3PEA International, Inc. Announces Executive Changes
November 15, 2018 at 08:30 am EST
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3PEA International, Inc. announced that on November 9, 2018, at a meeting of the Board of Directors of 3PEA International, Inc. Anthony E. DePrima resigned as a member of the Board effective immediately, citing his retirement from 3PEA International, Inc. and the Board elected Joan M. Herman as an executive member of the Board whose term expires at the annual meeting of stockholders in 2019. Ms. Herman also serves as the Company’s Chief Operating Officer since September 2017. She is responsible for executing and implementing the daily operations of the organization. Ms. Herman began her career in payments almost 30 years ago holding various management positions in operations, product development and sales and marketing on both the issuing and acquiring sides of the card business. Prior to joining the Company, Ms. Herman was at Sunrise Banks from 2012 to 2017, where she served as Senior Vice President, Payments Division, and presided over the Bank’s payments line of business, including prepaid and national ACH. She also worked at UMB Bank in Kansas City, MO, Boatmen’s Bank (now Bank of America), Heartland Bank and served as a Director at Heartland Payment Systems from 1997 to 2006.
Paysign, Inc. is a vertically integrated provider of prepaid card products and processing services for corporate, consumer and government applications. The Companyâs payment solutions are utilized by its corporate customers as a means to increase customer loyalty, increase patient adherence rates, reduce administration costs and streamline operations. Public sector organizations can utilize its payment solutions to disburse public benefits or for internal payments. It markets its prepaid card solutions under its Paysign brand. It operates on a payments platform with cutting-edge fintech capabilities that can be seamlessly integrated with its clientsâ systems. This distinctive positioning allows it to provide end-to-end technologies that securely manage transaction processing, cardholder enrollment, value loading, account management, data and analytics, and customer service. Its suite of product offerings includes solutions for corporate rewards, prepaid gift cards and others.