Monday 28 January 2013

Card and Payments: Fraud Prevention Manager Card Issuiing - needed

Card and Payments: Fraud Prevention Manager Card Issuiing - needed: Mostyn Chase, a leading recruiter in ...

Fraud Prevention Manager Card Issuiing - needed

Mostyn Chase, a leading recruiter in the card and payment industry are looking for a Fraud Prevention Manager with card issuing experience on behalf of their client and have advertised this position on
"A Fraud Prevention Manager with card issuing experience is urgently required by a leading financial services organisation in London.
The purpose of this role is to help customers reduce fraud levels, improve customer experience and reduce operational costs associated with fraud. This is achieved through sharing fraud prevention best practice, tools and techniques available to mitigate losses.
As a Fraud Prevention Manager you will ideally have proven experience gained in Fraud Operations / Fraud Detection and managerial experience. It is essential that you come from a card issuing environment.
Essential Criteria
·         Proven fraud management experience; gained through working at an issuing member bank.
·         Demonstrated knowledge of issuer and acquirer best practices in relation to operational procedures, including: cardholder and merchant acquisition, cardholder and merchant application under-writing, card production and dispatch, cardholder and merchant activity monitoring, fraud detection methods, fraud prevention practices, account maintenance, collection and recovery procedures.
·         Understanding card fraud risks and knowledge and ability to determine and describe related mitigations.
·         Proven communication skills, particularly strong written skills, are absolutely essential.
·         Strong analytical and problem solving skills.
·         Experience of presenting to internal management and external parties at both a junior and senior level.
·         Demonstrate teamwork, flexibility, commitment and the desire to achieve superior levels of productivity and quality."
To view and apply for this exciting role,please go to: for the latest jobs in the card and payment industry


Friday 25 January 2013

Marketing Director needed must have payment expertise

Global Payments Network is looking for an interim Marketing Director with payment industry expertise.

"Our client is a very well known global payments brand, with exciting growth plans for the future. To facilitate this growth, they are seeking an interim Marketing Director to join their dynamic team.

You must have the following experience, preferably gained within an e-commerce / payments / merchant services environment:

• Proven people leadership, development and team management skills 
• Thorough understanding of marketing and managing the marketing mix 
• Understanding of the global payments & alternative market for e-commerce merchants 
• Proven ability to communicate with senior executives 
• Track record of influencing at a high level to achieve strategic objectives 
• Understanding of how to use PR to achieve business goals 
• Budget management 
• Project management
• Experience in utilising the social media to delver results"

To apply for this exciting opportunity go to

For other opportunities in the card and payment industry go to

Thursday 24 January 2013 partners with Merchant Payments Ecosystems is delighted to announce a Media Partnership with Merchant Payments Ecosystem taking place in Berlin on February 12-14

Merchant Payments Ecosystem 2013, February 12-14, Berlin
The event features important industry discussions, strategic announcements, inspiring innovations, top class networking and prestigious MPE Awards.

These are also the reasons that attract 400+ senior level executives from acquirers, PSPs, schemes, processors, MNOs, regulators and 3rd party solution providers to visit MPE 2013 in Berlin.

MPE as a wider umbrella is based on 4 strategic topical pillars:
Card Acquiring and Rich Merchant Services
eCommerce Payments Acceptance
Mobile Payments Acceptance
Interaction Beyond Payments - NEW in 2013

For more information, please visit

Will you be going ?

For the latest jobs in the card and payment industry, go to

Thursday 17 January 2013

EBay's fourth quarter results gives retail stores a thrashing

Hot on the heels of the news that HMV and Jessops are disappearing from the high street and with Marks & Spencer still reeling from their disastrous performance in the run up to the Christmas period, EBay has announced its fourth quarter results which beat analysts' forecasts, boosted by a dramatic rise in the use of mobile phones to access its online auction house and PayPal service.
Revenue for the fourth quarter was up 18% to $4 billion, and for the full year increased 21% to $14.1 billion. Net income on a Gaap basis was $751 million for the quarter and $2.6 billion for the year.

