Nationwide Leads the Market by Engaging new External Experts

Nationwide Building Society today announces the next stage in its continued commitment to delivering the latest technology and innovations to its 15 million members and customers with the engagement of external experts to support the Board IT Committee. The influential Committee has accountability for technology architecture and transformation, innovation, cyber security and IT resilience strategy and governance at the world’s largest building society.

These individuals bring additional weight and knowledge with a range of experts drawn from the payments, FinTech, Mobile Channel development, cyber security and data industries. Their decades of experience will complement the Society’s in-house teams as Nationwide continues the next stage of its multi-billion-pound transformation plan.

The engagement of external experts to support a Board sub-committee exclusively dedicated to IT strategy, technology, resilience, innovation and business transformation is believed to be one of the first of its kind in the financial services sector in the UK. This demonstrates the Society’s focus on delivering market leading developments, which have a real impact on the lives of millions of its members.

The experts are (further biographical information below):

  • Conrad Prince – Former Director General, Intelligence and Strategy GCHQ
  • Usama Fayyad – Former Chief Data Officer & Group Managing Director, Barclays Bank PLC
  • Mark Hartley – Inventor of Clear2Pay Open Payment Framework
  • James S. Greene – Ex Vice President, Global Financial Services, Cisco
  • Lisa Stanton – Chief Executive Officer, InAuth Inc

To achieve its ambition of becoming the first choice for financial services Nationwide has invested in its mutual future by transforming and improving its systems and processes over the last six years through a large scale multi-billion-pound systems modernisation programme. This has resulted in the implementation of a completely new core banking and payments system which has enabled the Society to replace its internet bank, expand its suite of current accounts, introduce a new mortgage point of sale and processing system and a new mobile banking app, offering a greater choice to more customers.  The benefits of its new system are already apparent, with new current account openings increasing by 21% in the first quarter of 2016/17, as over 139,000 new accounts were opened. At the same time, the Society has also consistently led the industry in independent customer satisfaction surveys.

Nationwide has continued this ambitious transformation strategy with investments and innovations that respond to changing member expectations and demands in a digital age. Nationwide recently became one of the first to offer both Apple and Android Pay, was first in the UK to offer wearable banking and earlier this year announced a new innovation collaboration project with Silicon Valley based Pivotus Ventures and Umpqua Bank. At the same time Nationwide has committed over £500 million to its branch network deploying market leading technology such as Nationwide NOW to around 400 end points.

However, the financial services industry continues to change at an unprecedented rate, as customer behaviour and the expectations of their providers grow rapidly and organisations invest to meet these needs while providing continued safety and security in an increasingly complex environment.

Tony Prestedge, Chief Operating Officer, Nationwide Building Society, commented; “Nationwide, as a mutual, is committed to making our members’ lives better through investing in innovations and technology, which will help customers have even greater access and control of their finances. The Society has a proud heritage of innovation, from introducing the first internet bank in the UK in 1997, to delivering a completely new core banking platform, market leading in-branch technology with Nationwide NOW and earlier this Summer a powerful new banking app.

As millions of our members embrace the benefits of digital innovations we recognised the need to continue to ensure we have the right talent and leadership in place to meet the rapidly changing challenges and opportunities new technology presents. Bringing external expertise to support the Board IT Committee allows the Society to benefit from decades of combined experience at the most senior level, complementing our in-house experts, as we continue our ambitious innovation, technology and IT resilience investment.

Conrad Prince: Conrad Prince served from 2008 – 2015 as the senior official responsible for the intelligence and cyber operations conducted by Britain’s signals intelligence and cyber security agency, the Government Communications Headquarters (GCHQ). He was the former deputy director of GCHQ from 2011 – 2015. He has been instrumental in the development of the strategy for, and operational application of, a range of advanced cyber techniques, including capabilities to counter cyber attacks on the UK and its allies.

