MasterCard Appoints New Head of Mobile Payments

MasterCard Worldwide has appointed Mung-Ki Woo to the position of Group Executive of Mobile. Woo will be responsible for commercializing and developing mobile payments for MasterCard around the world. Most recently, Woo was VP of Electronic Payments & Transactions at France Telecom, where he led the “Orange Money” mobile payment program, which was commercially available in several African countries, and deployed Orange’s mobile contactless payment services in Europe. Before that, he was CTO of a French interbank organization that specialized in electronic money systems.


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I think the NSA has a job to do and we need the NSA. But as (physicist) Robert Oppenheimer said, “When you see something that is technically sweet, you go ahead and do it and argue about what to do about it only after you’ve had your technical success. That is the way it was with the atomic bomb.”

— Phil Zimmerman, PGP inventor and Silent Circle co-founder, in an interview with Om Malik