Works, Inc., announced that technology and Electronic Funds Transfer industry veteran, Nikhil Sinha, has joined the company’s board of directors. Works will tap Sinha’s extensive expertise in the EFT industry and his experience managing rapidly growing technology companies to propel Works to success as it continues to change the electronic payment industry.
Sinha has over 10 years senior management experience in international information technology, transaction processing and telecommunications. He most recently served as the executive vice president of eFunds, Inc., where he oversaw corporate Pamp;L and global product management sales and marketing for the publicly traded provider of electronic payment solutions, decision support, risk management and IT consulting services. Before joining eFunds, Sinha was the president and CEO of iDLX Technology Partners, a provider of IT consulting services to financial institutions, which he helped merge with eFunds in March 2000.
Before joining iDLX, Sinha was a managing partner at Sinha & Lariviere, Ltd., an international high technology consulting firm specializing in helping U.S. IT and telecommunications companies make strategic international investments. He also served as an advisor to the World Bank and the governments of India, Mexico, Chile and South Africa. In addition, Sinha recently returned to the University of Texas as a professor of International Business and International Communication where he held the same position from 1991 through 1999. Sinha holds a Ph.D. and M.A. in Communication from the University of Pennsylvania and a B.A. in Economics from St. Stephen’s College, Delhi University.
“Nikhil has extensive experience on both a national and international scale in helping to build large and successful financial services technology companies,” said Martin Neath, chairman of the Works board of directors. “The board is extremely pleased to add his expertise to our team and looks forward to his guidance in the coming years as we continue to expand on the successful adoption of the Works electronic payment management solution.”
“Works is changing the electronic payment industry with a powerful and profitable solution that simplifies and streamlines costly and complex payment processes,” said Sinha. “The company has achieved significant customer and industry traction in a very short period of time. I look forward to working with the team to cement the company’s position as an industry leader.”
About Works ()
Headquartered in Austin, Texas, Works provides software solutions that help large companies minimize the number of checks they issue, reduce the expense of costly manual back-office reconciliation processes and settle payment transactions electronically through the use of commercial credit cards. The Works Procisa electronic payment management solution is built on the global VISA payment system and is delivered to customers through an exclusive partnership with Visa U.S.A. and its member financial institutions.