AIB, ING Direct, G4S Cash Services join Payments Council

Allied Irish Bank Group (UK), ING Direct and G4S Cash Services have joined as full members of The Pa

The addition of the five new firms brings total membership to 28 and associate membership to 11.
Paul Smee, CEO of the Payments Council, said: "The Payments Council is always delighted to welcome new members. Our diverse membership - which comprises an ever increasing and wide range of payment service providers, as well as independent directors - enables us to ensure that the payment system as a whole meets the needs of payment service providers, users and the wider economy.

"We look forward to working closely with our newest members as we continue to work through the National Payments Plan - our landmark publication which sets out our 10-year vision for UK payments, with the view to ensuring that payments are efficient, innovative and robust."

The Payments Council is the organisation that sets strategy for UK payments. It has been established to ensure that UK payment systems and services meet the need of users, payment service providers and the wider economy.

AIB Group (UK) is a division of AIB Group, registered in the UK and regulated by the Financial Services Authority. ING Direct is a UK-based direct savings bank with over 1.4 million customers. It provides a range of savings, mortgage and home insurance products.

A subsidiary of G4S plc, G4S Cash Services is the UK-based provider of cash solutions, including secure cash transportation, ATM outsourcing solutions and outsourced till management.
UK-based Barron McCann Technology is a provider of information security, IT services and secure payment systems.

Consult Hyperion is an independent IT consultancy with over two decades of experience in advising government, financial organisations, telecoms operators and their suppliers how to use new technology for payments, identity management, ticketing and other electronic transactions services.