Conotoxia Joins NACHA’s Payments Innovation Alliance

Membership in The Alliance provides Conotoxia the opportunity to help shape and advance the payments industry.

Conotoxia announced that it has joined NACHA – The Electronic Payments Association’s Payments Innovation Alliance. The Alliance, a membership group that serves as the voice of the payments industry, encourages industry collaboration to help advance global payments.

“We are pleased that Conotoxia has joined the Payments Innovation Alliance,” said Janet O. Estep, President and CEO of NACHA. “Bringing diverse parties together to discuss, debate, and ultimately transform the payments industry is the goal of The Alliance. Participation by organizations such as Conotoxia will help us further our goal and strengthen the industry as a whole.”

As a member of The Alliance, Conotoxia will be able to:
Initiate and take part in important projects aimed at strengthening the global payments industry as a whole. Network with payments professionals from around the world.
Attend in-person and virtual meetings.
Contribute to thought leadership documents, such as white papers, authored by other Alliance members.

“Conotoxia is thrilled to be part of the Payments Innovation Alliance,” said Piotr Kicinski, Vice-Chairman of the Board at Cinkciarz, the parent company of Conotoxia Sp. z o.o.

“Membership in this group enables us to further our mission to execute the highest customer service standards. By engaging and collaborating with other global payments innovators, we can not only help advance our own organizational goals and objectives, but serve as an integral player in shaping the future of the global payments system.”

Conotoxia joins a host of other global organizations that are members of The Alliance. The Alliance membership consists of nearly 200 organizations.

As a benefit of membership in The Alliance, Conotoxia will be participating in its upcoming meeting, which will take place on June 1-2, 2017, in Berlin, Germany. The meeting will bring together members from across geographies to participate in knowledge exchange, discussion, debate, education and networking. Piotr Kicinski will be a featured speaker at the event.

About the Payments Innovation Alliance
The Payments Innovation Alliance, a program of NACHA –The Electronic Payments Association®, brings together diverse, global stakeholders to support payments innovation, collaboration, and results through discussion, debate, education, networking, and special projects that support the ACH Network and the payments industry worldwide. By organizing content and focus across all payment areas, including emerging payment technologies, electronic billing and presentment, mobile, payment security/risk, check conversion and global payments, the Alliance seeks to grow and advance payments and payments technology to better meet and serve the needs of the evolving industry. For more information and to learn how to join visit https://www.nacha.org/payments-innovation-alliance .

About NACHA—The Electronic Payments Association
Since 1974, NACHA—The Electronic Payments Association has served as a trustee of the ACH Network, managing the development, administration and rules for the payment network that universally connects all financial institutions in the U.S by moving money and information directly from one bank account to another. Financial institutions exchanged 25 billion ACH payments valued at $43 trillion in 2016. Through its collaborative, self-governing model, education, and inclusive engagement of ACH Network participants, NACHA facilitates the expansion and diversification of electronic payments, supporting Direct Deposit and Direct Payment via ACH transactions, including ACH credit and debit payments, recurring and one-time payments; government, consumer and business transactions; international payments, and payments plus payment-related information. Through NACHA’s expertise and leadership, the ACH Network is now one of the largest, safest, and most reliable systems in the world, creating value and enabling innovation for all participants. Visit nacha.org for more information.

About Conotoxia
Conotoxia Sp. z o.o., a licensed payment institution and a subsidiary of one of the largest private companies in Poland - Cinkciarz , will be offering global money transfer and payment services using cutting edge technology alongside extremely attractive conversion rates and transfer fees.

Kalina Stawiarz

Marketing & PR Manager

k.stawiarz@cinkciarz.pl

48 726 666 644

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About Us

Cinkciarz is a repeat winner of the global Bloomberg Rankings. The currency exchange company was named Player of the Year 2016 by Forbes magazine. The CEO of Cinkciarz, Marcin Pioro, was awarded Best Manager 2015 by Bloomberg Businessweek Poland. Reuters described the company as dominant in the Polish currency exchange market. The event that gathered the most attention from the media was the signing of the sponsorship contract with the NBA team, the Chicago Bulls.

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