CashFlows Revamps its Management Team with Three New Appointments

Amidst a flurry of regulatory attention zeroing in on the e-Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term sector, CashFlows, a provider of merchant payment solutions, today announced a series of three new appointments across its senior management team.

The list of new hires includes a financial services veteran, Martin Belsham, who has joined as Chairman of CashFlows’ board of directors. He joins the company from one of the leading UK providers of spread betting and CFD trading, City Index, having served as the Chief Executive Officer. Mr. Belsham’s career encompasses other senior roles including founder and CEO of online betting and gaming company Blue Square.

Appointed as Chief Commercial Officer, Jonathan Bennett will be tasked with developing product, sales, and marketing. During his long tenure in the financial services sector, he served in a number of senior roles, including most recently as Chief Commercial Officer at Kalixa Payments Group.

Meanwhile, Thomas Gregory will join the company in the capacity of Chief Operating Officer, where he will be focused on operations, compliance and risk, strategy, and corporate development. Earlier in his career, he held various roles at PayU, Barclaycard, Barclays, and FirstCaribbean Bank. Most recently, Gregory served as COO at Skrill helping to lead the company in its successful acquisition by Paysafe Group.

Over £1.7bn of transactions

Announcing the appointments, Neil Graham, CEO at CashFlows, said: “We are thrilled to have Martin, Jonathan, and Thomas on board. Between them, they bring a wealth of industry knowledge and experienced leadership to the company. They have proven track records in delivering significant growth within fast-growing Fintech Fintech Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Read this Term companies, and have each held board positions with blue chip financial services organisations around the world.”

“These appointments demonstrate CashFlows’ ongoing commitment to delivering best in class solutions for its customers, focused on maximising their payment success,” he added.

Founded in 2003, CashFlows is a principal member of Visa and MasterCard, allowing them to provide merchant accounts to accept credit and debit card payments. According to their statistics, the company has processed over £1.7 billion of transactional value in the last 12 months, up nearly 43 percent compared with the previous year.