Press release

Payrailz™ Expands Product Efforts with the Appointment of Gereen Langmeyer as VP of Payment Products

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Payrailz™, a digital payments company offering smarter more engaging payment experiences to banks and credit unions announced it has hired financial services industry veteran Gereen Langmeyer as VP of payment products.

In her new role, Langmeyer will report to Payrailz’ CEO Fran Duggan as she oversees everything relating to product design, pricing and promotion of full range of digital payment products. As VP of payment products, she will also work closely with the company’s strategy and innovation team to create new features and services and to develop new products and use cases.

Langmeyer has nearly 20 years of experience working with financial institutions in various payments and technology roles. She spent 13 of those years at Digital Federal Credit Union, where she most recently served as Digital Channels Manager and was primarily responsible for the online and mobile banking product. She had as Electronic Services Manager previously overseen the credit union’s payment operations functions including wire transfers, ACH and bill pay.

“Gereen’s extensive experience as both an expert in payments technology and in financial institution operations will be invaluable as we continue developing payments services that transform the financial industry,” said Fran Duggan, CEO of Payrailz. “We are constantly looking to create a newer, more innovative payments experience based on the cutting-edge potential of AI and we are confident that Gereen will help us realize these objectives through her strategic perspective.”

“Payrailz has an inspiring vision for the payments industry and I am truly delighted to join its team of forward-thinkers,” said Gereen Langmeyer, VP of payment products. “With innovations in artificial intelligence and predictive analytics developing constantly, I look forward to using my payments industry experience to help manage and develop payments products that will help credit unions and banks offer consumers the most innovative payments experience possible.”

About Payrailz™

Payrailz is a digital payments company offering advanced payment capabilities and experiences including consumer and business bill pay, external and internal transfers, new account funding, P2P, B2B, B2C and other related 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’ API-first and cloud-native technology engine, to offer unique payment solutions to their consumers and businesses. Payrailz helps financial institutions meet the payment expectations of today and the payment innovation needs of tomorrow. For more information, visit payrailz.com, follow them on Twitter @Payrailz, Facebook or LinkedIn, or contact Mickey Goldwasser at 860.430.9245.