Payments Blog

Happy Independence Day


“We must be free not because we claim freedom, but because we practice it.” – William Faulkner

July 4th is Independence Day in the U.S., a day dedicated to honoring our country and our Founding Fathers, and celebrating our freedom.  We observe this holiday with family and friends, commonly at cookouts, enjoying parades and firework spectacles, and taking weekend vacations, but it is very important to remember the reason behind it all.american_flag

On July 4, 1776, the thirteen colonies formally claimed their independence from England.  This event eventually led to the Revolutionary War and the formation of the United States of the America, the country in which we are proud to live today.

We remember this, and the sacrifices of our Founding Fathers, as we celebrate this holiday weekend with friends and family.


From all of us at Cardinal, Happy Fourth of July!

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.

Find me on: LinkedIn

Jul 2, 2015 9:00:00 AM

Topics: independece day

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