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CFPB announces new leaders, advisory board members

The CFPB announced last week the appointment of new leaders within the agency as well as consumer finance experts to the CFPB’s advisory boards for consumers, community banks and credit unions. New senior leader appointments include Patricia McClung, a former senior housing policy advisor at the Federal Housing Administration, to the position... Read More...

McWatters sworn in as NCUA board member

J. Mark McWatters was sworn in earlier this week as a board member of the National Credit Union Administration, replacing outgoing member Michael Fryzel during a ceremony in Dallas. McWatters joins NCUA Chairman Debbie Matz and Vice Chairman Rick Metsger on the three-person board. His term is set to expire in August 2019. "It is my... Read More...

TMG adds Melanie Barker as COO, executive VP

Payments processor The Members Group recently announced the addition of Melanie Barker as the company’s COO and executive vice president, following the recent retirement of Cynde Urness. Barker, whose career in the financial industry spans 25 years, will be responsible for supporting strategic planning and execution to boost the... Read More...

MasterCard names Ram Chari CEO of newly acquired ElectraCard Services

MasterCard recently announced the appointment of Ram Chari, a senior business leader with the company, to head the recently acquired ElectraCard Services Private, Ltd., in Pune, India. Chari most recently served as a leader in MasterCard’s alliances processing division in the Asia Pacific, Middle East and Africa department. With more than... Read More...

MoneyGram adds payments experts for emerging markets, self-service

Money transfer and payment services provider MoneyGram announced earlier this week that the company has added two new payments experts—Yogesh Sangle and Andrew Typrin—to focus on strategic growth in emerging markets and self-service channels. “I’m very pleased to announce the addition of Yogesh and Andrew to our leadership team,”... Read More...

ETA takes on payments expert Amy Zirkle as industry affairs director

The Electronic Transactions Association recently announced the addition of payments technology expert Amy Zirkle as the organization’s director of industry affairs. “Amy’s dual experience with technology and financial services, as well as mobile payments in the developing world, enables her to provide valuable strategic insight to our... Read More...

Discover Financial names Walter Morris, Jr. to board of directors

Discover Financial Services announced last week that Walter H. Morris, Jr. will join the company’s board of directors, bringing with him more than 30 years of experience in the financial services industry. Before joining Discover, Morris served as the senior managing director of Brock Capital, an investment banking and advisory firm, starting... Read More...

PayPal head David Marcus to resign, move to Facebook

eBay announced last week that PayPal President David Marcus will leave the company later this month to take charge of Facebook’s messaging products. “As the head of PayPal, David helped make a great business better, reinvigorating product design and innovation and energizing the team to deliver compelling consumer experiences,” eBay... Read More...

NASCUS appoints Wisconsin CU regulatory head Kim Santos to board

The National Association of State Credit Union Supervisors (NASCUS) recently appointed Kim Santos, the head of Wisconsin’s Office of Credit Unions (OCU), to the organization’s board of directors. "Kim is a respected longtime member of NASCUS and the state regulatory community, and she will be a valuable addition to our board," NASCUS... Read More...

Ingo Money appoints Dickson Chu as executive VP of development

Payments technology provider Ingo Money recently announced the appointment of payments expert Dickson Chu as the executive vice president of corporate development and chief product officer. Most recently, Chu served as the senior vice president of merchant solutions at discount marketplace LivingSocial, where he helped establish a new... Read More...

TSYS appoints Walter Taylor as head of procurement

TSYS announced on Tuesday that Walter Taylor has been named the group executive and chief procurement officer responsible for vendor and supplier management. Before joining TSYS, Taylor served as the executive vice president of strategy at Genesis10, where he was responsible for strategy for IT staffing and consulting in the financial... Read More...

Joseph Plumeri to lead First Data client delivery, innovation as vice chairman

Payment technology provider First Data recently announced that it has named Joseph J. Plumeri, the head of client delivery, innovation and marketing organization, to the position of company vice chairman. Plumeri joined the company’s board of directors and was appointed as a senior advisor to KKR, which owns First Data, in last August. He... Read More...

Better ATM Services announces numerous changes in senior leadership

Arizona-based Better ATM Services, which offers technology that allows ATMs to load, activate and dispense prepaid cards, announced a number of leadership changes last week as part of an effort to accelerate the company’s growth plan. Howard Green will take over as the acting president and CEO, where he will be responsible for driving growth... Read More...

Former Visa prepaid executive Scott Salmon joins i2c

Former Visa prepaid executive Scott Salmon was recently named by payment processing provider i2c as the general manager of international growth at the company, where he will be responsible for developing and expanding i2c’s presence. i2c—headquartered in Silicon Valley—supports prepaid, debit and credit card transactions made... Read More...

Eric Haller to head Experian research, development in company DataLabs

Experian—one of the big three credit reporting agencies—announced on Monday that Eric Haller has been named the executive vice president of Experian DataLabs, which utilize data sets to help clients address marketing and risk-management challenges. “Clients are seeking innovative techniques and applications to capture the value that is... Read More...

James Lipham to retire as TSYS CFO after nearly 30 years with company

TSYS announced on Monday the retirement of James B. Lipham as the senior executive vice president and CFO after nearly 30 years with the company. Lipham, a graduate of West Georgia College, worked early in his career as a senior accountant with Ernst & Whinney, which later merged with Arthur Young & Co. to form Ernst & Young. He... Read More...

