Paysend announced that it has elevated Jairo Riveros to the position of Managing Director of the US and LatAm, effective 1st January 2022.
According to a press release shared with Finance Magnates, Jairo Riveros, a senior executive with more than twenty-five years in the Financial Industry, has been promoted by Paysend, the card-to-card pioneer and international payments platform, to the position of Managing Director of the US and LatAm.
Riveros will be in charge of defining and implementing its business strategy across the US and LatAm. Also, he will develop a world-class
Fintech
Fintech
Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to supply a technological service that not only simplifies but also aids consumers, business operators, and networks.This is done by optimizing business processes and financial operations through the implementation of specialized software, algorithms, and automated computing processes. Transitioning from the roots of the financial sector, fintech providers can be found through a multitude of industries such as retail banking, education, cryptocurrencies, insurance, nonprofit, and more. While fintechs cover a vast array of business sectors, it can be broken down into four classifications which are as followed: Business-to-business for banks, Business-to-business for banking business clients, business-to-consumers for small businesses, and consumers. More recently, fintechs presence has become increasingly apparent within the trading sector, primarily for cryptocurrencies and blockchain technology.The creation and use of Bitcoin can also be contributed to innovations brought upon by fintechs while smart contracts through blockchain technology have simplified and automated contracts between buyers and sellers. As a whole, fintechs applications are growing more diverse with a consumer-centric focus while its applications continue to innovate the trading and cryptocurrency sectors through automated technologies and business practices.
Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to supply a technological service that not only simplifies but also aids consumers, business operators, and networks.This is done by optimizing business processes and financial operations through the implementation of specialized software, algorithms, and automated computing processes. Transitioning from the roots of the financial sector, fintech providers can be found through a multitude of industries such as retail banking, education, cryptocurrencies, insurance, nonprofit, and more. While fintechs cover a vast array of business sectors, it can be broken down into four classifications which are as followed: Business-to-business for banks, Business-to-business for banking business clients, business-to-consumers for small businesses, and consumers. More recently, fintechs presence has become increasingly apparent within the trading sector, primarily for cryptocurrencies and blockchain technology.The creation and use of Bitcoin can also be contributed to innovations brought upon by fintechs while smart contracts through blockchain technology have simplified and automated contracts between buyers and sellers. As a whole, fintechs applications are growing more diverse with a consumer-centric focus while its applications continue to innovate the trading and cryptocurrency sectors through automated technologies and business practices.
Read this Term team in addition to securing further regulatory approvals, licences and partnership deals across the Americas.
Since September 2020, Paysend has ensured an active presence in the US. It assists US residents by making certain funds are sent to more than 100 countries securely, without the need to visit a physical location.
At this time, Riveros holds the title of the Head of the Office of Strategy Management at Paysend. Earlier on, he worked for Artemis Worldwide, a C-suite consulting firm, serving financial clients. Another role he took on was Director in Monitor, Deloitte’s Financial Services Strategy practice. Before this, Riveros was the Head of Strategy for AIMCo in 2013 where he spent two years. TIAA benefitted from his experience as Managing Director of Head of Strategic Planning. Also, he became the Head of Market Models and Business Strategies for Mastercard Worldwide and MasterCard Advisors from 2006 to 2009.
The Americas Is a Highly Important and Strategic Region
Commenting on the announcement Ronnie Millar, the CEO at Paysend, said: “We’re hugely excited to have Jairo move into this role leading our Americas and Latin America business. The Americas is a highly important and strategic region for Paysend and Jairo’s proven track record in building networks, and relationships in North and South America will be invaluable as we look to grow our footprint in these crucial markets. He is a highly respected and well-liked member of our executive team and he’ll thrive in this new role.”
