Mike Duffy, President of Chase Paymentech, passed away Thursday March 7, 2013. From his early roots in our Salem, NH, office to his tenure in Dallas, TX, Mike’s leadership was marked by passion, authenticity and integrity. He was a brilliant leader and a pioneer in the payments industry. Mike forged strong connections with his people – across his entire organization. He possessed a unique mix of strategic vision and pragmatic, real-world understanding of our systems, capabilities and the employees, knowing they were the cornerstone of the business.
Prior to joining Paymentech, he was the Chief Financial Officer at Litle & Company, a credit card processor that later became part of Paymentech. Mike’s industry expertise also includes past leadership roles with Equifax Credit Information Services and Equifax Credit Bureau Marketing.
Recognizing the rapid growth rate and consumer demand for online commerce, Mike led the development of technology innovations and risk management practices that have become ubiquitous in the payments industry. Mike served the industry in numerous formal and informal leadership roles. This included his advisory board participation with Visa®, MasterCard®, Bill Me Later® and IP Commerce, as well as in merchant-led industry trade associations, such as Direct Response Forum and the Merchant Risk Council.
Mike assisted so many in our community in his own unassuming way, and touched others with his wisdom and wit. We send our thoughts and deep condolences to Mike’s family and loved ones. He will be missed.