Watch this video to see how we help merchants accept payments securely and efficiently. A simple concept that’s growing in complexity.

About Us

CardConnect™ is a rapidly growing payments technology company founded in 2006. We offer a suite of solutions focused on the ever-evolving needs of merchants accepting credit, debit, check, gift cards, and loyalty transactions.

Trusted by more than 50,000 businesses, ranging from Fortune 500 companies to independent coffee shops, CardConnect’s proprietary gateway and patented tokenization make payments simple, integrated and secure.

In addition to many strategic partnerships, CardConnect has grown steady through nine expertise-adding acquisitions and now process billions of transactions each year.

2006
2010
2012
2013
2014
2006
hitory-fts

Our Birth

Brian P. Shanahan and a group of industry veterans established Financial Transaction Services (FTS), now known as CardConnect, in Cleveland back in 2006. The same year we were founded, CardConnect’s payment gateway was validated as PABP Compliant under Visa’s Payment Application Best Practices program. 2006 also marks the year we acquired Aliant Financial Services of Sarasota, Florida.

2010
history-pci

Four Years Later

Our payment gateway officially became validated as PCI-DSS Compliant and was listed as an approved solution on Visa’s Service Provider Registry. The year prior marked our gateway’s validation as PA-DSS Compliant as well as the year we were added to the PCI Security Standards Council’s website.

In the years in between, we acquired three other companies—Boaz Payment Systems of Atlanta, Allied Bancard of Chicago, and Optimal Card Present Business Unit of Detroit.

2012
history-liberty-bell

A Big Move

In 2012, CardConnect and 20+ employees packed up everything and relocated from Cleveland to King of Prussia, right outside Philadelphia. The move wasn’t the only big thing happening—2012 was the year our payment gateway became the first Oracle-Validated Integration for payment acceptance and security. This was also a big year for our P2PE-enabled PANPad, which received the Security Products Guide’s Global Excellence Award.

We celebrated four acquisitions, including Princeton Payment Solutions, Charge Card Systems of Boca Raton, Marathon Solutions of Kansas, and Dependable Payment Processing and Discount Payment Processing of Pittsburgh. We acquired Efficient Payment Processing of Chicago the previous year in 2011.

2013
history-patent

A Patented Solution

With the hard work of Rush Taggart, CardConnect developed a proprietary solution for point-to-point encryption (P2PE) in response to the security risks associated with point-of-sale transactions. That same year, our unique tokenization process received a United States patent.

We celebrated with a makeover. Financial Transaction Services rebranded as CardConnect, a harkening back to the name of our payment gateway. This was also the year we acquired SmartPay, a sleek, out-of-the-box Virtual Terminal solution offering paperless billing and best-in-class security.

2014
history-cc

Today

CardConnect today looks quite a bit different from FTS in 2006. We’ve grown our family, made lasting partnerships, and have achieved innovation in payment acceptance unlike anyone else—and we have no plans to stop soon.

Management

Jeff Shanahan joined CardConnect in 2006 following a successful career in management consulting. Originally brought on as COO, Jeff developed all of the operational processes and procedures in place at CardConnect, including the implementation of the company’s application processing tools and residual reporting.

In 2014, Jeff was appointed Chief Executive Officer in addition to his role as President, which he has held since 2008. Along with overseeing CardConnect’s day-to-day activities across all departments, Jeff focuses on the ongoing development of innovative and secure technologies that complement the company’s existing product suite and processing services.

Prior to being CEO and President of CardConnect, Jeff served as President, managing CardConnect and its subsidiaries, including contract management and negotiation with processing partners, operations oversight, investor relations and sales development.

Before joining CardConnect, Jeff was a Management Consultant for Booz Allen Hamilton and Capgemini, where he developed expertise in content management, portal, personalization, mobile, enterprise integration and other technologies. As Management Consultant, Jeff fulfilled project management and business analysis roles in regulatory compliance and case management system implementations. He also has experience with pricing policy development, business case development and SAP process/systems analysis & testing.

