Toccata Inc., the parent company of digital payment processing firm Segpay, has appointed David Press to its board of directors. Press brings over four decades of experience in the payments industry, encompassing card brand compliance, acquiring, risk management, and payments strategy.
New Board Appointment
The appointment of David Press to the board of directors of Toccata Inc. was announced on September 29, 2026, from Boca Raton, Florida. Toccata Inc. is the parent company of Segpay and its global subsidiaries. Press's career in the payments industry spans more than 40 years, during which he has accumulated experience in various critical areas including card brand compliance, acquiring, risk management, and payments strategy.
Cathy Beardsley, CEO of Segpay, commented on the appointment, noting Press's comprehensive understanding of the industry. Beardsley stated that Press has observed the industry from numerous perspectives and comprehends the challenges faced by payment companies due to his career experience. She added that Segpay anticipates benefiting from his experience and perspective as the company continues its global expansion.
Press also shared his perspective on joining the board. He stated that his career has involved working with payment companies at different stages of their growth and addressing the associated risk and compliance challenges. He expressed his anticipation of collaborating with Beardsley and the team, contributing his experience to the board as Segpay expands.
Press's Extensive Industry Background
David Press's professional background includes a decade at Mastercard. During his tenure there, he conducted over 400 compliance and business reviews. These reviews involved acquirers, payment facilitators, processors, and other payments organizations, as well as their partners. His work at Mastercard focused on identifying issues, strengthening controls, and ensuring compliance with card brand requirements.
Following his time at Mastercard, Press joined Paysafe. At Paysafe, he held the position of vice president of card brand relationships and compliance. In this role, he was responsible for overseeing global card brand compliance and managing key relationships with card brands. He also led a team of more than 26 compliance professionals.
Currently, Press is the founder and president of Integrity Bankcard Consultants. Through this firm, he provides advisory services to a range of industry participants. His clients include banks, payment companies, and fintechs. The advice he offers covers card brand compliance, risk strategy, and general payments advisory matters.
Segpay's Leadership and Operations
Segpay is a digital payment processing firm. The company's CEO is Cathy Beardsley. Beardsley is also listed as the President & CEO of SegPay, with a work history at Verizon Business. SegPay's management team consists of 7 executives, with Beardsley as the current President & CEO. The company operates under its parent entity, Toccata Inc., which also serves as the parent company for Segpay's global subsidiaries.
The addition of David Press to Toccata Inc.'s board of directors is intended to support Segpay's ongoing growth, particularly its global expansion efforts. His expertise in navigating risk and compliance challenges is expected to be valuable as the company continues to develop.
Key Facts
- Toccata Inc., Segpay's parent company, appointed David Press to its board of directors on September 29, 2026.
- David Press has over four decades of experience in the payments industry, including card brand compliance, acquiring, risk management, and payments strategy.
- Press spent 10 years at Mastercard, conducting over 400 compliance and business reviews.
- He previously served as vice president of card brand relationships and compliance at Paysafe, where he oversaw global card brand compliance and managed a team of over 26 compliance professionals.
- David Press is currently the founder and president of Integrity Bankcard Consultants, advising on card brand compliance, risk strategy, and payments advisory.
- Cathy Beardsley is the President & CEO of Segpay.