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Fidor TecS AG
Germany
01 Jan 2007 (18 Years)
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What are the differences in regulations for each
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know Fidor TecS AG
Company Information
Get to know Fidor TecS AG
Fidor TecS AG develops, implements and operates the digital banking platform fidorOS for Fidor Group and further white label partners. It employs about 50 people. Fidor TecS AG is a 100% subsidiary of Fidor Bank AG since 2013, while Fidor Bank was founded in 2007. fidorOS is an open middleware software on top of local core banking systems and provides next generation community, payment, and banking service solutions. fidorOS enables trusted third parties to integrate apps and in-account apps using a standardized API infrastructure. Fidor TecS AG also offers and operates customer service for Fidor Group, in-account app, app and white label partners.
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- Financial Other ServicePRIMARY
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