Wednesday, June 12, 2024
21.9 C
New York

IPC appoints Kurt Adams as new CEO

  • New CEO Appointment:
    • Kurt Adams named CEO of IPC, succeeding Bob Santella after his six-year tenure.
    • Adams brings over 25 years of fintech leadership experience, including roles as CEO of Optum Financial and CEO of corporate payments for Fleetcor Technologies.
  • Previous Roles:
    • Adams has held leadership positions at Elavon Financial Services, ABN Amro, Piper Sandler, and US Bank.
  • New Board Appointments:
    • Stuart Harvey, former CEO of Elavon Global Acquiring, appointed chairman of IPC’s board of directors.
    • Michael Chin, CEO of Duco, appointed as IPC board member.
  • Ownership Change:
    • Leadership changes follow Strategic Value Partners (SVP) taking full control of IPC four months ago.
  • Comments on Transition:
    • Jonathan Waggoner, managing director at SVP, notes the timing is right for the transition to Adams, who is seen as well-suited to lead IPC’s next growth phase.

Hot this week

Banking as a Service: Meaning, Examples, Benefits and Future

The push for open banking has led to a...

What is Fintech?

Fintech: A term used to refer to innovations in...

Best fintech blogs and websites

Fintech (financial technology) has been an interesting part of...

How to buy shares online

Buying shares online in India has come a long...

Is it worth investing in life insurance over 60?

Is it worth investing in life insurance over 60? As...

U.S. Bank taps Greenlight for family-focused money management tools

U.S. Bank Partners with Greenlight to Enhance Financial Literacy...

Finseta offloads non-trading subsidiary Capital Currencies to undisclosed buyer for £150,000

Summary of Finseta's Sale of Capital Currencies:Transaction Overview:...

Peru becomes first South American country to adopt NPCI’s UPI tech

Summary of BCRP and NPCI International Partnership:Partnership Overview:...

Beobank selects Viva to power new corporate payment solutions for SMEs in Belgium

Beobank and Viva Partnership - Key Points:Partnership Objective:...

Siri and Google Assistant look to generative AI for a new lease on life

There’s a lot riding on next week’s WWDC 2024...

Centenary Bank embarks on tech overhaul with Oracle Flexcube core banking system

Centenary Bank Technology Transformation - Key Points:Bank Overview:...

Related Articles

Popular Categories