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Former Marqeta SVP Jeff Parker joins Paymentology as new CEO | Fintech InShorts: Latest fintech news, analysis by experts
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Former Marqeta SVP Jeff Parker joins Paymentology as new CEO
BankingBusinessFinTech
Less than 1 min.Read

Former Marqeta SVP Jeff Parker joins Paymentology as new CEO

Laura M
By Laura M
  • Jeff Parker appointed CEO:
    • UK-based Paymentology announces Jeff Parker as the new CEO.
    • Parker joins with immediate effect from Marqeta, where he was SVP and managing director.
  • Succession from interim co-CEOs:
    • Parker succeeds interim co-CEOs Abe Smith and Angy Watson.
    • Smith and Watson led the company during the seven-month search for a permanent CEO.
  • Parker’s background and experience:
    • Parker brings over 20 years of international payments experience.
    • Previous roles include CEO of World First and leadership positions at JP Morgan, Accenture, Macquarie Bank, and OFX.
  • Brewer’s endorsement:
    • Former CEO Roman Brewer, now Chairman, describes Parker as a “perfect fit.”
    • Brewer highlights Parker’s wealth of international payments experience from prominent global organizations.
  • Parker’s focus as CEO:
    • Parker aims to build Paymentology’s global position as the preferred neo-processor for fintechs, telcos, corporates, and challenger banks.
  • Company partnerships and expansions:
    • Earlier this year, Paymentology partnered with Mexican banking fintech Fondeadora to expand payment services in Mexico.
    • Sharia-compliant cross-border bank Nomo selected Paymentology for virtual card issuing and enhancing transaction processing and payment analytics processes.

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