Miriam Sheril, PMP, PMI-ACP, SAFe POPM
US Head of Product
Form3
Biography
After completing her Bachelor of Science in Computational Mathematics and Master's in Information Systems, Miriam began her journey in the world of technology as an intern for the Federal Reserve during college and remained there for most of her career. She has more than 15 years’ experience in financial services, where she focused on product, software development and management at the Federal Reserve Bank and Form3. Miriam began her Fed career on the Fedwire product, managing Fedwire and wholesale payment initiatives for 8 years. Prior to leaving the Fed, Miriam was the FedNow Core Product Manager Lead AVP, responsible for the design and build of the FedNow core product since inception. Miriam then joined Form3 in 2022 as US Head of Product with responsibility to build out and enhance Form3’s product capabilities in the US. At Form3 she is focused on leading the product team for the US and expanding the US market, building on the Form3 framework which is widely used in the UK. Miriam leads a team of product managers and business analysts to drive development of modern, cloud-based gateway connectivity to the non-card payment schemes in the US including ACH, RTP, FedNow, Fedwire, CHIPS and Zelle. As a relatively new entrant into the US market, Miriam is heavily involved in sales and marketing of the Form3 products and promoting the Form3 brand in the US.
How is the nominee propelling the industry forward?
Miriam was instrumental in driving the FedNow product, the first new Federal Reserve payment scheme in decades, to implementation and managed Fedwire initiatives and wholesale payments for the Federal Reserve Bank New York for 8 years prior to her move to the FedNow team. In her role at Form3, Miriam is responsible for bringing industry-leading, multi-cloud, API-based technology to the US payment landscape and offering Financial Institutions a solution which allows an FI to direct payments to the most appropriate scheme through a single interface. At Form3, Miriam is passionate about educating the industry about Instant Payments by sharing relevant content through webinars, podcasts and information sessions with banks and customers around compelling payment industry topics. Miriam is a sought after speaker at major conferences including NACHA Faster Payments, the Faster Payments Council and Money 20/20. She has been nominated for a number of industry awards including Innovator of the Year, Women in Paytech and Women in Payments. Miriam is currently serving on the Board of Directors for the Faster Payments Council and chairs the FPC’s Operational Considerations Work Group, providing FIs with guideposts to effectively manage the operational change necessitated by instant payments. During her time at the Fed as well as currently, Miriam has actively mentored others in the payments arena as a means of sharing her knowledge and experience and is one of the initial individuals to tackle the newly established Accredited Faster Payments Professional certification. Miriam is unashamedly proud to be labeled a payment geek!
Where do you see the nominee succeeding in the future?
Miriam’s work with FIs to leverage new technologies more aggressively for their core processing, particularly payments, is helping to drive a broader impact on the fintech sector and allows new players to participate in providing services that would not have been considered in the past. Leveraging things like cloud, microservices and APIs opens the provision of technology services to a far broader audience than has been possible in the past and allows FIs to position themselves flexibly in the ever-evolving payments ecosystem. Instant Payments are still in their infancy in the US and, through her industry visibility and experience at the Federal Reserve, Miriam is poised to help drive adoption of these payment rails and ensure that businesses and consumers are able to cost effectively utilize the payment scheme which best suits their needs in each use case. US payment schemes have undergone more change in the past several years than in the past several decades. Miriam’s experience with multiple schemes, multiple roles and multiple players in the payment space positions her to adjust to the ever-changing US payment landscape and be a leader as the industry continues to grow and evolve.