Willem Wellinghoff brings compliance expertise and focus on financial inclusion
Inclusive global payments platform, Ecommpay, is proud to announce that the company’s Chief Compliance Officer & UK Chair, Willem Wellinghoff, has joined the Advisory Board of the Payments Association (PA). With more than 20 years’ experience in financial services, financial crime and technology, Willem brings to the role a unique legal and compliance perspective on payments and lending.
The Payments Association Advisory Board comprises 20 payments sector thought leaders, recruited to help steer and guide The Payments Association’s senior team. Members of the board share a desire to effect change to create a profitable, sustainable payments ecosystem.
Willem Wellinghoff has been a Regulatory Working Party member of the Payments Association and has played a key role in shaping its Manifesto. The expertise and insights Willem will bring to this new role will be invaluable as the Association evolves and responds to shifting regulatory requirements and scrutiny.
“I believe a strong, dedicated focus on payment regulation remains essential to safeguarding industry growth, consumer trust, and the UK’s position as a global leader in payments innovation,” Willem commented. “As the largest community in payments, The Payments Association holds an important role in future-proofing the industry. I am excited to be able to give back by using my experience to benefit the Association and the wider industry.
“I look forward to assisting in influencing and enhancing regulatory policy decisions and ensuring stronger collaboration so that we can retain focus on the aims of the Payments Association Manifesto and the National Payments Vision.”
Ecommpay is a key player in the payments landscape, with a clear focus on financial inclusion. Following the recent rebrand and the launch of the Ecommpay inclusion and accessibility programme, Ecommpay for Good, Willem and his team have embraced a Compliance and Legal ethos that empowers inclusivity, with strong foundations built on trust. Willem has been integral to the overall change and cultural at Ecommpay over the last 18 months, redeveloping the entire Compliance, Risk and Legal framework and people structure as well as building strong relationships with regulators.
“Ben Agnew, CEO of The Payments Association added: “Advisory Board members are nominated and elected to the board by Payments Association members, based on their ability to lead and drive positive change within the payments industry. With his unique compliance, legal and risk expertise, plus clear commitment to inclusivity & driving the industry forward for the benefit of the entire payments ecosystem, Willem will be an invaluable addition to our Advisory Board.”
