Earthport Sees Transparency As Dodd-Frank Money Transmittal Compliance Key
When it comes to meeting the demands placed upon payments companies by Dodd-Frank 1073's money transmittal regs, Earthport's solution is simple — make transparency a priority. PYMNTS.com spoke with David Koch, Earthport's vice president of business development in North America, to learn how Earthport simplifies the cross-border payments process, why transparency is so important and how the financial institutions benefit from Eathport's services.
Vice President of Business Development North America, Earthport
David Koch is Vice President of Business Development for Earthport’s business in North America. Since joining in 2011 he has been focused on cross-border payments services and solutions for banks and banks’ processors in the U.S. and Canada.
David has over 15 years’ experience in the payments industry. He started his payment career at MasterCard, holding a variety of sales and marketing roles at MasterCard over a 9 year period including managing MasterCard’s top US customer. He subsequently joined Promereo where he was part of the initial cadre bringing an innovative authorization strategy to the credit card market. Prior to Earthport, David led US business development activities for eBillme, an ecommerce payments platform where he developed partnerships with financial institutions, bill pay processors, ecommerce platforms and payments processors.
David started his career with 9 years service in the US Navy as a Naval Aviator. He is a graduate of MIT with a degree in mechanical engineering and holds a MBA from the Darden School at the University of Virginia.