California-based risk management and e-payments solutions provider CyberSource Corporation has appointed Scott Loftesness, former Visa International and First Data Merchant Services executive, to the company's board of directors.
Loftesness was group executive for First Data Merchant Services and senior vice president at Visa International. He has also served as managing director at Fidelity Capital.
His career also includes senior line operating management positions in payments, payment-related technologies, electronic commerce, and IS/IT technologies.
Loftesness joins board members Bill McKiernan of CyberSource, Stephen Novak of C.E. Unterberg, Towbin, Richard Scudellari of Morrison & Foerster, Jack McDonnell of Transaction Network Services, Kenneth Thornton, formerly of IBM, and Ken Harris of Gap Inc.