Digital banking company Thread Bancorp, Inc. has appointed Marty Miracle as their new Chief Digital Officer. Miracle's mission will be to promote scalable, compliant innovation in the realm of embedded banking.
Marty Miracle, a seasoned technology leader with a proven track record in digital transformation, has been appointed as the Chief Digital Officer at Thread Bank. This appointment marks a significant step in Thread Bank's digital strategy, as Miracle will lead the development and execution of the bank's digital strategy.
Chris Black, CEO, President, and member of the Board of Directors at Thread Bancorp, Inc., expressed his delight about Miracle's appointment. "Marty's extensive experience in leading digital transformations and his unique blend of technical depth, Fintech expertise, and visionary leadership will be instrumental in shaping the future of Thread's technology capabilities," Black said.
Miracle, who previously served as Chief Technology Officer, Chief Information Security Officer, and Certified Chief AI Officer at Sutton Bank, is excited to join Thread and drive digital transformation for partners and customers. During his tenure at Sutton Bank, he led a comprehensive digital transformation of the bank's technology and digital platforms, integrating advanced technologies such as artificial intelligence (AI) and automation, as well as modernizing Sutton Bank’s core banking systems.
At Thread, Miracle will oversee engineering, infrastructure, and cybersecurity functions, ensuring system resilience and regulatory readiness. He will also focus on building secure, compliant, API-first infrastructure, enabling seamless integrations with banks, middleware providers, and compliance partners. Miracle believes in blending strategy, technology, and creativity to build secure, forward-looking infrastructure at Thread.
Miracle's leadership will be key to advancing agile development practices at Thread. He will cultivate a high-performing technical team and align technology with business objectives at Thread. Miracle is expected to deliver seamless, secure, and scalable banking experiences to Thread's partners and customers.
Miracle's role at Thread includes leading the company's technology strategy. His previous experience in integrating AI, automation, and core banking modernization at Sutton Bank will undoubtedly contribute to Thread's digital goals. With Miracle at the helm, Thread is poised to take a significant leap forward in its digital journey.
[1] Sutton Bank Press Release: Marty Miracle Named Chief Digital Officer at Thread Bank [2] Thread Bank Press Release: Marty Miracle Joins Thread Bank as Chief Digital Officer
- Marty Miracle's extensive experience in risk management, particularly in leading digital transformations and implementing advanced technologies like AI and automation, will be crucial in ensuring system resilience and regulatory readiness at Thread Bank, as part of his responsibility overseeing engineering, infrastructure, and cybersecurity functions.
- In his new role as Chief Digital Officer at Thread Bank, Miracle is expected to lead the development and execution of the bank's digital strategy, focusing on building secure, compliant, API-first infrastructure to enable seamless integrations with various partners, with a strong emphasis on cybersecurity and compliance strategies.
- As Thread Bank continues its digital transformation journey, Miracle's expertise in finance, technology, and business will be valuable in blending strategy, technology, and creativity to foster agile development practices, align technology with business objectives, and deliver secure, scalable, and seamless banking experiences to Thread's partners and customers.
