22 October 2017

Monitise names Visa veteran Elizabeth Buse co-CEO

04 June 2014  |  7572 views  |  1 Elisabeth Buse, Monitise

Monitise has brought in former Visa executive Elizabeth Buse to act as co-CEO, looking after day-to-day operations at the mobile money firm while founder Alastair Lukies focuses on managing outside relationships.

Buse will oversee technology, product, sales and marketing while Lukies focuses on relationships with partners and industry stakeholders, corporate development and major shareholders. She has been given five million share options on joining the company.

Buse quit her role running international operations at Visa in March after a 16-year career at the card giant during which she also held positions as global head of product and EVP of emerging markets and technologies.

As well as becoming co-CEO, she is also returning to the Monitise board, which she was a member of between 2010 and 2012 after Visa made an investment in the UK firm.

Says Buse: "Monitise occupies a unique position in the global Mobile Money ecosystem as one of the few technology enablers with proven bank-grade solutions across banking, payments and commerce. I am enormously impressed by the Group's quality of products and services, the technology and, most of all, the people"

Bringing in Buse is designed to help Monitise in its efforts to overhaulits business model, as outlined earlier this year. The firm is ditching big upfront license fees in favour of a subscription-based system designed to cut costs for banks and boost its own long-term annuities. This, it is hoped, will help it rapidly build its base of registered users from around 28 million to 200 million over the next four years.

Meanwhile, Monitise has also added Amanda Burton, global COO at Clifford Chance, and Paulette Garafalo, president of Brooks Brothers international, wholesale and manufacturing as non-executive directors.
KeywordsPEOPLE

Comments: (1)

A Finextra member
A Finextra member | 11 June, 2014, 04:04

Elizabeth is truly a remarkable lady. She is an absolute talent in the world of digital payments, well respected across the globe; for her vision, passion, commitment and most importantly her deep desire to ensure success is measured across each and everyone in the company. Monitise will be a force to be reckon with ..... soon.

Be the first to give this comment the thumbs up 0 thumb ups! (Log in to thumb up)
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

MasterCard joins £109m Monitise share-placing

MasterCard joins £109m Monitise share-placing

25 March 2014  |  7887 views  |  0 comments | 5 tweets | 10 linkedin
Monitise revenues soar but losses widen

Monitise revenues soar but losses widen

05 September 2013  |  7383 views  |  0 comments | 1 tweets
Visa shuffles digital payments management team

Visa shuffles digital payments management team

02 September 2013  |  7275 views  |  0 comments | 5 tweets
Monitise revenues soar as profitability lags

Monitise revenues soar as profitability lags

23 July 2013  |  5458 views  |  1 comments | 4 tweets | 3 linkedin
Monitise launches white label mPOS system

Monitise launches white label mPOS system

14 May 2013  |  10251 views  |  0 comments | 20 tweets | 13 linkedin
Monitise confirms placing, acquisitions and delay to break even

Monitise confirms placing, acquisitions and delay to break even

04 December 2012  |  7257 views  |  0 comments | 2 tweets
Monitise FY losses widen despite revenues doubling

Monitise FY losses widen despite revenues doubling

04 September 2012  |  5576 views  |  0 comments
Visa Europe takes stake in Mobile Money Network

Visa Europe takes stake in Mobile Money Network

07 March 2012  |  9040 views  |  0 comments
Monitise considers Nasdaq listing - FT

Monitise considers Nasdaq listing - FT

14 February 2012  |  5281 views  |  0 comments
Visa Europe invests £24.7m in Monitise

Visa Europe invests £24.7m in Monitise

31 October 2011  |  12171 views  |  0 comments
Monitise to raise £32m; extends Visa deal

Monitise to raise £32m; extends Visa deal

13 July 2010  |  10982 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.niceactimize.comRegister nowvisit www.vasco.com

Top topics

Most viewed Most shared
Mastercard to roll out blockchain APIMastercard to roll out blockchain API
14436 views comments | 17 tweets | 28 linkedin
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
13014 views comments | 22 tweets | 28 linkedin
satelliteGates Foundation backs Ripple collaboratio...
9775 views comments | 13 tweets | 10 linkedin
Sibos 2017: API or the highwaySibos 2017: API or the highway
9642 views comments | 12 tweets | 23 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
8782 views comments | 9 tweets | 18 linkedin

Featured job

Competitive base, double ote, benefits
London, UK

Find your next job