Ken Kruszka is a trailblazing figure in the world of FinTech and Payments, renowned for his groundbreaking achievements in the industry. With a stellar career marked by innovation and pioneering initiatives, Ken has left an indelible mark on the sector.
One of his notable accomplishments includes being the first person to successfully send $1 around the globe through a mobile transfer, showcasing his visionary approach to financial technology. Throughout his career, Ken has spearheaded the launch of various industry-firsts, such as the inaugural mobile remittances service in the US, the first global mobile bank account, and the pioneering neobank tailored for immigrants in the US.
Currently serving as the Head of Merchant Product and Network at Trustly, Ken brings a wealth of experience and expertise to his role. Previously, he held the position of Head of Product for AWS Payments, where he played a pivotal role in driving innovation and shaping the future of digital payments.
Ken’s influence extends beyond his professional endeavors, as he actively participates in industry initiatives and organizations. As a Founding Member of the Faster Payments Council and a member of prominent groups like the Federal Reserve’s Business Payments Coalition, Ken is at the forefront of driving change and fostering collaboration in the payments landscape.
A sought-after speaker at prestigious industry events worldwide, Ken shares his insights and expertise with peers and emerging talents alike. Additionally, he dedicates his time to mentoring and advising early-stage companies, guiding them towards achieving product-market fit and scaling their operations globally.
Ken Kruszka’s remarkable journey as a leader, innovator, and mentor underscores his commitment to advancing the world of FinTech and Payments through innovation, collaboration, and mentorship.
About Snap Check
Businesses are trapped in a world of paper checks. In 2016, businesses still conduct a majority of B2B transactions via paper check, and the use of paper checks is on the rise. This dependence costs businesses and banks $50 Billion in direct costs (printing, postage, writing, monitoring, reconciling) and $20 Billion in fraud losses annually.
SnapCheck’s blockchain-enabled digital checking platform empowers organizations to break free from the trappings of paper payments and embrace electronic transactions. SnapCheck’s digital checking platform integrates with bank core processors, accounts payable systems, payroll platforms to provide a seamless experience for users to send highly-secure SnapCheck digital checks instantly, directly from their mobile/online banking account or their preferred accounting software.
Because SnapChecks are 100% compatible with traditional paper check deposit methods (mobile, ATM, branch), recipients can maintain their legacy deposit processes or step up to instant, electronic deposits through SnapCheck, whenever they’re ready to do so. Fraud is eliminated through strong cryptographic controls built into the digital check itself. SnapCheck combines the strength of electronic payments with the ubiquity of checks to save costs and eliminate fraud for businesses and banks alike.