Fintech firm Electronic Merchant Systems has hired Dan Stanbridge as chief risk and compliance officer. Stanbridge has more than 15 years of experience in the financial services industry. He was chief risk officer at Flexfactor and SVP of merchant risk at Paysafe.
He led efforts to mitigate risk and combat fraud on a global scale by integrating numerous systems as well as building out a modern underwriting and risk platform. Stanbridge plans to utilize Electronic Merchant Systems’ existing team and technology to build out a more robust and flexible system that better supports merchants, partners, and employees.
“EMS has a great reputation in the industry, so when the opportunity came up to join the EMS family, it was an easy decision,” said Stanbridge. “I look forward to spearheading risk management and improving our speed to decisioning and boarding while maintaining the high standards and levels of integrity the underwriting and risk teams have already set. We are prepared to drive scalable and expansive growth.”
“We are excited to welcome Dan Stanbridge to our executive team,” stated Afshin Yazdian, chief executive officer and chairman of Electronic Merchant Systems. “His extensive experience and proven track record in risk management and compliance make him the perfect fit to help us manage our growth and expand our overall footprint in the market. His leadership will be instrumental in ensuring that EMS remains at the forefront of innovation and security in the payment processing industry. On a personal level, I am excited to once again work with Dan to transform our business and power our success.”
Electronic Merchant Systems offers credit card processing, risk management, gateways and virtual terminals, sales software, and web management. Headquartered in Cleveland, Ohio, Electronic Merchant Systems serves retail, online, and omnichannel businesses of all risk levels nationwide. Operations encompass research and development, underwriting, sales, marketing, and end-to-end innovation. The company’s subsidiaries include MaxxPay, Total Touch, Paysley, and PaymentCloud.