DEVON MARSH

Devon Marsh is a Vice President in Wachovia Operating Services. He joined Wachovia in 1996 and began his banking career in support of check processing. In 1998 he moved to Winston-Salem, North Carolina as a project manager for ACH Operations. He later managed Wachovia?s ACH Process Support team with responsibility for process improvement initiatives, technical projects, regulatory compliance, risk management, and NACHA interaction. In 2005 he became the Risk Manager for Wachovia?s Electronic Services division. He chairs Wachovia?s Corporate Funds Transfer Policy Committee, has served on the Rules and Operations Committee at NACHA, and sits on the steering committee for the Internet Council. A 1987 graduate of the United States Naval Academy, Devon received an MBA degree from Brenau University in 1996.

Past Presentations

• Understanding Electronic Payments - Association of Financial Professionals 03/2006
  Abstract: Presentation concentrated on considerations in selecting an electronic payment method, mechanisms for electronic settlement, inherent qualities of each mechanism (benefits, limitations, and risks), and new electronic settlement initiatives.
• Electronic Payments: Industry Trends - Certegy 05/2003
  Abstract: Presentation described check and ACH volume trends, migration of payments, technological changes that have enabled migration, and ACH rules that standardize payments in the emerging environment. Also discusses benefits and risks of new payments, and steps to address risks.
• How & Why Behind Current ACH Initiatives - Association of Financial Professionals 02/2003

Areas of Expertise:
Standards/rules development; Risk Management.