The financial services tech firm Fiserv has named Kevin Schultz the head of a newly formed group that will include consumer-focused electronic payment platforms and digital channel solutions.

Schultz has 30 years of payments and financial services experience. Most recently, he worked as president of global financial services at First Data Corp. with oversight of payment processing services to financial institutions worldwide. Previously, he worked as global head of processing services at Visa Inc., where he managed its U.S. third party processing business, global risk products and domestic processing business expansion across all regions.

"Kevin brings a strong payments background and intense client focus to his new role," President and CEO Jeffery Yabuki said in a statement. "We believe his industry knowledge and leadership experience will help us to deliver on the opportunities we see to create new value for financial institutions and their customers."

Schultz began his career in 1982 at TYME Corp., a regional ATM network, and later spent 13 years in senior leadership roles at Visa. He served as executive vice president, sales and marketing, at Global Payments Inc., prior to rejoining Visa in 2006.