Challenger FinTech PFS, one of Ireland’s largest issuers of payment cards, is Brexit-ready after receiving a license from the Irish financial Regulator, the Central Bank of Ireland.
This is a significant boost for one of Europe’s leading payment operators which is also licensed by the UK Regulator, the Financial Conduct Authority. This means that PFS will continue to operate as usual throughout the European Economic Area post-Brexit.
Noel Moran, CEO at PFS said: “The future looks even brighter now for PFS with this announcement. It ensures that no matter what happens with regards to Brexit, our business is prepared for all scenarios and there will be no impact to our customers and partners. We look forward to enjoying an excellent working relationship with the Central Bank of Ireland in the years to come.”
In 2019, PFS continues to lead the way in FinTech and the exponentially growing mobile payments and wearables market. It has advanced expertise in successfully delivering payment solutions at speed from its agile Innovation Hub in Ireland and its Technology Centre in Malta.
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