Intelligent Fin.tech Issue 20 | Page 60

JEFF PARKER , CEO OF PAYMENTOLOGY

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JEFF PARKER , CEO OF PAYMENTOLOGY
Jeff Parker , CEO of Paymentology , discusses the pivotal moments that have shaped his FinTech career , strategies for navigating global markets and insights on leveraging technology to stay ahead in the competitive payments industry . Parker shares his vision for future growth and offers advice for aspiring FinTech professionals .

cCould you share some pivotal moments or experiences that have shaped your career path in the FinTech industry ?

My career in the FinTech industry has enabled me to be involved in many different areas of the payments value chain as well as operate in multiple different geographies . One of the most pivotal moments was my first role in FinTech with OFX back in 2013 which was my first role in FinTech . Prior to that , I cut my teeth in corporate finance . At OFX , I learnt here that everyone is a ‘ doer ’ – there is no room for managers who just manage . With this in mind , I learned the importance of building a good team , setting a clear strategy and executing at speed to get products in front of customers as soon as possible .
Since then , I joined World First , allowing me to gain first-hand experience in leading a global payments organisation which helped me to understand the complexities involved in expanding into diverse regions with unique regulatory environments and cultural landscapes . Learning to adapt my approach and to localise operations in these different environments became even more important after World First was acquired by Ant Group .
More recently I was managing director at Marqeta , where I spearheaded expansion efforts in Europe and APAC .
This experience equipped me with a thorough understanding of both the issuer processing industry and key aspects of launching and running card programmes .
Operating on a global scale with clients and teams across 650 + countries is impressive . How do you navigate the challenges of maintaining consistent quality across diverse international markets ?
Paymentology operates a remote-first working policy , so our team members are well-versed in virtual communication , bringing down barriers between our regional teams . Whether based near our London HQ or one of our global hubs , Paymentologists the world over work together to guarantee a consistent high quality of implementation , no matter the region .
Furthermore , our cloud-based infrastructure is designed to adapt to a wide range of markets , meaning that our fast , data-rich payments platform boasts the same capabilities no matter the geography . Our regional teams , based in hubs throughout Asia , the Middle East , Africa , Europe and LATAM , adapt Paymentology ’ s market-leading payments technology to local requirements , integrating with local switches and other specialised infrastructure , empowering partners to launch truly innovative products .
How do you leverage technology and data insights to continuously enhance and tailor your solutions to meet the evolving needs of your clients ?
Issuer-processors like Paymentology operate at a data-rich stage of the payments chain with access to an extremely extensive range of information concerning transactions . We expertly leverage this position to provide real data insights via our FAST API , enabling partners to design and deploy better solutions and products .
Paymentology also employs a keen focus on data to continuously adapt our fraud prevention infrastructure . We know that bad actors are creative , constantly devising new methods to exploit global payments networks and so Paymentology utilises data to stay one step ahead and provide a secure platform from which we can deliver innovative payment services .
Time-to-market is critical in FinTech . Could you share some strategies that have enabled Paymentology to achieve unbeatable speed in launching new solutions and how do they contribute to your competitive advantage ?
One of the key enablers of Paymentology ’ s fast time-to-market is that our infrastructure is cloud-native . This technical advantage means that
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