Is First Data’s TransArmor the Ultimate Weapon in the Fight Against Fraud?

With consumer awareness rising and payments taking on new forms, merchants are searching for a reliable security solution. First Data’s TransArmor solution, with over 100,000 merchants on board, has the simplicity, security and satisfaction merchants seek in the ever-changing payments landscape. Division Manager, Payment Acceptance at First Data, Bruce Dragt joins Karen Webster to discuss consumer payments and the necessary actions to manage associated risks.

Related: The First Data TransArmor Solution: Tokenization Unlocks New Revenue

   

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Bruce Dragt, Division Manager, Payment Acceptance

Bruce Dragt is senior vice president and division manager of Payment Acceptance at First Data Corporation and is responsible for driving product development globally across the company’s suite of merchant products. These products include core acquiring, eCommerce, International Currency Solutions, Leasing, TASQ, TeleCheck and security products.

With a history in innovation, Dragt has played an influential role in developing new electronic payment solutions and bringing them to market. He has held roles in many facets of the payment lifecycle from card issuing to traditional merchant processing to alternative payments and mobile commerce.

Prior to joining First Data, Dragt worked for i2 Technologies and Financial Settlement Matrix as vice president of product management, where he created payment solutions associated with business-to-business transactions originated through electronic exchanges. In addition, he has worked at Wells Fargo Bank and held roles in the Business Direct Division and the Wholesale Internet Services Group.