Jared Isaacman
Encyclopedia
Jared Isaacman is the founder and CEO of United Bank Card, Inc. (UBC)
United Bank Card
United Bank Card, Inc. is a payment and transaction processor located in New Jersey, USA, serving businesses throughout the US. UBC currently handles the merchant accounts for over 100,000 merchant locations and processing in excess of $9 billion annually. The company was founded in 1999 by Jared...

, a payment processing organization based out of Hampton, New Jersey
Hampton, New Jersey
Hampton is a Borough in Hunterdon County, New Jersey, United States. As of the United States 2010 Census, the borough population was 1,401.What is now Hampton was originally incorporated by an Act of the New Jersey Legislature as Junction Borough on February 20, 1895, from portions of both Lebanon...

. Jared has been named as a finalist for the Ernst & Young "Entrepreneur of the Year Award" for 2006, 2007 and 2008 and was the youngest person ever named as one of The Green Sheet's "Industry Leaders", the annual listing published by the credit card industry’s leading publication.

Under Isaacman, UBC
United Bank Card
United Bank Card, Inc. is a payment and transaction processor located in New Jersey, USA, serving businesses throughout the US. UBC currently handles the merchant accounts for over 100,000 merchant locations and processing in excess of $9 billion annually. The company was founded in 1999 by Jared...

 has become one of the largest payment processors in the nation (as ranked by the Nilson Report), providing merchant services
Merchant services
Merchant services is the name given in the United States to a broad category of financial services intended for use by businesses. In its most specific use, it usually refers to the service that enables a business to accept a transaction payment by use of the customer's credit or debit card...

 to over 100,000 locations and processing in excess of $9 billion in credit card volume annually. United Bank Card
United Bank Card
United Bank Card, Inc. is a payment and transaction processor located in New Jersey, USA, serving businesses throughout the US. UBC currently handles the merchant accounts for over 100,000 merchant locations and processing in excess of $9 billion annually. The company was founded in 1999 by Jared...

 was named one of the fastest growing private companies in the U.S. for three consecutive years (2005, 2006, 2007) by Inc. Magazine and was ranked by Deloitte's "Technology Fast 50",their list of fastest-growing technology companies in the Connecticut, New Jersey and New York area in 2008.

In addition to owning UBC, Isaacman also oversees United Cash Solutions and Harbortouch, both divisions of United Bank Card
United Bank Card
United Bank Card, Inc. is a payment and transaction processor located in New Jersey, USA, serving businesses throughout the US. UBC currently handles the merchant accounts for over 100,000 merchant locations and processing in excess of $9 billion annually. The company was founded in 1999 by Jared...

. United Cash Solutions focuses on ATM sales and service and Harbortouch provides touchscreen point-of-sale systems to merchants in the retail and hospitality industries.

Aviation

A pilot in his spare time, Isaacman is also part-owner of 26 North Aviation, an aircraft chartering, management and acquisition company. His personal fleet includes a G58 Baron, Citation CJ2, Gulfstream G-100, a Citation III, an L-39ZA, a Canadian T-33 and a North American T-28C Trojan. He has recently purchased three A-4 Skyhawks (as seen in Top Gun) and is restoring them to airworthy condition. He also flies in civilian-owned aerobatic jet team Black Diamond Jet Team (formerly Heavy Metal Jet Team), which was founded in 2011 and maintains a strong presence on the North American air show circuit in addition to conducting flyovers at various sporting events.

Philanthropy

In addition to his accomplishments in the business world, Isaacman has also put much of his focus on philanthropic endeavors. He has organized a charity poker tour which is hosted at 4 major trade shows throughout the year and donates all proceeds to the Goodwill Rescue Mission for the Homeless and The Make-A-Wish Foundation of New Jersey. He also launched "Pennies for Humanity", a program that allows all of United Bank Card’s merchants to contribute a portion from every credit card transaction they process to their preferred charitable organization. Most recently, Jared raised over $100,000 for The Make-A-Wish Foundation of New Jersey by claiming to have set 17 world speed records while flying around the world twice. He has since conquered the Speed Around the World record with a time of 61 hours, 51 minutes and 15 seconds. www.speedaroundtheworld.com.
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