Jeff is a graduate of Pennsylvania State University with a degree in Management Science and Information Systems.
Since becoming Chief Operating Officer in 2011, Patrick Shanahan has helped propel CardConnect to rapid growth by strategically integrating partner relationships, tactical acquisitions and internal development efforts. Overseeing the continual enhancement of CoPilot, CardConnect's proprietary ISO and residual management platform, Patrick has maximized operational efficiencies related to merchant enrollment, customer service, underwriting and risk management.

Patrick joined the company in 2008 as the Sales Agent Manager for Aliant Financial Services, then a CardConnect subsidiary. In this role, Patrick cultivated the ISO/Agent sales team to post significant revenue gains during an important period of growth and expansion for the company. Prior to joining CardConnect, Patrick enjoyed success as a management consultant for Booz Allen Hamilton in Washington, D.C., architecting IT projects for the federal government.

Patrick holds a bachelor’s degree in Political Science from Pennsylvania State University.
Rush Taggart joined CardConnect through the acquisition of Princeton Payment Solutions, having started there in 2007. Rush rebuilt the existing Payware and CardSecure C++ applications into Java, adding significant user functionality as well as platform portability along the way. With the addition of token support in 2009, CardSecure for Java has become a leading encryption and tokenization solution for large merchants wishing to shrink or eliminate their PCI scope. Combined with the CardConnect payment gateway solution, merchants have a one stop shop for their payment needs. In 2014, CardConnect was awarded two patents related to payment security that were a direct result of Rush's work. Recently Rush has developed a retail terminal solution for CardConnect's small and medium business customers, providing a P2PE certified solution that is also EMV ready.

Prior to CardConnect Rush was employed by the Chemical Bank (now JP Morgan) in New York. Most of his time there was in Global Capital Markets IT and Applications Development, and spearheaded the IT infrastructure design and implementation for a new trading facility. Rush also had assignments in Wholesale Funds Transfer and the Enterprise Systems Management groups.

Rush has an undergraduate degree from Antioch College in Yellow Springs, Ohio and a MBA from Harvard.
Rob Nathan has more than a decade of technology consulting, operations and business development experience. Prior to entering the payments sector, Rob led business recovery and technology integration projects with PricewaterhouseCoopers and FTI Consulting. In this role, he advised debtors in Chapter 11 restructurings, provided expertise in data analytics and information management and implemented operational improvements for clients across multiple industries.

Since joining CardConnect in 2009, Rob has led the company’s integrated payments initiative and oversees the strategic growth of technology and core product offerings.

Rob is a graduate of Indiana University's Kelley School of Business, where he majored in Computer Information Systems, Business Process Management and Operations Management.
Chuck Bernicker is a payment industry veteran who brings more than a decade of experience in senior management with large companies to CardConnect. He previously served as an Executive Director at Heartland Payment Systems, where he was responsible for identifying new distribution for existing products and services, as well as applying critical analysis to Heartland's core and non-core business units.

Chuck has held senior leadership positions with both Bank of America and TD Bank, concentrating on bank operations related to issuing processing, merchant processing and loss prevention. He also served as a member of the Card Operations and Risk Executive Council for Visa/USA.

Earlier in his career, Chuck was a member of the audit group in Ernst & Young's Philadelphia office, where he became a Certified Public Accountant.

He holds a bachelor’s degree in accounting from the University of Delaware.
Scott joined CardConnect in 2014 and brings more than 20 years of experience driving rapid revenue and profit growth in the public and private sectors. Scott oversees all sales and marketing initiatives, along with managing the company’s strategic partnerships and acquisitions. His focus is to expand CardConnect’s customer reach to deliver seamless and secure payment acceptance within existing and new markets. Prior to joining CardConnect, Scott served as Executive Vice President of Sales and Chief Marketing Officer at Global Cash Access, Inc. In that position he drove the global expansion of the company, where he managed all sales, marketing and customer-facing initiatives with P&L responsibility. He joined Global Cash Access in 2005 as Vice President of International Business. Prior to Global Cash Access, Scott held a number of executive management positions at First Data International. He joined First Data in 2000 as Vice President of National Sales and later served as Senior Vice President of Sales for Latin America and Canada and as General Manager and Country Manager for Canada. Before joining First Data, Scott worked for CIBC Card Products, now Global Payments Canada, one of Canada’s largest merchant processors. He began his professional career in 1990, when he founded and eventually sold a toiletry manufacturing, distribution and marketing company.
Angelo Grecco brings more than 13 years of industry experience to CardConnect. He specializes in recruiting and developing successful relationships with top Sales Groups, focused on extending the strong network of Agents, ISOs and Agent Bank relationships that CardConnect already has in place.

