Newtek Merchant Solutions Hires John O’Connor as Chief Revenue Officer
NewtekOne (NASDAQ: NEWT) has appointed John O'Connor as Chief Revenue Officer of its payment processing subsidiary Newtek Merchant Solutions (NMS). O'Connor, formerly chief growth officer at Nationwide TFS and a 30-year Citigroup veteran, will focus on promoting NewtekOne's business solutions to NMS's merchant processing clients.
O'Connor will emphasize NMS's integration with Newtek Bank's zero-fee business banking services and higher interest rates through the Newtek Advantage portal. The platform processes over $5.5 billion in merchant payments volume and offers enhanced features including faster money transfers, transaction transparency, and unified management of refunds, chargebacks, ACH, and Fed wires.
The strategic hire aligns with NewtekOne's mission to serve the estimated 30+ million independent business owners in the United States, aiming to drive growth in business deposit accounts and average account balances.
NewtekOne (NASDAQ: NEWT) ha nominato John O'Connor come Chief Revenue Officer della sua sussidiaria di elaborazione pagamenti Newtek Merchant Solutions (NMS). O'Connor, ex Chief Growth Officer di Nationwide TFS e veterano di 30 anni di Citigroup, si concentrerà sulla promozione delle soluzioni aziendali di NewtekOne ai clienti di elaborazione pagamenti di NMS.
O'Connor metterà in evidenza l'integrazione di NMS con i servizi bancari aziendali senza commissioni di Newtek Bank e tassi di interesse più elevati attraverso il portale Newtek Advantage. La piattaforma gestisce oltre $5.5 miliardi in volume di pagamenti dei commercianti e offre funzionalità avanzate tra cui trasferimenti di denaro più rapidi, trasparenza nelle transazioni e gestione unificata di rimborsi, chargeback, ACH e bonifici Fed.
Questa assunzione strategica è in linea con la missione di NewtekOne di servire i circa 30 milioni di imprenditori indipendenti negli Stati Uniti, mirando a stimolare la crescita nei conti di deposito aziendali e nei saldi medi dei conti.
NewtekOne (NASDAQ: NEWT) ha nombrado a John O'Connor como Director de Ingresos de su filial de procesamiento de pagos Newtek Merchant Solutions (NMS). O'Connor, ex Director de Crecimiento en Nationwide TFS y veterano de 30 años en Citigroup, se centrará en promover las soluciones empresariales de NewtekOne a los clientes de procesamiento de comerciantes de NMS.
O'Connor enfatizará la integración de NMS con los servicios bancarios comerciales sin comisiones de Newtek Bank y tasas de interés más altas a través del portal Newtek Advantage. La plataforma procesa más de $5.5 mil millones en volumen de pagos de comerciantes y ofrece características mejoradas, incluyendo transferencias de dinero más rápidas, transparencia en las transacciones y gestión unificada de reembolsos, contracargos, ACH y transferencias Fed.
Esta contratación estratégica se alinea con la misión de NewtekOne de servir a los aproximadamente 30 millones de propietarios de negocios independientes en los Estados Unidos, con el objetivo de impulsar el crecimiento en cuentas de depósito comerciales y saldos promedio de cuentas.
NewtekOne (NASDAQ: NEWT)는 John O'Connor를 결제 처리 자회사인 Newtek Merchant Solutions (NMS)의 최고 수익 책임자로 임명했습니다. O'Connor는 Nationwide TFS의 최고 성장 책임자였으며 Citigroup에서 30년 경력을 가진 베테랑으로, NMS의 상인 결제 고객에게 NewtekOne의 비즈니스 솔루션을 홍보하는 데 집중할 것입니다.
O'Connor는 NMS와 Newtek Bank의 수수료 없는 비즈니스 뱅킹 서비스 및 Newtek Advantage 포털을 통한 더 높은 이자율의 통합을 강조할 것입니다. 이 플랫폼은 상인 결제 볼륨이 $5.5억 이상 처리되며, 더 빠른 송금, 거래 투명성, 환불, 차지백, ACH 및 연방 송금의 통합 관리를 포함한 향상된 기능을 제공합니다.
이 전략적 채용은 미국의 약 3천만 명의 독립 사업주를 지원하려는 NewtekOne의 사명과 일치하며, 비즈니스 예금 계좌 및 평균 계좌 잔액의 성장을 촉진하는 것을 목표로 하고 있습니다.
NewtekOne (NASDAQ: NEWT) a nommé John O'Connor au poste de Directeur des Revenus de sa filiale de traitement des paiements Newtek Merchant Solutions (NMS). O'Connor, ancien directeur de la croissance chez Nationwide TFS et vétéran de 30 ans chez Citigroup, se concentrera sur la promotion des solutions commerciales de NewtekOne auprès des clients de traitement des commerçants de NMS.
O'Connor mettra l'accent sur l'intégration de NMS avec les services bancaires commerciaux sans frais de Newtek Bank et des taux d'intérêt plus élevés via le portail Newtek Advantage. La plateforme traite plus de $5,5 milliards en volume de paiements des commerçants et offre des fonctionnalités améliorées, notamment des transferts d'argent plus rapides, une transparence des transactions et une gestion unifiée des remboursements, des rétrofacturations, des ACH et des virements Fed.
Cette embauche stratégique s'aligne sur la mission de NewtekOne de servir les environ 30 millions de propriétaires d'entreprises indépendantes aux États-Unis, visant à stimuler la croissance des comptes de dépôt commerciaux et des soldes moyens des comptes.
