Veteran executive Luke Tuttle has been appointed chief technology officer at Dallas-based financial tech company MoneyGram.
Tuttle will lead product development and technology, overseeing engineering, platform operations, information security, and emerging technologies like blockchain.
He’ll report directly to MoneyGram Chairman and CEO Anthony Soohoo and will serve on the executive leadership team.
“We’re thrilled to welcome Luke to MoneyGram as such a pivotal member of our team,” Soohoo said in a statement. “As we strengthen our technological capabilities to help every customer save time, effort and money, Luke will drive an ambitious and purposeful technology roadmap to simplify and scale our global payments network. A hands-on leader with a proven track record of delivering transformational change and business growth, Luke is the ideal visionary and leader to take our technology initiatives into a new era of innovation and success.”
MoneyGram said Tuttle brings more than 20 years of experience at the intersection of fintech, adtech, and commerce, having held engineering leadership and architect roles at industry giants such as eBay, Experian, and Klarna.
MoneyGram said he has several key strengths that will be instrumental to his success at the company. They include his ability to excel in both entrepreneurial ventures and global enterprises, as well as his expertise in navigating complex regulatory landscapes across the United States and international markets.
Aiming to leverage “innovative solutions that create significant value”
“I joined MoneyGram to help shape and elevate our engineering capabilities in a way that directly benefits our customers,” Tuttle said in a statement. “Throughout my career, I’ve built and scaled technology organizations at both early-stage startups and some of the world’s leading companies. Now, alongside the talented team at MoneyGram, I’m excited to leverage that experience to craft and deploy innovative solutions that create significant value for the individuals, businesses and communities we serve.”
MoneyGram, which says it makes the movement of money across borders seamless, affordable, and secure for everyone, serves more than 50 million people in over 200 countries and territories a year.
The company has more than 2,000 employees across 36 countries and processes more than $200 billion annually.
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