Yates joins Quant board of directors 28 October 2024UK Reporter: Jack McRae
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David Yates has joined Quant’s board of directors to help continue to assist the digital finance firm in supporting large institutions in the digitisation of assets.
Yates has over three decades of experience in the industry and spent five years as CEO and chairman of Vocalink, a UK payment infrastructure. In this role he negotiated Vocalink’s sale to Mastercard before serving as president of Mastercard’s New Payment Platforms.
He has served on the boards of WorldPay, Concardis, Equiniti, NIUM and eNett and was president at Western Union and First Data.
Yates comments: “By integrating programmability into payments, we can bring greater efficiency, transparency, and innovation to banks and their customers alike. However, the industry’s infrastructure needs bold transformation to support these advances. I’m excited to work with Quant, a company that has proven it knows how to deliver true digital finance.”
Gilbert Verdian, founder and CEO of Quant, adds: “We’re committed to helping financial institutions transition to digital finance and, in so doing, unlocking liquidity and revolutionising the way money and assets are moved, managed, and understood.”
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