Payza has named Ferhan Patel to Chief Compliance Officer and Director of Global Risk and Compliance. In his new role with the company, Patel will oversee the Risk, Fraud and Compliance Departments, and be responsible for the company’s AML/CTF, Compliance, Fraud and Risk Mitigation policies.
Prior to his new position, Patel led the company’s product development strategies, marketing operations, strategic alliances and new market opportunities. He was influential in leading Payza to win the 2013 Paybefore Award for Outstanding Newcomer in Prepaid/Emerging Payments category.
“Ferhan already has a thorough knowledge of our product design, which means that as Chief Compliance Officer, he can bring a unique perspective to both our emerging products and our global policies,” noted Payza’s CEO Alastair Graham. “His active involvement in our overall product lifecycle ensures that compliance is built in from the beginning and not bolted on. In addition, he will also see that the customer experience is still addressed at every stage, and we see that as a significant advantage in the market.”
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