Tech bytes: Payment Solutions Puts Visa Execs on Board

DALLAS - The Payment Solutions Network Inc., a provider of electronic check presentment services, has added two Visa executives to its board of directors and one to its executive committee.

William Chenevich, group executive vice president of Visa International, was elected to both the board and the executive committee.

Bill Stewart, executive vice president of finance and operations at Visa U.S.A., was elected to the board.

"We're pleased to have Visa's representatives on the board," said Sydney Smith Hicks, chairman of the network and a senior vice president at NationsBank Corp.

"Visa's leadership in global payment services will be appreciated," he said, "as we carry out the expansion plans that Visa's investment made possible."

In addition to the Visa executives, P.M. Elvir, executive vice president of Banc One Services Corp., was elected vice chairman of the network's board and appointed to the executive committee.

The network was formed in 1993 by seven banking companies and J.D. Carreker and Associates Inc.

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