President, New Payments Platforms
David Yates is president of New Payment Platforms for Mastercard. In this capacity, he also serves as executive chairman of Vocalink, a Mastercard company, having been their CEO for the previous six years. David sits on the company’s management committee.
David is passionate about payments, with 35 years’ experience building payments businesses around the world. Most recently, he was president of Western Union, where he drove the company’s diversification into online money transfer and business payments.
Before this, David spent six years as president, First Data International, building all of FDC's global activities outside of the U.S., including merchant acquiring, merchant transaction processing, issuer processing and ATM network solutions business units.
David also has substantial private equity experience both as operating partner with Advent International, advising on the acquisition of WorldPay from RBS, and then as a member of the WorldPay board from the initial investment through to successful IPO. He is currently a member of the board of directors for Concardis, a major German acquiring business.
David has a master's degree in law from Oxford University and is fluent in German and French.