Token Granted FCA Authorisation for Open Banking Payment & Information Services

Turnkey open banking platform provider, Token, today announces its official authorisation by the Financial Conduct Authority (FCA) to deliver payment initiation and account information services, under the terms of PSD2.

Via its universal open API banking platform, Token enables banks, merchants and other third-party providers (TPPs) to connect to any bank in the EU for payments and account information requests, thereby solving the integration pain being felt across the industry caused by multiple, proprietary bank APIs.

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