In response to the rapid evolution of the mobile financial services (MFS) ecosystem, Mobey Forum has published new Articles of Association which open full membership to all supervised payment institutions. The global bank-led industry association has announced its first non-banking Full Member, Nets (Ballerup, Denmark), a northern European payment service provider.
“In order to effectively drive the evolution of the mobile financial services ecosystem Mobey Forum must continue to recognize the importance of fostering dialogue between all stakeholders in the value chain,” says Ron van Wezel, Chairman, Mobey Forum. “By opening up full membership to all financially regulated companies, Mobey Forum is providing a range of different stakeholders with voting rights and the possibility of joining its Board of Directors to exert greater influence on the organisation’s strategic direction.”
Mobey Forum’s Articles of Association also define a new ‘institutional membership’, designed to encourage the participation of not-for-profit bodies in a variety of related sectors, including academia, government and transport.
This announcement follows last week’s MobeyDay in Barcelona, Mobey Forum’s first event to welcome both members and other representatives from the global MFS community to network and debate the future of the ecosystem. MobeyDay brought together more than 280 mobile finance professionals to engage with a panel of senior executives, practitioners and key stakeholders who lead discussions via a series of keynote and open panel sessions.