Margaret Weichert is a Managing Director at Market Platform Dynamics. Margaret is an experienced payments industry executive with a proven track record of commercializing new technologies in small start-ups, and large multi-national corporations. An acknowledged leader and innovator in payments and financial technology, Margaret has received seven US patents and is an inventor on many additional pending patents. An entrepreneur who has started two of her own companies and sold one to First Data, Margaret has also proven experience commercializing game-changing technologies, including a range of mobile banking and eCommerce capabilities, unique commercial cash management solutions, Internet Check and Checks by Phone solutions, fraud and risk management solutions, new point of sale technologies and many other payments, risk management and financial services solutions.
Prior to joining Market Platform Dynamics, Margaret was the SVP, Global Product Marketing at First Data, responsible for marketing all Retail and Alliance Services products, including merchant credit and debit card acceptance, terminals, eCommerce solutions, prepaid, TeleCheck, mobile and a range of other services. In this role Margaret was also responsible for channel strategy, innovation and sales operations. Margaret also served as the Payments Strategy and Innovation Executive at Bank of America, where she led the enterprise in developing and implementing breakthrough, global innovations that leveraged the Bank’s payment assets. Specific innovations included mobile banking, cash management, credit card, debit card and Check 21 solutions. In addition, while at Bank of America, Margaret led the global strategy, innovation, and business development activities for eCommerce, ATM and Mobile, including market-defining partnerships with Apple, RIM, Checkfree, Yodlee, and others. Margaret’s professional career also includes leadership positions at Accenture, and The MorganWeichert Group.
Throughout her career, Margaret has played a key role in defining and implementing new product development processes, and has used these processes to successfully develop and commercialize game-changing innovations that have driven hundreds of millions of dollars in incremental shareholder value. Margaret’s experience as an industry executive and as a consultant has given her exposure to a wide range of companies, business models and geographic regions, that give her a truly unique, and global perspective on payments innovation.
Margaret holds a B.S, Magna Cum Laude from Georgetown University School of Foreign Service, where she focused on International Politics and Economics. Margaret received a Postgraduate Diploma in Economics (with Distinction) from the University of Sussex in England, and a M.B.A. in Finance from the University of California at Berkeley. Margaret is a member of the Phi Beta Kappa and Beta Gamma Sigma Academic Honor Societies. In addition, Margaret is proficient in Spanish and has a working knowledge of French and German.