Zapp, which is jointly owned by all the high-street banks and is charged with building a new mobile payments platform for the UK, has hired Barclays mobile guru Ian Sayers as its new chief technology officer.
Sayers headed up the development of the bank’s popular mobile money payment apps PingIt and BuyIt, and is set to join Zapp from October 2013.
Zapp aims to put in place real-time payments on millions of people’s mobile phones making it easier to pay for goods and services. It hopes to bypass other wallet applications by providing an alternative that doesn’t rely on inputting card details, but is already integrated with the major banks’ systems, allowing it to be built into banking apps already available in the market.
It is set to hit the market in 2014.
Sayers will replace Tom Hay as CTO, who recently spoke about Zapp signing a deal with Oracle to use its systems for the development of the platform. Hays is staying on at the company and work closely with Sayers, according to a Zapp spokesperson.
Zapp has also announced two other hires. Peter Keenan, who previously has held senior roles at Currys/Dixons and HSBC, has been appointed with immediate effect as CEO.
Justin Basini has also been appointed with immediate effect as chief marketing & product officer, who has spent the last three years building an internet start up in consumer data. Prior to this he was CMO of Capital One.
“I am delighted to be able to announce the leadership of Peter, Justin and Ian. Peter combines a 15-year retail career with first hand retail banking experience which I believe will be very potent in the success of Zapp,” said founder and chairman of Zapp David Yates.
“Justin brings deep marketing and product knowledge and recent experience of startups. Ian has a wealth of experience of challenging the status quo, building new mobile and web technologies and delivering bank scale implementations.”
He added: “The opportunity to create a new payments eco-system comes along once in a generation. The team we have assembled has all the right experience and expertise to win in the market and deliver Zapp to millions of UK consumers, the financial institutions they trust and the retailers they spend money with.”