Technology/Services

MCX Appoints New CEO

Mooney replaces Davidson at CurrentC mobile wallet developer

BOSTON -- Merchant Customer Exchange (MCX), the developer of the CurrentC mobile payment platform, has appointed financial services and payment industry veteran Brian V. Mooney as the company’s interim CEO. He succeeds Dekkers Davidson, who is leaving MCX to pursue other opportunities.

Brian Mooney Merchant Customer Exchange MCX CurrentC mobile wallet (CSP Daily News / Convenience Stores / Gas Stations)

Mooney was most recently CEO and a board member of Bank of America Merchant Services, one of the largest U.S. merchant payment acquirers, serving a significant segment of large U.S. merchants and handling billions of transactions. He oversaw all aspects of client engagement, product strategies including mobile, sales, operations, risk and compliance.

He was previously CFO and later president of First Data Merchant Services, which provides payment technology and services to millions of merchants including many with global operations.

“Brian is a proven leader who has spent a substantial portion of his career at the forefront of payment technology, processing and acquisition. He is the right leader for MCX now: talented, experienced, consumer-focused, and fully prepared to help MCX and its hard-working employees deliver on the company’s enormous potential and vision,” MCX said in announcing Mooney’s appointment.

“We appreciate the contributions Dekkers has made to MCX in helping establish the foundation for the company’s growth and success,” it continued. “We wish him well in his new endeavors.”

Mooney said he will “build on [the] foundation,” MCX has created and will focus on “making CurrentC the consumer-preferred mobile payments app.”

Boston-based MCX is building a customer-focused and security-driven mobile payment solution that it believes will deliver a better payment and shopping experience for customers and merchants. MCX’s owner-members include leaders in the big-box, convenience-store, pharmacy, fuel, grocery, quick-service restaurant (QSR) and full-service dining, specialty-retail and travel categories. Collectively, these companies operate more than 110,000 locations and process more than $1 trillion in payments annually.

MCX convenience store merchants include 76, 7-Eleven, Alon Brands, Circle K, Conoco, ExxonMobil, GetGo, Kum & Go, My Goods Market, Phillips 66, QuikTrip, RaceTrac, Sheetz, Shell and Sunoco.

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