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EU Payments


An M1 ‘Digital Payments Region’ is a key part of the Government’s NorthEast Action Plan for Jobs which proposes the creation of a ‘digital payments hub’ along the M1 economic corridor with the potential to create hundreds of sustainable new jobs.

The Payments Industry occupies a core interface between financial services and technology. Advances in technology, security, and regulatory initiatives such as the EU Payment Services Directive, have resulted in the number and value of digital payments growing rapidly and will continue to do so exponentially in years to come. Areas of practice that once seemed impossible to digitize are fundamentally changing because of the impacts of AI, Open Source, Cloud first technologies, Internet of Things (IoT) capabilities and big data analytics.