Comerica Bank Taps Allysun Fleming to Head Payments Unit

Comerica Bank has appointed Allysun Fleming to lead payment strategy as it moves all payments-related operations into a single unit that she will head as the new executive vice president, payments, reporting to Executive Vice President Peter Sefzik.

“Our vision is to grow and optimize Comerica in ways that deepen the value we provide our commercial, wealth and retail customers,” Sefzik in a Monday (Aug. 1) press release.

Sefzik said Fleming brings extensive leadership and knowledge to the role as the bank continues to invest in its payments division and “improve how we serve our customers and provide future growth opportunities.”

See also: Payment Optimization Is the Watchword as Commerce Goes Global

Comerica remains committed to enhancing digital payment capabilities and supporting alternative payment options to meet customers’ needs across all business lines. The bank was among the earlier users of Zelle and introduced real-time payments to its Treasury Management services. It’s also making the onboarding process easier for its treasury management services.

As head of the payments division and treasury management, Fleming will provide strategic direction and leadership while also advancing change.

She brings over 18 years of experience in the financial services industry and was most recently with Wells Fargo in Charlotte, North Carolina, as Head of Customer Transformation for Commercial Banking. She also held a variety of international assignments at HSBC.

Her experience includes treasury management, digital customer experience, and commercial, consumer and small business banking.

Related: 23% of SMBs Want All-in-One Solution to Make Business Payments

Comerica Incorporated trades on the New York Stock Exchange under the ticker CMA and is headquartered in Dallas, Texas. The financial services company offers commercial and retail banking as well as wealth management and has branches in Texas, Arizona, California, Florida and Michigan, with select businesses operating in several other states, as well as in Canada and Mexico. Total assets of $86.9 billion were reported by the bank as of June 30, 2022, per the release.