Former Visa exec heads up BofA payments

Former Visa exec heads up BofA payments

Bank of America has named former Visa VP Bond Isaacson as payments executive for its card services division.

Isaacson is charged with leading strategic development, executing tactical design and implementing iniatives to promote new forms of electronic payments. His role will focus on providing greater convenience and choice as customers increasingly use electronic payments solutions in place of cash and cheques.

Isaacson joins Bank of America from Visa where he was executive vice-president of member and merchant sales and president of e-Visa. At Visa he was responsible for all e-commerce business and strategy, working to drive the increased usage of electronic payments among consumers and merchants.

Prior to his work at Visa, Isaacson spent nearly two decades at IBM Corporation. From 1994 until 1999, he was IBM's finance executive with responsibility for selling and implementing solutions at NationsBank, a predecessor to Bank of America.

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