Pat Thelen

Pat Thelen

Pat Thelen is executive vice president of Treasury Management, Capital Markets and International Banking at UMB Bank, n.a. and a board chairperson at NACHA, the member owned association that oversees the Automated Clearing House payment system.
  • PayThink It is Time for Banks to Embrace Same-Day ACH

    Pat Thelen
    Pat Thelen
    Executive Vice President UMB Bank
    According to the Millennial Disruption Index, millennials believe payments innovation will come from outside their bank, with nearly half showing more confidence in what startups and technology companies add to payments than what their banks do. This presents a challenge and an opportunity for financial institutions moving forward.