CyberloQ Technologies, Inc. Strengthens its Advisory Board with the Addition of Veteran Technology Growth Expert to Coordinate Product Launch and Delivery Services of its Proprietary MFA Platform

Rhea-AI Summary

CyberloQ Technologies (CLOQ) announced the appointment of Cary Strange, a payments industry expert, to its advisory board. Strange's extensive experience includes senior roles in renowned companies like QRails and Brinks Money. This strategic move comes at a time of heightened interest in CyberloQ's partnership with Pannovate, which is attracting attention across various sectors, including banking and fintech. CyberloQ aims to enhance its revenue operations and combat payment fraud, which affects 71% of businesses according to a recent AFP report.

Positive

• Appointment of Cary Strange brings extensive industry experience to the advisory board.
• Strategic partnership with Pannovate generates significant global interest across multiple sectors.
• CyberloQ's solutions aim to mitigate payment fraud, addressing a critical concern among businesses.

Negative

• None.

Sarasota, FL, Oct. 18, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- CyberloQ Technologies, Inc. ("CyberloQ" or the "Company") ( CLOQ ), a global provider of custom multi-factor authentication and authorization security solutions, is pleased to announce the appointment of growth expert Cary Strange to its advisory board.

As we round out our team of industry experts, CyberloQ welcomes Mr. Cary Strange to its board of advisors. Chris Jackson states, “Cary brings a seasoned career within the payments industry and his credentials speak for themselves. Our timing couldn’t be better as we have received tremendous response from the announcement of our collaborative partnership with Pannovate. The Pannovate partnership has generated tremendous interest from around the world, in multiple verticals, such as banking, MFA/security, and fintech, just to name a few. We are quite excited that Cary will help us drive success through Pannovate and other strategic channels.”

Strange has held senior executive positions at industry leaders such as QRails, Insperity, Brinks Money, and PEX Card. He has helped many of these organizations build out their revenue operations including strategy, product alignment, sales, marketing, and business development. Strange adds, “I am looking forward to contributing to the success of CyberloQ. According to the 2022 AFP report, 71% of businesses are victims of a payment fraud attempt. Mastercard also reported that there was over $28B in card fraud in 2020 alone. CyberloQ’s solutions can help detect and mitigate much of this fraud well before it happens.”

About CyberloQ
CyberloQ is a leading provider of custom multi-factor authentication (MFA) and authorization protocol solutions. Through its intuitive API-based proprietary platform, CyberloQ combines geofencing, AI, and other MFA technologies, to allow companies to efficiently integrate these into their existing technology infrastructure.

Chris Jackson
612.961.4536
chris@cyberloq.com


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FAQ

What recent changes were made to CyberloQ Technologies' advisory board?

CyberloQ Technologies appointed Cary Strange to its advisory board, enhancing its leadership with his extensive experience in the payments industry.

What is the significance of Cary Strange's appointment for CyberloQ?

Cary Strange's appointment is expected to drive revenue operations and leverage strategic partnerships, particularly with Pannovate, enhancing CyberloQ's market position.

How does the partnership with Pannovate impact CyberloQ Technologies?

The partnership with Pannovate has drawn significant global interest, potentially opening up new business opportunities across various sectors, including banking and fintech.

What statistics highlight the need for CyberloQ's solutions?

According to a 2022 AFP report, 71% of businesses have experienced a payment fraud attempt, emphasizing the necessity for CyberloQ's fraud mitigation solutions.