The Paypers

JULY 26, 2024

Zro Bank , a cryptocurrency payment company and IP4Y an issuer of electronic currency, have received authorisation from the Central Bank (BC) to become payment institutions.

Payments Institute 36

Payments Institute Central Bank Issuers Cryptocurrency 36

The Paypers

MAY 3, 2022

Singapore-based ecommerce platform Shopee has gotten authorisation from Brazil’s central bank to operate as a payment institution.

Payments Institute 77

Payments Institute Central Bank Payments 77

Fintech Finance

DECEMBER 13, 2023

Worldline (Euronext: WLN), a global leader in payment services, announces its wholly owned subsidiary, GCS APAC, has been granted Major Payment Institution license by the Monetary Authority of Singapore (MAS).

Payments Institute 52

Payments Institute APACS Cross-Border Push-to-Card 52

The Nilson Report

APRIL 5, 2024

The post Currencycloud Granted ‘In-Principle Approval’ for Major Payment Institution License by the Monetary Authority of Singapore appeared first on Nilson Report.

Payments Institute 52

Payments Institute Authorization Payments Posting 52

Finextra

NOVEMBER 28, 2023

Worldline (Euronext: WLN), a global leader in payment services, announces it has been granted Payment Institution Authorisation by the Financial Conduct Authority (FCA).

Payments Institute 40

Payments Institute Payments Authorization 40

Finextra

DECEMBER 13, 2023

Worldline (Euronext: WLN), a global leader in payment services, announces its wholly owned subsidiary, GCS APAC, has been granted Major Payment Institution license by the Monetary Authority of Singapore (MAS).

Payments Institute 45

Payments Institute APACS Authorization Payments 45

Finextra

JANUARY 10, 2024

has received in-principle approval (IPA) from the Monetary Authority of Singapore (MAS) for a Major Payment Institution Licence. BitGo, the leading provider of financial services for digital assets, announces that its subsidiary in Singapore, BitGo Singapore Pte.

Payments Institute 49

Payments Institute Authorization Payments 49

The Paypers

MARCH 9, 2023

UK-based fintech Paytrix has announced the receipt of a payments institution licence which enables it to deliver regulated global payments solutions to businesses.

Payments Institute 36

Payments Institute Payments Global Payments Payment Solutions 36

The Paypers

DECEMBER 9, 2022

Google Pay has received a license to operate as a payment institution in Brazil, allowing it to initiate payment transactions.

Payments Institute 69

Payments Institute Central Bank Payments Transactions 69

The Paypers

NOVEMBER 28, 2023

Payment services provider Worldline has announced it was granted Payment Institution Authorisation by the Financial Conduct Authority (FCA) in the UK.

Payments Institute 45

Payments Institute Authorization Payments Service Provider 45

The Paypers

NOVEMBER 13, 2023

Brazil-based financial services company Zoop has become a licenced payments institution following an authorisation from the local Central Bank.

Payments Institute 36

Payments Institute Central Bank Payments 36

The Nilson Report

DECEMBER 13, 2023

The post Worldline Subsidiary Obtains ‘Major Payment Institution’ License for Singapore appeared first on Nilson Report.

Payments Institute 40

Payments Institute Payments Posting 40

The Paypers

OCTOBER 3, 2023

The Singapore branch of Sygnum has obtained a Major Payment Institution Licence from the Monetary Authority of Singapore.

Payments Institute 36

Payments Institute Authorization Payments 36

The Paypers

JULY 21, 2023

dLocal has been licensed as a payments institution by the central bank of Brazil, enabling it to offer a suite of financial services and take part in Pix.

Central Bank 36

Central Bank Payments Institute Payments 36

The Paypers

DECEMBER 16, 2022

Crypto.com has become the first cryptocurrency exchange to receive a Payment Institution Licence from the Central Bank of Brazil.

Payments Institute 36

Payments Institute Central Bank Cryptocurrency Payments 36

The Paypers

NOVEMBER 23, 2021

Switzerland-based fintech Amnis has received a payment institution license from the Principality of Liechtenstein.

Payments Institute 48

Payments Institute Payments FinTech 48

Payments Dive

MARCH 14, 2017

Given the possibility of the upcoming UK's withdrawal from the EU, Lithuania has offered an interesting proposal for licensing of payment institution.

Payments Institute 60

Payments Institute Payments 60

The Paypers

JUNE 4, 2020

Enfuce , a large Finland-based fintech startup, has been accredited as an authorised payment institution by the Finnish Financial Supervisory Authority (FIN-FSA).

Payments Institute 28

Payments Institute Accreditation Authorization Payments 28

The Paypers

DECEMBER 21, 2020

Singapore-based payments processing services company COMO Group has acquired ONPEX , a Luxembourg-based payment institution.

Payments Institute 28

Payments Institute Acquirers Payments Process 28

The Paypers

AUGUST 23, 2019

(The Paypers) The Dutch National Bank has granted 2Checkout , a global monetisation platform for global businesses, a PSD2 Payment Institution license.

Payments Institute 41

Payments Institute Payments 41

The Paypers

APRIL 1, 2021

Trust Payments has announced that the UK’s Financial Conduct Authority has granted its subsidiary, TrustUK Payments, an Authorised Payment Institution License.

