Fiserv reports that it has added financial-crime risk management analytics and technology specialists Timothy J. Grace and Manuel Da Silva to its ranks.
Grace becomes senior vice president and general manager, risk and compliance solutions, and Da Silva becomes global product line manager, financial crime risk management solutions, according to a Fiserv statement.
The vendor notes also that the two men “join an existing team of financial crime risk management experts. The team is focused on delivering a cost-effective, comprehensive and integrated suite of solutions to detect and prevent fraud and compliance risks across the major payment channels, including checks and electronic payments.”
Grace, who held “senior executive positions at FICO,” the analytics software company, is also the founder of PointPredictive, Inc., “specializing in analytics,” according to Fiserv. “Highlights of his accomplishments include driving the adoption of neural network fraud prevention technology in the payment card market around the world, bringing new credit reporting and scoring to mortgage lenders, and leading the fraud prevention and income verification technology evolution in the mortgage market,” Fiserv says.
Da Silva, a 20-plus-years veteran, specializes in “fraud and risk management enterprise solutions, analytics and operational consulting,” and has “managed teams of fraud consultants and worked in client-facing fraud consulting roles.”
Brookfield, Wisc.-headquartered Fiserv, a financial technology vendor founded in 1984, tallies more than 14,500 clients and 21,000 associates worldwide and reported 2014 revenues of $5.1 billion, officials say.
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