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Lee Manfred

Partner

Lee Manfred manages the payment strategy and deposit access practice as a Partner with First Annapolis Consulting, Inc. Lee’s subject matter expertise focuses on deposit access products and services, including signature and PIN debit issuing, ATM deployment and network management, ACH, check electronification and conversion, and prepaid/stored value products. His clients include leading financial institutions, payment networks, card associations, processors, retailers, and technology providers in the U.S., Canada, the Caribbean, and Latin America, whom he advises on diverse topics including payment strategy, product and new business development, mergers and acquisitions, operations benchmarking, vendor selection and negotiation, organization design, financial analysis and valuation, and pricing strategies.

Lee has advised clients on a series of M&A transactions that have changed the EFT network landscape, including the divestiture of NYCE Corporation by First Data, as well as (First Annapolis client listed first), Cash Station/Concord, Honor/STAR, Magic Line/NYCE, ACS/GenPass, MoneyStation/PULSE, and Honor/MOST. In addition, he has advised top 5 financial institutions in the U.S. and Canada in Payment Strategy development and implementation. Lee is a frequent speaker at leading industry conferences, such as the Board of Governors of the Federal Reserve’s Payment Systems in Transition conference, The Federal Reserve Bank of Philadelphia Payment Card Center payments forum, and Faulkner and Gray”s ATM and Debit Card Forum.

Lee has over twenty years of consulting and retail financial services experience. He earned an MBA from the George Washington University, and a BBA from the University of Notre Dame, both with concentrations in finance. He also attended the First American Management Institute at the Wharton School of the University of Pennsylvania. Prior to joining First Annapolis, Lee held senior consumer lending positions with The Riggs National Bank and First American Bank, N.A., and co-founded Education Funding Services, Inc.

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