Brandon Michaels brings deep fintech, credit union experience to benefit DoubleCheck in solving outdated overdraft practices
LOS ANGELES, California – DoubleCheck Solutions, a financial technology company addressing outdated overdraft and non-sufficient fund (NSF) practices with practical software solutions, added years of industry experience and knowledge to its executive management team by appointing Brandon Michaels as the company’s chief financial officer (CFO). Reporting to Co-CEO Bill Amelio, Michaels will be responsible for the planning, implementation, managing and running of all financial activities.
Michaels joins DoubleCheck at a cornerstone moment in the financial services industry. In the wake of the economic fallout from the COVID-19 pandemic, financial institutions are seeking technology solutions to help consumers navigate through cash-strapped periods. Regulators are also increasingly focused on the impact of non-sufficient funds (NSF) and overdraft programs. Michaels’ 20 years of experience will help DoubleCheck and its banking and credit union customers navigate NSF by giving them financial control in determining which transactions are paid and which are returned.
“We are thrilled to welcome Brandon as CFO to DoubleCheck Solutions,” said Bill Amelio, Co-CEO of DoubleCheck Solutions. “He has built an exceptional reputation of success as a third-generation banking executive, breaking financial records and delivering top customer satisfaction scores. Brandon will help us address the challenge of outdated financial paradigms and put the power of choice back where it belongs…with consumers.”
Michaels most recently served as President and CEO of the $2.8B JSC Federal Credit Union in Houston, TX. His ongoing vision and success of transforming a legacy institution into a purpose-driven, and technologically advanced company will be instrumental in contributing to DoubleCheck’s growth. Prior to JSC FCU, Michaels was the President and CEO of Mazuma Credit Union in Kansas City for nearly seven years, winning multiple awards inside and outside the banking industry and growing the organization over 60 percent.
“The opportunity to join DoubleCheck at a time when consumers, legislators and the entire financial services sector are wrestling with outdated overdraft regulations was an offer I couldn’t refuse,” said Brandon Michaels, CFO, DoubleCheck Solutions.“I’m excited to help DoubleCheck put the power back in the hands of consumers, giving them more financial freedom and the ability to protect and secure their financial reputations.”
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About DoubleCheck Solutions
DoubleCheck, built by bankers for bankers, notifies customers in real-time if they have non-sufficient funds in their account, allowing them to alter the bank’s decisions on what gets paid, using a range of payment methods.DoubleCheck embraces the mission of solving the most common banking problems of our times: outdated overdraft practices that place unnecessary burden on consumers, small businesses, and financial institutions.