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PYMNTS.com asked industry expert and author of Paying with Plastic, David S. Evans to profile industry thought leaders and executives to find out what's next in the world of payments.
In this exclusive NEXTcast interview, PYMNTS.com sits down with Gary Flood to find out "What's Next" for MasterCard. Gary has been at MasterCard for 24 years and is currently the President of Global Products and Solutions. With new and exciting innovations everyday, Gary sees both technology and consumers driving solutions to shape the future of the payments industry.
As the United States looks to recover from the economic downward spiral and as we see an increase in the population of budget-conscious penny-pitchers, Gary sees the focus of U.S. payments shifting to consumer control to facilitate spending and manage money. On a global scale, technology will drive innovation with prepaid and mobile emerging at the forefront on payments. (To read the transcript, go here.)
Executive Bio: Gary J. Flood is President, Global Products and Solutions for MasterCard Incorporated and MasterCard International. In this capacity, he has responsibility for the products and services that the Company delivers to its customer financial institutions. Prior to being appointed to his current position in November 2007, Mr. Flood was Executive Vice President of Global Account Management for the Company. In this capacity, Mr. Flood oversaw the Company’s efforts to support its largest global customers. Previously, Mr. Flood was Senior Vice President of Consumer Card Product Management and Development, where he spent four years directing all MasterCard consumer credit programs in the United States. Mr. Flood joined the Company in 1986 as Regional Marketing Director. Before joining the Company, he was National Sales Manager for Citicorp’s Merchant Business.
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