Advanced Credit Technologies Inc. Appoints Mark Carten as Chief Technical Officer
May 03, 2016
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On May 4, 2016, the Board of Advanced Credit Technologies Inc. approved Mark Carten to serve as the Company's Chief Technical Officer. On the same date, the Board approved an at-will employment contract with Mr. Carten whereby he will be compensated a salary of $0.20 per user, per month, for each active user of the Company's Turnscor Pre-Paid Debit Card, or any other of the Company's products or sublicensees that use the Cyberloq technology. Mark Carten has worked as an independent software and hardware developer for over 30 years. Mark has also assumed the position of Chief Technical Officer for Advanced Credit Technologies.
Cyberloq Technologies, Inc. is a development-stage technology company focused on fraud prevention and credit management. The Company offers a proprietary software platform branded as CyberloQ. CyberloQ is a Multi-Factor authentication (MFA) protocol technology that is offered to institutional clients in order to combat fraudulent transactions and unauthorized access to customer accounts and or any digital asset. Through the use of a customerâs smart-phone, CyberloQ uses a multi-factor authentication system to control access to a bank card, transaction type or amount, Website, database or digital service. In addition to CyberloQ, it offers a web-based proprietary software platform under the brand name TurnScor, which allows customers to monitor and manage their credit from the privacy of their own homes. The CyberloQ Vault is a cloud-based security protocol that allows clients the ability to send/receive secure data without having to use traditional e-mail which is prone to a breach.