Smart Bits: CoreStates Merchant Exec Takes Post at Gemplus

Gemplus Corp. has hired Scott W. Rau from CoreStates Financial Corp. as vice president, financial transactions business division, North America.

He will develop French-owned Gemplus' strategy for financial institution business relationships, including partnerships between the card manufacturer and payment associations and credit card processors; products and services delivered through these channels; and field marketing and sales support.

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