Barclaycard US On-Boards Shelton Shugar as its Chief Information Officer

Barclaycard US, the Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term arm of Barclays operating in the US, has appointed Shelton Shugar as its newest Chief Information Officer (CIO) with immediate effect, according to a company statement.

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In his new role as the CIO of Barclaycard US, Mr. Shugar will be responsible for playing a key role in the management and development of the group’s technological capabilities in the US. In this capacity he will be reporting to Roy Aston, Barclaycard’s CIO in the UK.

Mr. Shugar joins Barclaycard US with over two decades of experience in the enterprise computing space. Previously he worked as the Vice President, Enterprise Cloud Services with Hewlett Packard Enterprise, with additional stops at CA Technologies, Yahoo!, eBay, Homestore, and Verisign.

According to Mr. Aston in a statement on the appointment, “I’m incredibly pleased to announce Shelton’s appointment. His expertise will contribute to driving Barclaycard’s tech growth and Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term strategy in this vital market. I look forward to working with Shelton as we further develop the U.S. technology architecture and embed data into everything we do.”

“The financial services industry is increasingly led by technological capabilities, and each new development is a chance to better serve customers and push the boundaries of innovation. I am excited to be joining an industry leader at this important time,” explained Mr. Shugar in an accompanying statement.