RemitPro Strengthens Board of Directors Former First Data Corporation Executives Join the Team



    OMAHA, Neb., Sept. 10 /PRNewswire/ -- RemitPro LLC, a leading provider of
 fraud protection and risk management tools for the brokerage and insurance
 industries, today announced that former First Data Corporation (FDC) chairman
 and CEO, Ric Duques has joined the company's Board of Directors.  David
 Bailis, former FDC executive vice president, also joined the Board of
 Directors.
     "In ten years time, Ric Duques guided First Data from IPO to global giant.
 We welcome his insight as we continue to grow our business," said Jana Waughn,
 RemitPro founder and Chairman of the Board.  "Under Duques' leadership, First
 Data grew from a market capitalization of $3.8 billion in 1992 to more than
 $30 billion.  The addition of Ric Duques and David Bailis to our Board bring a
 new level of industry expertise and client knowledge to our team."
     Ric Duques joined American Express in 1987, heading the Data Based
 Services Group, which following its initial public offering in 1992, became
 First Data Corporation.  Duques served as Chairman of the Board and Chief
 Executive Officer of First Data until January 2002.  He continued to serve as
 Chairman of the Board until January 2003.  Duques also served as head of
 Automatic Data Processing (ADP) Brokerage Services.  He is currently a member
 of the boards of both Unisys Corporation and SunGard.  Duques is also a member
 of the Board of Directors of eONE Global LP, an affiliate of FDC.
     David Bailis served as Executive Vice President for First Data until 2001.
 During his 12 years with First Data, Bailis was responsible for a number of
 strategic areas including the company's electronic commerce initiatives and
 its worldwide card issuer processing business.  Additionally, Bailis served as
 the General Counsel and Chief Administrative Officer for First Data.
 
     RemitPro provides funds processing and risk management services along with
 the related technology to the securities and insurance industries. Solutions
 include check conversion, web-enabled ACH, and fraud detection and prevention.
 Merging treasury management and risk management solutions, RiskAlert, a
 RemitPro product suite, ensures clients achieve compliance to the USA Patriot
 Act rapidly and efficiently.  For more information on RemitPro, RiskAlert, or
 the USA Patriot Act and the pending Oct. 1, 2003 deadline for compliance,
 visit RemitPro's website at http://www.remitpro.com .
 
 

SOURCE RemitPro LLC

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

 

PR Newswire Membership

Fill out a PR Newswire membership form or contact us at (888) 776-0942.

Learn about PR Newswire services

Request more information about PR Newswire products and services or call us at (888) 776-0942.