Fintech veteran Pamela Joseph has been chosen by TSYS to serve as the company’s new president and chief operating officer. The move comes less than a year after Joseph retired from her position as vice chair of U.S. Bancorp’s payment services division.
M. Troy Woods, TSYS CEO and chairman, called Joseph “immensely respected” among payments professionals. Woods said her “deep familiarity” with TSYS would help the company “deliver people-centered innovation in this rapidly evolving payments industry.”
Joseph praised TSYS’s “best in class technology platforms” and the “blue-chip” customer roster, and says she looks forward to “driving additional client and partner benefits through product innovation and service enhancements.”
In addition, Joseph will also be a part of the TSYS board of directors.
During her 11-year tenure at U.S. Bancorp, Joseph was responsible for all of the company’s electronic product lines (consumer credit, corporate, debit, global acquiring, prepaid, purchasing and fleet card programs, and small business). She was honored as one of the Most Influential Women in Payments by Payments Source, and as one of the Most Powerful Women in Banking by American Banker.
Joseph also served as chair of U.S. Bancorp subsidiary, Elavon, the fourth-largest merchant acquirer in both the United States and Europe. Her previous experience in the industry includes stints at Visa International (director of new market development) and Wells Fargo. She is credited for implementing a solution to mitigate $300 million in revenue lost each year because of changes required by the Durbin Amendment—all without major price changes for cardholders—and for helping U.S. Bancorp become the first U.S. bank to issue a contactless EMV card back in 2011.
Founded in 1983 and headquartered in Columbus, Georgia, TSYS demonstrated its Spend Controls for Consumers technology at FinovateSpring 2013.