Syncada Names Kathleen Nugent as New Global Head of Product Solutions

MINNEAPOLIS--(BUSINESS WIRE)--Syncada from Visa announced today that Kathleen Nugent has joined the company as Global Head of Product Solutions in Minneapolis. Nugent most recently served as a consultant for various organizations within the electronic payments industry.

“With Syncada, these partners—despite fluctuating economies, increasing globalization, and complex regulations—can meet challenges, surpass expectations, and increase competitive advantages.”

“Kathleen’s financial product expertise will truly be an asset for Syncada,” states Kurt Schneiber, Chief Executive Officer at Syncada. “A dynamic leader, Kathleen will continue developing our vision for the financial supply chain, ensuring that the Syncada network fulfills participant needs, expands customer capabilities, and connects global partners.”

Nugent will lead the Syncada Product Solutions team, as well as play a key role in enhancing Syncada’s offerings both in response to and in anticipation of changes and growth in the financial supply chain. With more than 20 years of experience, Nugent has held leadership roles at a broad range of financial services, software, and banking organizations, including Paymetric, JP Morgan Chase/Bank One, PaySys International, and Accenture. Nugent specializes in business-to-business (B2B) financial services solutions, particularly those for the electronic payment, commercial, purchasing, and credit card industries.

“The financial supply chain demands a solution that connects banks, buyers, and suppliers,” says Nugent. “With Syncada, these partners—despite fluctuating economies, increasing globalization, and complex regulations—can meet challenges, surpass expectations, and increase competitive advantages.”

Nugent earned her B.A. in Journalism and her M.B.A. in Finance and Investment Banking from the University of Wisconsin.

About Syncada

Syncada from Visa provides a business-to-business network for financial institutions to enable clients to increase control over their financial supply chains, regardless of language or currency. Financial institutions use Syncada to deliver standardized invoice processing and payment with integrated financing to their corporate and government clients. Syncada processes invoices for hundreds of buyers and makes payments to tens of thousands of suppliers in 47 countries. In 2011, Syncada processed more than US$21 billion in payments and millions of invoices and trade documents. Visit www.syncada.com for more information.