Tag EMI License UK

What Is an EMI License in the UK? An EMI (Electronic Money Institution) license is authorized by the FCA (Financial Conduct Authority) to companies who want to issue and redeem electronic money. EMI License holders in the UK can issue…

Unlike Payment Institution, E-Money license is solely regulated by FCA, while this allows for fewer requirements for approval by the governing body, it also means that it is less protected than a conventional banking license.  As a licensed EMI, you…