Stockholm, Sweden, 21 October 2020 – Trustly, the global leader in Online Banking Payments, is pleased to announce the appointment of its new Global Chief Technology and Product Officer, Karim Ahmad. In this new role, Ahmad will have group-wide responsibility for Trustly’s technology and products and report to CEO Oscar Berglund.
Formerly the Chief Product and Transformation Officer at Paysafe Group, Ahmad brings with him over 20 years of experience in implementing long-term strategy and delivery for financial services. Prior to Paysafe, he worked as EVP, Global Product and Innovation for TSYS, a US-based company offering a wide spectrum of payments solutions. Before TSYS, Ahmad was a partner at Bain & Co, specializing in payments and financial services.
Oscar Berglund, CEO at Trustly, says: “We are excited to welcome Karim to the Trustly team. He joins us with a wealth of industry expertise, payments technology and product understanding, alongside a proven senior leadership track record. All of this, coupled with extensive international experience and a deep understanding of our customers’ needs, will be vital for Trustly to ensure we continue to delight our customers as we expand globally.”
Ahmad adds: “Trustly is the undisputed global leader in Online Banking Payments, a payment method that is growing rapidly on the back of its clear and tangible benefits to merchants and consumers alike. Increasingly, merchants recognize the need for a high-conversion, cost-efficient and international alternative to card payments. I’m thrilled to be part of the team that is delivering this vision and building a global champion in the payments industry.”
Founded in 2008, Trustly is the global leader in Online Banking Payments. Our account-to-account network bypasses the card networks, letting consumers make fast, simple and secure payments to merchants directly from their online banking accounts. With support for more than 6,300 banks, roughly 525 million consumers across Europe and North America can pay with Trustly. We serve many of the world’s most prominent merchants within e-commerce, financial services, gaming, media, telecom and travel, which all benefit from increased consumer conversion and reduced operations, fraud and chargeback costs.
Trustly has 400 employees across Europe, the US and Latin America. We are a licensed Payment Institution under the second payment services directive (PSD2) and operate under the supervision of the Swedish Financial Supervisory Authority in Europe. In the US, we are state regulated as required to serve our target markets. Read more at www.trustly.com.