The Secure POS Vendor Alliance (SPVA), a non-profit business organization founded by Hypercom (NYSE: HYC), Ingenico S.A. (EURONEXT: ING) and VeriFone (NYSE: PAY) is pleased to announce that it has named Steven Hughes, formerly executive director for the Oracle Applications Users Group (OAUG), as its president.
In his new role, Hughes will focus on strategic direction, membership development and act as liaison among the three founding board members. Hughes leads a newly-installed team of SPVA staff who will service SPVA's growing membership base.
"Steven brings valuable skills and a track record of success in global membership expansion and retention," said Christophe Dolique, SPVA Chairman and EVP, Global Marketing & Transaction Services at Ingenico. "At this stage of SPVA's development, I could not think of a better individual to manage our efforts to focus the card payments industry on compliance."
The SPVA launched in April 2009 to foster widespread compliance of existing security standards to protect cardholder information and defend merchants and acquirers against security breach. Its aim is to simplify compliance efforts, diminish the chaos and confusion often associated with standardization and reduce costs for all stakeholders. Hughes was selected by the SPVA board due to his success in growing the OAUG into one of the largest independent user groups in the world, among other accomplishments.
"I look forward to growing the SPVA into the premiere organization for facilitating a common understanding and acceptance of various security requirements and standards," said Steven Hughes, SPVA president. "With the strong leadership team already in place, I am confident this objective can be attained."
SPVA has experienced rapid growth since its launch at the ETA show in Las Vegas with prominent industry leaders joining, including Atos Worldline, Heartland Payment Systems, Moneris Solutions, Radiant Systems, Inc. and Witham Laboratories. Membership is open to all vendors that develop secure POS payment systems or have products or solutions that interact with secure POS payment devices such as retailers, acquirers and banks.