In this new position, Fricke will be responsible for oversight of current projects, working with members to identify new projects, and working with the standing committees, as well as managing day to day operations. He has worked in the financial services industry for over 37 years and has been with JPMorgan Chase for the last 25 years, holding a variety of positions in technology and project management throughout the company. He was also JPMorgan Chase's representative to the FSTC.

"John has supported many of my projects and initiatives over the past 25 years here at Chase," said Tom Vicknair, JPMorgan Chase Payments Strategist and FSTC Chairman of the Board. "I know John will be a great asset to FSTC as he has been to us."

"We are delighted that John has decided to join our organization to help us continue our mission to identify and facilitate solutions to many of the industry's most pressing problems," said Dan Schutzer, Executive Director of FSTC. "John has been involved in the FSTC providing his vast experience to the benefit of JPMorgan Chase and the industry for the past 11 years. We enthusiastically welcome John to our team."

Fricke has served on the FSTC Executive Committee for the past 5 years. He led the business team of the FSTC 'e-check' project and also played a key role in the development of the FSTC Paperless Automated Check Exchange Systems (PACES) project that was the catalyst for image exchange. Fricke has also provided leadership roles in the Image Black & White study, Image Quality and Usability multi phase projects, and Image Security Feature projects that FSTC offers their users.

"FSTC has been involved in some of the most important initiatives involving technology in the financial services industry," said Fricke. "In my new position, I hope to continue to provide leadership to the teams of industry members, associated organizations, and vendors currently working on projects essential to success in the financial services arena."a."