The ai Corporation appoints Piers Horak as CEO

Former Chief Commercial Officer steps up to lead The ai Corporation, as business continues to grow global footprint providing end-to-end payment solutions.

The ai Corporation (ai), a provider of payments and fraud management technology, has announced the appointment of former Chief Commercial Officer Piers Horak as its new Chief Executive Officer. Horak brings over 15 years of extensive expertise in enterprise retail payments, banking, and fraud prevention.

Over the past five years, Horak has spearheaded ai's commercial business operations. In his new role, Horak will be responsible for building on ai's track record of developing innovative technology that allows its clients and their customers to take control and grow profitably by managing omnichannel payments and stopping fraud.

"I am incredibly excited to lead ai further into the rapidly advancing world of fuel and mobility payments. ai is perfectly positioned to take advantage of the evolution of payment digitations by leveraging our cloud-based, industry-wide payments platform to ensure our customers are primed to seize market opportunity,” said Piers Horak, ai's new Chief Executive Officer.

ai's issuer payment solutions enable fleet and mobility providers to enhance and futureproof their payments business by offering IFSF and EMV-compliant physical, virtual, contactless, and mobile payment capabilities.

Before his tenure at ai, Horak held pivotal leadership roles at Mastercard and DataCash Ltd, demonstrating a consistent track record of fostering B2B commercial growth, according to the company.