CardConnect Welcomes Former PayPal and Braintree Leader Abe Marciano as Chief Information Officer

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KING OF PRUSSIA, Pa., June 14, 2016 – CardConnect® is proud to announce an addition to the executive team, as Abe Marciano joins as Chief Information Officer.

A leader in e-commerce, payments and mobile applications, Abe brings with him more than 15 years of experience in the industry. Most recently, Abe served as Head of Global Operations at Braintree, a PayPal Company, where he successfully led large-scale Operations initiatives in North America, EMEA and APAC.

“We are thrilled to have Abe join the CardConnect team,” said Jeff Shanahan, President and CEO of CardConnect. “He’s a recognized leader in this space with strong operating experience and we know that his extensive background will be a game changer for our company and customers.”

As the newly appointed CIO and EVP of Product, Abe will be responsible for the management and strategic development of all technology operations, product engineering and information systems.

“I’m really looking forward to this opportunity and the path ahead to continue to develop innovative payment solutions with a team of talented professionals,” commented Abe. “The potential to continue to expand CardConnect’s comprehensive product portfolio, services and unique technology mix for a diversified set of customers is what excites me the most and to be a part of this fast-growing company’s progression is something I’m very proud of.”

In March of this year, FinTech Acquisition Corp. (NASDAQ: FNTC) entered into a definitive merger agreement, whereby FNTC will acquire CardConnect and will be renamed CardConnect Corp.

About CardConnect

CardConnect is a rapidly-growing payments technology company that provides solutions for companies accepting bank card transactions, storing sensitive data and seeking to push the boundaries of innovation. Trusted by more than 65,000 businesses, ranging from Fortune 500 companies to independent coffee shops, CardConnect’s comprehensive product portfolio includes:

  • CardPointe® – an innovative payments platform offering SMBs a convenient, centralized system to track, manage and process their payments
  • CardSecure® – a secure gateway that integrates with enterprise level Oracle, SAP and JD Edwards ERP systems, securing every transaction through point-to-point encryption (P2PE) and tokenization to provide an unparalleled level of data breach protection and PCI scope reduction