Payment Institution (PI) Compliance Services
We Offer Compliance Support for Payment Institutions
From license applications to day-to-day operations, we help Payment Institutions mitigate regulatory risks in the EU. Our team supports you through registration, policy development, and AML, so you can focus on growing your business.
As seen on:
As seen on:
As seen on:
Challenges
Payment Institutions Face Complex Compliance Rules
Payment Institutions Face Complex Compliance Rules
Payment Institutions face a wide range of compliance requirements, even before they launch. Licensing, safeguarding, AML, and ongoing supervision all need to be handled correctly, and regulators across the EU are raising their expectations.
Payment Institutions face a wide range of compliance requirements, even before they launch. Licensing, safeguarding, AML, and ongoing supervision all need to be handled correctly, and regulators across the EU are raising their expectations.
Complex Licensing Process
Even getting started requires detailed documentation, capital planning, and regulatory reviews. Mistakes or delays in the process can slow you down.
Complex Licensing Process
Even getting started requires detailed documentation, capital planning, and regulatory reviews. Mistakes or delays in the process can slow you down.
Complex Licensing Process
Even getting started requires detailed documentation, capital planning, and regulatory reviews. Mistakes or delays in the process can slow you down.
Safeguarding Customer Funds
Payment Institutions must keep client funds separate, monitor them daily, and prepare for audits. Weak safeguarding controls can create a serious risk.
Safeguarding Customer Funds
Payment Institutions must keep client funds separate, monitor them daily, and prepare for audits. Weak safeguarding controls can create a serious risk.
Safeguarding Customer Funds
Payment Institutions must keep client funds separate, monitor them daily, and prepare for audits. Weak safeguarding controls can create a serious risk.
AML Expectations Are Rising
Regulators across the EU are increasing scrutiny of AML programs. That means stronger KYC, better transaction monitoring, and more robust internal oversight.
AML Expectations Are Rising
Regulators across the EU are increasing scrutiny of AML programs. That means stronger KYC, better transaction monitoring, and more robust internal oversight.
AML Expectations Are Rising
Regulators across the EU are increasing scrutiny of AML programs. That means stronger KYC, better transaction monitoring, and more robust internal oversight.
Regulators
Who Regulates Payment Institutions in the EU?
PIs in the EU are licensed and supervised by national regulators in each member state. These authorities follow EU-wide rules set by the European Commission and the European Banking Authority (EBA).
Frameworks
Core Frameworks That Apply to Payment Institutions
Core Frameworks That Apply to Payment Institutions
The regulatory landscape for payment institutions includes EU-level directives like PSD2, international AML standards, and national privacy laws. These shape everything from how you onboard clients to how you handle complaints and protect data.
The regulatory landscape for payment institutions includes EU-level directives like PSD2, international AML standards, and national privacy laws. These shape everything from how you onboard clients to how you handle complaints and protect data.
How We Help
Let Us Manage Compliance While You Focus on Growth
01
Getting a PI License
We guide you through the PI license application process with your local regulator. That includes regulatory strategy, required filings, business plans, policies, and financial models.
01
Getting a PI License
We guide you through the PI license application process with your local regulator. That includes regulatory strategy, required filings, business plans, policies, and financial models.
02
Setting Up Your Compliance Program
We help you build a program that fits your business model. From AML policies to training plans, we create documents and workflows aligned with your risks and requirements.
02
Setting Up Your Compliance Program
We help you build a program that fits your business model. From AML policies to training plans, we create documents and workflows aligned with your risks and requirements.
03
Running Daily Compliance
Once live, we support day-to-day compliance operations. That includes monitoring activity, filing reports, responding to regulator updates, and keeping your documents current.
03
Running Daily Compliance
Once live, we support day-to-day compliance operations. That includes monitoring activity, filing reports, responding to regulator updates, and keeping your documents current.
04
Filling Required Roles
We can act as your outsourced CCO, AML officer, or other required roles, giving you access to experienced professionals without needing to hire full-time staff.
04
Filling Required Roles
We can act as your outsourced CCO, AML officer, or other required roles, giving you access to experienced professionals without needing to hire full-time staff.
Why InnReg
A Compliance Partner for Payment Institutions
Our team combines regulatory expertise with hands-on execution. We help you manage licensing, AML, and safeguarding requirements while adapting to your internal tools and workflows.
Decades of Experience
Our team brings together multiple decades of cumulative experience in regulatory compliance and fintech.
Decades of Experience
Our team brings together multiple decades of cumulative experience in regulatory compliance and fintech.
Full-Service Solutions
InnReg can cover your entire compliance journey, from strategic planning to daily operations.
