IBAT has named Charles E. Potts as President of DTX, LLC (DTX), the association’s consortium for the development and deployment of digital asset technology for the good of community banks.
Potts brings more than two decades of experience in banking, technology, innovation and fintech partnerships, including previous leadership roles with the American Fintech Council and Independent Community Bankers of America. In his new role, he will lead DTX’s strategic vision, initiatives and industry partnerships.
“DTX gives community banks the opportunity not simply to respond to the future of financial services, but to help shape and lead it,” Potts said. “I am honored to join this exceptional team and build on its work to deliver meaningful innovation that keeps community banks at the center of the future of payments and deposit ownership.”
Potts joins DTX as the consortium moves further into its pilot phase. DTX recently completed its first round of pilot-phase funding with support from more than 30 community banks across multiple states.
Read the full release here.
