FinTech Magazine October 2020 | Page 215

these technologies . While you can automate business functions , there are limits . By harnessing the power of machine learning , you can benefit from optimisation and predictive capabilities . Ultimately , when it comes to innovation it comes back to that balance of being first to market when rolling out new products with the latest improvements in technology and adopting new opportunities such as machine learning and AI .”
Alongside its adoption of machine learning , Grech details that when looking to enter new industries , “ one first needs to have certain knowledge and competence and the data set in that industry . Truevo Payments has been operating since 2016 and we are now in our fourth

EXECUTIVE PROFILE : Charles Grech

215 Title : Chief of Operations
Company : Truevo Payments Industry : Financial services Location : Birkirkara
Charles Grech is a seasoned payments executive with 25 years of experience in design , management and operation of payment systems and payment businesses . He has managed large scale projects such as migration to chip on both acquiring and issuing businesses , systems migration and migration of national currency . Charles is a software and electronics systems engineer . Previously , Grech managed various areas of the payment card business in Bank of Valletta plc . And was co-founder of the online age verification provider agechecked . com . Today , Charles Grech is Chief of Operations at Truevo Payments , a card acquiring and financial services company servicing European businesses . fintechmagazine . com