entrepreneur and investment professional John D. Orr as CEO. Orr also has made a significant personal investment in the company for a material ownership position.
Company on the Move: Canadian Prepaid Group Welcomes New Members
The 2-year-old Canadian Prepaid Providers Organization has welcomed three new members and added an annual CPPO Prepaid Symposium to further its mission of supporting the fast-growing prepaid industry in Canada.
