Diamond will be responsible for all Obopay business development related to the financial services market and will lead Obopay's sales, partnership development and management, and solutions delivery for financial services partners.

"This has been a year of growth and ever-increasing momentum for Obopay," said Obopay President, U.S.-based Operations Gregory Holmes. "Michael's depth of experience and understanding of the financial services and analytic markets will prove invaluable as we expand our business relationships and mobile payment offerings to Obopay users."

Diamond brings to Obopay more than 20 years of experience in financial services, business development and sales.

Prior to Obopay, he led business development teams in high-growth information software categories at IBM.
Diamond joined IBM as a result of their acquisition of Alphablox, where he was VP Business & Corporate Development. Prior to Alphablox, Diamond was Senior Vice President, Global Alliances for S1 Corporation, where his team drove worldwide e-Finance revenue growth via strategic partners.

He also led early market development in Japan and Latin America for S1. Before joining S1, Mike held a variety of leadership roles at Edify Corporation, a pioneer in the internet banking and self-service market. Diamond also served in the United States Army Reserve during Operation Desert Storm and Operation Provide Comfort, and was honorably discharged at the rank of Captain.