SafeCharge Adds FINTECH Circle CEO, Susanne Chishti, to Board

London-listed Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term provider SafeCharge has appointed Susanne Chishti as a non-executive director to its board of directors.

Susanne is the CEO and founder of FINTECH Circle, an angel network which enables emerging financial technology firms to execute their vision and expand their Fintech business. She also founded FINTECH Circle Institute, which provides fintech education and online courses globally.

SafeCharge described Chishti as an executive with more than 20 years’ experience in banking and online payments, as well as an extensive knowledge of financial technology start-ups and more than 10 years working at board level.

She also worked as Global Project Manager with Deutsche Bank and currently serves as a non-executive director at Kompli Holdings plc, Crown Agents Bank Ltd and JLG Group plc.

Susanne Chishti was a keynote speaker in the 2017 Finance Magnates London Summit, where she surveyed the latest developments in Fintech regulatory space and outlined compliance using latest technologies such as artificial intelligence.

Summit Spotlight: "Regulation Regulation Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Read this Term is simply never ending, and some people cannot keep up" #londonsummit17 #regulation #Regtech @FINTECHcircle pic.twitter.com/lrEQVnuzVU

— Finance Magnates (@financemagnates) November 15, 2017

SafeCharge, majority owned by Israeli billionaire Teddy Sagi, reported record revenues in 2018, which rose about 24 percent compared with 2017, and was in the upper range of the previously provided guidance of $137.5-138.5 million.

SafeCharge bets on Fintech

The company also recorded a 45 percent year-on-year growth in deal turnover from its customers. The volume of operations rose from $9.6 billion in 2017 to $13.9 billion in 2018.

The AIM-listed company has recently increased bets on the Fintech sector with a follow-on investment in ‎Nayax Ltd, an Israeli technology company that specializes in providing ‎credit card payment systems for vending machines.‎ Nayax solutions ‎have been integrated with SafeCharge’s cards acquiring and payments ‎platform to deliver a scalable solution for unattended payments in over ‎‎200,000 devices worldwide, operating in more than 50 countries and 26 ‎currencies.‎

Commenting on the appointment, SafeCharge's chairman Roger Withers, said: "We are delighted to welcome Susanne to SafeCharge. Her background and extensive experience in the banking and FinTech sectors will further strengthen the Board and will be invaluable as we continue to grow the business."