John Donahoe, CEO, eBay, says the results are down in large part to the rise of mobile, which "continues to rewrite the commerce playbook".

PayPal is using mobile as a way of bridging the gap between its traditional online domain and the high-street. The company has signed up 23 large US retailers to its technology, meaning that they can accept payment by PayPal at the check-out. The company also affirms that its deal with Discover to issue PayPal cards over the card processor's seven-million strong retailer network is firmly on track.

The unit smashed predictions to process $14 billion in mobile payments for customers last year, 250% more than in 2011. EBay's mobile service saw $13 billion in volume, more than double the previous year. For 2013, both businesses are forecasting volumes of $20 billion.

The figures are in accordance with the results of the IMRG Capgemini e-Retail Sales Index, which show that UK sales through mobile devices (including tablets) were up 304% on 2011. Overall, the online retail market grew by 14% in 2012 to £78 billion and is expected to increase another 12% this year, to £87 billion.
For the latest jobs in the Card and Payment industry, go to

Monday 14 January 2013

Movers and Shakers in card and payment industry w/c Jamuary 14th 2013


  • Diderik Bruggink is appointed BD Northern Europe SafetyPay Europe

  • Edward Ho COO named COO of Fundtech

Transaction banking vendor Fundtech has appointed Misys veteran Edward Ho as president and COO.
Ho is replacing Michael Sgroe who is leaving after twelve years. Ho will also join the board and be responsible for global operations and will report to CEO Reuven BenMenachem.

Ho had previously been at Misys for nine years , where he acted as EVP and general manager of the capital markets division.

BenMenachem commented: "His proven leadership building global technology companies, and driving operational excellence, will be a welcome addition to our leadership team as we position ourselves to achieve Fundtech's strategic business and growth objectives over both the short- and long-term."

  • Jacob Koch becomes Treasury Manager, Corporate Finance, for Nets Denmark A/S

  • Rani Gu will lead HSBC's payments business in China

HSBC's Global Payments and Cash Management (PCM) business will be lead by Rani Gu.
Based in Shanghai, Rani will report locally to Kee Joo Wong, Head of PCM in China.
In her role, Rani will have responsibility for the delivery of Cash Management solutions and services to international financial institutions in China, thereby driving an integral part of HSBC's growth strategy.
John Laurens, Head of Global Payments and Cash Management, Asia Pacific, stated, "China is a major and strategically important market for HSBC. Our business with Bank and Non-Bank Financial Institutions sectors has grown particularly strongly over the last few years, with overseas institutional clients entering the Chinese market, and Chinese clients expanding internationally. In leading our institutional cash management business in China, Rani will her bring extensive local market knowledge and experience in structuring domestic and cross-border RMB solutions for clients. We are therefore delighted to have Rani rejoin HSBC and reinforce our position as the leading international bank in China."

Citi CEO appoints new management team 

Citi Chief Executive Officer Michael Corbat announced the roles and responsibilities of the members of his management team and appointed Jamie Forese and Manuel Medina-Mora as Co-Presidents of Citi.
Mr. Forese will be responsible for all of Citi's Institutional businesses, and Mr. Medina-Mora will continue to oversee Global Consumer Banking and Citi's franchise in Mexico. The Operations & Technology functions supporting the Institutional and Consumer businesses will now directly report to Mr. Forese and Mr. Medina-Mora, respectively, to align the functions better with the priorities of ach business and improve efficiency.
Mr. Corbat also announced that Jim Cowles will become Chief Executive Officer of Citi's Europe, Middle East and Africa (EMEA) region. Brian Leach has been appointed Head of Franchise Risk and Strategy and will be responsible for Citi's Audit, Compliance, Corporate Policy and Strategy functions in addition to Risk Management. Brad Hu, currently Head of Risk for the Asia Pacific region, will become Citi's Chief Risk Officer and will report to Mr. Leach.
Mr. Corbat said: "Citi is fortunate to have very strong leaders with the skills and experience I will rely on as we navigate the challenges and opportunities ahead. While the responsibilities of some members of my team are changing, this leadership team and management structure will ensure continuity as we carry out our goals of achieving operational excellence and delivering results to our clients and stakeholders.
"Jamie and Manuel have both spent their entire careers at Citi and its predecessor companies, and they exemplify the best of Citi. Since joining Citi five years ago, Brian has demonstrated his superior risk management abilities during one of the most challenging environments this company has encountered. And Jim is a Citi veteran who has spent much of his career in the region and has demonstrated his leadership abilities in a variety of senior positions," Mr. Corbat concluded. would like to wish all the new jobholders every success in their new roles. If you are interested in jobs in the Card and Payment Industry, go to

