Reporting to Q2ebanking CEO and president, Matt Flake, he will play an integral role in Q2ebanking's strategic planning and alignment of the company's product, marketing, training and customer support initiatives.

Peterson joins Q2ebanking from i7Strategies, an independent consulting firm he founded, where his focus centered on strategic planning and implementation support for electronic payment initiatives for a variety of financial technology companies, including Q2ebanking, its parent company CBG Bank Holdings and another CBG company, cbanc. Prior to that, Peterson was the original founder of Goldleaf Technologies, a leading provider of electronic payments software and services. During his tenure, he successfully steered the company through three acquisitions and was instrumental in establishing electronic banking and payment systems for commercial banks.

Peterson is a nationally recognized expert in electronic banking and commercial payments, and is frequently published in regional and national trade publications. He has been a featured speaker for numerous associations, banking schools and industry trade groups, including ICBA, NACHA, BAI, FDIC and the Federal Reserve Bank as well as numerous state and regional electronic payments organizations. Peterson also serves as chairman of the board of Georgia Automated Clearing House Association (GACHA), a regional payment association based in Atlanta, Georgia that serves nearly 400 members.

"David is a true industry pioneer; his strong background and industry expertise will further position Q2ebanking to clearly execute on our e-banking strategy," Flake said. "He has already proven to be a valuable asset to our corporate direction over the past year in his role as an independent strategic consultant. His demonstrated record of success, customer focus, management style and industry experience will be key in guiding and expanding our ongoing efforts to meet the growing demand for our e-bankingg solutions and services in the financial services industry. We are pleased to welcome David to Q2ebanking, and I look forward to working closely with him as we further advance our mission."

Peterson commented, "During the past year of working together, I have been consistently impressed by Q2ebanking's product innovation, and the passion and drive of the entire team. This is a very dynamic company, and the opportunity to be part of an organization that continually demonstrates vision, innovation and customer-focus is very exciting. Q2ebanking is making a name for itself as a technology leader within the financial services industry, and I believe that my experience in the banking and payments industry can help with the company's continued success and growth."