mmob, an open finance partnership platform, has gained FCA authorisation for its product.
In Brief:
It’s received FCA authorisation for Payment and Account Information Service Provision.
mmob aims to enable partnerships between digital services providers.
This is done through seamless sharing of customers’ data and account information.
What does this mean?
With the new authorisation, mmob will be able to work with its clients, which include financial institutions and FinTechs, to help them roll out third party products and services.