London — 18 February 2022 — The Payments Innovation Forum (PIF), the not-for-profit trade body representing e-money and payment service providers, today announced that Binance UK has become the Forum’s fourth benefactor member with a seat on the PIF Board of Directors.

“We’re delighted to join the Payments Innovation Forum to collaborate with some of the industry’s top companies to advocate for payments in the UK”, said Jonathan Farnell, Head of UK at Binance and newly appointed non-executive director of PIF.

“As a global leader in the digital asset industry, Binance is committed to working with policymakers to educate and support the development of informed and effective governance models which promote the overall growth of the blockchain ecosystem”

Binance joins a vibrant and growing community of companies and organisations in support of the Payment Innovation Forum’s mission to support and champion innovative payment solutions as an essential part of the financial services ecosystem. With a strong track record as an industry advocate, PIF has supported the entry and phenomenal growth of new payment services and fintech and offers the industry a vital ally in a new era of payments innovation.

“We are very pleased to welcome Binance as a Benefactor Member,” said Diane Brocklebank, Executive Director of the Payments Innovation Forum. “Our organisation is dedicated to promoting a payments industry that is safe, fair, transparent and innovative, and we depend on our members to fund that work. Our benefactor members share that commitment at the highest level and we are proud to welcome Binance UK to the group.”

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About Binance

Binance is the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider with a financial product suite that includes the largest digital asset exchange by volume. Trusted by millions worldwide, the Binance platform is dedicated to increasing the freedom of money for users, and features an unmatched portfolio of crypto products and offerings, including: trading and finance, education, data and research, social good, investment and incubation, decentralisation and infrastructure solutions, and more. For more information, visit: https://www.binance.com

About Payments Innovation Forum

The Payments Innovation Forum supports and champions innovation in payments by promoting the highest possible standards of compliance, advocating for our members on important policy matters, improving the perception of new and existing payment services and facilitating the exchange of knowledge and experience to drive performance across the industry.

PIF is funded entirely by the industry with vital extra support from Lead Benefactor Mastercard and Benefactors Banking Circle, Blackhawk Network and Binance UK.

For further information, please visit www.paymentsinnovationforum.org

Payments Innovation Forum Ltd is registered in England and Wales under company number 05955151 at 86-90 Paul Street, London, EC2A 4NE.
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