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Dan O'Malley
Dan O'Malley
About Dan O'Malley

Chief Executive Officer

 

Dan believes banking needs change. Sustainable change. As an executive in the banking and credit card industries, Dan realized that financial services suffer from some serious incentive problems. Earning rewards for using a credit card encourages you to — surprise — use your credit card too much. And building big, expensive bank branches encourages under-investment in phone and internet customer service. Dan believes that organizations that create the right incentives can change industries for the better, even ones with as much need for help as banking. That’s why he founded PerkStreet.

Before PerkStreet, Dan co-founded Capital One’s Payments division, where he created the industry-changing decoupled debit card and launched the company’s prepaid business. Dan loves launching breakout new strategies, which he did in Capital One’s corporate strategy team and at Oliver Wyman, one of the world’s largest management consultancies. He also loves math (even if that makes him a dork), with a background in quantitative analysis and a BSE in Operations Research from Princeton University. Other loves? Baseball, cooking, and lightly roasted African coffees.

 

Photo by Bryce Vickmark Photography

Last entries by Dan O'Malley
  • 06 Sep 2012
    Power Up With All New PowerPerks!

    Earlier this month we told you we were developing an all new PowerPerks 2.0. We’re excited to announce that beginning tomorrow, Friday, September 7, all of our customers will have access to the new PowerPerks program!

  • 04 Apr 2012
    PerkStreet’s Perks & Our Commitment to You
    Today we’re rolling out the new perks program we announced a month ago. While change is never easy, we needed to adapt our perks program to maintain a sustainable business through a tough economic environment. It was tough to tell some of our longtime, loyal customers that they’re going to...
    Archived in PerkStreet Posts
  • 05 Mar 2012
    PerkStreet Special Announcement: More ways to Redeem + More Perks for More People
    Today we are sending an email to all PerkStreet customers to share the changes we’re making this year that will allow more of our customers to earn more cash back. In this post, we’ll walk through these changes again and add some additional details so that everyone understands what changes...
    Archived in PerkStreet Posts
  • 27 Dec 2011
    StreetSense: Free Email-Based Personal Finance Courses
    If you’re a PerkStreet customer, you are already taking advantage of the many ways we help people save on our mission to change banking for good. From our unlimited cash back debit card and monthly PowerPerks, to our community of savers offering money-saving tips and tricks on our blog, Facebook,...
    Archived in About
  • 30 Sep 2011
    Capital One, Discover, Citi And Zynga: Credit Cards Are Not a Game
    This morning, I read that my former employer has started marketing credit cards in Zynga’s online games like Farmville. They’re not alone — Discover and Citi are offering virtual Farmville cash for signing up for their credit cards. I can’t overstate how outraged I am. This is not okay. Is...
    Archived in PerkStreet Posts
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