Paysafe Names Noah Sharp as Chief Banking Officer

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 platform Paysafe announced this week that it has appointed Noah Sharp as its Chief Banking Officer, where he will be responsible for leading and developing the company’s global banking, payment partner, and card network relationships.

Sharp joins Paysafe from Standard Chartered Bank, where he was most recently the Director - Fintech Fintech Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Read this Term Banking & Advisory, US & UK/Europe. In this role, he was responsible for building and advising the bank’s Fintech client franchise in Europe and North America.

As the Chief Banking Officer, which is a newly created role for the company, Sharp is based in London and reports to Danny Chazonoff, Paysafe’s Chief Operating Officer.

Commenting on the appointment, Danny Chazonoff said in the statement on Thursday: “Having the very best portfolio of bank and payments partners who really understand our business continues to be a critical enabler and I’m thrilled we have found such an exceptional individual for this role."

“Noah and his team will act as a consolidated relationship lead on behalf of our financial partners and identify opportunities to work with new providers where needed. He’s a very talented and proven banker himself and I know he will be a real asset to our leadership team as well as a fantastic day to day interface for the banking and payments community who are already working with Paysafe.”

Noah Sharp’s career history

Before he was at Standard Chartered Bank, Sharp was at Deutsche Bank, where he spent 11 years. His most recent position was based in London as the VP - FinTech & Insurance (NBFI) Coverage, Corporate Banking, Global Relationship Manager.

This position saw Sharp managing global relationships for European and US-headquartered Fintechs, card schemes, insurance companies, and other non-bank financial institutions. During his time with the German lender, he also worked within its transaction banking and COO divisions.

“Paysafe has grown rapidly over the years and built itself a reputation in the payments industry of offering a truly unique, differentiated and well-diversified set of products and services,” Sharp added in the statement. “This is an exciting move for me, and I look forward to playing a role in its ongoing success story by establishing a best-in-class approach to managing our banking relationships and payment partner strategy.”