PayLease Hires Pete Ziverts as Chief Compliance Officer

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Position Created to Help Maintain PayLease’s Stringent Security Standards.

PayLease, LLC (http://www.paylease.com), a leading provider of electronic payments for the property management industry, today announced that Pete Ziverts has been hired as the organization’s first Chief Compliance Officer. In this newly created role, Mr. Ziverts will enforce the numerous legal and payment network mandates that govern PayLease’s business activities. His appointment reaffirms PayLease’s dedication to providing the highest level of security for its property management clients. PayLease’s online payments portal already meets the highest levels of security compliance including PCI Level 1, SSAE 16 and more.

Ziverts has an extensive background managing compliance and regulations within the payments industry. Before joining PayLease, he spent the past two decades working in Compliance, Government Affairs and Corporate Communications for organizations like First Data Corporation and Western Union. He also has a consulting firm that helps companies resolve communications and regulatory issues.

Mr. Ziverts will report directly to PayLease CEO Dave Dutch. In commenting on Ziverts’ hiring, Dutch said, "Compliance is a critical strategic and operational part of our organization. Because we place such a high priority on these matters, finding the right person to manage our compliance initiatives was imperative. Pete’s experience and expertise makes him the perfect person for this position and I am happy he is part of the PayLease team.”

About PayLease, LLC

PayLease, LLC (http://www.paylease.com), is a leading electronic payments provider for the property management industry, specifically targeting the multifamily, single family, HOA and commercial markets. PayLease provides property managers the ability to accept and manage rent payments and HOA payments through a secure online interface. With PayLease, residents are able to pay their property manager using an E-check or with a credit card. Since its inception in 2003, PayLease has grown to serve thousands of property management companies nationwide and is among the fastest growing technology companies in the United States. For more information, please visit http://www.PayLease.com.

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Jennifer Stahlman
PayLease
303.697.8370
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