PSI-Pay appoints compliance and Anti Money Laundering specialist, Craig James, as Non-Executive Director
PSI-Pay, one of the UK’s leading end-to-end, account and card-based payment solutions companies, is proud to announce that Craig James has joined the board of Directors.
Craig is a highly Experienced FCA (FSA)/E-Money and PrePaid Compliance/Regulatory and Anti Money Laundering specialist. He has held Controlled Functions 1, 2, 10 and 11 for both UK and International Financial Services companies. Having overseen the compliance / MLRO functions of organizations such as Firepay (Optimal Payments) and Paysafecard he brings considerable business experience and knowledge, along with a full understanding of balancing risk management, regulation and performance.
He has a significant track record in e-money and payment services, including advising on the development and release of some of the largest pre-paid schemes in the UK and advising numerous non-UK pre-paid organizations. He is also a Chairman of the industry representative body PIF (Prepaid International Forum).
Craig’s experience within the regulatory and risk management environment will ensure that PSI-Pay are ‘ahead of the game’ with the proposed new EU regulations, particularly as they expand into other EU territories
“I am delighted to help assist the PSIpay team in its next phase of development. I have been closely associated with Phil Davies and PSIpay over many years and look forward to being a part of its on-going success.” Says Craig
Phil Davies, Managing Director of PSI-PAY Ltd commented: ‘’I am pleased to welcome Craig to the board of directors which now completes our management restructuring. His wealth of experience and professional standing will be of great value as PSI continues to roll out its expansion plans throughout Europe and beyond.”