CardConnect, an independent sales organization of First Data Merchant Services, has hired payments veteran Scott Dowty as chief revenue officer.
His responsibilities for the King of Prussia, Pa.-based CardConnect will include overseeing all sales and marketing initiatives, expanding customer outreach, and managing the company's strategic partnerships and acquisitions, according to an Oct. 8 press release.
Dowty has more than 20 years of industry experience. Prior to joining CardConnect, Dowty served as Executive Vice President of Sales and Chief Marketing Officer at Global Cash Access, Inc., where he drove the company's global expansion. He also held various executive management positions at First Data International, CIBC Card Products, now Global Payments Canada. Dowty began his professional career in 1990 when he founded a toiletry manufacturing, distribution and marketing company.
Dowty has an impressive track record of driving growth for companies, Jeff Shanahan, president and chief executive officer of CardConnect said in the release. "He will serve a vital role in helping us execute on our strategic growth plan," especially growing demand for payment security solutions.
CardConnect holds two patents on tokenization technology from the U.S. Patent & Trademark Office uses point-to-point encryption to protect cardholder data. Earlier this year the company started to offer merchants EMV-card acceptance technology.