VocaLink, the international payment specialists, today announces that Marc Terry has been appointed as Managing Director of the Transaction Services Division.
Marc reports into Chief Executive Officer Marion King and is responsible for the strategic leadership and development of the company's Transaction Services business and is in charge of managing the company's core contracts for Bacs, Faster Payments and the UK Government.
Marc has over 20 years' experience in both the Cards and Payments Industry holding positions in sales, marketing and business development. Prior to joining VocaLink Marc spent 17 years working at international payment systems provider, ACI Worldwide, encompassing responsibility for both EMEA and the Americas. More recently Marc was Managing Director of EMEA for Clear2Pay, leading the company through growth and securing contracts with organisations such as Standard Bank SA, PBS, Santander and CEDICAM in France.
Commenting on the appointment, Marion King, Chief Executive Officer at VocaLink, said: "We are extremely pleased to appoint Marc Terry. The Transactions Services division has seen rapid growth over the past year and the appointment of Marc will further support this, driving forward our strategic plans in the UK, mainland Europe and internationally."
Marc Terry, Managing Director of Transaction Services at VocaLink, said: "I am delighted to take on this role within VocaLink, especially at a time when the industry is experiencing rapid change and exciting innovation. Cheque replacement challenges and mobile advancement means that banks are looking for solutions to meet new market demands. I am looking forward to working with global banks to help tackle these challenges in 2011 and beyond."