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Flywire appoints Carleigh Jaques to its Board of Directors

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Flywire (FLYW) has appointed Carleigh Jaques to its Board of Directors and Audit Committee. Jaques brings extensive fintech and payments experience from her 15-year career at Visa, where she most recently served as SVP, Global Head of Risk & Identity Solutions. Her notable achievements include accelerating Visa's global fraud detection business, leading the Cybersource gateway expansion, and founding the Corporate Development and Venture function, where she managed Visa's $23 billion acquisition of Visa Europe. Jaques is an Advisory Board Member at the Wharton AI & Analytics Initiative and has been recognized among the Most Influential Women in Payments.

Flywire (FLYW) ha nominato Carleigh Jaques nel suo Consiglio di Amministrazione e nel Comitato di Revisione. Jaques porta con sé una vasta esperienza nel settore fintech e dei pagamenti, frutto di una carriera di 15 anni in Visa, dove ha ricoperto in ultimo il ruolo di SVP, Responsabile Globale delle Soluzioni di Rischio e Identità. Tra i suoi risultati più significativi ci sono l'accelerazione del business globale di rilevamento frodi di Visa, la guida all'espansione del gateway Cybersource e la fondazione della funzione di Sviluppo Aziendale e Venture, dove ha gestito l'acquisizione da 23 miliardi di dollari di Visa Europe. Jaques è membro del Comitato Consultivo dell'Iniziativa AI & Analytics di Wharton ed è stata riconosciuta tra le Donne più Influenti nei Pagamenti.

Flywire (FLYW) ha nombrado a Carleigh Jaques para su Junta Directiva y su Comité de Auditoría. Jaques aporta una amplia experiencia en fintech y pagos tras 15 años de carrera en Visa, donde más recientemente se desempeñó como SVP, Jefa Global de Soluciones de Riesgo e Identidad. Entre sus logros notables se encuentra la aceleración del negocio global de detección de fraudes de Visa, liderar la expansión de la puerta de enlace de Cybersource y fundar la función de Desarrollo Corporativo y Venture, donde gestionó la adquisición de Visa Europe por 23 mil millones de dólares. Jaques es miembro del Consejo Asesor de la Iniciativa de IA y Analítica de Wharton y ha sido reconocida como una de las Mujeres más Influyentes en Pagos.

Flywire (FLYW)는 Carleigh Jaques를 이사회 및 감사 위원회에 임명했습니다. Jaques는 Visa에서 15년의 경력을 통해 축적한 방대한 핀테크 및 결제 경험을 가지고 있습니다. 그녀는 최근 한국의 SVP(부사장)으로 글로벌 위험 및 신원 솔루션 책임자로 재직했습니다. 그녀의 주요 성과에는 Visa의 글로벌 사기 탐지 비즈니스 가속화, Cybersource 게이트웨이 확장 주도, Visa Europe의 230억 달러 인수를 관리한 기업 개발 및 벤처 기능 설립이 포함됩니다. Jaques는 Wharton AI 및 Analytics Initiative의 자문 위원회 위원이며 결제 업계에서 가장 영향력 있는 여성 중 한 명으로 인정받았습니다.

Flywire (FLYW) a nommé Carleigh Jaques au sein de son Conseil d'Administration et de son Comité d'Audit. Jaques apporte une vaste expérience dans le secteur des fintech et des paiements grâce à ses 15 années de carrière chez Visa, où elle a récemment occupé le poste de SVP, Responsable Mondiale des Solutions de Risque et d'Identité. Parmi ses réalisations notables, on trouve l'accélération de l'activité de détection de fraude mondiale de Visa, la direction de l'expansion de la passerelle Cybersource et la fondation de la fonction de Développement Corporatif et de Venture, où elle a géré l'acquisition de Visa Europe pour 23 milliards de dollars. Jaques est membre du Conseil Consultatif de l'Initiative AI & Analytics de Wharton et a été reconnue parmi les Femmes les plus Influentes dans le domaine des Paiements.

Flywire (FLYW) hat Carleigh Jaques in seinen Vorstand und Prüfungsausschuss berufen. Jaques bringt umfassende Erfahrung im Bereich Fintech und Zahlungen mit, die sie in ihrer 15-jährigen Karriere bei Visa gesammelt hat, wo sie zuletzt als SVP, Global Head of Risk & Identity Solutions tätig war. Zu ihren bemerkenswerten Leistungen gehört die Beschleunigung des globalen Betrugserkennungsgeschäfts von Visa, die Leitung der Expansion der Cybersource-Gateway und die Gründung der Unternehmensentwicklung und Venture-Funktion, wo sie die 23 Milliarden Dollar schwere Übernahme von Visa Europe geleitet hat. Jaques ist Mitglied des Beratenden Ausschusses der Wharton AI & Analytics Initiative und wurde unter den einflussreichsten Frauen im Zahlungsverkehr anerkannt.

Positive
  • Addition of experienced executive with deep payments and risk management expertise
  • Strategic leadership background in global fraud detection and payment solutions
  • Proven track record in international business expansion and transformation
  • Experience in managing major acquisitions and strategic investments
Negative
  • None.

