Pavan Kumar Joshi is a seasoned technology executive with a deep passion for FinTech. With over 18 years of experience, he has played a pivotal role in building and scaling enterprise-level payment platforms at Fiserv. Based in the San Francisco Bay Area, Pavan continues to lead strategic initiatives that shape the future of payment solutions across multiple regions globally.
Pavan Kumar Joshi completed his Master’s in Computer Applications from the University of Rajasthan in 2006, graduating with honors. Prior to his master’s, he earned a Bachelor of Science degree, majoring in Mathematics and Physics. During his academic years, he collaborated on numerous academic projects with his professors. Notably, he undertook an internship with the Rajasthan State Industrial Department and Investment Corporations Ltd (RIICO), where he contributed to developing a web application for tracking and submitting tax and revenue details by companies and factories to the state department.
🏢 Professional Experience:
Pavan is currently the Vice President of Engineering and an Expert Engineer at Fiserv, bringing over 18 years of experience in the technology sector. He has dedicated most of his professional career to FinTech, focusing on building enterprise-level payment platforms. At Fiserv, Pavan has been instrumental in developing an omnichannel payment platform for in-person payment acceptance, which has fully gone live and is now serving enterprise merchants with over $200 million in gross processing volume annually. He also leads the strategy and delivery of SoftPOS solutions on iPhone and Android devices across regions such as the US, Asia Pacific (Australia and Singapore), and LATAM (Brazil).
Prior to this, Pavan led the launch of a credit card customer portal utilized by over 100 financial institutions and more than 2 million credit cardholders in the USA. As a Director of Engineering, he spearheaded a team that reimagined the merchant onboarding system for small and medium businesses in the US market. This initiative, which was the company’s first cloud-native application deployed on AWS, enabled significant cost savings by sunsetting multiple legacy systems.
Before joining Fiserv, Pavan worked at Accenture, where he contributed to JP Morgan Chase’s Capital Markets division by helping to create a modern platform using Java, Spring, and reactive frontend technologies.
Author Metrics:
Years of Experience: 18+
Current Role: Vice President of Engineering & Expert Engineer at Fiserv
Technological Expertise: FinTech, Cloud-native applications, Java, Spring, Payment Processing Systems
Global Impact: Projects in the USA, Asia Pacific, and LATAM regions.
Research Interests:
Pavan’s research interests lie in the FinTech space, with a focus on payment processing systems, cloud-native applications, and the integration of emerging technologies to enhance financial services. He is particularly interested in exploring new technologies that can drive innovation in the financial sector, improving both user experience and operational efficiency.
Top Noted Publication:
Title: Implementation of AES DUKPT in Software Point of Sale: Enhancing Security in Digital Payment Systems Author: Pavan Kumar Joshi Journal: International Journal of Science and Research (IJSR) Volume/Issue: 13(8) Pages: 46-48 Year: 2024 Summary: This paper discusses the integration of the Advanced Encryption Standard (AES) Derived Unique Key Per Transaction (DUKPT) in software-based Point of Sale (SoftPOS) systems. The study highlights the significance of AES DUKPT in enhancing the security of digital payment systems, emphasizing its role in safeguarding transaction data from cyber threats. The implementation of this encryption method ensures that each transaction uses a unique key, adding a critical layer of security and data integrity in payment processing environments.
Title: Encryption of Host-to-Host Payment Transactions Using Master Session Key Implementation for Multi-Merchant Acquirer Integration via a Single Payment Gateway Platform Author: Pavan Kumar Joshi Journal: Journal of Artificial Intelligence & Cloud Computing Volume/Issue: 1(3) Pages: 1-3 Year: 2022 Summary: This paper explores the encryption techniques employed for host-to-host payment transactions, particularly focusing on the implementation of a master session key. The study provides insights into how this encryption method facilitates the integration of multiple merchant acquirers through a single payment gateway platform. It addresses the challenges of secure communication between hosts and underscores the importance of encryption in protecting sensitive transaction data in a complex, multi-merchant environment.
