Citi, Visa, Paypal Exec Joins A Blockchain Startup

Erik Warfel, previously a Senior Director, Token Applications at Visa, latee responsible for distributed ledger POCs at Citi Ventures, will provide strategic guidance to Nuggets, a blockchain startup, that intends to integrate DLT into the banking and payments sectors.

In September 2019, new requirements for online payments will be introduced in the EU as part of the second Payment Services Directive (PSD2), requiring banks to open up their APIs to third party providers of payment services.

Eric Warfel will help Nuggets operate in this new regulatory environment:

“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.”

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