Elements financial psp#

'Elements' mission is to put more money into the hands of merchants. Creating a payments platform that allows merchants to accept USDC and other crypto payments at the point-of-sale is a natural progression of the growing global adoption of digital currencies. 28, 2022, and it has powered more than $5 trillion in on-chain transactions since its 2018 inception. More than $49 billion USDC is in circulation as of Sept. Providing well-designed payment products that can facilitate seamless, efficient, frictionless and delightful customer experiences are key to empowering merchants to take advantage of these next-gen payment solutions.'Īs the issuer of both USD Coin (USDC) and Euro Coin (EUROC), Circle is uniquely positioned to promote digital payments and an always-on financial system as native features of the internet. 'We are very impressed by the Elements team for their work in taking the complexity out of crypto payments,' said Nikhil Chandhok, Chief Product Officer at Circle, 'Lowering barriers of entry for payments and financial services and establishing dollar payments utility are core to Circle's mission.

Elements financial psp#

The new payment offerings make it simple for merchants to integrate their existing PSP relationships with Circle's crypto payment offerings. The announcement includes plans to quickly scale payment offerings to unlock utility value for crypto and lower the barrier of entry for merchants to access next-gen payments and financial services. 29, 2022 /PRNewswire/ - On stage at Converge22 today, Circle announced an accelerated crypto payments roadmap enhanced by the recent acquisition of Elements, a merchant and developer-first payments orchestration platform. Elements is known for member value, offering higher deposit rates, lower loan rates, and fewer fees than local competitors.Acquisition of developer-first payments platform to lower the barrier of entry for merchants and create a more seamless crypto payments experience Beyond six Elements branches in Central Indiana, we provide access to more than 5,500 shared branch locations nationally and 78,000 surcharge-free ATMs globally.

As a financial wellness provider, Elements serves individuals through our original sponsor Eli Lilly and Company and more than 100 companies across Indiana and nationally. He earned his bachelor’s degree in accounting from Indiana University and completed the Graduate School of Banking program at the University of Wisconsin in 2002.Įlements Financial is a diversified federal credit union with assets of more than $1.4 billion and 90,000+ members in all 50 states and 50 countries. He still enjoys conducting educational and training programs and presenting at financial seminars and symposiums.Ĭommunity service is also a priority for Joyce, serving organizations including United Way of Johnson County, the Indiana Baptist Foundation, Calvary Baptist Church (Greenwood, IN), and Franklin Education Connections. Joyce is a teacher at heart and previously a member of the adjunct faculty for Indiana University-Purdue University Indianapolis where he taught accounting for 10 semesters. Prior to the formation of Heartland Community Bank, Joyce was an auditor and senior accountant for Crowe Chizek and Company, LLP, of Indianapolis. He also served on the board of director’s Loan, Asset Liability, Audit and IT Committees and chaired the Enterprise Risk Management Committee. Previously Joyce served as Chief Financial Officer at Heartland Community Bank for 15 years and was part of the executive management team that formed the state-chartered commercial bank and bank holding company in 1997 and grew the institution to hold the largest deposit market share in Johnson County, Indiana.

Joyce comes to Elements from a company he founded in 2012, Cross Financial Services, where he led the firm’s financial institution practice. Sponsorship / Advertising OpportunitiesĮlements Financial is proud to announce that Jeff Joyce, CPA, has been named Chief Financial Officer for Elements Financial, the 2nd largest credit union in the Indianapolis market with $1.4 billion in assets.