Swisscard AECS
Matthias Paessens has extensive work experience in various roles and companies. Matthias started their career at Forschungszentrum Jülich in 2000, where they worked at the Institute of Solid State Research until 2004. From 2004 to 2009, they worked as a Project Manager in the Financial Services division at Roland Berger Strategy Consultants. In 2010, they joined Credit Suisse and held various roles, including Program Services/Inhouse Consulting until 2015. Matthias then served as Head Finance Business Management & Projects at the Swiss Universal Bank from 2016 to 2017. Matthias Paessens also held the position of Head Allocations, Swiss Universal Bank from 2018 to 2020 and Head Finance Business Partner SUB IT & Regulatory Change from 2020 to 2022. Matthias'smost recent position was Head Project Management Finance Switzerland at Credit Suisse from 2022 to 2023. In October 2023, they joined Swisscard AECS GmbH as Head IT Controlling.
Matthias Paessens completed their education with a Diploma in Physics from RWTH Aachen University from 1996 to 2001. Subsequently, they pursued higher studies at The University of Bonn, where they obtained a PhD in Statistical Physics from 2001 to 2004.
Swisscard AECS
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Swisscard AECS is a joint venture between Credit Suisse AG and American Express. Swisscard AECS is the only company in Switzerland to offer the world leading credit card brands American Express, MasterCard and Visa from a single source, in the name and on behalf of Credit Suisse AG. Customers managed by Swisscard AECS have the largest choice of credit card products on the Swiss market. Thanks to the different product ranges, customers can put together a personalized combination of cards. Swisscard AECS was established as a joint venture between Credit Suisse AG and American Express in 1998. The company handles product development, sales and marketing, customer service and card processing in Switzerland on behalf of the card issuer Credit Suisse AG. As a merchant acquirer, Swisscard AECS is also responsible for expanding and handling the American Express network of points of acceptance in Switzerland. Swisscard AECS combines the strengths of its two parent companies in the credit card business, with American Express being the global leader as far as card management is concerned and Credit Suisse AG owning strong national sales channels. As a merchant acquirer for American Express, Swisscard AECS’s job is to guarantee that the customers can use their card wherever they want all over Switzerland. SIX (formerly Telekurs) and Aduno are primarily responsible for acquiring MasterCard and Visa in Switzerland.