Bancorp, Inc. Announces Marty Miracle as New Chief Digital Officer, Specializing in Expanding Embedded Banking Technology in a Regulatory and Growth-Focused Manner
Marty Miracle, a seasoned technology executive, has joined Thread Bank as its new Chief Digital Officer. Miracle brings a wealth of experience in digital transformation, AI integration, and modernization of core banking systems to his new role.
During his tenure at Sutton Bank, Miracle served as Chief Technology Officer (CTO), Chief Information Security Officer (CISO), and Chief AI Officer. He spearheaded the end-to-end transformation of Sutton Bank’s technology and digital platforms, integrating AI, automation, and updating core banking infrastructure to enhance scalability, security, and compliance.
In his role at Sutton Bank, Miracle oversaw engineering, infrastructure, and cybersecurity initiatives. He implemented AI-driven solutions to improve operational efficiency and customer experience. Miracle also modernized core banking technology to support scalable, compliant, and API-first banking solutions. His leadership was instrumental in driving digital innovation aligned with emerging embedded banking trends to future-proof the bank’s technology stack.
Miracle's accomplishments at Sutton Bank have positioned him well for his new role at Thread Bank. He will be focusing on similar strategic technological advancements, enabling seamless integrations with banks, middleware providers, and compliance partners. Miracle's leadership will also advance agile development practices at Thread.
Miracle's role at Thread includes overseeing engineering, infrastructure, and cybersecurity functions. He will lead the development and execution of Thread's digital strategy, aligning technology with business objectives. Miracle's focus is on building secure, compliant, API-first infrastructure. He will cultivate a high-performing technical team at Thread and ensure system resilience and regulatory readiness.
Chris Black, CEO, President, and member of the Board of Directors of Thread, expressed his excitement about Miracle joining the company. Black believes Miracle's unique blend of technical depth, Fintech expertise, and visionary leadership will help Thread achieve its digital goals.
Thread Bancorp, Inc. and Thread Bank have appointed Marty Miracle as Chief Digital Officer. Miracle looks forward to blending strategy, technology, and creativity to build secure, forward-looking infrastructure at Thread. He also expressed his excitement about joining Thread to continue setting the standard for community banks through embedded banking.
Miracle's previous roles at Sutton Bank also included establishing key enterprise functions such as Information Security, Risk Management, and Technology Strategy. The transformation at Sutton Bank included integrating AI, automation, and core banking modernization.
In conclusion, Marty Miracle's appointment as Chief Digital Officer at Thread Bank marks a significant step towards the bank's digital future. His extensive experience in digital transformation, AI integration, and modernization of core banking systems will undoubtedly contribute to Thread's growth and success in the competitive Fintech landscape.
- In his previous roles at Sutton Bank, Marty Miracle established critical enterprise functions such as Information Security, Risk Management, and Technology Strategy, demonstrating his expertise in risk management and compliance.
- Miracle's leadership at Thread Bank will focus on building secure, compliant, API-first infrastructure, ensuring regulatory readiness and system resilience for the financial institution.
- As Thread Bank's new Chief Digital Officer, Miracle will be instrumental in leading the development and execution of Thread's digital strategy, aligning technology with business objectives while keeping cybersecurity at the forefront of technological advancements within finance and technology.
