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Tytonical
United Kingdom
01 Feb 2019 (6 Years)
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What are the differences in regulations for each
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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 Tytonical
Company Information
Get to know Tytonical
Using our patent pending methodology we enable frictionless connected-car payments which uses the license plate as the universal identifier to facilitate payments. 'Pay-by-plate' payments. Subsequently we enable vehicle based, hyper personalised shopping experiences as we are able to identify the user in-the-moment. We achieve this by: 1. Integrating with existing consumers and provide our services as an extension to their offering. No new app to download. This gives us instant user scale. 2. Providing retailers with a single integration point to provide frictionless payment experiences. This saves retailers $millions as they no longer have to develop or maintain their own app or upgrade their hardware infrastructure (petrol pumps, parking hardware, drive thru payment terminals) with new and expensive payment terminals which need to be maintained and re-certified.
Industry
- Financial Other ServicePRIMARY
- Financial Payment
- Financial PSP Gateway
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