Credorax Adds Visa Alum To Board Of Directors

JoshFloumOnline payment processor and bank services acquirer Credorax has named Joshua Floum Chairman of its Board of Directors. In this role, Floum will further facilitate the company’s growth in merchant acquisition.

Prior to joining Credorax, Floum served as the EVP and General Counsel at Visa. Reporting directly to the CEO, Floum also served on the Visa Executive Committee and helped guide the company through its merger and birth as a global public company. He devised the company’s “retrospective responsibility” plan, and built Visa’s legal and government relation departments to global world-class scale. 

“With licenses now solidified across Europe and Japan and in the near future in the U.S., Credorax is on the brink of becoming the first global smart acquirer,” said Benny Nachman, CEO of Credorax. “It is therefore critical that we move forward with an even stronger global board of directors. Josh’s proven success at Visa makes him a natural to serve as our chairman. He is able to draw upon his experiences to deliver the perfect balance of legal expertise, leadership skills and deep knowledge of the intricacies of payments.”

Earlier in his career, Floum served as Chairman of the California litigation practice of Holme, Roberts & Owen, and specialized in antitrust and competition law, intellectual property, bankcard and banking practices, and telecommunications law. Floum also took on several pro bono cases while a Senior Partner at Heller, Ehrman, White & McAuliffe.

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