Customers Bank has appointed seven new digital asset experts to its Digital Asset Banking Team.

Customers Bank says hires underscore commitment to digital assets

The new hires include professionals across business development, technology, onboarding, payments, BSA (money laundering prevention) and compliance.

Customers Bank recruited Robb Layfield as managing director of digital assets and Dan Devine as senior vice president of digital asset product development.

A further five digital asset bankers will complete the existing team and expand on the bank’s broad coverage of the crypto industry, Customers Bank says.

The bank says the appointments will broaden the depth and expertise of its digital asset team as it continues to support the needs of commercial cryptocurrency and digital asset institutions.

Customers Bank president and CEO Sam Sidhu says: “We made the commitment to be one of the top financial institutions serving commercial cryptocurrency and digital asset institutions and we understand all requirements, pitfalls and the possibilities for crypto customers.”

Sidhu adds: “Our investment in building out the best crypto and digital asset team signals we are a serious participant in this space and committed to this business line for the long term.”

Pennsylvanian Customers Bank is a full-service commercial and consumer bank with around $19.1 billion in assets.

Source: https://www.fintechfutures.com/2022/01/customers-bank-brings-digital-asset-bankers-onboard/