Banking Trailblazer Mark Allcock Joins BABB Group as Advisory Board Member

BABB
2 min readNov 21, 2023

London — 21th November

BABB Group, the visionary force behind the evolution of inclusive finance, proudly welcomes Mark Allcock to its Advisory Board, reinforcing its commitment to revolutionizing the financial landscape. With a sterling career spanning over three decades, Mark brings unparalleled expertise and a wealth of knowledge from the fintech sector, coupled with an extensive track record of collaboration with top-tier banks and financial institutions.

Mark’s diverse skill set encompasses a broad spectrum of financial technologies, making him a formidable asset to the BABB team. Specializing in next-generation digital banking, Platform-as-a-Service (PaaS), APIs, e-money, digital assets, stablecoins (including USDC), and digital currencies, Mark’s influence extends across critical areas. His proficiency further includes a deep understanding of accounts and payment systems such as Faster Payments Service (FPS), SEPA, SWIFT, and blockchain. Mark’s expertise extends into wallets, barcode payments, and digital and biometric customer identification and KYC processes.

With a distinguished career that includes pivotal roles at Citibank, Credit Suisse, JP Morgan, Visa Europe, Barclays, and 10x Future Technologies, Mark has also contributed significantly to various e-money and Electronic Money Institution (EMI) ventures, notably Egaliti.com. His reputation for developing innovative strategies and platforms precedes him, having successfully led and managed product and technology teams, aligning seamlessly with both bank and fintech objectives.

Mark’s profound knowledge of financial product and platform architecture is complemented by his extensive experience in managing diverse international teams for more than two decades. His strategic prowess and proven leadership make him the ideal addition to BABB’s Advisory Board.

In his role as an advisor to the BABB Group, Mark will leverage his expertise to foster meaningful relationships with national, regional, and global banks, as well as financial institutions. His contribution will play a pivotal role in steering BABB towards its mission of building the next era of finance — one that is faster, transparent, cross-border, on-chain, now empowered by its groundbreaking layer-1 blockchain, ReDeFi.

BABB looks forward to the transformative journey ahead with Mark Allcock on board, confident that his leadership and vision will propel the organization to new heights, defining the future of banking in ways previously unimaginable.

About BABB

BABB Group leads the charge in transforming financial services into a faster, cross-border, and inclusive experience. Committed to transparency and innovation, BABB envisions a future where blockchain, exemplified by its groundbreaking ReDeFi layer-1 technology, underpins trust in financial transactions. BABB Group consists of Regulated Decentralised Finance, a UK-Based FinTech Company registered with the FCA as a Crypto-asset firm and Babb Remit, a UK-Based Company registered with the FCA as a Small Electronic Money Institution.

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BABB

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