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MCX Names Dekkers Davidson Chief Executive Officer

The Merchant Customer Exchange (MCX) Board of Managers today named Dekkers L. Davidson its Chief Executive Officer.

Davidson, most recently Managing Director at Barclaycard US, has been a leader in the financial services and mobile industries for more than 25 years. At Barclaycard, he launched the first cloud-based mobile commerce wallet in the U.S. specifically designed to be merchant friendly, creating deals and partnerships with more than 50 retailers, along with card issuers, processors, and technology partners.

Davidson joins MCX at a time when the organization is rapidly progressing toward bringing its customer-focused and securely-delivered mobile payments solution to market. In recent weeks, the group has announced relationships with leading technology partners, Gemalto and FIS. And it has bolstered its already robust roster of major retail brands with the recent addition of Circle K, Phillips 66 and Southwest Airlines. MCX merchants now represent more than 20 of the National Retail Federation’s Top 100 merchants. Collectively, the group’s members operate nearly 90,000 stores and process more than $1 trillion in payments each year.

“The strength of the customer experience, the breadth of acceptance, and the quality and security of technology the MCX solution will offer provides MCX with a historic opportunity to improve the shopping and paying experience for customers,” said Davidson. “I’m excited and honored to have the opportunity to lead this initiative for such a prestigious group of merchants. Great things are ahead.”

Previously, Davidson led management consultancy Oliver Wyman’s U.S. mobile practice, and he managed investing activity in the mobile sector for Fidelity Ventures. Davidson also held chief executive roles at c3, a multi-carrier online mobile retailer of mobile devices and services, and Cetacean Networks, a data-networking startup backed by leading venture-capital firms Charles River and Prism Ventures. During the mid to late 1990s, he led Sprint PCS’ start-up mobile operation in the New England area, and was Regional President of Rogers Cantel, helping drive the turnaround of Canada’s largest mobile operator.

In announcing MCX’s new leader, the Board released a joint statement saying “it was imperative for MCX to select a CEO who has a strong passion for the customer, who understands the emerging mobile payments industry, and who also aligns with the key objectives of MCX. In Dekkers, we have found someone uniquely qualified for this role.”

For additional information on MCX, including a more thorough but not complete list of participating merchants, visit MCX at http://www.mcx.com or email [email protected].

About MCX

Founded in 2012, Merchant Customer Exchange (MCX) seeks to lead the shift to mobile payments by providing better shopping and paying experiences for customers and merchants alike. Backed by leading merchants such as 7-Eleven, Inc., Dunkin’ Brands and Best Buy, MCX’s owner-members include leaders in the big-box, convenience, drug, fuel, grocery, quick- and full-service dining, specialty-retail, and travel categories. These companies collectively operate nearly 90,000 stores and process more than $1 trillion in payments annually, giving MCX scale and ubiquity unparalleled within the mobile payments industry. The company operates from offices in Dallas, TX, and Boston, MA. For more information, visit http://www.mcx.com.

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