Payments Institute 28

Payments Institute Payments Authorization 28

Finextra

SEPTEMBER 9, 2024

JST Singapore”) has received an in-principle approval for a Major Payment Institution (MPI) licence from the Monetary Authority of Singapore (MAS) to provide digital payment token service.

Payments Institute 52

Payments Institute Authorization Payments Digital Payments 52

The Paypers

JULY 9, 2019

(The Paypers) The European Banking Authority has published a report on the impact of FinTech on payment institutions' and electronic money institutions' business models.

Payments Institute 28

Payments Institute Assessments FinTech Authorization 28

Payments Dive

APRIL 3, 2017

When choosing the jurisdiction for future payment business it is necessary to consider a large number of different aspects: these are license cost, license acquisition time, office costs and salary of employees in the licensing country (requirements of each regulator provide for at least one staffed operating office).

Payments Institute 60

Payments Institute Payments Regulations 60

The Paypers

JANUARY 16, 2018

(The Paypers) SafeCharge , a payments service provider, has been authorised by the Financial Conduct Authority (the "FCA") as a Payment Institution.

Payments Institute 28

Payments Institute Payments Authorization Service Provider 28

Fintech News

AUGUST 4, 2024

HashKey Technology Services (HashKey OTC), the over-the-counter trading arm of HashKey Group, has been granted a Major Payment Institution license by the Monetary Authority of Singapore (MAS). This license enables HashKey OTC to provide digital payment token (DPT) services in Singapore.

Payments Institute 110

Payments Institute SWIFT Payments Settlement 110

The Paypers

JULY 17, 2018

(The Paypers) Lemon Way , the pan-European payment institution regulated by the ACPR - Banque de France, has announced a EUR 10 million funding round.

Payments Institute 28

Payments Institute Payments Regulations 28

The Paypers

MAY 29, 2020

The Bank of Lithuania has prepared and approved its position on the right of electronic money institutions (EMIs) and payment institutions (PIs) to access bank accounts opened with credit institutions.

Payments Institute 28

Payments Institute Accounts Payments 28

The Fintech Times

AUGUST 5, 2024

Pay2All), a licensed payment institution authorised by the Central Bank of Brazil. The acquisition will allow Nuvei to offer payment services in Brazil as an issuer of electronic currency, gaining Pay2All’s payment licence.

Payments Institute 59

Payments Institute Central Bank Acquirers Issuers 59

PYMNTS

JANUARY 19, 2017

Geoswift, a provider of cross-border payment solutions between China and the rest of the world, announced Wednesday (Jan. unit, Geoswift UK, has received authorization as a payment institution from the Financial Conduct Authority (FCA). 18) that its U.K.

Payments Institute 40

Payments Institute Authorization Cross-Border Cross-Border Payments 40

Finextra

JUNE 20, 2024

Elmore Insurance Brokers and RegTech Green Swan Compliance have teamed up on the development of an Authorised Push Payment (APP) Fraud Reimbursement Insurance product for qualifying UK banks, Payment Service Providers, E-Money Institutions, and Authorised Payments Institutions.

Payments Institute 75

Payments Institute Compliance Service Provider Product 75

Fintech News

SEPTEMBER 8, 2024

JST Digital, a financial services firm focused on digital assets, announced that its Singapore subsidiary has received in-principle approval from the Monetary Authority of Singapore (MAS) for a Major Payment Institution (MPI) licence. JST Singapore provides market-making, trade execution, and bespoke financial solutions.

Payments 109

Payments On-Demand Payments Institute Authorization 109

Finovate

MARCH 7, 2024

Currencycloud was offered In-Principle Approval to serve as a Major Payment Institution license holder in Singapore. “The IPA for a Major Payment Institution License is testament to the strength of the Currencycloud brand,” said Currencycloud Managing Director of APAC Rohit Narang.

Multi-Currency 97

Multi-Currency Cross-Border APACS Cross-Border Payments 97

Fintech News

SEPTEMBER 1, 2024

The Singapore subsidiary of crypto exchange OKX has received a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). This license allows OKX to offer a broader range of digital payment services in compliance with local regulations.

Payments 125

Payments Regulations Payments Institute Compliance 125

The Paypers

SEPTEMBER 6, 2024

OKX Singapore has been granted a major payment institution (MPI) license by the Monetary Authority of Singapore (MAS).

Payments Institute 36

Payments Institute Authorization Payments 36

Payments Dive

APRIL 3, 2017

When choosing the jurisdiction for future payment business it is necessary to consider a large number of different aspects: these are license cost, license acquisition time, office costs and salary of employees in the licensing country (requirements of each regulator provide for at least one staffed operating office).

Payments Institute 60

Payments Institute Payments Regulations 60

Finextra

JULY 10, 2024

and part of the Pine Labs group today announced that it has received an in-principle approval from the Monetary Authority of Singapore (MAS) for a Major Payment Institution (MPI) Licence to offer account issuance, merchant acquisition, and domestic money transfer services.

Payments Institute 59

Payments Institute Authorization Accounts Payments 59