Cha joins from S1 Corporation where, for over 8 years, he served in a number of sales roles and was appointed as Asia Pacific Business Development Director of their payments systems division in 2008. Prior to that, he held a number of senior management positions with Stratus Technologies and Bank of America.

Commenting on Cha's appointment Alaric International Director Paul Griffin said, "Alaric's business is growing rapidly in Australia, New Zealand and the Pacific. Indeed, Alaric is now winning significant new business on both the partner and user fronts. In Tim Cha, we have found a proven and experienced achiever to drive this sales success forwards. He is exceedingly well regarded in the region and I expect that this will prove to be invaluable in driving sales for Alaric."

For his part, Cha welcomed Griffin's comments adding, "Most of the existing payments and fraud infrastructure in Australia and New Zealand is aging rapidly. Organisations are finding it a challenge to cope with developments such as the increasing acceptance of mobile payments and the rapid growth of CNP fraud. The costs of maintenance and management of these services on the old technology platforms continues to increase. However, as the innovative range of products that Alaric brings to the Australian, New Zealand and Pacific markets addresses all these issues with a fundamentally new approach, it has been extremely well received. I am delighted to have joined Alaric at this time, with the opportunity of taking their success story forwards."