Jware names Compain chairman and CEO; Paoli EVP technology and solutions

Source: JWARE Technologies

JWARE Technologies, a European vendor specialised in card payments and secure transaction processing software, today announced that Gérard Compain, has been named Chairman & CEO, Bruno Paoli has been promoted to the function of Executive Vice President Technology & Solutions and Philippe Sérié Financial and Administrative director.

Gérard Compain, a veteran of secure payments has spent the last 20 years leading various International payment companies such as Bull's Payments Division (1989 -1995) and Ingenico (1995 -2005). In 2006 he founded Cadege, a consulting company specialized in management and investment in the secure transaction processing value chain. Gérard received a degree from the Sloan School of Management of the Massachusetts Institute of Technology.

Bruno Paoli has 20 years of experience with payment software on both the client and supplier side. He has recently worked at Carte Bleue, (the French Visa Group member) (1990 - 1999) where he was in charge of the Information System Division and Oasis Technology, a Canadian software house (2000-2002)., where he led the EMEA sales region. At JWARE since 2004, Bruno was previously responsible for business development and product marketing. Now he will be responsible for the operational piloting of the offer (its composition, its development and its deployment at the client).

Philippe Série has 15 years of experience in management accounting within French and international companies. Previously he was the financial controller of Ingenico (2003-2007). He began his career as a business controller at THALES IS (1990-1995), and he put in place the cost accounting function at Numéricâble (1997-2003), a subsidiary of Canal Plus.

Now that the development of the offer is complete and the first large French clients (Experian, Caisse National des Caisses d'Epargne and Total) are in production, JWARE is undertaking the second phase of its expansion. The hallmarks of which will be a more aggressive customer service approach and focus on 3 promising market segments.
  • In Europe, SEPA (Single European Payment Area) will re-draw the current European card processing field (TPPs, NSPs, payment factories and also new payment service providers as outlined by the European Commission). This process brings enormoess brings enormous opportunity to suppliers like JWARE, who can offer proven solutions that are agile and provide good ROI.
  • In emerging countries banks are aggressively deploying card offers. These countries are deploying innovative solutions that JWARE is already in the process of promoting in the Middle East, Africa, India and Central America via its partnership network.
  • Contactless payments will be the next revolution based on NFC chips embedded in mobile phones. This revolution is already underway in Japan and Korea and JWARE is currently in the evaluation stage with a large operator in Korea.

"Globalization and the development of card payments are intimately linked. In a world where the Internet is predominant, transactional servers become "strategic nodes" between banks, merchants and service providers. Clients must frequently change their IT relationships to reflect changing business. JWARE's technology and architecture are quite simply better adapted to the needs of this market" said Gérard Compain. "From the first time that I became involved in JWARE, I was struck by the expertise of the technical team, able to create a solution that answered market needs thanks to a flexible architecture that is commercialized at a fair price. JWARE is well placed to become the leader in all three markets that we are targeting and the current challenge is to accelerate our development in a focussed way

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