Anderson, Lambert Keep Top Posts Under Lyons in MasterCard’s Reorganized Emerging Payments Unit

NFC Times Exclusive – The structure of MasterCard’s recently reorganized emerging payments unit is becoming clearer, with the payment scheme taking another stab at revamping the unit, which it considers key to its future growth, NFC Times has learned.

All or most of the changes took effect in January, but MasterCard only announced the top end of the reorganization, in November, when it said it was promoting chief emerging payments officer Ed McLaughlin to chief information officer and naming chief innovation officer Garry Lyons to take McLaughlin’s place as head of the restructured emerging payments unit, which MasterCard now calls “Digital Payments.” Lyons also retains direct oversight of the R&D unit, MasterCard Labs, which he launched in 2010. 

Lyons’ top lieutenants are James Anderson, who now has direct responsibility for such key digital payments products as MasterPass and the MDES tokenization service; and Jorn Lambert, who continues to head sales channels, but whose digital channels group now apparently includes the emerging payments operations of the various regions, a source told NFC Times. Both Anderson and Lambert were group executives under the former structure. 

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