Banks Paytech Trending

Omnio Marks Merger Milestone with Dazzling Tower of London Celebration

Omnio Group, a global banking and payment services provider formed by the £70 million merger of Payment Cloud Technologies (PCT) and Tuxedo Money Solutions, celebrated the launch of its new-look brand with a prestigious knowledge-sharing and networking event last night.

omnioThe celebrations at the Tower of London were attended by over 250 of the biggest influencers and experts in the global banking and payments industry, including 20 thought leaders from Italy’s financial service sector.

Attendees were formally introduced to Omnio’s new brand and vision, and heard Ian Clowes, CEO of Omnio Group, impart his insight into the state of the global financial services sector. The global payments landscape is projected to reach $2,997.55 billion by 2025, while the international digital banking market is expected to be worth $19 billion by the middle of next decade.

omnioIan explained that this incredible growth presents exciting opportunities not just for established players, but for new entrants as well, provided they take advantage of fast-evolving fintech solutions to anticipate and meet changing customer needs.

In addition to Ian’s presentation, some of Omnio’s industry friends took to the podium to talk about the highlights of their experience with the business. Peter Altabef, Chairman and CEO at Unisys discussed the partnership with Omnio to power its Elevate product set which is being used to deliver cloud based digital current account services to Monmouthshire Building Society (MBS).

omnioFormer Senior Executive Director at AnPost, Liam Sheehan, praised the business’s unique platform and how it powered the digital banking element of AnPost’s Smart Account. While Chris Pond, Chairman at Lending Standards Board, key note address explored the scale of financial inclusion alluding to the 1.3 million citizens in the UK without a bank account and how the government is now recognising the problem.

Speaking about the event, Ian Clowes commented: “It was incredible to get the chance to explore the state of banking and payments with true industry giants, and I am confident that we have put Omnio firmly on the map. I’m really proud of how far we have come, successfully marrying PCT and Tuxedo together to create our fantastic Omnio brand. I can’t wait to get started driving our business to further success in the future.”


Related posts

The Benefits of a Cashless Society

Mark Walker

Graymatics on How the Use of AI in the Smart Cities Scheme Can Help Create a Safer Society

Polly Jean Harrison

Ethiopian Remittances Market Bolstered Under New M-PESA Safaricom and Onafriq Partnership

The Fintech Times