“I’m thrilled to be starting this new role in a major growth region for Paysend. The US is home to the largest global transfer market in the world and the opportunities in Latin America are undeniable. Paysend is a company with a strong track record of success as well as a state-of-the-art
payments
Payments
One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonly the basis of exchange involves fiat currency or legal tender, be it in the form of cash, credit or bank transfers, debit, or checks. While typically associated with cash transfers, payments can also be made in anything of perceived value, be it stock or bartering – though this is far more limited today than it has been in the past.The Largest Players in the Payments IndustryFor most individuals, the payments industry is dominated currently by card companies such as Visa or Mastercard, which facilitate the use of credit or debit expenditures. More recently, this industry has seen the rise of Peer-to-Peer (P2P) payments services, which have gained tremendous traction in Europe, the United States, and Asia, among other continents.One of the biggest parameters for payments is timing, which looms as a crucial element for execution. By this metric, consumer demand incentivizes technology that prioritizes the fastest payment execution.This can help explain the preference for debit and credit payments overtaking check or money orders, which in previous decades were much more commonly utilized. A multi-billion-dollar industry, the payments space has seen some of the most innovation and advances in recent years as companies look to push contactless technology with faster execution times.
One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonly the basis of exchange involves fiat currency or legal tender, be it in the form of cash, credit or bank transfers, debit, or checks. While typically associated with cash transfers, payments can also be made in anything of perceived value, be it stock or bartering – though this is far more limited today than it has been in the past.The Largest Players in the Payments IndustryFor most individuals, the payments industry is dominated currently by card companies such as Visa or Mastercard, which facilitate the use of credit or debit expenditures. More recently, this industry has seen the rise of Peer-to-Peer (P2P) payments services, which have gained tremendous traction in Europe, the United States, and Asia, among other continents.One of the biggest parameters for payments is timing, which looms as a crucial element for execution. By this metric, consumer demand incentivizes technology that prioritizes the fastest payment execution.This can help explain the preference for debit and credit payments overtaking check or money orders, which in previous decades were much more commonly utilized. A multi-billion-dollar industry, the payments space has seen some of the most innovation and advances in recent years as companies look to push contactless technology with faster execution times.
Read this Term technology platform, and I look forward to helping the company grow its network and customer base in the coming months,” Riveros said.
In other related new Paysend recently announced its growth to five million customers in under five years. This number includes the one and a half million clients that joined in the last six months. Also, in May 2021, it succceeded in raising $125 million in a Series B investment round.
Paysend announced that it has elevated Jairo Riveros to the position of Managing Director of the US and LatAm, effective 1st January 2022.
According to a press release shared with Finance Magnates, Jairo Riveros, a senior executive with more than twenty-five years in the Financial Industry, has been promoted by Paysend, the card-to-card pioneer and international payments platform, to the position of Managing Director of the US and LatAm.
Riveros will be in charge of defining and implementing its business strategy across the US and LatAm. Also, he will develop a world-class
Fintech
Fintech
Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to supply a technological service that not only simplifies but also aids consumers, business operators, and networks.This is done by optimizing business processes and financial operations through the implementation of specialized software, algorithms, and automated computing processes. Transitioning from the roots of the financial sector, fintech providers can be found through a multitude of industries such as retail banking, education, cryptocurrencies, insurance, nonprofit, and more. While fintechs cover a vast array of business sectors, it can be broken down into four classifications which are as followed: Business-to-business for banks, Business-to-business for banking business clients, business-to-consumers for small businesses, and consumers. More recently, fintechs presence has become increasingly apparent within the trading sector, primarily for cryptocurrencies and blockchain technology.The creation and use of Bitcoin can also be contributed to innovations brought upon by fintechs while smart contracts through blockchain technology have simplified and automated contracts between buyers and sellers. As a whole, fintechs applications are growing more diverse with a consumer-centric focus while its applications continue to innovate the trading and cryptocurrency sectors through automated technologies and business practices.
Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to supply a technological service that not only simplifies but also aids consumers, business operators, and networks.This is done by optimizing business processes and financial operations through the implementation of specialized software, algorithms, and automated computing processes. Transitioning from the roots of the financial sector, fintech providers can be found through a multitude of industries such as retail banking, education, cryptocurrencies, insurance, nonprofit, and more. While fintechs cover a vast array of business sectors, it can be broken down into four classifications which are as followed: Business-to-business for banks, Business-to-business for banking business clients, business-to-consumers for small businesses, and consumers. More recently, fintechs presence has become increasingly apparent within the trading sector, primarily for cryptocurrencies and blockchain technology.The creation and use of Bitcoin can also be contributed to innovations brought upon by fintechs while smart contracts through blockchain technology have simplified and automated contracts between buyers and sellers. As a whole, fintechs applications are growing more diverse with a consumer-centric focus while its applications continue to innovate the trading and cryptocurrency sectors through automated technologies and business practices.
