July 18, 2011, 1:49 PM

E-commerce services firm Digital River hires a payment executive from First Data

Souheil Badran will lead Digital River’s payment services arm.

Lead Photo

Souheil Badran

E-commerce services provider Digital River Inc. has hired Souheil Badran as senior vice president and general manager of Digital River World Payments, the company’s payment services arm. Badran comes from payment processor First Data Corp., where he was senior vice president and general manager of e-commerce solutions.

At Digital River, which operates e-commerce sites primarily on behalf of makers of software and other digital content, Badran will oversee strategic direction for the World Payments product portfolio. World Payment services enable online retailers to manage all payment tasks, including checkout page optimization, fraud detection and reconciliation.

“Through the Digital River World Payments solution, we are now making our payment services available on a stand-alone basis for companies from any industry looking to grow their online business,” says Joel Ronning, Digital River’s CEO. “Souheil’s deep industry experience and leadership skills will help us further leverage this competitive advantage and accelerate the growth of our payments business.”

Prior to First Data, Badran held executive positions at VeriSign, Inc., Digital Insight Corp. and Metavante Corp., according to First Data.

comments powered by Disqus

Advertisement

Advertisement

Advertisement

From IR Blogs

FPO

Allison Enright / E-Commerce

Day one with an Amazon Dash Button

My first Amazon Dash Button was delivered yesterday. My first order placed with it will ...

FPO

Reuben Hendell / E-Commerce

How branded content engages online shoppers

There are many types of content specific to a brand that can set that brand ...

Advertisement