Former Visa executive brings deep payments, risk management and operating experience to Flywire’s Board of Directors

BOSTON, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Flywire Corporation (Nasdaq: FLYW) (Flywire), a global payments enablement and software company, today is announcing the appointment of Carleigh Jaques to its Board of Directors, effective immediately. Ms. Jaques will also serve as a member of the Audit Committee of Flywire’s Board of Directors.

Ms. Jaques brings extensive experience in financial technology, payments, risk and capital markets to Flywire’s Board of Directors. She previously led multiple strategic and operational teams over the span of a 15-year career at Visa, Inc. (NYSE: V), where she was most recently the SVP, Global Head of Risk & Identity Solutions. In this role, she accelerated the growth of Visa’s global fraud detection business, which supports financial institutions and merchants with capabilities to make real-time decisions and authenticate account holders across Visa, the world’s largest payment network, and other payment types. Prior to that, Ms. Jaques was SVP and Global Head of Acceptance Solutions at Visa, where she led the transformation of the company’s merchant and acquirer capabilities including Tap to Phone, urban mobility and merchant digital solutions. In her prior role as SVP and GM of Visa’s Cybersource business, Ms. Jaques led one of the world’s largest digital gateways, including its international expansion, sales model transformation and entry into new markets, such as face to face acceptance. Earlier in her tenure at Visa, Ms. Jaques founded the Corporate Development and Venture function and led a number of strategic investments through joint ventures and acquisitions, including Visa's $23 billion acquisition of Visa Europe. Prior to joining Visa, Ms. Jaques was a technology investment banker.

Ms. Jaques is an Advisory Board Member at the Wharton AI & Analytics Initiative and has previously been named among the Most Influential Women in Payments by PaymentsSource. She holds a B.A. from the University of Michigan and an MBA from The Wharton School at the University of Pennsylvania.

“I’m thrilled to welcome Carleigh to our Board of Directors. Her proven track record of accelerating growth across a number of Visa’s most strategic initiatives makes her a powerful addition to our team,” said Mike Massaro, Flywire CEO. “We look forward to her guidance as we continue to grow and scale Flywire, creating great value for our clients, payers and shareholders.”

“I’m honored to be joining Flywire at a pivotal time for the Company,” said Carleigh Jaques. “I know firsthand how difficult it is to tackle the complex payment challenges that Flywire continues to successfully solve, and I believe that Flywire’s unique combination of software and payments capabilities make it well positioned to continue to drive value for its clients and payers into the future.”

About Flywire

Flywire is a global payments enablement and software company. We combine our proprietary global payments network, next-gen payments platform and vertical-specific software to deliver the most important and complex payments for our clients and their customers.

Flywire leverages its vertical-specific software and payments technology to deeply embed within the existing A/R workflows for its clients across the education, healthcare and travel vertical markets, as well as in key B2B industries. Flywire also integrates with leading ERP systems, such as NetSuite, so organizations can optimize the payment experience for their customers while eliminating operational challenges.

Flywire supports more than 4,000* clients with diverse payment methods in more than 140 currencies across 240 countries and territories around the world. Flywire is headquartered in Boston, MA, USA with global offices. For more information, visit www.flywire.com. Follow Flywire on X (formerly known as Twitter), LinkedIn and Facebook.

*Excludes clients from Flywire’s Invoiced acquisition

Safe Harbor Statement

This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding Flywire’s future operating results and financial position, Flywire’s business strategy and plans, market growth, and Flywire’s objectives for future operations. Flywire intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by terms such as, but not limited to, “believe,” “may,” “will,” “potentially,” “estimate,” “continue,” “anticipate,” “intend,” “could,” “would,” “project,” “target,” “plan,” “expect,” or the negative of these terms, and similar expressions intended to identify forward-looking statements. Such forward-looking statements are based upon current expectations that involve risks, changes in circumstances, assumptions, and uncertainties. Important factors that could cause actual results to differ materially from those reflected in Flywire's forward-looking statements include, among others, the factors that are described in the "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections of Flywire's Annual Report on Form 10-K for the year ended December 31, 2023, and Quarterly Report on Form 10-Q for the quarter ended September 30, 2024, which are on file with the Securities and Exchange Commission (SEC) and available on the SEC's website at https://www.sec.gov/. The information in this release is provided only as of the date of this release, and Flywire undertakes no obligation to update any forward-looking statements contained in this release on account of new information, future events, or otherwise, except as required by law.

Media Contacts

Sarah King
Media@Flywire.com

Investor Relations Contact

Masha Kahn
ir@flywire.com


FAQ

Who is the newest board member appointed to Flywire (FLYW)?

Carleigh Jaques has been appointed to Flywire's Board of Directors and will serve on the Audit Committee.

What was Carleigh Jaques' most recent position before joining Flywire's board?

She was SVP, Global Head of Risk & Identity Solutions at Visa, where she led the global fraud detection business.

What major acquisition did Carleigh Jaques oversee at Visa?

She led Visa's $23 billion acquisition of Visa Europe while heading the Corporate Development and Venture function.

What committees will Carleigh Jaques serve on at Flywire (FLYW)?

Carleigh Jaques will serve as a member of the Audit Committee of Flywire's Board of Directors.

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