Carol Benson — former Deutsche Bank, Citibank, and Visa International executive

Financial Institutions Services Advisor

Ms. Benson's background has been in product development, marketing and strategy for physical world and Internet-based financial services companies. She has worked in both wholesale and retail banking in the United States and internationally. Ms. Benson has had management roles in corporate cash management, EDI, new monetary system development, payment security and authentication, credit cards, smart cards, and securities processing.

Most recently, Ms. Benson was a managing director of the Global Institutional Services division of Deutsche Bank (previously Bankers Trust), where she oversaw marketing, client online services, and Internet development.

At Visa International, Ms. Benson led a group doing the early work on credit card use on the Internet, and a group that pioneered database marketing and related consumer privacy issues. She also led the opening and management of a Visa European product development office based in Paris, where a series of electronic commerce and chip card projects innovated in bringing European banks online.

Earlier, Ms. Benson spent 12 years at Citibank, holding a series of management positions in corporate lending, wholesale cash management, and global strategy. During her tenure at Citibank, she developed a new ACH payments system for the bank, started the bank's early work in EDI payments, and led the development of a patent for an electronic factoring process.