Scott Loftesness

Scott Loftesness

Passbook is an important step forward in providing a system-level function (a “wallet” with services) to developers for closed loop applications. It will be fun to watch what emerges from the creativity of the iOS developer community as they explore how value could be created – and exchanged – using the new capabilities of Apple’s Passbook.
— My Take: Apple’s New Passbook -- Payments Views, June 2012

Scott is a founding partner of Glenbrook.  He is currently focusing his work at Glenbrook on payments innovation, mobile payments, and social media / Web 2.0 in banking and financial services.

With more than 30 years' experience in information technology — as a technologist, senior executive, board member, venture investor, consultant, advisor, and mentor — Scott brings seasoned judgment and a unique business perspective to his work with Glenbrook.

Earlier, Scott was group executive vice president at First Data Merchant Services. Scott also was group executive vice president at Visa International, where he led the development of Visa's global payment systems strategies, including Visa's research and development initiatives related to card payments, Internet payments and advanced card technologies.

Scott began his career as a systems engineer with IBM where he held a series of technical management and product planning positions over the course of seventeen years.

Scott was co-inventor of US Patent 6,332,126 and US Patent 7,840,459.

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