The operational regulatory requirements for payment and e-money institutions pose challenges for many companies and fintechs. As a BaFin approved outsourcing partner, we will help you through the regulatory jungle so that you can focus on your core business.
In order to properly meet the payment service supervisory requirements, e-money institutes, fintechs, and all players in the field of innovative payment solutions are confronted with continuously increasing compliance requirements. This includes comprehensive risk management, payment service supervisory requirements for IT and the ongoing documentation and further development of relevant processes. This is time-consuming and distracts you from your core business. The solution? – As experts for innovative payment services and an approved outsourcing partner, we take over your operational tasks for you temporarily or long-term.
BaFin license applications
We create BaFin license applications with and for you, support you in compiling all the necessary documents in accordance with the EBA guidelines, and develop a target organization model for you that is compliant with the relevant payment services regulatory requirements.
AML frameworks
We develop frameworks and guidelines for preventing money laundering (AML) with you and support you in defining and operationalizing the underlying processes. In addition, our team continuously monitors changes and adapts them into your operational activities.
Management regulatory affairs payments
As part of the outsourcing of the compliance with payment services regulatory requirements, we take over all essential activities including the control of all partners, creation and transmission of reports, ongoing documentation and communication with all internal and external stakeholders, including BaFin and Bundesbank.
Regulatory requirements for IT-systems (ZAIT, BAIT, DORA)
We setup and monitor all activities to meet the regulatory requirements for your IT-systems allowing to securely operate and expand your business. This includes gap-analysis, setup and review of respective documentation as well as supporting the Management with sound guidance
