GPS appoints Jim McCarthy and Kevin Fox to leadership team

By Gloria Methri

Global Processing Services (GPS), the next-gen payments technology platform has appointed Jim McCarthy as Executive Vice President – Global Head of Sales & Product, and Kevin Fox as the company’s Chief Revenue Officer.

In this newly created role, McCarthy will lead GPS’ commercial and product teams in close collaboration with Fox on sales acceleration.

McCarthy is an accomplished payments veteran with over 30 years of experience, including 18 years at Visa where he held senior roles in sales, risk and authentication, consumer credit, digital products and product innovation. He was responsible for the introduction of 3D Secure and Visa Token Service and also contributed to the launch of Apple Pay.

Most recently, McCarthy was President of i2c Inc., a US-based payments processor, alongside Kevin Fox who was Global Head of Sales.

Fox is a seasoned international payments and technology executive with over 25 years’ experience. During his time at i2c, Fox scaled the company’s sales organisation globally and expanded its penetration into the banking sector.

Prior to i2c, he served as EVP for NovoPayment and was responsible for designing and executing the firm’s Banking-as-a-Service (BaaS) delivery model across 11 markets.

“I am excited that Jim and Kevin have chosen to join GPS as we enter our next phase of growth,” said Kevin Schultz, CEO, GPS. “Jim has advised disruptive future focused FinTechs and banks for decades, driving front-line innovation across the global payments ecosystem. He is uniquely placed to partner with our ambitious customers in navigating the complex landscape and accelerating their revenue growth. I look forward to them both being a key part of our team.”

“GPS’ next-gen payments platform has scaled some of the most exciting FinTech unicorns in Europe,” said Jim McCarthy, Executive VP, Global Head of Sales and Product, GPS. “With cashless transactions forecast to top $3 trillion by 2030 and a global cashless society a real prospect, the opportunity for a next-gen payments specialist like GPS to become one of the world’s pre-eminent issuer processors is enormous.

Kevin Fox, CRO, GPS, added, “GPS is quickly becoming a pivotal FinTech shaping the European digital economy. We are expanding in Asia-Pacific too from our payment hubs in Singapore and Australia, with a diverse customer base across the region. GPS is ideally placed to accelerate the payments revolution in the US and Latin America too, and I look forward to working with the talented team here to explore how GPS can do that.”