Mobile Commerce

Hyperwallet Brings On Three New Executives

Hyperwallet, the payments provider focused on independent workers, said Tuesday (Aug. 11) that it has added three executives to its roster.

The company said in a press release that it has a new Chief Operating Officer, Lynda Talgo. Formerly of Hewlett-Packard, Talgo had been with eBay since 2005 and served as that company’s vice president of global managed marketplaces. As COO of Hyperwallet, the company said she will oversee day-to-day operations spanning human resources, information technology and product development.

Drew Weinstein comes onboard as the company’s Chief Growth Officer, a role in which the former practicing attorney will oversee corporate development and strategy. Weinstein, according to the release, led a product development consultancy that was in turn sponsored by Visa, and went on to serve as founder and chief executive officer of Sequent Software, billed as a secure mobile commerce platform. In addition, his experience spans investing in, and advising, enterprises within the financial technology space.

Finally, David Herron will join Hyperwallet as Chief Legal Officer. Through a two decade legal career, Herron had served the past dozen years with payments processor Vantiv. At Vantiv, Herron was senior vice president and chief legal counsel at the company, helping shepherd the spinoff from its parent company, its initial public offering and several acquisitions. Herron, according to the release, will be responsible for legal matters such as compliance and risk management.

“We’re delighted to be adding Lynda, Drew, and David to our executive team,” said Hyperwallet CEO Brent Warrington in the statement. “Hyperwallet is growing at a staggering pace. As we bolster our operations, we’ll continue to bring on talented and experienced people who can meet the challenges of our rapid expansion.”

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New PYMNTS Report: Preventing Financial Crimes Playbook – July 2020 

Call it the great tug-of-war. Fraudsters are teaming up to form elaborate rings that work in sync to launch account takeovers. Chris Tremont, EVP at Radius Bank, tells PYMNTS that financial institutions (FIs) can beat such highly organized fraudsters at their own game. In the July 2020 Preventing Financial Crimes Playbook, Tremont lays out how.

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