Welcome!

News Feed Item

Former Heartland Payment Systems Executive -- Jeffrey S. Tourek -- Joins JetPay Payment Services as Executive Vice President of Sales

CARROLLTON, Texas, March 11, 2014 /PRNewswire/ -- JetPay® Payment Services, a division of JetPay Corporation ("JetPay" or the "Company") (NASDAQ:JTPY) is pleased to announce the appointment of Jeffrey S. Tourek as Executive Vice President and National Sales leader.  Mr. Tourek comes to JetPay from Heartland Payment Systems where he was Executive Director for Major Accounts.  His addition is part of the Company's efforts to increase its national presence among all of its product lines.  This effort has included the addition of Ralph Bianco as General Manager for JetPay's prepaid card programs; the Company's hiring of Wayne Hart to head National Sales for JetPay Payroll Services; and the addition of a National Sales Manager for JetPay Card Services to be announced later this month.

JetPay Payment Services appoints Former Heartland Payment Systems Executive, Jeffrey S. Tourek, as Executive Vice President of Sales

JetPay Corporation is a nationally recognized payments processor for all major payment cards, with vertically integrated services for businesses that include prepaid debit cards, payroll services and related payroll tax filing, and human resource management.  JetPay offers a unique blend of hi-tech transaction processing with customizable solutions for a wide swath of business needs.  Customers of JetPay include businesses, banks, Independent Sales Organizations ("ISOs") and Value-Added Resellers ("VARs").   JetPay Payment Services' technology platform handles all types of payment transactions including swiped cards at the merchant, mobile payments, and large internet card-not-present businesses.

The addition of Mr. Tourek brings another highly experienced payments professional to the JetPay team.  After completing his education at the University of Minnesota, Jeff held various sales positions including a stint with American Express and two different opportunities with First Data Corporation, where he eventually became Vice President of National Sales.  Jeff's experience also includes directing business development and strategic relationships for Global Payments, Inc. and leading the Midwest commercial sales team for Bank of America where he expanded their product sales in payroll cards, ecommerce, and business-to-business sales.  Immediately prior to joining JetPay, Jeff was Executive Director of Major Accounts for Heartland Payment Services, where he assisted in building their national sales with a focus on large merchants in the retail, travel and entertainment, ecommerce, supermarket and petroleum vertical markets.

Bipin C. Shah, Chairman of JetPay Corporation, to whom Mr. Tourek will report, has this to say of his arrival: "Jeff brings a strong skill set to our team, including his proven management style and his track record in motivating a sales team.  I expect immediate, positive results from his arrival."   Trent Voigt, CEO of JetPay Payment Services, added: "Jeff brings in-depth experience in building national sales teams and targeting business segments that can benefit from JetPay's expertise in payments.  With his broad-based knowledge of our industry, he will be a valuable asset to JetPay Corporation as a whole, particularly in cross-selling of prepaid cards and payroll processing services." 

Mr. Tourek describes his initial focus this way: "JetPay has a unique business model which is the most flexible, strong, and responsive in the payments industry.  It is a one vendor model that covers virtually every important financial transaction that a business requires.  I am excited to bring this message to a nationwide audience in the coming months and to build our team of specialists to serve our customers."

About JetPay Corporation
JetPay Corporation, based in Berwyn, PA, is a leading provider of vertically integrated solutions for businesses including card acceptance, processing, payroll, payroll tax filing and other financial transactions. JetPay provides a one vendor solution for payment services, debit and credit card processing, ACH services, and payroll and tax processing needs of businesses throughout the United States.  The Company also offers low-cost payment choices for the employees of these businesses to replace costly alternatives. The Company's vertically aligned services provide customers with convenience and increased revenues by lowering payments-related costs and by designing innovative, customized solutions for internet, mobile, and cloud-based payments.

About JetPay Payment Services
JetPay Payment Services, a division of the JetPay Corporation, headquartered in Carrollton, Texas, a suburb of Dallas, is a premier provider of a front-end and back-end credit card, check, and mobile payments processing, specializing in technology solutions for the e-commerce and card-not-present marketplace. JetPay Payment Services supplies full processing and acquiring services for some of the largest e-commerce sites on the web today. The company offers processing services to banks, sales organizations, and businesses of every size. Please visit www.jetpay.com, www.jetpaycorporation.com, and www.jetpaypayroll.com, for more information on what JetPay has to offer or call 800-834-4405.

Forward-Looking Statements
This press release includes "forward-looking statements" within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. JetPay's actual results may differ from its expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as "expect," "estimate," "project," "budget," "forecast," "anticipate," "intend," "plan," "may," "will," "could," "should," "believes," "predicts," "potential," "continue," and similar expressions are intended to identify such forward-looking statements. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. Most of these factors are outside JetPay's control and are difficult to predict. Factors that may cause such differences include, but are not limited to, those described under the heading "Risk Factors" in the Company's latest Annual Report filed with the Securities and Exchange Commission ("SEC") on Form 10-K as amended, for the transition period ending December 31, 2012, and the Company's Quarterly Report on Form 10-Q for the quarter ended September 30, 2013, and Current Reports filed on Form 8-K.  

JetPay cautions that the foregoing list of factors is not exclusive. Additional information concerning these and other risk factors is contained in JetPay's most recent filings with the Securities and Exchange Commission. All subsequent written and oral forward- looking statements concerning JetPay or other matters and attributable to JetPay or any person acting on its behalf, are expressly qualified in their entirety by the cautionary statements above. JetPay cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. JetPay does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based.

