People on the Move: Jennifer Shasky Calvery, FinCEN
Jennifer Shasky Calvery will leave her position as director of the Treasury Department’s Financial Crimes Enforcement Network (FinCEN) at the end of May.
Movers and Shakers
People on the Move: Matthew Eichner, Federal Reserve Board
The Federal Reserve Board has appointed Matthew Eichner to serve as director of its Division of Reserve Bank Operations and Payment Systems, effective May 1.
People on the Move: Donna Embry, Payment Alliance International, ETA Award
Donna Embry, chief payments adviser at Payment Alliance International (PAI), has been honored as the winner of the 2016 Distinguished Payments Professional Award from the Electronic Transactions Association (ETA).
People on the Move: Ron Metschke, TMG
Payments processor TMG has named Ron Metschke to the newly created role of senior vice president, channel development
People on the Move: Phil Olson, Financial Technology Partners
Financial Technology (FT) Partners has hired Phil Olson as a managing director in the company’s new Chicago office.
People on the Move: PSCU Board of Directors
Credit union service organization PSCU has re-elected four current members of its board of directors to new three-year terms.
People on the Move: Brooke Fitts, Central Payments Division at CBKC
Central Payments, the payments division at Central Bank of Kansas City (CBKC), recently announced that Brooke Fitts has joined the company as vice president of operations.
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.
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.
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.
