Tom Dailey
FounderTom Dailey Consulting
Tom Dailey is the Founder of Tom Dailey Consulting. He is a former management committee executive at Discover and senior vice president, head of Discover's merchant network and Discover's bankcard business, which included Mastercard and Visa processing. Following 22 years at the company, he most recently served as an Advisory Director to Discover/Morgan Stanley; he retired in 2005. In this role, Mr. Dailey was responsible for a $2 billion dollar division including merchant acceptance, marketing, product development, finance, sales, information technology and operations. He was involved in the original inception and founding team of the Discover Card in 1985. Mr. Dailey is also a member of the Board of Directors of Merchant e-Solutions, a payments processing company, and the Advisory Board of Progress Financial Corp., a hispanic-oriented micro-lender. He is also engaged in private consulting for the financial services industry and president of Valtegrics. (This is me - Update Profile)
| 2005 - present | Founder Tom Dailey Consulting |
|---|---|
| 2002 - 2005 | Board Member Merchant Esolutions, Inc. |
| 1983 - 2005 | SVP/Management Committee Morgan Stanley |
GLG Study Groups with Tom Dailey(?)
| Study Group Name | Members |
|---|---|
| Stored Value Credit Product Experts | 253 |
| Direct Mail Marketing Experts | 408 |
| Direct Mail Marketing Experts (North America) | 375 |
| Check Processing Experts | 564 |
GLG NewsSM Analyses by Tom Dailey(?)
Discover's acquisition of the Diners Club global network could greatly improve Discover's merchant acceptance. However, there are major technical and operational hurdles involved in integrating the two networks.
Credit Card delinquency and chargeoff rates are still tracking below historic highs. There are signs that 2007 account vintages, especially those at or near subprime scores, may be among the worst performing vintages ever. Card issuer guidance on delinquencies, writeoffs and loan loss provisions...
- Plastic Cards as access devices to various types of payment accounts will continue to be important but will increasingly give way to alternative access methods - These alternative access methods will include devices such as smart-card enabled devices such as cell phones, watches or other devices and...
GLG InstituteSM Seminars with Tom Dailey(?)
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