NEW DELHI, October 7, 2015 /PRNewswire/ --
Today, Nuspay International Incorporated (Nuspay™) announces technology executive and recognized information security leader Bob DeRodes has joined their board of advisors. DeRodes, who was the expert brought in to lead information technology at post-breach Target, is a former adviser for the U.S. Department of Homeland Security, the Secretary of Defense, and the Justice Department. DeRodes' experience in the payments industry includes executive positions as EVP of Global Operations and Technology for First Data Corporation, CTO of Citibank Global Card Payments, and SVP Bank Operations of USAA Federal Savings Bank. Today, DeRodes is an independent Director for NCR Corporation, as well as leading his private consulting practice.
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"Nuspay is a game-changer that is revolutionizing the global secure payments industry with innovative and exciting solutions. The applications for secure tokenized payments are very intriguing, and I look forward to helping Nuspay expand its tokenized payment solutions network worldwide," DeRodes stated.
Founded in 2014, Nuspay created a secure payment system that never discloses real account information at any point in a transaction. Instead, Nuspay's patent-pending "Virtual Account" technology protects customers' identity and banking information by tokenizing payments - assigning unique, random token numbers to each transaction. Virtual Account is the world's first cashless, no-contact tokenized payment solution.
"There is nobody in this world with the specialized expertise that Bob DeRodes brings to the table," said Nuspay CEO and Chairman Greg Wooten. "We couldn't be more pleased to welcome him aboard."
Nuspay is developing technology that could change how banks, retailers and consumers think of payment solutions, and that's exactly what makes Nuspay and DeRodes a great fit. Bob is a highly accomplished senior executive with 46 years of experience leading information technology for an impressive list of major multi-national corporations such as The Home Depot, Delta Airlines and American Airlines. He spent over twenty years automating regional banks and got his start as a computer operator for the Wooster Brush Company back in 1969. In the decades since, DeRodes has made it his business to be the expert the experts call.
Nuspay is in the process of introducing new payment technology in Asia. In the coming weeks, the company will announce additional initiatives that are set to raise awareness of how banks and retailers can safeguard consumers and stamp out payment fraud through tokenized payments.
About Nuspay International
Nuspay™ is a financial services technology company building the next-generation tokenized global payments network. Working hand-in-hand with financial institutions, payment networks, processors and businesses around the world to accept and process all forms of payment through its patent-pending technologies, Nuspay is leading the way in innovative payment data security, digital currency and payment acceptance. The company's technology surpasses the highest data entry security standards in existence while simultaneously eliminating the need for maintaining complex information technology infrastructure. Nuspay also facilitates the acceptance of conventional credit and debit card transactions as well as new forms of digital currency. The company is headquartered in Sunnyvale, Calif., with innovation centers in Delhi and Hyderabad, India.
Media Contact:
Greg Wooten
[email protected]
+18009338561
Chairman and Chief Executive Officer
Nuspay International Incorporated
http://www.nuspay.com
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