NYMBUS Names Joerg Richter Chief Operating Officer, Platforms

NYMBUS®, a provider of the world's most advanced financial services platform, today announced Joerg Richter has been appointed Chief Operating Officer, Platforms. In his new role, Dr. Richter will help lead the company's expanding operations, mission-critical customer needs and continued development of the NYMBUS SmartBanking platform.

Dr. Richter is a 21-year technology veteran with a distinguished career of inventing, developing and successfully taking to market highly innovative IT-based value-add services. Most recently at Mediaspectrum, Dr. Richter has served four years as Vice President of Solution Management and then as President, overseeing the company's entire business strategy and operations which has reached over 100 successful implementations at some of the largest media and marketing companies by transaction volume in the world.

Prior to Mediaspectrum, Dr. Richter worked at SAP, focused on advancements in cross-platform advertising sales and publishing. His responsibilities encompassed everything from market analysis and technical visionary, to product design and realization, to market introduction and sales execution.

Adding to his resume, Dr. Richter holds a Masters in Pure Mathematics from the University of Nantes in France; a postgraduate fellowship from the University of Massachusetts at Amherst, United States; and a German Ph.D. in Pure Mathematics from the Technical University of Berlin, Germany.

"Technology that disrupts banking isn't effective without the operational support that delivers these solutions," said NYMBUS Chief Operating Officer of Banking, Anne Miela. "We're thrilled Joerg has joined our team and will lend his proven expertise at overseeing platform growth in functionality and stability while creating significant reductions in deployment costs for serving our banks and credit union clients."

NYMBUS' executive appointment follows the fast-rising list of financial institutions opting for NYMBUS SmartLaunchtm, its revolutionary digital bank solution. Built on NYMBUS' modern SmartCore^® platform, SmartLaunch eliminates the need to undergo a conversion or hire new resources in order to quickly and cost-effectively stand up a fully-outsourced digital bank for acquiring new customers, deposits and revenue growth.

"As digital disruption within the banking industry continues to intensify, organizations must adopt innovative technology immediately to remain relevant and compete," said NYMBUS President, David Mitchell. "We are proud to lead this directive with digital-first solutions like SmartLaunch and SmartCore, and with Joerg on our team, we are confident our clients will thrive in their markets."

About NYMBUS
NYMBUS provides the world's most advanced financial services platform. From SmartCore, SmartDigitaltm and SmartPaymentstm, our flagship digital technology solutions, to SmartLaunch, our full-service and standalone digital bank alternative, NYMBUS SmartBanking enables financial institutions to digitally transform their businesses.