SafeCharge International Group Limited, a provider of technological payment solutions, has announced that Tsach Einav will step back into his role of Chief Financial Officer (CFO) on September 1 2017, and will act as a board member effective immediately. Mr. Einav will be replacing his predecessor Tim Mickley, who has made known his intention to step down in order to take part in new entrepreneurial opportunities.

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Mr. Einav, 43, began working at SafeCharge as its CFO back in 2006, and served as a key figure in the company’s development. He further had a role in SafeCharge’s acceptance to the London  Stock Exchange  Stock Exchange A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the financial market and some of the most visible entities in the entire industry. Nearly every developed country boasts a domestic stock exchange, with many varying in importance and size.The largest stock exchanges in the world as of May 2020 include the New York Stock Exchange (NYSE), NASDAQ, Tokyo Stock Exchange, Hong Kong Stock Exchange, London Stock Exchange, EURONEXT, and Shenzen Stock Exchange. What Functions Do Stock Exchanges Perform?Stock exchanges have a variety of utility within the modern financial system. As its name suggests, a stock exchange is often the most important component of a stock market.Another crucial element of stock exchanges is the prevalence of initial public offerings (IPOs) of company stocks and bonds to investors. This is performed in both the primary market and subsequent trading the secondary market.Not any company or entity can be included on a stock exchange. To be able to trade a security on a certain exchange requires the listing of specific securities. Trading on an exchange is restricted to certified brokers who are members of the exchange. The traditional image of crowded trading floors has waned in recent years to include other various other trading venues.This includes electronic communication networks, alternative trading systems and "dark pools" which have ultimately seen the migration of trading activity away from traditional stock exchanges. A stock exchange, also known as a securities exchange or bourse represents is a facility where stockbrokers and traders can buy and sell securities.This includes shares of stock, bonds, exchange-traded funds (ETFs), or other financial instruments. By extension, stock exchanges can also provide facilities for the issue and redemption of such securities and instruments and capital events including the payment of income and dividendsStock exchanges have developed into a permanent fixture in the financial market and some of the most visible entities in the entire industry. Nearly every developed country boasts a domestic stock exchange, with many varying in importance and size.The largest stock exchanges in the world as of May 2020 include the New York Stock Exchange (NYSE), NASDAQ, Tokyo Stock Exchange, Hong Kong Stock Exchange, London Stock Exchange, EURONEXT, and Shenzen Stock Exchange. What Functions Do Stock Exchanges Perform?Stock exchanges have a variety of utility within the modern financial system. As its name suggests, a stock exchange is often the most important component of a stock market.Another crucial element of stock exchanges is the prevalence of initial public offerings (IPOs) of company stocks and bonds to investors. This is performed in both the primary market and subsequent trading the secondary market.Not any company or entity can be included on a stock exchange. To be able to trade a security on a certain exchange requires the listing of specific securities. Trading on an exchange is restricted to certified brokers who are members of the exchange. The traditional image of crowded trading floors has waned in recent years to include other various other trading venues.This includes electronic communication networks, alternative trading systems and "dark pools" which have ultimately seen the migration of trading activity away from traditional stock exchanges. Read this Term AIM Market in the spring of 2014, working side by side with CEO David Avgi. Currently, he holds the position of General Manager at SafeCharge’s Israeli subsidiary. Mr. Einav is a certified public accountant, and holds a bachelor’s degree in economics and accounting, and a master’s degree in economics.

Roger Withers, the Chairman of SafeCharge, spoke highly of Mr. Einav’s contribution to the company over the past eleven years: "He has considerable experience within SafeCharge's business, strong financial expertise and has been integral to the Group's successful operations over many years. He has worked closely with Tim during this time and therefore we are confident of a smooth transition."

This week, SafeCharge launched the Marketplace Manager, a new API solution, which is designed to answer marketplace oriented needs. It will also highlight a white label onboarding sale process and other related tools. The announcement comes at a time when new regulations are nearing, specifically Europe’s PSD2 which requires payment institutions to be licensed to carry out certain services.