~ Co-Founder of Core10; President of Monarch appointed to leadership role of leading financial technology industry association for collaboration and professional development ~

Core10’s Lee Farabaugh Elected to Board of Directors for Association for Financial Technology (AFT)

Gabriela Fowler / Angelo Jones
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Core10, Inc. (Core10), a U.S.-based financial technology company that provides lending and account opening products, as well as software development services, announced today that its co-founder and Monarch division president, Lee Farabaugh, was elected to the Board for the Association for Financial Technology (AFT), a national association devoted to the advancement of fintech companies and the U.S. financial industry through technology.

The AFT Board of Directors, comprised of peer-elected industry executives, elected Farabaugh to the position during the group's annual Fall Summit in Palm Springs, Calif. In addition to Farabaugh, Jacob Bouer, director of sales and strategic partnerships for Array, and Will Bryant, COO and co-founder of Quantalytix, were also elected.

“It is an honor to contribute in this capacity to an organization that has long been at the forefront of fintech innovation,” said Lee Farabaugh, Co-Founder, Core10; President, Monarch. “With rapid advancements reshaping the industry, I am eager to collaborate alongside accomplished leaders in the fintech space to champion technology solutions that drive the financial services industry forward. I look forward to leveraging my experience to support AFT’s mission of empowering the financial sector through technology and fostering strong industry relationships.”

AFT is a volunteer-led association of industry visionaries, thought leaders and senior executives from companies serving the domestic and international financial services markets. Member companies gather twice a year to discuss emerging industry trends and promote high standards of professionalism in the planning, development, implementation and applications of technology in the financial services industry.

Collectively, AFT member organizations provide solutions, data or services to nearly 100 percent of all U.S. financial institutions. It is the industry's premier resource for networking and professional development for those companies and executives serving financial institutions, including banks, credit unions, lenders and payment providers.

AFT’s Spring Summit will be at Lowes Coral Gables Hotel in Coral Gables, Fla., March 23 – 25, 2025. For more information please visit www.aftweb.com.

About Core10, Inc.

Core10, founded in 2016, is a U.S.-based provider of lending, account opening, and middleware products, as well as software development services. Core10 is the trusted, partner for banking digital transformation and innovation. The company’s Accrue platform provides an omnichannel digital lending and deposit account opening solution to help elevate and streamline banking operations. Its Mesh middleware layer gives banks a flexible, modern infrastructure to connect their entire technology ecosystem with their core. Supporting their product lines, Core10's professional services team has years of experience building APIs and core connectivity as well as custom software product development. Monarch, a division of Core10, provides implementation and customer success services for leading financial service CRM and SaaS platforms.

About Association for Financial Technology (AFT)

Association for Financial Technology (AFT) is industry’s premier resource for networking and professional development for those companies and executives serving U.S. financial institutions (FI’s), including banks, credit unions, lenders and payment companies. Founded in 1972, the organization members represents virtually every area of technology, data or services needed to help FI’s succeed in today’s dynamic marketplace.

Working within a highly regulated industry and complex vendor landscape, AFT helps members by creating valuable relationships, providing business and industry intelligence and delivering programs that inform members on issues, trends and forces shaping the industry.

View source version on businesswire.com: https://www.businesswire.com/news/home/20241015233274/en/

Lee Farabaugh, Core10 Co-Founder and President of the Monarch division, has been elected to the Board of the Association for Financial Technology (AFT).