" class="no-js "lang="en-US"> Digital Asset Management Services Provider, Wallex, Joins The Payments Association - Fintech Finance
Wednesday, February 08, 2023
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Digital Asset Management Services Provider, Wallex, Joins The Payments Association

Wallex, a leading financial services company, announced an official membership with The Payments AssociationWallex‘s membership in The Payments Association will allow the company to collaborate with other leading companies in the payments space and to stay at the forefront of industry developments and trends, further enhancing their current suite of services for their customers.
The company is looking forward to participating in the association‘s working groups and committees which focus on a range of topics including security, fraud prevention, and emerging technologies. Furthermore, this membership solidifies Wallex’s commitment to providing a comprehensive suite of asset and digital asset management services for businesses and institutions across the globe, which aligns with The Payments Association’s mission to promote innovation and growth in the payment processing industry.
The Payments Association is a leading community in the payments industry, established in the United Kingdom in 2008, with a mission to drive collaboration within the payments sector to bring about meaningful change and innovation. The association serves nearly 300 companies, including banks, payment processors, technology providers, and merchants, to foster collaboration among its members to drive innovation and growth in the payments industry.
Wallex is a leader in the digital asset and payments industry, setting the standard for quality and trust in the space by constantly working with regulators to provide secure and compliant products that protect not only the customers, but also the issuers. Wallex offers several products such as EURST, a unique euro-denominated stablecoin backed by US dollars, neobanking, custodial services, trading, staking, crypto processing, and white label solutions for asset and digital assets – a one-stop solution for neobanking and financial activities. The company provides an all-in-one asset and digital asset ecosystem that allows individuals, businesses, and fintech projects to easily enter the digital asset field and integrate it into their day-to-day lives.
Wallex‘s CEO, Simone Mazzuca, believes that blockchain technology is the future of finance due to its accessibility and low transactional fees, and values transparency as the most important feature. Wallex aims to help firms grow financially and take advantage of opportunities in the digital assets field.
“We are excited to join The Payments Association and be a part of such a vibrant community of payments innovators,” said Simone Mazzuca, CEO of Wallex. “We believe that as a member, we can jointly propel the industry forward and make payments faster, cheaper, and more secure for everyone. Joining The Payments Association is a significant step for Wallex as we continue to grow and expand our presence in the payments industry. We look forward to working with the association and its members to drive innovation and collaboration in the payments ecosystem.”

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