Latest hot jobs include:

Just click on the job to view and apply. for the latest card and payment industry jobs. 

Friday 11 January 2013

Amex cuts 5400 jobs globally

American Express has detailed plans to cut over 5000 jobs, predominantly within the giant's travel business. This is mainly as a result of cost cutting and restructuring in order to deal with a "digital revolution".
Amex says that some of the losses will be offset, meaning that staffing levels will be between four per cent and six per cent down on the current total of 63,500 at the end of the year .

The global business travel unit will take the brunt of the losses as Amex seeks to respond to an environment in which customers increasingly use online channels and automated servicing tools.

The digitisation of services is also cited as a reason to continue the "reconfiguration of cardmember servicing and collections as we drive efficiency through our global scale and as more customers use online and mobile channels instead of paper and telephone".

Job losses will cut across all levels of seniority, businesses and staff groups and be spread proportionally between the US and international markets.

Amex stated that the move will cost around $287 million after tax in a fourth quarter restructuring charge.
In addition, the firm will take another $307 million after tax hit thanks to US cardholders redeeming rewards and various customer reimbursements.

After these charges, net income for the quarter was $637 million, or $0.56 per share, compared to $1.2 billion, or $1.01 per share the previous year, Fourth quarter consolidated total revenues net of interest expense were $8.1 billion, up five per cent from $7.7 billion a year ago.

Kenneth Chenault, chairman and CEO, Amex, says: "Against the backdrop of an uneven economic recovery, these restructuring initiatives are designed to make American Express more nimble, more efficient and more effective in using our resources to drive growth."
For the latest jobs in the card and payment industry, go to

Thursday 10 January 2013

Enterprising companies resort to video for recruitment egde

An increasing number of companies are using video to engage and attract top candidates to their talent pool. Barclays produced this video as a way of enticing top talent
What do you think ?
For the latest jobs in the card and payment industry, go to

Networking Evening - Banking Fraud Conference 2013 is pleased to be able to inform our followers of a Networking Evening - Banking Fraud Conference 2013 taking place in London on March 26th. For more details on the event and how to register, read on:                         

Grange Hotel - Tower Bridge, 45 Prescot Street London E1 8GP

6pm to 9pm Tuesday 26th March 2013 - £36 per head

Join us for the networking evening at the Fraud Conference - banking and payments.

This offers a great chance to meet up with industry contacts, delegates, speakers, sponsors and exhibitors at this year's conference.

The networking evening will feature:

* Canap├ęs and drinks
* Networking with international audience, fraud, cards and payments experts
* Conference speakers, exhibitors and sponsors
* High quality venue in City of London

If you can't make the full two days for the conference or three including the training seminar, you can meet the attendees and make useful contacts in this networking evening. Tickets cost just £36 inc VAT and booking is via the organiser at:


 “Strategic decisions for fraud and risk management.”

The Fraud Conference 2013 takes place in London on Tuesday 26th and Wednesday 27th March 2013.

Over the last few years, this conference has grown as an event and its agenda has examined the key trends and fraud and risk issues influencing card fraud and mobile commerce. It’s looked at the new channels and products and we’ve challenged the orthodox ways of measuring and managing fraud risk. Conference attendees have heard about new challenges, opportunities and new solutions.

For full details of the conference and the training workshop on the preceding Monday, the agenda and speaker profiles go to:


Conference organised by: DT Conferences & Events Ltd