June 05, 2019

Payrailz™ Welcomes Industry Veteran Jim Kern as Chief Sales Officer

 –– Payments Innovator Adds Additional Sales Resource —  

GLASTONBURY, Conn., June 5, 2019– 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 on board and welcome him to our team.”

“I am excited to be joining Payrailz as they work to deliver more intelligent payment 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 business’ 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.

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