August 2025 – Real-Time Payments Tracker® Series Fraud fears still cloud real-time rails adoption, yet actual fraud rates remain low. So why do myths about fraud in faster payments still hold sway? Faster payments are gaining traction, but fraud fears haven’t kept pace with facts. Convinced that speed invites scams, many banks in the United States […]
Russell Cavan to serve as a Strategic Consultant Business Advisor
DirecFunds has contracted with Russell Cavan to serve as a Strategic Consultant Business Advisor. Mr. Cavan is an Adjunct Professor, Stillman School of Business, Seton Hall University where he teaches subjects that range from Digital Transformation and AI. Prior to Seton Hall University Mr. Cavan served as Global Managing Director, Venture Capital and Mergers & […]
New CEO at DirecFunds
Effective January 5, 2025 Kim Allan Sharp has added Chief Executive Officer to his responsibilities at DirecFunds. Mr. Sharp previously served as President & Chief Operating Officer of the company. Mr. Sharp will also continue to serve on the Board of Directors for DirecFunds. The Board of Directors has been expanded from two Members to […]
DirecFunds Announces Election of New Board of Directors and Management Committee
The Preferred Stockholders of DirecFunds have elected a new Board of Directors and Management Committee. This newly elected Board and Management Committee bring a wealth of expertise and leadership that will guide DirecFunds into its next chapter of growth and innovation.
US Bank Wire Payment Processing
DirecFunds.com recently completed a Corporate RISK and Compliance review with US Bank the fifth largest financial institution in America. US Bank joins 5/3 Bank as our two Wire Payment Processing Partners. Upon completing our API Integration with US Bank then DirecFunds.com will be able to offer two new payment technologies to our customers. The two […]