Open Banking: By Miles Builds a Payment Institution

Open Banking: By Miles Builds a Payment Institution

FACTS

  • The British InsurTech By Miles, specialising in pay-per-mile car insurance offers, has been granted a licence from the Financial Conduct Authority (FCA). They intend to rely on Open Banking-entailed opportunities to fine-tune their risk assessment process.

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Related news

  • Insurance
  • Payment
  • 26.10.2018

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