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Cardinal Joins Visa

CardinalCommerce Joins Visa to Accelerate Digital Payments


In the beginning, Cardinal believed that authentication would be important enough to build a company or create an industry.  In order for authentication to work well, it required a centralized architecture.  Today, we are delighted to announce that we are joining the Visa family to continue on this authentication journey.  We will continue to operate Cardinal as a wholly-owned subsidiary of Visa at our current offices in Mentor, Ohio. 

We believe together with Visa, Cardinal will be able to service our Customers better.  With Cardinal's centralized architecture and know-how combined with Visa’s network, industry expertise and vision, we can ensure that merchants and issuers will have advanced technology for virtually any connected device.   As digital commerce continues to accelerate, Cardinal will be able to improve our ability to help our Customers distinguish good orders from bad orders without unnecessary consumer friction at check-out. 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.  Reducing fraud while building better consumer experiences will strengthen trust and help fast track the next generation of digital payments. 

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Posted by Michael Keresman

Michael Keresman, III is the Founder, Chairman, President and CEO of CardinalCommerce Corporation, the global leader in enabling authenticated payments, secure transactions, and alternative payment brands for both eCommerce and mobile commerce. CardinalCommerce has consistently been recognized for its leadership and innovation in the eCommerce and mobile commerce channels by various industry leaders, including Frost and Sullivan and the Merchant Risk Council (MRC). Mike has consistently used his expertise and knowledge to grow CardinalCommerce from a start-up company to the worldwide leading enabler of payment brands. He has helped create a new industry with a global reach with operations in Europe, Africa, North and South America, and distributions in Asia and Australia. Under his direction, CardinalCommerce has developed strategic partnerships with various payment brands including Visa, MasterCard, Amazon Payments, BillMeLater, Google, and PayPal, as well as merchant service providers/processors such as Chase, CyberSource, Fifth Third, First Data and others. Mike’s success with CardinalCommerce has earned him recognition as one of Ernst & Young’s Entrepreneurs of the Year in 2004 and 2005. Before founding CardinalCommerce, he was one of the earliest employees and co-founder at STERIS Corporation (NYSE: STE), holding several senior management positions from 1988 to 1999, including Senior Vice President, CFO, and CIO, as well as the primary operations executive. In 1981, he was an early employee and the CFO of HealthAmerica of Ohio. In his role he helped to establish the first statewide HMO network in the country. His leadership and dedication helped to grow HealthAmerica of Ohio more than 500% in less than three years. Between his tenures at STERIS and HealthAmerica, Mike held senior management positions at International HealthCare, Inc. (IHC) and Western Reserve Health Plan as well. Mike graduated from John Carroll University with a BSBA in Finance. He is on the Board of Directors for The Secure Remote Payment Council and is a member of the Lake Erie College Board of Directors, where he serves on the Finance and Assets and Institutional Advancement Committees. He is married and a proud father of three daughters.

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Dec 1, 2016 1:00:24 PM

Topics: CardinalCommerce, Visa

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