Payrailz™ Welcomes Industry Veteran James Kern as Chief Sales Officer

– Payments innovator adds additional sales resource

GLASTONBURY, Conn.–(BUSINESS WIRE)–Payrailz™,
an AI, digital payments company offering smarter, more engaging payment
experiences to banks and credit unions, recently announced the addition
of industry veteran James Kern as VP, chief sales officer. Kern’s
appointment reflects the company’s rapid market traction in addition to
continually adding experienced leadership to keep up with the strong
demand for the company’s technology.

As chief sales officer, Kern will manage all of the company’s sales
efforts, working closely with Payrailz founder’s CEO Fran Duggan and
chief business development officer Rich Pelikan. He will develop and
execute the overall strategic sales plan, as well as manage the direct
and channel sales teams. Working in tandem with the marketing, client
experience, and product teams, Kern will also be responsible for
ensuring we are helping our clients to deliver best in class payment
experiences.

Kern has more than 25 years of senior-level executive experience in
sales, account management and business development. He has served in
leadership roles at a number of industry-leading fintech companies,
including Infosys, OneBridge (now part of Vantiv), Open Solutions (now
part of Fiserv), BT Global Services and the Bisys Group. Most recently,
Kern founded a consulting company, Results Performance Management, where
he offered sales, leadership and performance-based advisory services to
a wide array of fintech companies.

“As we continue to experience industry momentum and acceptance of our
vision for providing a smarter payments experience, we are thrilled to
be able to proactively bring in talented and experienced individuals
like Jim to the Payrailz team to help us deliver our solutions to the
marketplace,” said Fran Duggan, CEO of Payrailz. “Jim’s leadership and
sales experience will be instrumental in helping us to continue to build
awareness, execute on our vision and reach out to more financial
institutions looking to transform their payments offerings. We are
thrilled to have him onboard and welcome him to our team.”

“I am excited to be joining Payrailz as they work to deliver a more
intelligent payments experiences to the financial services marketplace.
In my new strategic role, I’m looking forward to working with a group of
such talented fintech professionals, some of whom I have known for quite
some time,” said Jim Kern. “It is an honor to work at a company with
such a unique vision and a true passion for what they do.”

In a new era driven by the “Do it For Me” phenomenon, Payrailz was
founded to help financial institutions succeed by offering a smarter,
and more engaging payments experience that revolutionizes the current
solutions available in the market. The company’s intelligent and
sophisticated payments technology is designed to propel financial
institutions ahead of their competitors by utilizing data and artificial
intelligence tools to proactively meet consumers’ and businesses’
payment needs.

Payrailz was recently named one of the best
places to work in fintech
by SourceMedia and as a 2019
Innovations Series Winner
by Callahan & Associates.

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.

Contacts

MEDIA CONTACT:
Debbie Rayburn
678-781-7220
[email protected]

Payrailz CONTACT:
Mickey Goldwasser
860-430-9245
[email protected]

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