CardWeb.com’s CardExecs da tabase of card industry movers and shakers today features James Barrese, Chief Technology Officer of PayPal. eBay recently announced a plan to separate the company’s eBay and PayPal businesses into independent publicly traded companies in 2015.
The Payments Council (15 July 2014) announces the appointment of three new independent directors to its Board. Sarah Chambers, Christine Farnish CBE and Robert Lerwill bring a wide range of experience in consumer policy, financial services and regulation to the Board. They join Clare Spottiswoode CBE as one of the Board’s four independent directors. Sarah is an expert in regulation, competition and consumer policy. Christine has wide experience of financial services, public policy and regulation. Robert Lerwill is a chartered accountant. The Payments Council Board is made up of 15 voting directors, a voting independent chairman and an observer from the Bank of England. In addition to the independents, 11 directors are appointed by the industry to represent a cross section of the Payments Council membership.
First Data electronic commerce and payment processing renewed its processing contract with DAB Bank AG, a subsidiary of UniCredit Bank AG and part of UniCredit Group, for a further five years. First Data will continue to be responsible for delivering card processing services for DAB Bank AG’s MasterCard Classic, MasterCard Gold, MasterCard Platinum and MasterCard World Signia. First Data will also continue to provide a range of technical services for processing electronic payment transactions including account processing, authorizations, transaction processing, accounting and fraud prevention, as well as operational services such as contact centre services, emergency card replacement services and disputes handling for DAB Bank AG cardholders.
Clean Power Finance online marketplace for residential solar financing and leading provider of solar sales software announced the appointment of Steve Olszewski to senior vice president, operations. He most recently was senior vice president at Discover Financial Services, where he led the student loans business through the integration of The Student Loan Corporation and later oversaw the largest portfolio acquisition in Discover’s history. He also managed the six-fold growth in the deposits business, which became the company’s largest funding source. Steve also led underwriting and servicing operations for GMAC’s auto insurance business and held operations strategy roles at Capital One. He holds an MBA from Northwestern’s Kellogg Graduate School of Management.
Oberthur Technologies’ Board of Directors named Xavier Drilhon CEO after having held the role of Deputy Managing Director of François-Charles Oberthur Group which he joined in 1994. He joined the card activity early in 1998 where he held various responsibilities in the industrial and commercial fields. He played a key role in the purchase of the De La Rue Group’s card division, in the merger with Oberthur Card Systems as Director of Corporate Operations and in its IPO in 2000. Since 2008 he has headed the Card Systems Division where he improved the economic results despite the 2009 global recessionary period, created a new product line in convergence solutions and took an active part in the purchase and integration of the company XponCard.
Michael O’Laughlin has been promoted NCR senior vice president of its Financial Services division. O’Laughlin led NCR’s more than $2 billion global financial services business since March 2009 as VP and GM, growing its global ATM market share after having joined the Company in 2001. Prior to being named general manager of Financial Services, he served as the regional vice president for NCR’s business in the Caribbean and Latin America, where he was responsible for driving growth of NCR’s assisted and self-service solutions across the retail, financial, travel, healthcare, hospitality, gaming and public sectors. He formerly served as vice president of NCR Americas Services Sales and Marketing. Michael came to NCR with 18 years’ in technology sales and engineering, previously served Digiquant as VP, sales and sales engineering for the Americas.
Cantor Gaming has appointed Coreen Sawdon CFO to oversee strategic management of accounting and finance operations at Cantor Gaming. She joins Cantor Gaming from Shuffle Master where she served as Acting CFO, SVP and Chief Accounting Officer. Prior to joining Shuffle Master, Ms. Sawdon held several positions at GES Exposition Services including Vice President of Finance. Ms. Sawdon started her career at Ernst & Young and subsequently held increasingly senior positions at Coopers & Lybrand and Arthur Andersen.
Stephen Wecksler has been appointed Paymetric VP, business development. Bringing with him more than ten years’ experience in the financial services industry, Wecksler served as executive VP with FirstView prepaid debit card and e-billing solutions provider, following various roles selling, supporting and implementing nationwide retail prepaid long distance card programs during a five year tenure at MCI/Worldcom. He also spent six years in the Change Management Practice at Andersen Consulting (now Accenture) and led business development activities for the RBS WorldPay Prepaid and Loyalty Sales Team. Steve holds a B.A. from the University of Michigan and an MBA from the University of Alabama.
Nigel Lee has been named executive VP of MoneyGram International’s EMEAAP region, overseeing Europe, Middle East, Africa and Asia Pacific. In his new role, Lee will concentrate on growing MoneyGramâs business across the region, which currently includes nearly 130,000 agent locations, spans 147 countries, and accounts for 30% of MoneyGramâs total revenue. Lee was previously president of First Data Asia Pacific since 2005, where he created a profitable Asia Pacific business. Previously, Lee served as regional VP, financial services for EDS in Hong Kong, held a variety of senior executive positions for Australian Home Loans and began his career as a management consultant with Accenture. He holds a masterâs degree in Chemical Engineering from Imperial College in London, an MBA in Marketing and Finance from Manchester Business School and is a Chartered Member of the Institute of Marketing in the UK.
RTG Ventures has announced a joint venture with London-based International Financial Systems Limited (IFS) that will develop and roll out the iPayu mobile payments technology. IFS invented the iPayu platform and RTG Ventures had an existing agreement to license the technology to roll out and embed into its portfolio of products. This agreement sees both sides making a larger commitment to support continuing development of the intellectual property rights and enables the new joint venture to exploit opportunities faster. The joint venture will officially launch on May 31st and will combine the technical, banking and payments expertise of IFS with the sales, marketing and operations muscle of RTG Ventures. IFS provide core banking, Internet banking, mobile phone banking and compliance solutions. RTGV is targeting niche markets in the areas of Web-TV with embedded internet and mobile payment solutions.
Pipeline Data has tapped Chris Anderson, previously with CheckFree, as its EVP/CFP. Anderson will be responsible
for all of the companyâs financial and administrative operations,
including Finance, Accounting, Treasury, Tax, Human Resources, and
Investor Relations. While with CheckFree he was an integral part of
the Executive Management Team for the Software Division, during
which time the division experienced a period of unprecedented
international expansion, and revenue and margin growth. Before joining
CheckFree/Fiserv in 2005, Anderson served seven years as Chief Financial
Officer for London Bridge Group of North America, Inc., a global
software company which later was acquired by Fair Isaac Corporation.
Anderson is a Summa Cum Laude graduate in Managerial Economics
from the University of California and is a Certified Public Accountant.
Alternative payment provider inpay has expanding its banking network to
inpay offers a payment option for webshops that allows customers to pay
using their online bank.
With inpay any e-commerce website can increase sales by selling
worldwide with no risk and by offering an alternative to customers who
are unable or unwilling to use credit cards. Inpay is part of a group of 6
companies within the e-commerce industry owned by the private Danish
investment company NetGroup Holding.