Payment Services, eMoney and Digital Assets

We work with firms across the payment services, eMoney and digital assets sectors from newly established startups to mature organisations expanding their portfolio of products and major international companies establishing a foothold in new markets.

Payment services and digital assets remain the most dynamic and innovative areas of the financial services sector. It’s also one of the most difficult areas to navigate and grow with Payment Service Providers (PSPs, comprising Small Payment Institutions SPIs and Authorised Payment Institutions APIs) and Electronic Money Institutions (EMIs and Small EMIs) facing:

An established and complex regulatory framework (Consumer Duty, Senior Managers Regime).
Sector-specific emerging or changing regulations and authorisation requirements (e.g. digital assets rules, operational resilience).
A continual trend of regulators commissioning reviews into firms’ systems and controls.
Operating with a lean operating model and with internationally distributed teams.

Firms need a strong understanding of how to prepare for and mitigate these challenges to have the flexibility and innovation to flourish and grow.

Our Approach

We work with firms that are looking to establish themselves, undertake regulatory applications, gain an understanding of the current / emerging regulatory regime and undertake programmes of enhancement or change.

We also work with firms in crisis situations to safeguard their reputation, remediate issues, enhance performance and build confidence. We combine our experience in risk, compliance, governance, culture, operations, technology and audit with industry knowledge to support our clients in a way that is practical, aligned to their business strategy and adds value.