With many industry commentators predicting that 2023 will be a year of enhanced regulations across the fintech sector, Monneo has announced the hire of payments industry veteran and risk expert, Steve Wilson as its new Head of Compliance. The company, which offers a true end-to-end payments solution for the eCommerce industry, will leverage Mr Wilson’s considerable expertise to further enhance the performance of its existing Onboarding, Risk and Compliance teams.

With more than 25 years working within the payments industry, Steve Wilson understands the fast-moving nature of regulations across developing sectors, such as fintech. Over his career, he has held several important positions for many leading companies. Notably, Mr Wilson served as an Operations Manager for JCB for over three years, as the Head of Compliance and VP of Risk at Visa Europe for nine years, as well as working in executive and consultancy roles for various European fintech companies for over a decade.

Now, Mr Wilson will bring that extensive experience to the rapidly growing Monneo, assisting the company as it further adapts to the constantly evolving regulatory and risk landscape within the fintech sector. With his considerable support, Monneo will be able to continue providing innovative solutions, which meet the needs of its expanding, and ever-changing customer base, helping the company along its highly impressive growth trajectory well into 2023 and beyond.

Speaking on the hiring of Steve Wilson, Monneo’s Managing Director, Lili Metodieva commented: “Compliancy is a major priority for Monneo, and our exceptional Onboarding, Risk and Compliance teams work tirelessly to ensure it’s something that we’re always on top of. Steve’s experience in this area will help us to go even further in these efforts, providing us with the expertise needed to deliver even greater value and support to our customers. We’re delighted to have him on board and part of our growing team.”

Steve Wilson, Monneo’s new Head of Compliance commented: “Monneo is at a really exciting stage of its business development, and I look forward to getting started with this unique company. The company’s team is incredibly friendly, hard-working, and totally dedicated to helping its growing customer base. I can’t wait to begin working alongside them, learning more about the business and formulating plans on how we can help it to further grow and reach its full potential within the world of fintech.”

Monneo’s hiring of Steve Wilson is the latest step the company has taken to further enhance the level of service it offers to customers. The business currently stands out as the only full payment ecosystem provider for the eCommerce sector, with its service representing a true end-to-end solution. In doing so, the company has helped to break down several legacy barriers, which have previously held merchants back when looking to grow. Now, Monneo is preparing for more innovation in 2023 and will use Mr Wilson’s knowledge to guide this.