Pay.UK has appointed David Morris to the newly created role of chief technology officer (CTO).
The operator of the UK’s national retail payment systems, including Faster Payments, Bacs and Direct Debit, said that Morris will be responsible for “critical technology projects” that underpin the organisation’s long-term strategy.
This will include supporting the delivery of the New Payments Architecture, a new payments platform that will replace the UK’s existing national infrastructure in the next few years.
“I am delighted to welcome David to our exceptional team. Pay.UK processes some 1500 transactions every second, worth over £7.9 trillion a year, enabling the salary, benefits, mortgage and business payments that underpin the British economy,” said David Pitt, chief executive, Pay.UK. “We are at a crucial time in our evolution as a business and David’s sector and transformation knowledge, alongside his extensive IT and technology delivery experience, will be invaluable for us as we focus on delivering on our strategy, for the benefit of consumers and businesses across the UK.”
Morris joined Pay.UK earlier this month and is reporting to the chief exec.
He has over 20 years’ experience in digital within the financial services and payments sectors, most recently as CTO for payments at Network International in Dubai, and formerly as the UK and mainland Europe chief information officer of Fleetcor and executive director for digital services at Visa Europe.
“I’m passionate about payments,” said David Morris, Pay.UK CTO. “ Pay.UK plays a fundamental role in the day-to-day lives of millions of people in the UK and it’s great to be joining at such a pivotal moment. I’m excited about working with the wider organisation to boost innovation and help Pay.UK on its mission to be the smartest way to move money, now and in the future.”
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