Kani Payments appoints Andrew Wingfield to lead safeguarding push
Kani Payments has appointed Andrew Wingfield as Head of Strategic Solutions, a move aimed at strengthening the company's capabilities amid forthcoming regulatory changes. Wingfield will spearhead efforts to advance Kani's platform, with a focus on improved safeguarding features for clients, particularly with the Financial Conduct Authority's revised rules set to take effect in May 2026.
Safeguarding priorities
Wingfield's remit includes developing and delivering solutions tailored to the needs of Electronic Money Institutions, issuers, and fintechs. These will focus on safeguarding compliance under the updated CASS regime, which will require more stringent management of safeguarded balances. His role will involve ensuring that Kani's offerings are aligned with regulatory expectations while providing efficient and accurate tools for its users.
Kani is positioning its upgraded safeguarding solution as a way for clients to prepare for and adapt to the FCA's updated requirements. The platform is expected to help clients manage compliance with greater ease and accuracy through the integration of enhanced forecasting and reporting features.
Industry experience
Wingfield joins Kani with over ten years of experience in financial operations and analytics. He has previously held senior roles at Raphaels Bank, PomeloPay, and The Payment Firm, and has consulted for fintechs across the UK and Europe. His expertise extends to financial modelling, safeguarding, and regulatory reporting, which is intended to support Kani in expanding its suite of analytical tools for the payments industry.
Wingfield's appointment comes as the payments industry faces increasing regulatory scrutiny, with firms required to update their safeguarding practices to maintain compliance and avoid operational risks. The company anticipates that his leadership will be instrumental in addressing both new and existing regulatory challenges faced by clients globally.
Product development
Wingfield will guide the evolution of Kani's core product range, prioritising usability and compliance for its customers. This includes making products more intuitive and ensuring they are adapted to changing operational realities in the sector. The company's focus is on enabling clients to manage data-intensive reporting and reconciliation tasks in light of rising compliance demands.
Recent updates to Kani's platform have included the expansion of reporting capabilities and the introduction of new features designed to simplify payments operations. The company is aiming to address the complex workflows associated with card payments, data reconciliation, and forecasting, particularly as the regulatory environment shifts.
Leadership commentary
"My immediate focus will be on developing products that are not only compliant and future-proofed, but also intuitive and efficient for our customers to use. With the FCA's new safeguarding requirements only seven months away, there's a real opportunity to help firms manage these regulatory pressures with confidence, accuracy and speed. By listening closely to our customers and building tools around their real-world needs, we'll continue to make Kani's solutions the go-to-choice for EMIs and issuers. I'm delighted to join the business at such an exciting time," said Andrew Wingfield, Head of Strategic Solutions, Kani Payments.
Wingfield's arrival is set to support Kani's ongoing investments in both technology and talent as it seeks to serve a growing client base in the global payments sector.
"Andrew's appointment marks an important milestone in Kani's growth journey," said Aaron Holmes, CEO, Kani Payments. "Andrew's experience and analytical mindset is going to be invaluable as we continue to expand our offerings and refine the customer experience. The work Andrew will lead on will help us deliver even more intuitive, user-centred products that save our clients time and increase operational accuracy. He's a great addition to the Kani team and to the value we deliver to our customers every day."
