 | Andrew SchmidtResearch Director, Global PaymentsTowerGroupAndy Schmidt is a Research Director in TowerGroup's Global Payments service. He focuses on trends and developments in the payments back office, including payments hubs, mobile payments, service-oriented architecture, payments convergence, standards, and anti-money laundering. Andy has 20 years of experience in the financial services industry as both a banker and a consultant.
Andy joined the Global Payments practice after nearly four years with TowerGroup's Specialized Advisory Group, where he was a Manager focusing on the payments industry. Projects he led include estimating the size of the global check-imaging market and performing an in-depth analysis of debit usage in the Nordic retail banking market.
Before joining TowerGroup, Andy held management positions at Ernst & Young, LLP, and @stake, Inc., where he provided information security consulting services to the financial services and software industries. Previously, he gained over a decade of experience in financial services working at Fleet and BankBoston (now Bank of America), where he held positions in operations, loan recovery, and commercial lending.
Andy received an MBA magna cum laude from Babson College, where he focused on business and market strategy, and a BA in government from Colby College. |