How many Countries does YourCash supply into in Europe? We currently operate in the UK, Netherlands and Belgium. The business started in the UK in 2000 and we now have around 5,000 ATMs in convenience stores, petrol forecourts, post offices and leisure venues such as casinos. We arrived in the Netherlands in 2003 and now have around 1,000 ATMs at major supermarket chains. Belgium is the baby of the group, we launched there in 2011 and already have 100 machines at supermarkets.


Is the European market where you see the main growth with YourCash or are there more markets outside of Europe that you are looking into for future development, such as for example Singapore? Our strategy is to roll out our proposition in further European countries but with regards to launching further afield – never say never! It would have to be the right opportunity though with the right customer and corporate partners.


Your extensive experience & knowledge acquired in the financial sector along with your team must have been a significant factor in the success of the management buyout. My Board of Directors have a collective experience of over 100 years of banking experience. We are entrepreneurs at heart though and we have a saying at YourCash that we ”live by corporate standards but breath as entrepreneurs”. We keep in mind the robust corporate standards gleaned from our banking careers – this is evident in our stringent risk management and business continuity safeguards.


28


Another great example is that YourCash is the first UK non-Financial Institution (“FI”) to gain a principal members MasterCard licence and only the second in Europe – endorsing the business’s strength.


What were the reasons for the choice of the Norwegian IT organisation Evry to partner with earlier this year? We are really excited about our strategic partnership with Evry. Evry are a leading Nordic IT-services provider and provide extensive technology services to Nordic financial institutions and have developed a range of innovations that have transformed and simplified the way people access services across society including banking and payment services. We have partnered with them to enhance the services and capabilities of our ATM estate, adding innovations from EVRY’s broad portfolio of card, payment & internet based banking services. Evry also have pan-European capability which will underpin our growth strategy.


Security at ATM’s & back office has recently come under scrutiny since a recent high profile scam, what provisions has YourCash in place to


ensure against such high-tech hackers? Firstly, I’ll say that YourCash has minimal exposure to these scams. The typical siting of our machines inside retail and leisure premises certainly puts off fraud attacks involving skimming devices and other physical tampering. There is no room to be complacent though and my security team work hard to keep up to date with the latest best practices and ensure we can be one step ahead on our estate. Our host


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32