26 July 2016
Find out more

Voice Commerce recruits RBS WorldPay's Tim Reynolds as CTO

20 January 2010  |  9424 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)

Finextra news in your inbox

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

Related stories

Advent prepping £3 billion bid for RBS payment business - The Times

Advent prepping £3 billion bid for RBS payment business - The Times

14 December 2009  |  15379 views  |  2 comments
Voice Commerce wins Payment Institution license from the FSA

Voice Commerce wins Payment Institution license from the FSA

11 November 2009  |  9749 views  |  0 comments
US indicts eight over RBS WorldPay ATM heist

US indicts eight over RBS WorldPay ATM heist

11 November 2009  |  10796 views  |  0 comments
WorldPay founder moves to buy business back from RBS

WorldPay founder moves to buy business back from RBS

06 November 2009  |  13093 views  |  2 comments
Visa pulls Heartland and RBS WorldPay from PCI DSS compliance list

Visa pulls Heartland and RBS WorldPay from PCI DSS compliance list

17 March 2009  |  16112 views  |  5 comments
Voice Commerce launches biometric payments system for TV advertisers

Voice Commerce launches biometric payments system for TV advertisers

15 December 2008  |  8814 views  |  0 comments
WorldPay founder launches voice authentication system

WorldPay founder launches voice authentication system

30 April 2007  |  7348 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit www.abe-eba.euVisit VocaLink.comFind out more

Top topics

Most viewed Most shared
MasterCard agrees £700m VocaLink acquisitionMasterCard agrees £700m VocaLink acqu...
9174 views 14 comments | 32 tweets | 38 linkedin
satelliteContactless Bitcoin startup Plutus Tap &am...
9143 views comments | 9 tweets | 4 linkedin
Apps crush internet for UK banking loginsApps crush internet for UK banking logins
7648 views comments | 18 tweets | 25 linkedin
Thomson Reuters and Imperial College form fintech and regtech research partnershipThomson Reuters and Imperial College form...
5878 views comments | 29 tweets | 16 linkedin
hands typing furiouslyHow machine learning can cut costs on tran...
5859 views 0 | 9 tweets | 2 linkedin

Featured job


Brussels (Belgium) or Paris (France)

Find your next job