Ann Camarillo to Join Loyyal's Board of Directors

May 20, 2016 17:00 JST

Source: Loyyal

NEW YORK, N.Y., May 20, 2016 - (ACN Newswire) - Loyyal Corporation today announced that Ann Camarillo, President and CEO of Boloro Global Ltd. and former CEO of Maestro and Cirrus (MasterCard), has been elected to Loyyal's Board of Directors.

Over the course of a 20-year career at MasterCard Worldwide, Ann held various leadership positions in the United States and globally, responsible for the financial contribution of all products and services and for creating and implementing next generation revenue streams.

Ann also served as Global CEO of Maestro International and Cirrus, the largest global debit card POS and ATM networks. She created the Debit Centre of Excellence and managed the Global Debit Advisory Board with responsibility for all debit and prepaid strategy, policies, financial performance and investments.

Ann is now CEO and President of Boloro, a mobile payments processing network, facilitating fast, secure and consumer-friendly payment acceptance for online/eCommerce, in-store retail, mass-transportation, government bill payments and remittances.

"Ann is a pioneer in the financial industry, with a formidable track record, and we are excited to welcome her to Loyyal's Board of Directors," said Greg Simon, CEO & Co-Founder Loyyal. "We believe her strong payment network experience at global leader MasterCard will be extremely valuable as Loyyal expands around the world."

"I am delighted to join Loyyal's Board of Directors. Loyyal has hit the ground running. Already post-revenue, Loyyal has signed coveted brand names and is launching enhanced loyalty and reward programs with compelling features such as instant redemption and interoperability," said Ann Camarillo. "Blockchain has powerful utility as next generation technology, and Loyyal is laser-sharp in its focus to differentiate and deliver new value in the rewards industry. They have the potential to be the underlying interoperable rewards industry network, and I look forward to helping get them there."

Sean Dennis, COO & Co-Founder Loyyal, adds "Ann has been a close friend and supporter of Loyyal since we met, and has already been an incredible help with strategy and introductions to date. Her appointment to Loyyal's Board of Directors only further strengthens our relationship going forward, and we are honoured to have such an outstanding individual on the Board."

About Boloro

Boloro Global Limited is a US mobile payments processing branded network that facilitates fast, secure and consumer-friendly payment acceptance for online/eCommerce, in-store retail, mass-transportation, government bill payments and remittances. Consumers are able to authorize payments using their basic or smartphone without any application to download and can debit any account offered by issuers connected to the Boloro network. Boloro is presently operating across markets in South Asia, Middle East and Africa with additional markets preparing to launch in these regions as well as in Latin American & Caribbean and East Asia. Please visit www.boloro.com.

About Loyyal

Loyyal is reinventing how loyalty is created and rewarded. Loyyal is the universal loyalty and rewards platform, built with blockchain and smart contract technology. It introduces interoperability to the currently fragmented industry, multi-branded coalitions, superior program liability management and dynamic issuance/redemption options customized for each unique relationship. It is the "Internet of Loyalty"(TM). Please visit www.loyyal.com.

For media inquiries, please contact:

Loyyal: Sean Dennis (Co-founder & COO): sean@loyyal.com

Source: Loyyal
Sectors: Cards & Payments, Retail & eCommerce, E-commerce, Wireless, Apps, Crypto, Exchange