The Mastercard company Vocalink tapped Gregor Dobbie to be its new CEO, the company announced in a press release.
Managing director since 2017, Dobbie will lead Vocalink in the expansion of B2B payment services in the U.K. as well as maintain the company’s critical national infrastructures.
Dobbie will be in charge of infrastructure and applications that power the U.K.’s real-time and batch payments, direct debit bill pay systems, and the country’s network of nearly 70,000 ATMs.
Dobbie will also join the Management Committee of Mastercard’s New Payment Platforms (NPP) business unit offering a full range of B2B payment services in the account-to-account space. He will report to Paul Stoddart, president of New Payment Platforms.
“Gregor’s appointment as CEO of Vocalink is the natural next step for what has been a successful two years as U.K. MD,” Stoddart said. “Gregor has a strong customer focus and recognizes the increasing importance of innovation and resilience across our services. He will continue to drive the development of compelling solutions which meet the evolving needs of our customers.”
Dobbie joined Vocalink’s Card Transaction Services business in 2014 and has more than 16 years of FinTech experience.
“The New Payment Platforms team is transforming global payments through services which range from national payments infrastructures to cutting-edge anti-fraud solutions,” Dobbie said. “I am delighted to lead the dynamic and innovative Vocalink team, playing a key role in democratizing money globally through modernizing payment systems, reducing risk and speeding up payments for consumers and businesses.”
In April, Vocalink partnered with Saudi Payments, a subsidiary of the Saudi Arabian Monetary Authority (SAMA), to launch real-time payments in Saudi Arabia. The partnership will facilitate instant account-to-account payments between financial institutions, consumers and businesses.
This marks the first time real-time payments will be available in the country, with the goal of bolstering its economy through the acceleration of digital commerce.