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PayTech Verrency appoints Dickson Chu to Global Advisory Board

VerrencyGlobal payment company Verrency has announced the appointment of Dickson Chu to its global advisory board.

Chu has held various leadership roles at companies including Paypal, Wells Fargo, Yahoo!, Living Social and Citi, and is a board director and advisor to several emerging payment companies. He is currently the head of BBVA’s San Francisco office for New Digital Businesses.

“Verrency is a truly unique company that has significant global momentum. Their innovative enabling platform can be deployed on top of existing payment infrastructure, offering a flexible, low-cost, and time-efficient way for banks and financial institutions to improve their relationships with customers,” Chu said.

“Dickson’s vision, passion and his depth of experience in precisely the area in which Verrency operates are invaluable as we continue our expansion across the United States and overseas. Dickson’s unique insights will also be instrumental as Verrency continues to expand its service offerings into data analytics and other services around the moment of payment.” David Link, Verrency Founder and CEO added.

Verrency’s platform offers banking, payment processing, and wallet infrastructure, along with rapid delivery, enhanced features, and new services without any need to change existing technology or to migrate portfolios. The company has signed agreements with several financial institutions around the world, including Emirates NBD, Banco Davivienda, Volt Bank, and FIS, among others.

Prior to BBVA, Chu was Chief Product Officer and EVP Corporate Development at Ingo Money. He also currently serves on the boards of Simple, Azlo, Covault, Denizen, Upturn, Ingo Money, Boomtown and Opportunity Fund.

Verrency’s payments platform helps issuers to acquire and retain customers and increase payment speed while increasing security, control, and connectivity. It enables a range of value-added services for an issuer’s customers quickly and easily without major changes to existing payments infrastructure or the need to integrate into point-of-sale systems. The company also enables rapid connection to third-party services via its FinTech ecosystem with little to no integration.

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