Ron Hynes Joins UniRush as CEO

People Moves
08.07.2016 01:00 pm

UniRush, LLC, a leader in innovative consumer financial services and products including the Visa RushCard prepaid debit card and the rapid! PayCard, announced today that Ron Hynes has been appointed Chief Executive Officer. Hynes previously served as Executive Vice President of Global Prepaid Solutions at MasterCard Worldwide and, most recently, as President of Global Markets at Mozido.

"Ron Hynes is one of the most qualified and respected leaders in the prepaid payments industry. It was a once-in-a-lifetime opportunity to hire him to lead our company," said Russell Simmons, Co-founder of RushCard. "Ron shares the same values and beliefs as me – that too many American families are left without real access to financial services and therefore lack the ability to effectively participate and thrive in the economy. At UniRush, we work each and every day to change that paradigm by delivering access, value, convenience and security to millions of Americans who find themselves disillusioned with traditional banking products and services. Under Ron's leadership, I am convinced we will continue to grow and innovate while providing consumer focused financial services that all types of customers can benefit from."

"As someone who is passionate about financial inclusion, the opportunity to join UniRush was one I could not pass up," said Ron Hynes. "I am a fervent believer in the company's mission of providing effective tools and services to millions of consumers that will enable them to fully access the modern economy. RushCard is a pioneer in the industry and is well-positioned for continued growth. I look forward to being a part of this company's future successes and achievements. I am honored that Russell and the Board of Directors have chosen me to lead this extraordinary company."

"I am excited to be working with Ron and our business partners to bring new innovations and services to our customers. Our business has never been better, and with this leadership team in place we are extremely optimistic about our future," statedDavid Rosenberg, Co-founder of RushCard.

Hynes has a deep and tenured background in the payments industry, including more than a decade driving the global evolution and growth of prepaid. During his career, he has served in a variety of leadership roles, including as a founding board member of the Network Branded Prepaid Card Association. Prior to joining UniRush, Hynes was President of Global Markets at Mozido, a cloud-based mobile payments and retail engagement provider. Previously, Hynes spent nearly 10 years at MasterCard, the last four of which he was Executive Vice President of Global Prepaid Solutions, overseeing one of the company's four primary lines of business. In this capacity, he led the company's global strategy and execution of prepaid as a driver of financial innovation around the world. Under Hynes' leadership, MasterCard's prepaid business saw tremendous growth in revenue and significant share gains worldwide.