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TransCard Adds Respected Payments Industry Veteran to Leadership Team

CHATTANOOGA, Tenn.--(BUSINESS WIRE)-- TransCard, the leading provider of prepaid products to financial institutions of all sizes, is pleased to announce the addition of Cathy Corby Parker to the executive leadership team as Chief Revenue Officer.

TransCard Headquarters, Chattanooga, Tenn. (Photo: Business Wire)

In her new position, Ms. Parker is responsible for the company’s long-term revenue generation strategy and for the mutual success of TransCard’s financial institution and channel partnerships.

Ms. Parker was first introduced to TransCard in her role as Founder and President of Corby & Company, Inc., a well-regarded prepaid and emerging payments consulting firm. Her enthusiasm for the TransCard business model – which has upended the traditional third-party prepaid model – influenced her decision to join the company as it enters a phase of rapid growth.

“TransCard has returned financial institutions to the front and center of prepaid,” Parker explained. “They have disintermediated the complex prepaid distribution system to increase the control financial institutions have over their programs, while still delivering flexible and innovative prepaid offerings.”

TransCard CEO, Craig Fuller, stated, “We are pleased to have had Corby & Company’s endorsement of our approach and even more pleased that Cathy has decided to join our executive group.”

Prior to forming Corby & Company, Parker held executive positions at major payment processors including FSV Payment Systems and TSYS. She has also been a retail banking executive at Barnett Banks and Chemical Bank, now Bank of America and JP Morgan Chase, respectively.

Ms. Parker says she looks forward to continuing her mission of helping clients develop and grow their prepaid business in her new role at TransCard.

About TransCard

Chattanooga-based TransCard is the leading provider of prepaid products to financial institutions of all sizes. The company’s platform enables financial institutions of all sizes to grow deposits and fee income, deepen their treasury relationships, expand product offerings to the underserved and turn unprofitable customers from cost items to contribution items. Financial Institutions interested in offering prepaid programs should visit our website and follow us on Twitter.

Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50432448&lang=en

TransCard
Mark Levitt, 423-553-5376
mlevitt@transcard.com

Source: TransCard