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Wells Fargo's Louie Gasparini joins PassMark Security as CTO

26 April 2004  |  3250 views  |  0

Louie Gasparini, formerly senior vice president of Internet Transaction Systems at Wells Fargo, has joined security software company PassMark Security as chief technology officer. The company's product, called PassMark, gives financial institutions and e-commerce companies an authentication solution to prevent phishing attacks on their customers.

"Louie is a fantastic addition to our team. He is among the world's top Internet security specialists and worked in e-commerce at one of the nation's largest banks from the beginning," said Bill Harris, founder and chairman of PassMark Security and former CEO of Intuit and PayPal. "He is fully versed on current technology initiatives and state-of-the-art practices both in financial services and e-commerce. Louie will provide strong strategic leadership in defining the technology of the company."

In his new position, Gasparini will also manage an IT organization that provides product development, implementation services and technical support for clients as well as internal systems and computing resources.

During his 11 years at Wells Fargo Bank, Gasparini led several pioneering Internet and e-commerce projects including the development and implementation of an online bank, the world's first by a major bank. He managed Internet distribution systems and remained involved in emerging technologies such as smart cards while developing systems for Bill Pay payment services, merchant card processing for major Internet merchants and employee and client authentication among others. A 25-year veteran of information systems and computer science technologies, Gasparini also served as CIO for @Home, the leader in delivering broadband services to the household during his tenure.

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