|Richard J. O’Brien
President & CEO, Payment Pathways, Inc.
The founder of Payment Pathways and co-inventor of PPI’s patents, Mr. O’Brien’s career spans three decades in the information and communications technology marketplace where he established a reputation for taking ideas and creating entire new sources of revenue. He established Peering and Financial Exchanges for the satellite, options, and trading industries for Equinix. He closed EQIX’s first Fortune 10 customer and led the financial (trading) community to migrate global network hubs, Web, and email operations to Equinix. He also constructed its foreign partnership in Brazil in order to close a Fortune 50 customer.
At Starburst Software, Rick sold the first commercial multicast file transfer technology for global Web caching and simultaneous database updates across various security enclaves in the DoD, Intel and Satellite industries.
In 1994 he introduced the first Windows desktop video teleconferencing software solution company, InVision, driving revenue over $1M within the first six months of product launch. In 1991, he led the sales force of the first fax server software company, SofNet, driving revenue over $2.5 million in the first year of the company’s existence.
In the eighties, his projects included privatizing Telebit’s spread spectrum digital signal processors to accelerate sales for GE Medical Systems, and introducing and selling the first commercial use of DES technology to the Fed, coupled with writing the specification for the first DES-based security processor to automate ACH payments in production control systems. This ACH dial-access capability enabled first use of on-demand “just-in-time” payments to GM’s supply chain for First National Bank of Chicago and Digital Pathways. It exceeded product lifetime expectations and was decommissioned after more than a decade of high-volume payment processing.
Rick has a BA in English Literature from McGill University, Montreal, Quebec