Elizabeth Buse Named Co-CEO At Monitise

Mobile-money firm Montise has brought in former Visa executive Elizabeth Buse as co-CEO to run the “day-to-day” corporate operations as well as technology, product, sales and marketing. This will leave current CEO and founder Alastair Lukies to develop external relationship with partners and industry stakeholders and major shareholders.

Buse was at Visa for 16 before her March 2014 departure. During her tenure she headed up international operations. Prior to that she also held the positions of global head of product and EVP of emerging markets and technologies.

“Monitise occupies a unique position in the global Mobile Money ecosystem as one of the few technology enablers with proven bank-grade solutions across banking, payments and commerce. I am enormously impressed by the Group’s quality of products and services, the technology and, most of all, the people,” said Buse of her new position, reports Finextra.

Buse begins her tenure as CEO as Monitise changes its business model from one built on large license fees upfront to a subscription-based system.