back Back partners with Moorwand for PSD2 compliance

By Gloria Methri

December 08, 2023

  • Compliance Regulatory
  • E-Money Institution
  • Europe
Share, Open Banking, FinTech, UK, Risk Monitoring, Risk Intelligence Platform, PSD2, Transaction Monitoring, Fraud, the provider of PSD2 compliance solutions, has joined forces with Moorwand, an E-money Institution (EMI), to help address full compliance and avoid regulatory non-compliance consequences.

David Monty, CEO of, said, “The partnership showcases how EMIs can protect themselves against regulatory risks while empowering them to grow their business in the open banking landscape.”

Regulatory breaches can have dire consequences for EMIs, ranging from intrusive investigations and aggressive deadlines to severe fines, programme shutdowns, and restrictions on new business activities. To meet the compliance requirements of the Second Payment Services Directive (PSD2) for an open banking “Dedicated Interface”, and mitigate the risks associated with non-compliance, Moorwand has chosen to partner with

Luc Gueriane, CEO at Moorwand, said, “This strategic alliance not only provides Moorwand’s clients with a robust and cost-effective compliance solution but also equips us with the necessary assurance mechanisms and regulatory reporting capabilities.”

tell.gateway, the flagship Dedicated Interface product offered by, enables clients to deploy an end-to-end PSD2 solution within weeks, or even days in some cases. tell.gateway not only offers advanced technology but also includes a comprehensive range of services crucial to Moorwand’s decision-making process. These services, which played a vital role in the company’s compliance assurance, include Regulatory Reporting, and Conformance Certification.

Without these critical services, regulated providers like Moorwand would lack the means to satisfy reporting requirements or evaluate the suitability of client implementations.

This business protective and enabling partnership between and Moorwand sets an industry standard that others will want to emulate, ensuring that EMI providers can confidently navigate the complex landscape of regulatory compliance while offering secure and compliant payment account services to end users.

Previous Article

December 08, 2023

Qashio and YallaCompare launch ‘Qashio Insurance’ for SMEs

Read More
Next Article

December 11, 2023

Network International & Huawei team to facilitate digital payments

Read More

IBSi Daily News Analysis

South East Asia

February 28, 2024

Compliance Regulatory

FinTech penetration in Southeast Asia will double by 2027, research reveals

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

February 28, 2024

Uncapped teams up with Yapily to scale funding for businesses

Read More

February 28, 2024

Owlin launches AI-based Due Diligence solution for banks

Read More

February 28, 2024

Israel’s AU10TIX unveils KYB solution to enhance verification

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q4 2023
Know More
Wealth Management & Private Banking Systems Report Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2023
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
Get your copy now! IBSi Sales League Table 2023