VeriFone Names Paul Galant CEO

VeriFone Background

VeriFone has appointed Paul Galant as CEO, and member of the board of directors.

Prior to joining VeriFone, Mr. Galant, 45, served as the CEO of Citigroup’s Enterprise Payments business since 2010. Before that, from 2009, Mr. Galant served as CEO of Citi Cards, heading Citigroup’s North American and International Consumer Credit Cards business. Before that, from 2007, he was CEO of Citi Transaction Services.

Previous positions before joining Citi were with Donaldson, Lufkin and Jenrette as global head of e-commerce, and head of Financial Engineering within Debt Capital Markets, and as president and founder of BTP Information Services.

Mr. Gallant holds a B.S. from Cornell University. He has served as chairman of the NY Federal Reserve Bank Payments Risk Committee, and chairman of  Clearing House Secure Digital Payments. He is an executive member on the NY Weill Cornell Medical Center Council.

[Image courtesy: VeriFone]

Also see:

TransUnion to acquire Neustar for $3.1B

TransUnion has signed a definitive agreement to acquire Neustar from a private investment group led by Golden Gate Capital and with minority participation by GIC.

Huvr raises $5M

Huvr, a cloud-based industrial asset management solution company, has raised $5 million.

American Express acquires fintech company Kabbage

American Express has entered into an agreement to acquire Kabbage, a financial technology company that provides cash flow management solutions to small businesses.

AP to equip visual journalists globally with Sony imaging products

Sony and The Associated Press (AP) have inked a collaboration that will make Sony the exclusive imaging products and support provider for AP news photographers and video journalists globally.

Equifax acquires Ansonia

Equifax has acquired Ansonia, a provider of business credit, collections, and account receivable data used by financial institutions, creditors, and businesses focused on the transportation and logistics industries.