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Payments Industry Veteran Ted Chaney Joins Payveris to Head Up Strategic Partner Channel

ROCKY HILL, Conn., Sept. 24, 2015 (GLOBE NEWSWIRE) -- Payveris™, a provider of next generation multi-channel digital payment solutions designed to enable Banks and Credit Unions across the U.S. to transform their payment offerings announced the addition of industry veteran Ted Chaney to the team. As SVP, Strategic Alliances. Chaney will be responsible for leading Payveris' expanding partnership distribution channel and further advancing the company's strategic alliance and partnership strategy.

Chaney joins Payveris with more than 15 years' experience in leadership, management, and business development roles across notable payment companies such as Securenet (now a part of Worldpay), Visa, and CheckFree (now a part of Fiserv). He brings deep expertise and success in developing and executing on high growth sales strategies for digital payment and Omni-channel payment processing solutions, including credit, debit, and bill payment processing, through strategic partnerships including resellers, enterprise merchants and tier one financial institutions such as Bank of America and Wells Fargo. Prior to Securenet and Visa, Chaney spent 10 years with CheckFree (now a part of Fiserv) where he managed the Electronic Billing and Payment (EBP) partner channel of Value Added Resellers representing over 2,500 financial institutions. He has also held sales leadership roles at notable companies such as Federal Express and Diebold Inc.

Commenting on his new role, Chaney remarked, "Payveris is helping banks and credit unions compete with the non-FI disruptors and I'm very excited for the opportunity to join such an innovative FI centered payments organization. I look forward to becoming an integral part of the Payveris team of dedicated professionals and using my experience to contribute to the company's future success and efforts to transform the digital payments industry."

Payveris offers U.S. banks and credit unions the industry's only cloud-based, open API, extensible digital payments platform which delivers a full range of bill payment and management, P2P money movement, business to business, and interbank transfer solutions from a single unified platform. The company's suite of payment and money movement API's and widgets provides financial institutions and their digital banking partners with consistency, flexibility and 100% control of the user experience across any device or application enabling new, innovative, and seamless digital payment experiences. The platform enables money to be moved to anyone, anywhere and anytime whether paying a bill, transferring money between financial accounts or paying a friend or merchant.

"We're very excited to have Ted join us," said company Chief Revenue Officer Marcell King. "As we continue to round out our organization, we are pleased to bring another industry veteran on to the Payveris team. The valuable industry experience and key relationships that Ted has developed over the years will be critical as we continue our rapid growth and evolve our payment focused offerings within the industry."

Company President Jeff Weikert added. "Ted brings a wealth of payment experience to Payveris and having worked with him in the past I am very confident with his ability to develop and manage partnerships to help grow our business. On behalf of all of us at Payveris, we are delighted to have him on board and wish him success in his new role."

About Payveris, LLC

Payveris is a proven next generation provider of digital payment solutions with a focus on keeping financial institutions at the heart of the digital payments ecosystem. Payveris' single integrated platform offers full service multi-channel online and mobile bill pay, P2P money movement and interbank transfer solutions for financial institutions, service providers and merchants. The company's secure cloud-based platform, advanced technologies and full suite of APIs enable our partners and financial institutions to deliver a more flexible, cost effective, secure, integrated and customized solution. Payveris' innovative digital payments platform combined with its "white label" business model offers core processors, online and mobile banking providers and other providers of remote banking services a powerful solution for their financial services clients.

For more information about Payveris and its Digital Payment solutions, contact Mickey Goldwasser at 860.372.4105, via email at mgoldwasser@payveris.com or visit www.payveris.com.

CONTACT: Marvin (Mickey) Goldwasser Payveris mgoldwasser@payveris.com

Source: Payveris