Mr. Friel has more than 25 years experience in the financial services sector with a strong focus on business development, strategic investments, alliance management and working with early stage technology companies. Mr. Friel is currently Chief Strategy and Business Development Officer & Co-founder at DxEcosystems.Mr. Friel has served as a founder, director, and/or advisor to several companies, including DxEcosystems, 6fusion, aPersona, CapitalStream, InQuira, Moneta Corporation, Net Direct Systems, Stash Games, & Virtual StrongBox. Mr. Friel founded Bank of America’s Strategic Alliances and Investments group charged with identifying emerging technologies and enabling business unit adoption. As President of Banc of America Technology Investments, Inc. and Banc of America Ecommerce Holdings, Inc., Mr. Friel managed the investment of over $125 million in more than 40 early stage venture capital backed companies in the payments, payment processing, security and authentication, and billing sectors. Notable early stage venture equity investments ($1 billion + exits) included Signio, an electronic payments gateway which was acquired by VeriSign, Shopping.com, which pioneered online comparison shopping and is now owned by eBay, and Archipelago, the nation's first totally open, all-electronic stock exchange which merged with the New York Stock Exchange. Mr. Friel was SVP and Director of Financial and Economic Analysis at Bank of America, and taught economics at North Carolina State University.