Vocalink, a Mastercard company and global payment partner to banks, corporates and governments, today announced that Stig Korsgaard has joined the organisation as Vice President, European Sales. Based in Denmark, Stig’s appointment will further drive the growth of Vocalink’s range of products with a focus on the development of real-time payments infrastructure and applications throughout Europe.
Stig brings a wealth of financial services experience to Vocalink – having worked for twenty five years in Clearing Services, real-time payments, market infrastructures, payment business development and electronic data exchange. Stig joins from Nets in Denmark where, as part of the senior management team, he was Chief Sales Officer and Head of the Business Expansion and International Sales Department in Clearing Services at Nets A/S responsible for business development and international sales related to instant and other clearing platform solutions to global customers including partner strategy and communications.
In his new role Stig is appointed to the International Sales team reporting into Kris Kubiena, International Sales Director, with immediate effect. Stig’s focus will be on maximising opportunities in Europe, as well as providing his invaluable knowledge and experience to support the business’ global efforts.
Paul Stoddart, CEO, Vocalink, a Mastercard company commented: “Stig joins us at an exciting time for the business as we continue to build our real-time payments business globally. Following recent successes and award-winning international projects, he will work closely with the Mastercard global and regional teams to further evolve the real-time payments eco-system in Europe. Stig is a very welcome addition to our International Sales team as he brings invaluable expertise in payments and clearing system development, combined with strong leadership, sales and project management skills.”
Stig Korsgaard added: “Vocalink has a deserved reputation as a global leader in real-time payments systems, and I am delighted to be on board and part of the great team that will take Mastercard real-time payments to the next level.”
A Mastercard company, Vocalink designs, builds and operates industry-leading bank account-based payment systems. Our technologies power the UK’s real-time payments, settlements and direct debit systems, as well as the UK’s network of over 70,000 ATMs. In 2016, we processed over 90 percent of salaries, more than 70 percent of household bills and almost all state benefits in the UK. In addition, our proven real-time bank account-based payment solutions provide more payment choice to customers in Singapore, Thailand and the United States. For payment news and insight from Vocalink visit CONNECT.
