BOSTON, Feb. 6, 2013 (GLOBE NEWSWIRE) -- MineralTree, Inc., maker of the cloud-based, secure payments solution built specifically for banks and their small business customers, welcomes Ralph Dangelmaier, CEO of BlueSnap and a 25 year financial services and payments industry veteran, to their Board of Directors.
Most recently, Dangelmaier served as the President of Global Markets and Services for ACI Worldwide, a global provider of electronic payment software and solutions to over 1,600 retailers, processors and financial institutions worldwide. Prior to ACI, Mr. Dangelmaier was the CEO of P&H Solutions, leading the business from its early stages to over $40 million of revenue before it was acquired by ACI in 2006.
"The payments industry is undergoing a dramatic transformation and MineralTree is well positioned to drive innovation and lasting value in this growing market," said B.C. Krishna, founder and CEO of MineralTree. "With deep knowledge and a proven track record of building market-leading payments companies, Ralph Dangelmaier adds a valuable perspective to the MineralTree Board of Directors that will help us execute well and accelerate our growth."
"Banks of all sizes are looking to seize the untapped opportunity in small business payments," said Mr. Dangelmaier. "With its strong team, proven technology, and strategic vision, MineralTree is well-positioned to help banks achieve their goals and secure a dominant position in the market. I look forward to being part of that success."
About MineralTree, Inc.
MineralTree delivers
secure, online payments solutions to banks that are specifically
designed to meet the needs of their small and medium business
customers. The solution provides a simple, streamlined approach
that brings new efficiency, security, and convenience to payments
and cash management processes while helping to enhance the bank's
customer relationships. MineralTree's leadership team has a long
track record of creating innovative solutions to long-standing
problems in banking and financial services.
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