The European Digital Payments Industry Alliance (EDPIA), a body advocating the growth of digital , has added SIA, a company building in payment services and infrastructures, as its newest member.
Announced on Monday, SIA has become the fifth member of the body, apart from the four founding members – Ingenico Group, Nets, Nexi, and Worldline.
Welcoming the new member, EDPIA president Kathy Anderson said: “It is a very important first development of our joint major initiative launched in May 2020, demonstrating the attractiveness of our Alliance and of its ambition to unite all the independent European payment players to strongly and constructively contribute to the ongoing policy and regulatory debates and to actively promote the digital payments on our Continent.”
Finance Magnates reported on the last May.
Impacting the fintech policymaking in Europe
As mentioned then, its main aim is to engage in policy discussions impacting the EU payments sector and also push to bring instant, secure and frictionless payments closer to EU citizens, businesses, and public bodies.
It is also the only trade body that represents specialized Europe-headquartered digital payment services providers that do not engage directly in banking services.
SIA is a subsidiary of CDP equity and offers technology infrastructure and services to financial institutions, , and also corporates across 50 countries.
“We are particularly proud to join EDPIA and to contribute further to accelerating the development of digital payments in Europe,” Nicola Cordone, CEO of SIA, added.
“SIA supports this initiative by leveraging its know-how, expertise, and people in leading the innovation of digital pan-European payment services at world-class standards. For over 40 years we have proudly put citizens, corporates, financial institutions, central banks, and the public sector at the center of the digital payments revolution.”
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