BancPass, Inc. announced today that Rick Gegenheimer has joined BancPass as Vice Presi- dent of Sales to lead the adoption and implementation of BancPass’ mobile phone tolling application, PTollTM. PTollTM is the first of several Next Generation toll payment solutions that BancPass has developed. In addition to client relations, Gegenheimer’s responsibilities will include the development of BancPass’ strategic direction, expansion and operational support of BancPass’ consumer payment products and applications, and the BancPass transaction clearinghouse.
“I am ecstatic about the opportunity to work with such stalwart industry experts, and to provide truly beneficial solu- tions to our clients and their customers,” said Gegenheimer. “It’s an exciting time in the toll industry and BancPass’ innovative applications are leading efforts to create, foster, and promote National Interoperability.” Gegenheimer brings more than nineteen years experience in the Toll Collection Industry beginning in 1994, when he began his career with Mark IV IVHS Inc.
Working with the New York State Thruway Authority to integrate the E-ZPass pilot project, Gegenheimer subsequently led the efforts for the roll out on the Thruway. Rick also led the E-ZPass integration program with the MTA Bridges & Tunnels, NY, one of the largest tolling authorities in the world. Rick has been an integral part of the implementation of E-ZPass across the IAG interoperable region, and has personally worked with each of the clients and their integration teams to achieve successful installation and operation of the E-ZPass sys- tems. A seasoned expert, Gegenheimer has participated in various IBTTA & ITS America committees. Gegenheimer also served on the NJ Transportation Commissioner’s task force.
We are thrilled and feel very lucky to have Rick join our team,” said Glenn Deitiker, Presi- dent of BancPass. “His reputation in the industry is impeccable, and his innovative approach, combined with his values, focus, and strong emphasis on the customer experience are dis- tinctly aligned with BancPass’ vision.”
BancPass’ applications combine the proven technology and standards of the financial and electronic payments industries, along with the business of Electronic Toll Collection; result- ing in significant improvements in efficiency by leveraging the economies of scale of the fi- nancial service industry. The blend of the two promotes National Interoperability by providing an open, cost effective, transaction processing network for Toll Operators, while ena- bling choice and competition for consumers.