Usama Fayyad: As the former Chief Data Officer and Group Managing Director at Barclays Bank in London UK, his responsibilities included data governance, information risk management and the data infrastructure for BI, data warehousing, Big Data and analytics technologies across the Barclays Group globally. He is a world-renowned leader in BigData and Data Science and has held key leadership positions at NASA, Microsoft, Yahoo!, and founded and led several tech startups in Seattle and Silicon Valley. He has published over 100 technical articles in the fields of Data Mining, Artificial Intelligence, Machine Learning, and Databases. Usama holds over 30 patents, is a Fellow of the AAAI (Association for Advancement of Artificial Intelligence) and a Fellow of the ACM (Association of Computing Machinery. He continues to be active in the academic and research communities and has chaired the Applied Data Science Track at the largest international conference in the field.

Mark Hartley has a breadth of international experience across innovative software and payments solutions to the banking, FinTech and financial services industries. Mark invented Clear2Pay’s Open Payment Framework in 2004, and within five years Clear2Pay became the world’s leading supplier of Payments Hubs. Today, leading banks in the UK, Europe, the US and Australia use the platform.

James S. Greene has over three decades of experience in the global financial services industry, 21 of those years with Accenture where he was instrumental in creating and leading their global financial services business. The last 14 years were spread between being CEO of a technology start-up, global head of Financial Services for Cap Gemini, global head of Financial Services Consulting for Cisco and the last several years as a Managing Partner of a private equity fund focused on creating and incubating enterprise class analytics software companies. Recently he founded Sky D Ventures.

Lisa Stanton: Bringing more than 20 years of experience in financial technology, banking and payments, Lisa joined InAuth in 2014 as Chief Executive Officer. Before joining InAuth, Lisa established and served as the President of the Americas for Monitise, a global leader in the provision of mobile money services to banks, credit unions, processors, payment networks, MNOs and retailers. Prior to Monitise, Lisa spent 16 years at Citizens Financial Group, the 8th largest bank in the US, running the payments and channels divisions.

The Board IT Committee, which meets bi-monthly, is chaired by Nationwide’s non-executive director, Mitchel Lenson, who has spent over 30 years in the financial services industry and is a former Group Chief Information Officer at Deutsche Bank with responsibility for IT and Operations for all operating divisions of the bank, including its retail banking operations.

Mitchel Lenson, Non-Executive Director, Nationwide Building Society, commented; “For some time the Board of Nationwide has been keen to ensure we have world class strength in IT development, resilience and innovation. The engagement of these external experts will provide additional insight and challenge to ensure we effectively meet the opportunities of a digital age across our technology, innovation and IT resilience investment. We are looking forward to welcoming the new experts to the team and working to continue to deliver market leading innovations which have a real benefit to our members.

Author: Dylan Jones

Share This Post On
ATM Africa


  1. Dizziness As Side Effect Of Amoxicillin viagra Ordering Alli Online

  2. Noroxin viagra Buy Cheap Valtrex Online No Prescription

  3. HyMWwE Rattling clean internet site, thankyou for this post.

  4. Wow, what a video it is! Actually nice feature video, the lesson given in this video is truly informative.

  5. I was studying some of your articles on this internet site and I think this web site is very instructive! Keep on posting.

  6. I am so grateful for your article post.Really thank you! Much obliged.

  7. Really enjoyed this blog.Thanks Again. Cool.

  8. merely growing bigger Not Fake i mean, normally

  9. You could definitely see your expertise in the paintings you write. The arena hopes for more passionate writers such as you who are not afraid to say how they believe. All the time follow your heart.

  10. Lovely website! I am loving it!! Will be back later to read some more. I am taking your feeds also.

  11. mаАааБТ“ blog us poker sites accept mastercard

  12. In the great I always visit your blog everyday to read new topics.,:~-~

  13. Synthroid No Prescription Online buy viagra Acheter Propecia En Ligne

  14. lungs, and cardio-vascular tissue. If this happens, weight loss will slow down and it will become more and more difficult to maintain a healthy weight.

