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MasterCard hires MD for access prepaid worldwide subsidiary

MasterCard Worldwide has hired Debra Janssen as managing director of its Access Prepaid Worldwide subsidiary, effective immediately.

In her new role, Janssen will oversee operations and continue to advance the Access Prepaid Worldwide business.

She will add this position’s roles and responsibilities to her current purview as group executive, integrated processing solutions at MasterCard.

Janssen replaces Mark Horgan, who is leaving Access Prepaid Worldwide to join UK-based retailer Sainsbury.

Prior to joining MasterCard in 2009, Janssen served as executive vice president of EFT Processing Services for Fidelity Information Services.

Prior to Fidelity Information Services, Janssen held the position of president of Debit Services Group and the STAR Network at First Data Corporation, where she oversaw the Debit and ATM processing business for more than 6,000 financial institutions.

MasterCard Worldwide chief product officer of core products Timothy Murphy said Debra brings to the group an impressive background and experience within the prepaid market, and has had extensive involvement with the Access team through her leadership of IPS, which forms a critical component of the Access offering.

Access Prepaid Worldwide is focused on the management and delivery of consumer and corporate prepaid travel cards to business partners around the world, including financial institutions, retailers, travel agents and foreign exchange bureaus.