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IndustryUpdate




        APPOINTMENTS                                              Marqeta taps Crystal Sumner

                                                                  Marqet Marqeta, a modern card issuing platform, select-
          Mercantile Processing hires Ben Gray                    ed Crystal Sumner as its chief legal officer.  As a key
                                                                  member of Marqeta's executive team, Sumner will be
          Ben Gray joined the growing Mercantile Processing Inc.   responsible for overseeing Marqeta’s global legal and
          team and will be serving as the chief operating officer.   regulatory affairs. Sumner comes to Marqeta from
          Gray comes to MPI with extensive leadership and busi-   cloud-based  banking  platform  Blend,  where  she was
          ness operations skills, having served 12 years in the   responsible for building and scaling all aspects of the
          hospitality sector, where he directly impacted the fiscal   legal, compliance and risk functions.
          and people management of over 200 employees and
          $100 million in assets, MPI stated.  At MPI, he will be   Most recently, she held Marqeta's head of legal, compli-
          responsible for scaling the company’s rapid growth by   ance and risk role, leading Blend through its IPO in 2021.
          increasing operational efficiencies and enhancing the   Prior to Blend, Sumner was an enforcement attorney at
          company culture.                                        the Consumer Financial Protection Bureau. a, a modern
          Dan Ruppe signs on with MAP                             card issuing platform, selected Crystal Sumner as its
                                                                  chief legal officer. As a key member of Marqeta's execu-
          Member Access Processing, a provider of Visa DPS debit,   tive team, Sumner will be responsible for overseeing
          credit,  ATM, prepaid, and mobile processing to credit   Marqeta’s global legal and regulatory affairs.
          unions, welcomed Dan Ruppe as senior vice president of
          product services. Ruppe will lead MAP’s growing suite   Sumner  comes  to  Marqeta  from  cloud-based  banking
          of payment services, including the management of third-  platform Blend, where she was responsible for building
          party solutions from the nation’s leading providers. An   and scaling all aspects of the legal, compliance and risk
          experienced product strategist and leader at such com-  functions. Most recently, she held Marqeta's head of
          panies as PaySys International, Hogan Systems, PSCU     legal, compliance and risk role, leading Blend through
          and First Data Corp., Ruppe brings over three decades of   its IPO in 2021. Prior to Blend, Sumner was an enforce-
          experience in the card payments industry to MAP.        ment attorney at the Consumer Financial Protection
                                                                  Bureau.














































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