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Paymentology appoints Stephen Bowe as Chief Product Officer

Thu, 4th Jul 2024

Paymentology has announced the appointment of Stephen Bowe as Chief Product Officer. Bowe, who has over 15 years of experience in banking and payments, joins the company's leadership team to drive further innovation in their payment products. His previous roles include Director of Digital Experience & Innovation at Nationwide Building Society, as well as positions with NAB, Bank of New Zealand, and WorldFirst.

Bowe's responsibilities at Paymentology will include expanding the company's next-generation payments infrastructure with a specific focus on seamless API integrations designed to simplify complex payment solutions. His leadership will emphasise customer-driven innovation, aiming to make it easier to launch and manage card programmes globally. His appointment also seeks to strengthen the connection between Paymentology's programme management, product, and technology teams, ensuring customer feedback remains central to the company's long-term strategy.

Bowe has a varied international experience, having worked with clients and organisations in Australia, New Zealand, Asia, and Europe. Beginning his career with Accenture, he later moved into the telecommunications industry, working for firms such as BT, Vodafone, and Cable & Wireless. He played a significant role in the launch of UBank, a digital bank initiated by NAB in 2008, which by 2013 had received five industry awards.

At the Bank of New Zealand, Bowe led the technology and digital experiences teams. He also held the position of Chief Product Officer at WorldFirst, where he was responsible for developing a sophisticated cross-border payments platform. Most recently, at Nationwide Building Society, he served as Director of Digital Experience and Innovation.

Bowe will be tasked with leveraging his client-side experience to enhance user experience at Paymentology. His role will be key in the company's ongoing transformation to become a more global and scalable SaaS business.

Jeff Parker, CEO at Paymentology, commented on the new appointment: "At Paymentology, we are embarking on a transformative phase in our growth journey. To continue enhancing our next-generation payments platform across the globe, having exceptional talent in strategic positions is crucial. Stephen's track record of building outstanding financial products is clear, and his experience will be instrumental in guiding us as we strive to reach new milestones."

Regarding his new role, Stephen Bowe said: "Paymentology's global presence and focus on simplifying card programme management align perfectly with my experience. I am excited to join the team and utilise our collective knowledge and expertise to further add to Paymentology's leading payments processing and issuing product stack, enhancing the tools available to banks, fintechs, and other businesses to drive their growth, differentiation, and innovation."

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