PreCash Inc. has hired Jim Lerdal to be its senior vice president of operations, a new position.

Lerdal joins the company with more than 24 years of experience in financial services and operations, PreCash says. Lerdal was previously chief operating officer with Pinnacle Financial Strategies, president and CEO of International Check Services and had a ten-year career with First Data Corp.

"Jim has extensive experience in the payments and financial services industry, much of that time spent in a leadership role helping companies improve operations, implement best practices and improve customer satisfaction," said Steve Taylor, CEO of PreCash, in a Feb. 25 press release.  "As we continue expanding our retail and virtual payments presence, he will do an excellent job to ensure we maintain our tradition of operational excellence with an intense focus on serving our customers."

PreCash, which is based in Houston, provides prepaid cards and walk-in bill payment services to the underbanked. 

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