Pay.UK has named three senior financial services executives to its Board as industry Non-Executive Directors, with appointments taking effect from 1 July 2026. Alison Berryman from Monzo, Matthijs Boon from Equals, and Pranay Ahluwalia from Bank of Ireland UK will join the governing body of the UK’s interbank retail payment systems operator and standards authority.
The trio brings expertise from across the banking spectrum, representing digital banking, FX specialists, and traditional retail banking respectively. Their appointments signal Pay.UK’s commitment to diverse industry representation as the payments landscape continues evolving rapidly amid open banking expansion and real-time payment adoption.
The move affects all participants in UK retail payment systems including banks, payment service providers, and fintech firms relying on Pay.UK infrastructure for Faster Payments, Bacs, and cheque clearing services. Market watchers view board composition as critical for shaping payment system strategy and regulatory approaches.
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Payment service providers and fintech firms should monitor these appointments closely as the new directors may influence future payment infrastructure standards and access policies affecting competitive positioning in UK markets.
Source: Finextra