David Abbott

David Abbott Email and Phone Number

VP Cards, Payments and Strategic Accounts - Tuum @ Tuum
Chelmsford, GB
David Abbott's Location
Chelmsford, England, United Kingdom, United Kingdom
About David Abbott

A dynamic senior leader with a passion for people and a commitment to results. Over 30 years experience in Cards, Payments, Fintech, eCommerce, DCC and Third Party Processing (SaaS). Creating successful outcomes in challenging situations and culturally diverse environments. Proven expertise in Digital payments, Cards Issuing/Acquiring with a deep understanding of payments and banking value propositions. Always ready to embrace the potential viability of new and emerging business models.Using the "Future, Engage, Deliver" framework, allied to the use of the 'Pragmatic Marketing' product delivery methodology, I have supported and led businesses through significant crisis when markets were witnessing stasis or de-growth. This approach, coupled with my pursuit of continuous improvement and innovation has resulted in value creation for both my customers and my employer. I have considerable expertise in both direct, and relationship sales execution, as well as a passion for problem solving via innovation. I have a proven ability to to win business quickly, and then retain and grow that business over multiple year, selling multiple complimentary product lines..Specialties:Sales and relationship team leadershipStrategy planning, problem identification and problem solving via innovationCards & Payments (Credit, Debit, Pre-paid & Commercial) Merchant Cash Advance, Dynamic Currency Conversion/Fx management, Remittance and Education payments, Digital banking, OEM and White Label Wallets, , Ecommerce, product development & management, portfolio management, marketing, start-up projects, business re-engineering, integration / migration & loyalty. I have worked with organisations from start up's, to payment industry giants. I have founded UK companies for American parents, and spend time working in the M&A space with BCG, Goldman, GAP and First Data. i have a deep knowledge of the fundamentals of the cards and bank payment processing industry and remain insatiably curious about what comes next.

