Memento a leading provider of enterprise fraud management solutions for financial institutions, today announced that John E. OâMalley has joined the company as its Chief Executive Officer. Mr. OâMalley brings over 20 years of strategic vision and successful execution in financial services and technology markets to Memento. With broad executive experience and a deep understanding of how to bring innovative technologies to the financial services sector, he is exceptionally well-qualified to lead Memento through its rapid growth.
âI am pleased to hand the reins of Memento to an industry veteran who brings a superb mix of banking industry experience and a solid track record of taking companies like Memento to the next level,â said Mementoâs founding and outgoing CEO, BC Krishna. âJohn OâMalley is a proven leader who also brings a passion for delivering value and exceeding customer expectations â traits that are deeply rooted in Mementoâs DNA.â Mr. Krishna led the executive search process and will remain an active advisor and member of the Board of Directors.
John OâMalley is an expert in developing high performing companies and helping financial institutions solve important business challenges. His broad execution, leadership and strategic planning skills have helped Mr. OâMalley drive innovation and operational excellence at several influential financial services technology companies. As President and CEO of Harland Financial Solutions, Mr. OâMalley managed multi-business unit operations with over 1,800 employees and grew revenue from $17M to over $300M. Additionally, Mr. OâMalleyâs leadership led to significant growth at Fiserv where he served as President of the CBS Division and also at Hogan Systems (acquired by Computer Sciences Corp.) where he was Executive Vice President of International Operations.
âMemento is a nimble, high energy company with unique competitive advantages that brings a powerful, proven approach to some of the most important and costly fraud challenges that banks and credit unions face today,â said John OâMalley. âI am proud to join the passionate, talented team at Memento and am excited to deliver a new class of fraud and regulatory capabilities to financial institutions across the industry.â
Memento, Inc., a leader in enterprise fraud management, delivers next-generation technology and proven solutions that allow financial institutions to rethink the way they combat and manage fraud. Memento Security, the companyâs award-winning software platform, protects deposit accounts from wide-ranging, costly threats and enables key stakeholders to measure the true value of loss prevention investments. Trusted by the worldâs largest and most influential financial institutions, regional banks, and credit unions, Memento offers exceptional accuracy, rapid ROI, and unmatched business value.Details