AppTech Payments Corp. expands the management team with new key employees

Strategic new hires to support and accelerate speed to market for AppTech’s Commerse™ product platform

CARLSBAD, Calif., Dec. 06, 2022 (GLOBE NEWSWIRE) — AppTech Payments Corp . (AppTech) (NASDAQ: APCX), an innovative FinTech company that drives seamless, omni-channel commerce between businesses and consumers, today announced two new strategic hires to expand its leadership team and improve the company’s operations. Deborah Hinderstein has joined AppTech as Vice President of Payments Operations alongside Alexander Amaeze as Technical Product Manager. Each brings significant experience in the payments industry that will support product development and administration to deliver flawless customer experiences to scale partner brands for AppTech.

Deborah will lead and manage all payments operations for AppTech’s lines of business. This includes overseeing the payments operations team supporting partners across merchant procurement, as well as issuing and ensuring payments are processed and managed within established service level agreements. Deborah joins AppTech with over 15 years of leadership experience at companies such as Bank of America Merchant Services, Wells Fargo, WorldPay and MerchantE. Her experience includes managing all facets of the business, from sales, relationship management, product, project management and operations.

In his role, Alexander will be responsible for creating data-driven business and technology strategies to achieve operational goals and guide the team to the delivery of AppTech’s Commerse product platform. Alexander has over fifteen years of product management experience spanning leading companies such as Xfinity/Comcast, AT&T, Toyota Financial and Capital One.

“We are thrilled to have Deborah and Alexander join our talented team. Both of these talented individuals bring extensive knowledge and experience that will strengthen AppTech’s leadership team and accelerate the speed to market of our Commerse product platform,” said Luke D’Angelo, CEO director and chairman of AppTech. “Their combined deep understanding of our industry will be integral to AppTech’s mission to deliver a better way for businesses to provide their customers with customizable, immersive commerce experiences.”

Commerse is a cloud-based Commerce Experiences-as-a-Service (“CXS”) platform supported by AppTech’s mobile commerce patents, core partner technology and other related internal intellectual property. CXS solutions include PaaS, BaaS, Data, AI/ML, MarTech and other capabilities to create flexible, rich, personalized payment and banking experiences for end users. “One platform. All commerce.” the slogan succinctly describes how Commerse seamlessly delivers digital banking services and accepts digital payments, including credit card issuance of physical and virtual cards from credit cards and alternative payment processing services such as text-to-pay, to cross-border payment options, all facilitated by a single trusted ecosystem.

For more information, visit commerce.io.

Forward-looking statements
This press release contains forward-looking statements that are inherently subject to risk and uncertainty. All statements in this document that are not historical facts are forward-looking statements as defined in the US Private Securities Litigation Reform Act of 1995. Words such as “anticipate, believe, estimate, expect, foresee, intend, may, plan, project , predict , should, will” and similar expressions in relation to AppTech are intended to identify such forward-looking statements. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in marketing methods, delays in production or distribution, changes in customer order patterns, changes in customer offering mix and various other factors beyond the Company’s control. Actual events or results may differ materially from those described in this press release due to any of these factors. AppTech is undertakes no obligation to update or change its forward-looking statements looks either as a result of new information, future events or otherwise.

About AppTech Payments Corp.
AppTech Payments Corp. (NASDAQ: APCX) is an innovative Fintech company whose mission is to deliver a better way for businesses to provide their customers with customizable, immersive commerce experiences. Commerse, its brand new patent-backed technology platform that powers seamless omni-channel Commerce Experiences-as-a-Service (CXS), powers highly secure, scalable, cross-border digital banking, text-to-pay, crypto payments and merchant services all from a single, unified stack designed to increase operational efficiency and growth for businesses while providing the financial convenience customers demand from today’s commerce experiences. For more information, visit apptechcorp.com.

Investor Relations Contact
Ben Shamsian
Lytham Partners, LLC
[email protected]
646-829-9701

Media contact
Sarah Bilyeu
KCD PR for AppTech Payments Corp.
[email protected]
619-252-9111

AppTech Payments Corp.
[email protected]
760-707-5959