Ingo Money, Inc. today announced that H. Eugene (Gene) Lockhart, former President and CEO of MasterCard Worldwide, has joined its Board of Directors. Lockhart will help the fast funds provider rapidly scale to serve its growing base of bank and non-bank financial services companies and consumer, micro-merchant and small business customers.

“Ingo Money addresses a pressing, but often overlooked problem for hundreds of millions of individuals and small businesses — the funds delay and default risks associated with more than $20 trillion in checks issued annually,” said Lockhart. “I am excited to work with Ingo’s veteran leadership team to build on their success and extend its guarantee of instant funds access to even more Americans.”

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