Kani has appointed Andrew Wingfield as Head of Strategic Solutions, reinforcing its focus on safeguarding, reconciliation and regulatory readiness as the Financial Conduct Authority’s updated safeguarding requirements take effect in May 2026.
The incoming rules represent one of the most significant changes to safeguarding expectations for Electronic Money Institutions (EMIs), issuers and fintechs in recent years. Firms will be required to demonstrate clearer, more consistent oversight of safeguarded funds, with greater emphasis on accuracy, reconciliation discipline and evidencing compliance—not just at audit points, but as part of day-to-day operations.
Andrew will lead the continued development of Kani’s safeguarding solution, working closely with clients to help them manage, reconcile and report safeguarded balances in a way that aligns with both the letter and the intent of the FCA’s updated CASS framework. His role spans product strategy, customer insight, regulatory interpretation and translating real operational complexity into tools firms can rely on with confidence.
Andrew brings more than a decade of experience across financial operations, analytics and regulatory compliance, having held senior roles at Raphaels Bank, PomeloPay and The Payment Firm, alongside extensive consultancy work supporting fintechs across the UK and Europe. His background includes designing safeguarding frameworks, building financial models, and supporting firms through regulatory scrutiny—experience that directly informs how Kani approaches product development.
Safeguarding compliance has historically been undermined by fragmented data, manual workarounds and inconsistent reconciliation processes. As regulatory expectations rise, these weaknesses become harder to defend. Kani’s platform is designed to address this by giving firms a single, structured view of safeguarded balances, supported by automated reconciliation, audit-ready reporting and clear data lineage.
Andrew’s focus will be on ensuring Kani’s safeguarding capabilities evolve in step with the new regulatory environment—helping firms move away from spreadsheet-driven processes and towards more reliable, scalable controls.
“The challenge for many firms isn’t understanding that the rules are changing. It’s having operational confidence to prove compliance day in, day out,” Said Andrew Wingfield. “My priority is to ensure Kani’s safeguarding solution supports that reality: accuracy where it matters, clarity for auditors and regulators and efficiency for teams who already have enough on their plates”.
Beyond safeguarding, Andrew will also play a key role across Kani’s wider product suite, including analytics, forecasting, and scheme and acquirer reporting. His remit includes simplifying complex workflows and helping clients extract more value from their data as regulatory and operational pressures continue to converge.
Aaron Holmes, CEO of Kani Payments, added: “Safeguarding is becoming more exacting, not less. Andrew’s experience sits right at the intersection of regulation, data and real-world operations, which makes him a strong fit for where our clients are heading. His appointment strengthens our ability to build products that are compliant by design, transparent in operation, and genuinely useful in practice.”
The appointment reflects Kani’s continued investment in senior expertise and product depth as it supports EMIs, issuers and fintechs navigating regulatory change—making safeguarding, reconciliation and reporting more robust, more defensible and easier to manage at scale.
