The ai Corporation names CCO Piers Horak as new CEO

  • The ai Corporation, a UK-based paytech, has appointed Piers Horak as its new CEO, effective December 2023.
  • Horak takes over from Dr. Mark Goldspink, who left the CEO role due to health reasons after a 10-year tenure.
  • While Goldspink focused on rejuvenating the company, Horak’s emphasis is on developing innovative technology for omnichannel payment experiences and fraud mitigation.
  • The ai Corporation, founded in 1998, provides B2B fleet and mobility payment solutions, fraud management tools, and business intelligence services, serving over 100 banks and three million multi-channel merchants.
  • Horak, with over 15 years of experience in retail payments, banking, and fraud prevention, previously served as the Chief Commercial Officer and played a pivotal role in the company’s growth.
  • The company’s chairman, Ashley Head, praises Horak’s leadership, strategic insight, and industry understanding, highlighting his integral role in the organization for the past decade.
  • Before joining The AI Corporation, Horak held significant leadership positions at Mastercard and DataCash, focusing on fostering B2B commercial growth.
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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