Payments & Fintech 

Payments and e-money firms are expected to have proper compliance infrastructure in place – compliance monitoring, governance, incident and breach recording, registers and regulatory change – rather than building it retrospectively, as the FCA has made clear through successive Dear CEO letters. My Compliance Centre gives these firms that infrastructure in one platform, with Pay Assure providing a structured starting framework for FCA-authorised payment and e-money institutions.

As a payments or e-money firm grows, the informal processes that worked early on stop keeping pace. My Compliance Centre gives you compliance monitoring, governance, registers and regulatory change in one platform that scales with the business, you add to it rather than rebuilding it, and Pay Assure provides a ready-made starting framework so you are not configuring from a blank system.

Incidents and breaches are managed through Register Vault, which provides structured recording, assessment, escalation and a regulatory reporting audit trail. Each incident is captured consistently, routed for review through the workflow engine, and held with a complete audit trail – so you can evidence how an incident was identified, assessed and resolved, through to regulatory notification where required.

Pay Assure is a structured compliance framework covering the key regulatory requirements for FCA-authorised payment institutions and e-money institutions, built on the full My Compliance Centre platform. It gives a fast-growing firm a ready-made starting point rather than a blank system to configure – the core processes a payments firm is expected to have in place, ready to deploy and adapt to your business.

Most firms are up and running within days, and Pay Assure shortens this further by providing a ready-made compliance framework to start from. You can deploy the core processes first and add others as the business grows, with our team supporting you through setup.