Payveris Announces Mohan Chunduri as New Senior Vice President

ROCKY HILL, Conn., Feb. 17, 2016 (GLOBE NEWSWIRE) -- Payveris, a provider of next generation open API digital payment solutions designed to enable banks and credit unions across the United States to transform their payment offerings, announces the addition of Mohan Chunduri as senior vice president of operations.

As senior vice president, Chunduri is responsible for leading operational initiatives that continually enhance the overall customer experience for Payveris clients. His responsibilities also include implementations, project management, compliance, partner and customer support and training.

Chunduri joins Payveris with more than 30 years of experience in leadership, operational strategy and business development across companies such as Sikorsky Aircraft; Carrier Corp.; Metavante (now part of FIS); and CheckFree (now part of Fiserv).

Chunduri is a FinTech pioneer who has been at the center of the electronic billing and payments industry since the early adoption stages and has played an integral part in the growth of the industry. Chunduri took the responsibility of product, business development, operational and innovation initiatives at a time when the industry was going through mainstream adoption of online bill payments. He is a seasoned digital payment executive who has developed strategies, prioritized feature development, researched customer requirements and created efficient operational and process improvements in areas of bill payment, mobile payments, same day payments, A2A transfers, card payments and small business invoice payments.

“Payveris is truly revolutionizing the FinTech payments space with an API centric single platform approach to payments and money movement. Having been so much a part of the evolution within the industry I have observed how the company has grown throughout the years and am thrilled to have the opportunity to join an experienced team so dedicated to the industry,” said Chunduri. “I am hopeful that my knowledge and expertise will continue to aid in expanding the company even more in the future.”

“Having an in-depth knowledge of the payments industry, Mohan’s expertise and experience will be a real asset to our team,” said Jeff Weikert, president of Payveris. “My previous experience working with Mohan has given me insight into his outstanding initiative and thought process. His innovative approach to automating the implementation process will enable us to better manage our growth initiatives. I look forward to working with him again as we work to innovate the industry.”

Chunduri has received his Bachelor of Commerce degree in Cost Accounting from Andhra University. He also holds two Master of Business Administration degrees in Finance from South Gujarat University and in Marketing from the Kelley School of Business at Indiana University.

Payveris provides financial institutions and their digital banking partners with consistency, flexibility and 100 percent control of the user experience across any device or application and 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.

About Payveris, LLC

Payveris is a next generation provider of open API 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, please visit

For Payveris: Mickey Goldwasser 860-372-4105 Media Contact: Debbie Harris 678-781-7220

Source: Payveris