First American Payment Systems Announces Organizational Changes

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Strategic Partner Channel sees new leadership, company promotions

(Left) John Newton, Director of Sales, Strategic Partnership Channel and Cody Yanchak, Director of Sales, Financial Institutions

First American Payment Systems announced today that Cody Yanchak has been named Director of Sales, Financial Institutions and John Newton has been promoted to Director of Sales, Strategic Partners.

“First American is committed to the success of our Financial Institution and ISO partnerships. Recent developments with key opportunities necessitated the realignment of the sales leadership team,” said Vice President of Sales for the Strategic Partner Channel, Jason Putnam. “I am very excited about the new positions and expect great things from Cody and John.”

Yanchak has been responsible for growing the ISO, Agent, and Financial Institutions since he began working for First American in 2010. In the new role of Director of Sales for Financial Institutions, he is now singularly focused on Financial Institutions partnerships. “I’m looking forward to contributing to the growth of our bank partners. We have an enormous opportunity and responsibility to provide secure, valuable solutions that enhance and protect our bank partners’ client relationships,” Yanchak said.

As Director of Sales for Strategic Partners, John Newton will provide sales leadership to the ISO and Agent vertical. “I am excited about the opportunity to further expand our partner relationships. First American has a valuable, marketable, in-house product suite; and more importantly provides a level of service that sales agents and ISO’s demand and deserve,” Newton said.

Newton initially joined First American in 2009. He has been instrumental in the development and growth of First American’s core ISO, Agent and Referral partnerships.

About First American Payment Systems
First American Payment Systems, L.P., based in Fort Worth, Texas, is a merchant services provider and electronic payment processor for more than 140,000 merchants throughout the United States. In addition to credit, debit and EBT card processing, First American also offers a complete line of proprietary products and services to businesses and non-profits, including Secur-Chex® check services, FirstAdvantage® gift cards, FirstPay.Net™ e-commerce solutions, FirstFund® ACH software, Govolution® government e-payments, national ATM sales, and Merimac Capital® point-of-sale equipment and ATM leasing. For more information, visit

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Rick Rizenbergs, Executive VP, Sales and Marketing