AP NEWS

Switch, Inc. Adds Amy Hanson, Former Macy’s EVP of Credit Experiences to Its Board of Directors

October 3, 2018

SEATTLE--(BUSINESS WIRE)--Oct 3, 2018--Switch, Inc., a Seattle-based financial technology company offering the only platform to comprehensively solve credit card management and replacement problems for consumers, card issuers and merchants, continues to attract support from leaders in the financial services and retail industries. The company announced today it has added Amy Hanson, former EVP at Macy’s and credit, payments and retail expert, to its board of directors and as a company advisor.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20181003005078/en/

Former Macy’s EVP of Credit Experiences, Amy Hanson, Joins Switch, Inc. Board of Directors (Photo: Business Wire)

“The Switch platform brings consumers and retailers a revolutionary solution to the inconvenience and business problems caused by card re-issuance. It’s exactly what retailers need to have a better relationship with their customers and improve their bottom line,” said Hanson, a highly experienced executive in the consumer credit arena and leader in strategic execution of innovative technology in the payments industry. “CardSavr API and its game-changing technological approach are so simple to apply. It’s unique to see such a powerful, flexible and intuitive application help drive business and simultaneously improve customer satisfaction.”

Amy Hanson brings a broad portfolio of senior leadership in retail, finance, consumer credit and technology. Hanson currently provides ongoing counsel on technology, retail strategy, private label credit strategy, and omnichannel consumer insight and services to leading merchant and financial organizations such as Westfield Retail Services, National Retail Federation, and various private equity firms.

Hanson’s experience at Macy’s included an impressive track record in leadership and growth of the $7 billion assets in the credit business for Macy’s, omnichannel call center management, loyalty program development, and technology strategy development for consumer services. She led Macy’s strategies in payment acceptance, including mobile wallets, and Macy’s 2009 nationwide integration to its current unified structure.

Hanson joins existing board members, company CEO and Co-Founder Chris Hopen, a technology veteran and entrepreneur who also founded Tappin, which was acquired by Globalscape in 2011; Spry Internet-in-a-Box and DataChannel Founder and Switch Co-Founder, Dave Pool; accomplished CEO and wireless pioneer Rich Begert; consumer payments and loyalty executive, Kevin Knight; and former Mastercard worldwide executive, Carol A. Cosby.

“Amy is a highly respected powerhouse in the payments industry and a visionary in the application of technology to enhance consumer credit experiences and retail growth,” said Hopen, Co-Founder and CEO of Switch, Inc. “We are thrilled to have access to her insights, experience and relationships, as we continue to provide groundbreaking solutions to merchants, banks and financial services companies. Amy will be a huge asset as we take our company’s differentiated offerings to new areas of the marketplace.”

“As a technology strategist and operational executive in the payments industry, I’ve seen many technologies come and go. Switch has a breakthrough and core innovation that can adapt and grow with the changing needs of the industry,” added Hanson.

Switch announced its API, CardSavr™, earlier this year, as a means to help issuers place their credit cards into use instantaneously by provisioning cards on thousands of merchant sites in real time, alleviating batched file transfer processes. The new technology will help redeem millions of lost purchasing dollars for financial institutions and retailers, who are hit hard when consumer credit cards are out of circulation. Learn more about the CardSavr experience at https://www.cardsavr.com/.

About Switch, Inc.

Headquartered in Seattle, Switch creates one-of-a-kind cardholder experiences that inspire loyalty, leading to recaptured and increased card revenue by keeping cards Top of Wallet. The company’s secure, proprietary and patent-pending automation technology gives cardholders the ability to manage and update all of their online accounts in one place. You can learn more about Switch at switchme.com or follow the company on Facebook and Twitter.

View source version on businesswire.com:https://www.businesswire.com/news/home/20181003005078/en/

CONTACT: Switch, Inc.

Katherine Chavez, +1 425-522-3683

press@switchme.com

KEYWORD: UNITED STATES NORTH AMERICA WASHINGTON

INDUSTRY KEYWORD: TECHNOLOGY ONLINE RETAIL OTHER TECHNOLOGY PROFESSIONAL SERVICES BANKING FINANCE RETAIL

SOURCE: Switch, Inc.

Copyright Business Wire 2018.

PUB: 10/03/2018 09:09 AM/DISC: 10/03/2018 09:09 AM

http://www.businesswire.com/news/home/20181003005078/en

AP RADIO
Update hourly