As Payza’s Chief Compliance Officer and Director of Global Risk and Compliance, Ferhan oversees the Risk, Fraud and Compliance Departments. Ferhan’s responsibilities include the development and implementation of the company’s AML/CTF, Compliance, Fraud and Risk Mitigation policies. Ferhan is recognized as a Financial Crime Expert with robust product design knowledge and is actively involved in the product lifecycle ensuring that compliance is built in and not bolted on.

1. Ferhan Patel, CFCS, AMLCA
CCO, Director of Global Risk and Compliance
As Payza’s Chief Compliance Officer and Director of Global Risk and Compliance, Ferhan
oversees the Risk, Fraud and Compliance Departments. Ferhan’s responsibilities include the
development and implementation of the company’s AML/CTF, Compliance, Fraud and Risk
Mitigation policies. Ferhan is recognized as a Financial Crime Expert with robust product design
knowledge and is actively involved in the product lifecycle ensuring that compliance is built in
and not bolted on.
Most recently, Ferhan Patel held the position of Executive Vice President of Corporate and
Product Marketing and led the company’s product development strategies, marketing
operations, strategic alliances and new market opportunities. He was responsible for the
company’s overall marketing strategies - from product identity, placement and strategic
promotion, to corporate, public and marketing strategies and communications. Ferhan was
influential in leading Payza to win the 2013 Paybefore Award for Outstanding Newcomer in
Prepaid/Emerging Payments category.
Prior to joining Payza, Ferhan had been the driving force behind many successful e-commerce
ventures. As a consultant for TEKsystems, for example, he successfully launched the company’s
innovative health insurance portal and oversaw all aspects of the project’s life-cycle. As the co-
founder and Chief Operating Officer of AlertPay, he was responsible for the company’s
operating procedures - from Process, AML, Risk and Compliance, to Fraud Detection, KYC and
Verification; as well as the company’s product development strategies and marketing
operations. His astute technological and innovative thinking enabled AlertPay to achieve
exponential growth and excellence in the industry, earning AlertPay the Quebec Technology
Company of the Year award from benefice.net in 2010, and the 2011 Industry Alpha Award for
Excellence in Consumer Products from the Ville St. Laurent Chamber of Commerce.
Thanks to his tactical and progressive insight, Ferhan was instrumental in the integration of the
AlertPay platform with the corporate and strategic mandate of the acquiring company,

2. resulting in the successful development and deployment of the new company and online
payment processor, Payza.com.
Ferhan holds a Bachelor of Computer Science degree from Concordia University and a
Certificate in Project Management from McGill University.
Ferhan is a Certified Financial Crime Specialist (CFCS) and an Anti-Money Laundering Certified
Associate (AMLCA).