13 February 2016

Voice Commerce recruits RBS WorldPay's Tim Reynolds as CTO

20 January 2010  |  9263 views  |  0 handshake

Voice Commerce, a UK-based biometric payment verification vendor, has recruited RBS WorldPay executive Tim Reynolds as chief technology officer as it looks to capitalise on its recently achieved payment institution status.

The move sees Reynolds rejoin WorldPay founder Nick Ogden, with whom he worked at the firm from 1998 to 2002 before its sale to RBS.

After selling WorldPay, Ogden set up Voice Commerce, which offers a voice-verified authentication system for mobile and Internet payments, in 2007.

In November it emerged that he has been in talks with private equity groups about buying back the WorldPay franchise from RBS, which is being forced to dispose of the asset as a consequence of state-backed bail out support.

The Voice Commerce business has also recently received authorisation from the FSA to establish as a Payment Institution under the European Payment Services Directive (PSD).

The firm says the appointment of Reynolds, who was head of global merchant services design at RBS WorldPay, marks the expansion of its payment and identification and verification services, as it "looks to capitalise on new opportunities in the payments industry".

Says Reynolds: "Voice Commerce is now in the unique position to take advantage of the prospects for Payments Institutions as a result of the PSD coming into force in November 2009 and I look forward to helping it reach the next level of growth and maturity in introducing new and innovative technologies to the market."

Comments: (0)

Comment on this story (membership required)
Log in to receive notifications when someone posts a comment

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board, sign up now.

Related blogs

Create a blog about this story (membership required)

Related stories

14 December, 2009
11 November, 2009
11 November, 2009
06 November, 2009
17 March, 2009
15 December, 2008
30 April, 2007

Related company news

Your browser is unable to support Flash files.

Top topics

Most viewed Most shared
UK sets out open banking API frameworkUK sets out open banking API framework
15646 views comments | 100 tweets | 89 linkedin
Deutsche Bank calls for co-operation with fintech firms on B2B servicesDeutsche Bank calls for co-operation with...
8596 views comments | 28 tweets | 30 linkedin
How to accelerate your fintech startupHow to accelerate your fintech startup
8131 views comments | 34 tweets | 9 linkedin
Is Paym a failure?Is Paym a failure?
6920 views 16 comments | 23 tweets | 16 linkedin
Visa issues API to offer consumer control over card transactionsVisa issues API to offer consumer control...
6364 views comments | 17 tweets | 28 linkedin

Featured job

to $120K base, double OTE, benefits
New York City, NY or Boston, MA (USA)

Find your next job