The former head of BMO Financial Group's North
American Treasury and Payment Solutions and seasoned banking
executive brings a wealth of industry knowledge and insight to
DailyPay
NEW
YORK, May 2, 2024 /PRNewswire/ -- DailyPay,
a worktech company and the leading provider of earned wage
access, today announced that Brett
Pitts has joined its Board of Directors. Pitts, an
accomplished leader in the banking and payments industries, brings
decades of experience to DailyPay from prominent financial
institutions and financial services companies where he drove
innovation as an executive leader and board member.
"Brett's industry acumen stemming from decades of leadership
positions at some of the world's largest financial institutions
will be valuable to us as we continue to grow and innovate our
workforce technology platform," said Kevin
Coop, CEO, DailyPay. "Brett has been a trailblazer in the
banking and payments space, both in commercial and consumer
financial services, and we look forward to having him on DailyPay's
Board of Directors."
With 25 years of experience in banking/financial services and
over 30 years in the digital technology space, Pitts most recently
served as the Head of North American Treasury and Payments
Solutions at BMO Financial Group. His extensive purview included
cash management, commercial deposits, corporate cards, BMO's
business-to-business (B2B) digital and payment strategies, and
managing the payments infrastructure for the enterprise. Before
this role, Pitts served as BMO Financial Group's Chief Digital
Officer leading the bank's digital portfolio, overseeing the North
American virtual channel experiences and operations for digital and
the North American Customer Contact Centers.
Before joining BMO, Pitts spent 17 years at Wells Fargo, most
recently as the Executive Vice President and Group Head of Digital,
responsible for all aspects of the bank's digital channels and
experiences for the company's retail customers, including consumer,
small business, wealth, and digital payments. This included
accountability for almost 30 million active digital customers and
over 5.5 billion interactions per year.
"DailyPay has created a game-changing innovation at the
intersection of payroll and banking, leading an entirely whole new
industry that disrupts the historical, more constrained ways that
money has moved from employer to employee," said Brett Pitts. "I look forward to leveraging my
customer, technology, and operational perspectives as DailyPay
accelerates its growth and adds more value to the employer-employee
relationship."
Pitts obtained an MBA in Management Information Systems from the
Eller Graduate
School of Management at the University of
Arizona. He received a Bachelor of Business Administration
in Marketing and Finance from the University
of Texas at Austin.
Pitts has served on several boards and advisory groups,
including Moneris, The Clearing House, Early Warning Services, and
Kids Help Phone.
About DailyPay, Inc.
DailyPay, Inc. is transforming
the way people get paid. As a worktech company and the industry's
leading earned wage access solution, DailyPay uses an award-winning
technology platform to help America's top employers build stronger
relationships with their employees. This voluntary employee benefit
enables workers everywhere to feel more motivated to work harder
and stay longer on the job while supporting their financial
well-being outside of the workplace. DailyPay is headquartered in
New York City. For more
information, visit www.dailypay.com/press.
Media Contacts:
David
Schwarz
david.schwarz@dailypay.com
Adriana Ball
adriana.ball@dailypay.com
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SOURCE DailyPay