Michael Steinbach is Head of Global Business Line Financial Services of Worldline and CEO of equensWorldline SE. Furthermore he is member of Worldline´s Group Executive Committee. Next to that, he is involved in national and international payment committees. Earlier, he acted as Chairman of the International Payments Framework Association (IPFA) and member of the supervisory board of Deutsche Bank Nederland NV. Michael Steinbach was one of the responsible acting managers on the mergers between the Dutch Interpay B.V. and the German Transaktionsinstitut fuer Zahlungsverkehrsdienstleistungen AG which led to the incorporation of Equens in 2006 and between Equens and the processing part of Worldline, resulting in the creation of equensWorldline SE in 2016.