New PISP authorised under Open Banking rules – AltFi News

Moneyhub has been authorised as a Payment Initiation Services Provider (PISP) by the FCA, having already secured Account Information Services Provider (AISP) status.

The platform gives users oversight of all data relating to their accounts, credit cards, loans and pensions. It caters to individuals, advisors and businesses.

With PISP status secured, Moneyhub will evolve beyond simply offering overviews. Its users may now enact seamless payments from various providers using the platform. Samantha Seaton, the CEO of Moneyhub, has declared: ‘Frictionless Finance has arrived’.

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