Fiserv hires Miriam Park to lead South Korea operation

Rick Steves

Fiserv works closely with Carat in order to provide omnichannel payment solutions to merchants in South Korea. The fintech also offers payment solutions for the local market, including MoneyOn and FirstPay, enabling integrated online and offline payment solutions.

Fiserv has appointed Mi Ryung (Miriam) Park as General Manager for Korea, where she will lead the company’s local payments business, based in Seoul, South Korea.

Park brings a wealth of knowledge and expertise to Fiserv, with over 30 years of experience and leadership in the payments industry, including roles in digital transformation, spearheading business growth, and developing market strategy.

Beyond traditional payment services

Ivo Distelbrink, EVP and Head of Asia Pacific at Fiserv, said: “Miriam brings skilled operational leadership and excellent industry insight to Fiserv, which will be invaluable as we grow our business through a focus on our clients. I’m confident in her ability to drive our digital innovation strategy in Korea, expanding beyond traditional payment services to provide the next generation of payment capabilities to our merchant clients as well as our valued payment partners, positioning their businesses for growth.”

Miriam Park joined Fiserv from UnionPay International, where she led the growth of the North Asia card issuing business and developed infrastructure and the growth strategy across the Americas.

Prior to that, she spent three years at BC Card and 18 years at Visa in a number of leadership and business development roles.

Fiserv works closely with Carat in order to provide omnichannel payment solutions to merchants in South Korea. The fintech also offers payment solutions for the local market, including MoneyOn and FirstPay, enabling integrated online and offline payment solutions.

For offline payment acceptance, Fiserv works directly with merchants as well as payment partners to connect thousands of merchants’ payment terminals or point-of-sale (POS) devices for payment verification and authorization.

In 2021, Goldman Sachs partnered with Fiserv to scale up its transaction banking business. The solution was first launched in the US in 2020 to help businesses process domestic and international payments at a low cost. The service enjoyed good traction, with more than 250 clients already and over $1 trillion in transactions. The transaction banking business was then extended to the UK in 2021.

The partnership with Fiserv will throw open the transaction banking service to more than a thousand clients of Fiserv, who are now able to send and receive payments from domestic and international companies directly within their accounts receivable and accounts payable platforms.

Read this next

Digital Assets

BlockDAG Presale Raises $9.9M as Batch 5 Nears Sell-Out Amid Bonk’s Fluctuating Trading Volume & Spell’s Bullish Price

Explore BONK’s trading volume, SPELL’s market shifts, and why BlockDAG’s 10,000 ROI makes it an ideal crypto for savvy investors in 2024.

Digital Assets

Bybit expands into Europe amid regulatory scrutiny

Dubai-based cryptocurrency exchange Bybit is expanding its operations in Europe after encountering regulatory challenges in Hong Kong.

Digital Assets

Cathie Wood’s sponsored Bitcoin ETF sees historic $200 million inflows

The ARK 21Shares Bitcoin ETF (ARKB), co-sponsored by Cathie Wood’s ARK Invest, registered historic inflows exceeding $200 million on Wednesday, signaling a robust appetite among investors for Bitcoin-centric investments.

Digital Assets

Sam Bankman-Fried might see his 25-year sentence halved

Sam Bankman-Fried, the founder of the failed cryptocurrency exchange FTX, was sentenced to 25 years in federal prison by a Manhattan court on Thursday. This comes after he was convicted of defrauding customers and investors, with Judge Lewis Kaplan highlighting the potential future risks posed by Bankman-Fried.

Technical Analysis

EURJPY Technical Analysis Report 28 March, 2024

EURJPY currency pair under the bearish pressure after the pair reversed down from the major resistance level 164.25, which also stopped the sharp weekly uptrend at the end of last year,

Digital Assets

BlockDAG’s Presale Hits $9.9M, MultiversX & MINA Price Predictions Show Green

Read about BlockDAG’s promising $10 prediction and insights on MultiversX Price Prediction as MINA’s potential unfolds.

Digital Assets

Rockstar Co-Founder and All-star Line Up Join Advisory Board to Take Metacade into Post Beta Orbit

Metacade, the revolutionary Web3 gaming platform, prepares to streak out of beta with a slew of ground-breaking initiatives that will redefine the way blockchain games are developed.

Retail FX

Prop firm The Funded Trader shuts down, claims relaunch in April

Prop trading firm The Funded Trader has ceased all operations, with claims for a relaunch in the near future.

Digital Assets

Ethereum-Based Tokenized Real Estate Platform USP Launches On Republic

How This Californian Startup Is Revolutionizing Real Estate Investment through Ethereum-Based Tokenization.

<