LIMASSOL, Cyprus -Thursday 10 September 2020 [ AETOS Wire ]
The
UK’s Financial Conduct Authority (FCA) has granted the AEMI licence to
B2B Payment Solutions LTD which is part of the B2Broker Group of
companies.
(BUSINESS
WIRE)-- B2B Payment Solutions Ltd, part of the B2Broker Group of
companies, is pleased to announce that the United Kingdom’s Financial
Conduct Authority (FCA) has granted the company an Electronic Money
Institution License (AEMI). The licence permits companies to engage in
e-money related and payment services in the UK and European Economic
Area (EEA).
As a regulated AEMI e-money provider, B2B Payment
Solutions Ltd will now be able to act as a payment intermediary. The
company’s primary focus is to offer payment services to regulated Forex
brokers and licensed liquidity providers as well as corporate IT
businesses and e-commerce companies, and create a bespoke ecosystem
where brokers will be able to deposit and withdraw funds to and from
margin accounts and their end-users across Europe and the UK.
The
company will therefore offer digital banking services that are ideally
geared up for the regulated brokerage industry. According to company
estimations, there are over 1,000 regulated brokers and liquidity
providers with hundreds of thousands of end users, all of whom will be
able to deposit and withdraw in just seconds. In this respect, B2B
Payment Solutions Ltd will offer sub IBANs, SEPA transfers and Faster
Payments.
Future plans include the addition of further services
including SWIFT transfers, card processing and electronic money wallets.
The company also intends to start offering the same services to other
types of regulated financial institutions who possess PI, API, EMI and
AEMI licenses.
Ievgen Iugrinov, the company's Product Manager
commented, “Our goal is to enable the B2Broker ecosystem to access
payment accounts and attract new clients to the financial industry. We
are delighted to be able to offer the latest genre of e-payment services
as an AEMI which places us in the same league as leading industry
players who also conduct their UK and European operations under the same
licence.”
Securing an AEMI licence is a key part of the
company's strategy to expand its products globally and extend its
services and offer better and more competitive products to its customers
across the UK and Europe.
Established in 2020, B2B Payment
Solutions Ltd (ref no: 901100) is a financial technology company
headquartered in London, UK offering a range of digital banking and
payment services.
These include worldwide money transfers,
issuing e-wallets and prepaid cards, setting up direct debits,
processing standing orders, BACS/CHAPS payments and mobile payment
transactions. All payments are easy and secure, and using algorithms
which trigger fraud, money laundering and other illicit activities.
Evgeniya
Mykulyak, Co-Founder at B2B Payment Solutions Ltd added, “I believe we
will offer a groundbreaking service to all users who need instant access
to a range of e-payment services. We will be providing a range of
services where our customers can be assured that their transactions will
not only be fast, but safe and secure. With deep industry knowledge in
the payments industry, our company has big plans for the future which
will firmly place us in a prime position in the Fintech industry.”
View source version on businesswire.com: https://www.businesswire.com/news/home/20200909005413/en/
Contacts
Rosemary Barnes
Head of PR & Marketing
pr@b2broker.net
Permalink
:
https://www.aetoswire.com/news/b2b-payment-solutions-ltd-secures-fca-aemi-approval-to-offer-e-payment-services-in-uk-and-europe/en
No comments:
Post a Comment