Daily News: January 21, 2014

PayChoice Names Former JPMorgan Executive as President

PayChoice announced the appointment of Jonathan Wilk as president responsible for the leadership of the sales, business development, and marketing organizations. Wilk brings more than 20 years of experience in banking and management consulting, which will impact the continued growth of PayChoice. He has a demonstrated track record of success working on the launch and rollout of innovations, including the new Chase Liquid reloadable card and Bank of America’s Keep the Change program® and its payroll solution for small businesses.

Wilk was most recently with JPMorgan Chase, where he joined as the head of product and chief marketing officer for the consumer bank. He was responsible for checking, savings, debit and prepaid products, as well as brand and advertising and sponsorships for consumer banking. Wilk also held senior positions at Bank of America Merrill Lynch, including global head of product for Treasury Services and head of consumer and small business deposits.

Prior to his banking experience, Wilk was a management consultant with firms including Booz, Allen and Hamilton and Mercer Management Consulting, serving leading companies in banking and telecommunications.

“We are truly excited to have Jon join the team and continue to build on the momentum and success we are seeing in the marketplace through our distribution channels,” said Robert Digby, CEO of PayChoice. “In the last year we have acquired 16 new partnerships in the banking sector. Jon’s background and experience fits naturally in driving the next wave of growth and development of new distribution channels.”

PayChoice provides suite of payroll and HR services to small- and medium-sized businesses.