AppTech Payments Corp. Kicks off 2022 By Welcoming Nicholas Nolasco and Scott Carnley as Senior Leaders within the Company’s Research, Development & InfraOps Team

Rhea-AI Summary

AppTech Payments Corp. (NASDAQ: APCX) has appointed Nicholas Nolasco as Chief Architect and Scott Carnley as Director of Engineering, enhancing its technical leadership team. Nolasco brings over 17 years of experience, previously leading significant projects at Zuora and Blackbaud, focusing on scalable fintech solutions. Carnley, with two decades of experience, also joins from Blackbaud, where he developed systems for high-volume transaction processing. AppTech aims to strengthen its fintech platform and customer offerings with this leadership boost.

Positive

• Appointment of Nicholas Nolasco as Chief Architect to enhance technical strategy.
• Nicholas has a strong background in developing scalable systems at Zuora and Blackbaud.
• Scott Carnley appointed as Director of Engineering, bringing two decades of experience.
• Focus on building secure and scalable fintech solutions for improved customer experience.

Negative

• None.

CARLSBAD, Calif., Jan. 13, 2022 (GLOBE NEWSWIRE) -- AppTech Payments Corp. (“AppTech”) (NASDAQ: APCX), a fintech company powering commerce experiences, announced today that they have appointed Nicholas Nolasco and Scott Carnley as members of the company’s senior technical leadership team.

Nicolas will be AppTech’s Chief Architect responsible for setting the technical strategy and direction of AppTech’s fintech platform; ensuring that it is robust, scalable, and secure.

Nicolas joins AppTech from Zuora, where he led the development of cloud infrastructure and tooling that greatly accelerated developer productivity across the organization, enabling products to release new features multiple times an hour. Most recently, he worked on a big data observability system processing millions of events per second to enable real-time insights, alerting, and predictive analytics from previously siloed logs, metrics, and application data.

Nicolas brings over 17 years of experience working on a wide range of critical production systems across multiple industries. Early in his career, Nick worked on real-time software for automated guided vehicles, and for the past 11 years has been architecting, building, and leading teams focused on big data, communications, payments, and infrastructure in both AWS and Azure. Prior to working at Zuora, Nick developed and architected multiple large-scale systems at non-profit SaaS provider, Blackbaud, including a greenfield Data Platform and a re-imagined Communication Services platform.

“I couldn’t be happier to be a part of the AppTech team,” said Nicolas, “I very much look forward to working with the R&D team to deliver world-class products that will delight our customers today, as well as building a secure foundation that can scale to meet our customers’ needs in the future.”

Scott will be AppTech’s Director of Engineering, leading the day-to-day management of AppTech’s Engineering team. He will also work with the company’s Chief Architect in defining the technical strategy and direction for AppTech’s fintech platform.

Scott joins AppTech with over two decades of experience developing mission critical systems that are capable of processing large volumes of transactional throughput with high performance, scalability, and redundancy.

Most recently, Scott joins AppTech from Blackbaud where he held the role of Principle Software Architect. Early in his career, Scott was instrumental in architecting the company’s first content management solution. This CMS gave non-profits an easy means to launch a website that allowed for multi-channel marketing that was fully integrated into Blackbaud’s existing suite of non-profit solutions. This segued into Scott’s most recent role with the company as Chief Architect of Blackbaud Communication Services. This service acts as the communication backbone for Blackbaud’s suite of enterprise non-profit solutions and regularly processes billions of messages per year, with spikes reaching tens of millions of messages per hour during high-volume days.

“I’m thrilled to be a part of the AppTech family,” said Scott, “With our talented team, our innovative platform, and all of the opportunities in the fintech space, we’re poised for a very exciting 2022!”

AppTech CTO, Ben Jenkins, commented, “I’m extremely pleased to welcome Nick and Scott to our technical leadership team. Their extensive background in building enterprise solutions, as well as their tremendously valuable insight and talent brought forth from years of developing and leading innovative platforms at scale will anchor AppTech’s growth well into the future.”

About AppTech

AppTech Payments Corp. is a publicly listed fintech company utilizing innovative payment processing and digital banking technologies to complement core merchant services capabilities. AppTech’s patented and proprietary software will provide progressive and adaptable products that are available through a suite of synergistic offerings directly to merchants, banking institutions and business enterprises.

AppTech is developing an embedded, highly secure digital payments and banking platform that powers commerce experiences for clients and their customers. Based upon industry standards for payment and banking protocols, AppTech will offer standalone products and fully integrated solutions that deliver innovative, unparalleled payments, banking, and financial services experiences. Our processing technologies can be taken off-the-shelf or tapped into via our RESTful API to build fully branded and customizable experiences while supporting tokenized, multi-channel, and multi-method transactions. For more information about our company, please visit www.apptechcorp.com.

Forward-Looking Statements

This press release contains forward-looking statements that are inherently subject to risks and uncertainties. Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as “anticipate, believe, estimate, expect, forecast, intend, may, plan, project, predict, should, will” and similar expressions as they relate to AppTech are intended to identify such forward-looking statements. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in methods of marketing, delays in manufacturing or distribution, changes in customer order patterns, changes in customer offering mix, and various other factors beyond the company’s control. Actual events or results may differ materially from those described in this press release due to any of these factors. AppTech is under no obligation to update or alter its forward-looking statements whether as a result of new information, future events or otherwise.

Contact

AppTech Corp. Investor Relations

ir@apptechcorp.com

(760) 707-5955

FAQ

Who are the new appointments at AppTech Payments Corp. (APCX)?

Nicholas Nolasco is appointed as Chief Architect and Scott Carnley as Director of Engineering.

What is the focus of the new technical leadership team at AppTech (APCX)?

The team is focused on enhancing the technical strategy and direction of AppTech's fintech platform.

What experience do the new leaders bring to AppTech (APCX)?

Nicholas Nolasco has over 17 years of experience in fintech, while Scott Carnley has two decades in developing critical systems.

What is the goal of AppTech Payments Corp. (APCX) following these appointments?

AppTech aims to strengthen its fintech platform and improve customer offerings.