A highly-successful and proven C-level executive with over 20 years of public and private company leadership and management experience in M&A, strategic planning, direct sales, channel sales, marketing, finance, product development, manufacturing and distribution of products and services.
 
Mr. Banks has over 20 years of experience in the financial and high-tech SaaS, eCommerce, payment processing and ISV software industries.  He has held numerous executive level management positions such as CEO, President, General Manager, VP of Business Development, Vice President of Sales and Marketing and Director of Corporate Strategy with leading financial technology companies. Mr. Banks especially enjoys working with private equity groups and helping growth-oriented companies build significant enterprise value for their shareholders.
 
In 2007, as President of Authorize.Net, a publicly traded company and leading provider of Internet payment processing products and services servicing hundreds of thousands of online merchants, Mr. Banks lead the sale of the company for $662M.  In 2008, working with private equity firm Great Hill Partners, Mr. Banks became the CEO of CamCommerce later renamed Accelerated Payment Technologies, a publicly traded company taken private as result of a leveraged buyout. Accelerated Payment Technologies was a leading provider of integrated payment technology to hundreds of independent software vendors. In 2012, Mr. Banks lead the sale of the company to Global Payments for $413M demonstrating another successful exit for the company’s investors and shareholders.
 
In 2014, Mr. Banks once again joined up with Great Hill Partners and also Bregal Sagemount for a joint investment and recap of NMI, a leading provider of white label payments enablement gateway technology servicing ISOs, ISVs and Payment Facilitators.  In 2017, Mr. Banks successfully orchestrated a strategic growth investment from private equity firms Great Hill Partners and Francisco Partners positioning the company to complete its most recent acquisition, Creditcall a provider of swipe, EMV, contactless, mobile, unattended and other card present payment processing solutions based out of Bristol, U.K. Today, NMI is a leading provider of true Omni-Channel Payments Enablement Technology.
 
After a successful exit strategy at NMI, Mr. Banks not only served as a board member, but additionally joined the executive management team at Truckstop.com serving as President of the LoadPay Business Unit where he leveraged and apply his valuable and successful payment industry experience to guide, lead and grow Truckstop.com’s payments initiative into the leading payment solution for the transportation industry. In April 2019, Mr. Banks participated in assisting the company received a strategic investment by ICONIQ Capital.
 
Mr. Banks spent nearly a decade serving on the Electronic Transaction Association (ETA) Board of Directors. Mr. Banks also served 5 years in the United States Navy and holds a Bachelor’s of Science Degree in Business Management from Utah Valley University.