Mastercard’s SVP of open banking Jim Wadsworth departs
Jim Wadsworth is stepping down from his role as senior vice president of open banking at payments giant Mastercard after more than five years, with Bart Willaert set to lead the firm’s international open banking team.
Jim Wadsworth leaves Mastercard
Wadsworth joined Mastercard in 2017 following its acquisition of Vocalink, where he had served as the company’s UK product director.
At Vocalink, which builds and processes bank account-based payment systems, he helped establish a new group to develop anti-financial crime solutions.
For the last five years, Wadsworth has led Mastercard’s open banking ambitions, helping to kickstart the company’s journey into what he calls a “key arena” with the acquisitions of Finicity in the US and Aiia in Europe.
With a career spanning more than 25 years, Wadsworth has held several senior roles within banks and financial services firms including Barclaycard, JP Morgan, Simpay and NatWest Group.
“Including the time at Vocalink prior to its acquisition, that is almost 10.5 years, the longest I have stayed in one organisation,” Wadsworth writes in a LinkedIn post, adding that under Willaert’s leadership, “I am confident the international team will go from strength to strength”.
A Mastercard veteran, Willaert has been at the company for the last 14 years, and in December, he was appointed to the role of executive vice president of open banking, international markets.