  15. It as remarkable to pay a quick visit this web site and reading the views of all friends concerning this paragraph, while I am also eager of getting experience.

  16. Discount Acticin Store cialis Cialis Generique Efficace

  17. Macrobid Tablets Medication Cash Delivery Online buy cialis Priligy Vente Uk

  18. I truly appreciate this post. Ia??a?аАа’аАТ‚аЂ ve been looking everywhere for this! Thank goodness I found it on Bing. You ave made my day! Thanks again

  19. Superb post Darragh! and thanks a million for your mention, I’m seriously honoured!

  20. Is there any way you can remove me from that service? Cheers!

  21. Pink your website submit and cherished it. Have you ever considered about visitor posting on other relevant weblogs equivalent to your website?

  22. Really enjoyed this blog.Really looking forward to read more. Want more.

  23. Wanted to drop a remark and let you know your Rss feed is not working today. I tried adding it to my Yahoo reader account but got nothing.

  24. Just a smiling visitor here to share the love (:, btw great design and style .

  25. Oh my God, you mad freak! That is brilliant!

  26. specialist on this space to resolve my problem. Maybe that is you!

  27. I truly appreciate this article post.Much thanks again. Want more.

  28. I truly value your work , Great post.

  29. Your means of explaining the whole thing in this post is truly nice, all be able to effortlessly understand it, Thanks a lot.

  30. Thanks for sharing, this is a fantastic blog post. Really Cool.

  31. I truly appreciate this article post.Really looking forward to read more. Great.

  32. You, my pal, ROCK! I found exactly the info I already searched everywhere and simply could not find it. What a perfect web site.

  33. This awesome blog is no doubt entertaining as well as diverting. I have found many handy tips out of this blog. I ad love to come back again and again. Thanks a lot!

  34. Just wanna remark on few general things, The website style and design is perfect, the content is rattling fantastic : D.

  35. Very good written. Keep up the author held the level.

  36. Lovely just what I was looking for.Thanks to the author for taking his time on this one.

  37. This blog was how do you say it? Relevant!! Finally I ave found something that helped me. Thank you!

  38. Way cool! Some extremely valid points! I appreciate you writing this article plus the rest of the site is really good.

  39. I truly appreciate this post.Much thanks again. Keep writing.

  40. Some truly prize articles on this website , saved to fav.

  41. wow, awesome post.Really looking forward to read more. Will read on…

  42. I think this is a real great blog.Really thank you! Really Great.

  43. Hi, I would like to subscribe for this webpage to get most recent updates, thus where can i do it please help out.

  44. Wow! This could be one particular of the most helpful blogs We ave ever arrive across on this subject. Basically Excellent. I am also an expert in this topic therefore I can understand your effort.

  45. Brand Cialis Without A Prescription [url=]viagra[/url] Antibuse

  46. Viagra Et Mal Des Montagnes [url=]buy cialis[/url] Comprare Cialis A San Marino

  47. Why people still make use of to read news papers when in this technological world all is existing on net?

  48. This is one awesome blog post.Thanks Again. Really Cool.

  49. Remarkable! Its actually remarkable post, I have got much clear idea on the topic of from this post.

  50. Very informative blog post.Thanks Again. Fantastic.

  51. There as definately a great deal to know about this issue. I love all of the points you made.

  52. Thanks-a-mundo for the article post.Really thank you! Great.

  53. Perfectly written content material, Really enjoyed reading through.

  54. Im grateful for the article post.Really looking forward to read more. Much obliged.

  55. Yeah bookmaking this wasn at a speculative decision great post!.

  56. Simply a smiling visitor here to share the love (:, btw outstanding design. Audacity, more audacity and always audacity. by Georges Jacques Danton.

  57. Your style is so unique in comparison to other people I have read stuff from. I appreciate you for posting when you have the opportunity, Guess I all just book mark this site.

