Londen - Anders la Cour, medeoprichter en Chief Executive Officer van Banking Circle, is benoemd tot voorzitter van de recent gelanceerde non-profit brancheorganisatie Emerging Payments Association EU. De nieuwe organisatie bouwt voort op het internationale netwerk van haar Londense zusterorganisatie, de Emerging Payments Association (EPA), die bestaat uit 150 leden uit de hele betalingssector.

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BANKING CIRCLE CEO APPOINTED AS INAUGURAL CHAIR OF NEW EPA EU

Emerging Payments Association opens European branch in Luxembourg chaired by Anders la Cour

London – Anders la Cour, co-founder and Chief Executive Officer of ground-breaking financial utility, Banking Circle, has been appointed Chair of the newly-launched non-profit business association, Emerging Payments Association EU. The new trade association builds on the international network of its London-based sister organisation, the Emerging Payments Association (EPA), which consists of 150 members from across the payments industry.

Based in Luxembourg, the EPA EU is a new, separate legal structure created to promote and defend the interests of the payments industry across the European Union. The latest payments businesses to join the EPA EU include Visa and Mastercard.

Banking Circle is one of three founding members of the new EPA EU, alongside the UK-based EPA and Luxembourg for Finance (LFF) – the Agency for the Development of the Financial Centre. The European organisation is headed by Banking Circle’s Anders la Cour as Chair and Thibault de Barsy, ex-CEO of Keytrade Bank Luxembourg, as Vice-chairman and General Manager.

Tony Craddock, Director General of the EPA commented: “We’ve received an incredibly enthusiastic reaction to our launch in Luxembourg from right across the industry, and we are delighted that the organisation will be led by Anders la Cour, as Chair. This is a period of great importance for the payments industry across Europe, as we wait to see how Financial Services will be handled within the ongoing Brexit negotiations. The importance of banking and payments must not be underestimated, and the newly launched EPA EU will play an important role in representing the interests of our members.”

Anders la Cour added: “Having just secured our Banking Licence from the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg, we are delighted to be involved in the newly formed EPA EU, and I am both honoured and excited to be taking on the important role of Chair.

“Businesses across the EU are in the midst of big market changes, with many challenges and opportunities to come. The EPA EU will play a vital role in supporting payments businesses as they negotiate the changing landscape and we all work together to find the best way to support industry and consumers across the region and the rest of the world.”

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About Banking Circle
Banking Circle is a financial infrastructure provider to Payments businesses and Banks. As a fully licensed bank, free of legacy systems, Banking Circle technology enables payments companies and banks of any scale to seize opportunities in the new economy - quickly, at low cost and with world-class compliance and security – with direct access to clearing that bypasses old, bureaucratic and expensive systems.

Banking Circle solutions are increasing financial inclusion. From accounts to lending, international payments to settlements and risk hedging to compliance, Banking Circle technology is helping thousands of businesses transact across borders in a way that was previously not possible.

Banking Circle is owned by EQT VIII and EQT Ventures in partnership with Banking Circle’s founders. Headquartered in Luxembourg, Banking Circle has offices in London, Munich, Amsterdam and Copenhagen.

About EPA EU
The Emerging Payments Association EU A.S.B.L (EPA EU) is a non-profit association of payments industry influencers based in Luxembourg.

The purposes of the Association are to promote and defend the interests of its members and as well as the study of any issues concerning the payments industry in the European Union.

EPA EU builds on the international network of our London-based sister organisation, the Emerging Payments Association (EPA), consisting of 150 members from across the payments value chain; including payments schemes, banks and issuers, merchant acquirers, PSPs, retailers, and more.

EPA EU seeks to achieve its objectives by organizing events, managing projects promoting the interests of its members, publishing research documents and providing training.

Collectively, members of the EPA transact more than €6 trillion annually and employ more than 300,000 staff, meaning that we now have a significant influence over the industry’s future.

About EPA
The Emerging Payments Association (EPA) is a commercial membership association of payments industry influencers based in London.

It runs more than 70 events each year, delivers eight projects to drive change, helps to connect the ecosystem, encourages innovation and profitable business growth.

Its community is over 150 members strong and growing. Our members come from across the payments value chain; including payments schemes, banks and issuers, merchant acquirers, PSPs, retailers and more.