VocaLink appoints Don Chow to lead business development in Asia Pacific

Source: VocaLink

VocaLink, the global payment partner to banks, corporates and governments, today announced that Don Chow has joined the firm as Senior Vice President, Asia Pacific. Based in Singapore,

Don will be responsible for business development throughout Asia Pacific, working across the full range of VocaLink products.

Don has spent nearly two decades working in the global payments sector in Asia Pacific, driving business development and sales. Don joins from NTT Data, where he was Partner in Global Payment Consulting. Prior to that, Don was Vice President of North Asia at ACI Worldwide, leading cross-functional global teams through the planning and execution of business strategies.

Kris Kubiena, International Sales Director at VocaLink, commented, “Don has joined VocaLink at a very exciting time for the business, particularly in the Asian market, where we have agreed to deliver proxy payment services in Singapore and we continue our ongoing implementation in Thailand, supporting the PromptPay programme.

“Since our landmark Immediate Payments Solution (IPS) project in Singapore, we have launched exciting new overlay services linked to Immediate Payments. These include, PayPort, our suite of access solutions that provide banks and corporates with gateway connectivity to the Immediate Payments infrastructure and Accura, our insights business that leverages transactional data to solve issues for businesses, policymakers and the consumer. Don’s regional experience and expertise will be invaluable in introducing these solutions to the Asia Pacific region as we continue our international expansion.”

Since launching Singapore’s FAST project in March 2014, VocaLink has empowered customers of the 14 participating banks to make instant and secure interbank transfers via online and mobile channels, progressing from the standard three working days.

Don Chow added, “VocaLink has transformed Singapore’s payments infrastructure and I’m very much looking forward to working with the team to roll-out further projects in the wider Asia Pacific market, starting with Thailand later this year. Our focus is to continue to respond to industry demand for faster payments in more countries, which in turn supports our broader objective to be the leading real-time payment infrastructure provider globally.”

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