Panelist: Bhairav Trivedi
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Bhairav Trivedi Co-founder and CEO PayQuik Bhairav Trivedi, founder and CEO of PayQuik, has over 19 years experience working with banks and financial institutions, in areas of profitability, strategy development and product/market development. Prior to starting PayQuik, Bhairav worked at McKinsey and Company in New York, where he served banks and financial institutions on strategic issues related to globalization of their portfolios. Before joining McKinsey, Bhairav headed up a group of strategy consultants serving Total Systems (TSYS) customers at Fair Isaac, a specialty consulting firm. He was responsible for providing strategic advice to some of the largest card issuers in maximizing revenue and managing credit risk exposure on their portfolios. Prior to Fair Isaac, he worked at Providian Bancorp, where he helped develop the Secured Credit Card product and grew it to one of the largest portfolios in the industry. Bhairav has an MBA from the Wharton School of the University of Pennsylvania and a Masters in Engineering Economic Systems from Stanford University. He also holds an undergraduate degree in engineering from India. PayQuik: PayQuik provides infrastructure and services to financial institutions, money transfer agent networks and others engaged in the global cross-border money transfer industry. PayQuik has developed an industry standard platform to provide transaction processing in a manner fully compliant with Patriot Act and Bank Secrecy Act regulations in the USA and with regulatory environments in several countries worldwide. The Company offers a proven, turnkey, end-to-end, fully compliant, outsourced money transfer solution as an alternative to building and maintaining an in-house platform. The solution provides full compliance and fraud/risk management modules, other money transfer processing infrastructure and fully integrated back-end customer service and technical support at a fraction of the cost it an organization would incur to develop a comparable system internally. The Company offers a “shared network” in which participating customers can elect to utilize the money transfer originating and receiving locations of other PayQuik customers. This creates a “network effect” and provides customers with greatly expanded geographic coverage and multi-channel global origination and delivery capabilities. This shared network offers potential entrants the first viable opportunity to compete realistically with the current closed system market leaders. The PayQuik |
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