DUBLIN--(BUSINESS WIRE)--JPMorgan Chase & Co. (NYSE: JPM) today announced that Catherine Moore has been named President and Managing Director of Commerce Solutions, Europe for J.P. Morgan. She also serves as Executive Director of the group’s legal entity, Chase Paymentech Europe Limited (trading as J.P. Morgan), based in Dublin.
Commerce Solutions is the global payment processing and merchant acquiring business of JPMorgan Chase & Co. and a leading provider of payment, fraud and data security for companies large and small. Commerce Solutions is capable of authorising transactions in more than 120 currencies. As President, Moore oversees J.P. Morgan’s European growth strategy for Commerce Solutions and leads all areas including sales, marketing, customer support, product research and development, finance, credit and risk.
“Catherine is an outstanding leader and an experienced manager whose wealth of knowledge and insight into the payments industry and this region will be invaluable in our drive to boost our current market position, enable our clients to grow, and make the most of new business opportunities throughout Europe,” said Michael K. Passilla, CEO for Chase Commerce Solutions.
Prior to her appointment, Moore was Managing Director, Head of International Commercial Card at J.P. Morgan Europe Ltd. where she was responsible for the strategic development, client plans and overall management of the International Commercial Card business. This included managing teams covering both proprietary-issued products and those issued by 22 partner banks in the J.P. Morgan network across EMEA, LATAM and APAC. She joined J.P. Morgan Europe Ltd. as Executive Director, International Prepaid, in 2010, delivering product and vendor management, as well as technology and operational solutions for 3.9 million cardholders in the United Kingdom.
J.P. Morgan Commerce Solutions
Commerce Solutions, the global payment processing and merchant acquiring business of JPMorgan Chase & Co. (NYSE: JPM), is a leading provider of payment, fraud and data security, capable of authorising transactions in more than 120 currencies. J.P. Morgan’s proprietary platforms provide integrated commerce solutions for all major credit and debit card payments as well as mobile payments. Commerce Solutions, formerly known in Europe as “Chase Paymentech,” has uniquely combined proven payment technology with a long legacy of merchant advocacy that creates quantifiable value for ecommerce companies. In 2014, Commerce Solutions processed 38.1 billion transactions globally with a value of $847.9 billion. More information can be found at www.jpmorgancommercesolutions.co.uk
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.4 trillion and operations worldwide. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.
