fscom News and Events

Dear CEO: Safeguarding attestation required by 31 July 2019

[fa icon='calendar'] 08-Jul-2019 10:39:45 / by Rachel Stevenson posted in E-money, payments, Regulatory compliance, safeguarding

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AdobeStock_15177624On the 4 July 2019 the FCA released a ‘Dear CEO’ letter that addressed both the positive and negative practices of non-bank Payment Service Providers (“PSPs”) as they seek to comply with their obligations to safeguard customers’ funds. The FCA identified a number of failings in the safeguarding processes of the 11 PSPs it reviewed over a six-month period and has set out mandatory actions for PSPs.

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Authorised push payments and the voluntary code

[fa icon='calendar'] 21-Jun-2019 16:22:28 / by Alison Donnelly posted in E-money, challengerbanks, payments

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What are you doing to protect your customers from authorised push payment (APP) scams? That is a question payment service providers (PSPs), including payment and e-money institutions, will have to answer following regulatory intervention in the UK to force the industry to tackle the problem following Which?’s supercomplaint in 2017.

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"Is Open Banking the epitome of inclusivity?" EWPN Ireland Launch Event - 20 June 2019

[fa icon='calendar'] 30-May-2019 17:06:06 / by Alison Donnelly posted in payments, ewpn, ireland

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EWPN Announces Ambassador for Ireland

[fa icon='calendar'] 03-May-2019 14:45:00 / by fscom Team posted in payments, ewpn, ireland

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Becoming an Authorised Payment Institution

[fa icon='calendar'] 25-Apr-2019 15:10:07 / by fscom Team posted in FCA, authorisation, payments, In the Media

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