Usio Welcomes Payments Veteran Mr. Jerry Uffner as Senior Vice President of Card Issuing Sales
December 06 2023 - 8:00AM
Business Wire
Usio, Inc: (Nasdaq: USIO), a leading FinTech company that
operates a full stack of integrated, cloud-based electronic payment
and embedded financial solutions, today announced the appointment
of Mr. Jerry Uffner, an accomplished leader with a proven track
record of driving payment operation revenue growth, as Senior Vice
President of Card Issuing Sales.
Before joining Usio, Mr. Uffner held the position of President
at Tern Commerce, Inc, an early-stage fintech payment company where
he helped spearhead the launch of their Fintech Banking as a
Service (BaaS) platform and established Tern as a Program Manager.
Mr. Uffner previously served as Senior Vice President of Prepaid at
FIS, successfully stabilizing revenue and increasing EBITDA in the
Prepaid Division after a period of decline. In addition, Uffner was
enlisted to rejuvenate FirstView Financial, achieving an impressive
100% increase in revenue during his tenure. Uffner has demonstrated
his ability by developing numerous new prepaid products with market
differentiation and unique positioning, earning him accolades in
the form of payment industry product innovation awards. Jerry’s
extensive sales leadership experience also includes serving some of
the most notable publicly traded FinTech organizations such as
Worldpay and First Data and privately held FinTech companies, such
as TransCard and InComm.
Jerry also currently serves as President and a Board Member at
BackPack Blessings in Marietta, GA.
Houston Frost, Usio Senior Vice President of Card Issuing,
stated, “With record card issuing revenue growth anticipated in
2023, Jerry Uffner is a welcomed addition to our team. Uffner’s
leadership and sales experience will contribute to our continued
growth planned for 2024 and beyond. We eagerly anticipate his
expertise in implementing innovative payment strategies, forging
strategic partnerships and leading high-performing prepaid card
issuing sales.”
About Usio, Inc.
Usio, Inc. (Nasdaq: USIO), is a leading Fintech that operates a
full stack of proprietary, cloud-based integrated payment and
embedded financial solutions in a single ecosystem to a wide range
of merchants, billers, banks, service bureaus and card issuers. The
Company operates credit/debit and ACH payment processing platforms,
as well as a turn-key card issuing platform to deliver convenient,
world-class payment solutions and services to its clients. The
Company, through its Usio Output Solutions division, offers
services relating to electronic bill presentment, document
composition, document decomposition and printing and mailing
services. The strength of the Company lies in its ability to
provide tailored solutions for card issuance, payment acceptance,
and bill payments as well as its unique technology in the prepaid
sector. Usio is headquartered in San Antonio, Texas, and has a
development office in Austin, Texas.
Websites: www.usio.com, www.payfacinabox.com, www.akimbocard.com
and www.usiooutput.com. Find us on Facebook® and Twitter.
FORWARD-LOOKING STATEMENTS
DISCLAIMER
Except for the historical information contained herein, the
matters discussed in this press release include forward-looking
statements which are covered by safe harbors. Those statements
include, but may not be limited to, all statements regarding
management's intent, belief and expectations, such as statements
concerning our future and our operating and growth strategy. These
forward-looking statements are identified by the use of words such
as "believe," "should," "intend," "look forward," "anticipate,"
"schedule,” and "expect" among others. Forward-looking statements
in this press release are subject to certain risks and
uncertainties inherent in the Company's business that could cause
actual results to vary, including such risks related to an economic
downturn, the realization of opportunities from the IMS
acquisition, the management of the Company's growth, the loss of
key resellers, the relationships with the Automated Clearing House
network, bank sponsors, third-party card processing providers and
merchants, the security of our software, hardware and information,
the volatility of the stock price, the need to obtain additional
financing, risks associated with new legislation, and compliance
with complex federal, state and local laws and regulations, and
other risks detailed from time to time in the Company's filings
with the Securities and Exchange Commission including its annual
report on Form 10-K for the fiscal year ended December 31, 2022.
One or more of these factors have affected, and in the future could
affect, the Company’s businesses and financial results and could
cause actual results to differ materially from plans and
projections. Although the Company believes that the assumptions
underlying the forward-looking statements included in this press
release are reasonable, the Company can give no assurance such
assumptions will prove to be correct. In light of the significant
uncertainties inherent in the forward-looking statements included
herein, the inclusion of such information should not be regarded as
a representation by us or any other person that the objectives and
plans will be achieved. All forward-looking statements made in this
press release are based on information presently available to
management. The Company assumes no obligation to update any
forward-looking statements, except as required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20231206285916/en/
Paul Manley Senior Vice President, Investor Relations
paul.manley@usio.com 612-834-1804
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