Payments firm Deluxe has hired Yogaraj (Yogs) Jayaprakasam as the company’s first chief technology and digital officer, saying he has “overall responsibility for the company’s technology and digital assets,” according to a Wednesday (May 4) press release.
Jayaprakasam will lead Deluxe’s development of technology-based products and platforms, which “are becoming the company’s core products,” per the announcement. He also is charged with delivering “operating efficiency from the company’s recently installed modern cloud-based infrastructure.”
“Yogs brings the unique combination of experience we need to accelerate our transformation into a payments and data company,” Deluxe President and CEO Barry McCarthy said in the company press release.
“Yogs is a leader with deep roots in payments and data services,” he said. “He has built and operated ultra-high availability, highly secure, global platforms and led global development where proprietary technology is the product at one of the most admired payments companies in the world.”
Jayaprakasam comes to Deluxe from American Express, where he most recently was unit chief information officer for the Global and Large Client Group and head of engineering for B2B Digital Payments. He also led technology initiatives for AmEx’s Global Commercial Services division, which services more than 60% of the world’s Fortune 500 clients.
“This is a tremendous opportunity to join a dynamic company that not only has a history of innovation but is executing well on its transformation,” Jayaprakasam said in the press release. “I am eager to get to join the exceptional team at the new Deluxe.”
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Related: Deluxe Adds BillGO to Portfolio to Provide Digitized Check Delivery
Earlier this week, Deluxe began working with bill payment platform BillGO to provide digitized check delivery of payments via the Deluxe Payment Exchange Network (DPX), a digital payment platform that gives payers options on how payments are made — digitally through a direct feed to a lockbox, through an eCheck, or printed and mailed, giving the recipient options for how they want their payments received.
