FSV Payment Systems names Reesing CFO; Frye chief commercial services executive

Source: FSV Payment Systems

FSV Payment Systems, a leading provider of network branded prepaid debit card products and processing services, today announced that Stephen W. Reesing has been appointed Chief Financial Officer and Matthew P. Frye Chief Commercial Services Executive.

"I am delighted that Steve and Matt have decided to join FSV," stated Jonathan Palmer, FSV's President and CEO. "Steve brings a wealth of experience and insight to the CFO position, and Matt, similarly, brings many years of senior leadership experience in prepaid debit to his new executive position at our company, in which he'll be responsible for leading our prepaid debit processing business."

Reesing, a Texas native, served for over five years as CFO of Netspend Corporation, a leading prepaid debit provider. He will be based in FSV's Jacksonville, Fla., office. Reesing is replacing Mark Brockelman, of Jacksonville, who is retiring. Frye, a current Texas resident, and most recently a senior executive with PreCash, will be based in FSV's Houston headquarters.

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