🎉 Congratulations Mr. Bahati Sanga on Winning the Best Researcher Award! 🏆 Your dedication to research, mentorship, and collaboration with international teams is truly commendable. This award is a testament to your outstanding work and the impact it has on the broader community.
Mr. Bahati Sanga is a distinguished researcher and leader in the field of Development Finance, celebrated for winning the Best Researcher Award. With over 22 years of professional experience, including 16 years in senior management and leadership roles within development financial institutions, he has demonstrated expertise in digital transformation, organizational reforms, change management, strategic planning, and development finance.
The impact of technological innovations on financial deepening: Implications for SME financing in Africa
FinTech and SMEs financing: A systematic literature review and bibliometric analysis
EXPERIENCE
Feb 2022 – Present Acting Director (CIO), Corporate Information Technology Services African Development Bank Group (AfDB), Abidjan, Ivory Coast
Overseeing the Bank’s Digital Vision implementation.
Defining and executing the Bank’s digital strategy.
Managing a budget of USD 33 million.
Leading teams in preparing budgets for digital transformation projects.
Jan 2019 – Present Manager, Regional IT Coordination and Business Continuity Management African Development Bank Group, Pretoria, South Africa
Establishing good relations between IT and Business stakeholders.
Implementing decentralization strategy for sectoral and operational activities.
Leading Business Continuity Management Program.
Jan 2013 – Dec 2018 Division Manager, Client Services African Development Bank Group, Ivory Coast
Devising digital strategy and coordinating IT Service Management processes.
Managing allocated resources and championing organizational changes.
Managing communication and awareness of IT services.
Jul 2010 – Dec 2012 Chief Client Technology Services Coordinator African Development Bank Group, Tunisia
Implementing IT Service Management processes and strategies.
Managing client relations during significant IT incidents.
Establishing “General Service Desk” as a “one-stop shop.”
Sep 2003 – Jun 2010 Director of Information and Communication Technology (CIO) Tanzania Investment Bank (now TIB Development & TIB Corporate Banks), Tanzania
Oversaw implementation of various large business applications.
Coordinated multilateral discussions to establish Tanzania’s first shared ATM/POS network.
Developed and implemented departmental organization changes, policies, and procedures.
EDUCATION & PROFESSIONAL QUALIFICATIONS
Jan 2021 PhD Candidate in Development Finance (In progress) University of Stellenbosch Business School, Cape Town, South Africa
Dec 2020 Master of Development Finance (MPhil) (Cum Laude & Top Student Award) University of Stellenbosch Business School, Cape Town, South Africa
Nov 2010 Master of Business Administration (MBA) (Best Student Award) Eastern and Southern African Management Institute (ESAMI), Tanzania
Jun 2003 Master of Science (MSc), Computer Science (Canadian Graduate Scholarship) McMaster University, Hamilton, Ontario, Canada
Jun 1999 Bachelor of Science (BSc), Computer Science (with Honours) University of Dar Es Salaam, Tanzania
AWARDS 2022:
The World Top 2% Highly Cited Scientists, Stanford University 2022: ARC Discovery Early Career Researcher Award, ARC DECRA Fellow, Australian Research Council 2021: The World Top 2% Highly Cited Scientists, Stanford University 2019: Excellent Doctoral Dissertation Nomination Award of USTC, USTC 2017: Pollyanna Chu Excellent Doctoral Scholarship, Chinese Academy of Sciences 2017: Second-Class Academic Scholarship, USTC 2016: China National Scholarship for Doctoral Student, Ministry of Education 2016: First-Class Academic Scholarship, USTC 2016: Peter Ho Conference Scholarship, CityU 2015: ‘Dushu Lake’ Scholarship in USTC CityU Joint Advanced Research Centre
PROFESSIONAL MEMBERSHIPS Member of American Chemistry Society. Editorial Board Member, American Journal of Polymer Science and Technology, Science Publishing Group