Retail Decisions, a supplier of fraud prevention and payment services, has recruited an entire team of consultants from PaySolv, a US-based electronic payments consultancy, as part of the launch of its own new e-payments consulting division.
The employment of the new consultants, who include PaySolv founders Mike Love and Ken Maliga, has been secured with the full agreement of PaySolv.
The team will be employed as a US-based subsidiary of Retail Decisions and will form the nucleus of the company's new electronic payments consulting division.
The strategic consulting team will focus on extending Retail Decisions' market share through their existing relationships with card issuers, acquirers and processors. They are also charged with developing new products and services for risk management and e-payments.
Carl Clump, chief executive of Retail Decisions, says: "We see this as a significant step in achieving a greater level of penetration of North America, the world's largest payment card market. In addition, our new strategic consulting division will provide an opportunity to extend our client base globally and offer high quality strategic advice on all aspects of electronic payments, including smart cards."