PHOENIX - Larry Spooner was named president of Primary Payment Systems Inc.
Organized by the automated teller machine network Star System Inc., the Primary Payment provides advance notice of potential check returns, based on account data supplied daily by participating financial institutions.
Mr. Spooner, 54, will oversee operations, development, and sales of Primary Payment's early-warning check return services.
The former senior vice president at Deluxe Data worked more recently as a consultant on the formation of Primary Payment Systems.
Ronald V. Congemi, president and chief executive officer of San Diego-based Star System, had been serving as acting president of the check notification venture.