JetPay Payment Services Logo

Photo - http://photos.prnewswire.com/prnh/20140311/PH80583-a 
Logo -  http://photos.prnewswire.com/prnh/20140311/PH80583LOGO-b

SOURCE JetPay Corporation

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Interoute has announced the integration of its Global Cloud Infrastructure platform with Rancher Labs’ container management platform, Rancher. This approach enables enterprises to accelerate their digital transformation and infrastructure investments. Matthew Finnie, Interoute CTO commented “Enterprises developing and building apps in the cloud and those on a path to Digital Transformation need Digital ICT Infrastructure that allows them to build, test and deploy faster than ever before. The int...
Without a clear strategy for cost control and an architecture designed with cloud services in mind, costs and operational performance can quickly get out of control. To avoid multiple architectural redesigns requires extensive thought and planning. Boundary (now part of BMC) launched a new public-facing multi-tenant high resolution monitoring service on Amazon AWS two years ago, facing challenges and learning best practices in the early days of the new service.
Niagara Networks exhibited at the 19th International Cloud Expo, which took place at the Santa Clara Convention Center in Santa Clara, CA, in November 2016. Niagara Networks offers the highest port-density systems, and the most complete Next-Generation Network Visibility systems including Network Packet Brokers, Bypass Switches, and Network TAPs.
All organizations that did not originate this moment have a pre-existing culture as well as legacy technology and processes that can be more or less amenable to DevOps implementation. That organizational culture is influenced by the personalities and management styles of Executive Management, the wider culture in which the organization is situated, and the personalities of key team members at all levels of the organization. This culture and entrenched interests usually throw a wrench in the work...
SYS-CON Events announced today that Outlyer, a monitoring service for DevOps and operations teams, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Outlyer is a monitoring service for DevOps and Operations teams running Cloud, SaaS, Microservices and IoT deployments. Designed for today's dynamic environments that need beyond cloud-scale monitoring, we make monitoring effortless so you ...
My team embarked on building a data lake for our sales and marketing data to better understand customer journeys. This required building a hybrid data pipeline to connect our cloud CRM with the new Hadoop Data Lake. One challenge is that IT was not in a position to provide support until we proved value and marketing did not have the experience, so we embarked on the journey ourselves within the product marketing team for our line of business within Progress. In his session at @BigDataExpo, Sum...
Virtualization over the past years has become a key strategy for IT to acquire multi-tenancy, increase utilization, develop elasticity and improve security. And virtual machines (VMs) are quickly becoming a main vehicle for developing and deploying applications. The introduction of containers seems to be bringing another and perhaps overlapped solution for achieving the same above-mentioned benefits. Are a container and a virtual machine fundamentally the same or different? And how? Is one techn...
Keeping pace with advancements in software delivery processes and tooling is taxing even for the most proficient organizations. Point tools, platforms, open source and the increasing adoption of private and public cloud services requires strong engineering rigor - all in the face of developer demands to use the tools of choice. As Agile has settled in as a mainstream practice, now DevOps has emerged as the next wave to improve software delivery speed and output. To make DevOps work, organization...
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm.
What sort of WebRTC based applications can we expect to see over the next year and beyond? One way to predict development trends is to see what sorts of applications startups are building. In his session at @ThingsExpo, Arin Sime, founder of WebRTC.ventures, will discuss the current and likely future trends in WebRTC application development based on real requests for custom applications from real customers, as well as other public sources of information,
China Unicom exhibit at the 19th International Cloud Expo, which took place at the Santa Clara Convention Center in Santa Clara, CA, in November 2016. China United Network Communications Group Co. Ltd ("China Unicom") was officially established in 2009 on the basis of the merger of former China Netcom and former China Unicom. China Unicom mainly operates a full range of telecommunications services including mobile broadband (GSM, WCDMA, LTE FDD, TD-LTE), fixed-line broadband, ICT, data communica...
With the introduction of IoT and Smart Living in every aspect of our lives, one question has become relevant: What are the security implications? To answer this, first we have to look and explore the security models of the technologies that IoT is founded upon. In his session at @ThingsExpo, Nevi Kaja, a Research Engineer at Ford Motor Company, will discuss some of the security challenges of the IoT infrastructure and relate how these aspects impact Smart Living. The material will be delivered i...
As software becomes more and more complex, we, as software developers, have been splitting up our code into smaller and smaller components. This is also true for the environment in which we run our code: going from bare metal, to VMs to the modern-day Cloud Native world of containers, schedulers and micro services. While we have figured out how to run containerized applications in the cloud using schedulers, we've yet to come up with a good solution to bridge the gap between getting your contain...
Apache Hadoop is emerging as a distributed platform for handling large and fast incoming streams of data. Predictive maintenance, supply chain optimization, and Internet-of-Things analysis are examples where Hadoop provides the scalable storage, processing, and analytics platform to gain meaningful insights from granular data that is typically only valuable from a large-scale, aggregate view. One architecture useful for capturing and analyzing streaming data is the Lambda Architecture, represent...
As organizations realize the scope of the Internet of Things, gaining key insights from Big Data, through the use of advanced analytics, becomes crucial. However, IoT also creates the need for petabyte scale storage of data from millions of devices. A new type of Storage is required which seamlessly integrates robust data analytics with massive scale. These storage systems will act as “smart systems” provide in-place analytics that speed discovery and enable businesses to quickly derive meaningf...