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SPVA names new board members
The Secure POS Vendor Alliance (SPVA), a non-profit business organization founded by Hypercom, Ingenico S.A. and VeriFone, announced today three new members of its board of directors. TK Cheung, vice president of global quality and security at Hypercom, will assume the position of SPVA chairman of the board with Paul Rasori, senior vice president of global marketing for VeriFone, stepping in as vice chairman and CTO. Christophe Dolique, executive vice president of global marketing and transaction services at Ingenico, will serve as secretary/treasurer. Bob Carr, CEO of Heartland Payment Systems, will continue to serve as associate member director, an elected position. According to the SPVA's bylaws, founding members share the three officer positions for six years and have certain veto rights, including areas such as amendment of bylaws and proposed spending and ratification of a proposed standard, guideline or best practices. Since the SPVA's inception in April 2009, the organization has united industry experts and almost 20 leading payment companies that seek to have a voice within the world of secure payments.
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