Vish Shastry

Chief Product Officer

2024

Banyan unlocks and activates item-level receipt data to power commercial and consumer applications. Our first-of-its-kind data infrastructure enables secure collaborations between all types of merchants, banks, fintechs, and their commerce partners. We're a Series A company with backing from Fin Capital, TTV Capital, Motivate, M13, and notable angels.

SVP, Head of Product

2023 - 2023

Co-developer

2013 - 2023

Co-lead developer on a residential subdivision of executive homes in the heart of Silicon Valley. 150+% ROIC

Director, Global Head of Payments & Financial Products

2021 - 2022

Lead payments and financial products globally for Uber. Our goal is to ignite opportunity by setting the world in motion, enabling a financial ecosystem between consumers, drivers, and businesses. I have the honor of leading an amazing team of product managers and cross functional partners to build best in class wallet experiences across Uber's many lines of business, move tens of billions of dollars globally, solve unique problems like cash acceptance at scale, scale new technologies like real time payments globally, build global compliance capabilities, and introduce new financial products like Uber Conta, our debit card for drivers in Brazil, and the Uber Pro Card, Uber's debit card for drivers in the US.

Sr. Director, Global Head, Payments Platform

2019 - 2021

Lead product for PayPal Inc.'s payments platform, powering our ecosystem of marketplaces, merchants and developers - the backbone for $1+ trillion in annual volume. I'm lucky to lead an incredibly talented team of product managers. We manage payments not just for PayPal's merchant checkout and P2P services, but billions in volume for Venmo, Braintree, and other PayPal Inc. services. We're experts in real time payments (likely the #1 non-bank originator of real time payments globally), network tokenization (we're the #1 token requestor for CNP tokens globally), and wallets (we power Facebook / Instagram's wallet amongst others). We're building innovative platform capabilities that will drive PayPal's next growth curves.

VP, Emerging Digital Products

2018 - 2019

Our group focuses on developing standards and product platforms to enable voice based commerce, commerce in augmented reality / virtual reality, commerce via new form factors like Bluetooth Low Energy (BLE) and ultrasonics, and more. We work with automobile OEMs, smart home device manufacturers, merchants, wallet providers, and others to build out the next generation of digital commerce, securely enabled by Visa's technologies like Visa Token Service.

VP, Merchant Solution Delivery and Commercialization, Visa Digital Products

2016 - 2018

I lead global commercialization and build acceptance for Visa Checkout, Visa payWave (NFC), Visa QR Code, and other digital form factors. We're passionate about collaborating with merchants and industry partners on redesigning commerce experiences around mobile commerce, the Internet of Things, and other form factors. I've been proud to lead our team's drive to nearly 25m consumers using Visa Checkout at merchants representing almost $200b in eCommerce volume global with an 80+% conversion rate, 60+% lower fraud, and well over 95% authorization rates. Our partnerships with Google and Samsung also helped us build the Visa Checkout Open Platform with Android Pay and Samsung Pay - biometrically authenticated transactions in a highly converting UX at hundreds of thousands of merchants. We're also commercializing Visa Token Service, offering gateways and merchants increased authorization rates, reduced breach risk, and built in lifecycle management (no more declines for lost / stolen cards or expired cards!). My team also manages commercialization of Visa Checkout and Visa Token Service with a broad range of partners in the ecosystem such as Braintree, Adyen, and more.

Sr. Director, Product Strategy, Digital for Developed Markets

2013 - 2016

Manage Visa's product strategy for our digital solutions in developed markets including eCommerce / mCommerce solutions such as Visa Checkout, NFC and other proximity payment solutions, point of sale acceptance solutions. Determine product strategy / roadmaps, pricing & positioning strategies, implementation & support best practices, and sales & partnership strategies. In short: building ways to match the ease of use and security of Visa cards in the physical world (think about how easy it is to swipe and pay with no signature required) in the digital realm.

Vice President, Platform Services Group

2011 - 2013

• Line of business owner for a new business delivering E*TRADE’s brokerage capabilities in a platform-as-a-service model for both internal and external consumption. Oversight of strategy, business development and sales pipeline, pricing / revenue sharing models, product, and customer support • Product ownership of E*TRADE’s Developer Platform including core APIs, documentation, and developer tools (e.g. SDKs, testing tools, sample code)

Senior Business Leader, Visa Personal Payments and Money Transfer

2008 - 2011

• Product ownership for the Visa Personal Payments / Money Transfer platform, reaching over 1 billion Visa cards with billions of of dollars in volume • Visa Personal Payments delivers multiple product lines (e.g. person to person money transfer, bill payment, etc.) across varying modalites (e.g. mobile, Internet, ATM/Kiosk, agent/bank locations, etc.) to Visa's over 16,000 financial institutions • Scope of responsibility including market analysis and research, definition of product lines, pricing and interchange strategies, and distribution strategies • Lead on key business development and sales relationships with top 10 US financial institutions as well as strategic non-financial institution partners • Guide relationships with and lobby regulatory bodies including US Treasury, OFAC, Federal Reserve, and World Bank. • Product lead for Visa's Developer Center (https://developer.visa.com/) and Personal Payments API (https://developer.visa.com/vpp/index/). • Product lead for several elements of Visa's upcoming digital wallet.

Sr. Manager, Corporate/Product Strategy

2004 - 2008

• Led PayPal’s remittances market entry strategy, including primary and secondary research to identify underserved markets, detailed financial projections, product and pricing design, and managing segment P&L. • Led PayPal-Skype integration, devising multi-year roadmap of product features and marketing to drive new consumer acquisition and build payment volume. Consumer acquisition currently performing against targets. • Managed competitive tracking / analysis portfolio, delivering actionable insights to guide product and marketing plans • Conducted market analysis / insight on payments industry and delivered strategies on specific opportunities, such as point of sale market entry and digitalization of cash

VP, Founder, Product and Systems Development

2000 - 2004

401Konnect provided research and marketplace services on the retirement industry to Merrill Lynch, Wachovia, Fidelity, Principal, and others • Developed product and marketing strategies, including conducting customer interviews/outreach, defining marketing and product requirements for multiple product lines • Devised direct and channel marketing and product positioning programs to drive customer growth and revenue at 100% annual rate; developed direct mail, interactive, and trade show campaigns across multiple market segments and accounts