NewtekOne (NASDAQ: NEWT) hat John O'Connor zum Chief Revenue Officer seiner Zahlungsabwicklungstochtergesellschaft Newtek Merchant Solutions (NMS) ernannt. O'Connor, ehemaliger Chief Growth Officer bei Nationwide TFS und 30-jähriger Veteran von Citigroup, wird sich darauf konzentrieren, die Geschäftslösungen von NewtekOne den Kunden von NMS im Bereich der Zahlungsabwicklung anzubieten.
O'Connor wird die Integration von NMS mit den gebührenfreien Geschäftskonten von Newtek Bank und höheren Zinssätzen über das Newtek Advantage-Portal hervorheben. Die Plattform verarbeitet über $5,5 Milliarden im Volumen von Händlerzahlungen und bietet erweiterte Funktionen, darunter schnellere Geldtransfers, Transaktions-Transparenz und eine einheitliche Verwaltung von Rückerstattungen, Rückbuchungen, ACH und Fed-Überweisungen.
Diese strategische Einstellung steht im Einklang mit der Mission von NewtekOne, die geschätzten 30 Millionen unabhängigen Geschäftsinhaber in den Vereinigten Staaten zu bedienen, und zielt darauf ab, das Wachstum von Geschäftseinlagenkonten und durchschnittlichen Kontoständen zu fördern.
- Appointment of experienced executive with 30+ years of banking industry expertise
- Integration of merchant processing with zero-fee banking services
- Substantial existing payment processing volume of $5.5 billion
- Strategic focus on growing business deposit accounts and balances
- None.
BOCA RATON, Fla., March 11, 2025 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (the “Company”) (NASDAQ: NEWT) announced today that its payment processing subsidiary Newtek Merchant Solutions (“NMS”) has hired John O’Connor as Chief Revenue Officer. Initially, Mr. O’Connor will support NMS’s efforts to make its merchant processing clients aware of the vast array of business and financial solutions offered by NewtekOne and its subsidiaries, including business checking and savings accounts with no fees and attractive interest rates. Most recently, Mr. O’Connor was chief growth officer for Nationwide TFS, LLC, a financial technology company and the largest electronic payments provider for the Chapter 13 bankruptcy industry. Prior to Nationwide TFS, John spent more than 30 years at Citigroup in various leadership roles responsible for directing the design and delivery of market programs at scale. Mr. O’Connor holds an M.B.A. from Hofstra University and a B.S. in business administration from Boston University School of Management.
Barry Sloane, President, Chairman and CEO said, “John is a great addition to the NMS team. His experience assimilating and directing marketing programs should help the Company progress to its goal of driving growth in business deposit accounts as measured by both number of accounts and average business account deposit balances. John’s core focus as Chief Revenue Officer for NMS will be to work with our staff to transition new and existing NMS clients to utilize the Newtek Advantage’s connectivity between a merchant processing account and a bank account. With NMS’ over
Mr. O’Connor commented, “I am excited to be a part of the incredible organization at NewtekOne. The opportunity to be part of a company with such unmatched customer solutions and visionary leadership inspired me to join this team, and I look forward to contributing to the Company's continued success.”
About NewtekOne, Inc.
NewtekOne®, Your Business Solutions Company®, is a financial holding company, which along with its bank and non-bank consolidated subsidiaries (collectively, “NewtekOne”), provides a wide range of business and financial solutions under the Newtek® brand to independent business owners. Since 1999, NewtekOne has provided state-of-the-art, cost-efficient products and services and efficient business strategies to independent business owners across all 50 states to help them grow their sales, control their expenses, and reduce their risk.
NewtekOne’s and its subsidiaries’ business and financial solutions include: banking (Newtek Bank, N.A.), Business Lending, SBA Lending Solutions, Electronic Payment Processing, Accounts Receivable Financing & Inventory Financing, Insurance Solutions and Payroll and Benefits Solutions. In addition, NewtekOne offers its clients the Technology Solutions (Cloud Computing, Data Backup, Storage and Retrieval, IT Consulting and Web Services) provided by Intelligent Protection Management Corp. (IPM.com).
Newtek®, NewtekOne®, Newtek Bank®, National Association, Your Business Solutions Company®, One Solution for All Your Business Needs® and Newtek Advantage are registered trademarks of NewtekOne, Inc.
Note Regarding Forward-Looking Statements
Certain statements in this press release are “forward-looking statements” within the meaning of the rules and regulations of the Private Securities Litigation and Reform Act of 1995 are based on the current beliefs and expectations of NewtekOne's management and are subject to significant risks and uncertainties. Actual results may differ materially from those set forth in the forward-looking statements. See “Note Regarding Forward-Looking Statements” and the sections entitled “Risk Factors” in our filings with the Securities and Exchange Commission which are available on NewtekOne's website (https://investor.newtekbusinessservices.com/sec-filings) and on the Securities and Exchange Commission’s website (www.sec.gov). Any forward-looking statements made by or on behalf of NewtekOne speak only as to the date they are made, and NewtekOne does not undertake to update forward-looking statements to reflect the impact of circumstances or events that arise after the date the forward-looking statements were made.
SOURCE: NewtekOne, Inc.
Investor Relations & Public Relations
Contact: Bryce Rowe
Telephone: (212) 273-2858 / browe@newtekone.com
FAQ
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