Press release

Payrailz™ VP Orlando Santos Named to Afinis Inaugural Board of Directors

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Payrailz,
a digital payments company offering smarter, predictive, proactive and
more engaging payment experiences to banks and credit unions, recently
announced that its VP of Product Strategy and Innovation, Orlando
Santos, was named vice chairman of Afinis
Interoperability Standards’
inaugural board of directors and
officers.

Afinis Interoperability Standards is a member-led organization supported
by NACHA that seeks to bring together a diverse group of collaborators
to build and test solutions, develop implementable and portable
standards, and provide thought leadership on the shared goals of
advancing efficiency, surety and security, and interoperability for
financial services. Launched in September 2018, Afinis has appointed its
board to help guide the strategic direction of the organization as they
seek to advance financial industry standards.

As vice chairperson, Santos will serve alongside individuals from large
and small financial institutions, fintechs, software/solution providers
and businesses, creating a group representative of the larger financial
services ecosystem. Serving with Santos on the board will be:

  • Jay Como, Chief Data Officer, Barclays, Afinis Chairman
  • Murray Heldon, Chief Solution Architect, Tata Consultancy Services
    (TCS), Afinis Secretary
  • George Throckmorton, Executive Director, Afinis Interoperability
    Standards
  • Frederique Slevin, Senior Principal Product Manager, ACI Worldwide
  • Alex Yang, Director, Global Head of API Strategy and Enablement, Bank
    of America Merrill Lynch
  • Vivek Vijayakumar, SVP, Manager of Business and Application
    Architecture, BB&T Corporation
  • Roy Taylor, VP and Chief Architect, Commerce Bank
  • Christina McGeorge, VP, Solutions Consulting & Product Marketing, D3
    Technology, Inc.
  • David Chance, VP, Product Strategy & Innovation, Fiserv
  • Anita Brady, Vice President, Oracle Corporation
  • Neelesh Prabhu, SVP, Director of Application Development and Delivery,
    TD Bank
  • Mark Schaffer, Vice President, Systems Architect, Wells Fargo

“We are proud any time we see one of our leaders also taking the lead in
guiding the industry,” said Fran Duggan, CEO of Payrailz. “The work that
Afinis does is incredibly important in advancing industry standards and
we know that Orlando will be a strong advocate for innovation. We look
forward to seeing what Afinis is able to accomplish with this new board
of talented professionals like Orlando.”

“Standards drive adoption and adoption drives ubiquity and I am honored
to be named to the Afinis board and be given the opportunity to advocate
for change in the industry,” said Santos. “It is an honor be to be able
to serve alongside so many other talented and passionate financial
services professionals in this capacity.”

About Afinis Interoperability Standards

Afinis is a membership-based governance organization supported by NACHA
that brings together diverse collaborators – through innovative and
agile processes – to develop implementable, interoperable, and portable
financial services standards across operating environments and
platforms. Afinis brings together thought leaders and leading
technologists from financial institutions, fintechs and solution
providers, businesses, governments, and nonprofit organizations to
rapidly develop API products through use of Afinis’ platform for
standardized API product discovery, application testing, and developer
collaboration. For more information and to learn how to join, visit Afinis.

About NACHA

NACHA is a nonprofit organization that convenes hundreds of diverse
organizations to enhance and enable electronic payments and financial
data exchange within the U.S. and across geographies. Through
development of rules, standards, governance, education, advocacy, and in
support of innovation, NACHA’s efforts benefit the providers and users
of those systems. NACHA leads groups focused on API standardization,
authors the Quest Operating Rules for EBT and is the steward of the ACH
Network, a payment system that universally connects all U.S. bank
accounts and facilitates the movement of money and information. In 2018,
23 billion ACH payments valued at more than $51 trillion moved across
the ACH Network. Visit nacha.org
for more information, and connect with us on LinkedIn,
Twitter,
Facebook
and YouTube.

About Payrailz™

Payrailz is a digital payments company offering advanced bill payment
and money transfer solutions to banks and credit unions. In a society
that increasingly has become focused on a “do it for me” culture,
Payrailz’ smart technology makes the difference. Payrailz creates
smarter payment experiences for the financial services industry that are
predictive and more engaging than currently available alternatives.
Financial institutions can confidently embrace Payrailz’ cloud-based
technology engine, including AI, dynamic workflow, open data exchange,
and a robust SDK to offer unique payment solutions to their customers.
Payrailz helps financial institutions meet the payment expectations of
today and the payment innovation needs of tomorrow. For more
information, visit www.payrailz.com,
follow them on Twitter @PayrailzFacebook or LinkedIn,
or contact Mickey Goldwasser at 860.430.9245.