Paysafe Adds Tim Thurman as its Chief Digital Officer

Paysafe Group plc (PAYS.L), a provider of digital 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 and solutions, has appointed Tim Thurman as its newest Chief Digital Officer. He is to join the group later this month, according to a regulatory filing.

In his new role as the Chief Digital Officer, Mr. Thurman will be reporting to Paysafe President and CEO Joel Leonoff, based out Paysafe's Montreal office. In this role he will help foster the development and deployment of Paysafe's digital technology suite, including its payment solutions.

He joins Paysafe with over two decades of technology experience, having come over from the Australian Securities Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term (ASX) where he worked as its Chief Information Officer for the past five years. Additional roles include senior roles at Credit Suisse Canada and Alpha Trading Systems.

According to Mr. Leonoff, in a recent statement on the appointment: "From a technology perspective we are focused on building the future of payments, creating the next generation of payment platforms and technology capabilities to connect businesses and consumers around the world with frictionless, borderless and empowering digital solutions.”

“As a proven leader in digital transformation projects at scale, Tim's technology, product and commercial expertise, make him the ideal person to take our digital payments development to the next level and cement Paysafe's pioneering technology leadership," he added.