General Manager, Digital Technology Center at MasterCard
Startupbootcamp FinTech Singapore Mentor
Philip Yen is General Manager, Digital Technology Global Center based in Singapore. He has global responsibility on digital Point of Interaction (POI) standards, industry relationships, and technology roadmaps. He will provide the leadership to enable new mobile device interactions between merchants and consumers via a number of technologies (contactless, QR codes, Bluetooth, etc.) as well as developing adjacent services, such as coupon redemption. Philip also manages the approval of EMV and digital devices, as well as manages accredited testing labs. His responsibilities include verification that vendor products meet all MasterCard technical requirements (protocol, functional, security..) as well as vendor production audits (Card Quality Management, Terminal Quality Management).
Philip was group head, Emerging Payments for Asia/Pacific, Middle East & Africa (APMEA) based in Singapore. In this role, he was responsible for emerging payments in the APMEA region, including e-commerce, mobile, PayPass, transit, P2P, InControl and bill payments. He and his team work closely with the core payments team, division/country staff, and headquarters to drive MasterCard business through new channels and platforms.
Prior to joining MasterCard, Mr. Yen served as a founding member of Dynamics Inc., a startup that makes next generation payment cards. He played a key role in product development, marketing, sales, and securing early funding. Prior to Dynamics Inc., Mr. Yen worked at Visa Inc. for 16 years. He was executive vice president and general manager for Strategic Innovation based in Sydney (1 yr), Tokyo (2 yrs), and Singapore (2 yrs). Prior to his assignment in Asia, he was executive vice president, e-Visa and senior vice president, Chip Platform based in California. Before joining Visa, Mr. Yen spent 15 years at IBM Corporation, where he held management positions in technical sales and customer support for Silicon Valley clients.