Fiserv, a global provider of financial services technology solutions, has upgraded its board of directors with the addition of Harry F. DiSimone.
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Mr. DiSimone began his career with JP Morgan Chase in 1976, working through the promotional ladder, before eventually becoming executive vice president.
He remained with the bank for 32 years until 2008, when he founded his own firm, Commerce Advisors Inc, which offers financial consulting. Mr. DiSimone has been serving as the company’s president since its establishment.
In addition to his executive role at Commerce Advisors, Mr. DiSimone has been serving as Managing Director of Encore Financial Partners since 2009.
Mr. DiSimone has also served on the boards of other companies throughout his career. According to his LinkedIn profile, he has been on the board of iovation since 2008, coinciding with the time he left JP Morgan Chase.
Other companies on whose boards he has sat are Oak Street Funding, Clear Balance, and Merchant Capital Access.
Glenn M. Renwick, Chairman of the Board of Directors, said: “Harry brings extensive knowledge and experience in banking, 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 commonly the basis of exchange involves fiat currency or legal tender, be it in the form of cash, credit or bank transfers, debit, or checks. While typically associated with cash transfers, payments can also be made in anything of perceived value, be it stock or bartering – though this is far more limited today than it has been in the past.The Largest Players in the Payments IndustryFor most individuals, the payments industry is dominated currently by card companies such as Visa or Mastercard, which facilitate the use of credit or debit expenditures. More recently, this industry has seen the rise of Peer-to-Peer (P2P) payments services, which have gained tremendous traction in Europe, the United States, and Asia, among other continents.One of the biggest parameters for payments is timing, which looms as a crucial element for execution. By this metric, consumer demand incentivizes technology that prioritizes the fastest payment execution.This can help explain the preference for debit and credit payments overtaking check or money orders, which in previous decades were much more commonly utilized. A multi-billion-dollar industry, the payments space has seen some of the most innovation and advances in recent years as companies look to push contactless technology with faster execution times.
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 commonly the basis of exchange involves fiat currency or legal tender, be it in the form of cash, credit or bank transfers, debit, or checks. While typically associated with cash transfers, payments can also be made in anything of perceived value, be it stock or bartering – though this is far more limited today than it has been in the past.The Largest Players in the Payments IndustryFor most individuals, the payments industry is dominated currently by card companies such as Visa or Mastercard, which facilitate the use of credit or debit expenditures. More recently, this industry has seen the rise of Peer-to-Peer (P2P) payments services, which have gained tremendous traction in Europe, the United States, and Asia, among other continents.One of the biggest parameters for payments is timing, which looms as a crucial element for execution. By this metric, consumer demand incentivizes technology that prioritizes the fastest payment execution.This can help explain the preference for debit and credit payments overtaking check or money orders, which in previous decades were much more commonly utilized. A multi-billion-dollar industry, the payments space has seen some of the most innovation and advances in recent years as companies look to push contactless technology with faster execution times.
Read this Term and financial services, which will serve our company and its shareholders well.”
Fiserv Looks toward Expansion
Fiserv has certainly upgraded its board with the appointment. The company has remained active in its quest for innovation and operational expansion.
In an effort to increase its product offering, Fiserv acquired payment solutions provider Dovetail Group Ltd in August of last year.
Moreover, Fiserv’s AML Risk Manager solution has been a popular choice for many of its partners. Fiserv has been able to successfully reach various companies to offer the product, including Dutch payment provider Buckaroo, and more recently UAE-based Lulu Exchange. Both companies adopted the solution last year.
Fiserv, a global provider of financial services technology solutions, has upgraded its board of directors with the addition of Harry F. DiSimone.
Discover credible partners and premium clients at China’s leading finance event!
Mr. DiSimone began his career with JP Morgan Chase in 1976, working through the promotional ladder, before eventually becoming executive vice president.
He remained with the bank for 32 years until 2008, when he founded his own firm, Commerce Advisors Inc, which offers financial consulting. Mr. DiSimone has been serving as the company’s president since its establishment.
In addition to his executive role at Commerce Advisors, Mr. DiSimone has been serving as Managing Director of Encore Financial Partners since 2009.
Mr. DiSimone has also served on the boards of other companies throughout his career. According to his LinkedIn profile, he has been on the board of iovation since 2008, coinciding with the time he left JP Morgan Chase.
Other companies on whose boards he has sat are Oak Street Funding, Clear Balance, and Merchant Capital Access.
Glenn M. Renwick, Chairman of the Board of Directors, said: “Harry brings extensive knowledge and experience in banking, 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 commonly the basis of exchange involves fiat currency or legal tender, be it in the form of cash, credit or bank transfers, debit, or checks. While typically associated with cash transfers, payments can also be made in anything of perceived value, be it stock or bartering – though this is far more limited today than it has been in the past.The Largest Players in the Payments IndustryFor most individuals, the payments industry is dominated currently by card companies such as Visa or Mastercard, which facilitate the use of credit or debit expenditures. More recently, this industry has seen the rise of Peer-to-Peer (P2P) payments services, which have gained tremendous traction in Europe, the United States, and Asia, among other continents.One of the biggest parameters for payments is timing, which looms as a crucial element for execution. By this metric, consumer demand incentivizes technology that prioritizes the fastest payment execution.This can help explain the preference for debit and credit payments overtaking check or money orders, which in previous decades were much more commonly utilized. A multi-billion-dollar industry, the payments space has seen some of the most innovation and advances in recent years as companies look to push contactless technology with faster execution times.
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 commonly the basis of exchange involves fiat currency or legal tender, be it in the form of cash, credit or bank transfers, debit, or checks. While typically associated with cash transfers, payments can also be made in anything of perceived value, be it stock or bartering – though this is far more limited today than it has been in the past.The Largest Players in the Payments IndustryFor most individuals, the payments industry is dominated currently by card companies such as Visa or Mastercard, which facilitate the use of credit or debit expenditures. More recently, this industry has seen the rise of Peer-to-Peer (P2P) payments services, which have gained tremendous traction in Europe, the United States, and Asia, among other continents.One of the biggest parameters for payments is timing, which looms as a crucial element for execution. By this metric, consumer demand incentivizes technology that prioritizes the fastest payment execution.This can help explain the preference for debit and credit payments overtaking check or money orders, which in previous decades were much more commonly utilized. A multi-billion-dollar industry, the payments space has seen some of the most innovation and advances in recent years as companies look to push contactless technology with faster execution times.
Read this Term and financial services, which will serve our company and its shareholders well.”
Fiserv Looks toward Expansion
Fiserv has certainly upgraded its board with the appointment. The company has remained active in its quest for innovation and operational expansion.
In an effort to increase its product offering, Fiserv acquired payment solutions provider Dovetail Group Ltd in August of last year.
Moreover, Fiserv’s AML Risk Manager solution has been a popular choice for many of its partners. Fiserv has been able to successfully reach various companies to offer the product, including Dutch payment provider Buckaroo, and more recently UAE-based Lulu Exchange. Both companies adopted the solution last year.
