Recent Updates — APCXW
AppTech Payments Corp. entered into a $500,000 promissory note with the Suzanne D. Lord Spousal Estate Reduction Trust on July 17, 2026, for short-term working capital and general corporate purposes. The note bears 9.0% annual interest and matures in 90 days. This is a related person transaction involving the Chairman of the Board, Albert L. Lord, Jr. AppTech Payments Corp. operates in the payments industry and provides payment processing services.
AppTech Payments Corp. announced on July 1, 2026, that Thomas J. DeRosa has stepped down from his roles as President and Chief Executive Officer, effective immediately, though he will remain on the Board of Directors. Felipe A. Corrado IV, the current Chief Financial Officer and Treasurer, has been appointed as Interim Chief Executive Officer. In this dual role, Mr. Corrado will also continue serving as CFO until a permanent replacement is named. His compensation was adjusted to $300,000 in connection with this appointment. AppTech Payments Corp. is a financial technology company providing payment solutions.