Business
Byline Bank Expands Payments and Fintech Banking Group to Support Embedded Payment Solutions
CHICAGO, May 12, 2025 (GLOBE NEWSWIRE) -- Byline Bank today announced the expansion of its Payments and Fintech Banking division, including several key new hires and leadership appointments, which underscore the bank’s significant investment in embedded finance and modern digital payment solutions. Since bringing on industry veterans David Prochnow and Joe Wolsfeld to lead the fintech banking group in March 2024, Byline has taken significant steps in the fintech payments arena. Prior to joining
About this update from Byline Bancorp, Inc.
[{"type":"image","alt":"Byline Bank","displaySize":"","headline":null,"caption":"Byline Bank","className":"","disableSlideshowImg":false,"size":{"original":{"width":191,"height":57,"url":"https://media.zenfs.com/en/globenewswire.com/167d08cfd355fae7cb561b4782a9a7f2"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/GHIDjxk1CUaf6uUbcS7ekw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTM2MDtoPTEwNztjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/167d08cfd355fae7cb561b4782a9a7f2","width":191,"height":57}},"lazy":false},{"type":"image","alt":"BylineBranchLogo_OPRF_PR","displaySize":"","headline":null,"caption":"BylineBranchLogo_OPRF_PR","className":"","disableSlideshowImg":false,"size":{"original":{"width":1192,"height":593,"url":"https://media.zenfs.com/en/globenewswire.com/5981c7fd938f472cc2759e5f147a9f91"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/Cp5haQXKACratYv8Pzzb3g--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTQ3ODtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/5981c7fd938f472cc2759e5f147a9f91","width":960,"height":478},"lightbox":{"url":"https://s.yimg.com/ny/api/res/1.2/Esl4i20t3t2xmWDuHnIDIg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTIzODQ7aD0xMTg2O2NmPXdlYnA-/https://media.zenfs.com/en/globenewswire.com/5981c7fd938f472cc2759e5f147a9f91","width":1192,"height":593}}},{"type":"text","content":"","length":0,"tagName":"p"},{"type":"text","content":"CHICAGO, May 12, 2025 (GLOBE NEWSWIRE) -- Byline Bank today announced the expansion of its Payments and Fintech Banking division, including several key new hires and leadership appointments, which underscore the bank’s significant investment in embedded finance and modern digital payment solutions.","length":299,"tagName":"p"},{"type":"text","content":"Since bringing on industry veterans David Prochnow and Joe Wolsfeld to lead the fintech banking group in March 2024, Byline has taken significant steps in the fintech payments arena. Prior to joining Byline, Prochnow and Wolsfeld led Fifth Third Bank’s Newline embedded payments division, where they managed a portfolio of more than 100 fintech clients representing $2 billion in deposits. Together at Byline, they have built a sponsorship banking and embedded payments model centered on direct oversight, regulatory compliance and faster access to payment networks, enabling fintech clients to develop technology and custom payment solutions with confidence.","length":659,"tagName":...