About Equals Money
Equals Money is a multi-currency payments, cards and accounts provider which supports the payments industry to deliver on its ambitions. Transforming business through its all-in-one platform, Equals provides underlying payment collection and company cards that make business spending and money management simple and secure.
The challenge
As a foreign exchange (FX) provider, Equals supports businesses move money across the globe and is a well-known multi-currency payments, cards and accounts provider. However, within the payments industry its broader service offerings, such as banking as a service (BaaS) and custom card issuing solutions, are less well known.
As an integral part of the UK payments landscape, the company is also increasingly looking at the evolution of the industry and understands the need for the regulatory landscape to keep pace with change. The team at Equals recognise that in order to help influence and shape Government policy, they need a route into the conversation.
Combined with the company’s ambition to drive industry conversations that build trust and help provide consumers with the payments service they require, they decided to seek out a platform to elevate those discussions.
The opportunity
The Equals team recognised the opportunities to be gained from building brand awareness through a trusted industry association, such as The Payments Association (TPA). They believed that membership would open the door to new networking opportunities with their peers, allowing Equals to formalise existing relationships and make new connections.
They understood that being a member of TPA would also offer a conduit to broader industry conversations and Government lobbying activity as well as access to roundtable discussions on policy and innovation.
The future
Equals has ambitions to actively shape the future of payments and regulation, using its position as part of an active industry body to be involved in policy discussions and speak as one with its industry peers.
By exhibiting at and sponsoring Pay360 2024, Equals is leveraging its TPA membership to engage with the wider industry and benefit from an enhanced presence at the two-day event. Group COO, Matthijs Boon, is taking part in a panel discussion exploring the balance of regulation and innovation alongside stakeholders from TPA, ClearBank and Santander, helping Equals deliver on its aspiration to raise its credibility amongst its peers and shape the future of payments.
James Simcox, Group Chief Product Officer & International Managing Director, Equals Money, said:
“We had been considering joining The Payments Association for a while and the time felt right to get involved. The membership package offered excellent value for money and we felt that this was the right place to be seen among our peers and raise our credibility in the space.
“We have been impressed by the broad range of events and networking opportunities on offer – the first event I attended was in Houses of Parliament, which demonstrates the level of engagement the Association has at the highest level, so we’re thrilled to be on board and look forward to seeing what else membership has to offer!”
Ben Agnew, CEO, The Payments Association, said:
“At The Payments Association, we actively connect organisations from across the entire payments ecosystem, providing a collaborative forum to share ideas and address prevailing industry challenges.
We are pleased to welcome Equals to our 200-strong network and look forward to helping the company achieve its ambitions as part of our thriving community. We welcome the team’s contributions as we collectively shape the future of payments.”
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