Banking tech start-up Zeta hires Karla Booe as chief compliance officer

US banking technology company and credit card processor Zeta has appointed Karla Booe as its new chief compliance officer.

Based in Little Rock, Arkansas, Booe will be responsible for driving regulatory compliance programmes for Zeta’s US-based clients.

Booe previously spent over 27 years at FIS as its deputy chief compliance officer and was responsible for providing regulatory compliance support to the products supporting the country’s largest banks.

“There has been little to no tech innovation with regard to the management of regulatory risk compliance for credit cards in the last decade,” Booe says, adding that she aims “to help drive that change” for Zeta’s clients.

Zeta enables companies to launch card programmes with its cloud-native and fully API-enabled tech stack that includes processing, issuing, lending, core banking and fraud capabilities.

The company raised $250 million from Softbank Vision Fund 2 in May 2021 and another $30 million from Mastercard and other investors earlier this year, and is valued at $1.5 billion.