Click here to close now.




















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
For IoT to grow as quickly as analyst firms’ project, a lot is going to fall on developers to quickly bring applications to market. But the lack of a standard development platform threatens to slow growth and make application development more time consuming and costly, much like we’ve seen in the mobile space. In his session at @ThingsExpo, Mike Weiner, Product Manager of the Omega DevCloud with KORE Telematics Inc., discussed the evolving requirements for developers as IoT matures and conducte...
SYS-CON Events announced today that MobiDev, a software development company, will exhibit at the 17th International Cloud Expo®, which will take place November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. MobiDev is a software development company with representative offices in Atlanta (US), Sheffield (UK) and Würzburg (Germany); and development centers in Ukraine. Since 2009 it has grown from a small group of passionate engineers and business managers to a full-scale mobi...
One of the hottest areas in cloud right now is DRaaS and related offerings. In his session at 16th Cloud Expo, Dale Levesque, Disaster Recovery Product Manager with Windstream's Cloud and Data Center Marketing team, will discuss the benefits of the cloud model, which far outweigh the traditional approach, and how enterprises need to ensure that their needs are properly being met.
The time is ripe for high speed resilient software defined storage solutions with unlimited scalability. ISS has been working with the leading open source projects and developed a commercial high performance solution that is able to grow forever without performance limitations. In his session at Cloud Expo, Alex Gorbachev, President of Intelligent Systems Services Inc., shared foundation principles of Ceph architecture, as well as the design to deliver this storage to traditional SAN storage co...
The speed of software changes in growing and large scale rapid-paced DevOps environments presents a challenge for continuous testing. Many organizations struggle to get this right. Practices that work for small scale continuous testing may not be sufficient as the requirements grow. In his session at DevOps Summit, Marc Hornbeek, Sr. Solutions Architect of DevOps continuous test solutions at Spirent Communications, explained the best practices of continuous testing at high scale, which is rele...
"We got started as search consultants. On the services side of the business we have help organizations save time and save money when they hit issues that everyone more or less hits when their data grows," noted Otis Gospodnetić, Founder of Sematext, in this SYS-CON.tv interview at @DevOpsSummit, held June 9-11, 2015, at the Javits Center in New York City.
"We've just seen a huge influx of new partners coming into our ecosystem, and partners building unique offerings on top of our API set," explained Seth Bostock, Chief Executive Officer at IndependenceIT, in this SYS-CON.tv interview at 16th Cloud Expo, held June 9-11, 2015, at the Javits Center in New York City.
Learn how to solve the problem of keeping files in sync between multiple Docker containers. In his session at 16th Cloud Expo, Aaron Brongersma, Senior Infrastructure Engineer at Modulus, discussed using rsync, GlusterFS, EBS and Bit Torrent Sync. He broke down the tools that are needed to help create a seamless user experience. In the end, can we have an environment where we can easily move Docker containers, servers, and volumes without impacting our applications? He shared his results so yo...
Explosive growth in connected devices. Enormous amounts of data for collection and analysis. Critical use of data for split-second decision making and actionable information. All three are factors in making the Internet of Things a reality. Yet, any one factor would have an IT organization pondering its infrastructure strategy. How should your organization enhance its IT framework to enable an Internet of Things implementation? In his session at @ThingsExpo, James Kirkland, Red Hat's Chief Arch...
Chuck Piluso presented a study of cloud adoption trends and the power and flexibility of IBM Power and Pureflex cloud solutions. Prior to Secure Infrastructure and Services, Mr. Piluso founded North American Telecommunication Corporation, a facilities-based Competitive Local Exchange Carrier licensed by the Public Service Commission in 10 states, serving as the company's chairman and president from 1997 to 2000. Between 1990 and 1997, Mr. Piluso served as chairman & founder of International Te...
It is one thing to build single industrial IoT applications, but what will it take to build the Smart Cities and truly society-changing applications of the future? The technology won’t be the problem, it will be the number of parties that need to work together and be aligned in their motivation to succeed. In his session at @ThingsExpo, Jason Mondanaro, Director, Product Management at Metanga, discussed how you can plan to cooperate, partner, and form lasting all-star teams to change the world...
Public Cloud IaaS started its life in the developer and startup communities and has grown rapidly to a $20B+ industry, but it still pales in comparison to how much is spent worldwide on IT: $3.6 trillion. In fact, there are 8.6 million data centers worldwide, the reality is many small and medium sized business have server closets and colocation footprints filled with servers and storage gear. While on-premise environment virtualization may have peaked at 75%, the Public Cloud has lagged in adop...
The Internet of Everything (IoE) brings together people, process, data and things to make networked connections more relevant and valuable than ever before – transforming information into knowledge and knowledge into wisdom. IoE creates new capabilities, richer experiences, and unprecedented opportunities to improve business and government operations, decision making and mission support capabilities.
How do you securely enable access to your applications in AWS without exposing any attack surfaces? The answer is usually very complicated because application environments morph over time in response to growing requirements from your employee base, your partners and your customers. In his session at @DevOpsSummit, Haseeb Budhani, CEO and Co-founder of Soha, shared five common approaches that DevOps teams follow to secure access to applications deployed in AWS, Azure, etc., and the friction an...
Digital Transformation is the ultimate goal of cloud computing and related initiatives. The phrase is certainly not a precise one, and as subject to hand-waving and distortion as any high-falutin' terminology in the world of information technology. Yet it is an excellent choice of words to describe what enterprise IT—and by extension, organizations in general—should be working to achieve. Digital Transformation means: handling all the data types being found and created in the organizat...