Unisys Appoints Payments Expert to Intelligent Processing Solutions Ltd (iPSL) Board Role

London - 13 February 2017

Jamie Martin joins Unisys to further the company’s commitment to iPSL, the future of payments and the financial sector 

Unisys Corporation (NYSE: UIS) today announced the appointment of Jamie Martin to the board of Intelligent Processing Solutions Ltd (iPSL), the UK Business Process Outsourcing (BPO), cheque processing and fraud prevention joint venture among Unisys, Barclays, HSBC & Lloyds Banking Group.

iPSL is the market leader in processing domestic cheques across the UK, handling more than 500 million cheques worth more than £700 billion every year. In addition, iPSL provides associated services such as fraud detection, image-based returns and lock box to more than 80 percent of companies in the UK financial market and other complimentary services such as Research and Adjustments and Mandates.

Martin joins the company’s board after a successful career spanning a variety of management and board-level roles within retail banking, wealth management and payments. In his most recent role within Clydesdale and Yorkshire Banking Group, Martin was responsible for the management of all payments-related activities, as well as the cash and ATM businesses.

“Jamie brings us terrific board-level experience, gained from previous positions with Payments UK, The Clearing House Automated Payment System (CHAPS) and The Cheque and Credit Clearing Company (C&CCC), said Eric Crabtree, vice president and global head of Financial Services for Unisys. “I am very confident that the experience he brings will drive us forward in areas including traditional and emerging payments trends, as well as incorporating new approaches toward omnichannel banking.”

"On behalf of iPSL, I am delighted to welcome Jamie Martin to the Board. iPSL is currently undergoing a significant transition as cheque services move from the current paper-based model to image-based. Jamie's extensive experience in payments and banking will be invaluable to the company during this change and as the future of UK payments continues to evolve," said Royston Hoggarth, chairman and CEO, iPSL.

Unisys is a global information technology company that specializes in providing industry-focused solutions integrated with leading-edge security to clients in the government, financial services and commercial markets. Unisys offerings include security solutions, advanced data analytics, cloud and infrastructure services, application services and application and server software. 

Intelligent Processing Solutions Ltd (iPSL) specialises in banking and financial services operations and is the UK Business Process Outsourcing (BPO) joint venture between Unisys, Barclays, HSBC & Lloyds Banking Group. iPSL is the UK market leader in processing domestic cheques, dealing with over 500 million cheques per year, whilst also providing associated services such as fraud detection, image-based returns and lock box to more than 80 percent of companies in the UK financial market. iPSL also provides other complimentary services such as Research and Adjustments and Mandates. With a track record of delivering a first class service proposition to customers, iPSL consistently exceeds client and industry expectations by delivering an excellent outsourced cheque clearing service. 

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