Intrepid Ventures is a corporate development and strategy boutique.
Eric Grover is Principal at Intrepid Ventures, providing corporate development and strategy consulting to financial services, payment network, and processing businesses, principally in North America and Europe. He has a comprehensive understanding of the global payment network and processing space, including each stage in the payments value chain: credit, debit and prepay issuing, issuer processing, payment networks, and merchant acquiring and processing.
Grover is an expert on network competitive dynamics and the unprecedented wave of innovation stressing and enhancing the payments industry, was the first to publicly make the case for banks demutualizing MasterCard and Visa, and is the world’s foremost independent authority on interchange and interchange regulation. His prior experience includes Visa International, GE Consumer Finance, BofA, NationsBank, Transamerica and serving as a director on Nordstrom’s credit card A/R subsidiary’s board.
His commentaries have been frequently published in the American Banker, Banking Strategies Magazine, Barron’s, Cards International, Citi Journal, the Daily Deal, Digital Transactions, Credit Card Management, Cards & Payments, Card Technology, the Hill, ISO & Agent Weekly, the Las Vegas Review and Journal, National Review PayBefore, PaymentsSource and the Washington Times.
He has been a speaker and panelist at a range of industry conferences including the Federal Reserve Bank of Chicago’s Payments Conference, Money2020, the Merchant Payments Ecosystem, Lafferty’s International Cards & Payments Council, the Americas Smartcard conference, payments and financial services conferences hosted by Citi, Jefferies, KBW, and UBS, and Paris/Île-de-France Agence Régional de Développement/BayPay’s Innovation Day.
Grover has a BA in economics from Amherst College and an MBA in Finance from NYU Stern’s Graduate School of Business.