The Association opens up to all regulated financial institutions

26 March, 2012, Helsinki –In response to the rapid evolution of the mobile financial services (MFS) ecosystem, Mobey Forum has published new Articles of Association which open full membership to all supervised payment institutions. The global bank-led industry association today also announces its first non-banking full member, Nets, a leading northern European payment solutions provider.

“In order to effectively drive the evolution of the mobile financial services ecosystem Mobey Forum must continue to recognise the importance of fostering dialogue between all stakeholders in the value chain,” comments Ron van Wezel, Chairman, Mobey Forum. “By opening up full membership to all financially regulated companies, Mobey Forum is providing a range of different stakeholders with voting rights and the possibility of joining its Board of Directors to exert greater influence on the organisation’s strategic direction.”

“Nets has recognised this opportunity and we welcome its representative, Kristian Thure Sørensen to our Board,” continues van Wezel. “Kristian is already well known in the Mobey Forum community. In addition to his Board responsibilities, Kristian has also agreed to take up the important role of chairman of Mobey Forum’s Marketing Workgroup.”

Mobey Forum’s Articles of Association also define a new ‘institutional membership’, designed to encourage the participation of not-for-profit bodies in a variety of related sectors, including academia, government and transport.

This announcement follows the success of last week’s MobeyDay in Barcelona, Mobey Forum’s first event to welcome both members and other representatives from the global MFS community to network and debate the future of the ecosystem. MobeyDay brought together more than 280 mobile finance professionals to engage with an influential panel of senior executives, practitioners and key stakeholders who lead discussions via a series of keynote and open panel sessions.

For further media information please contact Paul Rogers / Kirsty Pearson tel +44 1943 468 007 or email: paul@iseepr.co.uk / kirsty@iseepr.co.uk

About Mobey Forum

Mobey Forum is the global leader in driving a sustainable and prosperous mobile financial services ecosystem.  Established in 2000, it brings together leading financial institutions, mobile network operators, mobile handset manufacturers and payment processors and vendors, committed to accelerating the mass-market deployment of user-friendly mobile financial services by promoting open and secure technology standards.

For further information please consult www.mobeyforum.org

About Nets

Nets is one of northern Europe’s leading companies for payment solutions, information services and digital security solutions, with one of the most extensive and innovative product portfolios in Europe. Our ambition is to become an even stronger partner to our customers by supporting their business nationally as well as internationally. We want to make the handling of both financial and information assets easier and more secure.

Nets employs over 2,200 people and has its registered office in Copenhagen, as well as competence and commercial centres in Oslo, Stockholm, Helsinki and Tallinn.

Find out more about us at www.nets.eu