General Counsel, Secretary and Chief Compliance Officer
David Durant serves as General Counsel, Secretary and Chief Compliance Officer for YapStone. In his role, he manages and leads YapStone’s legal, compliance, and government affairs initiatives. With significant experience and expertise in legal compliance and payments, David leads the company’s money transmitter license process in the U.S. as well the payment institutions license in Ireland. Prior to YapStone, David spent ten years at Blackhawk Network Holdings, Inc. (NASDAQ: HAWK), where he led Blackhawk’s legal, compliance (initially serving as CCO) and government affairs initiatives and built a team of over 40 in-house legal, compliance and government affairs personnel. During his tenure, David also led Blackhawk’s legal efforts through an IPO and spin-off from Safeway Inc., as Blackhawk expanded into over 20 countries and grew to 1,800 employees and $1.4 billion in annual revenue. David also served as General Counsel, Secretary and Director of Blackhawk Network California, Inc., and led the efforts of Blackhawk Network California to secure money transmitter licenses in 48 U.S. jurisdictions and Puerto Rico. In February 2015, he was named one of the Top 10 Payments Lawyers by Paybefore.com. David received his J.D. from University of Chicago Law School.
Chief Risk Officer
Mike Gramz is responsible for leading risk management functions at Yapstone focused on delivering innovation that provides world class risk and fraud solutions making it safe, secure, simpler and easier for our partners and customers to process transactions. Mike is a payments industry veteran spending much of his career focused on credit, fraud, loss provisioning and reserves, compliance and regulatory policy, PCI, and data security. He has over 27 years of financial services experience at such FinTech companies as Merchant e-Solutions (a Cielo company) as Chief Risk Officer and Board Director and 17 of those years at Bank of America where he was Chief Risk Officer for Bank of America Merchant Services (BAMS) and a key strategic contributor in the formation of the acquiring joint venture with First Data Corporation. As a risk executive for Bank of America over the years he was responsible for Global Corporate Banking product risk, oversaw card brand acquiring relationships, led Global Treasury Services compliance, and was accountable for all consumer and corporate compliance functions in Canada and Latin America including businesses in Brazil, Argentina, Chile, Uruguay, and Mexico.