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Gary Palmer

Gary Palmer

Chairman, Founder and CEO, Payall Payment Systems

Gary’s the founder, President & CEO of Payall Payment Systems – the first end-to-end infrastructure provider of technology for cross-border payments through banks, central banks and regulators. The company has developed category defining software for counterparty risk management, multi-jurisdictional compliance, real-time transaction risk management and intervention as well as global payment orchestration that makes cross-border payments through banks safe, efficient (fast, low-cost), transparent and inclusive. Payall’s counterparty risk, transaction monitoring, multi-jurisdictional compliance and payment processing are featured at the U.S. Federal Reserve Marketplace.

Gary has also served as an Industry Advisor to the Philadelphia Federal Reserve Bank since 2006 – initially working with the Payment Card Center and now the Consumer Finance Institute.   Gary’s career in banktech, regtech, payments and fintech began in 1996 when he co-founded WildCard Systems – some have called WildCard Systems the “first fintech”.  The company pioneered a new payment card - prepaid Visa and Mastercard cards - and built the first-ever Visa & Mastercard prepaid card issuing platform. Seven of the ten largest U.S. banks were customers as well as nearly fifty banks around the world by 2005. In fact, the first Visa-card ever issued in China wasn’t a debit or credit card, but a prepaid Visa TravelMoney card processed by WildCard through five Chinese banks.  Gary’s considered the world’s foremost expert on technology innovations associated with counterparty risk management, complex multi-jurisdictional compliance and multi-channel and form factor global or cross-border payment orchestration.