Toccata Inc., the parent company of digital payment processing firm Segpay and its global subsidiaries, has appointed David Press to its board of directors. Press brings over four decades of experience in the payments industry to his new role.

New Board Appointment

The appointment of David Press to the board of directors of Toccata Inc. was announced on September 29, 2026. Segpay, based in Boca Raton, Florida, is a digital payment processing firm. Press is the founder and president of Integrity Bankcard Consultants.

Press's experience spans card brand compliance, acquiring, risk management, and payments strategy. He previously spent 10 years at Mastercard and most recently served as vice president of card brand relationships and compliance at Paysafe. At Integrity Bankcard Consultants, he advises banks, payment companies, fintechs, and other industry participants on card brand compliance, risk strategy, and payments advisory matters.

Cathy Beardsley, President & CEO of Segpay, stated that Press's perspective is valuable to the company. Beardsley noted that Press understands the challenges payment companies face, having worked through them during his career. She also mentioned that Segpay is pleased to have his experience and perspective on the board as the company continues its global growth.

Press commented that he has spent his career working with payment companies at various stages of growth and navigating associated risk and compliance challenges. He expressed his anticipation of working with Beardsley and the team, bringing his experience to the board as Segpay expands.

Professional Background

During his decade at Mastercard, David Press conducted more than 400 compliance and business reviews. These reviews involved acquirers, payment facilitators, processors, and other payments organizations and their partners. His work at Mastercard included identifying issues, strengthening controls, and ensuring compliance with card brand requirements.

Following his tenure at Mastercard, Press joined Paysafe. At Paysafe, he was responsible for overseeing global card brand compliance and managing key card brand relationships. He also led a team of over 26 compliance professionals.

Press began his career in merchant investigations and bank risk management before establishing his own consulting business. His background across card networks, financial institutions, payment companies, and consulting provides him with a broad perspective on the compliance, risk, and business challenges within the payments industry.

Segpay's Expansion and Leadership

David Press joins the board as Segpay continues its global expansion efforts. This expansion includes the company's recent launch in Australia. Segpay's current President & CEO is Cathy Beardsley, who previously worked at Verizon Business. Segpay has a management team consisting of seven executives.

Segpay provides digital payment processing services. The company's parent, Toccata Inc., also serves as the parent company for Segpay's global subsidiaries. Information about Segpay is available on Segpay.com.

Key Facts

  • David Press was named to the board of directors of Toccata Inc. on September 29, 2026.
  • Toccata Inc. is the parent company of Segpay, a digital payment processing firm.
  • Press brings over four decades of payments industry experience, including roles at Mastercard and Paysafe.
  • He is currently the founder and president of Integrity Bankcard Consultants.
  • Cathy Beardsley is the President & CEO of Segpay.
  • Segpay is engaged in global expansion, including a recent launch in Australia.