Leading Emerging Payments Organisation Winner

October 6, 2017


London, UK. 6th October 2017 – The Payment Cloud Technologies (PCT) team is in exuberant mood this morning, after seeing off tough competition to secure the title of Leading Emerging Payments Organisation at the prestigious Emerging Payments Awards last night.

PCT’s entry was deemed best-in-class from a shortlist of five established competitors, including PaySafe, Wirecard and Global Processing Services, Monzo’s former payments processor. The win is PCT’s second in four months, having been celebrated as ‘Best Use of Technology in Online Banking’ at July’s UK Financial Services Experiences Awards.

The Emerging Payments Awards, which recognise the ‘best the payments industry has to offer’, paid tribute to PCT’s outstanding achievements since November 2016, when the business rebranded from Payment Card Technologies to Payment Cloud Technologies to signify PCT’s transition from prepaid market leaders to digital banking pioneers.

Since then, PCT has successfully:

  • Redefined the way the industry has looked at e-money and prepaid
  • Implemented the world’s first national full-function digital banking platform using e-money that incorporates over 1000+ branches and mobile applications, full online internet banking and 24/7 customer service support
  • Partnered with some of the UK’s leading not-for-profit organisations and founded the award-winning Change Account, to provide financial inclusion to over 20,000 vulnerable customers

Ian Clowes, CEO, Payment Cloud Technologies, said: ‘’When I founded PCT, my vision was to transform the way payments and banking services are delivered by businesses to their end customers. Today, we have already achieved this goal and are enabling businesses to thrive in the new digital world. We are delighted that this early success has been recognised by the EPA’s esteemed judging panel and the wider financial services industry, and that the best is yet to come.’’

Success at the Emerging Payment Awards caps a momentous period for PCT as our client, An Post, has just opened a gateway to digital banking services across Ireland, using PCT’s cloud-based banking and payments platform, bank.VISION. Find out more about this here.

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