NEW YORK – (BUSINESS WIRE) – November 30, 2021–

Groupe Tassat inc., the leading provider of blockchain digital payment systems technology for banks’ B2B customers, today announced three major appointments to its leadership team. The leadership selections come in response to growing interest in the TassatPay ™ platform, which allows banks to issue cash-backed stablecoins, facilitating real-time payments for their B2B customers. The appointments include:

  • Kevin Lupowitz has been appointed Chief Information Officer and Chief Innovation Officer. Previously, he was CIO and Chief Operating Officer of Tassat;
  • Glen Sussman has been appointed President and Chief Operating Officer; and,
  • Al Berg joins Tassat as Chief Information Security Officer.

“We have seen a growing interest in the TassatPay ™ platform and its ability to allow banks to issue stable coins, especially since the recent government recommendation that banks are the issuers of this digital currency, ”said Ron Totaro, CEO of Tassat. “The changes in direction we are announcing will allow us to adapt our operations to growing demand while staying one step ahead as we create next-generation payment solutions for banks and their B2B customers. “

Kevin lupowitz joined Tassat in 2018 and led the company’s strategic research and development initiatives. In his new role, he will have the additional responsibility of transferring new and evolving technologies into B2B payment programs. In particular, he will lead Tassat’s initiatives in an open architecture for the blockchain, which should promote innovation in multiple related technological fields.

Lupowitz has extensive experience at the intersection of financial services and technology. Prior to joining Tassat, he was CIO for trueEX Group, which operated the first exchange approved by the Commodity Futures Trading Commission as a designated contract marketplace for swaps. Other leadership roles include the CIO position for CLEAR, an Identity as a Service (IasS) solution, FXall and Liquidnet Holdings. He holds a bachelor’s degree in computer science from the City University of New York – Brooklyn College.

In Glen Sussman’s as President and Chief Operating Officer, he will help ensure continued operational and financial excellence as Tassat expands its presence in commercial banking.

Sussman brings more than two decades of experience scaling technology companies. After starting his career as an equity analyst at Schroders and then leading enterprise software investments at Sandler Capital, he held executive positions at several growing technology companies in New York and the Greater Montreal area. San Francisco Bay. Most recently, he served as CFO and Executive Vice President of Corporate Development for video platform developer SundaySky. Sussman graduated from the Wharton School at the University of Pennsylvania with a degree in economics, earning the Joseph Wharton Scholar and Benjamin Franklin Scholar honors.

Al Berg’s The appointment as Chief Information Security Officer reflects the value Tassat places on ensuring that the company and the TassatPay ™ platform meet the highest standards in cybersecurity and risk management, including systems integrity and adherence to all standards for resilience, compliance, and risk policies and procedures.

Berg has held leadership roles in technology security for more than three decades, most recently as Director of Information Security for Endava, a global provider of digital transformation services. Previously, he held senior security roles at Liquidnet, the Securities Industry Automation Corporation (SIAC), Mentor Technologies and NETLAN. Berg studied computer science at Brooklyn College.

“Tassat is the digital payment platform that positions banks for the future of commercial banking,” Totaro said. “Our focus on identifying, recruiting and retaining top talent in financial technology and services will help us maintain our position as a leader in financial technology innovation. “

TassatPay ™ is the only blockchain-based real-time payment platform fully deployed within the US banking system. It enables banks to provide their B2B customers with the ability to make secure, real-time payments 24/7, not only within each bank but also between banks participating in the network. The stable coins are backed by US dollars and are considered FDIC insured deposits.

Tassat was founded in 2018, and the TassatPay ™ platform was the first solution to be reviewed by banks regulated by the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, and the State Department of Financial Services. from New York. Tassat was recently honored with a Google Cloud Customer Award 2021 for innovation in financial services. For more information visit us on the web at, to Twitter Or on LinkedIn.



SOURCE: Groupe Tassat inc.

Copyright Business Wire 2021.

PUB: 11/30/2021 9:25 a.m. / DISC: 11/30/2021 9:26 a.m.

Copyright Business Wire 2021.

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