CFPB Fills Leadership Roles amid Uncertain Future
Ahead of what could be some big changes for the CFPB during the incoming Trump administration, the agency has announced new appointments to several leadership positions.
Ahead of what could be some big changes for the CFPB during the incoming Trump administration, the agency has announced new appointments to several leadership positions.
President-elect Donald Trump will nominate Jay Clayton to head the Securities and Exchange Commission (SEC). A partner with law firm Sullivan & Cromwell specializing in mergers and securities offerings, Clayton has advised on many major investment banking deals, including the record-breaking IPO of Chinese e-commerce giant Alibaba in 2014.
Anders la Cour, co-founder and CEO of cross-border payments specialist Saxo Payments, has been appointed to the Emerging Payments Association (EPA) advisory board for 2017.
The general assembly of the European Payments Council (EPC), a representative body of European payment service providers, has re-elected Javier Santamaría as its chairman, effective immediately and running for the next two years.
John Incandela has been named president and CEO for the U.S. operations of Pango, a provider of mobile payment services for parking, transit, ride-hailing and other urban services.
Cross-border payments network and banking consortium PayCommerce has opened new offices in Dubai and Ontario, Canada.
Posera Ltd., a provider of software solutions for the hospitality industry, has appointed Tom McCole to the company’s board of directors, effective Jan. 1, 2017.
Payments and fintech recruiting firm R&P Group has promoted Ian Horsted to the role of senior vice president, recruiting, sales practice executive.
TSYS has announced several leadership changes and a restructuring of its business divisions.
Ruth Prior, currently deputy CFO at global payment processor and technology provider Worldpay, will become the company’s first chief operating officer.
Steve Pruitt has taken on the role of director of new business development for the Americhip Gift Card Group, a provider of print, specialty packaging, shopper marketing and gift card programs.
Jo Kenrick has been named an independent director on the board of Bacs Payment Schemes Ltd., the network behind the clearing and settlement of U.K. automated payment methods, direct debit and Bacs direct credit, as well as the Current Account Switch Service and the Cash Isa Transfer Service.
Deutsche Bank has made two leadership appointments to its fintech innovation team. Elly Hardwick will become head of innovation for the bank, while Philip Milne has been named chief technology officer (CTO) for innovation.
GlobalPlatform, an industry body which standardizes the management of applications on secure chip technologies, has launched a China Task Force to give Chinese members and all GlobalPlatform members with business interests in China a dedicated platform to identify and agree on requirements from the region and work directly with Chinese industry and standards associations.
Blockchain-based financial settlement solutions provider Ripple has named Miguel Vias as head of XRP markets.
Cloud-based m-POS solutions provider ShopKeep has appointed Crystal Caligiuri as the company’s new senior vice president of operations and customer care.
BNY Mellon’s treasury services business has created a global innovation group and appointed Christopher Mager to lead it.
Nasir Zubairi has been named CEO of the Luxembourg House of Financial Technology (LHoFT), a new public-private initiative aimed at advancing Luxembourg’s fintech and financial services industry.
San Francisco-based personal finance company NerdWallet has named Tapan Bhat as its first chief product officer.
Online payment service provider PayU has appointed Matthias Setzer as its global chief commercial officer.
The Prepaid International Forum (PIF) has announced that Mastercard and Neopay have become benefactors of the 10-year-old prepaid financial services trade association.
Stockholm-based payments provider Trustly has hired Ulrica Falkenberg as head of people operations, where she will be tasked with supporting the company’s growth and doubling the staff from 130 to 250 in the next year.
Kathleen Campbell, quality manager for card marketing and production firm Arroweye Solutions, has passed the International Card Manufacturers Associations’ (ICMA) ACE-P certification. Campbell joins Marce Rose, Arroweye’s operations manager, who recently received both the ACE-P and ACE-M certifications.
Purchasing intelligence and marketing firm Cardlytics has named Peter Gleason as the company’s new president of international operations.
Private equity firm Finstar Financial has appointed Mark Ruddock to oversee a new corporate venture group that will look for opportunities in the fintech space.
Danielle Piro has joined the Paybefore team as business development manager.
Shazia Manus, CEO of payments processor The Members Group (TMG), has been recognized by her alma mater, Iowa State University (ISU), for her commitment to driving economic growth in the financial services industry.
Payment services provider Total Merchant Services has been named to Fortune’s Best Medium Workplaces list, taking the No. 8 spot in the rankings.
Card fulfillment and manufacturing specialist CPI Card Group has appointed Jay Arbabha as chief technology officer, responsible for leading the development of CPI’s technology strategy and IT operations.
Fifth Third Bancorp has named Aravind Immaneni as executive vice president and chief operations and technology officer.
The recently published Chambers UK 2017 legal ratings recognized several Locke Lord LLP lawyers as leading practitioners in their respective practice areas and recognized two of the firm’s U.K. practice areas for excellence.
MYPINPAD, a U.K.-based provider of multifactor authentication for touchscreen devices, has named Steve Perry to the company’s board as a non-executive director.
The U.S. Office of the Comptroller of the Currency has named Morris Morgan as the agency’s senior deputy comptroller for large bank supervision.
Ian Horsted, vice president at R&P Group, has been awarded the U.S. Recruiters Network award for Sioux Falls Area Top Producer for Q3 2016.
Square Inc. has hired Hillary Smith as the company’s general counsel.
Payment solutions provider TMG Financial Services has hired Shawna Pritchard as a collections manager and also has promoted Jennifer McGinley to the role of manager of client service.
Financial services research and advisory firm Aite Group has hired Tiffani Montez as a senior analyst in its retail banking and payments practice, where her research will span card issuance for prepaid, credit and debit cards.
Mobile carrier billing specialist Bango has hired Fernando Dias to head its operations in Latin America.
Small business lending fintech provider Bizfi has appointed John Donovan as the company’s CEO.
Central Payments, the payments division at Central Bank of Kansas City (CBKC), has announced that Jo Ann Sowers has joined the company as vice president of client relations.