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ON THE MOVE
On the move
technology provider Ripple has appointed Marcus Treacher as Global Head of Strategic Accounts. He joins from HSBC where he served as Global Head of Payments Innovation and set up a team focused on applying emerging FinTech to solve customer challenges in digital payments, trade and supply chain. Projects under his leadership included driving the adoption of blockchain and distributed ledger technologies.
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Prior to that Treacher served as HSBC’s Global Head of eCommerce for Transaction Banking, where he led the establishment of corporate and commercial digital offerings covering internet, mobile, and SWIFT services. Treacher has also held leadership positions at Citigroup and Accenture, and he chaired SWIFT’s global advisory body for corporates from 2010 to 2016, and most recently launched an innovation centre in collaboration with the Monetary Authority of Singapore.
“Since the early days of the web, I’ve been exploring how new technology can impact and improve banking,” Treacher says. “Ripple stood out to me as a company that has both the vision and the expertise to truly transform the future of banking and payments, and I’m excited to join the team during this important moment in time where banks are starting to see the need for these advancements to better serve their customers.”
istributed ledger
Cheryl Nash, President, Investment Services, Fiserv, has been appointed to the advisory board of Envestnet Institute On Campus (EIOC) and named executive leader for its new ‘Women in Wealth Management’ initiative. The result of collaboration between Envestnet, Fiserv, the Money Management Institute (MMI) and Wheelhouse Analytics, this is designed to attract college-age women to wealth management careers in order to increase gender diversity in the industry.
“Increasing student awareness of the opportunities in wealth management and preparing them with industry insights will help accelerate their career choices and development, as well as help firms to attract and retain next-generation talent,” comments Craig Pfeiffer, advisory board member of EIOC and President and CEO of the Money Management Institute. “Cheryl’s leadership and the momentum generated by the EIOC Advisory Board will help improve the industry’s longstanding diversity challenges. The addition of Fiserv is a positive development for the future of our programme, and Cheryl’s passion and energy will have a measurable impact.”
First Midwest Bank has hired Jo Ann Boylan as Executive Vice President, Chief Information and Operations Officer. She will be responsible for overseeing information technology, deposit and loan operations, facilities
and project management at the US bank, and replaces Kent S. Belasco, who has retired after 30 years of service.
Mark G. Sander, President of First Midwest Bank, says: “I am confident that Jo Ann’s extensive background in information technology and systems, as well as general bank operations, will be a great benefit to us as we continue to grow and provide the leading, high quality products and services our clients expect from First Midwest.”
Boylan was previously at MB Financial Bank as Chief Technology Officer. Her CV also includes spells at AmTrust Bank (acquired by New York Community Bank) and KeyCorp.
Ixaris is separating its payments technology arm, Ixaris Technologies, to support its open payments platform offering, with its sister company EntroPay continuing to focus on the self-service consumer and small- business virtual card business.
Alex Mifsud, CEO of Ixaris Group, comments: “Our B2B payment offering now accounts for 25% of Ixaris Group revenues, which exceeded $16 million in 2015. We have launched Ixaris Technologies as a distinct company and received $6 million in launch funding from existing shareholders to accelerate growth in 2016. We will continue to seek further fundraising from strategic investors later this year.”
www.ibsintelligence.com © IBS Intelligence 2016
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