Industry & Services >> CEO Interviews >> November 11, 2003

Larence Park – Wildcard Systems

LARENCE PARK has been Chairman, President and Chief Executive Officer of WildCard Systems, Inc., since its transformation into an electronic payments business in 1997. Prior to WildCard Systems, Mr. Park was Chairman and Chief Executive Officer of one the fastest growing merchant credit card processors of its kind (acquired by Paymentech). Before re- entering the electronic payments business, he was President of an independent investment management firm. Prior to that, Mr. Park was COO and CFO of NaBANCO. During his nearly 10-year tenure, NaBANCO became the preeminent player in the credit card processing industry. Mr. Park and the other four top executives of NaBANCO acquired the company in an LBO and later sold it to First Financial Management (now First Data, NYSE: FDC). Mr. Park has served on the Boards of Directors of a number of privately held companies and not-for-profit community organizations. He holds a BS in Finance from Ohio State University, an MBA from the University of Miami, and has completed most of the coursework in the PhD program in Economics at the University of Miami. Profile
TWST: Can we start out with a history and overview of WildCard Systems?

Mr. Park: WildCard Systems is a payment processing company. We entered

the industry in a very specific niche ' the