PCM vol. 3 Issue 9

Why is PSD2 exciting for you?
PSD2 is a step toward open banking, which will see a new financial landscape gradually emerge over the coming years. PSD2 will
drive innovation in Europe and really start to effect a change for consumers and the financial industry as whole as the larger
financial incumbents (the banks) are disrupted and new FinTech organisations, through a combination of regulation and new
technology, are able to offer new and innovative services to customers. Banks have traditionally held Centre stage in the world
of finance but that will gradually change and they may even start to cut back on the traditional services they offer (like loans
and mortgages) and function more like a platform which other Companies access.
The really exciting part for me is the new services and offerings from the FinTechs (and some of the banks), which will hit the
market. Banks have been very slow to innovate over the years but with PSD2 that innovation will come from outside of the banks
and there’s going to be some very exciting developments over the next few years allowing people to have much more personalised
and flexible options when it comes to banking and financial products.
I think for many people, financial technology is a huge unknown, which operates in the background, but it’s also something
that touches us every day. When I started at PCN I really started to think about it and get very involved with the excellent work
being done inside both the Banks and FinTechs and the enthusiasm in the industry in infectious.
Working at PCN in the way that I do, meeting people, talking about ideas and hearing stories about how people are trying to
make the world a better place through innovative use of technology is extraordinary and somewhat inspirational. I feel quite
lucky to have the position that I do and the window that PCN has given me into the FinTech world.
What do you do for your clients and when should they reach out to you?
I am interested in speaking to anyone involved with Projects in the Payments and FinTech domains. My day-to-day role is heavily
focused on both business development and consulting around resource needs. For me that always starts with understanding a
client’s project, knowing what they are trying to achieve and what they need to achieve it. Sometimes clients know what they
want and they need someone with the networks, tools and recourses to find it but sometimes it’s not so clear, so there can be a
larger element of consulting at the beginning before I go out to our networks and suggest solutions in the form of people with
the knowledge and technical expertise to deliver.
Andrew Mullineux
Business Leader - Contracts & Project Services
Andrew Mullineux is the Head of Contracts and Project Services Division
and is based in Amsterdam. He brings 10 years of experience delivering
contract recruitment services to both small and large corporate clients
across parts of Africa, Europe and Russia. Andrew’s focus at PCN is on
engaging with Project teams across Europe on subjects such as PSD2,
Instant Payments, Open Banking, Innovation and Blockchain along with
running our workshops.
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