David Abbott's Current Company Details
Tuum

Tuum

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VP Cards, Payments and Strategic Accounts - Tuum
Chelmsford, GB
David Abbott Work Experience Details
  • Tuum
    Vp Cards, Payments And Strategic Accounts - Tuum
    Tuum
    Chelmsford, Gb
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  • Tuum
    Vp Cards, Payments And Strategic Accounts - Tuum
    Tuum Oct 2024 - Present
    London Area, United Kingdom
    • Spearheaded Tuum's strategy to expand payments offering and strengthen relationships with key strategic accounts globally.• Led payments innovation in diverse markets, focusing on driving growth and developing cutting-edge solutions.• Instrumental in launching next-generation payments platforms and growing business units to meet evolving digital banking needs.
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  • Fis
    Senior Sales Manager, Cards
    Fis Jun 2021 - Oct 2024
    London, England, United Kingdom
    By collaborating and partnering with forward-thinking organisations FIS can lower operational costs, drive consumer engagement and reduce fraud. Generating positive revenue impact and reducing reconciliation time-frames, FIS are leading the way for innovation with Cards & Payments.I am delighted to join the European sales team as we bring established and new functionality to card issuers across the European market.
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  • Network International
    General Manager Issuing And Acquirer Processing
    Network International Feb 2018 - Apr 2021
    Dubai Uae
    >Manage the Middle East Sales and Relationship Management teams to grow our Middle East card issuing and acquirer processing business. >Ensure my prospects and clients benefit from a secure, reliable and feature rich range of core services, enhanced with an ever expanding range of value added products>Focus on core processing, digital banking, OEMwallets, and real-time data streaming. >Achieve solid sales success, improve service and product functionality.>Meet… Show more >Manage the Middle East Sales and Relationship Management teams to grow our Middle East card issuing and acquirer processing business. >Ensure my prospects and clients benefit from a secure, reliable and feature rich range of core services, enhanced with an ever expanding range of value added products>Focus on core processing, digital banking, OEMwallets, and real-time data streaming. >Achieve solid sales success, improve service and product functionality.>Meet and Exceed annual targets for the last three calendar years. Show less
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  • Nourpay Isp Owned Payment Service Provider And Aggregator
    Ceo
    Nourpay Isp Owned Payment Service Provider And Aggregator Feb 2017 - Feb 2018
    Saudi Arabia
    One year consultancy focusing on eCommerce delivery for Nournet, an ISP based in Riyadh and across the MIddle East as part of Nour Communications Group. offering: Hosting, Telecomms and IOTsupport. Services evaluated included >B2B/B2G Marketplace provision>B2B/B2G Payment processing>eCommerce Processing (including global cards acquiring, ACH, SADAD, V/MC, PCI etc)>MCP and DCC for ATM, eCommerce and POSContactless and Biometric prepaid cards
  • Paycommerce
    Vp Sales, Emea
    Paycommerce Jun 2016 - Feb 2017
    London, United Kingdom
    Heading sales and business development in the EMEA for Paycommerce.PayCommerce is a leading, open cross-border payments network that enables both payments and acceptance transactions for its members: banks; financial institutions; corporates and alternate channel providers--all through a single point of connectivity.
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  • Fiserv
    Payments Lead Emea
    Fiserv Jan 2014 - May 2016
    London
    Developing Fiserv's International Payment Processing Business and Relationships in the EMEA region. Worked closely with the US card processing team running Paysys platform for 1500 card issuing banks. Negotiated and closed Card issuing agreement with TSYS for card issuing platform for Agiliti (TM) platform. Worked with colleagues, the Faster Payments management team and the Payment Service Regulators Joint Working Group, developing the Fiserv Faster Payments Strategy. This resulted in the… Show more Developing Fiserv's International Payment Processing Business and Relationships in the EMEA region. Worked closely with the US card processing team running Paysys platform for 1500 card issuing banks. Negotiated and closed Card issuing agreement with TSYS for card issuing platform for Agiliti (TM) platform. Worked with colleagues, the Faster Payments management team and the Payment Service Regulators Joint Working Group, developing the Fiserv Faster Payments Strategy. This resulted in the eventual acquisition of Dovetail by Fiserv. Show less
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  • Highstrand Ltd
    Ceo Highstrand Ltd - Payments And Financial Services Consultancy.
    Highstrand Ltd Dec 2011 - Jan 2014
    Chelmsford
    Payments Consultancy supporting US Based businesses develop in the UK and EMEA including the complete start up and launch of Business Financial Services UK Ltd, trading as www.boostcapital.co.ukThis was a full start up, including company formation, selection of legal council, sourcing of offices, telecoms, IT services and infrastructure, staff recruitment and liaison with US parent and board at all stages of business development. Sourced key payment channels and partners and grew… Show more Payments Consultancy supporting US Based businesses develop in the UK and EMEA including the complete start up and launch of Business Financial Services UK Ltd, trading as www.boostcapital.co.ukThis was a full start up, including company formation, selection of legal council, sourcing of offices, telecoms, IT services and infrastructure, staff recruitment and liaison with US parent and board at all stages of business development. Sourced key payment channels and partners and grew business for first 18 months of operation, recruiting Merchant clients across the UK for Business Financial Services. Handed over to an asset finance professional on successful attainment of all targets.Consultant - continued to support Planet Payment. creating new DCC markets in CEMEA and LACC for Planet Payment by working closely with appropriate channel partners, regulators, central banks and legal council. Show less
  • Planet Payment
    Sales And Business Development Consultancy Cemea For Planet Payment
    Planet Payment Jan 2009 - Jan 2011
    I was retained by Planet Payment to analyse their product and develop a go-to-market strategy for their DCC, and MCP solutions in CEMEA. A Market that did not allow DCC at that time. I developed and executed the plan, working with Large T&E merchants, Large acquirer processors and TPP's including Barclays, ABSA and Network International. Overcame numerous obstacles from Visa by employing excellent networking, negotiation and contract execution skills. The project launched in October 2011… Show more I was retained by Planet Payment to analyse their product and develop a go-to-market strategy for their DCC, and MCP solutions in CEMEA. A Market that did not allow DCC at that time. I developed and executed the plan, working with Large T&E merchants, Large acquirer processors and TPP's including Barclays, ABSA and Network International. Overcame numerous obstacles from Visa by employing excellent networking, negotiation and contract execution skills. The project launched in October 2011 responding to Acquirer and Central bank demand. Planet Payment is now the leading DCC supplier in the CEMEA region with Network International being one of their leading clients and partners. Show less
