Mastercard today announced the appointment of Paul Stoddart as president, New Payment Platforms, effective March 1, 2019. Stoddart succeeds David Yates, who will transition into a senior advisory role focused on real-time national and cross-border payments strategies.
In this role, Stoddart will oversee the development and strategic integration of Mastercard’s real-time payments capabilities beyond traditional card-based solutions. Among these solutions are our Vocalink account-based payments, the Homesend joint venture and Mastercard Send.