How We Started
The Problem
- As early as 2003, information security issues surrounding payment card information theft during retail transactions were on the rise and in the news.
- First Novo's founder set out to solve the problem through the use of our patented technology and processes, coining the now oft-used phrase... "Payment without the card ever leaving the customer's hand."
The Solution
Our forward-thinking innovations and tech
savvy approach to problem solving resulted in...
- Two PCI (Payment Card Industry) Certifications
- Six foundation industry-critical U.S. patents
- Production and deployment of a certified wireless mobile payment device
- One Canadian issued patent
THE TEAM
Chris Faircloth
Chief Executive Officer
Chris is an award-winning wireless payments pioneer and inventor, he holds numerous patents and highly coveted industry certifications. He has more than 25 years experience in executive management, sales and marketing within the credit card merchant services industry.
Greg Smith
Cole Faircloth
Cole Faircloth
Chief Financial Officer
With a background in tax law and accounting, Greg brings many years of experience as a successful business owner, financial advisor, sales leader, motivational coach and security industry expert to the team. He credits his use of state-of-the-art technology and tools to lead sales organizations in reaching and exceeding their growth goals.
Cole Faircloth
Cole Faircloth
Cole Faircloth
Director, Business Development
Cole is co-founder of a merchant services ISO, he has experience in building, operating and training teams in the merchant services industry. Cole has extensive networking skills and is an experienced professional in the industry.
Chris Nowels
Cole Faircloth
Chris Nowels
Chief Marketing Officer
Chris is one of the top producers and video editors in the industry. For the past 22 years he has worked with some of the top corporate clients across the country. Chris has been called on to produce everything from commercials and infomercials, to Fortune 500 corporate videos and national awards shows. His attentio
Chief Marketing Officer
Chris is one of the top producers and video editors in the industry. For the past 22 years he has worked with some of the top corporate clients across the country. Chris has been called on to produce everything from commercials and infomercials, to Fortune 500 corporate videos and national awards shows. His attention to detail and his creativity have garnered him several top video industry awards including an Emmy.
Neil Abrams
Neil Abrams
Neil Abrams
Advisor
Neil Abrams is an accomplished business leader and senior executive attorney with a diverse set of business and legal skills and expertise, and a wide range of experiences, including intellectual property monetization, mergers and acquisitions, complex commercial transactions and litigation. He has a record of success as an IBM se
Advisor
Neil Abrams is an accomplished business leader and senior executive attorney with a diverse set of business and legal skills and expertise, and a wide range of experiences, including intellectual property monetization, mergers and acquisitions, complex commercial transactions and litigation. He has a record of success as an IBM senior executive and as General Counsel of a NYSE listed multinational.
Lewis Jaffe
Neil Abrams
Neil Abrams
Board of Directors / Advisor
Lewis has led the growth, successful turnarounds of more than 20 under-performing companies, public and private as their chief executive or outside advisor in a variety of industries, creating over $1 Billion in shareholder value.
Jim Melvin
Neil Abrams
Jim Melvin
Advisor
Jim is an American entrepreneur, investor, and philanthropist who founded and served as the CEO of several notable software companies in the foodservice and hospitality industries. His software products have been installed at more than 125,000 stores worldwide for companies such as McDonald's, YUM! Brands, Burger King, Wendy's, Dis
Advisor
Jim is an American entrepreneur, investor, and philanthropist who founded and served as the CEO of several notable software companies in the foodservice and hospitality industries. His software products have been installed at more than 125,000 stores worldwide for companies such as McDonald's, YUM! Brands, Burger King, Wendy's, Disney, Darden Restaurants, K-Mart, Costco, FedEx, Walmart, Foot Locker and many others.