Kelly Kay named president, head of operations at payments firm YapStone

Web and mobile payments firm YapStone, which processes over $8 billion in transactions annually, announced on Monday the appointment of Kelly Kay as the president and COO of the company, where she will be responsible for overseeing operations. Kay, who was previously general counsel and the head of risk at YapStone, was recently named San... Read More...

Cotney named head of FFIEC’s state liaison committee

David Cotney, the commissioner of banks for the state of Massachusetts, was recently reappointed to serve as head of the Federal Financial Institutions Examination Council’s (FFIEC) state liaison committee. Cotney, whose term is set to expire in 2016, will serve as chairman for one year but can be elected to additional terms on the... Read More...

Senate Banking Committee approves nominations to Fed, HUD, NCUA

The Senate Banking Committee voted on Monday to approve several nominations to the Federal Reserve Board of Governors, Department of Housing and Urban Development (HUD) and the National Credit Union Administration (NCUA). Stanley Fischer, Jerome Powell and Lael Brainard were approved by the committee to serve as members of the Fed board.... Read More...

YellowPepper names White Star co-founder Hernandez to advisory board

Miami-based mobile payments provider YellowPepper announced on Monday that White Star Capital Co-Founder and Managing Partner Christian Hernandez has been elected to the company’s advisory board. “Christian is a top-notch executive, business leader and finance veteran who holds an impressive track record, and we are delighted to welcome... Read More...

Jonathan G. Weiss named head of Wells Fargo Securities

Wells Fargo announced last week the appointment of Jonathan G. Weiss to head Wells Fargo Securities, replacing John Shrewsberry, who was recently promoted to the position of CFO. “We’re extremely fortunate to have such a strong management team with deep bench strength already in place at Wells Fargo Securities,” Tim Sloan, the new... Read More...

Senate Banking Committee to vote on McWatters nomination to NCUA board

The Senate Banking Committee will vote next week on the nomination of Mark McWatters to serve on the board of the National Credit Union Administration. The committee will meet in executive session on April 29 and will consider other federal agency nominees for the Federal Reserve and Department of Housing and Urban Development. McWatters was... Read More...

2Checkout appoints Shawn Budde as CEO

Global online payments provider 2Checkout announced on Wednesday the appointment of Shawn Budde as the company’s CEO after a months-long search for potential candidates. Buddge, who has more than 25 years of experience in finance, has held executive roles at Citibank and Capital One. He also has experience in data analytics, and he is the... Read More...

CFPB appoints Bostic, Stephens to academic research council

The CFPB announced earlier this week that it has appointed two new members—Ralph Bostic and Melvin Stephens—to its academic research council, which was established to guide the agency in matters of research and strategic planning. Bostic serves as the chairman of governance and public enterprise at the Sol Price School of Public Policy at... Read More...

Barclays names Felder, McGrath, Taylor to investment bank

Barclays announced last week that it has named Eric Felder, Joe McGrath and Richard Taylor to its investment bank, where they will report to Eric Bommensath and Tom King, the co-CEOs of corporate and investment banking. “Eric, Joe and Richard are recognized leaders with extensive investment banking knowledge,” Bommensath and King said.... Read More...

PAI’s Donna Embry named one of most influential women in payments

Payment Alliance International announced on Monday that Donna Embry, the senior vice president of strategic development, has been named by PaymentsSource as one of the most influential women in payments for the second consecutive year. “I am thrilled to be recognized again for this prestigious award and honored to be a part of the amazing... Read More...

MasterCard nominates two individuals for board director positions

MasterCard’s board of directors recently nominated two individuals for election as independent directors—if elected, Julius Genachowski and Merit Janow will increase the number of board members to 13. “The world continues to get smaller and technology opens new doors every day,” MasterCard Board Chairman Richard Haythornthwaite said.... Read More...

SWACHA CEO Dennis Simmons receives service award at PAYMENTS conference

Longtime CEO of Texas-based SWACHA Dennis Simmons was awarded last week for his service and dedication to the support of the U.S. ACH payment network. Simmons received the Distinguished Service Award at the chairman’s leadership reception at the 2014 PAYMENTS conference in Florida, hosted by NACHA—The Electronic Payments... Read More...

Square takes on Amazon’s Alyssa Henry as head of engineering

Square announced on Monday that Alyssa Henry, the former vice president of Amazon Web Services Storage Services, will join the company as head of engineering, where she will lead operations for Square’s infrastructure and payments platform. “Making technology simple is a fun challenge because it requires tackling massive complexity,”... Read More...

Visa names Kelly Mahon Tullier as executive VP, deputy general counsel

Visa announced last week that former PepsiCo executive Kelly Mahon Tullier will join the company as executive vice president and deputy general counsel, as well as a member of the company’s executive committee. Tullier began her career at PepsiCo in 2004, when she joined the company as vice president and general counsel of Frito-Lay. From... Read More...

Heartland Payment Systems names new chief financial officer

Heartland Payment Systems recently named Samir Zabaneh as its chief financial officer. Zabaneh will be responsible for the overall strategic and operational direction for Heartland's finance department, including reporting, treasury, taxation, and corporate planning and development, as well as investor relations. Additionally, Zabaneh will... Read More...

Former AOL tech executive Michael Manos joins First Data as CTO

First Data announced last week the appointment of former AOL technology executive Michael Manos as the company’s new CTO, where he will be responsible for global technology infrastructure. As CTO at AOL, Manos was responsible for the company’s global technology and development platforms for its subscription businesses, as well as industry,... Read More...

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