BOCA RATON, Fla.—Digital payment processing firm Segpay welcomes payments industry veteran David Press to the board of directors of Toccata Inc., Segpay’s parent company and the parent company of its global subsidiaries.
Press brings more than four decades of payments industry experience spanning card brand compliance, acquiring, risk management and payments strategy. He spent 10 years at Mastercard and most recently served as vice president of card brand relationships and compliance at Paysafe. Today, he is founder and president of Integrity Bankcard Consultants, where he advises banks, payment companies, fintechs and other industry participants on card brand compliance, risk strategy and payments advisory matters.
“David has seen this industry from just about every angle, and that perspective is very valuable to us,” said Cathy Beardsley, CEO of Segpay. “He understands the challenges payment companies face because he’s spent his career working through them. As Segpay continues to grow globally, we’re very happy to have his experience and perspective on the board.”
During his 10 years at Mastercard, Press conducted more than 400 compliance and business reviews of acquirers, payment facilitators, processors and other payments organizations and their partners. He worked directly with organizations to identify issues, strengthen controls and meet card brand requirements. Press later joined Paysafe, where he oversaw global card brand compliance and managed key card brand relationships. He also led a team of more than 26 compliance professionals.
“I’ve spent my career working with payment companies at different stages of their growth and navigating the risk and compliance challenges that come with that growth,” Press said. “I’m looking forward to working with Cathy and the team and bringing that experience to the board as Segpay continues to expand.”
Press began his career in merchant investigations and bank risk management before starting his own consulting business. His experience across card networks, financial institutions, payment companies and consulting gives him a broad perspective on the compliance, risk and business challenges facing the payments industry.
Press joins the board as Segpay continues its global expansion, including its recent launch in Australia.
To learn more about Segpay, visit Segpay.com or contact [email protected].
Fuente: avn.com
