Suggestions
Dennis Jarosch
Head of Payment Platform
Dennis Jarosch is the Head of Payment Platform at Square, where he plays a pivotal role in enhancing payment solutions for businesses. He has been instrumental in partnerships that aim to simplify payment processes, notably through the collaboration with Plaid to facilitate Automated Clearing House (ACH) payments for U.S. merchants. This initiative allows businesses to accept ACH payments via Square's services without needing to manage sensitive banking information, thereby improving transaction efficiency and security.12
Background and Expertise
Jarosch has a strong foundation in chemical engineering, having earned both his master's and PhD from Western University. His early career included working at Velocys in Ohio, followed by a position at Corning, where he tackled technical challenges related to glass production, particularly during the COVID-19 pandemic when there was a surge in demand for glass vials.
Current Role at Square
In his current position at Square, Jarosch emphasizes the importance of payment flexibility, security, and transparency. He articulates that offering ACH payments can significantly benefit businesses by allowing them to process large transactions at lower costs while minimizing concerns about compliance and authentication.12 His leadership in this area reflects a commitment to adapting payment solutions to meet evolving market needs.
Professional Focus
Currently, Jarosch is focused on leveraging his technical background and leadership experience to drive innovations in payment processing, ensuring that Square remains at the forefront of financial technology solutions for merchants.