  • Securetrading Group Ltd
    Ceo
    Securetrading Group Ltd 2002 - 2009
    Bromley/Bangor
    SecureTrading LtdAs CEO of this rapidly expanding payment gateway in the early days of the internet I grew sales and volume turnover by signing and integrating a number of global internet gambling and retail merchant. During my tenure Securetrading experienced dramatic growth whilst managing client risk and adopting the emerging PCI and 3DS standards. To date, Secure trading remains one of the UK's most successful independent Payment Service Providers. Following the introduction of… Show more SecureTrading LtdAs CEO of this rapidly expanding payment gateway in the early days of the internet I grew sales and volume turnover by signing and integrating a number of global internet gambling and retail merchant. During my tenure Securetrading experienced dramatic growth whilst managing client risk and adopting the emerging PCI and 3DS standards. To date, Secure trading remains one of the UK's most successful independent Payment Service Providers. Following the introduction of the UIGEA act in the USA I returned to mainstream payments. Show less
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  • First Data Corporation
    Senior Manager Eone Global And Director First Data Corporation
    First Data Corporation 1999 - 2003
    London/Eu Wide
    I worked in the Mergers and Acquisition field with eOne Global - a First Data company, as the lead EU based First Data Representative. eOne Global was formed in alliance with Boston Consulting Group, General Alliance Partners, and Goldman Sachs. A number of mutual projects were undertaken by First Data, Goldman and BCG team members across the EU with all parties contributing either Payments, Business Analysis, or Finance expertise.
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  • First Data Corporation
    Senior Client Relationship Manager (Hsbc Account)
    First Data Corporation 1996 - 1999
    Basildon
    Returning from Saudi Arabia I re-joined First Data and took over the management of First Data's Largest client - HSBC. Here I managed all aspects of the relationship between FDC and HSBC UK - our largest global Issuer/Acquirer client. with a team of 10 direct client support staff, and approximately 1000 FDC employees directly or indirectly supported HSBC's business and operations in the UK . I was responsible for coordinating product sales for both Issuing and Acquiring risk reduction and… Show more Returning from Saudi Arabia I re-joined First Data and took over the management of First Data's Largest client - HSBC. Here I managed all aspects of the relationship between FDC and HSBC UK - our largest global Issuer/Acquirer client. with a team of 10 direct client support staff, and approximately 1000 FDC employees directly or indirectly supported HSBC's business and operations in the UK . I was responsible for coordinating product sales for both Issuing and Acquiring risk reduction and revenue generating, card related, products and services. This entailed relationship management with FICO, HNC and a range of other card related risk and revenue generating service providers. Show less
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  • Riyad Bank
    Head Of Cards - Riyad Bank
    Riyad Bank Apr 1994 - Mar 1996
    Riyadh Saudi Arabia
    Having led First Data's technical sales efforts to secure the Riyad Bank processing agreement, I accepted the role of Head of Cards to manage the transition from a PC based processing system to the delivered First Data's first Non US/UK Credit and Debit card management system. This necessitated a number of innovations to enable smooth operations in an Arabic speaking country. The project was delivered on schedule and on budget within 6 months of start. In addition to Issuing and Acquiring… Show more Having led First Data's technical sales efforts to secure the Riyad Bank processing agreement, I accepted the role of Head of Cards to manage the transition from a PC based processing system to the delivered First Data's first Non US/UK Credit and Debit card management system. This necessitated a number of innovations to enable smooth operations in an Arabic speaking country. The project was delivered on schedule and on budget within 6 months of start. In addition to Issuing and Acquiring integrations I also oversaw the first FICO/Triad and HNC Falcon deliveries into the GCC Market. I re-joined First Data at the end of this 2 year contract and handed over to a Saudi Replacement. I retain very strong ties to a number of Senior level contacts within Saudi Arabia and have worked on a number of projects, including DCC that necessitated meetings with banking and central bank contacts. Show less
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  • First Data Corporation
    Sales And Business Development Director
    First Data Corporation Apr 1988 - Mar 1994
    Brighton And Basildion
    i Joined First Data as a Relationship Manager - and grew with First Data through the acquisition of JCCC/Signet in 1991. Moving to Basildon I moved into the Product development and management function, heading the Risk products and Data mining team for a number of years. I provided support through the EMV project where First Data was the first processor to deliver this standard in the UK. My final role during this employment was heading the technical support provided to prospective clients -… Show more i Joined First Data as a Relationship Manager - and grew with First Data through the acquisition of JCCC/Signet in 1991. Moving to Basildon I moved into the Product development and management function, heading the Risk products and Data mining team for a number of years. I provided support through the EMV project where First Data was the first processor to deliver this standard in the UK. My final role during this employment was heading the technical support provided to prospective clients - ensuring that both client requirements and First Data's card processing and support products were well represented and scoped for any future conversion. This role necessitated my exposure to a wide range of card processing and related products and projects Show less
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David Abbott Education Details

Frequently Asked Questions about David Abbott

What company does David Abbott work for?

David Abbott works for Tuum

What is David Abbott's role at the current company?

David Abbott's current role is VP Cards, Payments and Strategic Accounts - Tuum.

What schools did David Abbott attend?

David Abbott attended First Data University, Pragmatic Marketing Practitioner, Royal Corps Of Signals, The Open University, The Open University, The Open University.

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