The Payments Processing Information Sharing Council, which was formed this year to exchange information about fraud, threats and risk-mitigation practices, has created a volunteer steering committee.

Robert O. Carr, the chairman and chief executive of Heartland Payment Systems Inc., was named Monday as the council's chairman. The vice chairman is Rick Van Luvender, the director of the InfoSec Incident Response Center unit of First Data Corp.

(First Data is a unit of the private-equity firm Kohlberg Kravis Roberts & Co.)

The committee is expected to set strategic goals for the council. The group is an offshoot of the Financial Services Information Sharing and Analysis Center, a trade group that helps the public and private sectors share information about transaction-data security threats.