Read this Term team in addition to securing further regulatory approvals, licences and partnership deals across the Americas.
Since September 2020, Paysend has ensured an active presence in the US. It assists US residents by making certain funds are sent to more than 100 countries securely, without the need to visit a physical location.
At this time, Riveros holds the title of the Head of the Office of Strategy Management at Paysend. Earlier on, he worked for Artemis Worldwide, a C-suite consulting firm, serving financial clients. Another role he took on was Director in Monitor, Deloitte’s Financial Services Strategy practice. Before this, Riveros was the Head of Strategy for AIMCo in 2013 where he spent two years. TIAA benefitted from his experience as Managing Director of Head of Strategic Planning. Also, he became the Head of Market Models and Business Strategies for Mastercard Worldwide and MasterCard Advisors from 2006 to 2009.
The Americas Is a Highly Important and Strategic Region
Commenting on the announcement Ronnie Millar, the CEO at Paysend, said: “We’re hugely excited to have Jairo move into this role leading our Americas and Latin America business. The Americas is a highly important and strategic region for Paysend and Jairo’s proven track record in building networks, and relationships in North and South America will be invaluable as we look to grow our footprint in these crucial markets. He is a highly respected and well-liked member of our executive team and he’ll thrive in this new role.”
“I’m thrilled to be starting this new role in a major growth region for Paysend. The US is home to the largest global transfer market in the world and the opportunities in Latin America are undeniable. Paysend is a company with a strong track record of success as well as a state-of-the-art
payments
Payments
One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonly the basis of exchange involves fiat currency or legal tender, be it in the form of cash, credit or bank transfers, debit, or checks. While typically associated with cash transfers, payments can also be made in anything of perceived value, be it stock or bartering – though this is far more limited today than it has been in the past.The Largest Players in the Payments IndustryFor most individuals, the payments industry is dominated currently by card companies such as Visa or Mastercard, which facilitate the use of credit or debit expenditures. More recently, this industry has seen the rise of Peer-to-Peer (P2P) payments services, which have gained tremendous traction in Europe, the United States, and Asia, among other continents.One of the biggest parameters for payments is timing, which looms as a crucial element for execution. By this metric, consumer demand incentivizes technology that prioritizes the fastest payment execution.This can help explain the preference for debit and credit payments overtaking check or money orders, which in previous decades were much more commonly utilized. A multi-billion-dollar industry, the payments space has seen some of the most innovation and advances in recent years as companies look to push contactless technology with faster execution times.
One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonly the basis of exchange involves fiat currency or legal tender, be it in the form of cash, credit or bank transfers, debit, or checks. While typically associated with cash transfers, payments can also be made in anything of perceived value, be it stock or bartering – though this is far more limited today than it has been in the past.The Largest Players in the Payments IndustryFor most individuals, the payments industry is dominated currently by card companies such as Visa or Mastercard, which facilitate the use of credit or debit expenditures. More recently, this industry has seen the rise of Peer-to-Peer (P2P) payments services, which have gained tremendous traction in Europe, the United States, and Asia, among other continents.One of the biggest parameters for payments is timing, which looms as a crucial element for execution. By this metric, consumer demand incentivizes technology that prioritizes the fastest payment execution.This can help explain the preference for debit and credit payments overtaking check or money orders, which in previous decades were much more commonly utilized. A multi-billion-dollar industry, the payments space has seen some of the most innovation and advances in recent years as companies look to push contactless technology with faster execution times.
Read this Term technology platform, and I look forward to helping the company grow its network and customer base in the coming months,” Riveros said.
In other related new Paysend recently announced its growth to five million customers in under five years. This number includes the one and a half million clients that joined in the last six months. Also, in May 2021, it succceeded in raising $125 million in a Series B investment round.
Source: https://www.financemagnates.com/executives/moves/paysend-elevates-jairo-riveros-as-its-new-managing-director-of-the-us-and-latam/