PayClearly adds Peter Connolly as VP of Credit and Compliance to its Executive Team

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Connolly to Bring In-Depth Payments Experience to Advance Continued Company Success

PayClearly, a global B2B payments solutions provider, today announced Peter Connolly, former VP & Global Chief Credit Officer at Wex, Inc. has taken the position of Vice President of Credit and Compliance, and will be working to mature the company’s existing programs and bolster these frameworks for future growth.

As a leading FinTech and B2B payments provider, PayClearly must have sound credit risk and regulatory compliance programs across all facets of its business. “It is imperative that the marketplace, our clients and partners see PayClearly’s commitment and investment in these critical areas” said John Jamieson, PayClearly’s SVP of Sales & Marketing. Connolly brings an extensive history of expertise within the world of payments, bringing PayClearly a senior leader in credit risk management and compliance solutions.

“I’m excited to dig in and expand the flexibility of PayClearly's payments and credit solutions, while ensuring credit and compliance risk are appropriately managed and become part of the company culture” stated Connolly. “The leadership team here at PayClearly is tenacious, with expertise, drive and a work ethic that I saw as compelling.”

In addition to 21 years of banking and credit experience at payments industry leader Wex Inc., Connolly also sat on the Board of Directors at WEX Bank, Inc. in Utah, an FDIC insured industrial loan bank, for 15 years, which gave him a lengthy and expanded view into regulatory compliance best practices.

“Adding Peter to our PayClearly Team is the propellant we need as we continue to grow and climb into new products and verticals, while maintaining a keen eye on credit risk and regulatory compliance” stated CPO, Tyler Palmer. “Peter has a global view enveloping an intimate background within the world of payments. We couldn’t be more ecstatic.”

About PayClearly
PayClearly is a global leader in payment issuing, card processing and other payment solutions that help companies improve processes, controls, and efficiency. Through the efforts of dedicated sales, development, and support teams in four cities across the United States and a network of issuing and acquiring partners operating in over 210 countries, PayClearly provides its clients and partners with streamlined payment solutions that significantly reduce costs and provide valuable business operations improvements.

Press Contact
Amanda Maine, Marketing at PayClearly
(888) 333-8541

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Amanda Maine
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since: 07/2017
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