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Payment Components
United Kingdom
2014 (11 Years)
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Security Information
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 Payment Components
Company Information
Get to know Payment Components
PaymentComponents is a B2B solution provider for the Open Banking age. We build open and light software components that can transform your business. That is why we gathered the best designers, domain experts, and stellar engineers to help Banks and Financial technology companies become digital champions. Our Open Banking Components are the necessary ingredients for Financial Institutions to innovate and thrive in the digital space. Like pomegranate, secure and protected on the outside, yet ingeniously connected and rich in offerings in the inside.
Industry
- Financial Other ServicePRIMARY
- Technology Software Development
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