TouchSuite has ankled payments veteran Richard Parrott as Executive Vice President focusing on the diversification of the company. This is a new position for TouchSuite.
Mr. Parrott has more than 20 years of risk-management expertise in compliance and operations at ISOs, payment processors, and Card Brands such as Discover Card. He also has a track record of working with the FBI, Secret Service, and local police agencies.
He currently serves as president of the Merchant Acquirers Association, an organization of bankcard professionals involved in the risk management side of card processing.
Mr. Parrott joins TouchSuite from Merchant e-Solutions, where he served as Senior Vice President of Credit and Risk. He was previously a Vice President of Risk and Underwriting at North American Bancard and a Director of Risk at Litle & Co. Mr. Parrott also held risk management positions at Planet Payment, Pay by Touch, RBS Lynk and Discover Card.
For data, background and forecasts on TouchSuite: Search CardWeb.com’s CardFlash® Library of more than 58,000 archived articles; Access CardWeb.com’s CardData® for current and historical Performance, Portfolios, Profiles, etc. Visit RAM Research® (ramresearch.com) for quarterly and annual forecasts covering more than 150 metrics. [complimentary or deeply discounted access to CardWeb.com subscribers].
Additional database resources include CardWeb.com’s CardExecs® – comings & goings of payments movers & shakers; CardWeb.com’s CardWatch® – ears & eyes on marketing globally (57K items); and CardWeb.com’s CardPixes® – form & function of card design (7K items).