January 27, 2009

Matthew Lanford has been appointed as a Senior Business Leader, Europe Prepaid Product Development, at MasterCard (Purchase, N.Y.). The appointment is effective immediately.

Lanford will be responsible for innovation, product development, go-to-market strategy and commercialization of the MasterCard portfolio of prepaid products, reporting to Laura Kelly, Senior Vice President, Global Debit and Prepaid Product Solutions, MasterCard Worldwide.

Previously, Lanford managed commercial prepaid strategy and suite of prepaid healthcare solutions at MasterCard, including the development and implementation of innovative initiatives such as real-time substantiation of healthcare purchases on MasterCard prepaid healthcare cards. Before this position, Lanford was a director at Citigroup Corporate Investment Bank Global Transaction Services. He was also responsible for product development for Citishare, Citigroup's global ATM and PIN POS debit transaction processing business.