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The card network and bank technology seller partnered to expand AI protocols, while British payment companies face tougher fee disclosures but looser rules for contactless transactions. That and more in the American Banker global payments and fintech roundup.

Phil McGriskin is CEO and co-founder of Vitesse, the trusted financial infrastructure connecting the global insurance ecosystem. With more than 20 years of fintech and payments experience, he leads the company's global strategy, focusing on fund transparency and control, efficient claims operations and business growth.  

McGriskin co‑founded Envoy Services in 2006 and led it through acquisition by Worldpay in 2011, later serving as Worldpay's chief product officer and head of Worldpay Futures. In 2014, he launched Vitesse, alongside Paul Townsend, to address inefficiencies in insurance payouts and liquidity management.  

Under his leadership, Vitesse has processed billions in claims, including £4 billion in the past year—and secured major backing, most recently a $93 million Series C led by KKR to fuel U.S. expansion. 
LinkedIn: https://www.linkedin.com/in/phillip-mcgriskin-521a2b1/  

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