michael salmony

CEO at Payments Innovation Consulting

Bio Summary

An internationally recognised leader on strategy of business innovations in digital and financial services with a particular focus on Payments, Open Finance, FinTech, Digital Identity and Electronic Money/CBDC.

Board-level advisor to major international banks, industry associations, regulators and finance bodies across the world and regularly helps shape future directions in all key decision making bodies (e.g. European Commission/ECB/European Parliament in Europe, and central banks from Japan to Uruguay and Kazakhstan).

For the last 10 years he has served as Executive Adviser to the Board of Worldline Financial Services, helping to bring them from a local player to become the world’s 4th largest financial processor of transactional services, which handles over 17 trillion Euro per year.

He also works with multiple regions where Open Finance is currently emerging - for example with the World Bank in Central Asia, as Board Member of Fintech Africa, as Advisory Board Member to Mastercard in Latin America, as strategic partner to FinTech Istanbul on all matters Open Banking, Platforms, FinTech, APIs, Neo-Banking, and further digital financial services.

Previous positions include Director Business Development of leading national central bank (Bank of the Year, Best Innovator Award).

Before entering the world of finance, he helped transform companies and business models in many industries as IBM's Director of Market Development Media and Communications Technologies.

He studied at the University of Cambridge UK and is married with two millennial children.

Employment History

CEO

Payments Innovation Consulting

January 2015 - present

London, UK

CEO of PAYMENTS INNOVATION CONSULTING which is a highly specialised consultancy focusing on regulation- and technology-driven payment innovations with a special focus on Open Banking/FinTech. We work together with all stakeh ...see more

Executive Advisor BoD

Worldline

January 2006 - April 2022

Frankfurt, Germany

BoD-level advisor to equensWorldine SE, the pan-European leader in financial processing and transactional services, which handles over 17 trillion Euro per year. Strategic Projects Innovation Management European Gremia Regu ...see more

Director Innovation Management

DZ BANK

January 1997 - December 2003

Frankfurt, Germany

Digital Finance for Central Bank of 1/23 of German Market

Director Market Development Media & Communications

IBM

January 1987 - December 1997

Stuttgart, Germany

Multimedia, convergence of IT and Telecommunications and Media

Education

Master's in Computer Engineering

Cambridge UK

1987

Ph.D in Computer and Information Science

Lancaster

1989

Language Skills

German English French

Country Experience

United Arab Emirates United Kingdom United States France Turkey Japan Azerbaijan Nigeria Germany Brazil Colombia Kazakhstan Australia Belgium Estonia Uruguay

Skills

Business

Digital Culture,

Digital Strategy,

Digital Transformation,

Change & Implementation,

Transformation Management Office,

Product Development