New York, New York, March 14, 2012 (GLOBE NEWSWIRE) -- Swift Exchange, an innovator in the facilitation of global commerce, today announced the appointment of Cliff Mason as Senior Vice President, Payment Technologies. In his new role, Mr. Mason will lead the development of innovative payment strategies that employ current and forward-looking technologies as part of Swift Exchange’s go-to-market deployment.
"With more than 25 years of experience in this industry, Cliff has extremely deep expertise in payment networks and services, including ACH, card, check, and alternative payment systems," said Richard Postrel, CEO and Founder of Swift Exchange. "We look forward to putting his insights as a seasoned industry veteran to work deploying a comprehensive suite of payment options as part of the breakthrough value proposition we are launching at Swift Exchange."
Mr. Mason spent 14 years at TSYS, where he played a major role in the creation of a new subsidiary company, Total Solutions, Inc., for which he served as President and CEO. Under his leadership, Total Solutions’ revenues grew by 1,400%. Following his success at Total Solutions, he assumed responsibility for the debit and prepaid divisions at TSYS. Most recently, Mr. Mason served as SVP of sales for TxVia, an emerging payments technology company.
"I was initially attracted to Swift Exchange because of the intersection of its impressive patent portfolio, incredible team of people with strong experience in a variety of industries, and a culture that is second to none," said Mr. Mason. "There are times in your career where you have the opportunity to join a company that has one of those pieces, but in this case, all the pieces have been brought together in one organization."
Mr. Mason added: "Swift’s technology is light years ahead of everything currently in the marketplace and provides a better customer experience and higher profitability for all users."
Mr. Mason received his Bachelors of Science in finance from Villanova University.
About Swift Exchange
As a pioneer in global commerce, SWIFT EXCHANGE has developed a first-of-its-kind electronic commerce ecosystem utilizing its patent-protected technology that blends points and miles from different reward programs to make them as easy to spend as cash. SWIFT EXCHANGE’S first deployment includes a multi-tender payment mechanism that easily embeds into e-commerce sites and at point-of-sale. Reward program operators have a way to expand the utility of their rewards currency for customers and merchants have a way to accept rewards currencies for payment. Founded by CEO Richard Postrel, SWIFT EXCHANGE is owned and operated by Signature Systems LLC. For more information, visit www.swiftexchange.com or call (305) 865-7000.
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