Business
Newtek Bank, N.A. Hires Fuad Capric as Chief Real-Time Payments Officer
NewtekOne Emphasizes Real-Time Payments as New Frontier for Payment TransactionsBOCA RATON, Fla., June 02, 2026 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (“NewtekOne”) (NASDAQ: NEWT) announced that its wholly owned subsidiary, Newtek Bank, N.A. (the “Bank”), has hired Fuad Capric as Chief Real-Time Payments Officer. Mr. Capric will focus on integrating the Bank’s recently added real-time payments functionality, which gives its commercial clients the ability to receive eligible payments in real time. M
About this update from Newtekone, Inc.
NewtekOne Emphasizes Real-Time Payments as New Frontier for Payment Transactions BOCA RATON, Fla., June 02, 2026 (GLOBE NEWSWIRE) -- NewtekOne, Inc. (“NewtekOne”) (NASDAQ: NEWT) announced that its wholly owned subsidiary, Newtek Bank, N.A. (the “Bank”), has hired Fuad Capric as Chief Real-Time Payments Officer. Mr. Capric will focus on integrating the Bank’s recently added real-time payments functionality, which gives its commercial clients the ability to receive eligible payments in real time. Mr. Capric will report to NewtekOne’s Chief Executive Officer, Barry Sloane, and Chief Risk Officer, Taylor Quinn. Mr. Capric has proven himself by executing large scale payment transformations, including enterprise-wide platform and wire system conversions, and brings over 20 years of experience leading enterprise payment strategy, operations, and transformation across all payment channels – ACH, wire, card, and digital. Most recently, at Flagstar Bank N.A., he led a team of over 80 professionals and oversaw the ACH, wire, debit card, treasury services, and digital payment ecosystems, which involved the processing of more than $275 billion of annual volume, including $250 billion in wire transfers, $20 billion in ACH transactions, and $5 billion in credit card volume. Mr. Capric was also responsible for strategic vendor management of Fiserv and payment networks and regulatory oversight across Reg E, NACHA, and fraud frameworks. Barry Sloane commented, “We are pleased to welcome Fuad Capric as the new Chief Real-Time Payments Officer of Newtek Bank, N.A. We are positioning NewtekOne to redefine how independent business owners process payments and move money and believe our differentiated approach, unlike many traditional banks or fintechs, offers our clients a comprehensive, integrated solution for payment processing and financial management from a regulated financial institution.” Mr. Sloane continued, “We have established a newly branded business model - “Newtek Real-Time Payment Solutions” – and re-branded our electronic payment processing subsidiary Newtek Merchant Solutions, LLC as “Newtek Real-Time Payment Solutions,” as businesses today are demanding instant payment functionality for sending and receiving money. Through this model, we aim to empower clients to process payments and send and receive money by credit card, debit card, ACH, or Fed wire without th...