Greenwich, February 27, 2024 – Payarc, a leading provider of innovative payment processing solutions, is pleased to announce two significant appointments to its leadership team, marking an exciting chapter in the company’s growth trajectory.
Firstly, Payarc welcomes John Minutaglio as its new Chief Technology Officer (CTO), effective February 20, 2024. With over three decades of distinguished experience in technology and product leadership across the Financial Services and FinTech industry, John Minutaglio brings a wealth of expertise to his new role. His track record of successful team building, product innovation, and project management will play a pivotal role in driving Payarc’s technological advancements and enhancing its service offerings.
“I am very excited to welcome John Minutaglio to the Payarc family as our new Chief Technology Officer,” said Zachary Martinez, CEO of Payarc. “John has demonstrated strong leadership, successful team building, product innovation, project management, and large project implementations that will greatly benefit our team.”
Minutaglio’s extensive payments experience includes senior leadership positions at prominent organizations such as Fiserv and TSYS Acquiring Solutions, where he spearheaded the development of electronic payment systems and managed end-to-end payment solutions supporting millions of transactions daily. Most recently, Minutaglio served as the Chief Technology Officer of Marquis Software Solutions, contributing to the advancement of data analytics and marketing solutions for financial institutions.
“I am absolutely thrilled to join the Payarc team as Chief Technology Officer,” said John Minutalgio. He continues, “Payarc’s unwavering dedication to customer satisfaction, coupled with its relentless pursuit of excellence in support and service, truly sets it apart in the payment processing industry. It’s incredibly inspiring to be part of a company that prioritizes its customers at every turn and consistently delivers innovative solutions tailored to their needs.”
In addition to Minutaglio’s appointment, Payarc is pleased to announce the promotion of Keith McNeely to the position of Chief Risk Officer. McNeely, who has been an integral part of the company since its inception six years ago, has demonstrated exceptional commitment, leadership, and invaluable contributions to the organization. As the second person to join Payarc’s team in company history, McNeely’s decision to take a chance on the company during its early days has played a pivotal role in shaping its success.
Beyond his official role, McNeely has been instrumental in the day-to-day operations of Payarc, providing insightful guidance and leadership that has contributed to the company’s growth and success. His strategic mindset and dedication to excellence have extended far beyond risk management, and he has been instrumental in fostering partnerships that have significantly contributed to Payarc’s revenue growth.
“Additionally, I am delighted to announce Keith McNeely’s promotion to Chief Risk Officer. Keith’s dedication, leadership, and strategic vision have been instrumental in our success, and I have full confidence in his ability to excel in his new role,” said Martinez.
Minutaglio’s strategic insights, technological acumen, and leadership skills will undoubtedly contribute to Payarc’s goal of continually elevating the payment processing industry. Together with McNeely and the rest of the Payarc leadership team, their expertise and dedication will drive Payarc’s success to the next level.