Token.io has named Gil Danziger as its new Chief Technology Officer. He will also serve as Managing Director of Token GmbH. The move supports growth in Pay by Bank services.
Key Facts
- Token.io appointed Gil Danziger as CTO and Managing Director of Token GmbH.
- Token.io provides Pay by Bank infrastructure in the UK and Europe.
- The announcement came from finextra.com on June 10, 2026.
- Danziger joins to guide technology strategy for the firm.
Simple Breakdown
Pay by Bank lets users pay directly from their bank account using open banking links. Token.io builds the systems that make this work for businesses and banks. A CTO leads all tech teams and plans new tools. This hire adds experience to keep services fast and secure.
Why This Matters
Strong tech leadership helps firms deliver reliable Payment Tools. Users get quicker and safer ways to pay without cards. Banks and merchants can connect more easily to these systems. The change may speed up new features for daily payments in the UK and Europe.
What's Next
Token.io plans to expand its Pay by Bank reach with better tech under new guidance. More banks may adopt these tools in coming months. Watch for updates on features that make payments simpler for everyone.
⚡ Key Takeaways
- Token.io named Gil Danziger as CTO and head of its German unit.
- Pay by Bank uses open banking for direct account transfers.
- The firm focuses on Payments Infrastructure in the UK and Europe.
- New leadership aims to guide tech plans and growth.
- This step supports steady progress in Digital Payments.
- Merchants and banks may see improved service options soon.
- The news came from finextra on June 10, 2026.
FAQ
Conclusion
Token.io moves forward with fresh tech leadership. Pay by Bank services should keep advancing in the months ahead. Follow updates from the company for more details.
Sources
- Finextra (2026-06-10)
