CrossCheck, Inc., the nation’s third largest check approval and guarantee company, announced the addition of David Kilat, Senior Vice President of Business Analysis and Operations, to their executive management team. Kilat will oversee the development and implementation of strategies and processes to increase business efficiencies and assist the launch of new payment products into the merchant marketplace.
“Revolutionary changes in the payments industry, in terms of technology and new banking regulations, have created a unique pathway for innovative companies like CrossCheck to enhance existing services as well as develop new products that will simplify the transaction process for many U.S. merchants,” stated David Kilat. “I see unlimited potential for this 25-year-old company and look forward to advancing its long term corporate mission.”
Kilat, a Certified Public Accountant, has over 28 years of accounting and leadership experience with companies in the insurance, collection and debt recovery industries. Most recently, as Vice President of Finance for the collection company Transworld Systems, Inc. (TSI, an NCO company), his management team led 19 call centers and over 100 sales offices to record level profits. Kilat spent 16 years in the corporate finance division of Fireman’s Fund Insurance Companies, and has served as a corporate accountant and comptroller for such companies as AIG, PG&E, and Price Waterhouse.
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