Ecommpay has announced that its Chief Compliance Officer and UK Chair, Willem Wellinghoff, has been elected to the Advisory Board of the Payments Association (PA). With more than two decades of experience in financial services, financial crime and technology, he brings a distinctive legal and compliance perspective to the payments and lending landscape.
The Payments Association Advisory Board consists of 20 senior industry figures who guide the Association’s leadership team and help shape the future of the payments sector. Board members share a commitment to driving positive change and supporting a sustainable, commercially robust payments ecosystem.
Willem has previously served as a Regulatory Working Party member at the PA, contributing significantly to the development of its Manifesto. His expertise will play an important role as the Association continues to adapt to evolving regulatory expectations and increased 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 prominent force in the payments sector, recognised for its commitment to financial inclusion. With its recent rebrand and the launch of its inclusion and accessibility initiative, Ecommpay for Good, the company continues to strengthen its compliance-led, trust-based culture. Over the past 18 months, Willem has overseen a transformation of the firm’s Compliance, Risk and Legal functions while building constructive 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.”
