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Payrix Chief Risk Hire Signals Shift in Payments

Payrix Chief Risk Officer Billi Jo Wright (Photo: Business Wire)

DALLAS--(BUSINESS WIRE)--

The financial technology platform adds former Elavon Chief Risk Officer Billi Jo Wright to executive team

Payrix, the technology platform built to enable software companies’ growth with flexible payment facilitation, today announced the hire of Billi Jo Wright as Chief Risk Officer, based in the Payrix office in Atlanta, GA.

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“With momentum in the category moving toward payment facilitation, Payrix feels strongly about prioritizing risk innovation and investing in a world-class team,” said Robert Butler, President of Payrix. “I’ve known Billi Jo for years and am confident that her vision and skill-set will make our risk and compliance programs a differentiator in the marketplace.”

Payrix CEO and Co-Founder Boruch Greenberg shared that “the announcement caps the company’s search for the industry’s top risk executive. As more software companies are realizing the potential of integrating payments we’ll accelerate and simplify the process with risk expertise and our technology.”

Having spent 20+ years in both issuing and acquiring, Billi Jo Wright is a payments industry leader with deep expertise in risk, compliance, business development and partner management. Wright previously held leadership roles at Elavon, Merchant e-Solutions, 2Checkout (Avangate) and Worldpay, where she specialized in implementing best-in-class risk and partner engagement programs. Along with a diverse perspective of the space, Wright is known for her ability to influence strategic vision and transform plans into benchmark performance against key goals.

Billi Jo Wright will lead a heavy-hitting team adding talent to manage Payrix’s payment facilitator program, merchant and transactional risk, and further expand the platform’s security and compliance capabilities. “With where the market is heading, I see so much opportunity in our platform. We have a flexible, sophisticated system that is every risk manager’s dream, but we haven’t even begun tapping into its full potential,” Wright noted. “Maintaining regulatory and card association compliance can be complicated and requires a significant investment in resources and technology. With Payrix, we will not only have a streamlined, frictionless customer experience, we’ll also streamline the risk and compliance burden for our partners by doing the heavy lifting for them. I’m excited to shape our vision for a strong risk culture centered around business enablement.”

About Payrix

Payrix provides SaaS businesses and marketplaces a flexible platform that enables them to control payments and unlock more revenue potential. By empowering other platforms to grow through payment facilitation, Payrix aims to lead the charge within the technology industry to reimagine the digital economy.

As technology businesses continue to evolve, there’s no one-size fits all approach to growth. Payrix offers the only fully-progressive payments solution with the ability to seamlessly grow with the user’s business. From those just getting started to those who are ready to become a payment facilitator, Payrix provides white-label solutions that afford the flexibility to customize precisely and strategically, enabling users to leverage solutions that maintain the brand integrity of their merchant customers.

For more information, visit www.payrix.com.

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