PIF Announces Keynote Interview for Eleventh Annual Summit

Suresh Vaghjiani of award-winning Global Processing Services to deliver Keynote Interview on The Fall and Rise of the FinTech Empire at the PIF Summit 2017  

London, 01 September 2017 – The Prepaid International Forum (PIF), the not-for-profit trade association representing the prepaid financial services sector, is delighted to announce further details for its annual Summit taking place on 20-21 September at Lainston House in Winchester.

The 2017 Keynote Interview will see Suresh Vaghjiani, global payments trailblazer and Managing Director of Global Processing Services, in conversation with industry pundits Robert Courtneidge and Siobhan Moore.

Drawing on a wealth of knowledge in global payments, Suresh will deliver a unique perspective on the current state of the FinTech sector. From the explosive growth of new FinTech entrants and their impact on prepaid market development to working with an abundance of new players whilst striving to bring more choice, greater security and better resilience to the sector.

Commenting ahead of the event, Suresh Vaghjiani said “Traditional banks have always had a monopoly on the services they offer and with this an arrogance to new entrants to the market.

“We are now seeing a shift in power for the first time in banking history where they simply cannot ignore the revolution that has started in their back yard”

Now in its eleventh year, the PIF Summit has become firmly established as a leading destination for high-level discussion and debate on the future for global prepaid. Attracting the attention of leading and emerging industry organisations the PIF Summit explores the prepaid trends, solutions and technology driving innovation in payments and analyses the impact of regulatory change.

Diane Brocklebank, Commercial Director of PIF said: “We are excited to announce the 2017 Keynote Interview with Suresh. As one of the most inspiring thought-leaders in payments, his experience and wisdom will challenge our thinking on FinTechs and the future for prepaid.”

Notes to Editors

About Suresh Vaghjiani:

Suresh is Managing Director of Global Processing Services, an award-winning processor for credit, debit and prepaid. GPS provides services to some of the largest FinTechs globally as well as providing services to ‘next generation banks’. The GPS platform is not only known for its flexibility but it is also ranked as the fastest growing processor in Europe.

Suresh brings a wealth of knowledge in global payments. In his former role as Head of Issuing at Paysafe Group PLC, Suresh successfully established the Issuing and newly formed Card Services division. Being a founding member of Kalixa Payments Group, in his role as Head of Kalixa Pay, Suresh worked with TfL to pilot some of the first contactless prepaid products to use on the London transport network. In 2011, he launched the first ever contactless wristwatch in the UK. This is in addition to being responsible for launching the first App controlled NFC solution for iPhone in Europe.

Suresh is also an elected advisory member of the Emerging Payments Association and project leader for the EPA’s project International Trade. In this capacity, Suresh has represented the UK government on a number of trade missions including Mexico, Canada and Serbia. He has also hosted a meeting with senior UK government ministers including the current Foreign Secretary of State Boris Johnson.

Suresh was recently selected to join the working group for the Payment Strategy Forum which will help shape changes in the payments industry that the FCA will make through the Payment Systems Regulator.

A solution driven innovator, with a track record of developing products and services that meet the customers’ current and future needs, Suresh is passionate about innovation and bringing the emerging payments sector to the main stream. He has a substantial understanding of electronic money, throughout its complete value chain from Issuing to Acquiring, with strategic knowledge on what works and does not work in various international markets. Suresh has been voted into the Payments Power 10 for the second year running, a top ten list of key influencers in the payments industry.  In 2017 Suresh became the first European in its 11-year history to be awarded the prestigious Industry achievement award by Paybefore magazine.

About the PIF Summit 2017:

Now in its eleventh year, the PIF Summit has become a leading destination for high-level discussion and debate on the hot topics in prepaid. It brings together leading industry organisations to discuss the future for the evolving prepaid sector from a business, innovation and regulatory perspective. Attendees will hear from industry pioneers, the businesses innovating for the future and the companies executing new approaches that are set to transform the way we pay and get paid.

The PIF Summit begins with the PIF annual reception and dinner on Wednesday, 20 September and concludes at 17:30 on Thursday, 22 September. The programme for PIF members begins with the AGM from 14:00 – 17:00 on 20 September.

Event sponsors include Global Processing Services (Headline Sponsor), One4all and Know Your Customer. Event partners include Paybefore and Bandwidth Recruitment.

For further information and to register, please visit: www.prepaidforum.org/pif-agm-summit-2017/

About PIF:

The Prepaid International Forum (PIF), is the not-for-profit trade association formed in 2007 to represent the prepaid financial services sector. Driven by a belief that consumers should be confident in the security of prepaid products and the money that is stored on their behalf, PIF advocates for policies and standards that protect and enhance the use of prepaid as a payment solution. Throughout its 11 year history, PIF has supported its member organisations and the growth of the sector to become a trusted and influential advocate for prepaid. For further information please visit www.prepaidforum.org