As the President of Wespay Advisors, Chris Selmi is responsible for defining and executing initiatives to position the organization as a trusted knowledge source for payments-related regulatory impacts. With over 25 years in the financial services industry, Chris’ extensive
background in electronic payments affords a unique perspective in helping clients develop processes and programs designed to facilitate compliance with payments law, regulations and industry standards. Prior to joining Wespay, Chris spent 16 years in the electronic payments
organization at Bank of America where he served in a variety of capacities within the operations team, including production manager, project support, client and application testing, and compliance and regulatory control manager. Chris has worked with Wespay Advisors’ clients on a variety of projects, including launching a new debit card product, developing faster payments solutions, ACH efficiency studies, and offering ACH Origination services.
Chris served on the Wespay Board as Bank of America’s representative from 2008 to 2012 and chaired its Rules Advisory Council and Risk Management Advisory Council, and is a current member of Nacha’s Rules and Operations Committee. He holds the designation of Accredited ACH Professional (AAP) from the National Automated Clearing House Association (Nacha), Certified Regulatory Compliance Manager (CRCM) from the Institute of Certified Bankers, and earned a Bachelor of Arts degree from the University of California, Santa Barbara.
Select Areas of Expertise:
- ACH Operations
- Risk Management and Compliance
- Launching ACH Origination
- Third-Party Sender Due Diligence
- Faster Payments