DENVER, November 15, 2018 - CULedger , a credit union-owned CUSO that focuses on delivering innovative applications to credit unions through its cross-border global distributed ledger platform, has named Dante Terrana as its senior vice president of market development.

In his new position, Terrana will be responsible for developing commercialization strategies, leveraging strategic partner relationships and collaborating with credit unions worldwide. Terrana brings more than 30 years of experience in the payments industry with an extensive background in sales, product management and development, marketing, customer service and business development.

Prior to his position at CULedger, Terrana held various roles at Mastercard, including a focus on strategic relationships and marketing for the Independent Bank and Credit Union segments. Additionally, he helped lead domestic adoption of EMV technology with issuers and acquirers as chip card technology began to take hold in the U.S. in 2012. Previously, during his 18-year tenure at Visa, Terrana helped U.S. institutions meet evolving customer needs through the introduction of debit cards, and an embracing of then-innovative technologies such as E-commerce, electronic bill payment and electronic check conversion.

"I am honored to join CULedger's experienced team and work with credit unions to reinvent their digital strategies through this next generation technology," said Terrana. "CULedger is transforming the industry by bringing innovative distributed ledger applications to the market not only to deliver benefits related to cost, efficiencies, and security, but also to help credit unions deliver on the promise of financial inclusion to millions of consumers who our traditional payment system fails to accommodate."

Terrana holds a Bachelor of Science degree in marketing from The Pennsylvania State University and is a graduate of the ABA School of Bankcard Management.