FreeAgent secures Open Banking registration

Published: 23 August 2018

FreeAgent, the award-winning, and innovative cloud accounting software provider, has received new credentials from the UK’s Financial Conduct Authority (FCA) enabling it to provide Open Banking services to freelancers, contractors, micro-business owners and their accountants.

The company is now registered as an official Account Information Services Provider (AISP) under the terms of PSD2 - the new EU-wide legislation designed to open up the banking and payments industry.

We’re delighted to have achieved our FCA registration...We have always taken our security and data responsibilities very seriously...

Kevin McCallum, Chief Commercial Officer (CCO), FreeAgent

 

FreeAgent is among the first tranche of companies to achieve AISP status in the UK and will now be able to officially embark on its Open Banking strategy.

The accreditation will allow FreeAgent to provide deeper banking integrations with its award-winning software, and enable users to more readily access their banking information in a secure and compliant way...

Full story via Finextra News

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