Projective Group joins payments industry association

04 December 2023 Consultancy.uk 2 min. read
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Financial services consulting firm Projective Group has become a valued member of The Payments Association, an international payments community that aims to drive collaboration and innovation within the industry. The alliance reinforces Projective Group’s offering to clients in the ever-changing payments sector.

In recent years, the payments industry has constantly evolved. With global payment revenues predicted to hit $2 trillion by 2025, the impact of digital payments in particular has boomed – with the number of non-cash transactions soaring to more than 700 billion for 2020 alone.

The changes have also led to a powerful combination of tightening regulations, rising customer expectations, and new technologies. Amid this, payment operations remain under pressure to maintain risk controls and increase efficiency. Within this context, knowledge sharing and collaboration with market leaders is more valuable than ever and key to staying ahead of the curve.

Projective Group joins payments industry association

To that end, Projective Group has joined The Payments Association. Spanning six major European financial centres, Projective Group encompasses over 1,100 financial services specialists, with more than 100 payments experts. By collaborating with The Payments Association, the firm hopes to offer enhanced services to clients dealing with change relating to payments – as well as sharing best practices between them.

Jacob Rider, UK head of payments at Projective Group, commented, “We are very proud to announce our partnership with The Payments Association, representing our commitment to supporting collaboration, innovation, and sustainable growth within the European payments industry. We are excited to work alongside other market leaders and continue helping organisations to navigate the rapidly evolving payments landscape with the knowledge and confidence to succeed.”

The Payments Association (previously the Emerging Payments Association or EPA) is a representative body for payments firms of all sizes. The group helps its members navigate a complex regulatory environment and facilitate profitable business partnerships, and works closely with industry stakeholders such as the Bank of England, the FCA, HM Treasury, the Payment Systems Regulator, Pay.UK, UK Finance and Innovate Finance.

This can help the Projective Group to offer deep expertise in crucial areas within financial services for targeted projects, whilst also having access to the breadth of knowledge across the full-service offering. The consultancy will also look to boost its services as a complete solutions provider, and solidify its position in the European financial marketplace.

Freddie Marewa at The Payments Association commented, “We are thrilled to welcome Projective Group as a valued member of The Payments Association. We are certain they will play an important role in advancing our mission to facilitate connections, collaboration, and learning to help shape a powerful payments industry that works for all.”