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Following OCC Conditional Approval, Augustus Announces Column's Benjamin Alexander as Chief Compliance Officer

Business

Following OCC Conditional Approval, Augustus Announces Column's Benjamin Alexander as Chief Compliance Officer
Business

Business

Following OCC Conditional Approval, Augustus Announces Column's Benjamin Alexander as Chief Compliance Officer

2026-05-19 19:30 Last Updated At:19:45

Augustus names Benjamin Alexander as Chief Compliance Officer, bringing 15+ years of BSA/AML and regulatory compliance leadership from Column, HSBC, and JPMorgan Chase to architect the compliance framework for the first clearing bank for the AI era

NEW YORK, May 19, 2026 /PRNewswire/ -- Augustus, the company building the world's first clearing bank for the AI era, today announced the appointment of Benjamin Alexander as Chief Compliance Officer. Benjamin joins from Column, where he served as Chief Compliance Officer and BSA/AML Officer, and brings over 15 years of compliance leadership across both global banking institutions and high-growth fintechs.

This appointment follows Augustus's receipt of conditional approval for a national bank charter from the United States Office of the Comptroller of the Currency (OCC), which will enable Augustus to build a clearing bank that is inherently programmable with an AI-native core. Building a new kind of bank requires a new kind of compliance infrastructure. As Augustus prepares to extend its always-on clearing platform to US Dollars — the world's primary reserve currency — the stakes of getting compliance right couldn't be higher.

Benjamin previously re-built Column's compliance infrastructure from the ground up, including their foreign correspondent banking program. Benjamin's further experience at JPMorgan Chase, HSBC and CFSB gives him a vantage point few compliance leaders have: the full stack, from the world's largest correspondent banking networks to the earliest stages of a technology first clearing platform at Column. That combination — large-bank rigor, fintech agility — is precisely what Augustus needs. Augustus is not retrofitting a legacy compliance stack; it is building one from scratch, designed for programmable money, agentic transactions, and 24/7 global operations, and he is the right architect for the job.

"You need to get three things right to nail global clearing for the AI era: the full charter, the intelligent bank core, and an outstanding compliance product," said Ferdinand Dabitz, CEO and Co-Founder of Augustus. "With Benjamin's unique experience, we can turn this compliance platform into a competitive advantage that is always on, made of code and works at the speed of compute."

"After 15 years of navigating legacy systems and institutions, I'm ready to stop retrofitting the old and start building the new. We've reached a rare convergence of banking, stablecoins, and AI— the perfect environment to build a purpose-built compliance stack from scratch," said Benjamin Alexander, Chief Compliance Officer of Augustus.

Benjamin joins a leadership team that includes President Greg Quarles, a former National Bank Examiner and CEO of Green Dot Bank; CFO Joe Schenone, who has successfully transformed two technology companies into regulated banks; Chief Credit Officer Andy Riggs, from the founding team of Brex's Asset Management business; and Chief Risk Officer Kyle Steed, who is a seasoned financial services executive and former bank regulator who was most recently Interim Chief Risk Officer at United Texas Bank.

About Augustus
Augustus is building the first clearing bank for the AI era — an intelligent bank, built on programmable money and AI. Augustus is built to serve global financial institutions, and is already processing billions for market leaders like Kraken today. Augustus was founded in 2022 by Ferdinand Dabitz, Joshua Becker, Simon Wimmer, and Peter Lieck, and has raised $40 million. They're backed by Peter Thiel's Valar Ventures, Creandum, and the founders of companies like Ramp, Deel, and Circle.

CONTACT: press@augustus.com

Augustus names Benjamin Alexander as Chief Compliance Officer, bringing 15+ years of BSA/AML and regulatory compliance leadership from Column, HSBC, and JPMorgan Chase to architect the compliance framework for the first clearing bank for the AI era

NEW YORK, May 19, 2026 /PRNewswire/ -- Augustus, the company building the world's first clearing bank for the AI era, today announced the appointment of Benjamin Alexander as Chief Compliance Officer. Benjamin joins from Column, where he served as Chief Compliance Officer and BSA/AML Officer, and brings over 15 years of compliance leadership across both global banking institutions and high-growth fintechs.

This appointment follows Augustus's receipt of conditional approval for a national bank charter from the United States Office of the Comptroller of the Currency (OCC), which will enable Augustus to build a clearing bank that is inherently programmable with an AI-native core. Building a new kind of bank requires a new kind of compliance infrastructure. As Augustus prepares to extend its always-on clearing platform to US Dollars — the world's primary reserve currency — the stakes of getting compliance right couldn't be higher.