  58. Major thankies for the blog post.Much thanks again. Awesome.

  59. Really informative blog article.Thanks Again. Really Cool.

  60. Some really prize content on this website , saved to fav.

  61. Merely wanna comment that you have a very nice site, I the layout it actually stands out.

  62. Well I truly liked studying it. This information offered by you is very constructive for good planning.

  63. This very blog is obviously educating and besides amusing. I have found a lot of handy tips out of it. I ad love to go back again and again. Thanks a bunch!

  64. Thank which you bunch with regard to sharing this kind of with all you genuinely admit a minute ago what you are speaking approximately! Bookmarked. Entertain also obtain guidance from my web page

  65. You made some decent points there. I looked on the internet for the issue and found most individuals will approve with your site.

  66. I use pocket money also. I love it. I also use MPG and it allows me to record my gas purchases and maintenance transactions into pocket money right from MPG.

  67. very nice put up, i definitely love this web site, carry on it

  68. My brother suggested I might like this blog. He was totally right. This post truly made my day. You can not imagine just how much time I had spent for this information! Thanks!

  69. It is laborious to search out knowledgeable folks on this matter, but you sound like you recognize what you are speaking about! Thanks

  70. It is appropriate time to make some plans for the future and it as time to be happy.

  71. I just want to say I am all new to blogging and truly savored your blog site. Probably I’m going to bookmark your blog . You actually have really good articles and reviews. Thanks for revealing your web-site.

  72. Thanks for sharing your thoughts. I truly appreciate your efforts and I will be waiting for your further post thank you once again.

  73. Unfortunately, fanminds did not present at the GSummit, so their slides are not included. I\ ad love to hear more about their projects. Please get in touch! Jeff at gamification dot co

  74. very nice post, i in fact really like this internet website, maintain on it

  75. Im no pro, but I suppose you just made an excellent point. You naturally understand what youre talking about, and I can truly get behind that. Thanks for being so upfront and so honest.

  76. A round of applause for your article post.

  77. Particularly helpful outlook, many thanks for writing.. So happy to possess found this post.. My personal web searches seem total.. thanks. So happy to get found this article..

  78. We appreciate, result in I ran across what exactly I had been seeking. You could have wrapped up my own Some evening extended quest! Our god Bless you man. Use a fantastic time. Ok bye

  79. Looking forward to reading more. Great blog.Really looking forward to read more. Keep writing.

  80. I went over this internet site and I conceive you have a lot of great information, saved to favorites (:.

  81. very handful of internet sites that take place to become in depth beneath, from our point of view are undoubtedly well worth checking out

  82. robe de cocktail pas cher i am in fact delighted to read this blog posts which includes lots of valuable facts, many thanks for providing these kinds of statistics.

  83. Very interesting information!Perfect just what I was looking for! Peace, commerce and honest friendship with all nations entangling alliances with none. by Thomas Jefferson.

  84. Thanks again for the blog post.Much thanks again. Much obliged.

  85. Really appreciate you sharing this blog. Much obliged.

  86. Well I sincerely enjoyed reading it. This subject procured by you is very useful for accurate planning.

  87. I’а†ve recently started a blog, the information you offer on this site has helped me tremendously. Thank you for all of your time & work.

  88. Very good blog post.Really thank you! Will read on

  89. I was recommended this web site by my cousin. I am not sure whether this post is written by him as no one else know such detailed about my problem. You are incredible! Thanks!

  90. Really appreciate you sharing this blog article.Much thanks again. Will read on

  91. I truly appreciate this post. I have been looking everywhere for this! Thank goodness I found it on Bing. You have made my day! Thx again!

  92. I really liked your blog post.Really thank you! Awesome.

  93. It is hard to locate knowledgeable men and women within this subject, even so you be understood as guess what takes place you are discussing! Thanks

  94. It as not that I want to duplicate your web site, but I really like the layout. Could you let me know which theme are you using? Or was it tailor made?

  95. Say, you got a nice article.Really thank you! Will read on

  96. Very superb info can be found on website.

Submit a Comment

Your email address will not be published.