Experienced and efficient

compliance consultancy

Get your FCA or Lithuanian licence in the fastest possible timescale

Startups

Payment Institutions

Emoney Firms

Deliverable FX

Escrow Services

Super Fast track Emoney licences

Taking a stake in an existing payment or emoney institution in Europe and beyond is something we see increasingly.

Ultra Fast track Emoney licences

We have built relationships that enable you to operate under someones licence and technology  so you can be up and running much faster.

FastTrack Emoney and payment licences

We give you the assistance you need to confidently document and implement the necessary controls in a regulated sector.

WeChat and AliPay

Jump on board with the UK’s fastest growing payment methods

AML Audit

Has your bank requested that you  conduct an audit to prove you are complying with AML or CTF regulations

Segregated bank accounts

Essential to your business and yet impossible to obtain? We have the network  to get you a designated client account

Generating New Ideas Solving Big Problems

We rapidly assess your companies strengths and weaknesses and determine the most efficient solution to achieve your aims.

FCA licences approved

FCA licences declined

Average years of experience of our consultants

Cups Of Coffee

Open Banking

In August 2016, the UK Competition and Markets Authority (CMA) issued a ruling that required the nine-biggest UK banks – HSBC, Barclays, RBS, Santander, Bank of Ireland, Allied Irish Bank, Danske Bank, Lloyds and Nationwide – to allow licensed startups direct access to their data down to the level of account transactions. Open banking has led to a raft of new financial technology products and companies. READ MORE

Strong Customer Authentication (SCA)

Whilst most elements of PSD2 came into force in January 2018 Strong Customer Authentication will finally become mandatory on 14th March 2021.   If you have concerns about the looming SCA deadline or the penalties for not being ready just get in touch with the experts. READ MORE

Deliverable FX

Authoripay can provide you with:

Advice on how to alter practices to ensure you fall outside the scope of MiFiD II

Assistance to become authorised under MiFID II

A signed opinion stating that we consider you to be exempt from MiFiD II requirements. READ MORE

Escrow Services

If you provide Escrow services you now need to be authorised by the FCA directly or become an agent of a willing to take on Escrow providers.  To our knowledge AuthoriPay is the only Payment Institution willing to assist such firms.

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Escrow services are generally a payment service consisting of the transfer of funds from a payer to a payee, with the service provider holding the funds pending the payee’s fulfilment of certain conditions, confirmation by the payer or confirmation by both parties. An escrow service may be a regular occupation or business activity of a platform even if it represents only a small part of your overall service.

Some companies deal with only a handful of large Escrow transactions per year and for them in particular, our agent programme is an excellent opportunity to remain compliant without the rigours of a full FCA application and the ongoing reporting and fees.

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Get in touch

AuthoriPay Ltd, Milton Hall,  Ely Road, Cambridge,   CB24 6WZ