Huntington National Bank creates new structure to accelerate enterprise payments strategy

By Edlyn Cardoza

Huntington Bancshares Incorporated announced recently it is creating a new enterprise payments organisation to develop, coordinate and execute its payments strategy and investment roadmap.

Amit Dhingra has been named Enterprise Payments Director and will lead a team responsible for executing an end-to-end enterprise-wide payments strategy across Consumer and Business Payments, Commercial Payments and Treasury Management. Dhingra will drive growth in payments revenue streams and focus on digital and customer experience enhancements.

Dhingra’s team will build upon the payments platform with additional products and services commercialised across the business to further support existing and new customers throughout their lifecycle.

“The organisation of an enterprise payments strategy and platform enables us to serve all our customers,” said Steve Steinour, Huntington’s chairman, president and CEO. “As we continue to invest in our payment products and services, we will deliver more value-added services and further strengthen our customer experience.”

In May, Huntington acquired Digital Payments Torana, a San Francisco-based business-to-consumer payments FinTech.

Dhingra will report to Paul Heller, Huntington’s chief technology and operations officer, in his new role. Dhingra previously served as Huntington’s retail payments and consumer lending director. Before Huntington, he served in various strategy and transformation leadership roles at U.S. Bank and McKinsey & Company.

Huntington Bancshares Incorporated is a $177 billion asset regional bank holding company headquartered in Columbus, Ohio. Founded in 1866, The Huntington National Bank and its affiliates provide consumers, small and middle‐market businesses, corporations, municipalities, and other organisations with a comprehensive suite of banking, payments, wealth management, and risk management products and services. Huntington operates more than 1,000 branches in 11 states, with certain businesses operating in extended geographies.