This week, we got an important email from the FCA which included clear guidelines and milestones that payment account providers need to meet.
Those FCA deadlines are:
As the deadlines are fast approaching, we are getting more and more payment account providers coming to us for support to ensure they meet the deadlines and are compliant. We've set up a Webinar on 12th February at 10am to address this issue, where we'll run through exactly why payment account providers should buddy with a TPP to help them meet the FCA deadlines and how OpenWrks is already helping with that.
Whitepaper: Our 4 predictions for changes to affordability assessments after the FCA updates its handbook.