Angelo previously was President of Allied Bancard, a subsidiary of CardConnect. Prior to founding Allied Bancard, he worked as VP of Operations at Allied Merchant Services, controlling the day-to-day needs of the company’s Agents and Merchants.

Angelo is a graduate of Indiana University with a degree in Business Management.

Board of Directors

Brian Shanahan - Non Executive Chairman of the Board
BrianBrian P. Shanahan has more than 20 years of experience in the payment processing industry. Prior to founding CardConnect, he worked with Retail Systems Consulting, Integrated Business Services, The Logix Companies and Transaction Solutions, developing and selling each company’s acquisition client portfolio.

Since 1991, Brian has been involved in debit and credit card processing, ATM placement and processing, ID Authentication services, Agent Bank programs and Gift Card programs where he developed relationships with key executives across the payment processing industry.

As Chairman of CardConnect, Brian provides vision and leadership to the Board regarding rapid growth opportunities, client portfolio development and key strategic partnership relationships with regional banks and other strategic supplier partners to CardConnect.

Jeff Shanahan - Board Member
As President and CEO, Jeff manages CardConnect and its subsidiaries, including contract management and negotiation with processing partners, operations oversight, investor relations and sales development. Prior to joining CardConnect, Jeff was a Management Consultant for Booz Allen Hamilton and Capgemini, where he developed expertise in content management, portal, personalization, mobile, enterprise integration and other technologies Jeff is a graduate of Pennsylvania State University with a degree in Management Science and Information Systems.
Richard Garman - Board Member
Richard has 28 years of experience in the financial technology and services industry. Prior to joining FTV Capital, Richard was President and CEO of Electronic Payment Services, Inc. Previously, Richard was with Montgomery Securities where he had corporate finance responsibility for the computer services sector. Richard received a BS in Accounting and Finance from Southwest Missouri State University and an MBA from Oklahoma City University.
Chuck Bernicker - Board Member
Chuck Bernicker is a payment industry veteran who brings more than a decade of experience in senior management with large companies to CardConnect. He previously served as an Executive Director at Heartland Payment Systems, where he was responsible for identifying new distribution for existing products and services, as well as applying critical analysis to Heartland’s core and non-core business units. He also served as a member of the Card Operations and Risk Executive Council for Visa/USA. He holds a bachelor’s degree in accounting from the University of Delaware.
Chris Winship - Board Member
Chris has 12 years of growth equity investing experience. His primary areas of investment focus are in payments and transaction processing, business services and outsourcing, and software. Prior to joining FTV Capital, Chris was an Analyst with Salomon Smith Barney’s media and telecommunications group. Prior to Salomon Smith Barney, Chris worked at Putnam Investments in Putnam’s sales and marketing divisions. Chris received a BA from Dartmouth College.

Financial Partners

Bank of America

Bank of America is our banking partner, and provides CardConnect with a broad national reach and the talents and resources of a highly sophisticated bank with global capabilities.

FTV Capital

FTV Capital, a private equity firm with expertise in payment processing and a long involvement in the industry, is a key stakeholder in CardConnect

Contact Us

Main Line
Toll Free
Fax
484.581.2200
877.828.0720
484.581.2201
NATIONAL SALES & OPERATIONS
HEADQUARTERS

1000 Continental Drive
Suite 600
King of Prussia, PA 19406
Google+
LinkedIn
Interested in working at CardConnect?

Our Customers

START MAKING YOUR PAYMENT PROCESSING EASIER & MORE SECURE. SIGN-UP TODAY.