Derrick Carpenter serves as senior vice president of Product, Portfolio and Integrated Payments at Bank of America Merchant Services. In this role, he is responsible for mid-market and multinational product capabilities, compliance and portfolio management. Carpenter also manages the company’s integrated payments strategy which focuses on finding innovative solutions to meet the needs of Bank of America Merchant Services’ clients.

Carpenter joined Bank of America Merchant Services in 2011 from Walmart, where he was the director of payment services with responsibility for the company’s gift card program, electronic government benefits, and international financial services. Prior to that, he handled sales and marketing for Marathon Global, a solutions provider to Walmart and Sam’s Club suppliers. He began his career as a senior project manager at Walmart.

Carpenter graduated from Emporia State University with a degree in computer information systems and earned his MBA from Webster University. He lives in Lenexa, Kansas.