Dan Schatt, formerly general manager of financial innovations at PayPal, has moved on from San Jose-Calif.-based company, Bank Innovation has learned. Schatt joined PayPal in 2007 and took over as GM of financial innovations in 2009. He was in charge of the payments company’s innovation efforts and helmed PayPal’s movement toward brick and mortar point-of-sale payments in recent years. PayPal confirmed Schatt’s departure “to pursue other opportunities.” Bank Innovation was told anecdotally that Schatt may be at work on a book. PayPal declined to comment on Schatt’s replacement. Efforts to contact Schatt were unsuccessful at press time. PayPal is a subsidiary of eBay, Inc.
↧