Tim Pigott
About Tim Pigott
Tim Pigott serves as the Payments Industry Lead at Nationwide Building Society, where he has worked since 2016. With extensive experience in payment security and strategy, he has contributed significantly to initiatives like the New Payments Architecture and has a strong focus on addressing payment scams.
Work at Nationwide Building Society
Tim Pigott has held multiple roles at Nationwide Building Society since 1991. He began as a Management Trainee and progressed to Customer Relations Manager from 1991 to 1997. He then served as a Fraud Consultant from 1997 to 2002, followed by a Consultant in Electronic Payments from 2002 to 2005. He was appointed Group Payment Security Manager from 2005 to 2008, and then as Managing Consultant for Payments from 2008 to 2011. After a brief period as Senior Manager for Payments Risk from 2011 to 2013, he transitioned to Business Management in Group Services. Since 2016, he has been the Payments Industry Lead, focusing on strategic innovations in payment services.
Education and Expertise
Tim Pigott studied at Doncaster Grammar School before attending Leeds Metropolitan University, where he earned a Bachelor of Arts degree in Economics and Public Policy from 1983 to 1986. He also studied at Leeds Beckett University, achieving the same degree in Economics and Public Policy. His educational background provides a solid foundation for his extensive experience in the payments industry, particularly in public policy and economic strategy.
Background
Tim Pigott resides in Wiltshire and is known for his interest in cycling, often using a folding bicycle to commute to meetings. His career at Nationwide Building Society spans over three decades, during which he has developed a comprehensive understanding of payment systems and risk management. His involvement in various committees and forums, including the Interbank Payments Policy Committee at UK Finance, highlights his commitment to the payments sector.
Achievements
Throughout his career, Tim Pigott has contributed significantly to the development of payment services at Nationwide Building Society. He played a key role in the Payments Strategy Forum, focusing on the New Payments Architecture (NPA). He founded Nationwide's first line enterprise-wide risk function for payments and has been actively involved in initiatives like Confirmation of Payee. His passion for addressing push payment scams and engaging with public policy and regulation further underscores his impact in the industry.