The Payment Institutions Association
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The Payment Institutions Association
A voice for the sector. Our purpose is to heighten awareness of the critical services offered by Payments institutions (PIs); to build dialogue with key partners to make business more efficient, and improve competition with customer choice. We engage with Regulators to improve understanding and get clarity on official guidance, which may initially seem unclear and create uncertainty. This closer dialogue will boost better regulatory outcomes to help business growth• We work with banks and account providers to obtain better mutual understanding of requirements to improve availability and prevent access being withdrawn without explanation. Discussion with improves matters as positions are better communicated. We encourage PIs to demonstrate compliance with FCA Consumer Duty. We cooperate with Technology providers to support Innovation in Open Banking, tokenisation for cross border payment settlement, ISO20022 - there is a need for operationalisation in the payments industry context. Led by experienced industry professionals, TPIA is open to firms at a reasonable membership fee for access to conferences, compliance updates, seminars and training.