DETROIT–(BUSINESS WIRE)–Digital banking provider Bankjoy announced today the addition of Mike Brown as Vice President of Product. In his role, Brown will lead product strategy to help community financial institutions better compete with both neobanks and megabanks with modern, transformative digital products.
Brown joins Bankjoy with over 15 years of experience, previously serving as Director of Product Innovation at Mastercard. While there, he led the joint Mastercard and Bank of America Innovation Hub in Charlotte, N.C., running design sprints, building prototypes, conducting customer research and managing pilots of new technology. Prior to that, Brown was Vice President of Product for MapAnything, where he worked with its leadership team to build and manage product management, UX design and QA teams in their effort to build new SaaS solutions.
Brown has also held additional roles ranging from Senior Product Strategist to Product Marketing Manager for various technology and software design firms. Brown earned a bachelor’s degree from Yale University and his MBA from New York University, where he co-managed an $800k equity portfolio of the Michael Price Student Investment Fund.
“Joining Bankjoy was a natural fit,” said Brown. “Their mission to deliver superior digital banking solutions aligns with my vision for this market. There is no reason the customers of community financial institutions shouldn’t have the best digital experience, and Bankjoy’s customer-centric approach far exceeds other providers. I look forward to supporting their mission in an increasingly crowded digital marketplace.”
Engineered by executives from financial institutions, Bankjoy delivers modern banking technology, including mobile, online, e-statements, online account opening, online loan origination, and conversational AI to banks and credit unions of all sizes. The platform features cutting-edge integrations to quickly upgrade the digital banking experience and provide beautiful products with advanced features, simple navigation, and a modern look and feel. As a result, more financial institutions are choosing Bankjoy to drive their digital transformation.
“According to a recent survey from Mobiquity, approximately 90 percent of respondents plan to continue leveraging digital technology to make their lives easier – and banking is no exception,” said Michael Duncan, CEO of Bankjoy. “In response, financial institutions are making greater investments in digital to help foster deeper engagement with their customers. We’re seeing this trend, as more banks and credit unions partner with us for a seamless digital experience.”
Duncan added, “As Bankjoy continues to grow, it is critical that we bring in experienced executives to help create and guide our product strategy. Mike joins us with not only an impressive background, but an approach that parallels our own philosophies. His strong commitment to collaboration and a team attitude will further our efforts in delivering world-class products. He will be a tremendous asset to us.”
Detroit-based FinTech, Bankjoy, delivers modern banking technology, including mobile banking, online banking, and a banking API to banks and credit unions — big and small. The company prides itself on creating beautiful products with advanced features, simple navigation, modern look and feel, and world class user experiences shaped by talking to users. Bankjoy is a Y Combinator- and CheckAlt-backed company. For more information, visit www.bankjoy.com.