fscom News and Events

fscom Announces Appointment of New CISO

[fa icon='calendar'] 21-Sep-2017 20:17:39 / by fscom Team posted in PSD2, GDPR, Appointments

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We're delighted to introduce James Donnelly, our recently appointed Chief Information Security Officer (CISO). In his role, James will be responsible for helping clients understand and meet their obligations to protect and uphold the data-rights and freedoms of their customers and employees.
 
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Countdown to PSD2: what do payment service providers have to do? 

[fa icon='calendar'] 28-Jun-2017 20:20:24 / by Alison Donnelly posted in PSD2, E-money, FCA, Compliance, Payment services

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In six months’ time, the second Payment Services Directive (PSD2) will be implemented in the UK. And while we don’t yet have finalised implementing documents, progress is being made on what the realised directive will look like. 

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Who are the PSD2 payment initiation service providers?

[fa icon='calendar'] 03-May-2017 16:02:19 / by Alison Donnelly posted in PSD2, Payment services

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  From January 2018, UK providers of payment initiation services will have to be authorised by the FCA under the Payment Services Regulations 2017, the legislation that implements the second Payment Services Directive, PSD2. The regulations, which were published by HM Treasury in draft form earlier this year, defines such services as ' a service to initiate a payment order at the request of the payment service user with respect to a payment account held at another payment service provider '.  
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The Top 4 Regulatory Challenges for FinTechs in 2017

[fa icon='calendar'] 13-Apr-2017 08:22:27 / by Philip Creed posted in PSD2, 4MLD, GDPR, FINTECH, BREXIT

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Crisis management under PSD2: what you need to know

[fa icon='calendar'] 31-Mar-2017 23:53:29 / by Alison Donnelly posted in PSD2, E-money, FCA, Payment services

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The technical glitch that left thousands of customers of high profile fintech start-ups without access to their money last month should act as a major wake up call to payment services providers across the UK.

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