On April 14, 2015, Securus Technologies announced its transaction on the acquisition of JPay Inc. According to Rick Smith, Securus Technologies’ CEO, this deal will put his organization into the quickest growing corrections segment. The partnership of Securus and JPay will lead to the creation of money transfer coverage of prisoners and production of consumer items to a captive market. This strategy will be enabled by the Miramar-located technology enterprise whose specialty is in the provision of electronic payment services to correctional facilities. Additionally, JPay offers entertainment and educational applications as well as email for prison communication and learning. JPay will be convenient in spearheading Securus Technologies due to its expansive workforce. The organization has 225 workers and carries operations in 33 state prisons.Rick Smith’s interest to possess JPay was motivated by the company’s progress in serving inmates.
Since JPay’s founding in 2002, the company has evolved and incorporated digital platform in its systems. At the moment, inmates can access books, games, and music and email services courtesy of JPay’s inmate clouds, tablets, and kiosks. In Ryan Shapiro’s opinion, JPay will have support in its pursuit to augment products and make prisons more efficient and safer. JPay’s Chief Executive Officer postulates that Securus will help it achieve its vision of transitioning inmates into viable and responsible citizens once they are released. Securus’ exposure in North America will supplement the two leaders’ intents. With Securus Technologies operations in over 2,600 correctional agencies and public safety initiatives, the positive transformation will be positively felt in the corrections sector.Under Rick Smith’s guidance, Securus focuses on curbing incarceration crimes committed by inmates.
Rick Smith thus assesses Securus’ success by reviewing positive comments on the company’s emails. According to various studies, reporters have been able to source out emails and produce blogs regarding the organization. Most emails are hope-related and focus on making cases of inmate incarceration safer by providing suitable alternatives. The emails suggest that Rick Smith’s ventures equate to sophisticated investments. The people regard Securus interests as best suited for the people regarding crime prevention and safety.Before working at Securus Technologies, Rick Smith served at Eschelon Telecom Inc as the company’s Head. After three years, Mr. Smith was promoted to the firm’s Chief Executive Officer. Rick Smith also worked at Frontier Corp. During his term in that company, Rick Smith played various roles including being the chief information officer and the organization’s controller. He inputted Frontier Corp. with a huge workforce of employers from 1972 to 1998. Smith’s expansive knowledge is attributed to his educational experience. He attended Rochester Institute of Technology and New York State University. Rick Smith successfully graduated from both the institutions having acquired his knowledge.