We intend to show banks why and how prepaid can create a gold mine with their current customer base. An example is converting marginally profitable DDA customers to prepaid, thereby making them positive contributors to the bank’s bottom line.
Atlanta, Georgia (PRWEB) June 21, 2013
Bank Solutions Group, LLC (BSG) announced today that Peter J. Quadagno has joined the consulting firm as a partner in its payments practice.
“Peter brings to our firm immense payments industry experience as a prepaid card business industry executive, entrepreneur and consultant,” says BSG’s Senior Managing Partner Les Riedl. “He is one of the country’s foremost authorities on the development and implementation of stored value, prepaid programs and EMV. He has assisted numerous clients, including banks, retailers, phone companies, universities, transit and toll authorities, and others. We are very pleased to have him join our consulting team.”
“I am excited to join BSG,” said Quadagno. “We intend to show banks why and how prepaid can create a gold mine with their current customer base. An example is converting marginally profitable DDA customers to prepaid, thereby making them positive contributors to the bank’s bottom line. I also look forward to leveraging our global EMV experience to help U.S. banks successfully address the complexities of EMV migration.“
Peter has over 30 years’ payments industry experience as an executive, business owner and consultant, most of it focused on prepaid cards. He founded several successful firms, including Maverick Network Solutions and Quadagno & Associates where for the past 17 years he has shepherded numerous clients in successful prepaid and EMV implementations. He held leadership consulting roles with clients including: prepaid distributors InComm and Coinstar; prepaid wireless companies MCI, Qwest Communications and Cable & Wireless; public agencies such as MARTA, King County Metro, NJ Turnpike Authority, New York’s MTA; POS vendor Hypercom and acquirers including Intercept Payment Solutions and CyberMark, as well as numerous banks. His strengths include prepaid card program development, management and processing, EMV, NFC, ATMs, self-service and applying payment skills to industries ranging from banks, to wireless phone companies, to transit and toll fare-collecting authorities. He has published numerous articles, serves on several leading industry forums and is a frequent conference speaker.
About Bank Solutions Group, LLC
Bank Solutions Group, LLC is a management consulting firm that helps banks, credit unions and other financial services client-partners in meeting complex business challenges to achieve higher performance and gain competitive advantage. BSG is headquartered in Atlanta with representatives in eight U.S. cities and has a global presence with teams based in 11 countries in North America, South America, Europe and Asia Pacific.