BITS - Message from the CEO

Thank you to all of you who joined us for ConnectedLive, our second annual technology conference. We had another great event, thanks to your participation and feedback. We doubled our participation from our inaugural event, and we look forward to seeing more of you next year as we continue to grow.

CEO Corner

On October 3, 2018, FRB Board Governor Lael Brainard provided remarks on the faster payments initiative which is being undertaken by the Federal Reserve System and the private sector. Her remarks were supportive of a faster payments environment in which payments are executed in real time on a 24 x 7 x 365 basis. While her remarks were positive, there was little in the way of updates on a framework solution or the role the Federal Reserve System would play.

Introducing Joe Krzywicki

Jon Evans, President & CEO recently announced that Joe Krzywicki has joined the ACBB team in the position of Chief Sales Officer to lead our Relationship Management and Marketing initiatives. Joe is committed to providing extraordinary value to our clients, contributing to our culture and supporting our organization’s client centric model. He brings with him over 25 years of experience working with financial strategies, solutions and services.

CEO Corner

We had an exciting first half of 2018 as we completed our merger and conversion. While the bulk of operational services have been consolidated, a couple of additional changes are still needed. This includes migrating former ACBB clients who utilize foreign check services to a new platform as well as vault services changes for former BBN clients. The latter includes a new portal, in addition to the way armored car services are provided. Customer training for these will be offered for the remainder of 2018.