Acculynk Announces Eduardo Tobon to Join Board of Directors

ATLANTA -- (BUSINESS WIRE) -- Acculynk, Atlanta-based payments provider with the first software-only service for Internet PIN debit payments, PaySecure®, announced today the addition of Eduardo Tobon to Acculynk’s Board of Directors. Mr. Tobon is currently CEO, US Cards and Payments Division, Sovereign Bank, a subsidiary of Banco Santander, S.A.

“Eduardo is a tremendously valuable addition to our Board and brings an entrepreneurial background and wealth of experience in the payments industry, both domestic and international,” said Ashish Bahl, Chairman of the Board and CEO, Acculynk. "His knowledge and leadership will contribute significantly to Acculynk."

Eduardo Tobon’s financial services experience includes payments, merchant acquiring, treasury management, international trade banking, government banking, international cash management, payroll, insurance, and health savings accounts (HSAs). Mr. Tobon joined Sovereign Bank in 2001. Mr. Tobon serves on the Partnership, Inc. board, on the advisory board for Cambridge College, and as President of the Board with Boston Youth Symphony Orchestras.

About Acculynk

Acculynk secures online transactions with a suite of software-only services backed by a patented authentication and encryption framework that provides greater security for issuers, EFT networks, merchants and payment processors. Acculynk’s PaySecure^® utilizes a graphical PIN-pad for the secure entry of a consumer’s PIN online and is available to merchants through existing acquirer relationships, enabling speedy implementation. PaySecure is currently enabled on over 3,000 merchant websites. Acculynk has partnerships with 9 EFT networks to process PaySecure transactions and with six leading payment processors, and is certified with PULSE, First Data and Master Card, among other key industry leaders. Visit http://www.acculynk.com.