Fintech
Tom Jennings | FinTech Magazine
Tom Jennings has had a distinguished career in card issuing, rising to Head of Issuing at Banking Circle Group.
Leading issuance for the broader group, the dilemma for Jennings when he joined was whether to buy or build an issuance facility. He says: “The question was, do we build an issuance proposition on top of the bank or do we go and buy an existing one and add the bank’s capabilities to that?
“We went the acquisition route for speed to market and B4B was the perfect acquisition target. I always planned to move roles and once the core terms were signed I started working with Paul. [Swinton] to develop the strategy.
“Even before the deal was closed, even though I wasn’t CEO at the time, we were already working together to kick-start the integration of both entities.”
Currently CEO (EU & UK), Jennings leads “both the short-term and long-term strategic vision, ensuring the company is headed in the right direction.”
He adds: “It’s about making sure you have the right people around you to push this process forward. The key part is managing and leading a capable team and giving them the tools to make decisions.
“We are a regulated company, so you can imagine the primary responsibility is to ensure compliance, but at the same time we are a fast-growing fintech. So it’s about ensuring that the company is compliant and at the same time ensuring that we continue to grow at the rate that we have been growing.”
Read the full story HERE.
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