Payments Blog

Cardinal Joins Visa

We are excited to let you know that, as of today, Cardinal is officially a part of the Visa family! We have successfully closed the previously announced transaction.

We are looking forward to the opportunities ahead to help Customers accelerate the growth of digital payments and commerce. Using intelligent, data-driven tools to prevent e-commerce fraud, we can secure the next generation of payments, whether made through a browser, mobile app or connected device. We believe that, together, merchants and issuers will be winners, ultimately making it easier, safer and more reliable for consumers to buy in the fastest growing distribution channels. 

Our entire team is excited about this opportunity!

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Posted by Tim Sherwin

Tim Sherwin is the co-founder and Chief Executive Officer at CardinalCommerce. Under Tim’s leadership, Cardinal has become the leader in enabling authenticated payment transactions in digital commerce markets. Most recently, Tim led Cardinal’s business development and product strategy efforts. He oversees Cardinal’s largest Customers and key partners including Visa, Mastercard, PayPal and American Express. Working in the payments industry, Tim has had a lead role in redefining the Consumer Authentication landscape, developing innovative payment services that help merchants increase sales, reduce fraud, and eliminate chargeback exposure without disrupting the consumer checkout experience. Tim has more than 20 issued and pending patents related to secure payment processing, mobile payments and tokenization. Prior to founding Cardinal, Tim was Senior Vice President of Business Development at QIS, an IT and internet services firm. Earlier, he was with STERIS Corporation as Controller of the North American Division, and spent time with Oracle Corporation working with Invacare Corporation, where he developed a sound and streamlined system for processing all financial transactions. Tim is a graduate of Wittenberg University with a BA in Business, and earned his MBA in finance from Case Western Reserve University’s Weatherhead School of Management. Tim serves as a member of the Merchant Risk Council (MRC) Americas Advisory Board, is a member of EMVCo, and is a frequent speaker at industry events. He is also on the board of the Cleveland Museum of Natural History.

Topics: Consumer Authentication, CardinalCommerce, Visa, eCommerce

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