Flywire appoints Christine Katziff to board & audit

Flywire has appointed Christine Katziff to its Board of Directors and Audit Committee.

Katziff retired from Bank of America after a 38-year career, most recently serving as Chief Audit Executive. In that role, she led a global audit and credit review team and, for more than a decade, reported directly to the bank's chief executive officer and the board's audit committee.

Her appointment adds a senior financial services executive with deep experience in risk oversight, compliance and cybersecurity to the payments company's board. At Bank of America, she oversaw reviews covering capital planning, business transformation and control processes at one of the world's largest banks.

The appointment comes as Flywire continues to strengthen governance around a business that serves about 5,000 clients. The company operates across education, healthcare, travel and several business-to-business sectors, supporting transactions in more than 140 currencies across more than 240 countries and territories.

Board role

As a member of the Audit Committee, Katziff will help oversee financial reporting, internal controls and risk management. Her background is particularly relevant for a company operating in regulated sectors and handling cross-border payments.

At Bank of America, she also served on internal governance committees and led initiatives focused on communities, clients and employees. The bank recognised her audit and credit review organisation for its use of automation, artificial intelligence and other technology in risk management and controls.

"Christine brings exactly the kind of seasoned, global leadership that will strengthen our Board as we scale," said Mike Massaro, chief executive officer of Flywire.

He added: "Her career sits at the intersection of financial rigor, digital transformation, AI, and disciplined growth, which are critical to how Flywire operates and how we serve our clients. We are confident her leadership and deep expertise will be a tremendous asset as we continue to expand our reach and goal of delivering exceptional value to clients around the world."

Career background

Katziff spent nearly four decades at Bank of America, culminating in one of the lender's most senior control roles. Her responsibilities included assessing risks in areas that have become central for large financial institutions, including cybersecurity and compliance.

That experience could prove valuable as payments companies face rising scrutiny over control frameworks, resilience and governance. Firms handling international transactions must also navigate multiple regulatory environments and operational risks.

Outside banking, Katziff holds several governance roles. She is chair of the board of directors of Novant Health, a regional healthcare system in the southeastern United States, and chairs the finance and facilities committee of the board of trustees at Bryant University.

Her board and advisory work has also included roles related to higher education, mental health and community issues, including service at UNC Charlotte, Central Piedmont Community College and the American Heart Association's national Go Red for Women Leadership Council.

She holds a Bachelor of Science in business administration from Bryant University and an MBA from the University of Hartford.

Company reach

Flywire is headquartered in Boston and provides payments software and related services to organisations managing complex transactions. Its model centres on integrating payments into accounts receivable workflows for clients in sectors where transactions are often high value, cross-border or operationally difficult to process.

The company also integrates with enterprise resource planning systems, including NetSuite. According to its reporting, its customer base excludes clients added through its Invoiced and Sertifi acquisitions.

"Flywire is an exceptional organization, unique in its ability to deliver complex, high-value payments across highly regulated industries at scale," Katziff said.

She added: "Flywire has delivered rigorous oversight, strong controls, and disciplined growth that I've spent my career focused on, and I'm looking forward to contributing to their next phase of growth."