ITBS t/s finker – one app, all banks acquires prestigious FCA license
ITBS t/s finker – one app, all banks acquires prestigious FCA license to offer access to financial data in compliance with PSD2/Open Banking in the European space.
This new development marks a break into higher grounds for the firm, expanding their reach globally. The company now operates with the UK’s Financial Conduct Authority (FCA) license number 911308.
The firm was previously very much focused on the south east European market – especially with a high client base in Greece.
The new license will definitely strengthen its prestige in this region but more important globally, as the FCA license is one of the most respected financial licenses worldwide.
“The regulator takes a forensic interest in your business plan and operational model to ensure you meet conditions and continues to do so.
Being approved by the FCA is proof of quality and recognition of our corporate governance and data protection measures.” says Panos Papavassiliou, Chief Information Officer at ITBS.
The Financial Conduct Authority is the conduct regulator for 59,000 financial services firms and financial markets in the UK and the prudential regulator for over 18,000 of those firms. It aims to make markets work well – for individuals, for business, large and small, and for the economy as a whole.