The Future of Payments with Frank Young, President of VMSS at Global Payments - Publication Date |
- Jun 22, 2020
- Episode Duration |
- 00:35:38
In our latest podcast, Peter Jankovsky (WG'20) is joined by Frank Young, President of Vertical Market Software Solutions at Global Payments, a leading worldwide provider of payment technology services. In this role, Frank is responsible for guiding and directing the firm’s efforts to leverage software and services to deliver the next generation of digital commerce solutions on a global basis. He leads the company’s efforts in achieving business results through software-led solutions in all of our markets around the world.
In this extensive interview, Frank shares:
- Major themes in the payments industry observed over his ~30 year career, including the evolution of e-commerce and the staying power of the major networks
- His view of how COVID-19 is impacting the payments industry
- The opportunity that he sees for embedded fintech, and how this represents a natural evolution from "knuckle-busters," electronic terminals, and integrated payments
- His views on Big Tech's ambitions in financial services and how those will evolve going forward
- Career advice for those beginning their career in FinTech
Prior to joining Global Payments, Frank served as the Global Lead of Payments Partnerships at Google, managing a team of professionals developing and delivering innovations to support Google’s in-store
and online commerce goals. Previously, Mr. Young served as Senior Director of Business Development for Qualcomm, a worldwide leader in telecommunications products and services, where his responsibilities were to manage the development of mobile payments and commerce initiatives. Prior to that, Frank held senior roles at Mastercard and Accenture. He began his career with Chase Manhattan Bank.
Franks holds an MBA from The Wharton School, University of Pennsylvania, where he was honored with the Dean's Award for Excellence, and graduated with a Bachelor of Arts degree in economics from Rutgers University.