LONDON (25 July 2019) - Elavon, a leading global payments provider and subsidiary of U.S. Bancorp, is pleased to announce the appointment of Scott Frisby as its new Head of Strategy for the European region.
Scott will lead Elavon’s European strategy as it capitalizes on the growth of alternative payment methods, PSD2 and Open Banking. He will also drive M&A activity in Europe.
Scott joins Elavon from First Annapolis Consulting (now part of Accenture), a boutique payments strategy firm, where he advised banks and payment companies on M&A, new payment technologies, new product development launches and developed strategies to enter new markets. Prior to this he spent over a decade at Visa Europe where he was a Vice President and Managing Consultant. At Visa, Scott was responsible for engagement with Visa’s largest debit portfolios in Europe and launched Visa’s consulting practice in Central Europe. In addition to having significant M&A and business transformation experience, Scott has worked across key functions of the payments industry including developing new digital products and technologies.
Hannah Fitzsimons, Executive Vice President and General Manager at Elavon Europe said: “Scott joins the business at an exciting time as we push for further growth in the European region. He brings with him a wealth of expertise and knowledge of the industry and in adopting new technologies that will be instrumental in our growth.”
Commenting on his appointment, Scott Frisby said: “I’m delighted to join Elavon, a top payments and eCommerce company. I look forward to furthering our European market development, building new payments capabilities and leveraging new strategic partnerships.”
In Europe, Elavon has currently market-leading operations in the UK, Ireland, Germany, Norway, Poland and Spain. Its recent customer and partnership contract wins include Société Generale, BPost, Amadeus and ePages.
Elavon Financial Services DAC, trading as Elavon Merchant Services, is regulated by the Central Bank of Ireland and the Prudential Regulation Authority and subject to limited regulation by the Financial Conduct Authority and Prudential Regulation Authority. Details about the extent of our authorisation and regulation by the Prudential Regulation
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Notes to Editors
Elavon is a leading global payments company with more than 4,300 employees and operations in 10 countries. A subsidiary of U.S. Bancorp (NYSE:USB), Elavon provides businesses with the technology needed to accept payments from customers, whether they are shopping in stores, at home or on the go. Its platform is distinctive in that it is common across countries, making it easier for businesses to get their payment system up and running quickly and securely.
About U.S. Bank
U.S. Bancorp, with 74,000 employees and $467 billion in assets as of December 31, 2018, is the parent company of U.S. Bank, the fifth-largest commercial bank in the United States. The Minneapolis-based bank blends its relationship teams, branches and ATM network with mobile and online tools that allow customers to bank how, when and where they prefer. U.S. Bank is committed to serving its millions of retail, business, wealth management, payment, commercial and corporate, and investment services customers across the country and around the world as a trusted financial partner, a commitment recognized by the Ethisphere Institute naming the bank a 2018 World’s Most Ethical Company. Visit U.S. Bank at www.usbank.com or follow on social media to stay up to date with company news.