Climbing the Ladder

Feb. 26, 2015

Climbing the Ladder Several companies serving the card-not-present payments space recently announced notable personnel moves:

Global payment gateway BlueSnap has put a $50 million capital raise to work by hiring 20 e-commerce and payment industry veterans over the past four months and is opening an office in Chicago. The company said the new hires—including Peter Caparso , the former head of North America for Adyen, as chief commercial officer—bring a track record of achievement from payment companies such as Chase Paymentech, American Express, Visa, WorldPay, Vantiv and Braintree.

New York City-based financial institution Citigroup hired Matt Swann to be head of technology for its global cards and payments businesses. Most recently, Swann had been general manager of payments for He will be based in New York and will report to Mark Torkos, head of technology for Global Consumer Banking.

EMV migration solution provider Creditcall has named Lars Dige Pedersen, Ph.D. its new CEO. Pedersen, who also was appointed to the company’s board of directors, will oversee efforts to strengthen the company’s role as a trusted and experienced EMV migration partner as the U.S. prepares for the EMV migration leading up to the October 2015 liability shift deadline. Most recently, Pedersen served as CEO to Ireland-based CommProve.

Boston-based digital merchant acquiring bank Credorax appointed Joshua Floum as chairman of its board of directors. Floum, the former general counsel for Visa, will leverage his 30 years of expertise and experience in financial services, payments, advanced technologies, governance and risk initiatives to further facilitate the company’s growth worldwide.

San Diego-based consumer risk management technology provider ID Analytics has appointed Timothy Laughlin as its chief financial officer. Laughlin comes to ID Analytics from Leap Wireless where he was that company’s treasurer. Laughlin will work directly with ID Analytics CEO Larry McIntosh to set and manage the company’s financial strategy.

Semafone , a U.K. based provider of secure payment technology for call centers hired Iain Johnston as its new chief operating officer. Previously, Johnston was head of the PCI program at Sky, where he implemented DTMF capture technology from Semafone. As COO, Johnston will be responsible for all aspects of product development and delivery, including research, design and development, production, implementation and customer support.

David Sear has been appointed CEO of online payment technology provider Skrill Group. Sear was promoted from chief commercial officer, a role he had been serving since August 2014. Previously, Sear served as CEO of Weve, an m-commerce joint venture established by U.K. carriers EE, O2 and Vodafone.

TSYS , the Columbus, Ga.-based payment processor, named Thomas Boyer president of TSYS Merchant Solutions. Boyer, who previously served as senior vice president of portfolio management for Bank of America Merchant Services, will manage all aspects of direct-to-merchant sales, operations and customer support for TSYS Merchant Solutions’ small business and national accounts portfolio.

Risk management solutions provider Verifi announced the hiring of James Byler as its vice president of global issuer sales and partnerships. Byler, a co-founder of Linkpay and former head of North America for Ogone, will work with issuers to promote the benefits and return on investment they will experience with Verifi’s Cardholder Dispute Resolution Network.

Visa Inc. has appointed Vasant M. Prabhu as executive vice president and chief financial officer. Prabhu joins Visa from NBCUniversal Media, where he served in the same role. He is responsible for Visa Inc.’s financial strategies, planning and reporting, in addition to all finance operations and investor relations.