Full-Service Solutions
InnReg can cover your entire compliance journey, from strategic planning to daily operations.
Seamless Integration
InnReg's team integrates into your organization to complement your existing resources and structures.
Seamless Integration
InnReg's team integrates into your organization to complement your existing resources and structures.
Expertise on Your Niche
Work directly with our regulatory specialists, each selected for their unique expertise in your specific niche.
Expertise on Your Niche
Work directly with our regulatory specialists, each selected for their unique expertise in your specific niche.
Worldwide Expertise
With a diverse team around the globe, InnReg supports international firms in navigating multi-jurisdictional landscapes.
Worldwide Expertise
With a diverse team around the globe, InnReg supports international firms in navigating multi-jurisdictional landscapes.
Cost-Effective Services
Compliance outsourcing for financial services firms can provide significant cost savings while promoting innovation.
Cost-Effective Services
Compliance outsourcing for financial services firms can provide significant cost savings while promoting innovation.
Resources
Latest Content
Articles
Downloads
Apr 22, 2025
·
16 min read
Articles
Downloads
Apr 22, 2025
·
16 min read
FAQ
Payment Institution Compliance FAQs
Payment Institution Compliance FAQs
What is the difference between a Payment Institution and an Electronic Money Institution in the EU?
What is the difference between a Payment Institution and an Electronic Money Institution in the EU?
Do I need separate payment licenses for the UK and the EU?
Do I need separate payment licenses for the UK and the EU?
What are safeguarding rules, and do they apply to my payment business?
What are safeguarding rules, and do they apply to my payment business?
How much capital is required to become a licensed payment provider?
How much capital is required to become a licensed payment provider?
Do I need to file suspicious activity reports (SARs) as a payment services provider?
Do I need to file suspicious activity reports (SARs) as a payment services provider?
Do payment providers need to monitor transactions in real time?
Do payment providers need to monitor transactions in real time?
What is the role of transaction limits in compliance?
What is the role of transaction limits in compliance?
What is a Payment Institution under PSD2?
What is a Payment Institution under PSD2?
What’s included in a PI license application?
What’s included in a PI license application?
How long does it take to get licensed as a Payment Institution?
How long does it take to get licensed as a Payment Institution?
Let's Talk About Your Business Needs
Let's Talk About Your Business Needs
Who We Serve
Compliance Services
Compliance Consulting
Compliance Operations
Licensing Services
Resources
About InnReg
The content provided on this website is for informational purposes only and does not constitute legal, investment, tax, or other professional advice. InnReg LLC is not a law firm, tax advisor, or regulated financial institution. Viewing this site or contacting InnReg does not create a client relationship. Results described in case studies or testimonials may not be typical and do not guarantee future outcomes. Tools, spreadsheets, or guides available on this site are provided for illustrative purposes only and should not be relied upon without professional guidance. Any links to third-party websites are provided for convenience and do not constitute endorsement or responsibility for their content. The information on this site may not be applicable in all jurisdictions. While we strive to provide accurate content, we make no representations as to its completeness or timeliness. Some visual assets on this site are sourced from Freepik.
Who We Serve
Compliance Services
Compliance Consulting
Compliance Operations
Licensing Services
Resources
About InnReg
The content provided on this website is for informational purposes only and does not constitute legal, investment, tax, or other professional advice. InnReg LLC is not a law firm, tax advisor, or regulated financial institution. Viewing this site or contacting InnReg does not create a client relationship. Results described in case studies or testimonials may not be typical and do not guarantee future outcomes. Tools, spreadsheets, or guides available on this site are provided for illustrative purposes only and should not be relied upon without professional guidance. Any links to third-party websites are provided for convenience and do not constitute endorsement or responsibility for their content. The information on this site may not be applicable in all jurisdictions. While we strive to provide accurate content, we make no representations as to its completeness or timeliness. Some visual assets on this site are sourced from Freepik.
Who We Serve
Compliance Services
Compliance Consulting
Compliance Operations
Licensing Services
Resources
About InnReg
The content provided on this website is for informational purposes only and does not constitute legal, investment, tax, or other professional advice. InnReg LLC is not a law firm, tax advisor, or regulated financial institution. Viewing this site or contacting InnReg does not create a client relationship. Results described in case studies or testimonials may not be typical and do not guarantee future outcomes. Tools, spreadsheets, or guides available on this site are provided for illustrative purposes only and should not be relied upon without professional guidance. Any links to third-party websites are provided for convenience and do not constitute endorsement or responsibility for their content. The information on this site may not be applicable in all jurisdictions. While we strive to provide accurate content, we make no representations as to its completeness or timeliness. Some visual assets on this site are sourced from Freepik.