Open Banking Pioneer Volt Appoints SVP of Compliance

  • Open Banking
  • 27.09.2022 01:35 pm

Volt, the leading open payments gateway which enables account-to-account payments for merchants, PSPs and consumers in the UK, Europe and Brazil, has welcomed Asta Ivanauskaite to the team as its SVP of Compliance. Asta brings a wealth of experience in compliance and risk management, as well as global scale-up experience.

Asta joins Volt after three years at Checkout.com, where in her most recent role as Regional Director of Compliance, Europe, she oversaw the company’s compliance and risk management structure at a time of significant change and fast-paced growth in the region. Previously, Asta was a Compliance Officer with Amsterdam-headquartered financial technology platform Adyen, where she acquired wide-ranging expertise in rules and regulations applicable to the payments processing industry.  Her experience with high-growth scale-up businesses in the global payments industry is yet another example of top talent moving into the open banking and open payments sphere which is enjoying exponential growth worldwide. At Volt, Asta will build and develop Volt’s compliance function, which she describes as a “truly exciting prospect and a welcome evolution in role, scope and capability”.

Asta Ivanauskaite: “The regulatory landscape in payments and open banking is ever-changing. Merchants and PSPs are facing significant challenges around scaling processes and services in complex and diverse jurisdictions, and mitigating risk, whilst remaining customer-friendly. I am excited to venture into the world of open banking, building on my previous experience in payments regulation, global expansion and risk. It’s exciting to become part of such an experienced team, which shares the vision of enabling freedom of payments worldwide”.

Tom Greenwood, Founder and Chief Executive Officer of Volt, said: “We are delighted to welcome Asta to the team, a compliance leader who joins us from Checkout.com and whose past experience includes Adyen. We pride ourselves on Volt’s ability to attract and nurture some of the best minds of the industry, as we build our vision for real-time payments everywhere.”

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