nanoPay Corporation Names Tracy Molino as General Counsel and Chief Compliance Officer

TORONTO, ON--(Marketwired - Jul 12, 2016) - nanoPay Corporation, a fully-integrated loyalty and payments platform provider and provider of the MintChip digital cash platform, announces Tracy Molino joined its executive leadership team as General Counsel and Chief Compliance Officer. Working alongside an impressive list of talented nanoPay executives, Tracy will be responsible for developing the legal and compliance framework for nanoPay's payments solutions as nanoPay begins to deploy and expand the utility and acceptance of MintChip throughout the world.

"Adding Tracy to our management team reflects our commitment to being on the cutting edge of digital payments," said Laurence Cooke, CEO and founder of nanoPay. "Her extensive experience with the regulation of new payment methods and technologies means that we will continue to be thought leaders in the industry. At nanoPay, we look forward to contributing to the development of rules and regulations that support, rather than stifle payments innovation. Tracy's understanding of emerging payments and her years of researching and informing policy development ensure that we are well-positioned to help shape the changing regulatory landscape."

Tracy was most recently with Bank of Montreal (BMO) where she was a Senior Counsel supporting both the everyday banking and retail credit card lines of business. Prior to BMO, she served as Counsel for the Canadian Payments Association (CPA), where she focused on emerging payments and the regulation of the rapidly-evolving payments landscape.

In 2012, Tracy earned a Master of Laws from the London School of Economics where she studied the regulation of financial markets, regulatory theory and the Global Financial Crisis. Graduating with distinction, Tracy received her Juris Doctor (J.D.) from Queen's University.

"I'm passionate about nanoPay's mission to create a payments ecosystem with a way to send funds around the world -- ethically, legally, and at a fraction of today's cost," said Tracy Molino, General Counsel and Chief Compliance Officer of nanoPay. "I believe the company is strongly positioned to make MintChip the de facto standard for global digital cash platforms. I'm thrilled to join a team of such high achievers and innovative thinkers."

Tracy joins nanoPay at a pivotal time as the company will continue to bring value to both businesses and consumers with the forthcoming deployments of the MintChip digital currency platform.

For more information on nanoPay and its executive team, visit https://nanopay.net/.

About nanoPay
Founded in 2012, nanoPay is an early-stage Fintech company based in Toronto that provides loyalty and payments solutions for retail and ecommerce merchants as well as digital payment technology through MintChip, a digital currency product developed by the Royal Canadian Mint and acquired in December 2015. nanoPay combines customer identity, loyalty and payment information into single-use transaction tokens that make payments Frictionless™. Merchants can leverage customer data into insight and engage customers with content and offers relevant to them. For more information about nanoPay, visit http://www.nanopay.net/.