As well as Paypal, Chu previously held leadership roles at Wells Fargo, Yahoo!, Living Social and Citi, and is a board director and active advisor to a number of emerging payment companies.
He is currently the head of BBVA’s San Francisco office for New Digital Businesses, where he has overall BBVA group responsibility for the governance, budget and strategic direction of BBVA’s growing global portfolio of Fintech businesses.
Chu also currently serves on the boards of Simple, Azlo, Covault, Denizen, Upturn, Ingo Money, Boomtown and Opportunity Fund.
“Their innovative enabling platform can be deployed on top of existing payment infrastructure, offering a flexible, low-cost, and time efficient way for banks and financial institutions to improve their relationships with customers.
“They solve a global industry problem, and I’m excited to be joining Verrency where I can help David capitalise on the urgency amongst banks, processors and even super-apps to better compete for their customers around the moment of payment.”
“Dickson’s incredible fintech & payments experience, especially with financial institutions such as BBVA, PayPal and Citi are a tremendous asset as we look to expand the delivery of our patented API platform,” said David Link, Verrency Founder and CEO.
“Dickson’s vision, passion and his depth of experience in precisely the area in which Verrency operates are invaluable as we continue our expansion across the United States and overseas. Dickson’s unique insights will also be instrumental as Verrency continues to expand its service offerings into data analytics and other services around the moment of payment.”
Verrency’s industrial-grade platform fits on top of a bank’s, processor’s or wallet’s existing infrastructure, opening the door for rapid delivery of enhanced features and new services without the need to change existing legacy technology or to migrate portfolios.
The company has announced agreements with a number of major financial institutions around the world, including UAE-based Emirates NBD, Colombia’s Banco Davivienda, Australia's Volt Bank, and the US-based global processor FIS.