Press release

ACH Alert Taps George Leto to Support Growing Channel Partner Division, Increased Demand for Payments Fraud Solutions

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ACH
Alert
, an award-winning provider of electronic payments fraud
prevention technology for financial institutions of all sizes, announced
the addition of George Leto as Channel Sales Manager to support
increased sales within its existing channel partner division, which has
seen significant growth due to rising demand for its payments fraud
solutions.

Over the last two years, more than half of ACH Alert’s new business has
been acquired through its channel partners, demonstrating the strong
demand for the company’s solutions as well as prompting the need for
additional leadership to support this growing division. In Leto’s new
role, he will drive continued growth, reach competitive markets within
the financial industry, and extend the reach of ACH Alert’s solutions.

Leto has more than 20 years of experience building trust, delivering
value and developing long-term relationships with financial institutions
and third-party partners with the financial technology space. He has
proven success in capturing new business and increasing revenue
performance within an existing client base. Leto also has an exceptional
record for driving sales growth and market share in highly competitive
markets.

“ACH Alert understands the importance of offering financial institutions
a superior platform to help prevent fraud and increase corporate and
consumer confidence in electronic payments,” said Leto. “I am thrilled
to be part of a team that is devoted to delivering solutions that help
community financial institutions enhance the capabilities of their
digital banking offerings with actionable fraud prevention tools.”

“George has extensive experience maintaining and building strategic
partnerships, through excellent service and positive experiences,” said
Deborah Peace, AAP, chief executive officer of ACH Alert. “He truly
believes in ACH Alert’s mission to offer financial institutions fraud
prevention solutions that empower account holders by allowing them to
take action and protect themselves against suspicious activity. As we
continue to grow, we plan to use this momentum to protect a greater
number of financial institutions and their account holders from payments
fraud, as well as the frustration and financial loss associated with it.”

About ACH Alert

Founded in 2007, ACH Alert provides patented, innovative fraud detection
services to financial institutions ranging from community banks to top
tier financial institutions. Relying on more than 25 years of industry
experience, ACH Alert assists financial institutions in mitigating the
risks associated with electronic payments. ACH Alert is the 2012
recipient of the Kevin O’Brien ACH Quality Award, the highest award for
quality in the ACH Network industry. For more information, visit www.achalert.com,
or follow them on Twitter @ACHAlert,
Facebook,
or LinkedIn.