Nacha’s Afinis Interoperability Standards Announces New Board of Directors and Officers

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Nacha's Afinis Interoperability Standards, a membership-based organization focusing on the rapid delivery of application programming interfaces (APIs) and other financial services standards across the United States, announced its new Board of Directors and Board Officers. The Board is comprised of a representative mix of industry stakeholders that is responsive to the needs of its members and the broader financial services ecosystem and includes diverse voices from large and small financial institutions, fintechs, solution providers and businesses.

"Afinis Board Members help to lead an impressive group of thought leaders and technologists who collaborate to strategically identify the APIs the industry needs before bringing them to market," said Nacha Managing Director, Strategic Initiatives and Network Development, and Afinis Interoperability Standards Executive Director George Throckmorton. "Our newest Directors and Officers embody the characteristics most needed to transform the industry through standardization."

The new Afinis Officers are:

• Camellia George, Co-founder and CTO, Koxa, Chair.

• Greg Melville, SVP - Emerging & Digital Payments, Regions Bank, Vice Chair.

• Deborah Canale, VP, Systems Senior Architect, Wells Fargo, Secretary.

Directors beginning a new term include:

• Brooke Petrini, Director, Consulting, CGI.

• Roy Taylor, SVP and Chief Architect, Commerce Bank.

• Christina McGeorge, Executive Director, Product Consulting, NCR.

• Laura McGortey, Payments Product Group Manager, Treasury & Payment Solutions, Synovus.

• Puneet Manaktala, SVP, Core Banking Technology, TD Bank.

Directors continuing their service include:

• Anita Brady, Vice President, Oracle Corporation.

• Rene Schuurman, Director, CashPro API, Global Transaction.

• George Throckmorton, Afinis Interoperability Standards.

The Afinis Board guides the organization's strategic direction through the development of standardized APIs, enabling intelligent innovations to advance efficiency, surety, security and interoperability throughout the financial services industry. These APIs are shaping the evolving payments industry by helping financial institutions effortlessly communicate with one another. For example, APIs developed by Afinis provide a standardized way for businesses to submit payment instructions and check on the status of payments, retrieve account information and enable senders of payments to verify that accounts are valid.

Afinis membership is open to all organizations interested in developing standardized payment-related APIs, regardless of size, type or location. Afinis' standardized APIs have been used in more than 2 million API transactions. To join or learn more about how Afinis enhances the efficiency and security of the financial industry through API standardization, visit afinis.org.

About Nacha

Nacha governs the thriving ACH Network, the payment system that drives safe, smart, and fast Direct Deposits and Direct Payments with the capability to reach all U.S. bank and credit union accounts. There were 30 billion ACH Network payments made in 2022, valued at close to $77 trillion. Through problem-solving and consensus-building among diverse payment industry stakeholders, Nacha advances innovation and interoperability in the payments system. Nacha develops rules and standards, provides industry solutions, and delivers education, accreditation, and advisory services.