Winning Partnerships: Building a Payment Service Provider with sync.
As a new entrant to the UK and European finance markets, sync. was looking for a partner with experience in both British and EU regulatory environments, as well as individual country rules. Their ideal partner would have deep experience of Mastercard’s scheme rules and be comfortable working in an “Open Banking” environment, in which products from several providers are connected through a single platform. In total, sync.’s brief involved working with more than ten issuing, processing and card scheme partners, as well as UK, EU and local country regulators.