Blockchain Firm Nuggets Names Eric Warfel As Strategic Advisorbr>
Nuggets, a blockchain ecommerce and ID platform that removes the need for sharing personal or payment data with merchants, has announced that Eric Warfel has joined the company as Strategic Advisor.
A Silicon Valley native, Warfel has spent over 15 years of his career in the payments and FinTech sectors. Most recently, at Citi Ventures, he focussed on exploring ways for the bank to leverage blockchain technologies. He joined Citi from Visa, where he held multiple leadership roles in the Digital Product organization. At Visa, he built and led a team of Visa product owners and engineers focused on developing innovative use cases, to showcase existing products and help with client adoption. Warfel has also held various product and technology roles at PayPal and Gap.
As Nuggets’ Strategic Advisor, Warfel will provide strategic guidance as the company experiences increasing demand from banks and payment service providers for its authentication platform, which offers a compliant Strong Customer Authentication (SCA) solution.
In addition to the impending SCA deadline, the company said that Warfel’s appointment is particularly timely as Nuggets recently announced its participation in Cohort 5 of the FCA’s Regulatory Sandbox, where testing on an innovative solution that saves individuals and businesses from having to store KYC documents with third parties has been hugely successful where integration with a number of Payment Service Providers (PSPs) has already begun.
“I’m thrilled to have this opportunity to keep innovating in the payments space, and excited to work with such a forward-thinking company,” Warfel said. “In many ways, Europe is taking the lead in personal privacy. Nuggets is helping to shape a future where identity and commerce are controlled by the end user, making it a very exciting time to join the company.”
“Eric has years of leadership experience at some of the largest companies in payments,” said Seema Khinda Johnson, Co-founder and COO of Nuggets. “We’re delighted he’s joining the team, at such a pivotal time in our roll out. We’ve already generated amazing momentum this year, and now, with Eric’s incredible insight, knowledge and network, we can push Nuggets even further forward.”