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C-Sam adds Weiss and Sheehan to executive leadership team

11 July 2013  |  1573 views  |  0 Source: C-Sam

C-SAM, a pioneer in secure mobile transactions technology offering a range of mobile-based applications for financial as well as non-financial services, today announced that industry veterans Kurt Weiss and Conrad Sheehan have joined the company as managing director of global financial institutions and vice president and general manager of strategic initiatives, respectively.

Weiss will work closely with financial institutions and networks deploying C-SAM's mobile transaction platform that enables NFC, QR, cloud and remote payments, as well as location-based services. Sheehan will be responsible for global strategy and the implementation of key international projects for C-SAM.

"The addition of Kurt and Conrad represents a strategic augmentation of our leadership team, and we look forward to their contributions to help drive our global growth as we explore new ways to provide our customers with more secure and accessible mobile commerce products and services," said Felix Marx, CEO of C-SAM.

Weiss previously worked at Citigroup as the Director of Digital Networks & Mobile for the Fortune 20 Bank's Citi Enterprise Payments group where he was responsible for the commercialization of digital network payment ecosystems leveraging Citigroup's core payments infrastructure on a global basis. Weiss was also a founding member of Citi's initial Global Innovation team and was responsible for launching Citi's first NFC and P2P trials in addition to positioning Citi as the first major U.S. bank to successfully commercialize mobile payment stickers. His recent work focused extensively on Retailer/Merchant strategy and solutions. Additionally, Weiss held roles of CFO and Business Development at American Express. Weiss has a bachelor's of science degree in maritime systems engineering from Texas A&M University as well as a master's degree in business administration from the Hagen School of Business.

"Kurt is responsible for initiating many industry firsts in the mobile space, including launching some of the original and largest NFC programs," continued Marx. "He is a natural extension of our team's already deep experience in mobile commerce."

Prior to joining C-SAM, Sheehan founded mPayy Inc., an electronic payment company focused on NFC-stored value payments for transit authorities and private sector companies (the company was later licensed to NTT DATA where he then led North America payments solutions). Sheehan has also held positions as senior vice president at JP Morgan Chase where he ran the Consumer Payments Business and as partner at Accenture in the Financial Services practice.

Sheehan holds a bachelor of arts in economics from the College of the Holy Cross and a master's degree in business administration from The University of Chicago. Sheehan also attended the University of Chicago earning a master's in computer science.

"Conrad is a recognized leader in the mobile payments and commerce space with tremendous experience establishing customer partnerships with leading mobile carriers and a variety of other major stakeholders in the ecosystem. We are thrilled to have him on board and to be able to leverage Conrad's vast experience and expertise," said Marx.

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