SYS-CON MEDIA Authors: Mat Mathews, PR.com Newswire, David Smith, Tim Crawford, Kevin Benedict

News Feed Item

Ingo Money Adds Fintech Veteran Charles Potts as New EVP of Business Development and Enterprise Sales

Ingo Money (“INGO®”) announced the addition of Charles Potts as executive vice president of Business Development and Enterprise Sales, where he will oversee the development and implementation of the company’s enterprise growth strategy. In this role, Potts will help lead the overall business and product strategies for Ingo Money’s direct and indirect sales to financial institutions.

Potts brings more than 26 years of financial technology expertise and leadership experience to his new position at Ingo Money. Most recently, he served as president of Banno, where he oversaw the company’s growth within the financial services marketplace and accelerated the product delivery strategies of its partnerships. Prior to Banno, Potts was managing director of Business Alliances and International Sales at ProfitStars®, a division of Jack Henry & Associates, Inc.

“It is an exciting time for the financial services and payments industries, but thriving in today’s environment requires strong leadership and a forward-thinking mindset,” said Drew Edwards, founder and CEO, Ingo Money. “Charles not only possesses these fundamental qualities, but also brings a wealth of industry expertise and established strategies to maximize development and growth.”

In 2009, Potts was senior vice president of Business Development for Goldleaf Financial Solutions, prior to its acquisition by ProfitStars. At Goldleaf, he was key to developing and managing its corporate development strategy, alliances and partnerships and corporate communications. Potts also served as co-founder, president and CEO of Beacon Software, Inc.; co-founder, president and CEO of iBank LLC; vice president of Business Development for nFront (now Digital Insight); and global accounts manager at Interactive Planning Systems (now a Fiserv company). He began his banking career at the former Citizens & Southern National Bank (now Bank of America).

“Ingo Money set the standard for the secure, safe and cost-effective delivery of good funds through any bank channel,” said Potts. “It’s exciting to be part of a fast-paced organization that is focused on providing flexible and reliable services that banks sorely need. We’re building an impressive management team to support our growth plans and I look forward to contributing my talents to support Ingo Money’s continued success.”

About Ingo Money

Ingo Money, Inc® (formerly Chexar Networks, Inc.) has provided financial services to hard working individuals in the U.S. for 12 years. Ingo Money’s solutions enable consumers to convert any check into Good Funds defined as money that is safe to spend because it doesn’t carry the risk of reversal. We believe that the population needs Good Funds solutions that give them easy and affordable control over their money.

The company’s solutions include a consumer direct remote deposit capture network Branded Ingo® delivered on smartphones and a white label commercial solution branded Ingo Enterprise® that powers banks and AFS companies to offer Good Funds across all of their channels including branch, ATM and smartphones. Today consumers access Good Funds from thousands of bank and AFS locations, ATMs, Kiosks, and mobile devices around the nation.

Ingo Money is located in Georgia where it operates a data center, and two risk management centers employing almost 150 professionals. Ingo Money’s clients include some of the largest banks, AFS providers and payment networks in the world.

Learn more at ingomoney.com or contact Chez Echeverri at [email protected].

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.