As the US is starting to understand the impact of COVID-19 and its aftermath on our economy, more consumers are expected to default and find themselves dealing with debt. Banks, lenders, and other financial players are accelerating their digital transformation roadmaps, shortening years’ worth of development into mere months, in an attempt to service consumers at scale while managing the complexities of our new normal and the limitations of outdated infrastructure.
This push to digitize rewards market leaders, and as a result TrueAccord is growing, and every month we serve more consumers and more financial institutions than we ever did. Growth attracts clients, funding, and world-class talent, and the latter is what we’re excited to announce today.
Laura Marino joins TrueAccord as Chief Product Officer. We work with some of the most sophisticated financial institutions in the world, and they require outstanding innovation, speed to market, and high-quality execution. Consumers need delightful experiences and a helping hand on their way back to financial stability. Laura’s experience at Lever and other enterprise-facing technology companies will be instrumental in upleveling our product offering, meeting our clients needs, and articulating a roadmap that combines an understanding of regulations, robust architecture, and an ever-evolving, high-performing servicing capability that supports financial institutions and consumers alike.
Charles Deutsch joins us as General Manager of Financial Services. TrueAccord offers low-friction, easy-to-use repayment tools for consumers who are ready to tackle their debt repayment journey and improve their financial stability. Regardless, many consumers can’t pay their debts because of financial difficulties. Charles will draw on his vast experience in running fintech businesses to build tools to help consumers improve their financial situation, and as a result, their ability to repay debt.
Laura Marino and Charles Deutsch join a world-class team composed of company Founder and CEO of TrueAccord Group, Ohad Samet, Sheila Monroe as COO and CEO of TrueAccord Corp, Gene Linetsky as CTO, Noah Barr as CFO, and Nadav Samet as CIO and General Manager of True Life Solutions, which launched the game-changing consumer product, Engage.