Clearbank is now a member of the Digital Pound Foundation’s (DPF) community.
ClearBank joins the Foundation as “an Associate Member and will take part in the Identity and Privacy and Policy, Legal and Regulatory Working Groups.”
As a member, ClearBank will have “the opportunity to work with the Digital Pound Foundation partners on collaborative projects.”
Charles McManus, CEO, ClearBank said:
“ClearBank has joined the Digital Pound Foundation to play a role in the future of digital currency and explore the possibilities of evolving digital payment options, including tokenised deposits and stablecoins. The DPF has been very active since its launch, engaging with politicians, regulators and practitioners alike to demonstrate the potential impacts of new forms of digital money, and we look forward to being an active member of the Foundation’s community.”
Jannah Patchay, Executive Director and Policy Lead, Digital Pound Foundation
“We warmly welcome ClearBank to the Digital Pound Foundation as our newest member. As the DPF continues to explore a future ecosystem for new forms of digital money that is diverse, effective and competitive, it is vitally important that banks and other regulated financial institutions are an integral part of the policy conversation around the design and implementation of a digital Pound and the growth of new forms of digital money. We look forward to having ClearBank as part of the DPF’s growing membership base and to exploring how new developments in the digital currency ecosystem may impact on the future of banking, and their potential as a platform for financial innovation.”
As covered earlier this month, ClearBank, an enabler of secure accounts, real-time clearing, and embedded banking for financial institutions, announced that Emma Hagan had been appointed CEO of ClearBank UK and will take up the role following regulatory approval.
Hagan brings a wealth of banking experience “to the role, having worked in the industry for over 15 years.”
She is currently Chief Risk and Compliance Officer “at ClearBank, and previously served as Chief Risk Officer for EMEA at Silicon Valley Bank and in various roles at Lloyds Bank and HBOS.”
In the newly established role, Hagan will be “responsible for overseeing all aspects of ClearBank’s operations in the UK and further strengthening the bank’s position in the UK market.”