One of the major providers of open banking and payment technology, i2c Inc. recently announced that the firm had appointed Jim McCarthy as its President. Jim will operate from the company’s headquarters in Silicon Valley. He will be responsible for i2c teams working with partners, prospects, and clients, and will report to Amir Wain, i2c’s CEO and founder.
An industry leader with over two decades of experience in financial services, Jim McCarthy is a renowned persona in the open banking and payments industries. He has served numerous fintech startups based out of Silicon Valley in the capacity of a strategic consultant and advisor.
McCarthy was responsible for product and technology roadmap, business development for tactical partnerships, and innovation efforts at Visa where he served as the Executive Vice President of Innovation and Strategic Partnerships in his most recent role. He has held several senior positions in payments, sales, consumer credit, risk and authentication, product innovation, and digital products in Visa over his stint of 18 long years. He oversaw the launch of 3D Secure and Visa Token Service that went on to become industry standards. Additionally, Apple Pay also owes credit to McCarthy for his contributions.
“When I was at Visa heading up Innovation and Strategic Partnerships, I had the opportunity to see firsthand the innovation taking place in payments across the globe,” said Jim McCarthy. “But I have to say I’ve never seen any platform as robust, flexible and reliable as the i2c single global processing platform that can support credit, debit, prepaid and lending products. With its unique human-centric architecture, “building-block” capabilities, hundreds of APIs and 100 percent availability over 19 years, there is nothing like it out there.”
i2c’s founder Amir expressed delight at the prospect of Jim joining the company. “He brings a deep knowledge of the payments industry and innovation as well as a proven ability to connect with and establish long term effective partnerships with clients. Jim fits in well with the i2c culture of innovation and commitment to client success,” Amir said.