Kim Fitzsimmons Joins Chase Merchant Services as U.S. Market President

Chase announced today that Kim Fitzsimmons has joined Chase Merchant Services as its U.S. Market President.

“Kim is a tremendous leader who has an outstanding record of success in the payments industry,” said Mike Passilla, CEO of Chase Merchant Services, the global payment processing, merchant acquiring and offers business of JPMorgan Chase & Co. “Kim’s strategic thinking, coupled with her business acumen, creativity and knowledge of this rapidly changing ecosystem, make her uniquely qualified for this new role.”

Fitzsimmons will oversee all marketing, relationship management and sales activities in the U.S. for Chase Merchant Services.

Fitzsimmons most recently served as CEO of Cynergy Data. Prior to that, she spent eight years at First Data as the Executive Vice President of Retail Alliance Services and Community Banks and President of Independent Distribution for North America, where she ran a 3,000-person organization generating over $1.4 billion in net revenue, as well as CEO at EFS Card Services.

In addition, Fitzsimmons has been actively involved in a number of industry organizations, serving as President of the Electronic Transaction Association (ETA) and Past President of Women in Electronic Transactions. She has earned a lifetime achievement award from the Midwest Acquirers Association and has been recognized among the most influential women in payments by Bank Technology News.

Fitzsimmons joined Chase Merchant Services on Sept. 29.

Chase Merchant Services is a leading provider of payment, fraud and data security, capable of authorizing transactions in more than 130 currencies. The company’s proprietary platforms enable integrated solutions for all payment types, including credit, debit, prepaid stored value and electronic check processing; as well as alternative and mobile payment options. Chase Merchant Services has combined proven payment technology with a long legacy of merchant advocacy that creates quantifiable value for companies large and small. In 2013, Chase Merchant Services processed 35.6 billion transactions with a value of $750.1 billion.

About Chase
Chase is the U.S. consumer and commercial banking business of JPMorgan Chase & Co. (NYSE: JPM), a leading global financial services firm with assets of $2.5 trillion and operations in more than 60 countries. Chase serves more than 70 million consumers and small businesses through more than 5,600 bank branches, 20,000 ATMs, credit cards, mortgage offices, and online and mobile banking as well as through relationships with auto dealerships. More information about Chase is available at www.chase.com, @Chase and Chase Facebook.