Black Dragon's Louis Hernandez Jr. highlights Payveris MoveMoney platform's continued acceleration with signing of Alaska USA Federal Credit Union

Payveris' AI driven MoveMoney platform becoming industry standard

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Mar 18, 2019, 09:00 ET

MIAMI, March 18, 2019 /PRNewswire/ -- Louis Hernandez Jr., principal founder of Payveris, the fastest growing provider of highly secure digital payments technology to financial institutions, congratulated the company on being selected by one of the nation's largest credit unions for digital payment and money movement support.

"Payveris's sophisticated cloud-based software is helping members of the credit union industry to improve their technological infrastructures both economically and efficiently in response to customer demand for digital delivery systems. I salute Payveris and its leadership for winning the confidence of Alaska USA Federal Credit Union as a user of this exciting product," said Hernandez, who is chief executive officer at Black Dragon Capital and a member of the Payveris board of directors.

Alaska USA Federal Credit Union is a member-owned, not-for-profit financial cooperative with $7.6 billion in assets. It has more than 100 branches with 660,000 members in 50 states and around the world.

"Our MoveMoney^SM platform is the ideal fit for Alaska USA. The open API cloud-based digital payments hub is designed for flexibility and ease of use, which allows credit union members to move money between financial institutions, pay bills, and send money to friends in real-time using their mobile phones and other electronic devices," said Payveris CEO Ron Bergamesca.

Payveris, founded in 2011, is a market leading company that enables financial institutions to simplify and innovate their digital payments delivery systems while significantly reducing operating costs. The cloud-based MoveMoney platform allows customers of banks and credit unions to move their money using smartphones, personal computers and other handheld technology almost instantly. More than 230 financial institutions and fintech companies deploy the secure digital service.

Black Dragon Capital is a private equity firm based in Miami with a focus on growth investments, particularly in digital commerce, financial services and media technology. Black Dragon's team of industry professionals have significant operational experience, strong financial backgrounds, proven track records of success and investment experience, ranging from startups to billion-dollar organizations in both public and private vehicles. The company leverages its network expertise and deep domain knowledge to assist in accelerating growth and profits in selected markets – all while working closely with entrepreneurs. Learn more at blackdragoncap.com.

Payveris is the creator of The MoveMoney Platform, an Open API cloud-based platform enabling FIs to control, simplify and extend digital money movement capabilities to any application/device while lowering user experience friction, significantly reducing operating costs & future-proofing the IT investment. Shift from a product-centric digital payments model to a platform-centric model today Visit www.payveris.com to learn more.

Media Contact: Melissa Lichtenheld, 305-372-1234
Wragg & Casas Strategic Communications
[email protected]

SOURCE Black Dragon Capital