Tassat Group LLC, a global provider of financial technologies and products for digital payments, today announced longtime financial technology leader Ron Totaro has joined the company as Chief Executive Officer.
Totaro brings extensive payments experience to Tassat and will use his strengths to accelerate revenue growth, leverage enabling technologies to drive product innovation, and guide Tassat through its next phase of growth in digital payments. He will be responsible for capitalizing on the company’s success in delivering the first-to-market, NYDFS-approved, blockchain-based payments platform for Signature Bank, while enabling additional banks to deliver real-time payments to their commercial clients through the TassatPay® Platform.
Throughout his career, Mr. Totaro has helped major technology and fintech companies lead digital transformation efforts while driving significant revenue growth. As a General Manager for Global Financial Services at Pitney Bowes, he oversaw the evolution of the company’s largest business line and the Pitney Bowes Bank, launching new cloud-enabled solutions with integrated payments. Mr. Totaro was the COO for ACI Worldwide, one of the world’s largest fintech companies, where he led a transformation of the firm’s business and operational structure while driving accelerated top and bottom-line growth. Earlier in his career, he held leadership roles at FICO, GE Capital, Accenture and American Express. More recently, he has served as an advisor to private capital and venture firms around investment opportunities in emerging technologies, including blockchain-based applications, digital payments, and data platforms.
Kevin Greene, Chairman of the Board of Tassat said: “In the last 12 months, Tassat has built the foundation for its next major phase of growth. Ron’s leadership will be instrumental as the company begins widening the reach of the TassatPay® digital payments platform across the banking industry. His expertise in scaling companies and driving digital transformations will help Tassat thrive in this rapidly-evolving market.”
Totaro said: “Tassat’s track record and market leadership in digital payments makes it an innovator in the industry. Blockchain-based applications are continuing to gain momentum, and TassatPay® has already delivered substantial success in growing customers and deposits for banks. We are now poised to provide this real-time payments platform to the broader marketplace, and I am excited to join Tassat on its journey as an innovator in the space.”
