Stanchion, a leading FinTech solutions company, has expanded into the Asia-Pacific region (APAC). Stanchion has opened its APAC head-office in Melbourne; this strategic geographical move will enable Stanchion to now have a truly global footprint.
Stanchion develops and delivers FinTech solutions that consistently deliver high performance and total systems integrity across complex payment environments and enhances their capability.
“APAC is a progressive market when it comes to electronic payments,” says Stanchion CEO Graham Williams. “We are excited to bring our market leading solutions to this region at a time when the market and the region are undergoing significant financial services reform.”
“While aggregators, processors, banks and retailers face unique challenges in different regions, the one common factor is disruption by outside influences such as changes in government, industry and card association regulations. With local skills and capability in Asia-Pacific, Stanchion brings an approach based on global experience to the unique challenges facing the region. Coupled with our proven global experience, we are best placed to provide innovative, workable solutions to our clients,” says Williams.
Stanchion’s APAC operations will be based out of Melbourne under regional head Levent Barlas. Barlas has over thirteen years of experience in the payments industry, spanning a career across technology development, operations and new business development. During his career Barlas has worked in Australia, New Zealand, South East Asia, India and the Middle East and brings a deep understanding of the global payments industry as well as local knowledge to this important region.
Further, Stanchion is pleased to announce that two other senior industry professionals will join the team. Tim Cha, who has extensive APAC financial services experience, will head up business development and the professional services and delivery team will be led by Mike Kitchen, a well respected leader in payments and switching platforms.
“Stanchion will lead the development and implementation of Stanchion Solutions in the APAC market from our Australian office and will draw on global shared services to ensure optimum delivery,” says Barlas. “We anticipate growing our Australian headcount in line with client requirements in the coming years and look forward to providing solutions that help our customers navigate the various innovation and regulatory reforms that are on the horizon.”