Tassat Group Inc., a global provider of financial technologies and products for digital payments, today announced the appointment of David Koch as Managing Director, Sales & Business Development.
As Tassat continues its aggressive growth, Koch will lead the Company’s overall sales and distribution strategy to seize market opportunity and meet growing client demand. He will report to Chief Executive Officer, Ron Totaro.
Koch brings over 20 years of experience driving revenue across payments and commercial banking. His expertise spans blockchain payments, open banking and APIs, digital payments, ERP connectivity, real-time payments, and automation of the customer onboarding process. Koch joins Tassat from Ninth Wave Inc., where he served as Head of Strategic Accounts. He previously spent 10 years at Mastercard in various roles, ultimately serving as Vice President, Member Relations. Throughout his career he has held executive roles including Chief Commercial Officer at FISPAN, Director at CGI’s payment IP group, Vice President for Business Development at Earthport and Vice President for Marketing & Business Development at Promereo.
“B2B payments are a $23 trillion market that has yet to benefit from meaningful digital transformation, which presents immense opportunity for banks. When banks join TassatPay® Network, they’ll solve the problems their commercial customers experience with antiquated payment rails. We’re thrilled to welcome David to our team to support our market leadership in the space and ensure a seamless, efficient journey for our customers,” said Ron Totaro, Tassat CEO. “Our growing executive team is a testament to Tassat’s unwavering commitment to delivering blockchain-based real-time payments to the banking industry. David’s in-depth industry knowledge and extensive experience bringing payments technology to market is the perfect fit to help drive Tassat into its next growth phase.”
“Tassat is uniquely positioned to lead the banking industry to B2B digital payments because of its blockchain technology expertise and its track record running a high-volume B2B payments platform. I’ve long admired Tassat’s technology and forward-looking vision, and I’m excited to bring my decades of expertise to enable banks to bring the full complement of digital payments capability to their commercial customers,” said David Koch. “I look forward to driving rapid business growth as the company enters a burgeoning market.”