Daniel T. Henry, American Express Co.'s acting chief financial officer, has taken on a permanent role. He also was named executive vice president.
Arcot Systems has named David E. Kaplan as chief financial officer. Before joining the e-payment and authentication-services provider, Kaplan was chief financial officer at Dragon Media Online Inc.
Everlink Payment Services Inc. has named Mark Ripplinger president and chief operating officer. Ripplinger previously was vice president of technology and chief information officer at the Canadian Payments Association.
Karen P. Sobie has joined nFinanSE Inc. as vice president of retail sales. Sobie previously was a sales director at Ingenico's Financial Systems Group.
Heartland Payment Systems Inc. has named Conan Lane as its executive director, a new position. Lane previously was vice president and chief operations manager for PNC Bank's Merchant Services division.
U.S. Bancorp has named Chad Wilkins fueling business manager for U.S. Bank Corporate Payment Systems. Wilkins joined U.S. Bank in 1992 and most recently was the Corporate Payment Systems unit's large-market manager.
NetSpend Corp. has named Adam Chibib chief financial officer and Steve Reesing senior vice president of corporate development and finance. Chibib previously was a founding partner of GrowLabs Inc., and Reesing was NetSpend's chief financial officer.
Asset Acceptance has named Rion B. Needs to the new position of chief operating officer. Needs, who will manage collections, information technology and corporate strategy, previously was senior vice president and general manager of purchasing services at American Express Co.
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Former Federal Reserve Vice Chair for Supervision Randal Quarles, who served during President Trump's first term, said members of the Fed board should be removable by the president, but that the decentralized structure of the Fed will ensure that monetary policy decisions remain sound.
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The tokenization platform provider, which has a nonbinding agreement with NYSE and is aiming for a public debut, promoted former SEC Trading and Markets Director Brett Redfearn to the role.
April 10 -
Deutsche Bank is raising the base pay of Supervisory Board Chairman Alexander Wynaendts by 21%, Wells Fargo has hired Neil Ghosh as head of chemicals investment banking, Bank of America's Alexandre Bettamio is being considered for chief executive officer of Brazilian stock and derivatives exchange B3 SA, and more in this week's banking news roundup.
April 10 -
The White House Office of Management and Budget will issue paperwork allowing the Treasury Department to disburse congressionally appropriated funds through the Community Development Financial Institutions Fund, breaking an impasse that has stalled funding for months.
April 10 -
The industry reported $275 million in losses from internet crimes last year, a 59% annual increase as losses nationwide surpassed $20 billion.
April 10 -
In a strategic shift, the Walnut Creek-based company has tapped a trio of former PacWest executives to fill its top three management positions.
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