The ai Corporation welcomes new executives as business grows by 50%

The ai Corporation expand further with the appointment of Payment Experts Robin Whitehead, David Gilhespy and Natasha Westover to senior management team

• ai welcomes new executives as business grows by 50%, providing end to end payment, fraud and risk management solutions to more than 100 banks, over three million multi-channel merchants and over 300 million consumer cardholders across the globe.

LONDON, February 6 2018: The ai Corporation (ai) an FCA approved expert in payments, fraud and risk management, today announced the appointment of Robin Whitehead, David Gilhespy and Natasha Westover, as Chief Technology Officer, Chief Operations Officer and Finance Director, respectively.

Today’s strategic hires build on ai’s 2017 acquisition of the fuel card processor, SmartCentric, and come at a time when ai is experiencing consistent and significant growth. In 2017, ai continued its double-digit growth track record, with a 50% increase in normalised revenue year on year.

ai’s fuel card processing solutions cover over 15 million B2B active cards over 45 countries, in over 200,000 sites and 90+ product types. Its existing payments and fraud portfolio also cover over 100 banks, protecting three million multi-channel merchants and over 300 million consumer cardholders, across the globe.

“I’m pleased to say we’re positively impacting our industry, from both a client success and technological innovation perspective. We take customers from where they are, to where they want to go, and we work side-by-side with our partners to simplify their approach and drive business success,” said Dr Mark Goldspink, CEO of ai.

“Our business is growing and we’re on our way to becoming one of the most recognized brands in the machine learning, payment, fraud and risk management space. Building out the team to strengthen our brand globally with the additions of Robin, David and Natasha, drives our business forward and will further cement our ability to provide an end to end solution, that enables real-time card management, with real-time fraud prevention.”

As CTO, Robin Whitehead will head the company’s data science, technology and engineering teams, underpinning its solutions, with the latest machine learning techniques and technology. He will be responsible for continued growth and innovation of ai’s core technology platforms. Whitehead was most recently ai’s Development Director. Prior to that, he held executive positions at PayVector.

“I’m excited to be appointed as ai’s CTO at such a pivotal time in the business’s history, and to help ensure the company’s legacy of enhanced payment, fraud and risk management solutions continue to thrive,” said Robin Whitehead. “I’ve dedicated my career to ensuring end customers are able to succeed by simplifying their omni-channel payments processes, while stopping fraud at source.”

David Gilhespy will be responsible for managing and overseeing ai’s global operations. As Chief Operations Officer, Gilhespy will focus on growing the footprint of ai’s international business and continuing the company’s mission to simplify the complexities of omni-channel payments and fraud prevention.

As Financial Director, Natasha Westover will support ai’s CEO, Dr Mark Goldspink, its commercial directors and senior management team regarding financial strategy, accounting, budgeting and financial reporting and management relating to ai and its subsidiaries.

For more information about ai, or to organize an interview, please contact:

nick.jones@aicorporation.com
Ends

Note to Editors: Logos are available on request.

About The ai Corporation Limited (ai) ai is trusted around the world for developing innovative technology that allows our customers to take control and grow profitably. Founded in 1998, we have a long track record of providing solutions to some of the world’s largest financial/payment institutions and international merchants. Our longstanding business partnerships are based on making things simple, self-service tools that allow our customers to take control. By focussing this way, we constantly strive to help our customers create highly profitable returns.

Take Control: Simply Stop Fraud. Today, our unique self-service fraud detection solutions are considered by many industry “thought leaders” to be the best in the world. Our solutions, including our new “state of the art” machine learning/A. I, protect and enrich payments experiences for more than 100 banks, over three million multi-channel merchants and over 300 million consumer cardholders. We also monitor over 25 billion transactions and authorisations each year. These machine learning technologies are also flexible enough to be applied to other business processes that require detailed consumer insight for marketing or pricing.

Take Control: Simply Manage Omni-Channel Payments: In line with customer demand and as the payment value chain continues to converge, ai is positioning itself to take advantage of the evolution of payments digitations, by exploiting our fraud and analytical capabilities. To support this ai’s payment gateway, issuing platform and European Money License, means we can act as a payment facilitator for our business partners, allowing them the luxury of rapidly launch new alternative payment types into the market place. A truly end to end offering which uses “state of the art” machine learning to securely manage Omni-channel payment transactions securely via a cloud based platform.

Find out how ai can provide innovative technology that will help you grow profitably by visiting www.aicorporation.com

For more information please contact; Nick Jones – PR Manager 07832 115 362 The ai Corporation 20 Nugent Road, Surrey Research Park, Guildford, Surrey, GU2 7AF nick.jones@aicorporation.com ​