Onyx CenterSource, the global leader in hotel commission payments and recovery services, today announced the appointment of Mike Carlo as Global Head of Payments.ÊMr Carlo currently serves on the Board of Directors of the Hotel Electronic Distribution Network Association (HEDNA) and chairs the global hospitality payments working group.
Mr Carlo, a finance and business development expert with nearly 30 years’ experience, most recently served Transpay, a Wall Street fintech company, as global head, travel payments, responsible for managing the business-to-business, cross-border payout division of Transfast Remittance LLC.
Previously he was head of travel solutions for WEX Inc. after nearly a decade leading travel industry efforts for GlobalCollect BV, now Ingenico ePayments, and a principal and founder of CleverChef Inc.
Early in his career, Mr Carlo worked for PricewaterhouseCoopers in a variety of financial advisory capacities, ending his tenure as innovation and new product leader globally. He began his career with Continental Airlines in as a senior financial analyst.
ÒMike will play a key role in helping us transform Onyx CenterSource from the industry leader in commission payments to the leader in business-to-business payments, create an unparalleled and seamless payment experience, including merchant online travel agency prepayments and direct-booking transactions,Ó said Mark Dubrow, Onyx CenterSource CEO.
ÒHe will lead industry-wide efforts that place the traveler at the center of payment choices, from providing cost-effective payment alternatives to virtual credit cards and increasing the number of currencies supported for funding and payments solutions.Ó
Mr Carlo earned a Bachelor of Arts degree in Economics and a Master of Business Administration degree with a concentration in finance at Georgetown University in Washington.