Benjamin previously re-built Column's compliance infrastructure from the ground up, including their foreign correspondent banking program. Benjamin's further experience at JPMorgan Chase, HSBC and CFSB gives him a vantage point few compliance leaders have: the full stack, from the world's largest correspondent banking networks to the earliest stages of a technology first clearing platform at Column. That combination — large-bank rigor, fintech agility — is precisely what Augustus needs. Augustus is not retrofitting a legacy compliance stack; it is building one from scratch, designed for programmable money, agentic transactions, and 24/7 global operations, and he is the right architect for the job.

"You need to get three things right to nail global clearing for the AI era: the full charter, the intelligent bank core, and an outstanding compliance product," said Ferdinand Dabitz, CEO and Co-Founder of Augustus. "With Benjamin's unique experience, we can turn this compliance platform into a competitive advantage that is always on, made of code and works at the speed of compute."

"After 15 years of navigating legacy systems and institutions, I'm ready to stop retrofitting the old and start building the new. We've reached a rare convergence of banking, stablecoins, and AI— the perfect environment to build a purpose-built compliance stack from scratch," said Benjamin Alexander, Chief Compliance Officer of Augustus.

Benjamin joins a leadership team that includes President Greg Quarles, a former National Bank Examiner and CEO of Green Dot Bank; CFO Joe Schenone, who has successfully transformed two technology companies into regulated banks; Chief Credit Officer Andy Riggs, from the founding team of Brex's Asset Management business; and Chief Risk Officer Kyle Steed, who is a seasoned financial services executive and former bank regulator who was most recently Interim Chief Risk Officer at United Texas Bank.

About Augustus
Augustus is building the first clearing bank for the AI era — an intelligent bank, built on programmable money and AI. Augustus is built to serve global financial institutions, and is already processing billions for market leaders like Kraken today. Augustus was founded in 2022 by Ferdinand Dabitz, Joshua Becker, Simon Wimmer, and Peter Lieck, and has raised $40 million. They're backed by Peter Thiel's Valar Ventures, Creandum, and the founders of companies like Ramp, Deel, and Circle.

CONTACT: press@augustus.com

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

Following OCC Conditional Approval, Augustus Announces Column's Benjamin Alexander as Chief Compliance Officer

Following OCC Conditional Approval, Augustus Announces Column's Benjamin Alexander as Chief Compliance Officer

SINGAPORE, May 19, 2026 /PRNewswire/ -- ENNOVI, a global leader in advanced interconnect and power solutions, will showcase its battery cell contacting system (CCS) capabilities at The Battery Show Europe 2026 (Hall 5, Booth C40). ENNOVI will demonstrate how its CCS technologies provide a unified approach that supports all major cell formats across a wide range of electrification applications. Visitors to the booth can experience live demonstrations of CCS solutions across applications, from EVs and 2-wheelers to energy storage systems (ESS) and emerging robotics platforms.

ENNOVI continues to build on its established collaboration with AKM Meadville, leveraging the partner's advanced flexible printed circuit (FPC) manufacturing capabilities to enhance technological advantages and cost competitiveness for CCS customers in Europe. Together, the companies have been enabling improved integration, compact design, and enhanced electrical performance for next-generation battery systems.

"Our ongoing collaboration with AKM Meadville plays an important role in our mission to deliver innovative, competitive solutions to our CCS customers," said Stefan Rustler, CEO of ENNOVI. "By integrating AKM Meadville's FPC expertise into our supply chain, we continue to strengthen our ability to meet the needs of our European customers and drive greater efficiency and value in the CCS market."

"We are proud to be working alongside ENNOVI as we expand our presence in Europe," said C.W. Fong, CEO of AKM Meadville. "Our collaboration reflects a shared commitment to delivering high-quality solutions and supporting customers as battery technologies continue to evolve."

Among the CCS highlights is ENNOVI's patented U-Turn technology and advanced hot and cold lamination capabilities, including its new adhesive-free alternative. Also, high-voltage extruded busbars for use within EV battery packs and junction boxes. Other interconnect technologies include solder-bearing leads, press-fit connectors, and insulation displacement contacts.

Attendees are invited to visit ENNOVI and AKM Meadville (Hall 5, Booth C40) to experience these technologies firsthand and engage with engineering experts. Visitors can also say hello to our guest humanoid robot, the Unitree G1.

About AKM Meadville

AKM Meadville specializes in IC substrates, substrate-like PCBs, advanced HDI and any-layer technologies, rigid-flex, FPC, FPCA, and power battery modules. The company provides global customers with a one-stop solution spanning R&D, precision manufacturing, and SMT assembly.

About ENNOVI

ENNOVI empowers industries worldwide to accelerate electrification and AI transformation, driving smarter, faster, and more sustainable growth.

Agency Contact:  

Pretzl
Erin McMahon
erin.mcmahon@pretzl.com 

** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **

ENNOVI Showcases Battery Cell Contacting System, including FPC Capabilities, Across All Major Cell Formats at The Battery Show Europe

ENNOVI Showcases Battery Cell Contacting System, including FPC Capabilities, Across All Major Cell Formats at The Battery Show Europe

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